Press release
Prenatal Testing & Newborn Screening Market Size Forecasted To Achieve $11.08 Billion By 2029 With Steady Growth
Prenatal Testing & Newborn Screening
What Is the Prenatal Testing & Newborn Screening Market Size and Projected Growth Rate?
The prenatal testing & newborn screening market has grown rapidly in recent years. It will increase from $6.24 billion in 2024 to $6.99 billion in 2025, with a CAGR of 12.0%. Key factors driving this growth include advancements in genetic testing, rising maternal age, increased awareness and education, and evolving healthcare policies and regulations.
The prenatal testing & newborn screening market is projected to expand rapidly, reaching $11.08 billion in 2029 at a CAGR of 12.2%. Growth is driven by increasing genetic counseling, improvements in technology, point-of-care diagnostics, and remote healthcare access. Major trends include non-invasive testing methods, genetic preimplantation screening, telemedicine services, maternal blood tests, and screening for blood disorders.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=3350
What Are the Major Segments in the Prenatal Testing & Newborn Screening Market?
The prenatal testing & newborn screening market covered in this report is segmented -
1) By Diagnostic Type: Non-Invasive, Invasive
2) By Technology: Screening Technology, Diagnostic Technology
3) By End user: Hospitals, Diagnostic centers
Subsegments:
1) By Non-Invasive: Blood Tests (Cell-Free DNA Testing), Ultrasound, Maternal Serum Screening
2) By Invasive: Amniocentesis, Chorionic Villus Sampling (CVS), Cordocentesis
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3350&type=smp
What Are The Driving Prenatal Testing & Newborn Screening Market Evolution?
The prenatal testing and newborn screening market is growing due to the high incidence of genetic disorders among infants. Diseases such as sickle cell anemia and cystic fibrosis are especially prevalent in certain ethnic populations. A study by Rady Children's Institute in 2023 found that 41% of infant deaths were linked to Mendelian genetic conditions, underscoring the need for early detection and testing.
Which Firms Dominate The Prenatal Testing & Newborn Screening Market Segments?
Major companies operating in the prenatal testing & newborn screening market include PerkinElmer Inc., Laboratory Corporation of America Holdings (LabCorp), Natera Inc., Invitae Corporation, Centogene AG, Cradle Genomics Inc., Roche Diagnostics International AG, Quest Diagnostics Incorporated, Baebies Inc., Progenity Inc., Ravgen Inc., Strand Life Sciences Pvt. Ltd., Eurofins Scientific, Illumina Inc., Agilent Technologies Inc., Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd., Bio-Rad Laboratories Inc., General Electric Company, Siemens Healthineers AG, BGI Group, QIAGEN N.V., Veracyte Inc., NIPD Genetics, Novacyt UK, Ariosa Diagnostics Inc., Verinata Health Inc., Counsyl a Myriad Company, GenPath Diagnostics, Sonic Healthcare Limited, Cepheid a Danaher Company, Guardant Health Inc., Genetron Health (Beijing) Co. Ltd.
What Trends Are Driving Growth in The Prenatal Testing & Newborn Screening Market?
Companies in the prenatal testing and newborn screening market are developing programs that use rapid Whole Genome Sequencing (rWGS) technology for quick and accurate genetic disorder detection. This allows for early diagnosis and intervention to improve health outcomes. For example, in June 2022, Rady Children's Institute for Genomic Medicine launched BeginNGS, a program designed to identify and diagnose genetic disorders in newborns before symptoms appear.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/prenatal-testing-and-newborn-screening-global-market-report
Which Is The Largest Region In The Prenatal Testing & Newborn Screening Market?
North America was the largest region in the prenatal testing & newborn screening market in 2023. Western Europe was the second largest region in the prenatal testing and newborn screening market. The regions covered in the prenatal testing & newborn screening market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Prenatal Testing & Newborn Screening Market?
2. What is the CAGR expected in the Prenatal Testing & Newborn Screening Market?
3. What Are the Key Innovations Transforming the Prenatal Testing & Newborn Screening Industry?
4. Which Region Is Leading the Prenatal Testing & Newborn Screening Market?
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 Prenatal Testing & Newborn Screening Market Size Forecasted To Achieve $11.08 Billion By 2029 With Steady Growth here
News-ID: 4062012 • Views: …
More Releases from The Business Research Company
Global Trends Overview: The Fast-Paced Evolution of the Seed Protein Supplements …
The seed protein supplements market is gaining significant traction as consumers increasingly seek plant-based nutrition options. With evolving dietary preferences and technological advancements, this sector is poised for remarkable growth through the end of the decade. Below, we explore the market's size, key players, driving factors, trends, and segmentation to understand its future potential.
Projected Expansion of the Seed Protein Supplements Market Size Through 2029
The seed protein supplements market is set…
Market Structure, Emerging Trends, and Key Player Analysis in the Robotic Weldin …
The robotic welding fume extraction system market is rapidly evolving as industries prioritize safer and cleaner working environments. With the increasing use of robotic welding technologies and a focus on sustainable manufacturing, this sector is poised for significant growth. The following overview highlights the market's value projections, key players, prevailing trends, and segmentation details shaping this dynamic industry.
Projected Market Value and Growth Trajectory of the Robotic Welding Fume Extraction System…
Major Industry Participants Reinforcing Their Presence in the Robotic Biobanking …
The robotic biobanking systems sector is experiencing swift advancements, driven by growing needs in precision medicine and large-scale research initiatives. As automation becomes increasingly integral to laboratory operations, this market is set to expand significantly, offering promising opportunities and innovations in the years ahead. Let's explore the market size projections, key players, emerging trends, and segmentation details shaping this dynamic industry.
Expected Growth in the Robotic Biobanking Systems Market by 2029
The…
Global Trends Overview: The Rapid Evolution of the Regenerative Xenograft Market
The regenerative xenograft market is gaining significant traction as advancements in medical technology and rising healthcare demands continue to drive its expansion. This sector is poised for substantial growth, supported by increasing investments in healthcare infrastructure and the broadening use of xenograft materials in various surgical procedures. Let's explore the current market valuation, key players, emerging trends, and segmentation details shaping the regenerative xenograft landscape.
Projected Market Valuation and Growth Forecast…
More Releases for Screening
Mental Health Screening Market Opportunities from AI-Based Screening Tools and S …
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Mental Health Screening Market- By Indication (Physiological Disorders, Psychiatric Disorders Behavioral Disorders Cognitive Disorders), Screening Method (Self-reported Questionnaires & Surveys, Clinical Interviews, Observation-based Assessments, Biomarker Testing)), By Technology, By Age Group, By Setting, By Region, Trends, Industry Competition Analysis, Revenue and Forecast To 2031."
According to the latest research by InsightAce Analytic, the Global Mental Health…
Screening Success: High-Throughput Screening (HTS) Market Insights (2023-2033)
Market Outlook:
The High-Throughput Screening (HTS) Market is poised for significant growth, playing a pivotal role in accelerating drug discovery and development processes. With advancements in automation, assay technologies, and a focus on identifying potential drug candidates efficiently, the market anticipates robust expansion in the adoption of high-throughput screening methodologies. The outlook is characterized by a surge in demand for rapid and cost-effective screening solutions, the integration of artificial intelligence…
Carrier Screening Market: Genetic Health Screening on the Rise | CAGR 13.8%
Allied Market Research recently released 'Global Carrier Screening Market: Outlook and Forecast 2023-2030.' This comprehensive report assesses market risks, identifies emerging opportunities, and offers valuable strategic and tactical decision-making support for the period spanning 2023 to 2030. The market study is thoughtfully segmented by key regions that are pivotal for driving market growth. This report presents insights into market research and development, explores growth drivers, and delves into the evolving…
Alcohol Screening Breathalyzer and Alcohol Screening Device Manufacturer | ALCOF …
ALCOFIND, a DA Tech brand, is a trustworthy and flawless maker of alcohol screening breathalyzer. It includes both an advanced alcohol tester and an alcohol screening device.
DA Tech has dedicated itself to the research and development of sensor-related application solutions since its foundation in 2002, firmly establishing itself as a specialized breathalyser company and emerging as a global leader.
ALCOFIND breathalyser has quality certifications for the world's major breathalyser markets, including…
Cancer Screening Technology Market Update and Forecast to 2025; Breast Cancer Sc …
The Cancer Screening Technology Market recently Published Global Market research study with more than 100 industry informative desk and Figures spread through Pages and easy to understand detailed TOC on “Cancer Screening Technology Market”.
The report provides information and the advancing business series information in the sector to the exchange. The report provides a notion connected to the progress of this market movement of significant players of this industry. An examination…
Prenatal Screening Market | Global Industry Analysis by First-Trimester Screenin …
Prenatal Screening market 2020 with industry size, share, trends, growth, opportunities, key players and forecast by 2025.The global Prenatal Screening market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. Supply Demand Market Research's latest publication, titled global Prenatal Screening market, offers an insightful take on the drivers and restraints present in…
