The global Prenatal Testing Market is forecasted to be worth USD 8.08 Billion by 2027, according to a current analysis by Emergen Research. Over the forecasted period, the global Prenatal Testing market is anticipated to grow rapidly due to the growing chance of chromosome defects with rising maternal age. Per year about 10.0% to 15.0% of clinically reported pregnancies end in miscarriage, and chromosome defects are found in around 50.0 %. In addition, increasing awareness of the advantages of enhanced testing procedures is expectedto stimulatemarket growth duringthe forecasted period. Besides, the rising enhancement in reimbursement scenario in prenatal testing is likely to fuel the market growth in the forecasted period.
The current COVID-19 pandemic is expected to have an effect on the growth of the Prenatal Testing industry, primarily as a result of movement restrictions and impact on supply and demand due to lockdowns. In the wake of the COVID-19 pandemic, several sectors of the global market have been affected, and Prenatal Testing will likely be among them. Economic slowdown and dynamic changes in demand will further hinder the growth of the sector. The report covers the impact analysis of the COVID-19 pandemic on the overall Prenatal Testing industry.
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Key companies operating in the Prenatal Testing market include:
Quest Diagnostics, GeneDx, Inc., Natera, Inc., Illumina, Inc., Ravgen Inc., Prenatal Paternities, Inc., Ariosa Diagnostics, Inc., Eurofins NTD, Inc., Counsyl, Inc., LabCorp
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Prenatal Testing market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Prenatal Testing Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Prenatal Testing Market Segmentation:
-
Method Outlook (Revenue, USD Billion; 2017-2027)
- Blood or Saliva
- Urine
- Ultrasound
- Amniocentesis
- Chorionic villus sampling
- Percutaneous umbilical blood sampling
-
Test Type Outlook (Revenue, USD Billion; 2017-2027)
- Invasive
- Non-Invasive
-
Application Outlook (Revenue, USD Billion; 2017-2027)
- Microdeletions Symptoms
- Trisomy
- Others
Prenatal Testing Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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