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New report: Global newborn screening software market to reach USD 1.0 billion by 2024

Medical Market Research

The global newborn screening equipment market was valued at an estimated USD 0.45 billion in 2016 and is expected to reach USD 1.0 billion by 2024

According to Goldstein Research, global Newborn screening software market is expected to reach USD 1.0 billion by the end of 2024 from USD 0.45 billion in 2016, growing at a CAGR of 10.5%. The government collocation of quality assurance programs and spreading awareness to decline the death rates, are driving the demand for new born screening software, for early detection of any disease or disorders in the newborns.

Global Newborn screening software market segmentation has been done on the basis of technology, application and geography. Technological developments in newborn screening software to expand its application and government reimbursement policies are improving the sustainability of the software despite the lack of trained professionals and slow penetration into the market.

Global Newborn screening software market Size Make an Inquiry about this news is majorly dominated by North America, accounting for 47.5% market share on account of growing government initiatives towards declining death rates and improving health quality. North America is closely followed by Europe, with their rising expenditure on developing advanced healthcare system.

Market Segmentation

On the basis of our in-depth analysis, Global Newborn Screening Software Market can be segmented as follows:

  • By Technology

o   Tandem Mass Spectrometry

o   Pulse Oximetry

o   Enzyme Based Assays

o   DNA Assays

o   Electrophoresis

  • By Application

o   Control and Monitoring

o   Overall Management of Newborn Screening Program

o   Data Management 

o   Decision Support

  • On the basis of region
  • o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
  • o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

 

Download Exclusive Sample Report @ www.goldsteinresearch.com/request-…orecast-2016-2024 Make an Inquiry about this news

“Global Newborn Screening Software Industry Outlook 2024contains detailed overview of the global Newborn screening software market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by technology and application.

Further, for the in-depth analysis, Global Newborn Screening Software Industry Make an Inquiry about this news Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as PerkinElmer, Siemens, NeoScreen, Bio-Rad, Astoria Pacific, Masimo, Northgate, SCIEX, OMNI-Lab NBS, Shimadzu, OZ Systems,.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global Newborn screening software market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Browse full Report @ www.goldsteinresearch.com/report/n…orecast-2016-2024 Make an Inquiry about this news

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