Carrier Screening Market Insights | Industry Statistics, Emerging Demands, Forecast to 2019 - 2027

Carrier Screening Market: Introduction
• Carrier screening is a genetic test used to determine if a healthy person is a carrier of a recessive genetic disease or a gene for certain genetic disorders. It provides life-lasting information about an individual's reproductive risk and the chances of having a child with a genetic disease.

Report Overview: https://www.transparencymarketresearch.com/carrier-screening-market.html

Key Drivers and Restraints of Global Carrier Screening Market
• Globally, the average age of first time mothers has been increasing, especially in developed countries such as the U.S., England, France, Germany, Italy, and Japan. Financial stability, rise in literacy rates, and social factors are key aspects for advancing maternal age. The risk of fetal chromosomal abnormalities is directly related to the increase in maternal age. According to the American Academy of Family Physicians (AAFP), the risk of fetal chromosomal abnormalities increases gradually up to the age of 30, and rises exponentially beyond that. This growth in average maternal age is estimated to boost the incidence of chromosomal abnormalities, leading to a rise in demand for carrier screening.
• People with the Down syndrome have high risk of contracting Alzheimer's disease, heart defects, pre-leukemia, and hearing issues. Various organizations such as The American College of Obstetricians and Gynecologists (ACOG), International Society for Prenatal Diagnosis, and the U.S. National Society of Genetic Counselors (NSGC) create awareness about precautions and issues pertaining to the fetus. Various organizations are developing new technologies to ensure safety for both the mother and fetus. They are also working on increasing awareness among pregnant women. Furthermore, doctors advise different prenatal and newborn carrier screening tests for pregnant mothers during regular health checkups. This helps create awareness among them. As a result, most of the pregnant women in the U.S. undergo testing for carrier screening.
• Companies operating in the global carrier screening market primarily adopt the next generation sequencing (NGS) approach to detect fetal abnormalities. Continuous efforts are being made by manufacturers to improve the existing technology and introduce a new breakthrough technology in the market. Recent advances in molecular technology have catapulted options for carrier screening from a gene-by-gene evaluation to panels spanning many disorders at one time.
Chain Reaction Technology Segment to Lead Global Carrier Screening Market
• In terms of revenue, the polymerase chain reaction technology segment is expected to capture nearly 50% share of the market by 2027. It is anticipated to be a highly lucrative segment of the global carrier screening market during the forecast period. Different types of polymerase chain reactions (PCR) are being used in prenatal diagnosis genetic testing such as standard PCR, real-time PCR, digital PCR, and RT-PCR. These polymerase chain reactions (PCRs) play an important role in determination of gene expression, microRNA expression, and genotyping. DNA sequencing allows rapid amplification of small fragments of DNA and RNA. The market is primarily driven by the rise in incidence of genetic diseases coupled with better precision and reliability of the technique.
• The carrier screening market is significantly underpenetrated in many countries in Asia such as Japan, India, and China vis-à-vis that in North America and Europe. This can be primarily ascribed to the lack of access to genetic testing and low level of awareness in countries in Asia. The region offers offer immense opportunities for the carrier screening market, led by the presence of a large population base and continuous economic development in countries. High birth rates in India and China are projected to provide a major advantages to developers, provided the tests available are cost-effective. In such a scenario, focusing on these emerging markets is likely to enable prenatal and newborn genetic testing developers and providers to record high growth in revenue.

RequestBrochure: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=76319

Key Players Operating in Global Carrier Screening Market
Manufacturers in the global carrier screening market are increasingly investing in research and development of new and innovative techniques to manufacture advanced products for screening. These players are also focusing on offering highly efficient and reliable products.
Leading companies operating in the global carrier screening market are:
• Eurofins Scientific
• Quest Diagnostics
• Sema4
• Myriad Genetics
• Illumina
• Thermo Fisher Scientific
• Invitae
• OPKO Health
• Fulgent Genetics
Global Carrier Screening Market: Research Scope
Global Carrier Screening Market, by Type
• Expanded Carrier Screening
o Customized Panel Testing
o Predesigned Panel Testing
• Targeted Disease Carrier Screening
Global Carrier Screening Market, by Condition
• Pulmonary
• Hematological
• Neurological
• Others
Global Carrier Screening Market, by Technology
• DNA Sequencing
• Polymerase Chain Reaction
• Microarray
• Others
Global Carrier Screening Market, by End-user
• Hospitals
• Reference Laboratories
• Physician Offices & Clinics
• Others
This intelligence report by TMR is the outcome of intense study and rigorous assessment of various dynamics shaping the growth of the market. TMR nurtures a close-knit team of analysts, strategists, and industry experts who offer clients tools, methodologies, and frameworks to make smarter decisions. Our objective, insights, and actionable analytics provide CXOs and executives to advance their mission-critical priorities with confidence.
The scrutiny of the various forces impacting the dynamics of the market, and key and associated industries, guides enterprises in understanding various consumer propositions. Our clients leverage these insights and perspectives to enhance customer experience in the fast-paced business environment.

Request Customization: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=76319

All our insights and perspectives are broadly based on 4 Pillars or Stages: ASBC-S, which offer an elaborate and customizable framework for the success of an organization. The essence and the roles of these in organizational successes are highlighted below:
• Agenda for CXOs: TMR, through the study, sets the tone for agendas that are pertinent to CEOs, CFOs, CIOs, and other CXO executives of businesses operating in the market. The perspectives help our clients to bridge the gap between agenda and action plan. TMR strives to offer guidance to CXOs to undertake mission-critical activities empowered by various business analysis tools, and boost the performance of the organizations. The perspectives guide you to decide on your own marketing mix that align well with the policies, visions, and mission.
• Strategic Frameworks: The study offers how organizations are setting both short-term and long-term strategic plans. Our team of experts collaborate and communicate with you to understand these to make your organizations sustainable and resilient during tough times. The insights help them decide sustainable competitive advantage for each business units.
• Benchmarking for Deciding Target Markets and Brand Positioning: The assessments in the study provides a scrutiny of marketing channels and marketing mix. Our various teams work synergistically with you to help identify your actual and potential direct, indirect, and budget competition areas. Additionally, the study helps you decide most effective budgets for various processes and promotional activities. Furthermore, the study guides you to set benchmarks for integrating people and processes with the 4Ps of marketing. Eventually, this will empower you to find out unique propositioning strategies and niches.

Covid-19 Analysis: https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=76319

• Business Composability for Sustainability (C-S): Constant strategy planning for sustainability characterizing our C-S framework in the report has become more relevant than before in the face of disruptions caused by pandemics, recessions, boom and bust cycles, and changing geopolitical scenario. The TMR study offers a high level of customization to help you achieve business composability. Composable enterprises are increasingly gaining the attention of CXOs in order to help them combat market volatility. Our analysts and industry experts help you wade through such uncertainties and guide you to become a smart sustainable business in entirety.

More Trending Reports by Transparency Market Research:
https://www.prnewswire.com/news-releases/contraceptives-market-to-gain-valuation-of-us-2-7-bn-by-2028--notes-study-by-tmr-301473001.html

https://www.prnewswire.com/news-releases/pharmacovigilance-market-to-expand-at-cagr-of-8-8-during-forecast-period-observes-tmr-study-301480650.html

Contact
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/

About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

This release was published on openPR.