Latest Non-invasive Prenatal Testing Market Growth Study 2022-2026 By The Business Research Company
The reports have been updated with the most recent Ukraine-Russia War impact on market growth for all 27+ industries. The reports also provide possible solutions and opportunities for surviving this crisis.
The non-invasive prenatal testing market is forecasted to achieve exponential growth in the coming few years with a forecast CAGR (compound annual growth rate) of almost 15%, as per The Business Research Company’s market report!
Read More On The Non-invasive Prenatal Testing Market Report 2022 – https://www.thebusinessresearchcompany.com/report/non-invasive-prenatal-testing-global-market
The Non-invasive Prenatal Testing Market Size In 2022 And Forecast
The global non-invasive prenatal testing market is expected to grow from $3.67 billion in 2021 to $4.21 billion in 2022 at a compound annual growth rate (CAGR) of 14.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The non-invasive prenatal testing market is expected to reach $7.34 billion in 2026 at a CAGR of 14.9%.
The non-invasive prenatal testing market consists of sales of non-invasive prenatal testing kits, instruments and related services.
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High Incidence Rate Of Down Syndrome Is Driving The Growth Of The Non-invasive Prenatal Testing Market
According to National Down Syndrome Society and Centres for Disease control and Prevention, in the USA, 1 in every 700 babies are born with Down syndrome and 80% of children with Down syndrome are born to older mothers. The increased risk of having babies with Down syndrome among older women drives the non-invasive prenatal testing market.
Competitive Landscape And The Regional Analysis Of The Non-invasive Prenatal Testing Market
Major players in the non-invasive prenatal testing market are F. Hoffmann-La Roche AG, IlluminaInc., Laboratory Corporation of America Holdings, NateraInc., PerkinElmerInc., Quest Diagnostics Incorporated, Agilent TechnologiesInc, BGI Diagnosis, Berry Genomics Co., Ltd, LifeCodexx AG, Myriad GeneticsInc., NIPD Genetics, SequenomInc., Annoroad Gene Technology, Centogene AG, CounsylInc., EUROFINS Genoma Group, Eurofins Scientific, Next Biosciences, Premaitha Health Plc, Ariosa Diagnostics (Roche), Premaitha Health, Beijing Genomics Institute, Yourgene Health PLC, GE Healthcare, Koninklijke Philips N.V., Thermo Fisher ScientificInc., Pacific Biosciences of CaliforniaInc., and QIAGEN N.V.
The Non-invasive Prenatal Testing Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the non-invasive prenatal testing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the non-invasive prenatal testing market.
Next-Generation Sequencing – A Key Trend In The Non-invasive Prenatal Testing Market
Next-generation sequencing has increased the throughput, scalability, and speed, and further enables researchers to perform a wide range of applications and study biological systems at a higher level. Next-generation sequencing is a platform that has enabled the sequencing of thousands to millions of DNA molecules simultaneously. The manufacturers have introduced this technology to reduce the time and money required and optimizes the output to generate results regarding genome, and DNA testing.
Non-invasive Prenatal Testing Market Segmentation By The Business Research Company
1) By Technology: CRISPR, TALEN, ZFN
2) By End Users: Biotechnology, Pharmaceutical, Contract Research Organization
3) By Application: Animal Genetic Engineering, Plant Genetic Engineering, Cell Line Engineering
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