Newborn Screening Testing Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Newborn testing for newborn is caried out to diagnose serious medical condition. Newborn screening is performed to test certain harmful or potentially fatal disorders that are not apparent at the time of birth. These testing practices include blood test, hearing screening, pulse oximetry and others. These screening tests enable health professionals to identify and treat certain conditions which help an infant to grow up healthy with normal development.

MARKET DYNAMICS

The growth of the global newborn screening testing market can be attributed to factors such as increase in number of congenital disease cases in newborns, growing government initiatives to increasing awareness regarding neonatal hereditary diseases and rising demand for early disease detection tests across the globe. Moreover, increase in number of neonatal diseases such as newborn hearing loss, congenital hypothyroidism and growing number of newborn screening programs worldwide are likely to add novel opportunities for the global newborn screening testing market over the forecast period.

MARKET SCOPE

The "Newborn Screening Testing Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of newborn screening testing market with detailed market segmentation by technology, test type and end user. The newborn screening testing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in newborn screening testing market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The newborn screening testing market is segmented based on technology, test type and end user. On the basis of technology, the market is segmented into tandem mass spectrometry, pulse oximetry, enzyme-based assays, DNA assays, and other technologies. By test type, the market is segmented into dried blood spot hearing screening, critical congenital heart defect (CCHD), other test types. On the basis of end user, the market is segmented into, hospitals, diagnostic centers, other end users.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the newborn screening testing market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The newborn screening testing market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting newborn screening testing market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social, and technological factors effecting the newborn screening testing market in these regions.

Newborn Screening Testing Market Report Analysis

Newborn Screening Testing Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• Medtronic
• Bio-Rad Laboratories, Inc.
• PerkinElmer
• Trivitron Healthcare
• Natus Medical Incorporated
• ZenTech S.A.
• Masimo
• GENERAL ELECTRIC COMPANY
• AB Sciex Pte. Ltd.

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Technology

• Tandem Mass Spectrometry
• Pulse Oximetry
• Enzyme-Based Assays
• DNA Assays
• Other Technologies

By Test Type

• Dried Blood Spot Hearing Screening
• Critical Congenital Heart Defect
• Other Test Types

By End User

• Hospitals
• Diagnostic Centers
• Other End Users

MARKET PLAYERS

The report covers key developments in the newborn screening testing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from newborn screening testing market are anticipated to have lucrative growth opportunities in the future with the rising demand for newborn screening testing market in the global market. Below mentioned is the list of few companies engaged in the newborn screening testing market.

The report also includes the profiles of key players in newborn screening testing market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   Medtronic
  
•   Bio-Rad Laboratories, Inc.
  
•   PerkinElmer
  
•   Trivitron Healthcare
  
•   Natus Medical Incorporated
  
•   ZenTech S.A.
  
•   Masimo
  
•   GENERAL ELECTRIC COMPANY
  
•   AB Sciex Pte. Ltd.
  
•   CENTOGENE N.V.
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.

Newborn Screening Testing Report Scope