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Preimplantation Genetic Testing Market Analysis and Key Insights 2022, Competitor Analysis - Illumina, CooperSurgical, Oxford Gene Technology, Thermo Fisher Scientific, Rubicon Genomics, Agilent Technologies, Natera, Abbott Laboratories, PerkinElmer, and
Preimplantation genetic testing or Preimplantation genetic diagnosis is a way in which the embryos organized by in vitro fertilization are examined for defects before implantation. Preimplantation genetic testing permits physicians to identify the defects present inside the embryos and selectively implant embryos within the uterus, which increases the possibilities of delivering a genetically healthful baby. Preimplantation genetic testing facilitates human beings to keep away from the hereditary issues that succeed in the circle of relatives to be carried into the baby. The Preimplantation techniques involve numerous steps just like the series of eggs from the mom or egg donor which can be later in vitro fertilized.
Global Preimplantation Genetic Testing Market Size:
The global preimplantation genetic testing market is expected to reach USD 541.8 Million by 2022 from USD 336.4 Million in 2017, at a CAGR of 10.0%.
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Drivers and Restraints:
The important drivers that pressure the market growth include technological improvements in the discipline of genetic evaluation and an excessive chance of chromosomal abnormalities with expanded maternal age. Similarly, factors such as infertility troubles among men and women also fuel the growth of the market. The increasing prevalence of infertility around the arena, developing support from public and private corporations on this subject, growing medical facilities catering to patients with fertility issues, advancing era within the discipline of genetics, consciousness about chromosomal anomalies with developing age of mother are all the factors that can be attributed to the growth of Preimplantation genetic testing market. But, excessive expenses associated with the process and damaging government regulations restrain the boom of the market.
Geographic Segmentation
Geographically, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. North America and Europe account for the largest share of the market revenue. This dominant position is attributable to high awareness among the people and presence of several key players imparting preimplantation genetic testing offerings.
Some of the prominent players of the market include Illumina, Inc., Yikon Genomics, CooperSurgical, Oxford Gene Technology, Inc., Thermo Fisher Scientific, Inc., Rubicon Genomics, Inc., Agilent Technologies, Inc., Natera, Inc., Abbott Laboratories, PerkinElmer, Inc., and SciGene Corporation.
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Scope of the report
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
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