The
global Non
Invasive Prenatal Testing Market size is expected to reach USD 8.16
billion by 2030, according to a new report by Grand View Research, Inc.,
expanding at a CAGR of 10.06% from 2024 to 2030. Increasing incidence of
chromosomal abnormalities is expected to accelerate market growth. Of all the
countries, there is a substantial opportunity in China for non invasive
prenatal screening, with nearly 14.65 million annual births and increasing
number of high-risk pregnancies.
In
addition, India has a heavy burden of genetic diseases. Various studies
suggested that chromosomal abnormalities are found with a frequency of 1 in 166
newborns in the country, while trisomy 21 (Down syndrome) has a high incidence
rate of 1 in 800 births, resulting in the birth of 32,000 newborns with Down
syndrome every year. Families can benefit from accurate and early screening
using NIPT to know about their baby's genetic issue. Thus, this high incidence
rate is anticipated to boost the demand for prenatal tests.
With
lockdowns due to COVID-19, NIPT gained attention because it delivers high
accuracy screening with minimum risk of infection compared to invasive
procedures like chorionic villus sampling and amniocentesis, both of which may
necessitate hospitalization and put patients and medical professionals at risk
of contracting COVID-19 infection. Moreover, there was increased demand for
prescription of NIPTs; however, it was limited to a smaller number of eligible
people due to the lack of infrastructure and adoption of telemedicine
facilities in most countries.
The
reimbursement scenario pertaining to non invasive prenatal testing is highly
variable. However, the support from the government and favorable insurance
policies boost market growth. For instance, in the Netherlands, prenatal
testing expenses are fully reimbursed in the second trimester, leading to
increased adoption of these tests. Increase in government initiatives to
encourage the bio- and pharmaceutical industry in emerging economies such as
India and China is anticipated to boost the demand for noninvasive prenatal
testing solutions and services.
Key
players in the market are focusing on new product development to strengthen
their product portfolios and offer innovative products to customers. In March
2020, Agilent Technologies launched three new microarrays to support prenatal
and postnatal research by cytogenetic laboratories. The probes on the cyto
microarrays offer high-resolution detection of copy number variation and
copy-neutral loss of heterozygosity related to neuropsychiatric disorders,
developmental delay, intellectual disability, and congenital anomalies in
constitutional DNA samples.
Related Press
Release@ Non
Invasive Prenatal Testing Market Report
List of Key Players of Non Invasive Prenatal Testing
Market
- Genesis
Genetics (CooperSurgical, Inc.)
- Natera, Inc.
- Eurofins
LifeCodexx GmbH
- Illumina,
Inc. (Verinata Health, Inc.)
- Centogene
N.V.
- MedGenome
Labs Ltd.
- Myriad
Women’s Health, Inc. (Counsyl, Inc.)
- F.
Hoffmann-La Roche Ltd. (Ariosa Diagnostics)
- Qiagen
- Laboratory
Corp. of America Holdings
- Progenity,
Inc.
- Quest
Diagnostics, Inc.
Non Invasive Prenatal Testing Market
Report Highlights
- By gestation
period, 13-24 weeks dominated the market in 2023 owing to the maximum
number of non-invasive prenatal procedures carried out in the second
trimester of the pregnancy
- The low-risk
pregnancy risk segment is expected to witness significant growth over the
forecast period. Support from the government such as budget assignment for
average-risk pregnancies contributed to the segment growth
- Based on
product, the cell-free DNA in maternal plasma tests segment accounted for
the largest revenue share in 2023. Cell-free DNA is increasingly being
utilized in predicting the risk of genetic disorders in prenatal care via
various genetic analyses
- Asia Pacific
is expected to exhibit the highest CAGR over the forecast period. Rising
maternal age and improving healthcare infrastructure are likely to
strengthen the market growth
- North
America dominated the market in 2023 due to high R&D investments, the
presence of advanced healthcare facilities, and the development of whole
genome sequencing
Non Invasive Prenatal Testing
Market Report Scope
Report Attribute |
Details |
Market
size value in 2024 |
USD 4.59
billion |
Revenue
forecast in 2030 |
USD 8.16
billion |
Growth
rate |
CAGR of
10.06% from 2024 to 2030 |
Base year
for estimation |
2023 |
Historical data |
2018 - 2022 |
Forecast period |
2024 - 2030 |
Request A Free Consultation@ https://www.grandviewresearch.com/request-free-consultation/1840/rfc
Non Invasive Prenatal Testing Market Segmentation
Grand
View Research has segmented the global non invasive prenatal testing market
report based on gestation period, pregnancy risk, method, technology, product,
application, end-use, and region
Non Invasive Prenatal Testing Gestation Period Outlook
(Revenue, USD Million, 2018 - 2030)
- 0-12 Weeks
- 13-24 Weeks
- 25-36 Weeks
Non Invasive Prenatal Testing Pregnancy Risk Outlook
(Revenue, USD Million, 2018 - 2030)
- High &
Average Risk
- Low Risk
Non Invasive Prenatal Testing Method Outlook (Revenue,
USD Million, 2018 - 2030)
- Ultrasound
Detection
- Biochemical
Screening Tests
- Cell-free
DNA in Maternal Plasma Tests
Non Invasive Prenatal Testing Technology Outlook (Revenue,
USD Million, 2018 - 2030)
- NGS
- Array
Technology
- PCR
- Others
Product Outlook (Revenue, USD Million, 2018 - 2030)
- Consumables
& Reagents
- Instruments
Non Invasive Prenatal Testing Application Outlook
(Revenue, USD Million, 2018 - 2030)
- Trisomy
- Microdeletion
Syndrome
- Other
Applications
Non Invasive Prenatal Testing End-use Outlook (Revenue,
USD Million, 2018 - 2030)
- Hospitals
& Clinics
- Diagnostic
Laboratories
Non Invasive Prenatal Testing Regional Outlook (Revenue,
USD Million, 2018 - 2030)
- North
America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Denmark
- Sweden
- Norway
- Asia Pacific
- Japan
- China
- India
- Australia
- South Korea
- Thailand
- Latin
America
- Brazil
- Mexico
- Argentina
- Middle East
and Africa (MEA)
- South
Africa
- Saudi
Arabia
- UAE
- Kuwait
About Us:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
No comments:
Post a Comment