Prenatal Testing and Newborn Screening Market Share, Types, Applications, Products, Size, Growth

Market Size – USD 4,124.3 Million in 2019, Market Growth - CAGR of 12.8%, Market Trends –Rising demand for non-invasive techniques

The Global Prenatal Testing and Newborn Screening Market Report, published by Emergen Research, offers an industry-wide assessment of the Prenatal Testing and Newborn Screening market, which is inclusive of the most crucial factors contributing to the growth of the industry. The latest research report comprises an extensive analysis of the micro- and macro-economic indicators that influence the global market development during the forecast period of 2020-2027.

The globalprenatal testing and newborn screening marketis projected to be worth USD 10.85 Billion by 2027, according to a current analysis by Emergen Research. 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 latest report is the most recent study that offers 360 coverage of the Prenatal Testing and Newborn Screening industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Prenatal Testing and Newborn Screening market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.

To view the detailed ToC of the global Prenatal Testing and Newborn Screening market report, visit @https://www.emergenresearch.com/industry-report/prenatal-testing-and-newborn-screening-market

Segmental Analysis

The global Prenatal Testing and Newborn Screening market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Prenatal Testing and Newborn Screening sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.

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:

This section of the report offers valuable insights into the geographical segmentation of the Prenatal Testing and Newborn Screening market, alongside estimating the current and future market valuations based on the demand-supply dynamics and pricing structure of the leading regional segments. Furthermore, the growth prospects of each segment and sub-segment have been meticulously described in the report.

The report classifies the global Prenatal Testing and Newborn Screening market into various regions, including:

  • North America (U.S., Canada)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Middle East Africa (Saudi Arabia, the U.A.E., South Africa, Rest of MEA)

Competitive Terrain:

The Global Prenatal Testing and Newborn Screening Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold. The leading market contenders listed in the report are as follows:

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

Report Highlights:

  • The report conducts a comparative assessment of the leading market players participating in the global Prenatal Testing and Newborn Screening market.
  • The report marks the notable developments that have recently taken place in the Prenatal Testing and Newborn Screening industry
  • It details on the strategic initiatives undertaken by the market competitors for business expansion.
  • It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of the Prenatal Testing and Newborn Screening market value chain.
  • The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market.

Key questions addressed in the report:

  • Who are the leading players dominating the global Prenatal Testing and Newborn Screening Market?
  • Which factors could potentially hamper the global market growth during the forecast period?
  • Which regional market offers the most attractive growth opportunities to the companies operating in this market?
  • How is the raw material availability affecting the demand for Prenatal Testing and Newborn Screening in this industry vertical?

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