The research report provides an in-depth evaluation of the Global Newborn Screening market drivers and restraints Market and helps the market participants intensify their footprints in the industry. The report gives a detailed analysis concentrated on the critical market dynamics such as drivers, restraints, trends, and growth opportunities to assist businesses to prepare for any challenges they might encounter in the forecast period.
Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
The Global Newborn Screening Market is forecasted to reach USD 2.27 Billion by 2027, according to a new report by Emergen Research. Newborn screening tests in infants check for developmental, metabolic, and genetic abnormalities. Newborn screening includes more than 30 illnesses and conditions. Additionally, various governmental and non-profit agencies are primarily focusing on providing quality fetal and maternal care. Besides, the industry is expected to experience a boost in demand due to the involvement of federal bodies involved in coordinating awareness and quality control programs to imbibe confidence and low the number of deaths caused by negligence and non-screening. New treatments such as enzyme replacement therapy, hematopoietic stem cell transplant, gene therapy, and novel therapeutic drugs have allowed the inclusion of autoimmune disorders as possible candidates in NBS programs.
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The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Newborn Screening market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.
Key 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.,E. Healthcare, Waters Corp.
The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Newborn Screening market expected to boost the growth of the industry in the coming years.
Newborn Screening Market Segmentation:
-
Technology Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)
- Tandem Mass Spectrometry
- Pulse Oximetry
- Enzyme Based Assay
- DNA Assay
- Electrophoresis
- Others
-
Product Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)
- Instruments
- Reagents
- Assay Kits
- Others
-
Application Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)
- Dry Blood Spot Test
- Critical Congenital Heart Disease (CCHD)
- Hearing Screen
- Others
Key Questions Answered in the Report:
What is the growth rate of the Newborn Screening market? What is the anticipated market valuation of Newborn Screening industry by 2027?
What are the key growth driving and restraining factors of the Newborn Screening market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Newborn Screening industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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