Prenatal Testing and Newborn Screening Market Applications, Technology, Types, Recent Trends, Future Growth Analysis, In

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Growing prevalence of chromosome syndrome in babies is one of the significant factors influencing the market growth.

The Global Prenatal Testing and Newborn Screening Market size is anticipated to reach USD 10.85 Billion in 2027, registering a CAGR of 12.8% throughout the forecast period. The report studies the factors influencing the growth of the industry in the global market and offers accurate predictions about the growth pattern.

The prenatal testing and newborn screening market is observing high demand attributed to its increasing application in detecting fetal chromosome defects. Prenatal testing is considered superior to other screening modalities, particularly for trisomy 21 (one of the most prevalent congenital anomalies). Prenatal testing enables individuals to make informed decisions as to whether diagnostic testing should be carried out. 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.

The increasing popularity among pregnant women as an alternative to amniocentesis and awareness of genetic problems in the fetus and newborn babies drives prenatal testing and newborn screening market.

The report pays special attention to the key elements of the market, such as drivers, restraints, opportunities, threats, risks, limitations, and other aspects. The report covers a comprehensive analysis of the competitive landscape with a detailed analysis of the company profiles, product portfolio, and business expansion strategies.

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Key Points of Prenatal Testing and Newborn Screening Market:

  • Extensive coverage of the analysis of the Prenatal Testing and Newborn Screening market
  • Key insights into the regional spread of the industry in key geographies
  • Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
  • Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Prenatal Testing and Newborn Screening market
  • Complete data about the key manufacturers and vendors in the Prenatal Testing and Newborn Screening market

Market Drivers:

The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in RD activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.

Emergen Research has segmented the global prenatal testing and newborn screening market on the basis of type, test type, technology, instrument, end-users, and region:

Type Outlook (Revenue, USD Billion; 2017-2027)

  • Prenatal Testing
  • Newborn Screening

Test Type Outlook (Revenue, USD Billion; 2017-2027)

  • Non-Invasive
  • Invasive

Technology Outlook (Revenue, USD Billion; 2017-2027)

  • Mass Spectrometry
  • Electrophoresis
  • Enzyme Immunoassays
  • DNA Assays

Instrument Outlook (Revenue, USD Billion; 2017-2027)

  • Ultrasonography
  • Reagent and Assay Kits
  • Tandem Quadrupole Detector
  • Incubator Shaker
  • Hearing Screen Instruments

End Users Outlook (Revenue, USD Billion; 2017-2027)

  • Hospitals
  • Maternity Specialty Clinics
  • Diagnostic Centers

Regional Analysis:

The report sheds light on the region expected to dominate the Prenatal Testing and Newborn Screening market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Prenatal Testing and Newborn Screening market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/prenatal-testing-and-newborn-screening-market

Leading Companies of the Prenatal Testing and Newborn Screening Industry and Profiled in the Report are:

Abbott Laboratories, Bio-Rad Laboratories, Color Genomics, Edinburgh Genomics, Eurofins Scientific, Agilent Technologies, CRISPR, Illumina Inc., Editas Medicine, and Qiagen NV, among others.

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