Newborn Screening Market worth $1.3 billion by 2026
The report "Newborn Screening Market by Product (Instrument, Consumables), Test Type (Dried Blood Spot, Hearing Screening, CCHD),Technology (Tandem Mass Spectrometry, Immunoassay, Enzyme Assay, Molecular, Pulse Oximetry),End User (Hospitals) - Global Forecast to 2026" The global newborn screening market size is projected to reach USD 1.3 billion by 2026 from USD 0.9 billion in 2021, at a CAGR of 8.3%. Growth in this market is driven mainly by the grwoing awareness regarding early diagnosis of diseases in newborn, rising newborn screen rate, favourable government policies to conduct newborn screening.
Browse 166 market data Tables and 37 Figures spread through 177 Pages and in-depth TOC on "Newborn Screening Market by Product (Instrument, Consumables), Test Type (Dried Blood Spot, Hearing Screening, CCHD),Technology (Tandem Mass Spectrometry, Immunoassay, Enzyme Assay, Molecular, Pulse Oximetry),End User (Hospitals) - Global Forecast to 2026"
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The consumables segment accounted for the largest share of the newborn screening market in 2019.
Based on the product, the newborn screening market is segmented into consumables and instruments. The consumables further segmented into Assay kits & reagents and other consumables such as newborn screening cards and columns. In 2019, consumables accounted for the largest share of the newborn screening market. The large share of this market segment is mainly due to the constant requirement for consumables in newborn screening. The increasing newborn screening rate across the globe also fuels the demand for consumables.
The dry blood spot tests segment accounted for the largest share of the newborn screening market in 2019.
The newborn screening market, by test, is segmented into dry blood spot tests, hearing screening tests, and critical congenital heart defect (CCHD) screening tests. In 2019, the dry blood spot tests segment accounted for the largest share of the newborn screening market due to the wide acceptance of dry blood spot tests for screening disorders. Most metabolic, hormonal, and genetic disorders are diagnosed using dry blood spot tests.
North America accounted for the largest share of the newborn screening market in 2019.
North America accounted for the largest share of the newborn screening market in 2019. The large share of this segment can primarily be attributed to the rising incidence of newborn diseases, the availability of reimbursement for newborn screening test, and the strong presence of industry players in the region.
Some of the major players in the newborn screening market include Some of the leading players in the newborn screening market are PerkinElmer (US), Demant A/S (Denmark), Natus Medical (US), Bio-Rad Laboratories (US), Danaher Corporation (US), and Medtronic (Ireland). Others include Chromsystems Instruments & Chemicals GmbH (Germany), Trivitron Healthcare (India), Baebies (US), Parseq Lab (Russia), and Recipe Chemicals+Instruments (Germany).
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