Global New-Born Screening Market Latest Equipments, Trends and Technology Outlook 2023
Global New-Born Screening Market: Information by Product (Reagents and Assay Kits and Instruments), by Technology (Tandem Mass Spectrometry, Immunoassays and Enzymatic Assays, Hearing Screening Technology, DNA Assays and Pulse Oximetry), by Test Type (Dry Blood Spot Test, Hearing Screening Test and Critical Congenital Heart Disease (CCHD) Test), by End User (Hospitals, Maternity and Specialty Clinics and Diagnostic Centers) and by Region (Americas, Europe, Asia-Pacific and the Middle East & Africa) - Forecast till 2025
Global Market - Overview
Market Highlights
The Global
New-Born Screening Market is expected to register a CAGR of 13.33% during
the forecast period with a market value of USD 1545.98 Million till
2025. Newborn screening is the practice of testing every newborn for
some harmful or possibly fatal disorders that are not otherwise obvious at
birth. New-born screening involves the use of various devices for the screening
procedure.
Key Findings of the Study
- The Global New-Born
Screening Market was valued at USD 745.52 million in 2018, is
estimated to grow at USD 1545.98 Million by 2025 at
a CAGR of 13.33% during the assessment period.
- Americas accounted for
the largest share of the global market due to the presence of key market
players and increasing the rising prevalence of congenital disorders in
new-born, increasing neonatal population, and government support are
driving the growth of the market in this region.
- On the basis of
product, reagents and assay kits accounted for the largest market share
of 9% in 2018, with a market value of USD 521.05
million.
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Diseases such as
phenylketonuria, congenital hypothyroidism, galactosemia, sickle cell disease,
cystic fibrosis, tyrosinemia, and other such disorders can be screened using
new-born screening devices. The rising prevalence of neonatal conditions and
government support along with new-born screening programs have led to the
growth of the new-born screening market in recent years. Additionally,
increasing neonatal population and technological advancements are likely to
contribute to the growth of the market over the assessment period.
The key factors driving the market growth are
increasing spending by government organizations on healthcare, rising
prevalence of diseases in new-born children, and increasing neonatal
population. However, factors such as the unreliability of new-born screening
tests and lack of proper healthcare infrastructure and trained professionals
may hamper the market growth.
Segment Analysis
The global new-born screening market is
segmented into product, technology, test type, and end-user
The global new-born screening market by-products
has been bifurcated into instruments and reagents and assay kits. By
technology, the new-born screening market has been divided into tandem mass
spectrometry, DNA assays, electrophoresis, pulse oximetry, immunoassays, and
enzymatic assays, and hearing screening technology. Based on the test type, it
has been segregated into dry blood spot tests, critical congenital heart
disease (CCHD) tests, urine tests, and hearing screening tests. The global
new-born screening market, by end-user, has been classified as hospitals,
maternity and specialty clinics, diagnostic centers, and others.
Regional Analysis
The global new-born
screening market, based on region, has been divided into the Americas,
Europe, Asia-Pacific, and the Middle East & Africa.
The Americas are
anticipated to hold a significant share in the global new-born screening
market. According to data published by the Centers for Disease Control and
Prevention (CDC) in November 2018, congenital heart defects (CHD) affect
approximately 1% or about 40,000 births per year in the US. Also, increasing
awareness and rising demand for new-born screening are expected to drive market
growth.
The new-born screening
market in Europe is expected to propel owing to factors such as the rising
prevalence of neonatal disorders and raising awareness about these disorders
and their screening programs. According to a report published by the European
Medicines Agency in May 2015, 1 in 10,000 babies born in the European Union was
affected by perinatal asphyxia (a neonatal disorder wherein babies are born
without enough oxygen in the blood). Also, technological advancements in the industry
and government support in terms of National Health Service and health insurance
are expected to drive market growth.
Asia-Pacific is anticipated
to be the fastest-growing region in the global new-born screening market owing
to the rising neonatal population, increasing mortality rate of neonates, and
improving healthcare infrastructure. According to data published by the United
Nation’s International Children’s Emergency Fund (UNICEF), the rate of neonatal
mortality in India was 24% in 2017. According to a report published by the
National Center for Biotechnology Information (NCBI) in December 2016,
approximately 0.75 million neonates die in India every year. The neonatal
mortality rate (NMR) for India is the highest for any country in the world. Also,
the rising prevalence of neonatal disorders in developing countries and
government support is fueling the growth in the market.
The new-born screening
market in the Middle East & Africa is expected to significantly grow owing
to the developing healthcare infrastructure and government support. The
American Society of Hematology (ASH), led a campaign to fight the sickle cell
disease in Africa in June 2018. It also urged the governments, particularly in
Sub-Saharan Africa, to invest in new-born screening of the disease.
Additionally, raising awareness of newborn screening is fueling the growth in
the market.
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The report for Global market by Market
Research Future comprises of extensive primary research along with the detailed
analysis of qualitative as well as quantitative aspects by various industry
experts, key opinion leaders to gain a deeper insight of the market and
industry performance. The report gives a clear picture of the current market
scenario which includes past and estimated future market size with respect to
value and volume, technological advancement, macro economical and governing
factors in the market. The report provides detail information about and
strategies used by top key players in the industry. The report also gives a
broad study of the different market segments and regions.
Key Players
MRFR recognizes the following companies as
the Key Players in the Global New-Born Screening Market—SCIEX (US),
PerkinElmer Inc. (US), WATERS (US), Natus Medical Incorporated (US), Masimo
Corporation (US), Agilent Technologies Inc. (US), Bio-Rad Laboratories, Inc.
(US), Medtronic (Ireland), GENERAL ELECTRIC (Boston), Trivitron Healthcare
(India), and ZenTech SA (Belgium)
TOC:
1.
Report Prologue
2. Market
Introduction
2.1
Definition
2.2 Scope of the
Study
2.2.1
Research Objective
2.2.2
Assumptions
2.2.3
Limitations
3. Research
Methodology
3.1 Introduction
3.2 Primary
Research
3.3 Secondary research
3.4 Market Size
Estimation
TOC…Continued
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