Dublin, Aug. 31, 2023 (GLOBE NEWSWIRE) -- The "Newborn Screening - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Newborn Screening Market to Reach $1.9 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Newborn Screening estimated at US$1.1 Billion in the year 2022, is projected to reach a revised size of US$1.9 Billion by 2030, growing at a CAGR of 7.2% over the analysis period 2022-2030.
Consumables, one of the segments analyzed in the report, is projected to record 7.5% CAGR and reach US$1.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Instruments segment is readjusted to a revised 6.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $295.5 Million, While China is Forecast to Grow at 10.7% CAGR
The Newborn Screening market in the U.S. is estimated at US$295.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$467.2 Million by the year 2030 trailing a CAGR of 10.7% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 6.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- NewBorn Screening - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
A selection of companies mentioned in this report includes
- AB Sciex LLC
- Agilent Technologies, Inc.
- Bio-Rad Laboratories, Inc.
- GE Healthcare
- Masimo Corporation
- Medtronic PLC
- Natus Medical, Inc.
- PerkinElmer, Inc.
- Trivitron Healthcare
- Waters Corporation
For more information about this report visit https://www.researchandmarkets.com/r/ci5nwc
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