Press release
Prenatal And New-born Genetic Testing Market Poised To Reach Us$ 20.9 Billion By 2032 : Global Insight Services
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These tests not only aid in risk assessment but also empower informed decision-making for expectant parents and facilitate early interventions, fostering improved clinical outcomes and personalized healthcare strategies for newborns. The continuous innovation in genetic testing methods, coupled with growing awareness and acceptance, positions the prenatal and newborn genetic testing market at the forefront of improving neonatal care and family planning.
Key Trends
An influential trend shaping the prenatal and newborn genetic testing market is the rapid integration of non-invasive prenatal testing (NIPT) and expanded genetic screening options. NIPT, leveraging cell-free fetal DNA from maternal blood, has gained immense traction due to its high accuracy in detecting chromosomal abnormalities like Down syndrome, without posing risks to the fetus. Moreover, the expanding spectrum of genetic screening panels now encompasses a wider range of genetic conditions, allowing for comprehensive assessment of potential risks early in pregnancy or at birth. This trend reflects a paradigm shift towards more extensive and accurate testing options, empowering parents with valuable genetic information and aiding healthcare providers in delivering tailored interventions and counseling, ultimately contributing to improved perinatal care and better health outcomes for newborns.
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Key Drivers
A primary driver fueling the growth of the prenatal and newborn genetic testing market is the increasing awareness and adoption of precision medicine in reproductive and pediatric healthcare. The growing understanding of genetic factors influencing health and disease susceptibility in newborns, coupled with technological advancements, has propelled the demand for genetic testing during pregnancy and after birth. This trend is further augmented by the rising focus on personalized healthcare, wherein genetic testing provides valuable insights into potential risks of hereditary diseases and developmental disorders. Consequently, expectant parents and healthcare professionals are increasingly embracing genetic testing to assess risks, make informed decisions regarding pregnancies, and enable early interventions, underscoring the pivotal role of genetics in shaping individualized care strategies for both prenatal and newborn stages.
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Market Segmentation : Prenatal and New-born Genetic Testing Market
Prenatal and New-born Genetic Testing Market By Technology : Screening, Diagnostics
Prenatal and New-born Genetic Testing Market By Disease : Downs Syndrome, Cystic Fibrosis, Sickle Cell Anemia, Others
Prenatal and New-born Genetic Testing Market By End-use : Hospitals, Maternity & Specialty Clinics, Diagnostic Centers
Prenatal and New-born Genetic Testing Market By Region : North America : US, Canada, Mexico, Europe : The UK, Germany, France, Italy, Spain, Netherlands, Switzerland, Asia-Pacific : China, India, Japan, South Korea, Australia, Singapore, Indonesia, Rest of Asia-Pacific, Rest of the World : Latin America, Middle East, Africa
Key Players :
Ariosa Diagnostics (Roche)
Berry Genomics
BGI
Biorad
Illumina
Laboratory Corporation of America
Natera
Qiagen
Sequenom
Trivitron Healthcare
Verinata Health
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Website: https://www.globalinsightservices.com/
About Global Insight Services :
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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