United States Non–Invasive Prenatal Testing Market
The United States Non–Invasive Prenatal Testing market will register a robust CAGR of more than 13% by 2026.
The non-invasive prenatal testing market is presenting a robust growth during the forecast period (2019 – 2026), as per the study conducted. The non-invasive prenatal testing is also termed to be non-invasive parenteral screening as this is a nascent genetic process of a fetal cell with free DNA id present in mother’s blood. These eventually detect common fetal aneuploidies. The aim of such testing is to reveal an early state of genetic disorders such as trisomy 21 (Down syndrome), trisomy 18 (Edward syndrome), trisomy 13 (Patau syndrome), and monosomy X (Turner syndrome). Also, it can easily detect the blood group and rhesus factor of the fetus. There are various tests available in the market such as MaterniT21 PLUS, Harmony, Panorama, NIFTY, PrenaTest, BambniTest that are contributing to the market’s growth at a high rate.
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The study claims that factors such as growth in reimbursements for the NIPT sector, increased modifications from invasive methods to non-invasive methods and growth of maternal age are drastically driving the market over the years. With the launch, as well as development of advanced technologies in non-invasive parenteral testing products, also fuels the market growth. On the bigger side of the study reveals that expansion healthcare expenditure is one of the significant factors responsible for improving infrastructure of the healthcare industry, which is fueling to have increased accessibility and affordability of these tests and thus supporting the growth of non-invasive prenatal testing market in great extent.
While mentioning about the opportunities in the market for non-invasive prenatal testing, the study claims that the swelling adaptability of NIPT in developing countries affords ample growth opportunities to the market players as they play a vital role behind market’s growth. On the other side, the increase in the developed countries is likely to be driven by surging average maternal age and rising focus on early fetal testing. In the list of developing nations, India and China have a large population. However, they are moving forward in upgrading healthcare solutions and genetic counseling for NIPT, which is posing as a positive insight for the global non-invasive prenatal testing market to grow and would continue with such growth graph in the assessment period.
Furthermore, another accelerating aspect for the growth of the non-invasive prenatal testing market is that numerous health organizations and healthcare centers are active in providing with the facilities of tests for the patients either at low costs or at no cost. Such activity thus energizes the popularity of the innovation of prenatal tests on a global scale, which could, on development, can gain high revenues. Therefore, the increase in awareness about the tests is facilitating the market to have more expansion in the coming years.
The study further mentions that regionally, North America is considered to be one of the most attractive markets in the global arena. With the help of high government expenditure for research & development activities in the genome, sequencing, and testing has resulted in the high expansion of the non-invasive prenatal testing market. The presence of key players has established an exceptional research framework that has gives a thrust to the regional market of North America.
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