Prenatal and Newborn Genetic Testing Market Potential to Grow with $11,204.74 Million by 2027
On basis of product, the global prenatal and newborn genetic testing market was segmented into screening and diagnostics. In 2018, the screening segment held the largest market share of 59.1% of the prenatal and newborn genetic testing market, by product. Moreover, the same segment is also expected to witness the highest CAGR over the coming years owing to the factors such as increasing number of pregnant females adopting prenatal screening, increased mandatory regulations for newborn screening tests and others. Moreover, screens are the first line tests that pregnant and newborn undergo that also adds up to the major share of the market and its dominance in the global market.
Get Sample Copy at https://www.theinsightpartners.com/sample/TIPBT00002550?utm_source=OpenPR&utm_medium=Simran
Key factors driving the growth of the market are a high prevalence of genetic diseases in infants, support from government to promote prenatal and newborn genetic test, and increase the birth rate in various countries across the globe. On the other hand, emerging market in developing countries is likely to offer growth opportunities that are operating in the global prenatal and newborn genetic testing market.
Some of the prominent players operating in prenatal and newborn genetic testing market are, Abbott, Quest Diagnostics Incorporated, Ravgen, Bio-Rad Laboratories, Inc., Illumina, Inc., F. Hoffmann La-Roche Ltd., Qiagen, Berry Gene, PerkinElmer, Inc., Natera, Inc., and Laboratory Corporation of America Holdings (Sequenom) among others. The market players are focused on bringing new and innovative products and services through various inorganic strategies such as acquisitions and mergers to sustain their position in the market. For instance, in September 2016, Laboratory Corporation of America (LabCorp) completed the acquisition of Sequenom, a genetic diagnostic company that offers diagnostic testing applications as well as genetic analysis products. LabCorp aims to establish a footprint into the prenatal and genetic diagnostic testing market through this acquisition.
Global Prenatal and Newborn Genetic Testing Market, By Regions, 2018 (%)
The report segments the global prenatal and newborn genetic testing Market as follows:
Global Prenatal and Newborn Genetic Testing Market – By Product
o Polymerase Chain Reaction
o Fluorescence in-situ Hybridization
o Array-Comparative Genomic Hybridization
o Maternal Serum Screening
o Chronic Villus Sampling
o Non-invasive Prenatal Testing
Inquire for Discount at https://www.theinsightpartners.com/discount/TIPBT00002550?utm_source=OpenPR&utm_medium=Simran
Global Prenatal and Newborn Genetic Testing Market – By Disease Indication
• Cystic Fibrosis
• Sickle Cell Anemia
• Down Syndrome
• Other Diseases
Global Prenatal and Newborn Genetic Testing Market – By End User
• Hospitals & Clinics
• Diagnostic Centers
• Other End Users
Global Prenatal and Newborn Genetic Testing Market – By Geography
• North America
• Asia Pacific (APAC)
o South Korea
• Middle East & Africa (MEA)
o South Africa
o Saudi Arabia
• South & Central America (SCAM)
Emerging Markets in Developing Countries
The emerging markets in the developing countries in the Asia Pacific region are creating better opportunities for the major market players to expand their business. This is a major reason for the market growth in the forecast period. Most of the major players focus on emerging markets such as India, China, and others. As they have a large number of population and technological advancements in these countries also favor the growth of the market.
Furthermore, the growing healthcare sector in this region is likely to enhance the growth opportunities for the prenatal and newborn genetic testing market. For instance, the increasing number of corporate hospitals like Apollo group, Max, Fortis, and others in India is likely increasing professionalism as well as lead to the emergence of the latest medical technology. Max Healthcare offers the prenatal test in India in order to identify as well as prevent the permanent disability in the newborn.
Thus, growing population in emerging countries and advanced healthcare sector in the region is likely to boost the market and is expected to provide significant growth opportunities to the players operating in the market during the forecast period.
Buy this Report now at https://www.theinsightpartners.com/buy/TIPBT00002550?utm_source=OpenPR&utm_medium=Simran
Contact us –
Phone : +1-646-491-9876
Email Id : firstname.lastname@example.org
About Us - The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Prenatal and Newborn Genetic Testing Market Potential to Grow with $11,204.74 Million by 2027 here
News-ID: 1807693 • Views: 557
More Releases from The Insight Partners
E-Commerce Logistics Market 2025 - DHL International GmbH, FedEx Corporation, SF …
The analysis of the global E-Commerce Logistics Market 2025 is an in-depth study of the E-Commerce Logistics industry, which focuses on global market trends. The report aims to provide an overview of the global market for E-Commerce Logistics with detailed market segmentation by product / application and by region. The global market for E-Commerce Logistics is expected to experience strong Growth over the forecast period. "Market Analysis of Global E-Commerce Logistics
Cloud ERP Market trend shows a rapid growth by 2027- Acumatica, Infor, Microsoft …
The cloud ERP market is heavily influenced by driving factors such as growing demand among enterprises to improve operational efficiency and streamline business processes and increasing adoption of cloud-based solutions boosts the market growth. However, the limited customization options for Saas-based and high capex of paas-based ERP and is impacting negatively on the growth of this market in the current market scenario. Cloud ERP is an enterprise resource planning (ERP) software
Artificial Intelligence in Cyber Security Market 2019-2027 Study includes Top Ke …
The Global Artificial Intelligence in Cyber Security Market and Forecast 2019-2025 for primary and secondary research has been implemented while analyzing the different facts and informative data on the global Artificial Intelligence in Cyber Security market. The global market and providing a competitive advantage to global clients through a detailed description of the global Artificial Intelligence in Cyber Security market report. This report focuses on the global key players functioning
Emerging Trends In-vehicle Video Surveillance Market 2027 – Leading Players Au …
According to a new market study entitled "In-vehicle Video Surveillance Market to 2027 - Global Analysis and Forecasts by Deployment Type (On-Premise and Cloud) and Industry Vertical (BFSI, Healthcare & Life Sciences, Retail & Consumer Goods, Manufacturing, Travel & Hospitality, IT & Telecommunication, Media & Entertainment, and Others) and Geography, "explains the report, explaining the key drivers of this growth and highlighting key market players and their evolution. The report
More Releases for Prenatal
Prenatal Vitamin Supplements Market: Rising Incidence of Prenatal Defects to Fue …
The presence of a large number of companies has rendered the global prenatal vitamin supplements market highly competitive. According to a new study by Transparency Market Research (TMR), Garden of Life, Inc., Country Life LLC., Rainbow Light Nutritional System, Inc., Church & Dwight Co., Inc., and Biotics Research Corporation are among the leading companies in the global prenatal vitamin supplements market. Besides product development, a majority of the leading names
Prenatal Vitamin Supplements Market
“The global prenatal vitamin supplements market is expected to gain momentum as leading players forge strategic partnerships,” said a lead TMR analyst. As companies collaborate into a joint venture, they are primarily aiming at introducing brands to customers around the world and development of new products. Spurred by this, the global prenatal vitamin supplements market is forecast to exhibit strong growth between 2016 and 2024. The presence of a large number
Non Invasive Prenatal Testing Market Report 2017
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry–validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, country wise actual and potential market, NIPT test analysis with volume and market revenue and competitive landscape. The report also
Global Non Invasive Prenatal Testing Market
The Potential Non-Invasive Prenatal Testing(NIPT) Market is expected to reach more than USD 4 Billion across the 15 major markets(15MM) by the year end of 2021. Long–term Growth Projection: More than 2.5 Million tests will be conducted by the 11 major NIPT test by the year end of 2021. Non-Invasive Prenatal Testing (NIPT) market size was valued at nearly USD 1 Billion in 2016 and market is expected to grow at the CAGR
United States Non-Invasive Prenatal Testing (NIPT) Market 2023
United States Non-Invasive Prenatal Testing (NIPT) Industry United States Non-Invasive Prenatal Testing (NIPT) Market is likely to reach nearly USD 1 Billion by the year end of 2023. Latest Report on Non-Invasive Prenatal Testing (NIPT) Market United States Analysis & 2023 Forecast Research Study Market growth can be attributed to factors such as rapid penetration of high and average risk NIPT test, high incidence rate of babies born with down syndrome, no risk
Prenatal Vitamin Preparation Market Expected to Dominate Worldwide by 2026
Prenatal vitamin are prescribed during pregnancy and postnatal lactation. Prenatal vitamins comprises of a variety of vitamins and minerals that help baby get nutrients that are essential for healthy growth. Minerals and vitamins such as folic acid, iron and calcium are vital for proper fetal growth and development. Currently, in the US, all obstetricians recommend pregnant women to take prenatal vitamins to avoid and reduce birth defects. Prenatal vitamin also