Newborn Screening Market Size Analysis, Industry Outlook, & Region Forecast, 2020-2027

The Global Newborn Screening Market is forecasted to reach USD 2.27 Billion by 2027, according to a new report by Emergen Research.

The Global Newborn Screening Market report by Emergen and Research in an all-encompassing analysis of the Newborn Screening market and offers a complete overview of the worldwide industry to predict market growth over the forecast period (2019-2027). The latest study performs the quantitative and qualitative assessment of the global market dynamics, taking into consideration a slew of factors, such as market penetration, product portfolios, pricing structure, end-user industries, and key drivers and constraints.

The report extensively analyzes the impact of the pandemic on the Newborn Screening market on a global as well as regional scale. Moreover, the report also takes into consideration the effect of the different restrictions imposed in different regions on the Newborn Screening industry and its key segments. It also offers a current and future impact analysis of the pandemic on the overall Newborn Screening market. considers the currently unfolding coronavirus pandemic as one of the key influencing factors. The report also offers a thorough analysis of the key market drivers and restraints that play a vital role in influencing the growth of the industry.

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Competitive Scenario

The competitive landscape and company profiles included in the report underscore the major players participating in the global Newborn Screening market and strategic initiatives undertaken by them for business expansion. The company profiles include information assessed by employing analytical tools like SWOT analysis of established and emerging players. A detailed supply chain and value chain analysis have also been entailed in the report, with a broad analysis of the market’s vendor landscape.

Leading Players Profiled in the Report Are:

Bio-Rad Laboratories Inc., Agilent Technologies Inc., Trivitron Healthcare, Natus Medical Inc., PerkinElmer Inc., AB Sciex LLC, Covidien Plc, Masimo Corp., GE Healthcare, and Waters Corp., among others.

Market Segmentation:

For imparting a deeper understanding of the Newborn Screening market, the market is further segmented into product types and applications. The report also offers projections for the market segment expected to garner traction during the forecast period.

For the purpose of this report, Emergen Research has segmented the global Newborn Screening Market on the basis of Technology, Product, Application, and region:

Technology Outlook (Revenue, USD Billion; 2017-2027)

Tandem Mass Spectrometry

Pulse Oximetry

Enzyme Based Assay

DNA Assay

Electrophoresis

Others

Product Outlook (Revenue, USD Billion; 2017-2027)

Instruments

Reagents

Assay Kits

Others

Application Outlook (Revenue, USD Billion; 2017-2027)

Dry Blood Spot Test

Critical Congenital Heart Disease (CCHD)

Hearing Screen

Others

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Key Features of the Global Newborn Screening Market:

The report offers a deep insight into the market with expert data insights from the industry experts and analysts

Dedicated focus on market growth and restraining factors

Thorough analysis of the market segments includes product types, application spectrum, technology, end-user, and other key segments

SWOT and Porter’s Five Forces analysis along with feasibility analysis and venture return analysis

Current and emerging market trends and growth prospects

A detailed market forecast spanning 8 years from 2020 to 2027

Key questions addressed in the report:

Which of the leading market regions accounts for the highest global market share?

What is the current valuation of each region and the estimated remuneration over the forecast timeline?

What are the sales estimates for every regional segment in the Newborn Screening market over the projected period?

What is the projected growth rate likely to be demonstrated by each region in the global Newborn Screening market?

Regional Analysis

The regional analysis of the Newborn Screening market mainly focuses on the key regions and regional market in North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. It evaluates the presence of the global Newborn Screening market in the major regions with regards to market share, market size, revenue contribution, sales network, and distribution channel, and other key elements. Furthermore, the regions are also studied to understand the operations of the key players located in the region.

Some Key Highlights from the Report

Based on the technology, electrophoresis generated a revenue of USD 0.15 billion in 2019 and is predicted to rise with a CAGR of 11.1% in the forecast period owing to the increasing demand and new detection techniques that assist in recognition of amino acids, carnitine conjugates, and other compounds.

The assay kits are expected to grow with a CAGR of 10.4% in the forecasted period, attributable to its wide variety of classes such as enzymatic assay kits, DNA assay kits, immunoassay kits, and others of which immunoassay is a process-oriented used in the screening.

The dry blood spot test application is the major contributor to the Newborn Screening Market. The dry blood spot test application of the North America region is the major shareholder of the market and held around 43.1% of the market in the year 2019.

North America dominated the market with a share of 34.7% in 2019 due to its adoption of cost-effective and innovative procedures.

In conclusion, the report provides a qualitative and quantitative analysis of the Global Newborn Screening market, including the global and regional analysis of the market. The study covers critical information and factual data about the Newborn Screening industry, along with an in-depth statistical analysis of the market drivers, limitations, growth prospects, opportunities, and threats. On the basis of the current market scope, the report provides an extensive analysis of how the Newborn Screening market is expected to fare in the forecast timeline. The report utilizes advanced analytical tools to offer an estimation of the outlook of the global state of the Newborn Screening industry.

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Thank you for reading our report. For further inquiries about the customization of the report or to know more details about it, please connect with us. Our team will make sure your report is designed as per your needs.

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