Non-Invasive Prenatal Testing Market to Witness Robust Growth on Account of Growing Chromosomal Abnormalities among Infants By 2027 | Top Keys: PerkinElmer Inc., Natera Inc., F. Hoffmann La Roche Ltd

Research Nester released a report titled “Non-Invasive Prenatal Testing Market: Global Demand Analysis & Opportunity Outlook 2027” which delivers detailed overview of the global non-invasive prenatal testing market in terms of market segmentation by product, by application, by end user and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

Non-invasive prenatal testing is a screening test that helps in the detection of any abnormalities or birth defects that might be present in the fetus. It works by screening or analyzing the free-floating DNA fragments present in the blood of pregnant women. The market for non-invasive prenatal testing is predicted to grow by a CAGR of 12.80% during the forecast period, i.e., 2020-2027.

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The market value is estimated to reach USD 6,406.77 million by 2027 from a value of USD 2,168.79 million in 2018. The market is segmented by product, by application, by end user and by region, out of which, the product segment is further segmented into Elisa kits, next generation sequencing systems and microarray analysis. On the basis of product, the next generation sequencing systems segment is anticipated to observe the highest growth as a result of it being an advanced method for genome sequencing.

The global non-invasive prenatal testing market is segmented by regions into North America, Latin America, Europe, Asia-Pacific and Middle East and Africa, out of which, the markets in North America and Europe are anticipated to hold significantly large shares. This can be attributed to the changing environmental conditions which result in development of various genetic health disorders such as cancers. Moreover, the increasing exposure of x-rays and gamma rays is another factor responsible for market growth in this region.

Early Detection Of Genetic Disorders Made Possible By Non-Invasive Prenatal Testing Technique

According to March of Dimes, about 1 in 150 babies are born with abnormal chromosomal conditions. The disorders arising due to genetic mutations such as Down syndrome develop into serious heart conditions in the later stage of life which require surgical treatments and regular monitoring. In order to prevent this, NIPT screening can be done so as to diagnose the condition at early stages and treat them. This is predicted to be a major growth driver for the market during the forecast period. However, the lack of knowledge about the offered screening and diagnostic tests for Down syndrome, especially NIPT, is anticipated to hinder the market growth.

This report also provides the existing competitive scenario of some of the key players of the global non-invasive prenatal testing market which includes company profiling:
PerkinElmer Inc.,
Natera Inc.,
F. Hoffmann La Roche Ltd.,
Yourgene Health plc,
BGI,
Illumina Inc.,
Agilent Technologies Inc.,
Laboratory Corporation of America Holdings and Quest Diagnostics.

The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global non-invasive prenatal testing market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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This release was published on openPR.