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Prenatal and Newborn Genetic Testing Market, Top key players are World Health Organization, UAE Genetic Diseases Association, and Centre for Arab Genomic Studies, National Health Service (NHS), Centers for Disease Control and Prevention, National Human Ge

08-08-2019 10:33 AM CET | Health & Medicine

Press release from: REPORTSANDMARKETS

Prenatal and Newborn Genetic Testing Market, Top key players

Prenatal and Newborn Genetic Testing Market to 2027 - Global Analysis and Forecasts By Product (Diagnostic, and Screening), Disease (Cystic Fibrosis, Sickle Cell Anemia, Downs Syndrome, Phenylketonuria, and Other Disease), End User (Hospitals and Clinics, Diagnostic Centers, and Other End User) and Geography

The global Prenatal and Newborn Genetic Testing Market is expected to reach US$ 11,204.74 Mn in 2027 from US$ 4,034.37 in 2018. The market is estimated to grow with a CAGR of 12.2% from 2019-2027.

The key factors that are driving the growth of the significant increase in the prevalence of genetic diseases among infants, supportive government for promoting the use of prenatal and newborn testing and increasing birth rate are boosting the market over the years. In addition, the growth
opportunities in emerging markets in developing countries are likely to have a positive impact on the growth of the market in the coming years.
Several types of genetic diseases affect the fetuses in the womb. The way in which these genetic diseases are inherited helps to determine the risk that they pose on pregnancy as well as the risk of its recurrence. The risk of having genetic diseases in babies is high in cases where the parents have another child with a genetic disease, family history of a genetic disorder, or if either of a parent has a chromosomal abnormality. There is a significant prevalence of genetic diseases among infants.
Moreover, these diseases are also responsible for infant mortality across the globe. For instance, according to the World Health Organization 2016, an estimated 7.9 million infants across the world are born with genetic defects. Moreover, according to the Centers for Disease Control and Prevention (CDC), birth defects affect every 1 in 33 babies born in the US. On the other hand, a chromosomal abnormality such as Down syndrome affects 1 in 691 babies born in the US, as per the CDC’s data in 2017. Thus, the high prevalence of genetic diseases among infants account for the increasing demands for prenatal and newborn genetic tests, thereby contributing to the growth of the market.

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Some of the key players operating in this market include: World Health Organization, UAE Genetic Diseases Association, and Centre for Arab Genomic Studies, National Health Service (NHS), Centers for Disease Control and Prevention, National Human Genome Research Institute (US), Florida Department of Health and others.

Global Prenatal and Newborn Genetic Testing Market was segmented by product, disease indication, and end user. The product segment was further divided as diagnostic and screening. On the basis of disease indication, the market is segmented into the cystic fibrosis, sickle cell anemia, Down syndrome, phenylketonuria, and other diseases. Based on the end user, the prenatal and newborn genetic testing market is segmented into hospitals and clinics, diagnostic centers, other end users. The hospitals and clinics held a major market share among the end user segment as they are the primary healthcare centres for all patients.

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This report provides pin-point analysis for changing competitive dynamics

It provides a forward looking perspective on different factors driving or restraining market growth

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It helps in understanding the key product segments and their future

It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors

It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

TABLE OF CONTENT:

1. Introduction

2. Global Prenatal And Newborn Genetic Testing Market - Key Takeaways

3. Research Methodology

4. Global Prenatal And Newborn Genetic Testing- Market Landscape

5. Global Prenatal And Newborn Genetic Testing Market - Key Industry Dynamics

6. Prenatal And Newborn Genetic Testing Market - Global Analysis

7. Prenatal And Newborn Genetic Testing Market Analysis And Forecasts To 2027 - Product

8. Prenatal And Newborn Genetic Testing Market Analysis And Forecasts To 2027 - Disease Indication

9. Prenatal And Newborn Genetic Testing Market Analysis And Forecasts To 2027 - End User

10. Prenatal And Newborn Genetic Testing Market Revenue And Forecasts To 2027 - Geographical Analysis

11. Prenatal And Newborn Genetic Testing Market - Industry Landscape

12. Prenatal And Newborn Genetic Testing Market-Key Company Profiles

13. Appendix

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