Prenatal Genetic Testing Market Industry Analysis, Share, Size, Recent Trends & Demand And Forecast 2027 | Bio-Rad Laboratories Inc. (US), Agilent Technologies Inc. (US), Illumina, Inc (US), Natera Inc. (US) Abbott (US), Cepheid (US), ELITech Group (France)
Pune, Maharashtra, India, February 01, 2021(Wiredrelease) Data Bridge Market Research: Prenatal Genetic Testing Market report is a Professional and In-Depth Study on the current situation of the global Prenatal Genetic Testing industry with a focus on the market.The Latest research study on Global Prenatal Genetic Testing Market Size, Growth Analysis, Industry Trend, and Forecast to 2027, offers a detailed overview of the factors influencing the global business scope. This report provides future products, joint ventures, marketing strategy, developments, mergers and acquisitions, and effect of the same on sales, marketing, promotions, revenue, import, export, and CAGR values, the industry as a whole, and the particular competitors faced are also studied in the large scale Prenatal Genetic Testing market.
The report offers study of key market dynamics including growth drivers, restraints, and opportunities. Regionally, this report categorizes the production, apparent consumption, export and import of Prenatal Genetic Testing in North America, Europe, China, Japan, Southeast Asia and India.
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Global Prenatal Genetic Testing Market is expected to rise gradually to an estimated value of USD 92.32 billion by 2026, registering a CAGR of 29.2% in the forecast period of 2019-2026 with the annual sales of USD 11.89 billion in year 2018.
Prenatal Genetic Testing Market Scenario:-
Prenatal Genetic Testing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to Prenatal Genetic Testing market
Prenatal testing enables us to detect the problems associated with the pregnancy. 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.
According to World Health Organization, about 2%-5% of all live births, account for up to 30% of pediatric hospital admissions and cause about 50% of childhood deaths in industrialized countries, almost more than half of these deaths could have been avoided with the availability of proper medical equipment and devices for healthcare procedures. This significant number is expected to act as a driver to the market growth.
The Following Manufacturers Are Covered In This Report:
- Bio-Rad Laboratories Inc. (US)
- Agilent Technologies Inc. (US)
- Illumina, Inc (US)
- Natera Inc. (US)
- Abbott (US)
- Cepheid (US)
- ELITech Group (France)
- Autogenomics (US)
- Sequenom (US), GeneDx (US)
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Prenatal Genetic Testing Market Segmented By:
By Screening Techniques
- Carrier screening
- Sequential screening
- Maternal serum quad screening
By End Users
- Hospitals
- Clinics
- Diagnostic centers
By Diseases
- Alzheimer’s Disease
- Cancer
- Cystic Fibrosis
- Sickle Cell Anemia
- Duchenne Muscular Dystrophy
- Thalassemia
- Huntington’s Disease
- Rare Diseases
- Other Diseases
Key Developments in the Market:
- On 7th November 2017, Progenity announced Closing of $125 Million Financing for Prenatal-Women’s Health Genetics and Gastrointestinal/Inflammatory Bowel Disease Precision Medicine. The financing was led by a fund managed by an existing investor, Athyrium Capital Management.
- On 30th April, 2019, HTG Molecular Diagnostics, Inc., a diagnostic company whose mission is to advance precision medicine, announced that it has amended its IVD Test Development and Component Supply Agreement with Illumina, Inc. (Illumina). It will help company to grow in the market.
Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report.
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Global Prenatal Genetic Testing market report has the best research offerings and the required critical information for looking new product trends or competitive analysis of an existing or emerging market. Companies can sharpen their competitive edge again and again with this business report. The report comprises of expert insights on global industries, products, company profiles, and market trends. Users can gain unlimited, company-wide access to a comprehensive catalog of industry-specific market research from this industry analysis report. The worldwide Prenatal Genetic Testing market report examines industries at a much higher level than an industry study.
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The Prenatal Genetic Testing market report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
Market Dynamics Of Prenatal Genetic Testing Market
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
Market Drivers
- 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 approaches for novel diagnostic techniques and tools.
Market Restraints
- High test costs make it unaffordable for the middle class people.
- High skilled professionals are required.
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Research Objectives Of Prenatal Genetic Testing Market Report:
- Competitive landscape of the Prenatal Genetic Testing Market
- Revenue generated by each segment of the Prenatal Genetic Testing market by 2027
- Factors expected to drive and create new opportunities in the Prenatal Genetic Testing Market
- Region that would create lucrative business opportunities during the forecast period.
- Top impacting factors of the Prenatal Genetic Testing
- Which prime data figures are included in the Prenatal Genetic Testing Market report?
- Market size (Last few years, current and expected)
- Market share (Analysis as per different companies)
- Market forecast period
- Market Contributions (Size, Share as per regional boundaries)
- What are the crucial aspects incorporated in the Prenatal Genetic Testing Market report?
- Industry Value Chain
- Consumption Data
- Market Size Expansion
- Key Economic Indicators
Competitive Landscape and Prenatal Genetic Testing Market Share Analysis
Few of the major competitors currently working in the dosage cups market are Bio-Rad Laboratories Inc. (US), Agilent Technologies Inc. (US), Illumina, Inc (US), Natera Inc. (US) Abbott (US), Cepheid (US), ELITech Group (France), Autogenomics (US), Sequenom (US), GeneDx (US), 23andMe, Inc. (US), Ambry Genetics (US), Invitae Corporation (US), Pathway Genomics (US), Progenity, Inc. (US), and few among others.
Global Prenatal Genetic Testing Market: Regional Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2021 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil etc.)
- Middle East and Africa (Egypt and GCC Countries)
How will this Market Analysis Report Benefits You?
- The report offers statistical data in terms of value (US$) as well as Volume (units) till 2027.
- Exclusive insight into the key trends affecting the Prenatal Genetic Testing industry, although key threats, opportunities and disruptive technologies , company overview, revenue shares, strategic overview of Global Prenatal Genetic Testing Market supply and demand.
- The report tracks the leading market players that will shape and impact the Global Prenatal Genetic Testing Market.
- The data analysis present in the Prenatal Genetic Testing report is based on the combination of both historical as well as current growth parameters resources.
- The report helps you to understand the real effects of key market drivers or restrainers on Prenatal Genetic Testing business.
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Primary Respondents
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Reasons to Purchase this Report
- Current and future of global prenatal genetic testing market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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