The Global Market for Prenatal Diagnostics is Projected to Reach US$6.8 Billion by 2022
Focus on Timely Detection of Fetal Chromosomal
Abnormalities Drives the Prenatal Diagnostics Market, According to a New Report
by Global Industry Analysts, Inc.
GIA
launches comprehensive analysis of industry segments, trends, growth drivers,
market share, size and demand forecasts on the global Prenatal Diagnostics market.
The
global market for Prenatal Diagnostics is projected to reach US$6.8 billion by
2022, driven by delayed pregnancies, rising incidence of chromosomal
anomalies in the fetus causing Down’s syndrome and other disorders, and
technological improvements that minimize false negatives and enhance accuracy
in results.
Prenatal
testing involves screening and diagnostic methods carried out during pregnancy
for various purposes, such as determination of fetal sex and identification of
potential genetic and chromosomal abnormalities of the fetus. cff-DNA refers to
cell-free fetal DNA, which escapes into the maternal blood circulation via the
placenta, and offers crucial information about the fetal genetic makeup and
links to any potential disease. Non-Invasive Prenatal Testing (NIPT) technique
analyzes cff-DNA in the maternal blood sample to detect chromosomal
aneuploidies, especially trisomy of the chromosome 21, which is commonly called
Down’s syndrome. NIPT is more accurate than serum screening or ultrasonography and
avoids the discomfort and risk of invasive testing.
The global prenatal diagnostics
market is benefiting from the high risk of chromosomal abnormalities associated
with increasing maternal age, especially across the developed nations where
delayed pregnancy is a common occurrence. Even among the emerging economies of
the developing world, increasing healthcare expenditure, and shifting of
childbearing preferences to a later maternal age are driving growth of prenatal
diagnostics. Increased incidences of Down’s
syndrome, Patau syndrome, Edwards syndrome
(trisomies of chromosomes 21, 13 & 18 respectively), and Turner syndrome
(monosomy x), favors growth in the market. Furthermore, technological
improvements that facilitate elimination or reduction of false negatives and
enhance accuracy in results are expected to further boost the market. Technological
advancements in genomics ensure accuracy of prenatal diagnostics. DNA
sequencing is increasingly carried out via Next-Generation Sequencing (NGS)
platforms. Massively Parallel Sequencing
(MPS) is a method that entails breaking down a large sequencing project into
smaller projects. Massively parallel sequencing of maternal plasma enables
identification of chromosomal origin of each sequenced DNA molecule, fetal and
maternal, and can detect chromosomal over-representation or trisomies in the
fetus, or even under-representation. Sequenom’s MaterniT21™, Aria/Roche’s
Harmony test, Illumina’s Verifi™, Natera’s Panorama™, and others including LifeCodexx’
PrenaTest® represent some of the leading prenatal diagnostic tests.
As stated by the new
market research report on Prenatal
Diagnostics, the United States represents
the largest market worldwide. Asia-Pacific ranks as the fastest growing market,
with a CAGR of 6.2% over the analysis period led by significant changes in birthing
timeline among the expanding base of educated working women; better healthcare awareness;
rising disposable income and increased ability to spend on high quality diagnostic
care & services.
Major
players covered in the report include ANGLE Plc., Ariosa Diagnostics, Inc., BGI
Diagnosis Co., Ltd., Berry Genomics Co., Ltd., Hologic, Inc., Illumina, Inc., Laboratory
Corporation of America® Holdings, Lifecodexx AG, Natera, Inc., Quest
Diagnostics, Inc., Ravgen, Inc., Sequenom, Inc., Sequenom Center for Molecular
Medicine, LLC, and TrovaGene, Inc.
The research report titled "Prenatal
Diagnostics: A Global Strategic Business Report" announced by Global
Industry Analysts Inc., provides a comprehensive review of market trends, growth
drivers, mergers and acquisitions, and other strategic industry activities of
major companies worldwide. The report provides market estimates and projections
for geographic markets, such as the US, Canada, Japan, Europe (France, Germany,
Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, and
Rest of Asia-Pacific), Latin America (Brazil, and Rest of Latin America), and
Rest of World.
Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA,
All Rights Reserved.
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