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Newborn Screening Equipment Market Report 2024 | Insights, Trends, Demands & Competitors Analysis

Added: (Tue Nov 07 2017)

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Quality assurance of newborn diagnostic procedures, new opportunities for newborn screening equipment market expansion in developing economies, mergers and acquisition trend, government newborn screening healthcare reforms, are the major factors driving the growth of global new born screening equipment market in upcoming 5-6 years. According to the market study conducted by Goldstein Research, global newborn screening equipment market is anticipated to reach USD 1 billion by the end of 2024. In 2016, the market witnessed an attractive market size of 0.45 Billion. Moreover the market is anticipated to expand at a CAGR of 10.5% over the forecast period.

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Market Segmentation

• By Technology
o Tandem Mass Spectrometry
o Pulse Oximetry
o Enzyme Based Assays
o DNA Assays
o Electrophoresis
• By Application
o Hearing Disability
o Blood Spot Disease
o Critical Congenital Cardiac Disease
o Sickle cells Disease
o Thyroid Disorder
o Maple Syrup Disease
• By Geography
o North America (US, Canada) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

Technology wise, tandem mass spectrometry tends to dominate the newborn screening equipment market over the forecast years. On the basis of application, Critical Congenital Heart Disease (CCHD) acquires the major market share among application category in newborn screening equipment market.

North America newborn screening equipment market has the largest share i.e. 45%, tends to generate revenue of USD 0.51 billion by 2024 at a CAGR of 12.12% over the forecast years.

“Global Newborn Screening Equipment Market Outlook 2024” contains detailed overview of the global newborn screening equipment market in terms of market segmentation by technology, spectrum and application.

Further, for the in-depth analysis, Newborn Screening Equipment Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.

Global newborn screening equipment market report also provides competitive outlook for some of the major players which includes profiling of companies such as Agilent Technologies Inc., Natus Medical Inc., Covidien Plc, Trivitron Healthcare, GE Healthcare, Masimo Corp., AB Sciex LLC, Waters Corp., PerkinElmer Inc. and Bio-Rad Laboratories Inc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents comprehensive synopsis on the global newborn screening equipment market trends that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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Goldstein Research is a leading market research and advisory firm in US, currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Backed up by reliable research and impactful statistics, our business solutions empower our clients to grow at a fast pace despite unsettling fluctuations in the market. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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(Global Sales Head)

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Submitted by:Steve Blade
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