The Newborn Screening Market crossed the US$ 1.24 billion mark in 2022 and is expected to hit US$ 2.34 billion by 2030, recording a CAGR of 8.1% during the forecast period

According to the World Health Organization (WHO), India’s total population was 1,378.4 Mn in 2020, second in Asian counties after China. The birth rate of a newborn in India is approximately 17.377 births per 1,000 people annually. In 2021, or India, 67,385 babies are born daily, which is one-sixth of the world’s childbirths. Owing to high birth rates, government agencies in Brazil, China, India, and others are implementing newborn screening programs. For instance, In India, the government and policymakers recognized the importance of newborn screening, resulting in the program’s implementation in Kerala, Goa, and Chandigarh. In 2018, the Indian Council of Medical Research (ICMR) task force recommended newborn screening of congenital hypothyroidism (CH) and congenital adrenal hyperplasia (CAH) as CH is the most typical cause of preventable intellectual disability and CAH contributes greatly to both morbidity and death.

The Newborn Screening Market research report by Business Market Insights includes Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years. This study provides information about the sales and revenue during the historic and forecasted period of 2022 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the Newborn Screening market growth.

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Companies Profiled in this report includes: 

  • PerkinElmer
  • Demant A/S
  • Natus Medical
  • Bio-Rad Laboratories
  • Danaher Corporation
  • Medtronic
  • Chromsystems Instruments & Chemicals GmbH
  • Trivitron Healthcare
  • Baebies
  • Recipe Chemicals+Instruments

Recent strategic developments in the newborn screening market

The newborn screening market has undergone several significant developments, and a few of these have been mentioned below:

  • In Jan 2022, PerkinElmer, Inc., a global leader committed to innovating for a healthier world, announced that it will be providing the newborn screening assay for Parent Project Muscular Dystrophy’s (PPMD’s) Newborn Screening Pilot for Duchenne Muscular Dystrophy (Duchenne)
  • In September 2020, PerkinElmer received CE-IVD approval for the EONIS screening assay, which is used to screen SCID (severe combined immunodeficiency), SMA (spinal muscular atrophy), and XLA (X-linked agammaglobulinemia) in newborns
  • In May 2021, Baebies was awarded US$ 2.7 million in a Phase-II B SBIR grant from the National Heart, Lung and Blood Institute (NHLBI) of the National Institutes of Health (NIH) which supports validation, clinical evaluation, and FDA submission of a rapid test panel for near-patient heparin monitoring

The target audience for the report:

  • Government bodies, such as regulating authorities and policymakers
  • Venture capitalists, private equity firms, and start-up companies
  • End users
  • Research institutes, organizations, and consulting companies

Scope of the report:

In this report, the market has been segmented based on:

  • Product:
    • Reagents and Assay Kits
    • Instruments
  • Newborn Disorder Screening Instruments
  • Pulse Oximeters Market
  • Newborn Hearing Screening Instruments
  • Test Type:
    • Dry Blood Spot Test
    • Hearing Screen Test
    • Critical Congenital Heart Diseases (CCHD) Test
  • Technology:
    • Electrophoresis
    • Immunoassays and Enzymatic Assays
    • Tandem Mass Spectrometry (TMS)
    • DNA-Based Assays
    • Pulse Oximetry Screening Technology
    • Hearing Screen Technology Military & Defense
  • End User:
    • Hospitals
    • Diagnostic Centers
    • Others
  • Region:
    • North America
    • Europe
    • Asia Pacific
    • South & Central America
    • Middle East & Africa

The report offers in-depth assessment of the growth and other aspects of the Newborn Screening market in important regions. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2022 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.

Newborn Screening Market: Competitive Landscape

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, during the forecast period of 2022 to 2030.

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Major Key Points of Newborn Screening Market

  • Newborn Screening Market Overview
  • Newborn Screening Market Competition
  • Newborn Screening Market, Revenue and Price Trend
  • Newborn Screening Market Analysis by Application
  • Company Profiles and Key Figures in Newborn Screening Market
  • Market Dynamics
  • Methodology and Data Source

Leading market players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position is explained to help make a well-informed decision. Competitive landscape Newborn Screening market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.

NOTE: Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 analysis of markets and industries. Cordially get in touch for more details.

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