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Global Newborn Screening Market 2021 is expected to register a CAGR of 9%, during forecast period with Impact of Covid 19 Analysis

Newborn

Global “Newborn Screening Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Newborn Screening in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Newborn Screening Market report categorizes the market based on manufacturers, regions, type, and application. Newborn Screening Market reports offer a detailed assessment of the Newborn Screening including enabling technologies, current market situation, market assumptions, restraining factors.

The Global Newborn Screening market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.

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The global newborn screening market is expected to register a CAGR of 9.0% during the forecast period, 2018 to 2023. North America dominates the market, due to growing awareness regarding newborn screening in the region.

Technological Advancements

The rapid pace of developments in the field of expanded newborn screening has been made possible through technological advancement in the devices and kits. This enables the detection of multiple compounds in the diagnosis of diverse inborn errors of metabolism in the neonatal dried blood specimens. After the success of newborn screening in phenylketonuria, major competitors in this field have continued to develop and introduce new models with significant performance improvements, which is likely to drive the market. Additionally, growing newborn screening programs worldwide, rising incidences of congenital diseases, and rising funding from government sectors are likely to surge the market growth of newborn screening market globally.

False Positives & False Negatives

Newborn screening tests are only the screening tests and not confirmatory tests. According to a survey, screening tests can have a higher margin of error and be less valid than diagnostic tests, but they should have a very low false negative rate. It is estimated that, on the expanded newborn screening panel, only about one in fifty of every positive new-born screening test detects actual disease. It is also noted that the average rate of false positives can vary widely, and it depends on the conditions tested. One in ten positive tests for cystic fibrosis is a true positive result, while one in 100 or one in 200 positive tests for congenital adrenal hyperplasia is a true positive result. The unreliability of few newborn screening tests and lack of uniformity of newborn screening policies and procedures, across the globe, is likely to impede the growth of the market.

North America to Dominate the Market

North America is expected to hold the largest share of the newborn screening market during the forecast period, due to growing awareness regarding newborn screening tests. For instance, in the United States, over 4,000,000 screenings are performed annually.
In the United States, both federal and state governments make policies governing newborn screening, which is augmenting the demand for newborn screening tests in the region.

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The global Newborn Screening market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.

Newborn Screening Market Report covers the Top Key-players in 2021:-

  • Ab Sciex Pte Ltd
  • Agilent Technologies
  • Bio-Rad Laboratories
  • Inc.
  • GE Healthcare
  • Masimo Corporation
  • Medtronic
  • Natus Medical Incorporated
  • Perkinelmer
  • Inc.
  • Trivitron Healthcare
  • Zentech S.A

Highlighted points of Newborn Screening Market Size:

  • Covers the varying market dynamics of the industry.
  • In-depth analysis of market risks, opportunities, limitations, and growth of the market.
  • Includes market driving and restraining factors.
  • Participants profiles along with product description, overview, and business data.
  • Include details of five years of forecast analysis by types, regions, and applications.

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This Newborn Screening Market Research/analysis Report Contains Answers to your following Questions

  • Which Manufacturing Technology is Used for Newborn Screening? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Newborn Screening Market? What’s Their Company Profile, Their Product Information, Contact Information?
  • What Was Global Market Status of Newborn Screening Market? What Was Capacity, Production Value, Cost and PROFIT of Newborn Screening Market?
  • What Is Current Market Status of Newborn Screening Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Newborn Screening Market by Taking Applications and Types in Consideration?
  • What Are Projections of Global Newborn Screening Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
  • What Is Newborn Screening Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Newborn Screening Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Newborn Screening Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Newborn Screening Industry?

Key Developments in the Newborn Screening Market:

  • February 2018: Masimo Corporation received CE marking of Eve™, a Critical Congenital Heart Disease (CCHD) newborn screening application, for the Rad-97™ Pulse CO-Oximeter.
  • February 2017: The US Food and Drug Administration (FDA) permitted marketing of the Seeker System for the screening of four, rare Lysosomal Storage Disorders (LSDs) in newborns.

    Reasons to Purchase the Report

  • Current and future global newborn screening market outlook in the developed and emerging markets
  • Analysis of various perspectives of the market with the help of Porter’s five forces analysis
  • The segment that is expected to dominate the market
  • Regions that are expected to witness the fastest growth during the forecast period
  • Identify the latest developments, market shares, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet (in Excel)

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    Finally, the report Global Newborn Screening Market 2021 describes the Newborn Screening industry expansion game plan, the Newborn Screening industry knowledge supply, appendix, analysis findings, and the conclusion.

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