(Health-NewsWire.Net, November 09, 2017 ) According to the report Global Non-Invasive Prenatal Testing Market, published by Market Data Forecast, the global market was worth USD 1.46 billion in 2016 and it is projected to reach USD 3.01 billion by 2021, at a CAGR of 15.6% from 2016 to 2021.
Non-Invasive Prenatal Testing (NIPT) is a genetic test that screens for inherited diseases and birth defects. It involves a serum screening and invasive diagnostic testing that analyses the DNA, known as cell-free DNA(cf-DNA) to precisely estimate a baby’s risk for a variety of genetic disorders, such as Down syndrome. It consists of common testing procedures include amniocentesis, serum biomarker testing, ultrasonography including nuchal translucency ultrasound, or genetic screening.
The gender of a foetus can also be determined using NIPT. Non- Invasive Prenatal Testing is used to identify the most common chromosome anomalies like Down Syndrome (Trisomy 21), Edwards Syndrome (Trisomy 18), and the Patau Syndrome (Trisomy 13). In some cases, these tests are done to determine if the fetus will be aborted, though physicians and patients also find it useful to diagnose high-risk pregnancies early so that delivery can be scheduled in a tertiary care hospital where the baby can receive appropriate care. Get a comprehensive overview of the Global Non-Invasive Prenatal Testing Market: http://www.marketdataforecast.com/market-reports/non-Invasive-prenatal-testing-market-2818/
Global Non-Invasive Prenatal Testing Market: Drivers & Restraints Introduction of newer and more advanced NIPT products, growing preference for non-invasive techniques over invasive methods, increasing awareness programs, increasing risk of chromosomal abnormalities in babies with growing maternal age and favourable reimbursement for NIPT, increasing maternal age and untapped emerging markets are the major factors driving the growth of the market. However, projected NIPT-related price erosion and lack of professionals are restraining the growth of this market.
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Global Non-Invasive Prenatal Testing Market: Segmentation • By Instruments o PCR o Ultrasound o NGS o Microarray • By Method o FCMB o Cell-Free DNA (cf-DNA) • By Application o Trisomy o Microdeletion o Genetics o Rh factor
• By End User o Hospital o Diagnostic Labs
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at http://www.marketdataforecast.com/market-reports/non-Invasive-prenatal-testing-market-2818/customize-report
Global Non-Invasive Prenatal Testing Market: Overview A gradual shift in the upper ceiling for the global average of maternal age and the rise in the incidence of down syndrome in new born have boosted demand to a significant level. In addition, expansion of coverage by payers to low & average-risk pregnancies over the forecast period in order to save on amniocentesis and the treatment of down Syndrome is anticipated to enhance the penetration of NIPT products, consequently influencing revenue generation. On the other hand, companies playing a pivotal role are focusing on the development of novel technology for determining chromosomal aberrations in the cf DNA (cell free DNA) sample.
Global Non-Invasive Prenatal Testing Market: Region-wise Outlook The market has been geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. North America leads the market in 2016, with the U.S. accounting for a major share. North America’s lead is justified by the presence of high-end technology, it being a developed market combined with the growing incidence of genetic abnormalities. Europe comes in second in terms of market share owing to the rising awareness and establishment of MIPT procedures. However, Asia-Pacific is estimated to grow at the highest CAGR during the forecast period majorly because of the presence of exponentially greater population numbers.
Key Questions Answered • What is the current and future Global Non-Invasive Prenatal Testing Market? What trends are affecting the Global market? • What is the competitive landscape and market share of major players in the Global Non-Invasive Prenatal Testing market? • What are the key, high growth markets that Non-Invasive Prenatal Testing equipment should expand into? Which market segments are growing the fastest? • What are the unmet needs with the Non-Invasive Prenatal Testing currently on the market? How will emerging technologies fulfil these unmet needs? • What is physician perception and market outlook of the Non-Invasive Prenatal Testing? • What are the challenges and barriers that have hindered widespread adoption of Non-Invasive Prenatal Testing?
Global Non-Invasive Prenatal Testing Market: Key Players The Global Non-Invasive Prenatal Testing market is very much disjointed in nature with the existence of international and local players. The significant players in the Global Non-Invasive Prenatal Testing market are GE Healthcare, Koninklijke Philips N.V., Illumina, Inc., Thermo Fisher Scientific, Inc., F. Hoffmann-La Roche Ltd., Pacific Biosciences of California, Inc., PerkinElmer, Inc., QIAGEN N.V., Agilent Technologies, Inc., and Beijing Genomics Institute.
Reasons to buy Global Non-Invasive Prenatal Testing Market Report: • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering • Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics • Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses • A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies • Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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