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Global Preimplantation Genetics Diagnosis (PGD) Market Analysis Report 2019 by Size, Share, Growth and Assessment to 2022

01-14-2019 05:57 PM CET | Health & Medicine

Press release from: Allied Market Research

Global Preimplantation Genetics Diagnosis (PGD) Market

Preimplantation genetic diagnosis (PGD) also referred to as embryo screening, is a branch of genetics involves in genetic testing of the embryo through In-Vitro Fertilization (IVF). PGD eliminates the risk of selective pregnancy termination for couples who are at substantial risk of transferring serious genetic, chromosomal or hereditary disorders such as spinal muscular atrophy and cystic fibrosis.

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Preimplantation Genetic Diagnosis Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $121 million by 2022, registering a CAGR of 6.14% during the period 2016-2022.

Around 30 to 60% of the human embryos have chromosomal abnormalities. They usually occur in women aged 40 and above. Moreover, chromosomal abnormalities are also seen in working women due to the hectic lifestyle patterns which increase the demand of various diagnostic procedures including PGD.

According to the World Health Organization (WHO), around 48.5 million couples worldwide were unable to conceive a child in 2010. Furthermore, increasing risk of fatal genetic, hereditary, and chromosomal diseases such as Duchenne muscular dystrophy, down syndrome, cystic fibrosis, triploidy, and thalassemia promote patients to opt for PGD thereby, boosting the market growth worldwide.

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Furthermore, an increase in awareness about the innovative and advanced application of PGD in developing countries such as China and India offers enormous opportunities for market growth. A rise in awareness about the various genetic disorders and chromosomal abnormalities have increased the demand for diagnostic procedures including PGD.

Based on geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Geographically, Europe holds the highest potential to generate major revenue of the global market accounting for about 31.8% share in 2015. While Asia-Pacific is the fastest growing region registering a CAGR of 6.7%.

Key Findings of Preimplantation Genetics Diagnosis Market Study:

Around 30% to 60% of the human embryos have chromosomal abnormalities. Chromosomal abnormalities in the embryo usually occur in the women aged 40 or over.

Almost 33% of the top strategies were merger and acquisition; whereas, business expansion, partnership, and product launch accounted for 25%, 22.22%, and 19.44% respectively of the overall key strategies.

Pricing of PGD tests is expected to witness a decline with an increase in the volume of PGD testing

Chromosomal Abnormalities test generates the largest share in terms of revenue for PGD market

HLA Typing and Gender Selection based tests are the two fastest-growing segments within Preimplantation Genetics Diagnosis market.

The key market players are F. Hoffmann-La Roche AG, Reprogenetics, LLC, Genea Limited, Illumina, Inc., Laboratory Corporation of America Holdings, Natera, Inc., PerkinElmer, Inc., Quest Diagnostics Incorporated, Genesis Genetics Ltd., and Reproductive Genetics Innovations LLC.

Chapter: 1 INTRODUCTION

1.1 Report Description
1.2 Key Benefits
1.3 Key Market Segments:
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY
2.1 CXO perspective

Chapter: 3 MARKET OVERVIEW

3.1 Market definition and scope
3.2 Key findings
3.2.1 Top impacting factor
3.2.2 Top winning strategies
3.2.3 Top investment pockets
3.3 Porters five forces analysis
3.3.1 Low bargaining power of suppliers due to a large number of suppliers and moderate switching cost
3.3.2 Moderate bargaining power of buyers due to a large number of buyers, high product dependency and moderate switching cost.
3.3.3 Moderate threat of substitutes due to ease of substitution, a moderate price war, and high brand loyalty
3.3.4 Low threat of new entrants due to the presence of dominant players and high investment cost and legal barriers
3.3.5 Presence of numerous players, high growth rate and high economic base increases the competition among rivalries
3.4 Drivers
3.4.1 Effective solution for the healthy embryos
3.4.2 Increasing infertility rate and genetic, hereditary and chromosomal diseases
3.4.3 Innovative and wide range of applications such as the development of savior siblings and gender selection among others
3.5 Restraints
3.5.1 Stringent regulations and ethical concerns
3.5.2 High cost incurred and risk involved in PGD
3.6 Opportunities
3.6.1 Increasing adoption of PGD in developing countries

About Us:-

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact Us:-

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#205, Portland, OR 97220
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India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

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