Medical Specialties News

Prenatal and Newborn Genetic Testing Market to Grow at a CAGR of 12.2% to reach US$ 11,204.74 Mn from 2018 to 2027

The prenatal and newborn genetic testing market accounted to US$ 4,034.37 Mn in 2018 and is expected to grow at a CAGR of 12.2% during the forecast period 2019 – 2027, to account to US$ 11,204.74 Mn by 2027.

A Latest intelligence report published by The Insight Partners with title “Prenatal and Newborn Genetic Testing Market Outlook to 2027. A detailed study accumulated to offer Latest insights about acute features of the Prenatal and Newborn Genetic Testing Market. This report provides a detailed overview of key factors in the Prenatal and Newborn Genetic Testing Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. A thorough analysis of these factors including economic slowdown, local & global reforms and COVID-19 Impact has been conducted to determine future growth prospects in the global market.

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Our expert team is consistently working on updated data and information on the key player’s related business processes that value the market. For future strategies and predictions, we provide a special section regarding the COVID-19 situation.

Major Players in Prenatal and Newborn Genetic Testing Market Report Include:

  • Abbott
  • Quest Diagnostics Incorporated
  • Ravgen
  • Bio-Rad Laboratories, Inc.,
  • Illumina, Inc.
  • Hoffmann La-Roche Ltd.
  • Qiagen
  • Berry Gene
  • PerkinElmer, Inc.
  • Natera, Inc.
  • Laboratory Corporation of America Holdings (Sequenom)

PRENATAL AND NEWBORN GENETIC TESTING MARKET SEGMENTATION

Global Prenatal and Newborn Genetic Testing Market – By Product

Diagnostic (Spectrophotometer, Polymerase Chain Reaction, Fluorescence in-situ Hybridization, Array-Comparative Genomic Hybridization)

Screening (Maternal Serum Screening, Chronic Villus Sampling, Amniocentesis, Non-invasive Prenatal Testing)

Global Prenatal and Newborn Genetic Testing Market – By Disease Indication

Cystic Fibrosis

Sickle Cell Anemia

Down Syndrome

Phenyketonuria

Other Diseases

Global Prenatal and Newborn Genetic Testing Market – By End User

Hospitals & Clinics

Diagnostic Centres

Other End Users

The Asia Pacific region market is the leading and the largest market among all regions and is expected to grow with CAGR of 12.8%. The growth in the region is driven by the key factors such as embodiment of favorable reimbursement policies for prenatal and newborn screens by Japanese insurance providers, the high fertility rate in the region, and new government initiatives that support prenatal and newborn screening activities for pregnant females and infants in the region. In addition, rapidly developing healthcare infrastructure, and the presence of leading competitors in the region are also some of the factors contributing to the market growth.

Geographically World Prenatal and Newborn Genetic Testing Market can be classified as North America, Europe, Asia Pacific (APAC), Middle East and Africa and South and Central America. North America has gained a leading position in the global market and is expected to remain in place for years to come. The growing demand for Prenatal and Newborn Genetic Testing Market will drive growth in the North American market over the next few years.

In the last section of the report, the companies responsible for increasing the sales in the Prenatal and Newborn Genetic Testing Market have been presented. These companies have been analyzed in terms of their manufacturing base, basic information, and competitors. In addition, the application and product type introduced by each of these companies also form a key part of this section of the report. The recent enhancements that took place in the global market and their influence on the future growth of the market have also been presented through this study.

Report Highlights:
Comprehensive overview of parent market & substitute market
Changing market dynamics in the industry (COVID & Economic Impact Analysis)
In-depth market segmentation (Trends, Growth with Historical & Forecast Analysis)
Recent industry trends and development activity
Competitive landscape (Heat Map Analysis for Emerging Players & Market Share Analysis for Major Players along with detailed Profiles)

Points Covered in Table of Content of Prenatal and Newborn Genetic Testing Market:

  • Introduction
  • Key Takeaways
  • Research Methodology
  • Prenatal and Newborn Genetic Testing Market Landscape
  • Prenatal and Newborn Genetic Testing Market – Key Market Dynamics
  • Prenatal and Newborn Genetic Testing Market – Global Market Analysis
  • Prenatal and Newborn Genetic Testing Market – Revenue and Forecasts to 2027 – Product Type
  • Prenatal and Newborn Genetic Testing Market – Revenue and Forecasts to 2027 – Application
  • Prenatal and Newborn Genetic Testing Market – Revenue and Forecasts to 2027 – Compound
  • Prenatal and Newborn Genetic Testing Market Revenue and Forecasts to 2027 – Geographical Analysis
  • Industry Landscape
  • Prenatal and Newborn Genetic Testing Market, Key Company Profiles
  • Appendix

Key questions answered:
Who are the Leading key players and what are their Key Business plans in the Prenatal and Newborn Genetic Testing Market?
What are the key concerns of the five forces analysis of the Prenatal and Newborn Genetic Testing Market?
What are different prospects and threats faced by the dealers in the Prenatal and Newborn Genetic Testing market?
What possible measures players are taking to overcome and stabilize the situation?

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Prashant Tambe
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An expert in SEO, Prashant carries an experience of over five years in the industry. He has the ability to analyze global industry trends that helps the leaders to make smarter decisions. An electrical, electronics and communication engineer, Prashant is able to predict future trends as they are changing fast with technological development.