Global Newborn Screening Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product Type;

Equipment - Pulse Oximeter, Mass Spectrometer, Hearing Screening Devices, Laparoscope, Retinoscope, Ultrasound Machine and Others, Reagents & Assay Kits.

By Test Type;

Dried Blood Spot, Hearing Screening, Critical Congenital Heart Defect (CCHD), Urine Test and Others.

By End User;

Hospitals, Maternity & Specialty Clinics and Diagnostic Centers.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn104403273 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Newborn Screening Market (USD Million), 2020 - 2030

In the year 2023, the Global Newborn Screening Market was valued at USD 10,439.83 million. The size of this market is expected to increase to USD 20,461.08 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 10.1%.

The global newborn screening market is a critical component of pediatric healthcare, aimed at identifying genetic, metabolic, hormonal, and functional disorders in newborns. This screening process typically occurs within the first few days of a baby's life, enabling early detection and intervention, which can significantly improve health outcomes and quality of life. With advancements in technology and an increasing understanding of genetic disorders, the newborn screening market has witnessed substantial growth in recent years.

One of the primary drivers of this market's expansion is the rising prevalence of genetic disorders worldwide. Disorders such as phenylketonuria (PKU), cystic fibrosis, and congenital hypothyroidism are among those routinely screened for during newborn screening. Additionally, the growing awareness among healthcare providers and parents about the importance of early diagnosis and treatment has fueled the demand for newborn screening services.

Technological innovations have revolutionized the newborn screening process, making it more efficient, accurate, and cost-effective. The development of advanced screening techniques, including tandem mass spectrometry, DNA sequencing, and multiplexed screening assays, has enabled the simultaneous detection of multiple disorders from a single blood sample. These technological advancements have streamlined the screening process, reducing turnaround times and enhancing diagnostic accuracy.

The newborn screening market is also benefiting from supportive government initiatives and policies aimed at expanding screening programs globally. Many countries have implemented mandatory newborn screening programs, while others offer financial incentives and subsidies to encourage screening uptake. Moreover, collaborations between healthcare organizations, research institutions, and industry players are driving research and development efforts to further enhance screening technologies and expand the range of disorders screened. As a result, the global newborn screening market is expected to continue its growth trajectory, ensuring early detection and intervention for an increasing number of newborns worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Test Type
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Newborn Screening Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements
        2. Rising birth rates
        3. Government initiatives
        4. Increasing awareness among parents
      2. Restraints
        1. High cost of screening
        2. Lack of infrastructure in and income
        3. Cultural and social barriers
        4. Limited accessibility in rural areas
      3. Opportunities
        1. High cost of screening
        2. Lack of infrastructure in and income
        3. Cultural and social barriers
        4. Limited accessibility in rural areas
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Newborn Screening Market, By Product Type, 2020 - 2030 (USD Million)
      1. Equipment
        1. Pulse Oximeter
        2. Mass Spectrometer
        3. Hearing Screening Devices
        4. Laparoscope
        5. Retinoscope
        6. Ultrasound Machine
        7. Others
      2. Reagents & Assay Kits
    2. Global Newborn Screening Market, By Test Type, 2020 - 2030 (USD Million)
      1. Dried Blood Spot
      2. Hearing Screening
      3. Critical Congenital Heart Defect (CCHD)
      4. Urine Test
      5. Others
    3. Global Newborn Screening Market, By End User, 2020 - 2030 (USD Million)
      1. Hospitals
      2. Maternity & Specialty Clinics
      3. Diagnostic Centers
    4. Global Newborn Screening Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. PerkinElmer Inc
      2. Bio-Rad Laboratories, Inc
      3. Trivitron Healthcare
      4. Natus Medical Incorporated
      5. Waters Corporation
      6. Agilent Technologies, Inc
      7. GE Healthcare
      8. Thermo Fisher Scientific Inc
      9. Baebies, Inc
      10. BioMérieux SA
  7. Analyst Views
  8. Future Outlook of the Market

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