Newborn Screening Testing Market Future Prediction Report By 2028

Newborn testing for newborn is caried out to diagnose serious medical condition. Newborn screening is performed to test certain harmful or potentially fatal disorders that are not apparent at the time of birth. These testing practices include blood test, hearing screening, pulse oximetry and others. These screening tests enable health professionals to identify and treat certain conditions which help an infant to grow up healthy with normal development.
The report presents the market competitive landscape and consistent in-depth analysis of the major vendor/key players in the market along with the impact of economic slowdown due to COVID.

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The growth of the global newborn screening testing market can be attributed to factors such as increase in number of congenital disease cases in newborns, growing government initiatives to increasing awareness regarding neonatal hereditary diseases and rising demand for early disease detection tests across the globe. Moreover, increase in number of neonatal diseases such as newborn hearing loss, congenital hypothyroidism and growing number of newborn screening programs worldwide are likely to add novel opportunities for the global newborn screening testing market over the forecast period.

Competitive Landscape: Newborn Screening Testing Market:
• Medtronic
• Bio-Rad Laboratories, Inc.
• PerkinElmer
• Trivitron Healthcare
• Natus Medical Incorporated
• ZenTech S.A.
• Masimo
• GENERAL ELECTRIC COMPANY
• AB Sciex Pte. Ltd.
• CENTOGENE N.V.

The newborn screening testing market is segmented based on technology, test type and end user. On the basis of technology, the market is segmented into tandem mass spectrometry, pulse oximetry, enzyme-based assays, DNA assays, and other technologies. By test type, the market is segmented into dried blood spot hearing screening, critical congenital heart defect (CCHD), other test types. On the basis of end user, the market is segmented into, hospitals, diagnostic centers, other end users.

The report analyzes factors affecting newborn screening testing market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social, and technological factors effecting the newborn screening testing market in these regions.

The Key Highlights of the Report:
• Estimates on market size by key regions/countries, product type and application, history data to 2028, and forecast to 2028.
• The structure of global Newborn Screening Testing market by identifying its various sub-segments
• Analysis of the value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
• Detailed information about the key factors influencing the growth of the market including growth potential, opportunities, drivers, industry-specific challenges and risks.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

This release was published on openPR.