New York, According to a new market research report published by Global Insight Services “Non Invasive Prenatal Testing (NIPT) Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
NIPT is a prenatal screening test that can be used to determine the risk of a fetus having certain chromosomal abnormalities, such as Down syndrome. NIPT is a blood test that is typically performed on pregnant women who are considered to be at high risk for these conditions, based on their age or other factors. The test can also be used to screen for other conditions, such as Edwards syndrome and Patau syndrome.
NIPT is a relatively new test, and as such, there is still some debate about its use. Some experts believe that NIPT should only be used in high-risk pregnancies, while others believe that it should be offered to all pregnant women. There is also some concern that NIPT may lead to unnecessary abortions, as it can give a false-positive result in some cases.
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Key Trends
Non-invasive prenatal testing (NIPT) is a rapidly evolving field with new technology emerging all the time. The key trends in NIPT technology include:
1. Increased accuracy: NIPT is becoming increasingly accurate, with some tests now able to detect fetal chromosomal abnormalities with greater than 99% accuracy.
2. Earlier detection: NIPT can be performed earlier in pregnancy than traditional prenatal testing, meaning that parents can find out about potential problems sooner.
3. Non-invasive: As the name suggests, NIPT is a completely non-invasive procedure, which is much safer for both mother and baby than traditional invasive prenatal tests.
4. Lower cost: The cost of NIPT is falling as the technology becomes more widely available.
Key Drivers
The key drivers of the Non-Invasive Prenatal Testing (NIPT) market are the increasing incidences of chromosomal anomalies and the rising demand for the early detection of genetic disorders. The NIPT market is expected to grow at a significant rate in the coming years, owing to the increasing awareness about the benefits of NIPT and the availability of advanced NIPT technologies.
The number of births with chromosomal anomalies has been increasing globally, owing to the rising number of older women opting for pregnancy and the increasing number of multiple births. The increasing number of births with chromosomal anomalies is expected to drive the growth of the NIPT market.
The demand for early detection of genetic disorders is also expected to boost the growth of the NIPT market. NIPT can be used to detect a wide range of genetic disorders, such as Down syndrome, Edwards syndrome, and Patau syndrome. NIPT is a highly accurate test and can be performed as early as 10 weeks into the pregnancy. The availability of advanced NIPT technologies, such as next-generation sequencing (NGS) and digital PCR, is expected to drive the growth of the NIPT market.
Market Segments
The Non Invasive Prenatal Testing (NIPT) Market is basis of product, method, application, and region. Based on product, it is bifurcated into consumables and instruments. Based on method, it is divided into ultrasound detection, biochemical screening tests, cell-free DNA in maternal plasma tests, and fetal cells in maternal blood tests. Based on application, it can be categorized into trisomy, microdeletion syndrome, and other applications. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Non Invasive Prenatal Testing (NIPT) Market report includes players such as Ge Healthcare (General Electric Company), Koninklijke Philips N.V., Illumina, Inc., Thermo Fisher Scientific, F. Hoffman-La Roche Ltd., Pacific Biosciences of California, Inc., Perkinelmer, Inc., Qiagen N.V., Agilent Technologies, Inc., and Beijing Genomics Institute.
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Reasons to buy Non Invasive Prenatal Testing (NIPT) Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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