Prenatal and Newborn Genetic Testing Market Size to Hit Eyes USD 14.72 billion by 2031 | CAGR Of 11.5%
Allied Market Research published a report, titled, “Prenatal and Newborn Genetic Testing Market by Product Type (Consumables, Instruments), by Screening (Non-invasive Prenatal Testing, Chronic Villus Sampling, Amniocentesis, Maternal Serum Screening, Others), by Disease (Downs Syndrome, Phenylketonuria, Cystic Fibrosis, Sickle Cell Anemia, others), by End User (Hospital, Maternity and Specialty Clinics, Diagnostic Centers): Global Opportunity Analysis and Industry Forecast, 2021-2031″ According to the report, the global prenatal and newborn genetic testing industry was valued at $4.89 billion in 2021 and is estimated to generate $14.72 billion by 2031, witnessing a CAGR of 11.5% from 2022 to 2031.
The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.
𝐃𝐫𝐢𝐯𝐞𝐫𝐬, 𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐭𝐬, 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬
The rise in prevalence of congenital malformations and genetic abnormalities, the surge in demand for non-invasive prenatal screening, increased unmet healthcare needs, rise in awareness about prenatal and newborn genetic testing, adoption of novel diagnostic methods for screening, improvement in healthcare facilities, and rise in disposable incomes fuel the growth of the global prenatal and newborn genetic testing market. However, the chances of miscarriage due to some of the prenatal testing and high cost of screening methods and diagnostic tests are likely to hinder the global market growth. On the other hand, a rise in incidence of Down’s syndrome, an increase in the number of women with advanced maternal age, a rise in R&D investments in the discovery & development of novel screening methods and the rise in awareness regarding the early detection of diseases will present new growth opportunities for the global prenatal and newborn genetic testing market in the coming years.
𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐆𝐫𝐚𝐩𝐡𝐬 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬 𝐇𝐞𝐫𝐞: https://www.alliedmarketresearch.com/request-sample/12719
𝐓𝐨𝐩 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐏𝐫𝐞𝐧𝐚𝐭𝐚𝐥 𝐚𝐧𝐝 𝐍𝐞𝐰𝐛𝐨𝐫𝐧 𝐆𝐞𝐧𝐞𝐭𝐢𝐜 𝐓𝐞𝐬𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭
- Bio-Rad Laboratories Inc.
- Mettler Toledo
- Thermo Fisher Scientific Inc.
- Abbott Laboratories
- Laboratory Corporation of America Holdings
- BGI Group
- PerkinElmer Inc.
- Natera Inc.
- HoffmannLa Roche AG
- Quest Diagnostics Incorporated
𝐏𝐫𝐞𝐧𝐚𝐭𝐚𝐥 𝐚𝐧𝐝 𝐍𝐞𝐰𝐛𝐨𝐫𝐧 𝐆𝐞𝐧𝐞𝐭𝐢𝐜 𝐓𝐞𝐬𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐜𝐚𝐧 𝐛𝐞 𝐝𝐨𝐧𝐞 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧 𝐬𝐞𝐯𝐞𝐫𝐚𝐥 𝐟𝐚𝐜𝐭𝐨𝐫𝐬, 𝐢𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠:
The research provides detailed segmentation of the global ambulance services market based on, mode of transportation, service type, operating type, and region. The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report.
Based on mode of transportation, the ground ambulance segment held the highest share in 2021, accounting for around three-fifths of the global ambulance services market, and is expected to maintain its lead in terms of revenue during the forecast period. However, the air ambulance segment is expected to register the highest CAGR of 9.5% from 2022 to 2031. The report also discusses the water ambulance segment.
Based on service type, the emergency medical transport segment accounted for the highest share in 2021, holding more than half of the global ambulance services market, and is expected to continue its leadership status during the forecast period. Also, the same segment is estimated to grow at the highest CAGR of 9.1% during the forecast period. The report also analyzes the non-emergency segment.
Based on operating type, the government segment held the highest share in 2021, accounting for more than two-fifths of the global ambulance services market, and is expected to rule the roost during the forecast period. On the other hand, the private segment is estimated to grow at the highest CAGR of 9.2% from 2022 to 2031. The report also analyzes the public-private partnership and other segments.
Based on region, North America held the largest share in 2021, contributing to nearly two-fifths of the global ambulance services market share, and is expected to maintain its lead in terms of revenue during the forecast period. However, the Asia-Pacific region is expected to manifest the fastest CAGR of 9.5% during the forecast period.
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Our Market Research Solution Provides You Answer to Below Mentioned Question:
- Which are the driving factors responsible for the growth of market?
- Which are the roadblock factors of this market?
- What are the new opportunities, by which market will grow in coming years?
- What are the trends of this market?
- Which are main factors responsible for new product launch?
- How big is the global & regional market in terms of revenue, sales and production?
- How far will the market grow in forecast period in terms of revenue, sales and production?
- Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
- How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
- Which region has more opportunities?
By Region Outlook
- North America
(U.S., Canada, Mexico) - Europe
(Germany, France, UK, Italy, Spain, Rest of Europe) - Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific) - LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
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