Market revenue in 2023 | USD 115.3 million |
Market revenue in 2030 | USD 191.2 million |
Growth rate | 7.5% (CAGR from 2023 to 2030) |
Largest segment | Tandem mass spectrometry |
Fastest growing segment | Tandem Mass Spectrometry |
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 |
Tandem mass spectrometry was the largest segment with a revenue share of 24.54% in 2023. Horizon Databook has segmented the U.S. 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.
Research in newborn screening technology is continuously carried on by the U.S. Developmental work on tandem mass spectrometry along with digital micro fluidics and nextgeneration sequencing for diagnosis of genetic dysfunctioning is the primary area of interest. Currently, the most frequently tested disorders are phenylketonuria and congenital hypothyroidism.
The National Birth Defects Prevention Network includes experts across the industry that work on volunteer basis to help maintain a national data and surveillance system for all the birth defect programs.
Their major focus lies on prevention of secondary disorders listed in the Recommended Uniform Screening Panel (RUSP). To raise awareness, health departments of the state have published free data and created websites that are expected to help parents to cope better with these conditions.
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