- HealthTech
- Tuesday, 06 Oct 2020
Latest Update of Asia Pacific Prenatal & Newborn Genetic Testing Market during 2019-2027 | LifeCell, Quest Diagnostics Incorporated, Medgenome, Eurofins Scientific, Metropolis India, SRL Diagnostics
The Asia Pacific Prenatal & Newborn Genetic Testing Market is growing along with the Biotechnology industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.
The Asia Pacific Prenatal & Newborn Genetic Testing market is expected to reach US$ 61.9 Mn in 2027 from US$ 30.6 Mn in 2018. The market is estimated to grow with a CAGR of 8.5% from 2018-2027
Several types of genetic diseases affect the fetuses in the womb. The way in which these genetic diseases are inherited helps to determine the risk that they pose on pregnancy as well as the risk of its recurrence. The risk of having genetic diseases in babies is high in cases where the parents have another child with a genetic disease, family history of a genetic disorder, or if either of a parent has a chromosomal abnormality. There is a significant prevalence of genetic diseases among infants. Moreover, these diseases are also responsible for infant mortality across the globe. Five most common genetic diseases in India affecting the new born are Beta-Thalassemia, Cystic Fibrosis, Sickle Cell Anemia, Spinal Muscular Atrophy and Hemophilia A.
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These genetic diseases place a huge psychological, physical, and socioeconomic burden on patients as well as their families. The most common rare diseases are hemophilia, thalassemia, sickle-cell anemia, auto-immune diseases, lysosomal storage disorders and others. Approximately 80% of rare diseases have identified to be of genetic origin and hence have an impact on children. The government of India (GOI) had constituted committees with the aim of framing a ‘national policy on treatment of 17 rare diseases’.
These factors are expected to offer broad growth opportunities in the Biotechnology industry and this is expected to cause the demand for PRENATAL & NEWBORN GENETIC TESTING in the market.
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PRENATAL AND NEWBORN GENETIC TESTING – MARKET SEGMENTATION
By Test Type
- Prenatal Genetic Testing
- Newborn Genetic Testing
By Product
- Screening
- Maternal Serum Screening
- Non-invasive Prenatal Testing
- Diagnostic
- Chronic Villus Sampling
- Amniocentesis
- Cytogenetic and Pharmacogenetic Testing
By Disease Indication
- Cystic Fibrosis
- Sickle Cell Anemia
- Down Syndrome
- Phenyketonuria
- Recurrent Pregnancy Loss
- Antiphospholipid Syndrome
- Other Diseases
By Technology
- Spectrophotometry
- Polymerase Chain Reaction
- Fluorescence in-situ Hybridization
- Array Competitive Genomic Hybridization
- Others
By End User
- Hospitals & Clinics
- Diagnostic Centres
- Other End Users
By Geography
- Asia Pacific
- China
- Japan
- India
- Indonesia
- Singapore
- Malaysia
- Thailand
- Pakistan
- Bangladesh
- Sri Lanka
- Nepal
Company Profiles
- LifeCell
- Quest Diagnostics Incorporated
- Medgenome
- Eurofins Scientific
- Metropolis India
- SRL Diagnostics
- Sandor Lifesciences Pvt Ltd
- PerkinElmer, Inc.
- Natera, Inc.
- Laboratory Corporation of America Holdings (Sequenom)
- Genes2Me LLP
- Illumina, Inc.
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