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Growth in Preterm Birth and Prenatal Testing Market Accelerated by Rising Awareness of Fetal Healthcare

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naufan003
Growth in Preterm Birth and Prenatal Testing Market Accelerated by Rising Awareness of Fetal Healthcare

The preterm birth and prenatal testing market comprises various medical devices and tests used to diagnose complications during pregnancy. Fetal health monitoring helps provide critical insights to improve outcomes for both mother and child. Advances in ultrasound and biochemical testing allow for early detection of developmental issues, infections and genetic disorders.

The global Preterm Birth and Prenatal Testing Market is estimated to be valued at US$ 1.69 Bn in 2023 and is expected to exhibit a CAGR of 6.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

One of the key trends driving growth in the preterm birth and prenatal testing market is the rising awareness among expectant mothers about the importance of fetal care and monitoring. Studies show regular checkups and examinations can help identify high-risk pregnancies early and enable timely medical intervention. This is leading to higher adoption of advanced ultrasound, non-invasive prenatal testing and other diagnostic methods. As healthcare systems emphasize preventive treatment, demand is increasing for risk assessment solutions that can help reduce preterm birth incidence and improve maternal and baby outcomes.

Segment Analysis

The global preterm birth and prom testing market is dominated by the cervical cerclage sub segment. Cervical cerclage is the most commonly performed surgery for women at risk of preterm birth. It involves placing stitches around the cervix to keep it closed during pregnancy. It is an effective treatment option and has shown to reduce the risk of preterm birth significantly.

Key Takeaways

The Global Preterm Birth And Prom Testing Market Size is expected to witness high growth over the forecast period of 2023 to 2030. Regional analysis shows that North America dominates the market currently due to high awareness levels and developed healthcare infrastructure in the region. Countries like the US and Canada have advanced healthcare facilities that enable accurate diagnosis and treatment of conditions related to preterm birth. However, Asia Pacific is expected to grow at the fastest rate during the forecast period. Factors such as rising incomes, growing medical tourism industry and improving healthcare infrastructure will drive market growth in Asia Pacific economies.

Key players operating in the preterm birth and prom testing market are Huawei Technologies Co., Ltd.,ZTE Corporation,Nokia Corporation,ADTRAN, Inc.,Calix, Inc.,Cisco Systems, Inc.,Ericsson AB,FiberHome Technologies Group,Fujitsu Ltd.,NEC Corporation,Sumitomo Electric Industries, Ltd.,Dasan Zhone Solutions, Inc.,Iskratel d.o.o.,Mitsubishi Electric Corporation,Tellabs, Inc. The market is characterized by presence of numerous global and regional players offering a diverse range of devices and technologies. Players are focused on developing advanced predictive diagnostics and personalized treatment options to gain more customers. Partnerships and innovation will remain vital for success in this highly dynamic market.


Get more insights on this topic:

https://www.marketwebjournal.com/preterm-birth-and-prom-testing-market-insights-trends/

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