The latest report provides detailed insights into Prenatal Testing and Newborn Screening market trends, industry trends, consumer trends, market size, market share, market growth, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2022–2028. The report includes profiles of major players in the Prenatal Testing and Newborn Screening market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials. he global prenatal testing and newborn screening market is projected to be worth USD 10.85 Billion by 2027, according to a current analysis by Emergen Research. The prenatal testing and newborn screening market is observing high demand attributed to its increasing application in detecting fetal chromosome defects
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Global Prenatal Testing and Newborn Screening market growth is driven by a variety of factors and trends, primary of which include rising focus by major companies on product/service expansion into new and untapped domestic Prenatal Testing and Newborn Screening markets, rising investments in strategic agreements, and rising competition in the market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is a major trend in an increasing number of developing economies. In addition, availability of favorable government policies and steady economic growth across various regions and countries is resulting in an increasing number of players focusing on leveraging opportunities to drive visibility and increase revenue and profits. Prenatal testing is considered superior to other screening modalities, particularly for trisomy 21 (one of the most prevalent congenital anomalies).
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Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Prenatal Testing and Newborn Screening Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2022 – 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain. Associated fetal chromosomal anomalies typically include the benefit or lack of genetic material that can differ from small segments to small segments of chromosomes to entire chromosomes.
Key Highlights From The Report
- In April 2019, Progenity Inc. made an announcement about the introduction of the Resura Prenatal Test, a non-invasive, personalized prenatal check for monogenetic diseases.
- Ultrasonography is projected to observe a significant growth rate in the forecast period, owing to the ability of the ultrasound diagnosis to detect anomalies in the position of the baby and actions within the womb.
- The hospital held a substantial market share in 2019 due to the growing introduction of non-invasive prenatal testing, coupled with rapid technological developments in newborn screening, the presence of skilled professionals, and better reimbursement scenario.
Region wise performance of the Prenatal Testing and Newborn Screening industry
North America Prenatal Testing and Newborn Screening market growth registered a significant incline in 2022 and this is having major impact on market growth of other major regions. In addition, North America Prenatal Testing and Newborn Screening market growth is expected to continue to remain dominant over other regional markets over the forecast period. Presence of major players in countries in the region is a key factor driving steady change in overall Prenatal Testing and Newborn Screening market trends, and this is expected to continue to support market growth in North America.
Asia Pacific Prenatal Testing and Newborn Screening market growth is expected to register a rapid rate in terms of revenue as compared to other regional markets over the forecast period. China, India, and South Korea accounted for significantly robust Prenatal Testing and Newborn Screening market growth in 2022, and the trend is expected to continue over the forecast period. Factors such as increasing population, favorable government policies and initiatives, and availability of more advanced technologies, services, and offerings in these countries is driving Prenatal Testing and Newborn Screening market growth in Asia Pacific.
Europe Prenatal Testing and Newborn Screening market growth and revenue expansion is expected to remain steady over the forecast period. This can be attributed to robust focus on research and development initiatives by major firms and changing Prenatal Testing and Newborn Screening market trends in countries in other major regions.
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Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Southeast Asia
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
Table of Content
Chapter 1. Methodology & Sources
1.1. Prenatal Testing and Newborn Screening Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Prenatal Testing and Newborn Screening Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Prenatal Testing and Newborn Screening Market Segmentation & Impact Analysis
4.1. Prenatal Testing and Newborn Screening Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Prenatal Testing and Newborn Screening Market indicators analysis
4.2.2. Prenatal Testing and Newborn Screening Market drivers analysis
126.96.36.199. Rapid urbanization and industrialization
188.8.131.52. Stringent government regulations regarding carbon emissions
184.108.40.206. Increasing prevalence of respiratory diseases
220.127.116.11. Rising need to enhance indoor air quality
4.2.3. Prenatal Testing and Newborn Screening Market restraints analysis
18.104.22.168. High cost associated with the maintenance of Prenatal Testing and Newborn Screening products
22.214.171.124. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Prenatal Testing and Newborn Screening Market Revenue Share By Manufacturers
10.2. Mergers & Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.3. Asia Pacific
10.5.1.4. Middle East & Africa
10.5.1.5. Latin America
10.5.2.1. North America
10.5.2.3. Asia Pacific
10.5.2.4. Middle East & Africa
10.5.2.5. Latin America
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The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Prenatal Testing and Newborn Screening industry for the forecast period 2022-2027?
- What are the major driving forces expected to impact the development of the Prenatal Testing and Newborn Screening market across different regions?
- Who are the major driving forces expected to decide the fate of the Prenatal Testing and Newborn Screening industry worldwide?
- Who are the prominent market players making a mark in the Prenatal Testing and Newborn Screening market with their winning strategies?
- Which Prenatal Testing and Newborn Screening industry trends are likely to shape the future of the industry during the forecast period 2022-2027?
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