Selbyville, DE -- (SBWire) -- 11/08/2018 --Market Study Report Add New 2018-2024 Global Prenatal and New-born Genetic Testing Market Report to its research database presenting an informative study covering the market with detailed analysis. The Global Prenatal and New-born Genetic Testing market research report is a professional and in-depth study on the current state of global Industry.
U.S. dominated the market in 2017 owing to ongoing technological advancements along with favorable reimbursement policies. The U.S. region had 99% of newborn screening rate and high awareness about prenatal and new-born genetic testing will be responsible for the market growth in U.S. Presence of technologically advanced and equipped manufacturing companies along with government initiatives supporting screening activities that will impel market growth.
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Some of the major market players competing in global prenatal and newborn genetic testing market are Ariosa Diagnostics (Roche), Berry Genomics, BGI, Biorad, Illumina, Laboratory Corporation of America, Natera, Qiagen, Sequenom, Trivitron Healthcare and Verinata health.
Screening technology holds majority of market share in the year 2017 owing to increasing number of screening procedures of pregnant women while delivery. The rise in awareness among the families regarding genetic birth defects and early detection of genetic disorder will augment the segment growth in the near future.
Technological advancement and several benefits associated with infant genetic testing will be major driver of the prenatal and new-born genetic testing market. Introduction of prenatal testing has led to substantial amount of increase in adoption rate of new testing technologies such as non-invasive prenatal testing (NIPT) for detection of sub chromosomal abnormalities, single-gene disorders and aneuploidy in North America region.
Inclination towards minimally invasive infant genetic testing along with demand for early detection of birth defects will one of the major reason for market growth.
Increasing prevalence of birth defects among the European population is one of the major reason for rising infant mortality. The necessary government initiatives in order to conduct prenatal and new-born genetic tests to diagnose the birth defects will increase the number of infant screening programs giving rise to market growth opportunities.
Hospitals hold the majority of market share owing to increasing number of births in hospitals. Hospitals are aided by the government and provide the facilities require for the newborn screening. The increase in number of screening programs in hospitals provides significant scope for the market growth.
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Rising number of consanguineous relations in the developing countries of Asia and Middle East will foster growth opportunities for prenatal and newborn genetic testing market. The consanguineous relations are responsible for births of infants with defects and chromosomal abnormalities. Consequent, the increase in cases of live births diagnosed with birth defects will directly impact the growth of prenatal and new-born genetic testing market.
Table of Content:
Chapter 1. Methodology
Chapter 2. Executive Summary
Chapter 3. Prenatal and New-born Genetic Testing Industry Insights
Chapter 4. Prenatal and New-born Genetic Testing Market, By Technology
Chapter 5. Prenatal and New-born Genetic Testing Market, By Disease
Chapter 6. Prenatal and New-born Genetic Testing Market, By End-use
Chapter 6. Prenatal and New-born Genetic Testing Market, By Region
Chapter 7. Company Profiles
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Related Report:
Global Prenatal and New-born Genetic Testing Market Size, Status and Forecast 2025
This report studies the global Prenatal and New-born Genetic Testing market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Prenatal and New-born Genetic Testing market by companies, region, type and end-use industry.
https://www.marketstudyreport.com/reports/global-prenatal-and-new-born-genetic-testing-market-size-status-and-forecast-2025/?utm_source=RR-PSR
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Prenatal and New-Born Genetic Testing Market 2024 Key Information by Top Key Players Berry Genomics, BGI, Biorad, Illumina, Laboratory Corporation of America, Natera
The newly released research at Market Study Report titled “2018-2024 Global Prenatal and New-born Genetic Testing Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.