Increased Maternal Age of Large Populations Worldwide Generates Prodigious Sales Avenues in Non-Invasive Prenatal Testing Market, Says TMR

ALBANY, N.Y., May 6, 2021 /PRNewswire/ -- Over the period of past few years, the maternal age in all worldwide locations is increasing. As a result, there is notable increase in cases of children born with chromosomal anomalies including Tuner's syndrome and Down syndrome. Medical professionals from all across the globe are growing the use of non-invasive prenatal diagnostic techniques in order to perform the diagnosis of such condition in advance. Thus, increased adoption of this technique in gynecology and obstetrics clinic, diagnostic centers, and hospitals from all across the globe is likely to boost the sales opportunities in the global non invasive prenatal testing market in the forthcoming years.

According to analysts at Transparency Market Research (TMR), the global non-invasive prenatal testing market will show expansion at a CAGR of 16.4% during the assessment period of 2019 to 2027. The overall valuation of the market was around US$ 1.3 Bn in 2018 and is expected to reach US$ 5.1 Bn by 2027.

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Non-Invasive Prenatal Testing Market: Key Findings

• Notable Consumer Awareness Boosts Market Expansion

In recent few years, there is considerable growth in awareness among major population from all across the globe regarding the health conditions such as Tuner's syndrome and Down syndrome. This scenario is expected to work in favor of the global non-invasive prenatal testing market during the assessment period 2019–2027.

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• Ease of Testing Process Drives Market Sales  

The latest diagnosis process used for the detection of health issues such as Tuner's syndrome and Down syndrome is minimally invasive. As a result, this process holds minimal or no risk to both the fetus and mother. This aside, the increased number of tests has resulted into remarkable drop in the number of invasive amniocentesis and expensive and Chorionic Villus Sampling (CVS) procedures. This scenario is likely to work as one of the key drivers of the global non-invasive prenatal testing market.

Explore 186 pages of superlative research, current market scenario, and extensive geographical projections. Gain insights into the Non-Invasive Prenatal Testing Market [Test Type: MaterniT21, Harmony, Panorama, Verifi, NIFTY, and Others; Application: Trisomy, Microdeletions Symptoms, and Others (Including Sex Chromosomes Disorders); Technology: NGS, WGS, and Others; End-user: Hospitals, Diagnostic Laboratories, and Others] - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027 at https://www.transparencymarketresearch.com/report-toc/374

Non-Invasive Prenatal Testing Market: Growth Boosters

• In recent few years, there is notable change in the dietary habits and lifestyle of major worldwide population. Apart from this, increased exposure to mutagenic agents is expected to result into spontaneous mutations in expecting mothers and fetus. This scenario is likely to result into considerable growth in the cases of congenital and hereditary diseases. Owing to this factor, the global non-invasive prenatal testing market is likely to experience lucrative avenues in the forthcoming years.
• Non-invasive prenatal diagnostic is gaining traction across worldwide healthcare sector as a middle step between invasive tests and screening procedure to verify the presence of anomaly in fetus. Thus, increased number of test performed for fetal abnormalities is expected to boost the growth of the global non-invasive prenatal testing market in the forthcoming years.
• The government bodies of many countries across the globe are offering various re-imbursement policies for such tests. This is one of the key factors pushing the expansion of the global non-invasive prenatal testing market in assessment period of 2019 to 2027.

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Non-Invasive Prenatal Testing Market: Well-Established Participants

The research document profiles all important players working in the global non-invasive prenatal testing market. The list of key enterprises in this market includes following names:

• BGI
• Berry Genetics
• Laboratory Corporation of America Holdings
• Illumina, Inc
• Agilent Technologies, Inc.
• NATERA, INC.
• F. Hoffmann-La Roche Ltd
• Eurofins LifeCodexx AG
• PerkinElmer Inc
• IGENOMIX

Explore Transparency Market Research's award-winning coverage of the global Healthcare Industry:

Prenatal Testing Market: https://www.transparencymarketresearch.com/prenatal-testing-market.html

Down syndrome Market: https://www.transparencymarketresearch.com/down-syndrome-market.html

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision."

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Transparency Market Research
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SOURCE Transparency Market Research

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