12th March 2020 – "Newborn
Screening Market" 2022 Industry research report covers the
industry overview with Marketplace Size, Share, Development, futuristic cost,
earnings, demand and distribution data. Its wide study offers an analytical
summary of the marketplace that can help to the new and existing player to take
a significant decision.
The global Newborn Screening Market is
anticipated to grow significantly in the forecast period due to increasing need
for the detection of metabolic, genetic, and developmental disorders in
infants. Newborn screening is the test conducted for infants shortly after their
birth. Early detection and treatment reduces or prevents the risk of physical
and intellectual disabilities, and also life threatening disorders in infants.
The test is generally undertaken by
national or state government bodies and is divided into three parts, namely
blood test, hearing test, and CCHD (critical congenital heart disease) screen.
For blood test, few blood drops are taken from the infant’s heels and is sent
to the lab for analysis. For hearing test, either a tiny microphone or earpiece
in the baby’s ear, or electrodes are placed on the infant’s head while it is
asleep or quiet. In CCHD screening, a tiny soft sensor attached with oximeter
machine is placed on the infant’s skin. This machine measures the infant’s
oxygen level in the hands and foot.
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Main features of the report:
·
To provide detailed analysis of
the market structure along with forecast of the various segments and
sub-segments of the global Newborn Screening Market.
·
A complete backdrop analysis,
which includes an assessment of the parent market
·
Important changes in market
dynamics
·
Market segmentation up to the
second or third level
·
To provide country level
analysis of the market for segment by application, product type and
sub-segments.
·
To provide strategic profiling
of key players in the market, comprehensively analyzing their core
competencies, and drawing a competitive landscape for the market.
·
Track and analyze competitive
developments such as joint ventures, strategic alliances, mergers and
acquisitions, new product developments, and research and developments in the
global Newborn Screening Market.
·
Emerging niche segments and
regional markets
·
An objective assessment of the
trajectory of the industry.
Major factors attributing to the growth
of the newborn screening market include increasing government initiatives towards
baby health and public health benefits in the developed economies, availability
of laboratory sciences and enhanced technologies, increasing investment or
innovations in the domain, growing cases of neonatal disorders among infants,
and increasing awareness for hereditary disorders in babies. However, strict
regulations in few economies that delay hospitalization and low availability of
technologically enhancement in tests and instruments are hampering the newborn
screening industry growth.
Increasing government support to the
manufacturers for the development of fresh screening tests that comply with the
regulations is trending in the newborn screening market. Increasing government
regulations for better infant health is an opportunity for the industry players
to improve their industry presence and expand product portfolio.
Major Companies operating in the
industry are:
·
Trivitron Healthcare,
·
Thermo Fisher Scientific Inc
·
Agilent Technologies, Inc
·
Masimo Corporation,
·
Bio-Rad Laboratories,
·
PerkinElmer Inc
·
General Electric Healthcare,
·
Natus Medical Incorporated,
·
Waters Corporation
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