openPR Logo
Press release

Government Initiatives Boost Growth In Prenatal And Newborn Genetic Testing Market: A Key Factor Shaping the Future of the Prenatal And Newborn Genetic Testing Market in 2025

02-07-2025 07:22 AM CET | Health & Medicine

Press release from: The Business Research Company

Prenatal And Newborn Genetic Testing Market

Prenatal And Newborn Genetic Testing Market

What Are the Projections for the Size and Growth Rate of the Prenatal And Newborn Genetic Testing Market?
The prenatal and newborn genetic testing market has expanded rapidly in recent years. It will grow from $6.68 billion in 2024 to $7.61 billion in 2025, at a CAGR of 13.9%. This growth is attributed to improved non-invasive prenatal testing, the rising maternal age, government support and healthcare policies, and patient demand for early detection.

The prenatal and newborn genetic testing market is expected to reach $12.04 billion by 2029, at a CAGR of 12.1%. Growth is due to the expansion of genetic test panels, increasing maternal health awareness, updated prenatal and newborn screening guidelines, a growing focus on rare diseases, and ethical and regulatory considerations. Major trends include non-invasive prenatal testing (NIPT), whole-genome sequencing (WGS), artificial intelligence (AI) integration, preimplantation genetic testing (PGT), and direct-to-consumer genetic testing.

What Are the Main Catalysts for Growth in the Prenatal And Newborn Genetic Testing Market?
Government initiatives and support for prenatal testing and newborn genetic screening are set to contribute to the expansion of the prenatal and newborn genetic testing markets. Government initiatives are specific programs, policies, or actions taken at various levels to support the well-being of citizens. In the context of prenatal and newborn genetic testing, these initiatives help identify genetic conditions or abnormalities in fetuses during pregnancy or in newborns shortly after birth. For example, in June 2022, the Australian government committed $1.3 million per year to the New South Wales (NSW) newborn screening program. This funding allows free screening tests for severe combined immunodeficiency (SCID) and spinal muscular atrophy (SMA), benefiting around 100,000 newborns annually and potentially saving the lives of up to 13 babies diagnosed with these conditions. Thus, government support for prenatal and newborn genetic screening is fostering the growth of these markets.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13158&type=smp

Which Businesses Are at the Forefront of Prenatal And Newborn Genetic Testing Market Development?
Major companies operating in the prenatal and newborn genetic testing market report are F. Hoffmann-La Roche AG, Novartis AG, Sanofi S.A., Thermo Fisher Scientific Inc., Abbott Laboratories, Danaher Corporation, Siemens Healthineers AG, Becton, Dickinson and Company, Quest Diagnostic Incorporated, Agilent Technologies Inc., Grifols S.A., Terumo Corporation, Illumina Inc., PerkinElmer Genomics, Quidel Corporation, Bio-Rad Laboratories Inc., Qiagen NV, Werfen S.A., DiaSorin S.p.A, Nova Biomedical, BGI Group, Natera Inc., Trinity Biotech PLC, Meridian Bioscience Inc., Sekisui Diagnostics, Chembio Diagnostics, PTS Diagnostics, Ariosa Diagnostics Inc., AccuBioTech Co. Ltd., Sequenom Inc.

What Are the Latest Innovations in the Prenatal And Newborn Genetic Testing Market?
Leading companies in the prenatal and newborn genetic testing markets are prioritizing the development of innovative screening tests, such as noninvasive prenatal screening tests, to enhance accessibility and affordability, ensuring reliable services for customers. Noninvasive prenatal screening (NIPS) or noninvasive prenatal testing (NIPT) is an advanced and safe genetic testing method conducted during pregnancy to detect potential fetal chromosomal abnormalities. For example, in November 2022, Juno Diagnostics Inc., a US-based healthcare technology firm, introduced Juno Hazel, a noninvasive prenatal screening test that identifies chromosomal abnormalities and delivers clinical insights. The test employs a sample collection kit, eliminating the need for phlebotomy, thereby improving accessibility. The company intends to collaborate with physicians and genetic counselors to offer educational resources and personalized genetic counseling support.

How Is the Prenatal And Newborn Genetic Testing Market Segmented?
The prenatal and newborn genetic testing market covered in this report is segmented -

1) By Product Type: Consumables, Instruments
2) By Screening: Non-Invasive Prenatal Testing, Chronic Villus Sampling, Amniocentesis, Maternal Serum Screening, Other Screenings
3) By Disease: Down Syndrome, ket*onuria, Cystic Fibrosis, Sickle Cell Anemia
4) By End User: Hospital, Maternity And Specialty Clinics, Diagnostic Centers

Subsegments:
1) By Consumables: Reagents And Assays, Sample Collection Kits, Test Kits
2) By Instruments: Polymerase Chain Reaction (PCR) Machines, Sequencers, Microarray Analyzers

Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/prenatal-and-newborn-genetic-testing-global-market-report

Where Is the Prenatal And Newborn Genetic Testing Market Growth Most Prominent?
North America was the largest region in the prenatal and newborn genetic testing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the prenatal and newborn genetic testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

What Is Covered In The Prenatal And Newborn Genetic Testing Global Market Report?

- Market Size Analysis: Analyze the Prenatal And Newborn Genetic Testing Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Prenatal And Newborn Genetic Testing Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Prenatal And Newborn Genetic Testing Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Prenatal And Newborn Genetic Testing Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13158

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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 Government Initiatives Boost Growth In Prenatal And Newborn Genetic Testing Market: A Key Factor Shaping the Future of the Prenatal And Newborn Genetic Testing Market in 2025 here

News-ID: 3855661 • Views:

More Releases from The Business Research Company

Leading Companies Solidify Their Presence in the Silicone Structural Glazing Market
Leading Companies Solidify Their Presence in the Silicone Structural Glazing Mar …
The silicone structural glazing market is positioned for significant expansion in the coming years, driven by advances in building technology and increased environmental awareness. This sector is evolving rapidly as demand grows for more energy-efficient and aesthetically appealing architectural solutions. Let's explore the market's current size, key players, emerging trends, and the main segments that are shaping its future. Silicone Structural Glazing Market Value Forecast Through 2030 The market for silicone
Future Prospects: Key Trends Shaping the Self-Healing Concrete Market up to 2030
Future Prospects: Key Trends Shaping the Self-Healing Concrete Market up to 2030
The self-healing concrete market is capturing significant attention as innovations and sustainability demands rise in construction. This sector is set to experience remarkable growth due to advancements in materials and technology, shaping the future of durable and intelligent infrastructure solutions. Let's explore the market's size, key players, emerging trends, and segment outlook to understand its trajectory. Projected Market Size and Growth Prospects for the Self-Healing Concrete Market The self-healing concrete market
Analysis of Key Market Segments Driving the ROS-Based Robot Industry
Analysis of Key Market Segments Driving the ROS-Based Robot Industry
The ROS-based robot market is positioned for substantial growth as robotics technology continues to advance rapidly. With increasing innovation in software, hardware, and AI integration, this sector is set to transform multiple industries by 2030. Below, we explore the market's future size, leading companies, key trends, and segmentation details to understand its evolving landscape. Projected Market Size and Expansion of the ROS-Based Robot Market The ROS-based robot market is anticipated to
Global Trends Overview: The Rapid Evolution of the Robotic Panelized Home Builder Market
Global Trends Overview: The Rapid Evolution of the Robotic Panelized Home Builde …
The robotic panelized home builder market is positioned for impressive growth in the coming years as automation and robotics increasingly transform construction processes. Driven by technological advancements and expanding prefab housing projects, this market is set to reshape how homes are built with greater speed and efficiency. Let's explore the market's size, leading companies, emerging trends, and key segments that are shaping its future. Strong Growth Forecast for the Robotic Panelized

All 5 Releases


More Releases for Test

Key Differences Between Megger Test, Tan Delta Test, and Hi-Pot Test for Electri …
Electrical insulation plays a critical role in ensuring the safety and efficiency of electrical systems. To assess the condition of insulation and identify potential issues, three common tests are used: the Megger test, Tan Delta test, and Hi-Pot test. Each test serves a unique purpose and provides valuable insights into the state of electrical insulation. Here's a closer look at the differences between these three essential tests. Megger Test: Insulation Resistance
Vitamin Test Market: Global Vitamin Test Analysis and Forecast (2023-2029)Vitami …
12.04.2024: Vitamin Test Market Overview The development of companion diagnostic tools and advances in personalised treatment are driving considerable growth and revolution in the oncology Vitamin Test market. In the era of precision medicine, where healthcare is increasingly customised for individual individuals based on their own genetic and molecular profiles, this market segment is essential. Ongoing innovation and development define the oncology Vitamin Test market. To find particular biomarkers, genetic mutations,
CAGR 8.1% Homecare Pregnancy Test Kits Market By Type of Test (Urine Test For H …
The Homecare Pregnancy Test Kits market report by Reports and Data provides an extensive overview of the vital elements of the Homecare Pregnancy Test Kits market and factors such as the drivers, restraints, latest trends, supervisory scenario, competitive landscape, technological advancements, and others. Further, it mentions the market shares associated with the market in terms of both value and volume along with the segmentation. Space-age industrial and digitalization tools are
Home Safety Test Kits Market, Home Safety Test Kits Market Trends, Home Safety T …
“Home Safety Test Kits Market” 2020-2025 Research Report is a professional and in-depth study on the current state of the market. Global Home Safety Test Kits market containing a complete view of the market size, business share, profit estimates, SWOT analysis and the regional landscape of the Industry. The report explains key challenges and future development prospects of the market. The Global Home Safety Test Kits analysis is provided for
Test Data Management (TDM) Market - test data profiling, test data planning, tes …
The report categorizes the global Test Data Management (TDM) market by top players/brands, region, type, end user, market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors. This report studies the global market size of Test Data Management (TDM) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption
Hearing Screening and Diagnostic Devices Market Demands with Major Tests: pure T …
New Market Research Reports Title "Hearing Screening And Diagnostic Devices Market 2018" Has Been Added to Crystal Market Research Report database. Hearing Screening and Diagnostic Devices - Competitive Insights: The leading players in the market are Gn Otometrics A/S, Otodynamics, Nashua Hearing Group, Siemens Healthineers, Natus Medical Incorporated, Interacoustics A/S, Neurosoft S.A, Accent Hearing Pty Ltd, MAICO Diagnostics GmbH and IntriCon Corporation. The major players in the market are profiled in detail