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Non-Invasive Prenatal Testing (NIPT) Market Size to Surpass US$ 11 billion by 2030

TheGlobal Non-Invasive Prenatal Testing (NIPT)Market Share, Trends, Analysis and Forecasts, 2020-2030 provides insights on key developments, business strategies, research & development activities, supply chain analysis, competitive landscape, and market composition analysis.

The Global Non-Invasive Prenatal Testing Market was valued at US$ 2.75 billion in 2019 and is expected to surpass US$ 11 billion by 2030 at a CAGR of 16% during 2020 and 2030.

Altering lifestyle trends and increased attentiveness towards individual growth  on various levels in human society has resulted in women worldwide preferring pregnancies at an average age of 28 and above. This choice of age for pregnancies has resulted in increased incidences of children with hereditary irregularities being born. Hereditary disorders namely, Down Syndrome, Turner Syndrome, Edwards Syndrome, etc are more commonly observed in children born recently. The invention of non-invasive prenatal testing assists in determining such abnormalities in the embryo in a fortified way. The detection of hereditary abnormalities is made possible through a direct blood tests in the majority of cases considering it is non-invasive nature. Alongside being non-invasive this procedure fetches precise results in lesser time period. The test is a basic blood test and is prescribed during the first trimester of pregnancy. The changing modern lifestyle has prompted a rise in hereditary irregularities in children conceived around the world. Absence of care during pregnancy may likewise prompt such irreversible irregularities in conceived fetuses. The advanced tests and methods available have compelled the clients to pick non-invasive prenatal testing procedure to get fundamental tests ahead of time considering health safety of mother as well the fetus.

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The proactive government initiatives and vital financial aids provided from local government ensures the familiarity with non-invasive prenatal testing across masses. The invasive and other optional procedures actually persist in the medical care sector and do have higher precision when contrasted with the non-invasive prenatal testing. Additionally, the expense related with non-invasive tests is moderately high. In any case, the steady advancement of genome sequencing innovations is relied upon to clear the way of non-invasive prenatal testing market development through the forecast period. The significant factor to be considered is worldwide players are investing funds in research and development for advancements in the Non-Invasive Prenatal Tests methods. These attempts are surely seen to bring about a significant development in medical and health care sector. Owing to the non-invasive prenatal testing demand worldwide it is expected to grow a decent consumer base during the forecast period.

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Next-generation sequencing technique coming through as a driving factor

The specialized advanced methods approved recently in Next generation Sequencing (NGS) procedure has added to the precise revelation of hereditary problems. Detection of DNA in blood and discrete body fluids is possible utilizing NGS. Key players worldwide for example, Illumina employs NGS procedure for non-invasive prenatal testing carried out in the institution. Test failure rates are considerably low over the past few years with the assistance of integral genome sequencing.

High prevalence of Down Syndrome is increasing demand for testing

Research in the Non-invasive prenatal testing field has concluded that down syndrome is the predominant hereditary abnormality detected using non-invasive prenatal testing. This is on the grounds that Down Syndrome is the most normally experienced chromosomal issue among children conceived universally. According to the insights delivered by Centers for Disease Control and Prevention (CDC), around 1 in each 700 children conceived experience the ill effects of this problem. Pregnant women worldwide are advised specially to get tested for down syndrome during the primary trimester owing to easy access to non-invasive prenatal testing. This application segment contributes the most to the non-invasive prenatal testing (NIPT) market worldwide and is expected to witness a steady growth during the forecast period.

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Diagnostics Centers contribute heavily to the overall revenue generated

The non-invasive prenatal testing is prescribed by every health care clinic along with diagnostics centres. Emergency clinics have consistently perceived as a larger consumer base for non-invasive prenatal testing. End user are observed to incline towards leading significant tests in their trusted diagnostics centres. Expanded assistance arrangement of diagnostics centers includes home assistance providing tests and result to patients at comfort of their home. The segment is expected to observe moderately high improvement all throughout the forecast period.

Higher adoption of minimally invasive diagnostics procedures across North America makes it a leader in revenue generation

Notable portion of the worldwide demand for non-invasive prenatal testing (NIPT)is registered across North America region. The boomed number of births with hereditary problems in the US prompted a rising requirement for the non-invasive prenatal testing. Additionally, the appropriation of less invasive diagnostics instrumentations is high across North America. The trend setting innovation accessible with the diagnostics line of work is a major driving factor for the NIPT development in North America. Populace across Asia Pacific region is getting aware about the advantages of early determination of abnormalities and negligibly invasive diagnostics techniques. This insures a substantial improvement of non-invasive prenatal testing market across the region.

Major players active in the global Cold Laser TherapyMarketinclude BGI Genomics, Berry Genomics, Natera, Illumina, LabCorp, F. Hoffmann-La Roche Ltd., MedgenomeClaria, LifeLabs Genetics, Eurofins Biomnis, Lilac Insights Pvt. Ltd., GENDIA, Dante Labs, Sequenom.

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