A new investigative report titled “Global Newborn Screening Market” has been added by Emergen and Research to its ever-expanding repository. The report provides a sophisticated analysis of the insightful data of the Newborn Screening industry that has been formulated based on thorough primary and secondary research. The details have further been validated and verified by the industry experts. The precise data offered by the report offers fruitful information about sales strategies to improve market performance
The advent of modern and innovative screening technologies, and subsequent drug approvals, is expected to have a positive effect on the Newborn screening industry. Also, the growing prevalence of congenital cardiac diseases and genetic disorders among New-borns is expected to propel the Newborn screening market. While the lack of parental awareness about neonatal screening, limited availability of qualified practitioners, and lack of accuracy in some of the tests are the key factors that can hinder the development of the Newborn screening market.
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The report offers a detailed analysis of the threats, opportunities, and competitive landscape of the industry. The report focuses on the key players of the Newborn Screening industry and provides comprehensive profiling of the players that includes Bio-Rad Laboratories Inc., Agilent Technologies Inc., Trivitron Healthcare, Natus Medical Inc., PerkinElmer Inc., AB Sciex LLC, Covidien Plc, Masimo Corp., GE Healthcare, and Waters Corp., among others.Furthermore, the report offers insights into the strategic business decisions undertaken by the key players to gain substantial market size and a leading global position. It sheds light on their production and manufacturing capacity, market size and share, revenue and gross margins, and business overview to offer a better understanding of the competitive landscape of the Newborn Screening sector. The report offers a detailed analysis of the industry competition on both regional and global levels.
Market Segmentation based on Types:
For the purpose of this report, Emergen Research has segmented the global Newborn Screening Market on the basis of Technology, Product, Application, and region:
Technology Outlook (Revenue, USD Billion; 2017-2027)
Tandem Mass Spectrometry
Pulse Oximetry
Enzyme Based Assay
DNA Assay
Electrophoresis
Others
Product Outlook (Revenue, USD Billion; 2017-2027)
Instruments
Reagents
Assay Kits
Others
Application Outlook (Revenue, USD Billion; 2017-2027)
Dry Blood Spot Test
Critical Congenital Heart Disease (CCHD)
Hearing Screen
Others
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Some Key Highlights from the Report
Based on the technology, electrophoresis generated a revenue of USD 0.15 billion in 2019 and is predicted to rise with a CAGR of 11.1% in the forecast period owing to the increasing demand and new detection techniques that assist in recognition of amino acids, carnitine conjugates, and other compounds.
The assay kits are expected to grow with a CAGR of 10.4% in the forecasted period, attributable to its wide variety of classes such as enzymatic assay kits, DNA assay kits, immunoassay kits, and others of which immunoassay is a process-oriented used in the screening.
The dry blood spot test application is the major contributor to the Newborn Screening Market. The dry blood spot test application of the North America region is the major shareholder of the market and held around 43.1% of the market in the year 2019.
North America dominated the market with a share of 34.7% in 2019 due to its adoption of cost-effective and innovative procedures.
Key questions addressed in the report:
Which of the leading market regions accounts for the highest global market share?
What is the current valuation of each region and the estimated remuneration over the forecast timeline?
What are the sales estimates for every regional segment in the Newborn Screening market over the projected period?
What is the projected growth rate likely to be demonstrated by each region in the global Newborn Screening market?
Regional Analysis:
The report also covers a comprehensive regional analysis to offer a panoramic view of the global Newborn Screening market. The regional analysis includes North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers production and consumption ratio, import/export analysis, supply and demand ratio, market size, market share, and revenue contribution of each region. The report also analyses the market share and market share of each key segment and sub-segment in each region and offers a detailed analysis of the key competitors operating in the region.
In conclusion, the report provides a qualitative and quantitative analysis of the Global Newborn Screening market, including the global and regional analysis of the market. The study covers critical information and factual data about the Newborn Screening industry, along with an in-depth statistical analysis of the market drivers, limitations, growth prospects, opportunities, and threats. On the basis of the current market scope, the report provides an extensive analysis of how the Newborn Screening market is expected to fare in the forecast timeline. The report utilizes advanced analytical tools to offer an estimation of the outlook of the global state of the Newborn Screening industry.
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