According to Stratistics MRC, the Global Newborn Screening market is accounted for $495.50 million in 2015 and is expected to reach $1,307.65 million by 2022 growing at a CAGR of 12.9%.
Gaithersburg, Maryland, U.S. - November 16, 2016 /MarketersMedia/ —
In present scenario the Newborn baby is either being affected by the environmental conditions or born with some disorder, and hence the Newborn Screening market is helping out to detect those disorders. Recent technological advancements, government legislation & support, increasing awareness among people have given impetus to the market. However, Socio-Economic barriers and less trained professionals are some of the factors hindering the growth.
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Tandem Mass Spectrometry (TMS) segment is expected to account for highest CAGR, attributing to its time & cost effectiveness of the technology compared to other technologies available in this particular market. In addition to this, Dry Blood Spot Test type segment is expected to be the largest market owing to the technological advancements due to which new and advanced products are being launched in the market. North America is dominating the global market in order to the increasing prevalence of cardiovascular disorders and enforced testing. However, Asia Pacific is expected to present lenient growth, poised by the favorable healthcare.
Some of the key players of the Newborn Screening market include AB Sciex LLC, Agilent Technologies Inc., Bio-Rad Laboratories, Inc., Covidien PLC, GE Healthcare, GE Lifesciences, Masimo Corporation, Natus Medical Incorporated, Perkinelmer, Inc., Trivitron Healthcare and Waters Corporation.
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Product types Covered:
• Newborn Hearing Screening Instruments
o Hearing Screening Accessories
o Hearing Screening Devices
• Pulse Oximeters
• Newborn Disorder Screening Instruments
o Developmental
o Genetic
o Metabolic
• Reagents and Assay Kits
Technologies Covered:
• DNA-Based Assays
• Electrophoresis
• Hearing Screen Technology
• Immunoassays and Enzymatic Assays
• Pulse Oximetry Screening Technology
• Tandem Mass Spectrometry (TMS)
Test Types Covered:
• Critical Congenital Heart Diseases (CCHD) Test
• Dry Blood Spot Test
• Hearing Screen Test
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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