Press release
Newborn Screening Market to Reach Prominence, Expected to Hit $2.49 billion by 2030, Notes Meticulous Research®
[Redding, California] - Meticulous Research®, a leading provider of market intelligence solutions, forecasts a significant surge in the newborn screening market, projected to attain a valuation of $2.49 billion by 2030, boasting an anticipated CAGR of XX% during the forecast period from 2023 to 2030. The burgeoning neonatal population, coupled with governmental focus on bolstering newborn screening initiatives, and an upsurge in birth rates amidst rising incidences of neonatal disorders are prime catalysts propelling the market growth.Download Sample Copy: https://www.meticulousresearch.com/download-sample-report/cp_id=5367
Navigating Through the Impact of COVID-19 on the Newborn Screening Market
Newborn screening serves as a lifeline for neonates vulnerable to congenital diseases, enabling timely diagnosis and intervention. However, the COVID-19 pandemic wreaked havoc on global public health systems, leading to disruptions in newborn screening activities and facilities. Variants of the virus at different stages exacerbated challenges, including limited laboratory resources, shortage of skilled personnel due to infection risks, relocation, or quarantine, and supply chain disruptions within the healthcare domain.
Moreover, the pandemic-induced stringent measures resulted in delays in testing and shortages of essential kits and reagents. The market witnessed setbacks owing to lockdowns, restrictions, and supply chain disruptions. Nevertheless, as the situation stabilizes, the market is poised to regain momentum.
Speak to Analyst: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5367
Segmentation Insights
The global newborn screening market is meticulously analyzed across various segments, including product types, technologies, applications, end-users, and geographical regions:
Product Segment: Consumables, particularly assay kits and reagents, are anticipated to dominate the market owing to increased screening rates globally and recurrent usage.
Technology Segment: Immunoassays & enzymatic assays are expected to hold a significant market share due to their accuracy, quick diagnosis, and cost-effectiveness.
Application Segment: Inherited disorders are slated to command a large market share attributed to the high incidence rates among newborns.
End-user Segment: Hospitals are expected to lead the market owing to advanced healthcare infrastructure and a surge in childbirths.
Geographical Insights: North America is poised to hold the largest market share, followed by Europe, while Asia Pacific is anticipated to exhibit the highest CAGR during the forecast period.
Buy this Report: https://www.meticulousresearch.com/Checkout/28583854
Key Players
Prominent players shaping the landscape of the global newborn screening market include Thermo Fisher Scientific, Inc. (U.S.), ARCHIMED Group (France), PerkinElmer, Inc. (U.S.), Medtronic plc (Ireland), Trivitron Healthcare Pvt Ltd. (India), Bio-Rad Laboratories, Inc. (U.S.), Demant A/S (Denmark), Baebies, Inc. (U.S.), ZenTech s.a. (Belgium), and F. Hoffmann-La Roche AG (Switzerland).
About Us:
We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.
Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Newborn Screening Market to Reach Prominence, Expected to Hit $2.49 billion by 2030, Notes Meticulous Research® here
News-ID: 3394852 • Views: …
More Releases from Meticulous Research®
Nutraceutical Products Market: Growth Trends and Future Outlook to 2030| Meticul …
The nutraceutical products market is witnessing steady and significant growth, driven by a rising awareness of health, nutrition, and disease prevention. Between 2023 and 2030, the market is projected to expand at a compound annual growth rate of 7.8%, ultimately reaching a value of $691.87 billion by the end of the forecast period. This growth reflects a major shift in consumer mindset, as individuals increasingly seek products that offer both…
Global Feed Additives Market Outlook: Trends, Growth Drivers, and Regional Insig …
The way we feed our livestock is changing, and feed additives are at the heart of that transformation. Over the next decade, the global feed additives market is expected to surpass $51 billion, fueled by rising demand for meat and dairy products, concerns over animal health, and a push toward more sustainable farming practice. Farmers today are no longer just feeding animals they are strategically nourishing them to improve growth,…
Global Home Medical Equipment Market: Trends, Insights, and Forecast to 2030 | M …
The home medical equipment market is growing steadily and is projected to reach nearly $63 billion by 2030. These devices are designed to help people manage their health at home, allowing patients to remain independent while receiving the care they need. From respiratory devices to mobility aids, these products make it possible for individuals to maintain a better quality of life without relying entirely on hospital care. They are especially…
Global Membrane Filtration Technologies Market: Trends, Growth Drivers, and Regi …
The membrane filtration technologies market is steadily expanding, with expectations to hit $22.2 billion by 2030. Over the past few years, industries and municipalities alike have faced increasing pressure to manage water more efficiently. Water scarcity, environmental regulations, and operational needs have created a situation where traditional water treatment methods are no longer sufficient. Businesses are turning toward membrane filtration technologies as a solution that offers both reliability and precision.
Water…
More Releases for Newborn
Global Infant And Newborn Care Market Size by Application, Type, and Geography: …
According to Market Research Intellect, the global Infant And Newborn Care market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The infant and newborn care market is experiencing significant growth, propelled by increasing awareness among parents…
Newborn Screening Program Market Size Analysis by Application, Type, and Region: …
According to Market Research Intellect, the global Newborn Screening Program market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The market for newborn screening programs is steadily expanding as more people become aware of the need…
Indianapolis Newborn Photographer Captures Authentic and Memorable Newborn Momen …
WESTFIELD - Aleah Gregory Photography is a premier Indianapolis photographer specializing in maternity, newborn baby, and family portrait photography. Aleah Gregory values the safety and comfort of infants during photo sessions, avoiding artificial posing to capture authentic, cherished moments for families to treasure. Aleah Gregory Photography serves busy families across central Indiana.
Aleah Gregory's goal is simple: capture beautiful images that reflect each family's unique personality in a relaxed atmosphere. She…
Global NGS Newborn Genetic Testing /Screening Market
According to a new market research report published by Global Market Estimates, the Global NGS Newborn Genetic Testing /Screening Market is projected to grow at a CAGR of 17.5% from 2022 to 2027.
LifeCell International Pvt. Ltd, BGI, PerkinElmer Genomics, CENTOGENE N.V., CryoCell International, Fulgent Genetics, Igenomix, Veritas Intercontinental, GENEPATH, and MedGenome among others, are some key players in the NGS newborn genetic testing /screening market.
Browse 155 Market Data Tables…
Global NGS Newborn Genetic Testing/Screening Market
According to a new market research report published by Global Market Estimates, the Global NGS Newborn Genetic Testing/Screening Market is projected to grow at a CAGR value of 12.7% between 2022 and 2027. The NGS newborn genetic testing/screening market is driven mainly by the growing incidence of genetic disorders, the increasing adoption of NGS diagnostics, the growing incidence of newborn fatalities, and the rising investment in newborn testing facilities.
Browse 151…
Newborn Screening Market 2022: Top Regional Data, which are the top key players …
(Latest Industry Report 2022) Newborn Screening Market report provides a basic overview of the industry including definitions and classifications. The market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. The study provides a complex examination of the application, including a detailed cost assessment analysis of the products available in the global market with respect to the profit margins of established…
