Prenatal Testing Market Size, Share, Industry Growth, Trend, Business Opportunities, Challenges, Drivers and Restraint Research Report by 2027

 


Prenatal Testing market for the forecast period 2020 - 2027 brings to light data on production capability, consumption capacity, spending power, investment feasibility, and technology innovation.

The market is poised to expand exponentially over the projected timeframe due to the escalating incidences of chromosomal defects with the rising maternal age. Every year nearly 10-15% of clinically reported pregnancies end in miscarriages, with chromosomal defects observed in approximately 50% of cases.

The Prenatal Testing Market is expected to be valued at USD 8.08 Billion by 2027 from USD 3.23 Billion in 2019, registering a CAGR of 12.9% through the forecast period.

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Major players in the global market include Quest Diagnostics, Natera, Inc., GeneDx, Inc., Illumina, Inc., Prenatal Paternities Inc., Ravgen Inc., Ariosa Diagnostics, Inc., Counsyl, Inc., LabCorp, and Eurofins NTD Inc., among others.

Key Highlights from Report:

-          Quest Diagnostics acquired Blueprint Genetics Oy in January 2020. The consolidation of Blueprint Genetics into the Quest Diagnostics’ portfolio will expand and improve the Quest Value Proposition, contributing to its accelerated development schedule.

For the purpose of this report, Emergen Research has segmented the Global Prenatal Testing Market on the basis of method, test type, application, end-use, and region:

Regional Analysis of the Prenatal Testing Market Includes:

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)

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