The Asia Pacific Newborn Screening Market, by Products (Hearing Screening Devices, Mass Spectrometer, Pulse Oximetry, and Assay Kits and Reagents), by Test Type (Phenylketonuria (PKU), Critical Congenital Heart Defect (CCHD), Hearing Screening, Sickle Cell Disease, Maple Syrup Urine Disease (MSUD), Thyroid Disorder, Biotinidase Deficiency (BTD), and Others), by End User (Hospitals, Maternity & Specialty Clinics, and Diagnostic Centers), was valued at US$ 190.2 million in 2018 and is projected to exhibit a CAGR of 12.7%, during the forecast period (2018 - 2026), as highlighted in a new report published by Coherent Market Insights.
Government bodies are focusing on initiatives to create awareness about newborn screening tests and are offering free screening services in some regions and rising funding. Furthermore, various government programs and legislations are also creating a conducive environment for growth of the Asia pacific newborn screening market.
For instance, a newborn screening program was recommended by the World Health Organization (WHO) to safeguard the health of children across the globe. Under this program, numerous policies and initiatives have taken by the Human Services Secretary’s Advisory Committee on Heritable Disorders in Newborns and Children (SACHDNC) and the U.S. Department of Health, advocacy groups such as the March of Dimes and Japan’s Society of Obstetrics and Gynecology (JSOG) and UK (PEACH). The World Health Organization (WHO) is focusing on allocation of necessary resources as an additional investment of US$ 0.20 cents per person, which can save 2 of every 3 newborns in low and middle income countries by 2030.
Browse 32 Market Data Tables and 40 Figures spread through 193 Pages and in-depth TOC on "Asia Pacific Newborn Screening Market, by Products (Hearing Screening Devices, Mass Spectrometer, Pulse Oximetry, and Assay Kits and Reagents), by Test Type (Phenylketonuria (PKU), Critical Congenital Heart Defect (CCHD), Hearing Screening, Sickle Cell Disease, Maple Syrup Urine Disease (MSUD), Thyroid Disorder, Biotinidase Deficiency (BTD), and Others), by End User (Hospitals, Maternity & Specialty Clinics, and Diagnostic Centers) - Forecast to 2026"
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Development of cost-effective newborn screening devices is a challenging aspect in emerging countries. Manufacturers could focus on emerging countries such as China, India, Brazil, and South Africa for development of newborn screening devices, owing to relatively high birth rates.
Furthermore, manufacturers could focus on developing novel newborn screening methodology, which will be affordable, as the healthcare infrastructure is rapidly enhancing in Asia pacific countries and the regulatory scenario is also favorable for growth of the market.
In November 2018, GE Healthcare collaborated with Beyond Zero Initiative to improve access to quality and affordable primary healthcare services in Kisumu County.
Key Takeaways of the Asia Pacific Newborn Screening Market:
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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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