DUBLIN--(BUSINESS WIRE)--Sep 30, 2022--
The "Newborn Screening Market By Product Type, By Test Type, By Technology, By End User: Global Opportunity Analysis and Industry Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering.
The global newborn screening market valued at $ 1,055.24 million in 2021, and is projected to reach $ 2,038.47 million by 2031, registering a CAGR of 6.8% from 2022 to 2031.
Newborn screening test is the series of test performed during the first few days of your baby's life, usually by a hospital health care practitioner. A few drops of blood from a heel prick are placed on a special card, called a Guthrie card. this card, along with your baby's details, is mailed to a specialized state laboratory, which will test the blood sample for a variety of health disorders, including CF (cystic fibrosis).
Newborn screening in certain states requires two blood samples, one at birth and the other a few weeks later. Newborn screening is essential for detection and early diagnosis of certain genetic, endocrine, and metabolic disorders, and are also tested for hearing loss and critical congenital heart defects (CCHDs).
The major factors that drive the growth of the global newborn screening market include increasing government support for newborn screening and development in screening technology. In addition, high birth rate and increasing incidence of neonatal disease propel the market growth.
However, lack of improvement in healthcare infrastructure. Conversely, screening of genetic disorders and emerging market such as Brazil, China and India provide significant opportunities to key players in this market due to increase in birth rates and rise in disposable income.
Key Benefits For Stakeholders
Key Market Segments
By Product Type
By Test Type
By Technology
By End User
By Region
Key Market Players
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KEYWORD:
INDUSTRY KEYWORD: CONSUMER BABY/MATERNITY
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 09/30/2022 09:00 AM/DISC: 09/30/2022 09:03 AM
http://www.businesswire.com/news/home/20220930005341/en