Prenatal Genetic Testing Market Industry Growth, Development and Demand Forecast to 2030

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Prenatal Genetic Testing Market size was valued at US$ 12.13 Bn in 2023 and is expected to reach US$ 17.76 Bn in 2030. The Global Prenatal Genetic Testing Market is expected to grow at a CAGR of 5.6% through the forecast period.

 Prenatal Genetic Testing Market Overview

Maximize Market Research, a leading Business Consultancy Firm, has released an in-depth analysis of the “Prenatal Genetic Testing Market.” The report provides crucial business insights, including demand analysis, pricing strategies, and a detailed competitive landscape. It presents a thorough examination of the current status of the Prenatal Genetic Testing market, with projections extending into the year.

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Market Growth Estimate:

Prenatal Genetic Testing Market size was valued at US$ 12.13 Bn in 2023 and is expected to reach US$ 17.76 Bn in 2030. The Global Prenatal Genetic Testing Market is expected to grow at a CAGR of 5.6% through the forecast period.

Prenatal Genetic Testing Market Scope and Methodology:

The Prenatal Genetic Testing market report offers extensive information on key factors anticipated to drive industry growth as well as upcoming challenges. This research provides stakeholders with a detailed understanding of the competitive environment, notable product offerings by major companies, and potential investment opportunities within the Prenatal Genetic Testing industry. The analysis covers both qualitative and quantitative aspects of the sector, incorporating a comprehensive evaluation of regional markets for the Prenatal Genetic Testing Market.

The report is constructed using primary and secondary data sources, including government websites, publications, annual reports, and expert evaluations. This methodology ensures an accurate and comprehensive depiction of all critical elements of the Prenatal Genetic Testing Market.

Prenatal Genetic Testing Market Segmentation

The report provides a detailed segmentation of the Prenatal Genetic Testing Market, highlighting key segments and sub-segments to offer a nuanced understanding of market.

By Tests

Diagnostic Tests
Amniocentesis
Chorion villus biopsy
Ultrasonography
Maternal serum markers
Screening Tests
Carrier Screening
Sequential Screening
Maternal Serum Quad Screening

According to Tests: The market is divided into two segments: Screening Tests (which include Carrier Screening, Sequential Screening, and Maternal Serum Quad Screening) and Diagnostic Tests (which include sub-segments such as Amniocentesis, Chorion villus biopsy, Ultrasonography, and Maternal serum markers). During the projected period, the Diagnostic Tests sector is anticipated to increase at a rapid pace, with Non-Invasive Prenatal Testing (NIPT) holding the highest share. This is explained by the fact that NIPT is more common because of its non-invasiveness, decreased risk, and ability to treat a larger variety of illnesses.

By End Users

Hospitals
Specialty clinics
Diagnostic centers

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Prenatal Genetic Testing Market Regional Insights

This report includes a detailed analysis of all relevant parameters such as market size, growth rate, and import/export dynamics by region. The geographical study facilitates an understanding of the Prenatal Genetic Testing market conditions across various nations. The market encompasses regions including Europe, Asia Pacific, Latin America, Africa, and the Middle East, offering a global perspective on market trends and dynamics.

Prenatal Genetic Testing Market Key Players

North America:
1. Bio-Rad Laboratories Inc. [Headquarters: Hercules, California, USA]
2. Agilent Technologies Inc. [Headquarters: Santa Clara, California, USA]
3. Illumina Inc. [Headquarters: San Diego, California, USA]
4. Natera Inc. [Headquarters: San Carlos, California, USA]
5. Myriad Genetics Inc. [Headquarters: Salt Lake City, Utah, USA]
6. PreventionGenetics [Headquarters: Marshfield, Wisconsin, USA]
7. Abbott Laboratories [Headquarters: Abbott Park, Illinois, USA]
8. Thermo Fisher Scientific [Headquarters: Waltham, Massachusetts, USA]
9. QIAGEN [Headquarters: Germantown, Maryland, USA]

Europe:
1. Roche Holding AG [Headquarters: Basel, Switzerland]
2. Eurofins Scientific [Headquarters: Luxembourg]
3. Premaitha Health plc [Headquarters: Manchester, United Kingdom]

Asia Pacific:
1. Strand Life Sciences [Headquarters: Bangalore, India]

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Key questions answered in the Prenatal Genetic Testing Market are:

  • What is Prenatal Genetic Testing?
  • What is the growth rate of the Prenatal Genetic Testing Market?
  • Which are the factors expected to drive the Prenatal Genetic Testing market growth?
  • What is the CAGR at which the Prenatal Genetic Testing market will grow during the forecast period?
  • What are the different segments of the Prenatal Genetic Testing Market?
  • Which is the fastest growing region in the Prenatal Genetic Testing market?

Key Offerings:

  • Market Size, Share, Size Forecast by different segment
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis

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