Newborn Screening Market: Drivers & Challenges, Impact of COVID-19, Key Industry Players | General Electric Company,, PerkinElmer Inc., Sciex, Trivitron Healthcare, Waters

Newborn Screening Market” study by “The Insight Partners” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years. This Report encloses comprehensive analysis on the market and market data validated by three approaches including top companies’ revenues. It concludes with precise and authentic market estimations considering all the parameters and market dynamics. Every crucial and decisive detail for the development and restriction of the market is mentioned in the report that may affect the market in near future. Segmentation of the market are studied specifically to give profound knowledge for supplementary market investments.

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Newborn screening is the testing for newborn who act like normal but have a 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.
Companies Mentioned:

  • General Electric Company,
  • PerkinElmer Inc.
  • Sciex
  • Trivitron Healthcare
  • Waters
  • Bio-Rad Laboratories, Inc.
  • Agilent Technologies
  • Masimo
  • Natus Medical Incorporated
  • Zentech S.A.

Segmentation Analysis:

On the basis of product, the market is segmented into reagents & assay kits and instruments. The instruments segment is further segmented into newborn disorder screening instruments, pulse oximeters and newborn hearing screening instruments. The test type segment for newborn screening market is classified as dry blood spot test, hearing screen test and critical congenital heart diseases (CCHD) test. The technology segment is classified as electrophoresis, immunoassays & enzymatic assays, tandem mass spectrometry (TMS), DNA-based assays, pulse oximetry screening technology and hearing screen technology. Based on end user, the newborn screening market is classified as hospitals, diagnostic centers and others.

The growth of the global newborn screening 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 market over the forecast period.

The report Newborn Screening Market gives varied description about the segmentation of the market on the basis of segmented type, application and region, and leads with a descriptive structure of the trends and restrictions of the various segments and sub segments. It also provides the market size and estimates a forecast from the year 2020 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The report also provides exhaustive PEST analysis for all five regions after evaluating political, economic, social and technological factors effecting the Newborn Screening market.

Key Elements that the report acknowledges:

  • Market size and growth rate during forecast period.
  • Key factors driving the “Newborn Screening ” market.
  • Key market trends cracking up the growth of the “Newborn Screening ” market.
  • Challenges to market growth.
  • Key vendors of “Newborn Screening ” market.
  • Detailed SWOT analysis.
  • Opportunities and threats faces by the existing vendors in Global “Newborn Screening ” market.
  • Trending factors influencing the market in the geographical regions.
  • Strategic initiatives focusing the leading vendors.
  • PEST analysis of the market in the five major regions.

The report facilitates in determining and interpreting the key market players, portfolios with necessary information such as company profiles, components and services offered, financial information of past few years, key developments in past few years, that helps in constructing strategies to gain competitive advantage in the long run. The report also analyzes factors affecting Newborn Screening market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.

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