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 recent study on the Prenatal Testing market aims at illuminating the performance of the Prenatal Testing industry for the forecast period 2020 to 2028. Importantly the research digs deep into the competitive landscape where major vendors and new entrants are trying to keep up with the cut-throat competition worldwide. A thorough analysis of how technology is influencing the developments in the Prenatal Testing market forms an important part of the overall research.
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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
Key reasons to buy the Global Prenatal Testing Market report:
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The latest report comprehensively studies the global Prenatal Testing market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Market Segmentations of the Prenatal Testing Market
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
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Regional Outlook of the Prenatal Testing Market
The global Prenatal Testing market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Prenatal Testing market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
The research provides answers to the following key questions:
- What will be the growth rate of the Prenatal Testing market for the forecast period, 2020 to 2030? What will be the market size and the share occupied by the prominent vendors by the estimated period?
- What are challenges and threats faced by the prominent vendors operating in the Prenatal Testing market?
- Who are the prominent vendors and what has been their business strategy so far to maintain a competitive edge over their competitors?
- What are the past, present and emerging trends likely to influence the growth rate of the Prenatal Testing market for the forecast period, 2022 to 2030?
- What are the opportunities prominent vendors can bank on to generate more profits during the estimated period?
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