Prenatal and Newborn Genetic Testing Market Trend Shows a Rapid Growth With Key Players Like Abbott, Qiagen, Berry Gene, PerkinElmer

Prenatal and Newborn Genetic Testing Industry Report focuses on Market Influence Factors, Growth Drivers, Restraints, Trends and Opportunities so that Market Players can face any challenges and take advantage of Lucrative Prospects available in the Global Prenatal and Newborn Genetic Testing market.

The global prenatal and newborn genetic testing market accounted to US$ 4,034.37 Mn in 2018 and is expected to grow at a CAGR of 12.2% during the forecast period 2019 - 2027, to account to US$ 11,204.74 Mn by 2027.

Some of the key players profiled in the study are Abbott, Quest Diagnostics Incorporated, Ravgen, Bio-Rad Laboratories, Inc., Illumina, Inc., F. Hoffmann La-Roche Ltd., Qiagen, Berry Gene, PerkinElmer, Inc., Natera, Inc., Laboratory Corporation of America Holdings (Sequenom), etc.

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Prenatal and Newborn Genetic Testing Market Overall Study Report 2020-2027
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 affects every 1 in 33 babies born in the US. On the other hand, chromosomal abnormalities 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.

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.

Important Key questions answered in Prenatal and Newborn Genetic Testing market report:
• What will the market growth rate, Overview, and Analysis by Type of Prenatal and Newborn Genetic Testing in 2027?
• What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in Prenatal and Newborn Genetic Testing market?
• What is Dynamics, This Overview Includes Analysis of Scope and price analysis of top Manufacturers Profiles?
• Who Are Opportunities, Risk, and Driving Force of Prenatal and Newborn Genetic Testing market? Knows Upstream Raw Materials Sourcing and Downstream Buyers.
• Who are the key manufacturers in space? Business Overview by Type, Applications, Gross Margin, and Market Share
• What are the opportunities and threats faced by manufacturers in the global market?

The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the global landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Prenatal and Newborn Genetic Testing market. The researcher provides an extensive analysis of the Prenatal and Newborn Genetic Testing market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.

Competitive scenario:
The study assesses factors such as segmentation, description, and applications of Prenatal and Newborn Genetic Testing industries. It derives accurate insights to give a holistic view of the dynamic features of the business, including shares, profit generation, thereby directing focus on the critical aspects of the business.

Scope of the Report
The research on the Prenatal and Newborn Genetic Testing market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Prenatal and Newborn Genetic Testing market on the basis of end user, product type, application, and demography for the forecast period 2021–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

PRENATAL AND NEWBORN GENETIC TESTING MARKET – MARKET SEGMENTATION
Global Prenatal and Newborn Genetic Testing Market – By Product
• Diagnostic
o Spectrophotometer
o Polymerase Chain Reaction
o Fluorescence in-situ Hybridization
o Array-Comparative Genomic Hybridization
• Screening
o Maternal Serum Screening
o Chronic Villus Sampling
o Amniocentesis
o Non-invasive Prenatal Testing
Global Prenatal and Newborn Genetic Testing Market – By Disease Indication
• Cystic Fibrosis
• Sickle Cell Anemia
• Down Syndrome
• Phenyketonuria
• Other Diseases
Global Prenatal and Newborn Genetic Testing Market – By End User
• Hospitals & Clinics
• Diagnostic Centres
• Other End Users
By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o France
o Germany
o UK
o Spain
o Italy
• Asia Pacific (APAC)
o China
o India
o Japan
o Australia
o South Korea
• Middle East & Africa (MEA)
o Saudi Arabia
o South Africa
o UAE
• South America (SAM)
o Brazil
o Argentina

Major highlights of the report:
All-inclusive evaluation of the parent market
Evolution of significant market aspects
Industry-wide investigation of market segments
Assessment of market value and volume in past, present, and forecast years
Evaluation of market share
Study of niche industrial sectors
Tactical approaches of market leaders
Lucrative strategies to help companies strengthen their position in the market

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