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Latest Report on Prenatal Genetic Testing Market Size & Share, Growth, Trends, and Forecast 2017 - 2025

Latest Report on Prenatal Genetic Testing Market Size & Share,

The report analyzes and presents an overview of "Prenatal Genetic Testing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" worldwide.

The objectives of this study are as follows:

To define, describe, and forecast the "Prenatal Genetic Testing" market by type, application, component, delivery model, end user, and region

To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)

To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market

To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders

To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)

To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies

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Currently, in the Western world, political and biomedical systems largely define diseases and health as well as normality and abnormality. Prenatal genetic testing helps detect genetic problems or abnormalities before childbirth or during pregnancy term. A prenatal genetic test is performed to identify birth defects, which are related to syndromes or genetic disorders. The probability of having a birth defect or genetic disorder is likely to be due to a history of genetic disorders running in the parents’ or family’s history. Several genetic disorders or birth defects such as Trisomy 18 and Trisomy 13, and Down syndrome, are chromosome abnormalities that a child acquires by having an extra chromosome in the egg or sperm. Individuals with Down syndrome are disposed to mild mental retardation or cardiac disorder.

Increasing prevalence of genetic disorders such as Patau syndrome, Down syndrome, and Edward syndrome in prenatal is a key factor driving the prenatal genetic testing market. Rising demand for prenatal genetic testing for determining the sex of the fetus before 6 to 8 months gestation and identifying genetic abnormalities in prenatal are other factors that are propelling the prenatal genetic testing market. Moreover, the prenatal genetic testing market is further driven by the increase in R&D activities related to proteomics and genomics, extensive presence of private and public organizations such as the Genomic Health Inc. and National Human Genome Research Institute (NHGRI), and development in technology. Rising methodologies for novel diagnostic technologies and tools and evolving genome profiling techniques such as TaqMan PCR are expected to boost the market at a rapid pace. Moreover, acquisition of small market entrants by leading players and high initial capital investments and strict government regulations for prenatal genetic tests are a few restraints for the prenatal genetic testing market.

The global prenatal genetic testing market can be segmented based on test type, end-user, and geography. Based on test type, the global prenatal genetic testing market can be classified into diagnostic tests and screening tests. Furthermore, the diagnostic tests segment can be further sub-segmented into chronic villi sampling (CVS), triple screen tests, non-invasive prenatal paternity test (NIPP), amniocentesis, placental biopsy, fetal biopsy, and cordocentesis. Moreover, the chronic villi sampling segment can be further split into trans abdominal chronic villi sampling and trans vaginal chronic villi sampling. Based on screening test, the prenatal genetic testing market can be segregated into maternal serum quad screening, sequential screening, and carrier screening. In terms of end user, the global prenatal genetic testing market can be segmented into hospitals, specialty clinics, and diagnostic centers.

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Based on geography, the prenatal genetic testing market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North American dominates the global prenatal genetic testing market due to the presence of advanced technologies such as real-time PCR equipment and multiplex PCR technologies in the region. Moreover, favorable government policies toward proper screening of genetic abnormalities and diagnosis has fueled the prenatal genetic testing market in North America. Asia Pacific is a highly lucrative region for prenatal genetic testing market, due to the rapid development witnessed in the region. Furthermore, emerging economies and easy market penetration in developing countries in Asia are anticipate to boost the prenatal genetic testing market in the near future. According to the Department of Health, Australia, nearly 5% of newborns in Australia have birth defects. This is a major factor boosting the prenatal genetic testing market in Asia Pacific. Moreover, improvements in healthcare services, development of various plans and policies of governments, rising awareness of genetic disease diagnosis, and rising economic development.

Key players operating in the prenatal genetic testing market include Bio-Rad Laboratories Inc., Agilent Technologies Inc., Illumina, Inc., Natera Inc. Myriad Genetics, Inc., and PreventionGenetics.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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