Transparency Market Research

Pre-Pregnancy Genetic Testing Market: Increasing Inclination Towards Minimally Invasive Medical Procedures to Drive Growth

Transparency Market Research Report Added "Pre-pregnancy Genetic Testing Market" to its database.


Albany, NY -- (SBWIRE) -- 06/14/2016 -- A new market research report by Transparency Market Research, titled "Pre-pregnancy Genetic Testing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024," incorporates a thorough analysis on all the major aspects of the market. The report covers the major growth trends and the forecast of the market for pre-pregnancy genetic testing between 2016 and 2024. The key segments that are currently most attractive for investments and how these segments are poised to fare in the forecast horizon have also been collated under this report. The report also comprises a detailed understanding of the present product portfolio, strategic initiatives, and the pipeline products of the major vendors operating in the market.

Pre-pregnancy genetic testing incorporates a number of tests utilized for identifying the genetic abnormalities of a gestating fetus. The birth defects related to genetic dysfunction or syndromes of an unborn child can be diagnosed using pre-pregnancy genetic testing. After the diagnosis, gynecologists are able to identify these conditions and make treatment plans accordingly. Chromosomal abnormalities such as trisomy 18 (Edwards syndrome) and 13 (Patau syndrome) are the key conditions that may be detected through pre-pregnancy genetic testing.

As per the report, the rising awareness amongst expectant mothers about the benefits of pre-pregnancy genetic testing at an early stage is a key factor stimulating the growth of the market. In addition, the rising count of parents who are able to afford pre-pregnancy genetic testing globally has also benefitted the overall growth of the market. Furthermore, a number of technological advancements in the genetic testing procedures and equipment have made these testing procedures more convenient and reliable, hence impacting the market positively. The growing inclination towards minimally invasive medical procedures will further augment the growth of the market. On the other hand, the soaring prices of pre-pregnancy genetic testing is a key factor inhibiting the growth of the overall market, particularly in emerging nations.

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On the basis of geography, the report segments the market into Latin America, North America, Eastern Europe, Western Europe, the Middle East and Africa, and Asia Pacific. Amongst these, Asia Pacific is predicted to emerge as the most attractive region for the market for pre-pregnancy genetic testing in the coming years. The enhancement in the living standards of individuals within this region and the improving healthcare infrastructure in India, Japan, South Korea, and China are poised to fuel the Asia Pacific pre-pregnancy genetic testing market.

According to the report, the major players dominant in the market are Sequenom Laboratories, llumina, Inc., Natera, Inc., Ariosa Diagnostics, Inc., and BGI Health, among others.

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