Technological Innovation Speeds Diagnosis in Newborn Screening Market | Growing at a CAGR of 6.8%

The global newborn screening market size was valued at $1.1 billion in 2021, and is projected to reach $2.0 billion by 2031, growing at a CAGR of 6.8% by 2031.

PORTLAND, OR, UNITED STATES, November 28, 2024 /EINPresswire.com/ -- Newborn screening is a public health program aimed at identifying certain genetic, metabolic, and congenital disorders in newborn babies shortly after birth. It involves the collection of blood samples, typically obtained from a heel prick, to screen for specific conditions that may not be apparent at birth but could cause significant health problems if left undetected and untreated. The goal of newborn screening is to identify these conditions early, allowing for timely intervention and management to prevent or minimize potential health complications. The global newborn screening market was valued at $1.1 billion in 2021, and is projected to reach $2.0 billion by 2031, growing at a CAGR of 6.8% from 2022 to 2031.

♦ 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐎𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
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The screening tests performed as part of newborn screening programs vary across different regions and countries. However, they commonly target conditions such as phenylketonuria (PKU), congenital hypothyroidism, cystic fibrosis, sickle cell disease, and hearing loss.

Major market players covered in the report, such as –

• Ab Sciex LLC,
• Agilent Technologies Inc.,
• Bio-Rad Laboratories Inc.,
• Covidien Plc,
• Ge Healthcare,
• PERKINELMER, INC.,
• MASIMO CORPORATION,
• Natus Medical Incorporated,
• Trivitron Healthcare,
• Waters Corporation

♦ 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (𝟐𝟐𝟎 𝐏𝐚𝐠𝐞𝐬 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬) @
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Key Benefits for Stakeholders -

• The report provides quantitative analysis of market segments, current trends, strategies and potential of Newborn Screening Market research to identify potential Newborn Screening Market opportunities in genetics.
• In-depth analysis of this sector helps identify current market opportunities.
• Market analysis and information related to key drivers, restraints and opportunities are provided. • Porter's Five Forces Analysis identifies the capabilities of buyers and suppliers to enable stakeholders to make profitable business decisions and strengthen the network of buyers.
• The largest countries in each region are listed according to their contribution to the global market.
• Focusing on market players makes benchmarking easier and provides a clear understanding of the current market situation.
• The report includes regional and global Newborn Screening Market analysis, key players, market segments, application areas and Market growth strategies.

Early detection through newborn screening is crucial because it allows for early intervention and treatment. If a disorder is identified, further diagnostic tests are conducted to confirm the diagnosis, and appropriate medical management can be initiated promptly. Early treatment can significantly improve outcomes, prevent or reduce the severity of complications, and potentially save lives.

Newborn screening has proven to be an invaluable public health initiative, providing parents and healthcare providers with vital information about a newborn's health and offering an opportunity for early intervention and support.

The Newborn Screening Market is expected to witness a significant growth in the coming years. This market has gained interest of the healthcare and medical sectors owing to increased prevalence of hypertension throughout the globe. Furthermore, the global Newborn Screening Market is segmented on the basis of product type, end user, and region. leading market players have been introducing various strategies to help enterprises move their on-premise models to on-demand models.

♦ 𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 -
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