Newborn Screening Market will Exhibit a Promising 11.14% CAGR With Top Most Players Like Natus Medical Incorporated, Masimo, PerkinElmer, Covidien Ltd, Waters Corporation, Trivitron Healthcare

Market Overview:
A research study titled, “Newborn Screening Market By Product, Technology And Test- Global Industry Analysis And Forecast To 2023” published by Crystal Market Research, states that The Newborn Screening Market was worth USD 0.58 billion in 2014 and is expected to reach approximately USD 1.49 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 11.14% during the forecast period.

Market Outlook And Trends Analysis:
Developing neonatal populace base, rising instances of congenital diseases in newborns, ideal government programs and enactments, and technological progressions are foreseen to fill in as imperative drivers of the newborn screening market. Rising neonatal populace is one of the key market drivers. To avert this efforts are being taken by associations, for example, the WHO, CDC, Healthy Newborn Network, and so on, to instruct parents for the possible disorders and their indicative procedures. In expansion, government projects and enactments likewise make a positive domain to cultivate market development.

Eminent Players:
The leading players in the market are Natus Medical Incorporated, Masimo, PerkinElmer, Covidien Ltd, Waters Corporation, Trivitron Healthcare, Bio-Rad Laboratories, Wipro GE Healthcare Pvt Ltd and Applied Biosystems/MDS Sciex J.V.

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The Newborn Screening Market is segmented as follows-
By Product:
Reagents
Instruments

By Technology:
Pulse oximetry
DNA assay
Tandem mass spectrometry
Enzyme based assay
Electrophoresis
Others

By Test Type:
CCHD
Dry blood spot test
Hearing screen

Regional Outlook and Trend Analysis:
North America held the biggest share of the newborn screening market inferable from the developing predominance of congenital disorders and implemented testing in all the 50 conditions of the country. Newborn screening program is diligently followed in every one of the conditions of North America.

Asia Pacific is foreseen to witness lucrative development over the conjecture time frame because of, the existence of good medicinal services plans drafted by government organizations.

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Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
4.Market Analysis by Regions
4.1.North America (United States, Canada and Mexico)
4.1.1.United States Market States and Outlook (2014-2023)
4.1.2.Canada Market States and Outlook (2014-2023)
4.1.3.Mexico Market States and Outlook (2014-2023)
4.2.Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1.Germany Market States and Outlook (2014-2023)
4.2.2.France Market States and Outlook (2014-2023)
4.2.3.UK Market States and Outlook (2014-2023)
4.2.4.Russia Market States and Outlook (2014-2023)
4.2.5.Italy Market States and Outlook (2014-2023)
4.2.6.Rest of Europe Market States and Outlook (2014-2023)
4.3.Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1.China Market States and Outlook (2014-2023)
4.3.2.Japan Market States and Outlook (2014-2023)
4.3.3.Korea Market States and Outlook (2014-2023)
4.3.4.India Market States and Outlook (2014-2023)
4.3.5.Rest of Asia-Pacific Market States and Outlook (2014-2023)
4.4.South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1.Brazil Market States and Outlook (2014-2023)
4.4.2.Argentina Market States and Outlook (2014-2023)
4.4.3.Columbia Market States and Outlook (2014-2023)
4.4.4.Rest of South America Market States and Outlook (2014-2023)
4.5.Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1.Saudi Arabia Market States and Outlook (2014-2023)
4.5.2.UAE Market States and Outlook (2014-2023)
4.5.3.Egypt Market States and Outlook (2014-2023)
4.5.4.Nigeria Market States and Outlook (2014-2023)
4.5.5.South Africa Market States and Outlook (2014-2023)
4.5.6.Rest of MEA Market States and Outlook (2014-2023)
To be Continued...

Technology Outlook and Trend Analysis:
Tandem mass spectrometry (TMS) is a progressed logical instrument used as a part of the research facilities which can examine body liquids and other body contaminants. Tandem mass spectrometry ruled the general market in 2014 inferable from appeal because of cost adequacy, higher applicability and technological up gradation. Tandem spectroscopy (MS/MS) is foreseen to develop at a tremendous CAGR over the figure time frame, because of its high capacity in diagnosing a variety of conditions in a single procedure.

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Test Type Outlook and Trend Analysis:
Dry blood spot tests ruled the general newborn screening market representing more than 45.0% of income. The collection of blood from newborn’s heel area in 24-48 hours of birth on the screening card for analysis of more than 50 conditions is named as heel stick or dried blood spot test (DBS). These screening cards are labeled using different codes and contain no extra identity data. Critical Congenital Heart Disease (CCHD) is one of the normally happening issues, which is screened using the beat oximeter based technology.

Reason to Buy:
Highlights key business priorities in order to assist companies to realign their business strategies.

The key findings and recommendations highlight crucial progressive industry trends in the Newborn Screening Market, thereby allowing players to develop effective long term strategies.

Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

Scrutinize in-depth Global Newborn Screening Market trends and outlook coupled with the factors driving the market, as well as those hindering it.

Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

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This release was published on openPR.