The Pediatric And Neonatal Testing Kit Global Market Report 2023, provides comprehensive information on the pediatric and neonatal testing kit market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Pediatric And Neonatal Testing Kit Market’s Growth:
The global pediatric and neonatal testing kit market is expected to grow from $3.41 billion in 2022 to $3.70 billion in 2023 at a compound annual growth rate (CAGR) of 8.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The pediatric and neonatal testing kit market is expected to reach $5.03 billion in 2027 at a CAGR of 8%.
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The development of novel screening tests is a key trend gaining popularity in the pediatric and neonatal testing kits market. Major companies in the market are focusing on developing novel screening kits, such as Calmark Neo-Bilirubin, on sustaining their position in the market. For instance, in April 2020, Calmark, a Sweden-based diagnostics company, announced that its product Calmark Neo-Bilirubin had received regulatory approval and a CE mark from the European Union. The new product is a point-of-care diagnostic system for measuring bilirubin in newborns. Contrary to traditional test methods, the new creation has a high tolerance to hemolysis and can produce accurate results at up to 60% hematocrit. It is specially designed for use in hospital environments and approved by NEST360 Qualified for better quality and safety.
The pediatric and neonatal testing kit market is segmented:
1) By Test Type: Dried Blood Spot, Hearing Screening, Critical Congenital Heart Defect (CCHD), Other Test Types
2) By Product: Assay Kits And Reagents, Instruments
3) By Technology: Tandem Mass Spectrometry, Pulse Oximetry, Enzyme-Based Assays, DNA Based Assays, Electrophoresis, Others Technologies
4) By End User: Hospitals, Diagnostic Centers, Maternity And Specialty Clinics, Other End Users
North America was the largest region in the pediatric and neonatal testing kit market in 2022.
The table of contents in TBRC’s pediatric and neonatal testing kit market report includes:
1. Executive Summary
2. Pediatric And Neonatal Testing Kit Market Characteristics
3. Pediatric And Neonatal Testing Kit Market Trends And Strategies
4. Pediatric And Neonatal Testing Kit Market – Macro Economic Scenario
5. Pediatric And Neonatal Testing Kit Market Segmentation
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26. South America Pediatric And Neonatal Testing Kit Market
27. Brazil Pediatric And Neonatal Testing Kit Market
28. Middle East Pediatric And Neonatal Testing Kit Market
29. Africa Pediatric And Neonatal Testing Kit Market
30. Pediatric And Neonatal Testing Kit Market Competitive Landscape And Company Profiles
Top Major Players:
- Hoffmann-La Roche AG
- Thermo Fisher Scientific Inc
- Abbott Laboratories
- Medtronic Plc
- Siemens Healthineers
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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