Newborn Screening Equipment Market Exhibits a Lucrative Growth Potential during 2020-2025 | Global Key Vendors – GE, Bio-Rad, Agilent, Natus Medical, Covidien, Trivitron Healthcare

A market study ”Global Newborn Screening Equipment Market” examines the performance of the Global Newborn Screening Equipment Market 2020. It encloses an in-depth Research of the Newborn Screening Equipment Market state and the competitive landscape globally. This report analyzes the potential of Newborn Screening Equipment Market in the present and the future prospects from various angles in detail.

Overview of Global Newborn Screening Equipment Market:

This report studies the Global Newborn Screening Equipment Market over the forecast period of 2020 to 2025. The Global Newborn Screening Equipment Market is expected to grow at an impressive Compound Annual Growth Rate (CAGR) from 2020 to 2025.

Major key factors driving the growth of the Global Newborn Screening Equipment Market are increasing neonatal population base, rapid growth in the cases of congenital diseases in newborns, favorable government programs & legislations, and technological advancements. Furthermore, Investment by the private sector in newborn screening programs in developing countries and partnerships of private investors with hospitals and diagnostic centers are projected to offer growth opportunities to the Newborn Screening Equipment Market in developing countries with large population.

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The Global Newborn Screening Equipment Market is segmented on the basis of Type, Application and Region. Based on the Type, the Global Newborn Screening Equipment Market is sub-segmented into Phenylketonuria (PKU), Sickle cell disease, MCAD deficiency, Tyrosinemia and others. On the basis of Application, the Global Newborn Screening Equipment Market is classified into Hospitals, Clinics, Local health departments, Government agencies, International organizations and others.

In terms of the geographic analysis, The Newborn Screening Equipment Market in North America is expected to grow at the highest CAGR during the forecast period. Moreover, the presence of major players in the Newborn Screening Equipment Market ecosystem results in the increasing adoption of these systems in North America.

Global Newborn Screening Equipment Market Objectives:

1 To provide detailed information regarding key factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the Newborn Screening Equipment Market

2 To analyze and forecast the size of the Newborn Screening Equipment Market, in terms of value and volume

3 To analyze opportunities in the Newborn Screening Equipment Market for stakeholders and provide a competitive landscape of the market

4 To define, segment, and estimate the Newborn Screening Equipment Market based on deposit type and end-use industry

5 To strategically profile key players and comprehensively analyze their market shares and core competencies

6 To strategically analyze micromarkets with respect to individual growth trends, prospects, and contribution to the total market

7 To forecast the size of market segments, in terms of value, with respect to main regions, namely, Asia Pacific, North America, Europe, the Middle East & Africa, and South America

8 To track and analyze competitive developments, such as new product developments, acquisitions, expansions, partnerships, and collaborations in the Newborn Screening Equipment Market

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Top Leading Key Manufacturers are: Agilent Technologies, Natus Medical, Covidien, Trivitron Healthcare, GE Healthcare, Masimo Corp, AB Sciex, Waters Corp, PerkinElmer, Bio-Rad Laboratories and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.

International Medical Industry News:

Bio-Rad Laboratories (May 04, 2020) - Bio-Rad Receives FDA Emergency Use Authorization for Droplet Digital PCR SARS-CoV-2 Test Kit - Bio-Rad Laboratories Inc., a global leader of life science research and clinical diagnostic products, today announced that its SARS-CoV-2 Droplet Digital PCR (ddPCR) test kit has been granted Emergency Use Authorization (EUA) by the U.S. Food and Drug Administration (FDA). The SARS-CoV-2 Droplet Digital PCR (ddPCR) test runs on Bio-Rad's QX200 and QXDx ddPCR systems.

The high sensitivity of the test makes it well suited to screening upper respiratory samples in patients with a low viral load, including individuals in the early stages of infection as compared to classical quantitative PCR tests. The test can also play an important role in surveillance by detecting minimal residual disease in people recovering from COVID-19 informing them if they are negative for the virus. Bio-Rad’s single-well SARS CoV-2 ddPCR test provides clinicians with a high degree of sensitivity that can significantly improve the accuracy of reported results.

According to the World Health Organization, regular, accurate testing of COVID-19 is a key component in the fight against the global pandemic.

"We are pleased to receive Emergency Use Authorization for our SARS-CoV-2 ddPCR test that offers high sensitivity in detecting infection of COVID-19 at an early stage," said Simon May, Senior Vice President of Bio-Rad’s Digital Biology Group. "We believe the test will be a powerful complement to current diagnostics, helping clinicians and public health officials accurately identify infected individuals in a timely manner. With the EUA, our test is now available to clinical labs in the U.S.," he said.

Thousands of hospitals and molecular testing labs in the U.S. and around the world have Bio-Rad’s QX200 and QXDx ddPCR systems installed and have the capacity to perform SARS-CoV-2 ddPCR testing. The SARS-CoV-2 ddPCR test represents the latest addition to Bio-Rad’s product offerings related to COVID-19. This is the second EUA Bio-Rad has been granted for COVID-19. Last week, the company received an EUA for a serology test to detect antibodies to the virus.

Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Newborn Screening Equipment in these regions, from 2013 to 2025 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America

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Major Points in Table of Contents:

Global Newborn Screening Equipment Market Report 2020

1 Newborn Screening Equipment Product Definition

2 Global Newborn Screening Equipment Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Newborn Screening Equipment Shipments

2.2 Global Manufacturer Newborn Screening Equipment Business Revenue

2.3 Global Newborn Screening Equipment Market Overview

2.4 COVID-19 Impact on Newborn Screening Equipment Industry

3 Manufacturer Newborn Screening Equipment Business Introduction

3.1 Agilent Technologies Inc. Newborn Screening Equipment Business Introduction

3.2 Natus Medical Inc. Newborn Screening Equipment Business Introduction

3.3 Covidien Plc Newborn Screening Equipment Business Introduction

3.4 Trivitron Healthcare Newborn Screening Equipment Business Introduction

3.5 GE Healthcare Newborn Screening Equipment Business Introduction

3.6 Masimo Corp. Newborn Screening Equipment Business Introduction

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