Prenatal Testing Market enables us to detect the problems associated with the pregnancy. Prenatal genetic testing is done to know the birth defects such as Down syndrome, Trisomy 13, Trisomy 18 and others that are associated with genetic disorder of an unborn child before birth or during pregnancy.
According to World Health Organization, about 2%-5% of all live births, account for up to 30% of pediatric hospital admissions and cause about 50% of childhood deaths in industrialized countries, almost more than half of these deaths could have been avoided with the availability of proper medical equipment and devices for healthcare procedures. This significant number is expected to act as a driver to the market growth.
Prenatal Genetic Testing Market is expected to rise gradually to an estimated value of USD 92.32 billion by 2026, registering a CAGR of 29.2% in the forecast period of 2019-2026 with the annual sales of USD 11.89 billion in year 2018.
Prenatal Genetic Testing Market report has been formulated with a meticulous market analysis that is performed by a team of industry experts, skilful analysts, dynamic forecasters and knowledgeable researchers. The market study of this report estimates the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. This Prenatal Genetic Testing Market report is the best source to bring about unparalleled insights and acquaintance of the best market opportunities into the relevant markets. Additionally, businesses can accomplish great benefits with this information to come to a decision on their production and marketing strategies.
Market Drivers and Restraints:
Increasing prevalence of genetic diseases such as down syndrome, edward syndrome and patau syndrome and rising awareness among population.
Rising demand for prenatal testing for identifying genetic abnormalities.
Increasing approaches for novel diagnostic techniques and tools.
High test costs make it unaffordable for the middle class people.
High skilled professionals are required.
The major players covered in the Prenatal Genetic Testing Market
Few of the major competitors currently working in the dosage cups market are Bio-Rad Laboratories Inc. (US), Agilent Technologies Inc. (US), Illumina, Inc (US), Natera Inc. (US) Abbott (US), Cepheid (US), ELITech Group (France), Autogenomics (US), Sequenom (US), GeneDx (US), 23andMe, Inc. (US), Ambry Genetics (US), Invitae Corporation (US), Pathway Genomics (US), Progenity, Inc. (US), and few among others.
Major TOC Of The Report
Chapter One: Prenatal Genetic Testing Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Prenatal Genetic Testing Market Competition, by Players
Chapter Four: Global Prenatal Genetic Testing Market Size by Regions
Chapter Five: North America Prenatal Genetic Testing Market Revenue by Countries
Chapter Six: Europe Prenatal Genetic Testing Market Revenue by Countries
Chapter Seven: Asia-Pacific Prenatal Genetic Testing Market Revenue by Countries
Chapter Eight: South America Prenatal Genetic Testing Market Revenue by Countries
Comprehensive pricing analysis based on different product types and regional segments
Market size data in terms of revenue and sales volume
Deep insights about regulatory and investment scenarios of the Prenatal Genetic Testing Market
Analysis of market effect factors and their impact on the forecast and outlook of the Prenatal Genetic Testing Market
The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the Prenatal Genetic Testing Market
A roadmap of growth opportunities available in the Prenatal Genetic Testing Market with the identification of key factors
The exhaustive analysis of various trends of the Prenatal Genetic Testing Market to help identify market developments
Key Questions Answered in Report:
What is the key to the Prenatal Genetic Testing Market?
What will the Prenatal Genetic Testing Market Demand and what will be Growth?
What are the latest opportunities for Prenatal Genetic Testing Market in the future?
What are the strengths of the key players?
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