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Newborn Screening Market 2019 – Outlook by Growth Rate, Industry Size, Share, Top Key Players, and Development Factors Forecast to 2024

Newborn Screening

The “Newborn Screening Market” report 2019 delivers up-to-date information about market changes and prospective threats, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. Moreover, it focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

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Market Overview:

  • The newborn screening market is expected to register a CAGR of 9.0%, over the forecast period. Factors that are responsible for the growth of this market include growing newborn screening programs, rising incidences of congenital diseases, raising funding from government sectors for newborn screening, and advancements in technologies used in newborn screening.
  • Newborn screening represents one of the major child health advances of the past century, and there have been many advancements in the technologies used in newborn screening. The rapid pace of developments in the field of expanded newborn screening has been made possible, by technological advances in the ability to detect multiple compounds diagnostic of different inborn errors of metabolism in neonatal dried blood specimens. After the success of newborn screening in phenylketonuria, experts in this area are optimistic that further health benefits may rise in the future. Also, one of the most exciting and powerful advancements in this field is the commercialization of hybrid instruments. The manufacturers are focusing on the high sensitivity, resolution, throughput, and cost effectiveness to gain a foothold in the market. Hence, many companies have been influenced by emerging technologies, and have adopted many new clinical testing platforms for use. The examples include the use of tandem mass spectrometry (MS/MS) for amino acidopathies and organic acidurias, multi-marker HPLC testing for hemoglobinopathies, multi-analyte immunoassays for HIV, Hepatitis B, and C antibodies, as well as second-tier DNA-based assays that detect mutation panels, and next-generation sequencing technologies for cystic fibrosis and other disorders. The aforementioned factors are likely to drive the market, globally.
  • However, factors, such as the lack of uniformity of newborn screening policies and procedures, across the world, may hinder the market growth.

    Top Key Players of Newborn Screening Market Are:

  • AB Sciex
  • Agilent Technologies Inc.
  • Bio
  • Rad Laboratories Inc.
  • GE Healthcare
  • Masimo Corporation
  • Medtronic Inc.
  • Natus Medical Incorporated
  • PerkinElmer Inc.
  • Trivitron Healthcare
  • ZenTech SA

    Reasons to buy:

    • In-depth analysis of the market on the global and regional level.
    • Major changes in market dynamics and competitive landscape.
    • Segmentation on the basis of type, application, geography and others.
    • Historical and future market research in terms of size, share, growth, volume & sales.
    • Major changes and assessment in market dynamics & developments.
    • Industry size & share analysis with industry growth and trends.
    • Emerging key segments and regions
    • Key business strategies by major market players and their key methods.
    • The research report covers size, share, trends and growth analysis of the Newborn Screening Market on the global and regional level.

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    Scope of the Report:

  • Newborn screening is a preventive pediatric screening test conducted to diagnose congenital or inborn abnormalities of metabolism, in order to identify the disease. The early detection and appropriate standards of diagnosis and treatment can prevent death, and promote healthy development of an infant. The newborn screening market is driven by increase in the incidence of neonatal diseases, which leads to high demand for newborn screening tests.

    Newborn Screening market covers the outlook for overall market status, size and share. The report provides complete coverage on major industry drivers, restraints, and their impact on market growth during the forecast period. Newborn Screening market report also presents the market competition landscape and a corresponding detailed analysis of the major vendor in the market. 

    Key Market Trends:

    Dried Blood Spot is Expected to Hold the Major Revenue Share in the Test Type Segment

    Dried blood spot tests (DBS) are expected to continue their domination during the forecast period. DBS sampling has been used to screen newborn babies for congenital metabolic diseases, for over 50 years. Advantages of DBS sampling include minimal volume requirements (approximately 30 – 100 µL per spot), ease of sample attainment by finger or heel stick with minimal training required, and ease of transport and sample stability. Autism, lymphomas and leukemia, and many other metabolic conditions can be diagnosed through this test. Dried blood spot analysis offers the advantage of collecting a small sample volume, which is easily transported. Thus, rising diseases in the newborns are boosting the market growth.

    However, factors, such as the lack of uniformity of newborn screening policies and procedures across the world, and false positive and false negative results, may hinder the growth of the market.

    North America Dominates the Market and is Expected to do Same during the Forecast Period

    Currently, North America dominates the market for newborn screening, and is expected to continue its stronghold for a few more years. This is primarily due to the growing prevalence of congenital disorders and enforced testing in all the 50 states of the nation. In the North American region, the United States holds the largest market share. This can be majorly attributed to the increasing incidence rates of the disorders in the newborn and rising demand for advanced systems. The presence of a developed healthcare infrastructure is expected to further propel the market in the United States.

    Newborn Screening Market Report contents include:

    – Analysis of the Newborn Screening market including revenues, future growth, market outlook

    – Historical data and forecast

    – Regional analysis including growth estimates

    – Analyzes the end user markets including growth estimates.

    – Profiles on Newborn Screening including products, sales/revenues, and market position

    – Market structure, market drivers and restraints.

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    Detailed TOC of Newborn Screening Market Report Are:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Growing Newborn Screening Programs
    4.2.2 Rising Incidences of Congenital Diseases
    4.2.3 Rising Funding from Government Sectors for Newborn Screening
    4.2.4 Advancements in Technologies Used in Newborn Screening
    4.3 Market Restraints
    4.3.1 Lack of Uniformity of Newborn Screening Policies and Procedures, across the World
    4.3.2 False Positive and False Negative Results
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Product Type
    5.1.1 Device
    5.1.1.1 Pulse Oximeter
    5.1.1.2 Mass Spectrometer
    5.1.1.3 Hearing Screening Devices
    5.1.1.4 Laparoscope
    5.1.1.5 Retinoscope
    5.1.1.6 Ultrasound Machine
    5.1.2 Assay Kits
    5.2 By Test Type
    5.2.1 Dried Blood Spot
    5.2.2 Hearing Screening
    5.2.3 Critical Congenital Heart Defect (CCHD)
    5.2.4 Urine Test
    5.2.5 Other Test Types
    5.3 By End User
    5.3.1 Hospitals
    5.3.2 Diagnostic Centers
    5.3.3 Other End Users
    5.4 Geography
    5.4.1 North America
    5.4.1.1 United States
    5.4.1.2 Canada
    5.4.1.3 Mexico
    5.4.2 Europe
    5.4.2.1 Germany
    5.4.2.2 United Kingdom
    5.4.2.3 France
    5.4.2.4 Italy
    5.4.2.5 Spain
    5.4.2.6 Rest of Europe
    5.4.3 Asia-Pacific
    5.4.3.1 China
    5.4.3.2 Japan
    5.4.3.3 India
    5.4.3.4 Australia
    5.4.3.5 South Korea
    5.4.3.6 Rest of Asia-Pacific
    5.4.4 Middle East & Africa
    5.4.4.1 GCC
    5.4.4.2 South Africa
    5.4.4.3 Rest of Middle East & Africa
    5.4.5 South America
    5.4.5.1 Brazil
    5.4.5.2 Argentina
    5.4.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 AB Sciex
    6.1.2 Agilent Technologies Inc.
    6.1.3 Bio-Rad Laboratories Inc.
    6.1.4 GE Healthcare
    6.1.5 Masimo Corporation
    6.1.6 Medtronic Inc.
    6.1.7 Natus Medical Incorporated
    6.1.8 PerkinElmer Inc.
    6.1.9 Trivitron Healthcare
    6.1.10 ZenTech SA

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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