Newborn Screening Market 2020 Latest Industrial Overview, Analysis Forecasting 2026 | Covidien, AB SCIEX,Bio Rad Laboratories, Agilent, Masimo Corporation, Natus Medical, Trivitron Healthcare, ZenTech

““Newborn Screening Market””
Summary:
New Study Reports “Newborn Screening Market 2020 Global Market Opportunities, Challenges, Strategies and Forecasts 2026” has been Added on WiseGuyReports.

Latest Market Analysis Research Report on “Newborn Screening Market” has been added to Wise Guy Reports database.

Introduction

“Newborn Screening Industry”

Newborn screening is the practice of testing newborn for certain disorders such as phenylketonuria (PKU), cystic fibrosis, sickle cell disease, critical congenital heart disease, hearing loss, and others. This testing is typically performed before the baby leaves the hospital. Early detection and treatment can help prevent intellectual and physical disabilities and life-threatening illnesses in newborn.

 

Key Players of Global Newborn Screening Market =>

Some of the major players of the global ECMO system market include Covidien Plc., AB SCIEX, Bio Rad Laboratories, Agilent Technologies, Masimo Corporation, Natus Medical, Trivitron Healthcare, PerkinElmer Inc, GE Life Sciences, and ZenTech S.A.

The key players are adopting various strategies such new product developments, mergers and acquisitions, partnerships, and regional expansion to stand out as strong competitors in the market. For instance,

 

@Get a Free Sample Report “Newborn Screening Market” 2020 https://www.wiseguyreports.com/sample-request/5613743-global-newborn-screening-market-2019-2026

If you have any special requirements, please let us know and we will offer you the report as you want.

 

Global Newborn Screening Market Dynamics

The newborn screening market growth is driven by several factors such as rising neonatal population base, increase in number of cases of congenital diseases in newborns. For instance, according to UNICEF data, globally, 2.5 million children died in the first month of life in 2017 alone, approximately 7,000 neonatal deaths every day, most of which occurred in the first week. About 1 million dying on the first day and close to 1 million dying within the next six days due to lack of skilled care and screening of the babies. To reduce the death count, several efforts are being taken by organizations such as the WHO, CDC, Healthy Newborn Network, etc., to educate parents for the possible disorders and their diagnostic procedures. North American agencies have also ordered 100% screening of all children born in private sector hospitals.

In addition, increasing healthcare awareness, benefits offered by newborn screening programs, and technological advancements in screening, and increasing government funding and support are also driving the growth of the newborn screening market globally. For instance, the WHO implemented a program to safeguard the health of children globally, in which numerous policies and initiatives have been taken by the U.S. Department of Health and Human Services Secretary’s Advisory Committee on Heritable Disorders in Newborns and Children (SACHDNC), Japan’s Society of Obstetrics and Gynecology (JSOG), UK (PEACH), and advocacy groups.

However, lack of improved healthcare infrastructure and trained professionals, and socioeconomic barriers are some of the major factors restraining the growth of the global newborn screening market.

Global Newborn Screening Market Segment Analysis

On the basis of product, the market has been segmented into assay kits and instruments. The assay kits segment is further sub-segmented into enzymatic assay kits, DNA assay kits, immunoassay kits, and others. Among these, the immunoassay kits segment accounted for the largest market share in 2018 as immunoassay is a primary test used in screening and estimated to grow significantly over the forecast period (2019-2026). The instruments segment has been further divided into Mass Spectrometer, Pulse Oximetry, Hearing Screening Devices, Laparoscope, Retinoscope, Ultrasound Machine, and Others.

By application, the blood spot test dominated the global newborn screening market accounting in 2018. The collection of blood from newborn’s heel within 24-48 hours of birth on the screening card for diagnosis of over 50 conditions is termed as heel stick or dried blood spot test (DBS). These screening cards are labeled using unique codes and contain no additional identity information. Autisms, Lymphomas and leukemia and many other metabolic conditions can be diagnosed through this test. The card used for testing is provided free in North America as a plan to promote higher procedure volume.

Critical Congenital Heart Disease (CCHD) is one of the commonly occurring disorders, which is screened using the pulse oximeter based technology. It is estimated that 18 out of 10,000 infants suffer from CCHD, which may lead to death if undetected. Growth of this segment is anticipated to affect the newborn screening market substantially over the forecast period.

Global Newborn Screening Market Geographical Analysis

The North America is dominating the global Newborn Screening market with highest market size in 2018 and estimated to hold the largest market share over the forecast period (2019-2026). The U.S. is leading the North America newborn screening market due to rising prevalence of congenital disorders. According to CDC in 2017, more than five million babies born annually are screened for various possible conditions. In 2017, number of infant deaths was about 22,335 and the leading causes of infant deaths were congenital malformations, deformations and chromosomal abnormalities. Conditions for screening were provided through extensive research by the American College of Medical Genetics (ACMG) under the supervision of the U.S. Department of Health and Human Services (HHS). Recently, ACMG has deviated from the traditional screening criteria and added new conditions to the list. Newborn screening program is diligently followed in all the states of North America. In addition, to create awareness, health departments of the states in U.S. have published free data and created websites that are expected to help parents to cope better with these conditions.

The Asia Pacific newborn screening market is growing at the highest CAGR during the forecast period (2019-2026) due to rising awareness programs and quality assurance of newborn diagnostic procedures in the developing economies of Korea, China, Taiwan, India and Sri Lanka. Improving infrastructure and healthcare plans and the availability of new opportunities for expansion are expected to play a major role in driving demand over the forecast period.

The Middle East region is also contributing to the rising growth of the newborn screening market. For instnace, as part of the National Newborn Screening Program, over 295,000 babies born in Qatar have been screened for metabolic and endocrine disorders, including rare diseases, Of these, 958 babies have been diagnosed with a rare disorder or genetic condition. Qatar was the first country in the region to establish a national newborn screening program, which was implemented in December 2003.

In October 2018, Trivitron’s Labsystems Diagnostics Oy, a leading brand that develops and manufactures high-quality diagnostic tests for clinical laboratories and physicians, expanded its portfolio on advancing newborn screening (NBS) by launching six new high-quality NBS products at ISNS 2018, Slovakia.

In February 2018, Sema4, a health information company providing advanced genomic testing, launched Sema4 Natalis, a supplemental newborn screening test designed to detect 193 childhood-onset diseases or disorders so parents can gain early insight into their baby’s health.

In October 2018, LifeCell International, launched “RightStart”, the world’s first Integrated DNA testing for Newborn Screening to detect over 50 medical conditions. This technology has been proven to be more accurate than current screening methods and has also been found to drastically reduce the false-positive reporting thereby avoiding unnecessary follow-up tests and anxiety of the parents.

Why Purchase the Report?

• Visualize the composition of the newborn screening in terms of product type, application, test type, and end-user highlighting the key commercial assets and players.

• Identify commercial opportunities in newborn screening market by analyzing trends and co-development deals.

• Excel data sheet with thousands of data points of newborn screening market – level 4/5 segmentation.

• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.

• Product mapping in excel for the key product of all major market players

Target Audience

• Service Providers/ Buyers

• Industry Investors/Investment Bankers

• Education & Research Institutes

• Research Professionals

• Emerging Companies

• Manufacturers

 

@Ask Any Query on “Newborn Screening Market” 2020 Size, Share, demand https://www.wiseguyreports.com/enquiry/5613743-global-newborn-screening-market-2019-2026

 

Major Key Points of Global Newborn Screening Market

1. Global Newborn Screening Market Methodology and Scope

2. Global Newborn Screening Market – Market Definition and Overview

3. Global Newborn Screening Market – Executive Summary

4. Global Newborn Screening Market – Market Dynamics

5. Global Newborn Screening Market – Industry Analysis

6. Global Newborn Screening Market – By Product

7. Global Newborn Screening Market – By Test Type

8. Global Newborn Screening Market – By Application

9. Global Newborn Screening Market – By End-USer

10. Global Newborn Screening Market – By Region

11. Global Newborn Screening Market – Competitive Landscape

12. Company Profiles

12.1. Covidien Plc.*

12.1.1.1. Company Overview

12.1.1.2. Product Portfolio and Description

12.1.1.3. Key Highlights

12.1.1.4. Financial Overview

12.2. AB SCIEX

12.3. Bio Rad Laboratories

12.4. Agilent Technologies

12.5. Masimo Corporation

12.6. Natus Medical

12.7. Trivitron Healthcare

12.8. PerkinElmer Inc

12.9. GE Life Sciences

12.10. ZenTech S.A.

13. Global Newborn Screening Market – Premium Insights

14. Global Newborn Screening Market – DataM

 

NOTE : Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

 

Media Contact
Company Name: Wiseguyreports.com
Contact Person: Norah Trent
Email: Send Email
Phone: +1 646 845 9349, +44 208 133 9349
Address:Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.wiseguyreports.com/sample-request/5613743-global-newborn-screening-market-2019-2026