North America Holds Largest Market Share in 2024
Meticulous Research®—a leading global market research company, published a research report titled, ‘Newborn Screening Market Size, Share, Forecast, & Trends Analysis by Technology (Tandem Mass Spectrometry, Pulse Oximeter, Molecular Assay, Immune Assay) Application (CHD, Infectious Diseases, Hearing Disorder) Product, End User – Global Forecast to 2031.’
According to this latest publication from Meticulous Research®,by 2031, the newborn screening market could be worth close to $2.7 billion. That is steady growth, about 7–8% every year. The rise is not surprising. More children are being born, and doctors continue to see higher numbers of genetic issues and congenital heart defects. Simple screening tests like routine blood tests, quick hearing checks, or even a pulse oximetry reading are making it easier to catch these problems in the first days of life. What is interesting is how governments are shaping...