The report “Global
Prenatal Genetic Testing Market to 2024”, By Technology {Diagnostics
Methods (PCR, aCGH, FISH), Screening Techniques (Non-Invasive Prenatal Tests,
Maternal Serum Screening)}; End User (Hospitals, Clinics, Diagnostic Centers);
Geography (North America, Europe, Asia-Pacific, South America, Middle East,
Africa) – Industry Trends and Forecast to 2024
The Global
Prenatal Genetic Testing Market is accounted for USD 7.2 billion in 2016
growing at a CAGR of 28.85% during the forecast period of 2017 to 2024. The
upcoming market reports contain data for historic year 2015, the base year of
calculation is 2016 and the forecast period is 2017 to 2024.
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Market Definition:
Prenatal genetic
testing is done to know the birth defects such as Down syndrome, Trisomy 13,
Trisomy 18 and others that are associated with genetic disorder of an unborn
child before birth or during pregnancy.
On
the basis of geography, prenatal genetic testing market is segmented into key
regions:
·
North
America
·
South
America
·
Europe
·
Asia
Pacific
·
Middle
East & Africa (MEA)
Some of the major countries
covered in this report are U.S., Canada, Germany, France, U.K., Netherlands,
Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia,
Singapore, Saudi Arabia, South Africa, and Brazil among others. North America
is the largest market for prenatal genetic testing and is expected to dominate
the market throughout the forecast period. Asia Pacific is the fastest growing
region in the forecast period.
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Report Segmentation:
On the basis of technology, global
prenatal genetic testing market is segmented into diagnostic methods and
screening. The diagnostic methods are further sub segmented into PCR, aCGH,
FISH. The screening techniques are further sub segmented into non-invasive
prenatal tests and maternal serum screening.
On the basis of screening
techniques, the global prenatal genetic testing market market is segmented into
carrier screening, sequential screening, and maternal serum quad screening.
On the basis of end users, global
prenatal genetic testing market is segmented into hospitals, clinics,
diagnostic centres.
Summary of Market Drivers and Restraints:
·
Increasing prevalence of
genetic diseases such as Down syndrome, Edward syndrome and Patau syndrome and
rising awareness among population.
·
Rising demand for prenatal
testing for identifying genetic abnormalities.
·
Increasing R&D activities
related to genomics and proteomics
·
Increasing approaches for novel
diagnostic techniques and tools
·
Increasing healthcare
expenditure
·
High test costs
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Competitive Analysis of Global Prenatal Genetic
Testing Market:
The prenatal
genetic testing market report is highly fragmented and is based on new
product launches and clinical results of products. Governmental regulations and
standards are playing a major role in sustaining the growth of the market. Hence the major players have used various
strategies such as new product launches, clinical trials, market initiatives,
high expense on research and development, agreements, joint ventures,
partnerships, acquisitions, and others to increase their footprints in this
market. The report includes market shares of prenatal genetic testing market
for global, Europe, North America, Asia Pacific, and South America.
Major Market Competitors:
Global prenatal
genetic testing market is dominated by:
·
Bio-Rad Laboratories Inc.
·
Agilent Technologies Inc.
·
Illumina, Inc.
·
Natera Inc.
·
Abbott
·
Cepheid Inc.
·
ELITech Group
·
Autogenomics
·
Sequenom
·
GeneDx
·
23andMe, Inc.
·
Ambry Genetics
·
Ariosa Diagnostics Inc.
·
Counsyl, Inc.
·
Invitae Corporation
·
Pathway Genomics
·
Progenity, Inc.
·
Verinata Health, Inc., among
others.
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