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Non-Invasive Prenatal Testing Market Research Report by Leading Key Players - BGI, LifeCodexx, Quest Diagnostics Incorporated, Roche, Illumina, Berry Genomics

12-26-2018 05:30 AM CET | Health & Medicine

Press release from: P&S Intelligence

Non-Invasive Prenatal Testing Market Research Report

The global non-invasive prenatal testing (NIPT) market was valued at $563.4 million in 2014, and it is expected to grow with a CAGR of 17.6% during the period 2015 - 2020. The global NIPT market is growing, due to increasing healthcare expenditure. The average maternal age is increasing in high income countries, due to changing pattern of employment, education and marriage, and increasing cost of raising a child. The increase in average maternal age is resulting in the growth of the global NIPT market. Chromosome syndromes are caused, due to chromosomal abnormalities in the humans, which is leading to genetic cause of miscarriage and congenital birth defects. According to the World Health Organization (WHO), each year approximately 3,000 to 5,000 children are born with chromosome disorder. Thus, with the increase in chromosome syndrome cases, the need for early and advance prenatal screening is increasing, which is resulting in increased demand for NIPT.

Explore Report Description With Detailed TOC on “Global NIPT Market” at: https://www.psmarketresearch.com/market-analysis/non-invasive-prenatal-testing-market

Based on test type, the MaterniT21 PLUS segment led the global NIPT market in 2014 with the largest market size. It was the first test introduced in the market for the diagnosis of Trisomy 21, in 2011. However, the NIFTY test segment is expected to grow with the fastest rate, among the various test type segments during the forecast period.

Download Report Sample at: https://www.psmarketresearch.com/market-analysis/non-invasive-prenatal-testing-market/report-sample

However, certain restraints such as strict regulatory requirements and ethical hurdles are hindering the growth of the market. The increasing awareness about NIPT and improving healthcare facilities in developing countries, such as China and India, are laying significant growth opportunities for NIPT market. The Asia-Pacific market is expected to witness the fastest growth (CAGR 18.1%) globally during the period 2015 – 2020.

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The key companies operating in the global NIPT market include Sequenom Inc., BGI, LifeCodexx AG, Quest Diagnostics Incorporated, Hoffmann-La Roche Ltd., Illumina Inc., Berry Genomics Co. Ltd., Laboratory Corporation of America Holdings, and Natera Inc.

GLOBAL NON-INVASIVE PRENATAL TESTING (NIPT) MARKET SEGMENTATION
Global non-invasive prenatal testing (NIPT) market breakdown by test type
• MaterniT21 PLUS
• Harmony
• NIFTY
• Verifi
• Panorama
• PrenaTest
• Others

Global non-invasive prenatal testing (NIPT) market breakdown by geography
• North America- U.S. and Rest of North America
• Europe- U.K., Germany, France and Rest of Europe
• Asia-Pacific- China, India, Japan, and Rest of Asia-Pacific
• Rest of the World (RoW)

About P&S Intelligence
P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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