"The comprehensive Prenatal Genetic Testing Market report broadly encompasses absolute and distinct analysis of the market drivers and restraints, major market players involved in the Prenatal Genetic Testing Market industry, exhaustive analysis of the market segmentation, and competitive analysis of the key players. All the data and information involved in the report is taken from incredibly trustworthy sources such as websites, annual reports of the companies, white papers, journals, newspapers, and mergers. A number of estimations and calculations have been executed in the world class Prenatal Genetic Testing Market research report by assuming definite base year and the historic year.
By synchronizing with project managers, the team provide the clients on every strategic aspect including product development, key areas of development, application modelling, use of technologies, the acquisition strategies, exploring niche growth opportunities and new markets. It includes the detailed profiles for the Prenatal Genetic Testing Market’s major manufacturers and importers who are influencing the market. To achieve success in the competition of global market place, going for the worldwide Prenatal Genetic Testing Market research report is the key. The report takes into account all the opportunities, challenges, drivers, market structures, and competitive landscape for the clients.
Data Bridge Market Research analyses that the prenatal genetic testing market, which was USD 9,969.2 million in 2022, would rise to USD 29,042.3 million by 2030 and is expected to undergo a CAGR of 14.3% during the forecast period 2023 to 2030.
Explore Further Details about This Research Prenatal Genetic Testing Market Report https://www.databridgemarketresearch.com/reports/global-prenatal-genetic-testing-market
Prenatal Genetic Testing Market Scope and Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2023 to 2030 |
Base Year | 2022 |
Historic Years | 2021 (Customizable to 2015 - 2020) |
Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered | Technology {Diagnostics Methods, Screening Methods}, Screening Techniques (Carrier Screening, Sequential Screening, and Maternal Serum Quad Screening), Diseases (Alzheimer's Disease, Cancer, Cystic Fibrosis, Sickle Cell Anemia, Duchenne Muscular Dystrophy, Thalassemia, Huntington's Disease, Rare Diseases, Other Diseases), End User (Hospitals, Clinics, Diagnostic Centers), Product (Products, Consumables, Assay Kits, Reagents, Disposables, Instruments, Next Generation Sequencing Systems, Polymerase Chain Reaction Instruments, Microarrays, Ultrasound Devices, Other Instruments, Services) |
Countries Covered | U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered | Abbott (U.S.), Siemens Healthineers AG (Germany), Quidel Corporation (U.S.), F. Hoffman-La Roche Ltd. (Switzerland), Danaher. (U.S.), B.D. (U.S.), Chembio Diagnostics (U.S.), Trinity Biotech plc (Ireland), Instrumentation Laboratory (U.S.), Nova Biomedical (U.S.), PTS Diagnostics (U.S.), Sekisui Diagnostics (U.S.), Thermo Fisher Scientific (U.S.), DiaSorin S.p.A (Italy), AccuBioTech Co., Ltd. (China), Meridian Bioscience (U.S.), GeneSTAT Molecular Diagnostics, LLC (U.S.), Terumo Corporation (Japan) and Grifols, S.A (Spain) |
Market Opportunities |
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Market Definition
Prenatal genetic testing is a medical test conducted to diagnose all types of genetic complications or abnormalities before birth during pregnancy. The gene present in the DNA sequence can be identified directly through sequencing or through various other genetic testing methods. Prenatal genetic testing is very useful in identifying congenital disabilities that arise due to hereditary and genetic disorders in the family history.
Global Prenatal Genetic Testing Market Dynamics
Drivers
- Increasing Rate of Genetic Disorders
The rising prevalence rate of genetic diseases and disorders is one of the primary factors boosting the market's growth. For instance, the growing incidence of diabetes in the family history directly boosts the market growth rate. Furthermore, several other genetic diseases such as Edward syndrome, Down syndrome, and Patau syndrome and an increasing geriatric population base susceptible to chronic diseases will rapidly enhance the market growth. Thus, this factor boosts market growth.
- Higher Technological Advancements in Prenatal genetic testing
Increasing product design advancements and quality improvement are major parameters that enhance the market's growth. For instance, Avellino Labs announced the launch of AvaGen, the genetic eye test, in the U.S. in 2021. It is designed to help identify a patient's risk of keratoconus and other corneal dystrophies. These initiatives by major market players are anticipated to boost growth. Thus, this factor boosts market growth.
Opportunities
- Increasing Demand for Cell-Free DNA in Maternal Plasma Tests
The cell-free DNA in maternal plasma tests segment is in higher demand and is boosting market growth. It is increasingly being used in identifying the risk of genetic disorders in prenatal care through numerous genetic analyses. Technological advancements now have extended the range of testing to whole-genome sequencing, and they can detect several additional chromosomal anomalies, such as sex chromosomal abnormalities and microdeletions. Thus, this factor is helping in improving the market growth.
What insights readers can gather from the Prenatal Genetic Testing Market report?
- Learn the behavior pattern of every Prenatal Genetic Testing Market -product launches, expansions, collaborations and acquisitions in the market currently.
- Examine and study the progress outlook of the global Prenatal Genetic Testing Market landscape, which includes, revenue, production consumption and historical forecast.
- Understand important drivers, restraints, opportunities and trends (DROT Analysis).
- Important trends, such as carbon footprint, RD developments, prototype technologies, and globalization
Why choose Data Bridge Market Research?
- Modern technologies, such as artificial intelligence, to provide updated industry growth.
- DBMR team provides clients with the top notch Prenatal Genetic Testing Market research report.
- Interaction with research scientists and development heads to understand the nature of the Prenatal Genetic Testing Market more precisely.
- 24/7 availability of services.
- Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.
DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Prenatal Genetic Testing Market size
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