The Global Non Invasive Prenatal Testing Market is poised to register a CAGR of 18.1% during the forecast period 2022 to 2028.
Non-invasive prenatal testing (NIPT) determines the likelihood that a foetus will be born with certain genetic abnormalities. It examines small fragments of DNA circulating in the blood of a pregnant woman. The rise in occurrences of chromosomal aneuploidies among foetuses, development of advanced non-invasive parenteral testing products, and improvement in the reimbursement scenario for NIPT have all contributed to the growth of the Non Invasive Prenatal Testing (NIPT) market. Furthermore, rising awareness of non-invasive prenatal testing and untapped market potential in Asia’s emerging economies provide significant revenue growth opportunities for market participants. Pregnancy in advanced age is defined as childbirth at the age of 35 or older, regardless of whether it is the first childbirth or not. Over the last 30 years, the proportion of women conceiving at or after the age of 35 who use prenatal medical and obstetrical services has increased significantly. This demographic shift has significant implications for women considering pregnancy and may result in several chromosomal abnormalities. For example, the likelihood of having a child with Down syndrome rises over time. As the percentage of pregnancies in older women has increased, so has the demand for prenatal genetic counselling, which helps predict the risk of foetal chromosomal abnormalities based on age, fueling growth in the non-invasive prenatal testing market. Prenatal testing is shifting toward non-invasive methods of determining foetal risk for genetic disorders without risking miscarriage. Modern molecular technology advancements, as well as the discovery of cell-free foetal DNA in maternal plasma, have resulted in novel screening methods for foetal chromosomal aneuploidies. NGS technology, in conjunction with cffDNA analysis, has paved the way for the detection of chromosomal aberrations by increasing throughput and lowering costs. Because of the growing awareness of the benefits of non-invasive methods, there is a steady increase in the development of advanced technologies for NIPT. The market’s major players are concentrating on strategies for the development of new products and technologies for non-invasive parenteral testing.
The astute research report on Non Invasive Prenatal Testing market provides intricate details for analyzing appropriate parameters and valuable insights. The report offers extensive information about this business to help bring forth the growth potential of the market across various segments and provides the clients with a comprehensive analysis of factors like market size, market growth trends, competitive landscape, product utilization, regional growth prospects, and application potential, etc. The data provided in the report has been gathered from a wide variety of sources by using primary and secondary research. This Non Invasive Prenatal Testing research report also provides crucial insights into consumer behaviour, brand positioning, pricing analysis, and key player strategies. The market overview included in the Non Invasive Prenatal Testing research report incorporates critical factors procured from industry analysts, prominent players as well as trade and industrial organizations.
The report on Non Invasive Prenatal Testing market offers up-to-date information on the factors impeding the market growth which shall provide vendors with crucial insights into understanding the market dynamics thereby aiding the clients to sketch out a better business strategy. These factors will help them identify market growth opportunities. Furthermore, FutureWise research analysts provide timely assistance to their customers in understanding eccentric market parameters more effectively thereby leading to better decision-making.
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The Non Invasive Prenatal Testing market research report is segmented – by product & service, by method, by application, by end user, and by region. It also consists of insights regarding the revenue value and sales volume during the forecasted timeframe of 2022 to 2028.
Non Invasive Prenatal Testing Market Segmentation:
By Product & Service
Products
Services
By Method
Ultrasound Detection
Biochemical Screening Tests
Cell-free DNA in Maternal Plasma Tests
By Application
Trisomy
Microdeletion Syndrome
Other Applications
By End User
Diagnostic Laboratories
Hospitals
By Region
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
Non Invasive Prenatal Testing Market Regional Analysis:
The report provides a complete evaluation of the potential amplification of the Non Invasive Prenatal Testing Market in pivotal geographic regions such as North America, Asia Pacific, Europe, Latin America and Middle East & Africa.
Competitive Landscape:
Some of the key market players are
Illumina, Inc.
Thermo Fisher Scientific Inc.
GE Healthcare
Bgi
Agilent Technologies, Inc.
F. Hoffmann-La Roche Ltd.
PerkinElmer Inc.
Laboratory Corporation of America Holdings
Natera, Inc.
Yourgene Health
FutureWise Key Takeaways:
Growth prospects
SWOT analysis
Key market trends
Key data-points affecting market growth
Objectives of the Study:
To provide an extensive analysis of the global Non Invasive Prenatal Testing market by product & service, by method, by application, by end user, and by region
To carter complex data and information on the characteristics influencing the market growth (drivers, restraints, opportunities, and industry-specific restraints)
To predict and assess micro-markets and the overall market
To anticipate the market size, in key geographical regions (along with countries)— North America, Europe, Asia Pacific, Latin America and the Middle East and Africa
To estimate and inspect competitive landscape mapping- technological advancements, product launches, mergers and expansions
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