Non-Invasive Prenatal Testing Market is Predicted to Rise at a CAGR of 16.4% during the Forecast Period, observes TMR Study

·5 min read
Transparency Market Research
Transparency Market Research

A high prevalence of genetic mutations leading to different diseases worldwide is projected to increase usage for non-invasive prenatal testing.

Wilmington, Delaware, United States, July 01, 2022 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The global market for non-invasive prenatal testing market was worth around US$ 1.3 Bn in 2018. The non-invasive prenatal testing market is likely to develop at a CAGR of 16.4% during the forecast period, from 2019 to 2027. Rising numbers of infants born with chromosomal anomalies like Down syndrome and Tuner's syndrome are triggered, in part, by advanced age of mothers. Medical practitioners are now able to detect such conditions in advance owing to non-invasive prenatal tests. As a result, hospitals, gynecology and obstetrics clinics, and diagnostic facilities all use this testing method extensively, which is likely to drive demand for non-invasive prenatal testing.

Non-Invasive Prenatal Testing manufacturers specialize in the identification and diagnosis of fetal genetic disorders. As per industry researchers, the non-invasive prenatal diagnostics market is likely to have significant development potential in China. According to reports, nearly 900,000 cases in the nation fall under the high-risk pregnancy category each year, which is expected to drive growth prospects for non-invasive prenatal testing in the nation.

Another important aspect that is predicted to fuel market expansion in the years ahead is growing consumer awareness. Women with high-risk pregnancies typically choose for prenatal testing.

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Key Findings of Market Report

  • As NIPT offers a high degree of safety as well as precision compared to traditional screening and invasive diagnostic procedures, the demand for his testing method is anticipated to be driven by the high occurrence of Turner's syndrome and Down's syndrome in babies born throughout the world.

  • The prevalence of genetic as well as congenital disorders is predicted to rise as a result of dietary practices, changing lifestyle, and exposure to mutagenic chemicals. These chemicals are poised to produce spontaneous mutations in fetuses and expectant mothers. The use of non-invasive prenatal diagnostics is predicted to increase due to this aspect throughout the forecast period.

  • Awareness level of consumers is another important aspect that is anticipated to drive growth opportunities in non-invasive prenatal testing. Women with high-risk pregnancies frequently undergo prenatal testing.

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Global Non-Invasive Prenatal Testing Market: Growth Drivers

  • As the average age of mothers rise, chromosomal aneuploidies are projected to become more prevalent, increasing the need for non-invasive prenatal testing in the years to come.

  • Non-invasive prenatal diagnostics are a halfway stage between invasive testing to look for fetal abnormalities and screening procedures. The domain of reproductive genetics is then expected to observe growth as a result.

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Global Non-Invasive Prenatal Testing Market: Key Players

Some of the key market players are

  • Laboratory Corporation of America Holdings

  • Eurofins LifeCodexx AG

  • F. Hoffmann-La Roche Ltd

  • Agilent Technologies, Inc.

  • BGI Group,

  • Berry Genetics Inc

Global Non-Invasive Prenatal Testing Market: Segmentation

Test Type

  • Materni21

  • Harmony

  • Panorama

  • Verifi

  • NIFTY

  • Other

Application

  • Microdeletions Symptoms

  • Others

Technology

  • NGS

  • WGS

  • Others

End User

  • Hospitals

  • Diagnostic Laboratories

  • Others

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