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Technological advancements have not only served as a helping hand to the entire mankind but have also proven to be massively beneficial in curbing sufferings of people by enabling the implementation of preventive measures in various fields, especially in the medical field. With the emergence of innovative diagnostic and screening techniques, and innumerable advancements in the healthcare industry, several methods of genetic testing among other testing’s having gained popularity. The Non-invasive prenatal testing stands as one of the most distinctive technologies in addressing the concerns related to genetic diseases. The Non-invasive prenatal testing (NIPT), also known as cell-free DNA testing is nascent genetic processes of examining a fetal cell free DNA, present in the mothers blood serum for detecting common fetal aneuploidies. It is carried out through methods such as ultrasound detection, biochemical screening tests etc. which can indicate if pregnancy is at low risk or high risk for common chromosome disorders, including: Down syndrome (trisomy 21), (trisomy 18), (trisomy 13). Some of the NIPTs currently available worldwide are MaterniT21 PLUS, Harmony, Panorama, NIFTY, PrenaTest, BambniTest, and others. Global NIPT global market is expected to have a market worth of around $13.14 Billion by 2027, growing at a comprehensive CAGR of around 17.1% from 2019.
The growth of this market is attributed towards major relevant factors including the increasing prevalence of chromosomal abnormalities with increasing maternal age, technological advancements in the healthcare industry such as wearable healthcare devices, sequencing technologies, regenerative medicine, genomic technologies, the expansion in the distribution services of the operating entities, growing preference for non-invasive techniques over invasive methods, improving reimbursement scenario for NIPT, and increasing awareness of NIPT.
Moreover, the evolution of prenatal testing, in the form of non-invasive tests serve as an intermediate step between screening and invasive tests in order to determine the probability of fetal abnormality as it offers detecting accuracy of more than 99% and displays screening in less time than other types of prenatal screening. Due to the rising incidence of miscarriage and complications and the increasing popularity among pregnant women as a lower-risk alternative to amniocentesis and awareness about prenatal genetic issues driving the non-invasive prenatal testing, it is predicted that non-invasive prenatal testing will become a standard test in the future, replacing other, and riskier screening tests. The development of NIPT for genetic conditions is a major commercial interest because of high demand in the disease segments such as Down syndrome.
Furthermore, as very few players offer non-invasive prenatal testing, several leading players are focusing on the development of more accurate and reliable NIPT for the analysis of cell-free fetal DNA (cffDNA) in a sample of maternal blood collected in the first trimester. Countries such as China, India, Brazil, and Mexico are already offering significant growth opportunities to market players. The high growth in these markets can majorly be seen due to the improving healthcare infrastructure, increasing public healthcare expenditure, the presence of a large target patient population, and growing awareness and availability of advanced technologies.
However, lack of skilled professionals, reliability of test results, especially in obese women, high cost of testing and provisional tools for diagnosis are a few factors restraining the growth of this market.
NON-INVASIVE PRENATAL TESTING MARKET SEGMENTATION:
By Product Type:
By Method Type:
By Application Type:
By End User:
In 2019, North America accounted for the largest market share, followed by Europe because of factors including high diagnostic and treatment rate of trisomy disorders, high awareness for prenatal testing, presence of laboratories offering NIPT services, focus on improving technology and alliances and partnerships among key market players, high R&D investments, availability of technologically advanced healthcare research framework, the development of WGS in the region and also capital intensive. This trend is projected to grow throughout the next decade.
On the other hand, due to high adoption rate of non-invasive prenatal tests, developing healthcare infrastructure, technological integration of NGS methodologies, rising awareness programs & conferences, clinical development frameworks in countries like India, Japan China, Australia and New Zealand, the Asia-Pacific region is expected to grow at the highest CAGR in the next few years.
FEW KEY PLAYERS IN NON-INVASIVE PRENATAL TESTING MARKET:
Timeline Considered for Analysis:
- 2019: Base Year
- 2020: Estimated Year
- 2020 to 2025: Forecast Period
Research Scope and Deliverables
Overview & Executive Summary
Market Drivers, Trends, Challenges and Opportunities
Market Size and Forecast Projections
Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
Porter’s Five Force Analysis
Market Segmentation Analysis:
Industry report analyses the global NIPT market by the following segments:
- Product Type
- Method Type
- Application Type
- End User
Customization: We also offer customization’s in the industry report as per the company’s specific needs.
Key Questions Answered in the Global NIPT Industry Report
The report offers a comprehensive insight on the Non-invasive Prenatal Testing Market share, competitor landscape, market trends, growth, revenue, and key driver’s analysis with coverage of key players, top geographies, product types and end user.
Exhaustive secondary research and in-depth primary interviews with industry experts has been conducted to present qualitative and quantitative insights in the report.
We offer customizations as per client’s specific needs.