HEALTHCARE

Market Highlights: Newborns are prone to infections, which can occur at any time from the time of birth. The term newborn screening is widely used to describe various tests that occur during the first few hours or days of a newborn’s life and which, when properly timed and performed, has the potential to prevent severe health problems, including death. Factors such as an increase in incidences of newborn diseases, growing awareness among the population results in the growth of the market, Also, the increase in demand for newborn diagnosis, technological advancements to boost the growth of the market, new entrants in the market and government initiatives to bolster the growth of the market. However, other factors such as socio-economic issues extremely affect the market, lack of skilled and trained professionals, lack of healthcare infrastructure hinders the growth of the market. The global new-born screening market is expected to register a significant growth of 10.5% CAGR during...