openPR Logo
Press release

Frost & Sullivan: Five Million Pregnancies Every Year Represents a Large Market for Prenatal Tests in the United States

11-20-2011 02:18 AM CET | Health & Medicine

Press release from: Frost & Sullivan

The desire to have healthy babies and the availability of fetal treatment options encourages parents-to-be to request prenatal tests

MOUNTAIN VIEW, Calif. – Nov. 18, 2011 – Prenatal testing for fetal defects will become critical as the risk of chromosomal abnormality increases with maternal age and women are commonly delaying motherhood. Prenatal microarray detects serious chromosomal abnormalities at a resolution that surpasses that of traditional karyotyping. While prenatal microarray still requires an invasive procedure such as an amniocentesis, pregnant women will have non-invasive prenatal diagnostics available to them in the near future.

New analysis from Frost & Sullivan’s (http://www.clinicaldiagnostics.frost.com) Strategic Analysis of the U.S. Prenatal Testing Market research finds that the market earned revenues of $1.28 billion in 2010 and estimates this to reach $1.59 billion in 2017. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: maternal serum screen, nuchal translucency (NT) ultrasound, karyotype, prenatal fluorescent in situ hybridization (FISH), and prenatal chromosomal array.

If you are interested in more information on this research, please send an email to Britni Myers, Corporate Communications, at britni.myers@frost.com, with your full name, company name, title, telephone number, company email address, company Web site, city, state and country.

“Chromosomal abnormalities and other birth defects contribute to infant mortality in the United States and, therefore, early detection is important for healthy pregnancies and births,” said Frost & Sullivan Industry Analyst Winny Tan, Ph.D. “New prenatal screening options with improved detection rates for Down Syndrome have been effective in stratifying at-risk patients and lowering the number of invasive procedures for further diagnostic testing.”

Currently, the compliance rate for prenatal care is suboptimal. Individual attitudes that reflect religious beliefs or personal values help to explain why only 60 percent to 70 percent of pregnant women in the United States receive prenatal care. To increase compliance rates for prenatal care, test providers must focus on patient outreach, healthcare access and test reimbursement.

“For instance, the number of NT ultrasounds grew by 30 percent when the current procedural terminology (CPT) codes for the prenatal procedures were established,” said Tan. “Additionally, the American College of Obstetricians and Gynecologists' (ACOG) practice guidelines has influenced obstetricians and insurance companies to reimburse certain tests and procedures.”

Apart from patient-centric efforts, test providers must understand the demographic segmentation of their patients and expand their sales force and team of genetic counselors in pockets with high patient concentration.

“Prenatal diagnostic markets hold potential for sequencing technologies in the next decade, particularly in non-invasive prenatal diagnostics,” said Tan. “Understanding the current dynamics of the U.S. prenatal market will help determine the strongest applications for new technologies in this space.”

Strategic Analysis of the U.S. Prenatal Testing Market is part of the Clinical Diagnostics Growth Partnership Services program, which also includes research in the following markets: U.S. Preimplantation Genetic Diagnostics Market, U.S. Inherited Disease Molecular Diagnostics Market, EU Fetal and Neonatal Monitoring Equipment Market, and Advances in Fetal and Neonatal Diagnostics and Monitoring. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

Strategic Analysis of the U.S. Prenatal Testing Market
N940

Contact:
Britni Myers
Corporate Communications – North America
P: 210.477.8481
F: 210.348.1003
E: britni.myers@frost.com

http://www.frost.com

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

Frost & Sullivan
331 E. Evelyn Ave. Suite 100
Mountain View, CA 94041

Britni Myers
Corporate Communications
britni.myers@frost.com
210-477-8481

This release was published on openPR.

Permanent link to this press release:

Copy
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 Frost & Sullivan: Five Million Pregnancies Every Year Represents a Large Market for Prenatal Tests in the United States here

News-ID: 201243 • Views:

More Releases from Frost & Sullivan

As a Third Generation of Technology Emerges, Where is the Robotic Assisted Surge …
Funding and investment create tremendous growth opportunities for robotic assisted technology, finds Frost & Sullivan’s Transformational Health Team SANTA CLARA, CA. – November 21, 2016 – Today, only 5 percent of U.S. surgery procedures are performed with a robotic assisted surgical device (RASD). New market entrants are expanding the genre of surgical procedures currently available. Further, bundled payments could make robot-assisted surgical procedures more cost effective than conventional surgical techniques. Success,
Biometric Wearables to Disrupt the Automotive Industry
Tremendous growth opportunities arise as automakers partner with technology providers, finds Frost & Sullivan’s Intelligent Mobility team London – November 16, 2016 – Advancements in biometrics will radically transform the driving experience, health wellness and wellbeing (HWW), and security of vehicles by 2025. As one in three new passenger vehicles begin to feature fingerprint recognition, iris recognition, voice recognition, gesture recognition, heart beat monitoring, brain wave monitoring, stress detection, fatigue monitoring,

More Releases for Prenatal

Unlocking the Future of Prenatal Care: Insights into the Australia Non-Invasive …
Australia's NIPT market is growing as more parents choose safe, early screening for chromosomal abnormalities. Driven by rising maternal age, advanced sequencing technology, and increasing awareness, NIPT offers high accuracy without invasive procedures. As labs expand test panels and policymakers consider broader reimbursement, NIPT is reshaping prenatal care, making comprehensive and reliable insights accessible to expecting families across Australia. The Australian non-invasive prenatal testing (NIPT) market is undergoing remarkable growth, transforming
Newborn And Prenatal Genetic Testing Market Size Analysis by Application, Type, …
USA, New Jersey- According to Market Research Intellect, the global Newborn And Prenatal Genetic Testing market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period. The market for infant and prenatal genetic testing is anticipated to expand at a compound annual growth rate (CAGR) of 10.5% between
Revolutionizing Prenatal Care: Insights into the Growing Non-Invasive Prenatal T …
Mordor Intelligence has published a new report on the Non-invasive Prenatal Testing Market, offering a comprehensive analysis of trends, growth drivers, and future projections. The global non-invasive prenatal testing (NIPT) market is projected to expand significantly, with expectations to grow from USD 3.90 billion in 2025 to USD 7.35 billion by 2030, reflecting a compound annual growth rate (CAGR) of 13.5%. This growth is primarily attributed to
Prenatal Diagnostics Market Companies Overview 2019 - 2027
Global Prenatal Diagnostics Market: Overview Prenatal diagnostics is a procedure for testing the fetus before birth to determine certain hereditary disorders such as Down's syndrome, genetic diseases, chromosome abnormalities, neural tube defects, and other conditions. In case of high risk related to the birth of a child, it can assist by conducting numerous procedures of genetic testing common testing, and screening. Report Overview @ https://www.transparencymarketresearch.com/prenatal-diagnostics-market.html The global prenatal diagnostics market is segmented on
Non-Invasive Prenatal Testing Market : Lucrative Opportunities
Non-Invasive Prenatal Testing Market: Introduction Transparency Market Research has published a new report titled 'Global Non-Invasive Prenatal Testing Market'. According to the report, the global non-invasive prenatal testing market was valued at approximately US$ 1.3 Bn in 2018. The global non-invasive prenatal testing market is expected to expand at a CAGR of 16.4% during the forecast period from 2019 to 2027. Overview Rise in prevalence of chronic conditions, such as cancer and diabetes,
Prenatal Vitamin Supplements Market: Rising Incidence of Prenatal Defects to Fue …
Global Prenatal Vitamin Supplements Market: Overview Prenatal vitamins are the mineral and vitamin supplements used by during their pregnancy for the healthy development of the fetus. Prenatal vitamins are also recommended by doctors before conception and post conception lactation period. These vitamins are like other common man multivitamins but with different concentration of vitamins and some special vitamins required during pregnancy. Most of these vitamins are prescribed as regulated by U.S.