Press release
Demand For Newborn Screening Consumables To Expand Impressively, Growing At Approximately 8% CAGR Through 2031
The global newborn screening market is likely to be valued at US$ 520 Million in FY 2022, up from US$ 480 Million in 2021.Where necessary, this research's data is presented in the form of charts, tables, and maps to make it easier to read. Based on the growth rate, macroeconomic factors, consumer purchasing trends, and market demand and supply scenarios, this market research report estimates the market potential for each geographical area. In order to gain a competitive edge during the forecast period, the market report was specifically created with customer needs in mind.
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Keyword Market Segmentation
By Region
• North America
• Europe
• East Asia
• South Asia
• Latin America
• Oceania
• Middle East & Africa
By Technology
• Newborn Immunoassays & Enzymatic Screening Tests
• Tandem Mass Spectrometry
• Molecular Assays
• Newborn Hearing Screening Technologies
• Pulse Oximetry
• Other Newborn Screening Technologies (Fluorescence, Gel Electrophoresis, etc.)
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Key Companies
• PerkinElmer
• Demant A/S
• Natus Medical Inc.
• Bio-Rad Laboratories
• Danaher Corporation
• Medtronic Plc.
• Chromsystems Instruments & Chemicals GmbH
• Trivitron Healthcare
• Babieses
• RECIPE Chemicals + Instruments GmbH
Newborn Screening Providers are Foraying into Emerging Markets
Newborn screening providers are foraying into emerging markets as the demand for newborn screening services continues to grow. With the increasing prevalence of genetic disorders, more parents are seeking out newborn screening services to ensure their child's health and well-being. Newborn screening providers are now offering their services in countries such as India, China, and Brazil, where the demand for these services is high. These providers are also offering their services in more remote areas of the world, such as Africa and South America. By expanding into these markets, newborn screening providers are able to reach a larger population of parents who may not have access to these services otherwise. Additionally, by providing their services in emerging markets, newborn screening providers can help reduce the burden of genetic disorders on families and communities.
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