The newborn screening market is expected to grow at an annual rate of 7.8%, from $ 0.85 billion in 2021 to $ 1.7 billion in 2026

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Newborn Screening Market

the global neonatal screening market is expected to grow at an annual rate of 7.8%, from $ 0.85 billion in 2021 to $ 1.7 billion in 2026. The increasing prevalence of neonatal disorders, along with favorable reimbursement policies, are driving the growth of this condition. Marlet. On the other hand, the availability of refurbished products is expected to limit the growth of the market during the forecast period.

The increased incidence of metabolic, hormonal and genetic disorders in newborns, along with supportive government policies, are stimulating the growth of newborn screening.

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During the forecast period, the Asia-Pacific region market is expected to develop at the fastest rate. The presence of large numbers of newborns, the increasing prevalence of neonatal disorders, the growing understanding of early diagnosis of the disease and the attention of key players in this field are all growth drivers in this market.

Consumables accounted for the majority of the newborn screening industry in 2019. The relentless demand for consumables in newborn screening accounts for the significant share of this market segment. The increasing prevalence of neonatal diseases and the rate of newborn screening around the world are two major factors supporting the growth of consumables.

The global neonatal screening market has reached its maximum potential and continues to expand. The number of newborns is increasing every day, necessitating massive growth in the newborn screening market. The growth of the newborn screening market would be aided by technological advances in the development of newborn screening systems.

The neonatal screening systems market is expected to grow rapidly in the coming years, driven by the increasing demand for newborn screening systems. Several technical advancements in the neonatal screening method would act as a demand stimulus for the growth of the newborn screening market. The growing newborn population is believed to contribute significantly to the growth of the newborn screening market share. Governments in various countries are also raising awareness of newborn screening procedures and taking action to help the newborn screening industry. In the age of prediction, these two opportunities will propel the newborn screening market to greater heights.

the neonatal screening market is growing at a rapid rate, but it also faces some challenges. The lack of adequate health facilities and infrastructure is a greater obstacle to the growth of the newborn screening industry. Newborn screening tests are not always accurate, resulting in unreliability of the product. There are very few qualified professionals who are able to properly handle the screening procedure, which is creating a hindrance for the growth of the newborn screening market.

Impact of COVID-19 on the Global Newborn Screening Market

COVID-19 has had minimal effect in the newborn screening market, despite affecting many segments of the medical device and diagnostic industry. Legislation in key markets has also underscored the importance of newborn screening, with strict laws in place to monitor newborn health and protect babies from diseases like COVID-19. Many testing laboratories and government agencies educate parents about the health of their children.

COVID-19, on the other hand, disrupted the production and distribution activities of major market players such as Natus (US), PerkinElmer (US) and Masimo (US) in the second quarter of 2020. However, Operations resumed in the third quarter as countries lifted their embargoes and authorized the transport of medical supplies.

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