Title: New-Born Screening Market is Expected to Rise at a Suspectable Double-Digit CAGR of 10.5% During Forecast 2018-2023
1New-Born Screening Market
Industry Insights, Growth, Segmentationand
Forecasts to 2023
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2NEW-BORN SCREENING MARKET
New-Born Screening Market Global Forecast to 2023
- Newborns are prone to infections, which can occur
at any time from the time of birth. - The term newborn screening is widely used to
describe various tests that occur during the
first few hours or days of a newborns life and
which, when properly timed and performed, has the
potential to prevent severe health problems,
including death. - However, other factors such as socio-economic
issues extremely affect the market, lack of
skilled and trained professionals, lack of
healthcare infrastructure hinders the growth of
the market. - The global new-born screening market is expected
to register a significant growth of 10.5 CAGR
during the forecast period (20182023).
3NEW-BORN SCREENING MARKET
Major Key Players
- AB Sciex LLC
- Perkinelmer, Inc
- Waters Corporation
- Natus Medical Incorporated
- Masimo Corporation
- Agilent Technologies Inc
- Bio-Rad Laboratories
4NEW-BORN SCREENING MARKET
Regional Analysis
- The Americas is projected to lead the newborn
screening market in the forecast period.
Increasing healthcare awareness, advancement in
technology, medical tourism are some other
factors that boost the growth of the market. - The European market is expected to hold the
second largest market share. Growing government
funding in Europe for newborn screening within a
national health service or a statutory health
insurance is expected to drive newborn screening
market growth in Europe. - Asia-Pacific is projected to be the fastest
growing region for the global new-born screening
market in 2018. - The Middle East and Africa accounts for the least
share due to stringent government policies and
low per capita income.
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