Global Newborn Screening Market Will Reach USD 739 million By 2028: Zion Market Research
global newborn screening market was approximately USD 739 mn in 2018 and is expected around USD 1,584 mn by 2025, at a CAGR of 11.5% between 2019 and 2025.
Global newborn screening market expected to generate around USD 1,584 million by 2025, at a CAGR of around 11.5% between 2019 and 2025. The growing base of neonatal population, increasing cases of con”
SUITE N202, FLORIDA, UNITED STATES, September 15, 2022 /EINPresswire.com/ -- Zion Market Research has published a new report titled โNewborn Screening Market by Product (Instruments and Assay Kits and Reagents), by Screening Test (Dry Blood Spot Test, Critical Congenital Heart Disease, Hearing Screen, Urine Test, and Other Tests), and by End-User (Hospitals, Clinics, and Diagnostic Centers): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018โ2025โ. According to the report, the global newborn screening market was approximately USD 739 million in 2018 and is expected to generate around USD 1,584 million by 2025, at a CAGR of around 11.5% between 2019 and 2025.— Zion Market Research
The growing base of neonatal population, increasing cases of congenital diseases, favorable government policies, and technological advancements are likely to aid the global newborn screening market growth. World population meter reported more than 88 billion babies were born in 2015, i.e., around 250 births every minute. Out of these, more than 2.8 million newborns died within a few months of their birth due to the absence of screening and skilled childcare. Thus, to prevent this number from rising, efforts are being made by organizations like CDC, WHO, Healthy Newborn Network, etc., to educate parents about possible diagnostic procedures and birth disorders.
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The demand for these screening procedures is likely to be influenced by the growing paranoia of parents, the introduction of new screening technologies, and convenience of new treatment options that enable the diagnosis of more than 29 possible disorders, such as galactosemia (GS), phenylketonuria (PKU), hearing disorders, etc.
By product, the market for newborn screening is divided into instruments and assay kits and reagents. The instruments segment is further classified into pulse oximeter, mass spectrometer, hearing screening devices, laparoscopes, retinoscopes, ultrasound machines, and others. Mass spectrometers are likely to hold major market share in the future, owing to their increased function in diagnosing various conditions in a single procedure. Federal agencies are promoting mandatory testing of 50 conditions, which can be easily screened via mass spectrometers.
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On the basis of the screening test, the newborn screening market is fragmented into critical congenital heart disease, dry blood spot test, hearing screen, urine test, and other tests. The dry blood spot test is likely to showcase a high growth rate in the years ahead. The blood collected from a newbornโs heel within 48 hours of birth on the screening card for diagnosis of more than 50 conditions is termed as dried blood spot test (DBS) or heel stick. Lymphomas, autism, leukemia, and other metabolic conditions can be analyzed through this test. The card used for this test is provided free of cost in North America, under the plan to promote higher procedural volume.
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Based on end-user, the newborn screening market is divided into hospitals, clinics, and diagnostic centers. Hospitals dominated the market, in terms of revenue, in 2018. Investments made by private sectors in newborn screening programs and growing partnerships of private investors with diagnostic centers and hospitals are likely to offer new growth opportunities for newborn screening market in developing countries with a large population base.
North America dominated the global newborn screening market in 2018, due to enforced testing and increasing prevalence of congenital disorders in 50 regional states. Newborn screening program and tests are thoroughly followed in all the North American states. As per the CDC, in 2014, around four million babies annually are screened for various congenital conditions.
Some leading players operating in the global newborn screening market are Bio-Rad Laboratories, GE Healthcare, Thermo Fisher Scientific, Agilent Technologies, ZenTech, Trivitron Healthcare, PerkinElmer, Natus Medical, MP Biomedicals, and Medtronic.
Browse the full โ๐๐๐ฐ๐๐จ๐ซ๐ง ๐๐๐ซ๐๐๐ง๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ (๐๐ง๐ฌ๐ญ๐ซ๐ฎ๐ฆ๐๐ง๐ญ๐ฌ ๐๐ง๐ ๐๐ฌ๐ฌ๐๐ฒ ๐๐ข๐ญ๐ฌ ๐๐ง๐ ๐๐๐๐ ๐๐ง๐ญ๐ฌ), ๐๐ฒ ๐๐๐ซ๐๐๐ง๐ข๐ง๐ ๐๐๐ฌ๐ญ (๐๐ซ๐ฒ ๐๐ฅ๐จ๐จ๐ ๐๐ฉ๐จ๐ญ ๐๐๐ฌ๐ญ, ๐๐ซ๐ข๐ญ๐ข๐๐๐ฅ ๐๐จ๐ง๐ ๐๐ง๐ข๐ญ๐๐ฅ ๐๐๐๐ซ๐ญ ๐๐ข๐ฌ๐๐๐ฌ๐, ๐๐๐๐ซ๐ข๐ง๐ ๐๐๐ซ๐๐๐ง, ๐๐ซ๐ข๐ง๐ ๐๐๐ฌ๐ญ, ๐๐ง๐ ๐๐ญ๐ก๐๐ซ ๐๐๐ฌ๐ญ๐ฌ), ๐๐ง๐ ๐๐ฒ ๐๐ง๐-๐๐ฌ๐๐ซ (๐๐จ๐ฌ๐ฉ๐ข๐ญ๐๐ฅ๐ฌ, ๐๐ฅ๐ข๐ง๐ข๐๐ฌ, ๐๐ง๐ ๐๐ข๐๐ ๐ง๐จ๐ฌ๐ญ๐ข๐ ๐๐๐ง๐ญ๐๐ซ๐ฌ): ๐๐ฅ๐จ๐๐๐ฅ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ซ๐ฌ๐ฉ๐๐๐ญ๐ข๐ฏ๐, ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ, ๐๐๐๐โ๐๐๐๐โ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ https://www.zionmarketresearch.com/report/newborn-screening-market
๐๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐ง๐๐ฐ๐๐จ๐ซ๐ง ๐ฌ๐๐ซ๐๐๐ง๐ข๐ง๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ง๐ญ๐จ:
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ฐ๐๐จ๐ซ๐ง ๐๐๐ซ๐๐๐ง๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ
Instruments
Pulse Oximeter
Mass Spectrometer
Hearing Screening Devices
Laparoscopes
Retinoscopes
Ultrasound Machines
Others
Assay Kits and Reagents
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ฐ๐๐จ๐ซ๐ง ๐๐๐ซ๐๐๐ง๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ ๐๐๐ซ๐๐๐ง๐ข๐ง๐ ๐๐๐ฌ๐ญ
Dry Blood Spot Test
Critical Congenital Heart Disease (CCHD)
Hearing Screen
Urine Test
Other Tests
๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ฐ๐๐จ๐ซ๐ง ๐๐๐ซ๐๐๐ง๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ ๐๐ง๐-๐ฎ๐ฌ๐๐ซ
Hospitals
Clinics
Diagnostic Centers
๐๐๐๐๐-๐๐ ๐๐ฆ๐ฉ๐๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
The COVID-19 pandemic has a wide range of consequences for the healthcare industry. To avoid the transmission of the epidemic, government-imposed restrictions on travel and a social distancing policy are in place. The epidemic infected a large number of people around the world, resulting in a growing patient pool. The hospital and clinics eventually ran into problems treating such a large number of patients and keeping track of their medical history.
Furthermore, the decline in medical and nursing personnel put a significant strain on physicians, nurses, and other healthcare professionals. During this pandemic, HIE allowed the compilation and standardization of all public health records, making them readily accessible to physicians. As a result, the COVID-19 pandemic has provided a significant gap for the global health knowledge sharing industry, which is projected to expand rapidly.
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Kajal Rupnar
Zion Market Research
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