Prenatal Diagnostics Global Market Report 2023: Conventional Invasive Techniques Loose Sheen, Presenting Opportunities for Innovation


Dublin, March 09, 2023 (GLOBE NEWSWIRE) -- The "Prenatal Diagnostics: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Prenatal Diagnostics Market to Reach $14.2 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Prenatal Diagnostics estimated at US$4.7 Billion in the year 2022, is projected to reach a revised size of US$14.2 Billion by 2030, growing at a CAGR of 14.7% over the analysis period 2022-2030. Non-Invasive, one of the segments analyzed in the report, is projected to record 18.3% CAGR and reach US$10.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Invasive segment is readjusted to a revised 7.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 20.8% CAGR

The Prenatal Diagnostics market in the U.S. is estimated at US$1.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.6 Billion by the year 2030 trailing a CAGR of 20.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.9% and 12.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.6% CAGR.

Select Competitors (Total 43 Featured) -

  • ANGLE Plc
  • Berry Genomics Co. Ltd.
  • BGI Genomics
  • F. Hoffmann-La Roche Ltd.
  • Hologic Inc.
  • Illumina Inc.
  • Laboratory Corporation of America Holdings
  • Lifecodexx AG
  • Natera Inc.
  • Quest Diagnostics Inc.
  • Ravgen Inc.
  • Sequenom Inc.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages194
Forecast Period2020 - 2027
Estimated Market Value (USD) in 2020$4 Billion
Forecasted Market Value (USD) by 2027$9.3 Billion
Compound Annual Growth Rate12.8%
Regions CoveredGlobal


Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Prenatal Testing: An Introductory Prelude
  • Recent Market Activity
  • The Rationale for Prenatal Genetic Testing
  • Steady Growth Projected Over the Coming Years for Prenatal Testing
  • Developed Regions: Primary Revenue Contributors
  • Fast Paced Growth Forecasts in Developing Regions
  • Northbound Trajectory in Healthcare Spending Creates Conducive Environment
  • Prevailing Economic Scenario Favors Increased Healthcare Spending
  • Progressive Momentum in Med Tech Sector Generates Parallel Opportunities
  • Prenatal Diagnostics - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Non-Invasive Prenatal Testing (NIPT) Transforms Prenatal Testing Landscape
  • Major Factors Influencing Penetration of NIPT
  • NIPT Eliminates Risks & Uncertainty of Conventional Procedures
  • Replacing Screening Tests - A More Conceivable Change through NIPT
  • Diversity in NIPT Usage on the Cards
  • Benefits Outweigh Snags in NIPT Tests
  • Whole Genome Sequencing Technology in NIPT
  • DNA - More Ideal Target for NIPT Analysis than Whole Cells
  • Conventional Invasive Techniques Loose Sheen
  • Chromosomal Abnormalities Lead the Prenatal Testing Space
  • Chromosomal Abnormalities - A Substantial Economic Burden
  • List of Genetic Disorders by Event, Genetic Manifestation and Prevalence
  • Significant Opportunities in Down's Syndrome Testing
  • List of Select Screening Tests Available for T21 Screening and Confirmation
  • Beyond Down's Syndrome - Need to Test Additional Targets Crucial
  • Trisomy 18 or Edward's Syndrome
  • Trisomy 13 or Patau Syndrome
  • Cystic Fibrosis Screening and Diagnosis
  • Cystic Fibrosis Screening Market - Highly Fragmented
  • ACOG and ACGM Recommendations Boost Demand for Prenatal CF Testing
  • Prenatal Testing Crucial to Detect Risk of Huntington's Disease
  • Increasing Congenital Disorder Incidence - Key Driver for Prenatal Diagnostics
  • Prenatal Testing - Effective Way of Alleviating Syphilis Related Deaths and Stillbirths
  • Molecular Diagnostics Widen Scope & Span of Prenatal Testing
  • NGS & MPS - Enabling Shorter Time to Test Results
  • Microarray-Based Prenatal Testing Gathers Steam
  • Sequencing in Prenatal Testing - A Potential High Growth Market
  • Ultrasound - An Indispensable Combination with Blood Based Screening Tests
  • New Sub-Targets on the Anvil for Ultrasound-Based Screening
  • Counseling - An Imperative Measure Before and After Prenatal Testing
  • Role of Prenatal Testing in Managing Preterm Births
  • Lower Sensitivity & Specificity of Existing Tests - A Case for New Tests on the Anvil
  • High Sensitivity Serum Tests May Not Have Many Takers
  • Ballooning Global Female Population Offers Increased Growth Opportunities
  • Issues & Challenges
  • Prenatal Diagnostics: Treading Sensitive Ethical Issues
  • Controversy Related to "Incidental Findings" of Prenatal Tests
  • Opposition to NIPT Technique - A Significant Hurdle to Adoption
  • Unresolved Issues Hamper Widespread Testing for Monogenetic Disease
  • Dearth of Genetic Counselors - A Major Hurdle for Genetic Testing

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

A selection of companies mentioned in this report includes

  • ANGLE Plc
  • Berry Genomics Co. Ltd.
  • BGI Genomics
  • F. Hoffmann-La Roche Ltd.
  • Hologic Inc.
  • Illumina Inc.
  • Laboratory Corporation of America Holdings
  • Lifecodexx AG
  • Natera Inc.
  • Quest Diagnostics Inc.
  • Ravgen Inc.
  • Sequenom Inc.

For more information about this report visit https://www.researchandmarkets.com/r/18prpo

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Global Market for Prenatal Diagnostics

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