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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.
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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
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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.
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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?
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