India Newborn Screening Market Size & Outlook, 2023-2030
India newborn screening market, 2018-2030 (US$M)
Related Markets
India newborn screening market highlights
- The India newborn screening market generated a revenue of USD 37.9 million in 2023 and is expected to reach USD 75.5 million by 2030.
- The India market is expected to grow at a CAGR of 10.4% from 2024 to 2030.
- In terms of segment, tandem mass spectrometry was the largest revenue generating technology in 2023.
- Electrophoresis is the most lucrative technology segment registering the fastest growth during the forecast period.
Newborn screening market data book summary
| Market revenue in 2023 | USD 37.9 million |
| Market revenue in 2030 | USD 75.5 million |
| Growth rate | 10.4% (CAGR from 2023 to 2030) |
| Largest segment | Tandem mass spectrometry |
| Fastest growing segment | Electrophoresis |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tandem Mass Spectrometry, Pulse Oximetry, Enzyme-based Assay, DNA Assays, Electrophoresis |
| Key market players worldwide | Bio-Rad Laboratories Inc, Agilent Technologies, Agilent Technologies Inc, Covidien, Masimo Corp, Waters Corp, Natus Medical, GE HealthCare Technologies Inc Common Stock, PerkinElmer, Danaher Corp |
Other key industry trends
- In terms of revenue, India accounted for 4.7% of the global newborn screening market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Thailand newborn screening market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 75.5 million by 2030.
Tandem mass spectrometry was the largest segment with a revenue share of 24.8% in 2023. Horizon Databook has segmented the India newborn screening market based on tandem mass spectrometry, pulse oximetry, enzyme-based assay, dna assays, electrophoresis covering the revenue growth of each sub-segment from 2018 to 2030.
With dense and growing population and rising prevalence of critical conditions, India is expected to provide great platform for growth of newborn screening market. The cost-conscious behavior of the people and comparatively low per capita health expenditure may hamper the market penetration in the country.
However, the strategic plans by focusing on the premier class and growing disposable incomes along with developing economy may help in growing the patient awareness level. Recent government initiatives by agencies such as Public Health Foundation are expected to change the market scenario for latest technology involved in the healthcare sector.
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Newborn Screening Market Scope
Newborn Screening Market Companies
| Name | Profile | # Employees | HQ | Website |
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India newborn screening market size, by technology, 2018-2030 (US$M)
India Newborn Screening Market Outlook Share, 2023 & 2030 (US$M)
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