The global Prenatal Testing Market is forecasted to be worth USD 8.08 Billion by 2027, according to a current analysis by Emergen Research. Over the forecasted period, the global Prenatal Testing market is anticipated to grow rapidly due to the growing chance of chromosome defects with rising maternal age. Per year about 10.0% to 15.0% of clinically reported pregnancies end in miscarriage, and chromosome defects are found in around 50.0 %. In addition, increasing awareness of the advantages of enhanced testing procedures is expectedto stimulatemarket growth duringthe forecasted period. Besides, the rising enhancement in reimbursement scenario in prenatal testing is likely to fuel the market growth in the forecasted period.
The Prenatal Testing market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry.
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Competitive Terrain:
The global Prenatal Testing industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Quest Diagnostics, GeneDx, Inc., Natera, Inc., Illumina, Inc., Ravgen Inc., Prenatal Paternities, Inc., Ariosa Diagnostics, Inc., Eurofins NTD, Inc., Counsyl, Inc., LabCorp
The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
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Market Overview:
The report bifurcates the Prenatal Testing market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
-
Method Outlook (Revenue, USD Billion; 2017-2027)
- Blood or Saliva
- Urine
- Ultrasound
- Amniocentesis
- Chorionic villus sampling
- Percutaneous umbilical blood sampling
-
Test Type Outlook (Revenue, USD Billion; 2017-2027)
- Invasive
- Non-Invasive
-
Application Outlook (Revenue, USD Billion; 2017-2027)
- Microdeletions Symptoms
- Trisomy
- Others
The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Points Covered in This Section:
- Regional contribution
- Estimated revenue generation
- Vital data and information about the consumption rate in all the leading regional segments
- An expected rise in market share
- Forecast growth in the overall consumption rate
Key Objectives of the Report:
- Analysis and estimation of the Prenatal Testing market size and share for the projected period of 2020-2027
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Prenatal Testing market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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