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2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
Which Primary Drivers Are Supporting the Continued Market Growth of thePrenatal Testing & Newborn Screening Market?
The high prevalence of genetic diseases among infants has led to the growth of the prenatal testing and newborn screening market. Genetic diseases such as Thalassemia, Sickle Cell Anemia, Hemophilia, and Cystic Fibrosis affect millions of infants worldwide. A study conducted by Rady Children’s Institute for Genomic Medicine revealed that 41% of infant deaths were attributed to genetic diseases. The increasing prevalence of genetic conditions in infants is boosting the demand for prenatal testing and newborn screening services.
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#What is the Anticipated CAGR of thePrenatal Testing & Newborn Screening Market, and What Factors Will Drive It?
The prenatal testing & newborn screening market size has grown rapidly in recent years. It is projected to grow from $6.24 billion in 2024 to $6.99 billion in 2025, at a compound annual growth rate (CAGR) of 12.0%. The growth is driven by advancements in genetic testing, the increasing maternal age, increased awareness and education, and evolving healthcare policies and regulations.
The prenatal testing & newborn screening market is poised for rapid growth, projected to reach $11.08 billion by 2029 with a CAGR of 12.2%. Growth factors include increasing demand for genetic services, breakthroughs in technology, wider adoption of point-of-care diagnostics, and growth in telehealth. Major trends include the advancement of non-invasive prenatal testing (NIPT), preimplantation genetic testing (PGT), maternal blood screening, and remote healthcare services.
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Which Upcoming Market Trends and Innovations Are Set to Influence thePrenatal Testing & Newborn Screening Market’s Path Forward?
Companies in the prenatal testing & newborn screening market are introducing innovative programs using rWGS (rapid Whole Genome Sequencing) technology to quickly and accurately detect genetic disorders in newborns, allowing for early diagnosis and intervention to improve health outcomes. rWGS is a cutting-edge genomic technology that rapidly sequences the entire genome of an individual. Unlike traditional genetic tests that focus on specific genes or regions, rWGS captures all of the DNA in an individual’s genome to detect genetic variations linked to diseases or disorders. For example, in June 2022, Rady Children’s Institute for Genomic Medicine, a US-based institution, launched BeginNGS, a program designed to diagnose around 400 genetic disorders with known treatments before symptoms appear. BeginNGS aims to optimize genomic sequencing processes and expand testing to cover approximately 1,000 disorders. The ultimate goal is to screen 3.7 million newborns annually, making it a standard practice in hospitals across the country.
Who Are the Key Market Players Influencing the Growth of the Corn and Prenatal Testing & Newborn Screening Industry?
Major companies operating in the prenatal testing & newborn screening market include PerkinElmer Inc., Laboratory Corporation of America Holdings (LabCorp), Natera Inc., Invitae Corporation, Centogene AG, Cradle Genomics Inc., Roche Diagnostics International AG, Quest Diagnostics Incorporated, Baebies Inc., Progenity Inc., Ravgen Inc., Strand Life Sciences Pvt. Ltd., Eurofins Scientific, Illumina Inc., Agilent Technologies Inc., Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd., Bio-Rad Laboratories Inc., General Electric Company, Siemens Healthineers AG, BGI Group, QIAGEN N.V., Veracyte Inc., NIPD Genetics, Novacyt UK, Ariosa Diagnostics Inc., Verinata Health Inc., Counsyl a Myriad Company, GenPath Diagnostics, Sonic Healthcare Limited, Cepheid a Danaher Company, Guardant Health Inc., Genetron Health (Beijing) Co. Ltd.
Which Key Market Segments Comprise the Prenatal Testing & Newborn Screening Market and Drive Its Revenue Growth?
The prenatal testing & newborn screening market covered in this report is segmented –
1) By Diagnostic Type: Non-Invasive, Invasive
2) By Technology: Screening Technology, Diagnostic Technology
3) By End user: Hospitals, Diagnostic centers
Subsegments:
1) By Non-Invasive: Blood Tests (Cell-Free DNA Testing), Ultrasound, Maternal Serum Screening
2) By Invasive: Amniocentesis, Chorionic Villus Sampling (CVS), Cordocentesis
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Which Regions Are Emerging as Leaders in the Prenatal Testing & Newborn Screening Market?
North America was the largest region in the prenatal testing & newborn screening market in 2023. Western Europe was the second largest region in the prenatal testing and newborn screening market. The regions covered in the prenatal testing & newborn screening market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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