Non-Invasive Prenatal Testing (NIPT) Market Set to Witness Significant Growth Over Forecast Period

“According to the research report published by Polaris Market Research, the Global Non-Invasive Prenatal Testing (Nipt) Market Size Is Expected To Reach USD 6.56 Billion By 2028, at a CAGR of 11.0% during the forecast period.”

Polaris Market Research introduced a new study on Non-Invasive Prenatal Testing (NIPT) Market: By Size, Latest Trends, Share, Huge Growth, Segments, Analysis and Forecast, 2032, which is professional and in-depth research on the present situation of the sector by experts. The report comprises extensive quantitative analysis and exhaustive qualitative analysis that includes a macro overview of the overall Non-Invasive Prenatal Testing (NIPT) Market size, industry chain, and dynamics to micro specifics of Non-Invasive Prenatal Testing (NIPT) Market segmentation by type, application, and area. Thus, the report provides a holistic view of the market and in-depth insight covering all its essential aspects.  It gives a thorough examination of the major companies in the markets’ business plans for expansion.

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The market demand for non-invasive prenatal testing is expected to increase during the forecast period owing to growth in the occurrence of genetic disorders, increasing awareness regarding early fetal testing, and advancing maternal age. The significant market growth in healthcare infrastructure, technological advancements, and favorable regulations are some factors expected to provide growth opportunities during the forecast period.

Key Industry Insights

This analytical study covers the most recent industry statistics and industry future trends, allowing you to identify the items and end clients driving income growth and benefit. In-depth overview of the industry has been given, covering the competitive landscape, current state, key industry players, regional and country-level analysis, and market dynamics, and elaborating its outlook and future growth prospects. A top-notch report has an assessment of crucial factors influencing the supply and demand of the related products and services, aiding businesses in identifying various challenges expected to occur in the Non-Invasive Prenatal Testing (NIPT) Market.

Major Key Players:

  • Agilent Technologies Inc.
  • Laboratory Corporation of America Holdings
  • Illumina Inc.
  • F. Hoffman-La Roche Ltd.
  • Yourgene Health
  • Perkinelmer Inc.
  • GE Healthcare
  • Quest Diagnostics
  • Thermo Fisher Scientific Inc.
  • Sequenom
  • Qiagen N.V.
  • Koninklijke Philips N.V.
  • Natera Inc.
  • Beijing Genomics Institute
  • Pacific Biosciences of California Inc.

Study Explore:

  • Market Overview
  • Market Status and Forecast by Types, Applications, And Regions
  • Key Driving Factor Analysis
  • Competition Status by Major Manufacturers
  • Industrial Trends and Developments
  • Upstream and Downstream Market Analysis
  • Cost and Gross Margin Analysis
  • Research Methodology and Reference
  • Strategic Recommendations for the new entrants
  • Growth Prospects with Revenue Estimations

The gestation period segment has been divided into 0-12 weeks, 13-24 weeks, 25-36 weeks. Testing performed for 13 – 24 weeks involves blood tests and ultrasound to detect genetic disorders and neural tube defects. Ultrasounds are also used in this period to examine the anatomy and associated disorders. There has been a high demand for consumables required during non-invasive prenatal testing. The rising awareness regarding fetal testing, coupled with technological advancements, supportive government regulations, and advanced healthcare infrastructure boosts the market growth.

Competitive Territory

  • For the competitive landscape, the report enlists various Non-Invasive Prenatal Testing (NIPT) Market key players along with their share, concentration ratio, revenue, product portfolio, etc.
  • Market strategies that are being adopted by competitors and leading organizations are covered, including mergers and acquisitions, product launches, collaboration, agreements, emerging market trends, and regional conflicts is all considered.
  • It demonstrates how market competitiveness will change over the next few years and how players are preparing to stay ahead of the curve.

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How This Report Will Help You in Long-Term Business Planning?

This research report serves as a platform for long-term business strategy. They provide insights into market trends, growth projections, and upcoming prospects, allowing organizations to establish sustainable strategies and stay ahead in a competitive market. It offers a clear picture of the Non-Invasive Prenatal Testing (NIPT) Market opportunity and growth prospects, assisting businesses in making investment decisions.

Key Regions Covered in This Report Are

  • North America (United States, Canada, and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and the rest of South America)
  • The Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South Africa, and the Rest of the Middle East and Africa)

Non-invasive prenatal testing is used for the detection of Monosomy, Trisomy, Microdeletion Syndrome, and Others. The trisomy accounted for a major share of the global market for non-invasive prenatal testing owing to high accuracy in detection of trisomy, growing maternal age, and increasing awareness regarding early and non-invasive fetal diagnosis. The test for detection of trisomy is performed after 10 weeks for enhanced safety, reliability, and accuracy for detection of the three common trisomy including chromosomes 21, 18, and 13.

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Key Spotlights Covered in Analysis

  • This business overview, product overview, Non-Invasive Prenatal Testing (NIPT) Market share, demand and supply ratio, supply chain analysis, and import/export details are revealed in the industry study.
  • The study includes historical and current data on which future estimates are generated, and industry analysis is performed.
  • Potential & niche segments and regions exhibiting promising growth are covered.
  • Market growth drivers and challenges affecting the development are analyzed in detail.
  • Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
  • The upstream and downstream components and a comprehensive value chain are explained.
  • Regional analysis with a graphical representation of size, share & trends

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