PUBLISHER: TechNavio | PRODUCT CODE: 1602070
PUBLISHER: TechNavio | PRODUCT CODE: 1602070
Newborn Screening Market 2024-2028
The newborn screening market is forecasted to grow by USD 434.9 mn during 2023-2028, accelerating at a CAGR of 8.2% during the forecast period. The report on the newborn screening market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high prevalence of congenital disorders, government initiatives, and advancement in screening technologies for new disorders.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 7.9% |
CAGR | 8.2% |
Incremental Value | $434.9 mn |
Technavio's newborn screening market is segmented as below:
By End-user
By Product
By Geographical Landscape
This study identifies the integration of next-generation sequencing as one of the prime reasons driving the newborn screening market growth during the next few years. Also, integration of genomic technologies and advent of non-invasive screening will lead to sizable demand in the market.
The report on the newborn screening market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading newborn screening market vendors that include AB SCIEX LLC, Agilent Technologies Inc., Astra Biotech GmbH, Baebies Inc., Bio Rad Laboratories Inc., GE Healthcare Technologies Inc., Masimo Corp., Medtronic Plc, MP Biomedicals Inc., Natus Medical Inc., Novartis AG, Perkin Elmer Inc., Revvity Inc., Thermo Fisher Scientific Inc., Trivitron Healthcare, Tulip Diagnostics Pvt. Ltd., Waters Corp., and ZenTech S.A.. Also, the newborn screening market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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