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Newborn Screening Market Is Anticipated To Touch USD 3.7 Billion At A CAGR Of 8.0% From 2023 To 2033 : GIS

12-27-2023 10:57 AM CET | Health & Medicine

Press release from: Global Insight Services

/ PR Agency: Global Insight Services
Newborn Screening Market Is Anticipated To Touch USD 3.7 Billion

The Newborn Screening Market has witnessed substantial growth due to its critical role in the early detection of congenital disorders and inherited diseases in newborns. This screening process involves the testing of infants shortly after birth to identify any underlying medical conditions that may not be apparent at birth. Newborn screening tests typically cover a range of metabolic, genetic, and developmental disorders, congenital hypothyroidism, cystic fibrosis, sickle cell disease, and others. Timely identification through newborn screening enables early intervention, prompt treatment, and management of these conditions, significantly improving health outcomes and preventing long-term complications or disabilities in affected infants.

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Key drivers fueling the growth of the newborn screening market include increasing awareness about the importance of early disease detection, advancements in screening technologies, and supportive government initiatives mandating newborn screening programs across various regions. Additionally, the expansion of newborn screening panels to include a broader spectrum of disorders and the development of innovative screening methods have bolstered the market's growth. As healthcare systems prioritize preventive care and early intervention, the newborn screening market is expected to continue its upward trajectory, ensuring improved health outcomes for newborns by enabling timely identification and management of congenital disorders and diseases.

Key Trends

A key trend in the Newborn Screening Market is the integration of advanced technologies, particularly molecular and genetic testing, to enhance the scope and precision of newborn screening programs. Traditional newborn screening methods typically focus on metabolic disorders, but advancements in genomic medicine now allow for the identification of a wider range of genetic conditions. Next-generation sequencing (NGS) and other molecular techniques enable simultaneous screening for multiple disorders, offering a more comprehensive and efficient approach. Additionally, the incorporation of tandem mass spectrometry and other high-throughput technologies enhances the accuracy of results.

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Key Drivers

A key driver propelling the Newborn Screening Market is the growing awareness of the critical role early detection and intervention play in preventing severe health complications and improving outcomes for newborns. Newborn screening programs have become an integral part of public health initiatives globally, with a focus on identifying congenital disorders and metabolic conditions that might not be apparent at birth. The increasing prevalence of genetic and metabolic disorders, coupled with advancements in screening technologies, has driven the expansion of newborn screening panels, allowing for the identification of a broader spectrum of conditions.

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Market Segmentation : Newborn Screening Market

Newborn Screening Market By Product : Instruments, Reagents

Newborn Screening Market By Technology : Tandem Mass Spectrometry, Pulse Oximetry, Enzyme Based Assay, DNA Assay, Electrophoresis, Others

Newborn Screening Market By Test Type : Dry Blood Spot Test, CCHD, Hearing Screen

Newborn Screening Market By Region : North America : US, Canada, Mexico, Europe : The UK, Germany, France, Italy, Spain, Netherlands, Switzerland, Asia-Pacific : China, India, Japan, South Korea, Australia, Singapore, Indonesia, Rest of Asia-Pacific, Rest of the World : Latin America, Middle East, Africa

Key Players :

PerkinElmer (US)
Demant A/S (Denmark)
Natus Medical (US)
Bio-Rad Laboratories (US)
Danaher Corporation (US)
Medtronic (Ireland)
Chromsystems Instruments & Chemicals GmbH (Germany)
Trivitron Healthcare (India)
Baebies (US)
Recipe Chemicals+Instruments (Germany)

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10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Excel data pack included with all report purchases
Robust and transparent research methodology

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Global Insight Services LLC
16192, Coastal Highway, Lewes DE 15998
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

About Global Insight Services :

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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