The growing awareness about the advantages of advanced testing procedures is projected to further stimulate the market growth in the estimated timeframe. Moreover, the rising corrections and improvements in the reimbursement scenario in prenatal testing are further predicted to bolster the market growth in the estimated years. Additionally, the augmenting incidences of miscarriages globally are also adding traction to market growth.
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Major players in the global market include Quest Diagnostics, Natera, Inc., GeneDx, Inc., Illumina, Inc., Prenatal Paternities Inc., Ravgen Inc., Ariosa Diagnostics, Inc., Counsyl, Inc., LabCorp, and Eurofins NTD Inc., among others.
Prenatal Testing Market Solution Insight:
The ultrasound sub-segment is projected to expand significantly over the projected timespan, registering a CAGR of 13.2%. The growth of the segment can be accredited to the secure and pain-free attributes of ultrasound prenatal testing procedures. The method utilizes sound waves to produce images that provide insights into the baby’s position and condition.
The Prenatal Testing Market is expected to be valued at USD 8.08 Billion by 2027 from USD 3.23 Billion in 2019, registering a CAGR of 12.9% through the forecast period.
Method Outlook (Revenue, USD Billion; 2017-2027)
- Blood or Saliva
- Ultrasound
- Urine
- Amniocentesis
- Percutaneous umbilical blood sampling
- Chorionic villus sampling
Test Type Outlook (Revenue, USD Billion; 2017-2027)
- Non-Invasive
- Invasive
Regional Analysis of the Prenatal Testing Market Includes:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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