Top Companies in Newborn Screening Market | Top Companies In-depth and Comprehensive Research Report 2022 | Revenue, Sales volume, Future Scope, | Vantage Market Research
Newborn Screening is a public health program run by various hospitals in which newborn babies are screened and identified with rare but serious medical conditions (genetic, hormonal, or metabolic conditions) that can interfere with average growth but are easy to treat.
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Market Overview:
The Global Newborn Screening Market was valued USD 729.5 Million in the year 2021 and is anticipated to reach a value of USD 1164 Million by the year 2028. The Global Market is forecasted to grow to exhibit a Compound Annual Growth Rate (CAGR) of 8.1% over the forecast period. The growing neonatal population, rising awareness of Newborn Screening as a separate specialty, quick acceptance of minimally and non-invasive Newborn Screening technologies, and attractive health reimbursement are all driving the global Newborn Screening Market forward. In addition, the growing prevalence of congenital cardiac disorders and genetic abnormalities among infants is likely to propel the global Newborn Screening market.
Furthermore, government and commercial sector actions and technological improvements drive the global Newborn Screening Market forward. High birth rates and an increase in the incidence of newborn illnesses are the main drivers of market expansion. However, the market's development is constrained by a lack of improvements in healthcare infrastructure and a scarcity of educated experts. Screening for genetic abnormalities and rising markets such as Brazil, China, and India, on the other hand, Brazil offers many prospects to essential companies due to rising birth rates and disposable income in these countries.
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Some of the key players operating in the Newborn Screening Market are listed below:
|
Company Name |
Revenue in the US |
|
$426 Million |
|
$6 Billion |
|
$2 Billion |
|
<$5 Million |
|
$18 Billion |
|
$3 Billion |
|
$1 Billion |
|
$463 Million |
|
$204 Million |
|
$2 Billion |
AB Sciex LLC is based in the United States and is essential to the Electromedical, Control Instruments Manufacturing Industry, Navigational, and Measuring. AB Sciex LLC has 100 total employees across all of its locations. There are 1,159 companies in the AB Sciex LLC corporate family.
Agilent Technologies, Inc. provides core electronic measurement and bio-analytical solutions to the communications, electronics, life sciences, and chemical analysis industries. In addition, the Company offers electronic and bio-analytical measurement, semiconductor, and board testing. The company is headquartered in California. Agilent was established in 1999 as a spin-off from Hewlett-Packard.
Bio-Rad Laboratories, Inc. drives a chain of laboratories. The Company distributes and manufactures life science research products, clinical diagnostics, and analytical instrumentation. Bio-Rad Laboratories products and systems separate complex chemical and biological materials and identify, analyze, and purify their components.
Covidien Limited provides medical devices. The Company delivers ablation systems, brain monitoring, dialysis catheters, health informatics, interventional lung solutions, electrosurgical instruments, and litigation devices. Covidien serves clients worldwide with its headquarters in Dublin, Ireland.
GE Healthcare Inc. is located in Marlborough, MA, United States, and is part of the Pharmaceutical and Medicine Manufacturing Industry. GE Healthcare Inc. produces medical equipment. The Company offers scanners, monitors, dispensers, imagers, displays, recorders, analyzers, separators, and other laboratory and medical equipment for medical and medical research industries worldwide. GE Healthcare Inc. has around 9 thousand total employees across all of its locations. There are 4,458 companies in the GE Healthcare Inc. corporate family.
PerkinElmer, Inc. provides solutions, services, and technology to diagnostics, research, environmental, industrial, and laboratory services. The Company's products include optoelectronics, analytical instruments, fluid containment, image detection systems, and equipment used for genetic screening &drug discovery products.
Masimo Corporation designs, develop, and license medical signal processing and sensor technology for the non-invasive monitoring of physiological parameters. The Company's products originated to enhance the effectiveness of pulse oximetry by defeating the inadequacy of available systems to precisely measure arterial blood oxygen saturation and low arterial blood flow levels.
Natus Medical Incorporated is a medical device company that manufactures, markets, and develops screening products. The Company's products monitor and identify common medical disorders that may occur between conceptions to a baby's first birthday. In addition, Natus is selling its ALGO products for newborn hearing and screening and its CO-Stat products for evaluating jaundice.
Since 1997, Trivitron Healthcare Private Limited has provided medical equipment. The Company offers cardiology and implantable devices, imaging and laboratory diagnostics, radiology, and operating room equipment. Trivitron Healthcare serves customers in India. Trivitron Healthcare serves customers in India.
Waters Corporation provides high-performance liquid chromatography services and products. The Company distributes its products worldwide to various industries such as pharmaceuticals, chemicals, and environmental testing. Waters designs, sells, services, and manufactures thermal analysis, rheometry, calorimetry instruments, and related software products.
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