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(January 10, 2018)
The Global Newborn Screening Market accounted to USD 650.0 million in 2016 growing at a CAGR of 11.2% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Newborn Screening also called neonatal screening is a process of detection of some genetic, harmful, developmental or metabolic disorders that can lead to mental retardation or death. Newborn screening consists of a hearing screening, blood test, and screening for critical congenital heart defects they are performed to diagnose disorders such as newborn hearing loss, cystic fibrosis, critical congenital heart disease, and congenital adrenal hyperplasia. The screening is completed within few days of birth or before leaving the hospital.
Also the Global Newborn Screening Market Technology (Pulse Oximetry, Enzyme Based Assays, Tandem Mass Spectrometry, DNA Assays, Electrophoresis), Test Type (Dry Blood Spot Test, Hearing Screen Test, Critical Congenital Heart Diseases Test), Product Type (Newborn Disorder Screening Instruments, Newborn Hearing Screening Instruments, Pulse Oximeters, Reagents and Assay Kits), Disease (Blood Spot Disease, Hearing Disability, Sickle cells Disease, Critical Congenital Cardiac Disease, Thyroid Disorder, Maple Syrup Disease), End-Users (Hospitals, Ambulatory Care, Nursing Homes), Geography- Industry Trends and Forecast to 2024.
Major market drivers and restraints: Global Newborn Screening Market
- Benefits Associated to Newborn Screening
- Government Support
- Technological Innovations
- Socio-Economic Barriers
- Lack of Professional Infrastructure
Market Segmentation: Global Newborn Screening Market
By technology the global newborn screening market is segmented into pulse oximetry, enzyme based assays, tandem mass spectrometry, DNA assays, and electrophoresis.
On the basis of test type the global newborn screening market is segmented into dry blood spot test, hearing screen test, and critical congenital heart diseases test.
On the basis of product type the global newborn screening market is segmented into newborn disorder screening instruments, newborn hearing screening instruments, pulse oximeters, reagents and assay kits.
On the basis of disease the global newborn screening market is segmented into blood spot disease, hearing disability, sickle cells disease, critical congenital cardiac disease, thyroid disorder, and maple syrup disease.
On the basis of end-users the global newborn screening market is segmented into hospitals, ambulatory care, and nursing homes.
On the basis of geography, global newborn screening market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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Competitive Analysis: Global Newborn Screening Market
The global newborn screening market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of newborn screening market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors: Global Newborn Screening Market
Some of the major players operating in global newborn screening market are Danaher, GENERAL ELECTRIC, Medtronic, Bio-Rad Laboratories, Inc., Agilent Technologies, Masimo, Natus Medical Incorporated, WATERS, PerkinElmer Inc., Fanem Ltda., and Inspiration Healthcare Group plc, Mathematics Training and Talent Search Programme, National Oilwell Varco, PLUSS Advanced Technologies, BabyBloom Healthcare, FUJIFILM Holdings Corporation, ZenTech S.A., Trivitron Healthcare, SCIEX, Johnson & Johnson Services, Inc., Koninklijke Philips N.V. among others.
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