Pediatric And Neonatal Testing Kit Market Growth and Trends: Key Insights into Market Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What External and Internal Drivers Are Contributing to the Growth of thePediatric And Neonatal Testing Kit Market?
The rise in congenital disorders among newborn babies is propelling the market for pediatric and neonatal testing kits. Congenital disorders, which develop during fetal growth or are present from birth, can be effectively identified using pediatric and neonatal screening. This then enables medical professionals to treat such conditions at the earliest possible stage. For example, in February 2023, the World Health Organization (WHO), a specialized health agency of the United Nations headquartered in Switzerland, reported that roughly 240,000 newborns globally succumb to congenital disorders within their first 28 days. Additionally, about 170,000 children between the ages of 1 month to 5 years tragically lose their lives to congenital conditions each year. Hence, the surge in congenital disorders underpins the propulsion of the pediatric and neonatal testing kits market.
Get Your Free Sample Report Now – Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12198&type=smp
#How Will the CAGR of the Pediatric And Neonatal Testing Kit Market Influence Its Overall Growth by 2034?
In recent years, the pediatric and neonatal testing kit market has expanded significantly. The market, which was valued at $3.91 billion in 2024, is projected to increase to $4.21 billion in 2025, illustrating a compound annual growth rate (CAGR) of 7.6%. This robust growth during the historical period is attributed to advancements in pediatric and neonatal care, heightened attention to child health, expansion of the healthcare infrastructure, increasing awareness around prenatal testing, and a changing regulatory environment.
The market for pediatric and neonatal testing kits is slated for robust expansion in the upcoming years, with its value projected to reach $6.04 billion by 2029, growing at a compound annual growth rate (CAGR) of 9.4%. The predicted surge during the forecast period is primarily due to greater preference for non-invasive testing procedures, broadening of point-of-care testing within pediatric practice, heightened funding for neonatal and pediatric research, and the integration of digital health solutions. Future trends anticipated during this forecast period include the creation of swift and precise testing kits, the application of next-generation sequencing in pediatric diagnostic practices, enlargement of newborn screening initiatives, a renewed emphasis on metabolic testing for newborns, and the incorporation of artificial intelligence into diagnostic instruments.
You can Directly Purchase the Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=12198
Which Upcoming Market Trends and Innovations Are Set to Influence the Pediatric And Neonatal Testing Kit Market’s Path Forward?
One important trend gaining momentum in the pediatric and neonatal testing kits market is the creation of innovative screening tests. Leading companies in the market are dedicating efforts to create unique screening kits, including large-scale tests, to maintain their market presence. For instance, Shimadzu Techno-Research, Inc, a prominent contract analysis firm from Japan, unveiled a new contract service in May 2024 for advanced newborn mass screening via PCR testing. This service is designed to screen for critical rare diseases such as Severe Combined Immunodeficiency (SCID), B-cell Deficiency (BCD), and Spinal Muscular Atrophy (SMA) soon after birth, enabling swift intervention and treatment, thus improving health outcomes for newborns. Currently, this service is available in 40 of Japan’s 47 prefectures, with plans in progress to expand testing to all newborns using public funds. By collaborating with hospitals and birthing centers, Shimadzu Techno-Research, Inc is committed to enhancing the health and well-being of newborns across Japan.
Who Are the Dominant Market Players Pushing the Boundaries of thePediatric And Neonatal Testing Kit Market?
Major companies operating in the pediatric and neonatal testing kit market include F. Hoffmann-La Roche AG, Thermo Fisher Scientific Inc., Abbott Laboratories, Medtronic Plc, Siemens Healthineers, GE Healthcare GmbH, Eurofins Scientific SE, Trivitron Healthcare Pvt Ltd., Hologic Inc., PerkinElmer Inc., Quidel Corporation, Bio-Rad Laboratories Inc., QIAGEN NV, Natus Medical Incorporated, BioFire Diagnostics LLC, Luminex Corporation, Meridian Bioscience Inc., MP Biomedicals LLC, ELITech Group SAS, Baebies Inc., Labsystems Diagnostics Oy, Advacare Pharma LLP, Beckman Coulter Inc., JETA Molecular BV, EpigenTek Group Inc., ZenTech SA, Hangzhou Testsea Biotechnology Co. Ltd.
Order Your Report Now For A Swift Delivery:
#thebusinessresearchcompany #marketresearch #marketintelligence
The pediatric and neonatal testing kit market covered in this report 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
Subsegments:
1) By Dried Blood Spot: Newborn Screening Panels, Genetic Testing, Infectious Disease Screening
2) By Hearing Screening: Automated Auditory Brainstem Response (ABR) Tests, Otoacoustic Emissions (OAE) Tests, Portable Hearing Screening Devices
3) By Critical Congenital Heart Defect (CCHD): Pulse Oximetry Screening Kits, Echocardiography Screening Tools, Clinical Assessment Protocols
4) By Other Test Types: Blood Gas Analysis Kits, Urine Testing Kits, Infectious Disease Testing, Point-of-Care Testing Devices
Gain Exclusive Market Insights—Customize Your Research Report Today for Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=12198&type=smp
What Regions Are Dominating the Pediatric And Neonatal Testing Kit Market Growth?
North America was the largest region in the pediatric and neonatal testing kit market in 2024. The regions covered in the pediatric and neonatal testing kit market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Browse Through More Reports Similar to the Gobal Pediatric And Neonatal Testing Kit Maret 2025, By The Business Research Company:
Pharmaceutical Packaging Equipment Global Market Report 2024
Pharmaceutical API Manufacturing Global Market Report 2024
Pharmaceutical Excipients Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/pharmaceutical-excipient-global-market-report
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on:
