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A Deep Dive into Preimplantation Genetic Testing Market 2025: Key Drivers, Growth Factors, and Projections 2025-2034

02-18-2025 06:53 AM CET | Health & Medicine

Press release from: The Business Research Company

Preimplantation Genetic Testing Market

Preimplantation Genetic Testing Market

What Are the Market Size and Growth Forecast for the Preimplantation Genetic Testing Market?
The market size for preimplantation genetic testing has experienced swift expansion lately. The forecast predicts an increase from $0.83 billion in 2024 to $0.92 billion in 2025, representative of a compound annual growth rate (CAGR) of 11.6%. The previous growth was driven by factors such as an increased number of genetic disorders, heightened awareness about genetic testing, more choices for prenatal testing, an increased demand for personalized medicine, and a growing emphasis on preventative healthcare.

A significant surge is projected in the preimplantation genetic testing market in the coming years, potentially reaching a worth of $1.41 billion by 2029 with a compound annual growth rate (CAGR) of 11.2%. This growth within the forecast period can be traced back to factors such as the escalating count of fertility clinics, the upsurge in genetic counseling services, the rise in advanced maternal age, more accessible advanced genetic testing platforms, and a wide range of PGT applications. Prevailing trends within the forecast timeframe are expected to be the integration of advanced sequencing technologies, the application of expanded genetic panels, progress in non-invasive testing methods, improvements in embryo culture systems, and the evolution in genetic editing technologies.

What Is Contributing to the Growth of the Preimplantation Genetic Testing Market?
Advancements in reproductive technology, an increase in infertility rates, and heightened public awareness are driving the growth of in vitro fertilization (IVF) procedures, thereby fuelling the expansion of the preimplantation genetic testing market. This process involves the fertilization of an egg with sperm outside the body to create an embryo, which is then implanted in the uterus. The escalation in IVF procedures is augmenting the need for genetic screening of embryos prior to implantation, providing an impetus to the preimplantation genetic testing market. The Society for Assisted Reproductive Technology, a US-based organization, reported in April 2024, that 91,771 babies were born via IVF in 2022. Consequently, the uptick in IVF procedures is a significant driver for the preimplantation genetic testing market.

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Which Key Market Leaders Are Driving Preimplantation Genetic Testing Industry Growth?
Major companies operating in the preimplantation genetic testing market are Thermo Fisher Scientific, Abbott Laboratories, Laboratory Corporation of America Holdings, Agilent Technologies Inc., Illumina Inc., Revvity Health Science Inc., CooperSurgical Inc., Natera Inc., Progyny Inc., Myriad Genetics Inc., Fulgent Genetics Inc., Invitae Corporation, Takara Bio Inc., MedGenome Labs Ltd., Genea Limited, Ovation Fertility, Juno Genetics Ltd., Invicta Genetics, Progenesis, Bioarray SL, PacGenomics, Reproductive Genetic Innovations LLC, SEQUENCE46 LLC

Which Key Market Leaders Are Driving Industry Growth?
Prominent businesses in the preimplantation genetic testing market are innovating and introducing superior next-generation sequencing (NGS) instruments to improve precision, productivity, and speed in genetic screening. These tools facilitate in-depth analysis and logical choices for potential parents. NGS tools speed up genetic research with fast, high-volume analysis of DNA and RNA, providing in-depth insight into genetic variations and gene expression, enhancing accuracy and making personalized medicine possible. For example, in July 2023, Thermo Fisher Scientific, a biotech firm based in the US, released the Ion ReproSeq PGT-A Kit and the Ion AmpliSeq Polyploidy Kit, state-of-the-art next-generation sequencing tools designed to boost IVF and ICSI research. These tools simplify workflows from specimen processing to aneuploidy analysis with their revolutionary technology on the ion torrent genexus integrated sequencer, indicating a crucial development in the preimplantation genetic testing market by improving embryo screening and increasing success rates in assisted reproductive technologies.

What Are the Main Segments in the Preimplantation Genetic Testing Market?
The preimplantation genetic testing market covered in this report is segmented -

1) By Procedure: Preimplantation Genetic Screening, Preimplantation Genetic Diagnosis
2) By Product: Reagents And Consumables, Instruments, Software
3) By Technology: Next Generation Sequencing (NGS), Polymerase Chain Reaction (PCR), Fluorescent In Situ Hybridization (FISH), Other Technologies
4) By Application: Chromosomal Abnormalities, Aneuploidy Screening, X-Linked Diseases, Embryo Testing, Human Leukocyte Antigen (HLA) Typing, Other Applications
5) By End User: Hospitals, Fertility Centers, Diagnostic Centers, Research Centers And Academic Labs

Subsegments:
1) By Preimplantation Genetic Screening (PGS): Array Comparative Genomic Hybridization (aCGH), Next-Generation Sequencing (NGS), Fluorescence In Situ Hybridization (FISH)
2) By Preimplantation Genetic Diagnosis (PGD): Monogenic Disorders Testing, Chromosomal Abnormalities Testing, HLA Typing for Stem Cell Transplantation

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Which Geographic Area Leads the Preimplantation Genetic Testing Market?
North America was the largest region in the preimplantation genetic testing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the preimplantation genetic testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Preimplantation Genetic Testing Global Market Report?

- Market Size Analysis: Analyze the preimplantation genetic testing Market Size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the preimplantation 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 preimplantation genetic testing market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the preimplantation genetic testing market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

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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.

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