Newborn Screening Industry 2019 – Global Market Analysis, Size, Share, Growth, Trends, Demand, Manufacturers and Forecast 2025
Newborn Screening Industry New Study on 2019-2026 Newborn Screening Market Global Key Player, Demand, Growth, Opportunities and Analysis Forecast added to OrianResearch.Com Newborn Screening Industry New Study on 2019-2026 Newborn Screening Market Global Key Player, Demand, Growth, Opportunities and Analysis Forecast added to OrianResearch.Com The report covers the analysis and forecast of the Newborn Screening Market as well as regional level.
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Key Companies Analyzed in Newborn Screening Market Report are: - Agilent Technologies, Inc., Trivitron Healthcare, Thermo Fisher Scientific Inc., Bio-Rad Laboratories, Masimo Corporation, PerkinElmer Inc., General Electric Healthcare, Waters Corporation, Natus Medical Incorporated among others.
The Global Newborn Screening Market was valued at USD XX million in 2017, and is expected to grow at a CAGR of XX% by 2025. Increasing government support for newborn screening and developments in screening technologies is expected to drive the newborn screening market growth.
The newborn screening market is driven by increase in the incidence of neonatal diseases, which leads to high demand for newborn screening tests. Moreover, increase in funding from government organizations and technological advancements in tests are driving the global newborn screening market.
Factors, such as Lack of awareness of knowledge and importance of these screening tests amongst the parents hampers the market for neonatal screening.
Investment by the private sector in newborn screening programs in developing countries and partnerships of private investors with hospitals and diagnostic centers are projected to offer lucrative growth opportunities to the newborn screening market in developing countries with large population.
Based on Test type, the global Newborn Screening market is segmented into Dry blood spot test. Critical congenital heart disease (CCHD), Hearing screen test. Dry blood spot tests dominated the overall newborn screening market.
Based on end-user, the global newborn screening market has been classified into hospitals, diagnostic centers, maternity & specialty clinics, and others.
Regionally, North America and Europe are expected to generate major revenue share in the global newborn screening market, owing to the presence of a better reimbursement structure, development of well-equipped healthcare infrastructure, and availability of trained medical professionals
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Moreover, the market is classified based on regions and countries as follows:
- North America- U.S., Canada
- Europe- Germany, U.K., France, Rest of Europe
- Asia-Pacific- China, Japan, India, Rest of Asia Pacific
- Latin America- Brazil, Mexico, Rest of Latin America
- Middle East & Africa- UAE, South Africa, Saudi Arabia, Rest of Middle East & Africa
Key Benefits of the Report:
*Global, regional, country, propulsion type, and application market size and their forecast from 2019-2026
*Identification and detailed analysis on key market dynamics, such as, drivers, restraints, opportunities, and challenges influencing growth of the market
*Detailed analysis on industry outlook with market specific Porter’s Five Forces analysis, PESTLE analysis, and Value Chain, to better understand the market and build expansion strategies
*Identification of key market players and comprehensively analyze their market share and core competencies, detailed financial positions, key products, and unique selling points
*Analysis on Key players strategic initiatives and competitive developments, such as joint ventures, mergers, and new product launches in the market
Target Audience:
*Newborn Screening Manufacturers & Technology Providers
*Traders, Importers, and Exporters
*Raw Material Suppliers and Distributors
*Research and Consulting Firms
*Government and Research Organizations
*Associations and Industry Bodies
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Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, government and regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and production capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:
* Manufacturers
* Suppliers
* Distributors
* Government Body & Associations
* Research Institutes
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