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WILMINGTON, Del. , Oct. 17, 2022 /PRNewswire/ -- By 2031, the global newborn screening market size is estimated to attain value of US$ 3.3 Bn . The analysis of newborn screening market is projected to rise at ~11% CAGR during the forecast period, from 2021 to 2031. The increasing occurrence of severe congenital heart problems and more accurate NICU illness detection are expected to contribute to the massive growth of the global newborn screening market.

Global newborn screening market analysis highlight that in babies with sickle cell anemia, quick point-of-care instruments have taken the place of traditional screening techniques that involved collecting blood samples on filter paper. Though there have been numerous successes, the market for newborn screening is being restrained from expanding due to long gaps between screening and treatment availability. As a result, healthcare organizations are expected to work together on R&D to enhance diagnostic medical technology and lower the rate of neonatal morbidity and death. There is an improving link between healthcare professionals and state public health newborn screening programs, which is expected to favor expansion of the global newborn screening market.

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For children with uncommon disorders, firms in the global newborn screening market are diversifying their revenue streams. The European Commission is gaining popularity for speeding up the process of diagnosing rare diseases. This done by expanding funding and tendering options for newborn screening and digital innovations and solutions.

Key Findings of Market Report

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Global Newborn Screening Market: Key Competitors

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Global Newborn Screening Market: Segmentation

Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Research Reports by Transparency Market Research:

Dental Consumables Market: The global dental consumables market is anticipated to reach more than US$ 49.8 Bn by the end of 2031 at a CAGR of 7.1% from 2022 to 2031.

Pediatric Home-use Medical Devices Market: The global pediatric home-use medical devices market is anticipated to reach more than US$ 4.27 Bn by the end of 2031 at a CAGR of 6.2% from 2022 to 2031.

Nurse Call Systems Market: The global nurse call systems market is anticipated to reach more than US$ 4.2 Bn by the end of 2031 at a CAGR of 9.8% from 2022 to 2031.

Diabetes Devices Market: The global diabetes devices market is anticipated to reach more than US$ 90.2 Bn by 2031 at a CAGR of 6.0% from 2022 to 2031.

Safety Pen Needles Market: The North America safety pen needles market is anticipated to reach more than US$ 1.17 Bn by the end of 2031 at a CAGR of 6.4% from 2022 to 2031.

Smart Drug Delivery Systems Market: The global smart drug delivery systems market is anticipated to reach more than US$ 36 Bn by 2031 at a CAGR of 15.2% from 2022 to 2031.

Catheter Stabilization Devices Market: The global catheter stabilization devices market is anticipated to reach US$ 2.6 Bn by the end of 2031 at a CAGR of 6.5% from 2022 to 2031.

Trichoscope Devices Market: The global trichoscope devices market is anticipated to reach US$ 73.4 Mn by the end of 2031 at a CAGR of 7.3 % from 2022 to 2031.

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