Prenatal Testing And Newborn Screening Market 2023 Analysis By Size, Share, Growth, Trends Up To 2032 | PerkinElmer, Progenity, Laboratory Corporation of America Holdings (Sequenom), Natera

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Prenatal Testing And Newborn Screening Global Market Report 2023 identifies the high prevalence of genetic diseases in infants contributed to the growth of the prenatal testing and newborn screening market. According to the World Health Organization, genetic disease includes diseases such as Thalassemia, Sickle Cell Anaemia, Haemophilia, Cystic Fibrosis, Tay Sachs disease, Fragile X Syndrome, Huntington's disease. The sickle cell anaemia is one of the genetic diseases that affects millions throughout the world, and the disease is particularly common among people whose ancestors are from Africa, America, Cuba, Central America, Saudi Arabia, and India.

The global prenatal testing & newborn screening market grew from $5.04 billion in 2022 to $5.65 billion in 2023 at a compound annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The prenatal testing & newborn screening market is expected to grow from $8.87 billion in 2027 at a CAGR of 11.9%.

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Major players in the prenatal testing and newborn screening market are PerkinElmer, Progenity, Laboratory Corporation of America Holdings (Sequenom), Natera, Invitae, Centogene, Cradle Genomics, Roche Diagnostics, Quest Diagnostics and Baebies.

A key trend in the Prenatal Testing And Newborn Screening market includes the use of machine learning and artificial intelligence is gradually gaining popularity in the prenatal testing and newborn screening market. Artificial intelligence (AI) is the simulation of human intelligence in machines. Machine learning is a part of AI. Machine learning and AI help companies in the prenatal testing and newborn screening market to conduct a detailed analysis of all relevant data, provide insights about different diseases, and offer a more accurate evaluation of tissue samples.

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The Prenatal Testing And Newborn Screening market is segmented -
1) By Diagnostic Type: Non-Invasive, Invasive
2) By Technology: Screening Technology, Diagnostic Technology
3) By End user: Hospitals, Diagnostic centers

By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Prenatal Testing And Newborn Screening market.

The Business Research Company's "Global Prenatal Testing And Newborn Screening Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Prenatal Testing And Newborn Screening Market Include:
1. Executive Summary
2. Prenatal Testing And Newborn Screening Market Characteristics
3. Prenatal Testing And Newborn Screening Market Trends And Strategies
4. Prenatal Testing And Newborn Screening Market - Macro Economic Scenario
5. Prenatal Testing And Newborn Screening Market Size And Growth
……
27. Prenatal Testing And Newborn Screening Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Prenatal Testing And Newborn Screening Market
29. Prenatal Testing And Newborn Screening Market Future Outlook and Potential Analysis
30. Appendix

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