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Non-Invasive Prenatal Testing (NIPT) Market by Instruments (Ultrasound, NGS, PCR, Microarray), Consumables, Method (FCMB, cf-DNA), Application (Trisomy, Microdeletion, Genetics, Rh factor) & End User (Hospital, Diagnostic Labs) - Global Forecast to 2021

Non-Invasive Prenatal Testing (NIPT) Market: Global Forecast until 2021

  • March 2017
  • 152 pages
  • ID: 4814911
In this report:
Trisomy accounted for the largest share of ##.##% of the market, by application, in 2016; it is also expected to grow at the highest CAGR of ##.##% during the forecast period.
According to the American Society for Clinical Pathology 2004, the number of clinical laboratory technologists and technicians in public specialty hospitals (except psychiatric and substance abuse) is expected to decrease from ## in 2014 to ## in 2024, representing a decline of ##.##%.

Summary

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The overall non-invasive prenatal testing market is estimated to grow ~$2.9B by 2021 from ~$1.4B in 2016, at a compound annual growth rate (CAGR) of 16.40 percent from 2016 to 2021.

The main factors driving the increase of this market contain the increasing preference for non-invasive techniques over invasive methods, growing focus on reimbursement for NIPT, launch of new and advanced NIPT products, and growing maternal age. Moreover, untapped emerging sectors are anticipated to offer potential increase opportunities to actors operating in the NIPT market during the estimate period.

By product, the non-invasive prenatal testing market is split into consumables and instruments. In 2016, the consumables segment recorded for the largest market share. The high demand due to the recurring requirement of consumables as distinguished to instruments is a main driver for the increase of this product segment.

On the basis of method, the sector is divided into ultrasound detection, biochemical screening tests, fetal cells in maternal blood tests, and cell-free DNA in maternal plasma tests. The ultrasound detection segment controled the industry in 2016. Nevertheless, the cell-free DNA in maternal plasma tests segment is anticipated to rise at the highest CAGR (Compound annual growth rate). This is primarily attributed to the growing demand for cf-DNA based techniques in NIPT testing and increasing government initiatives to offer prenatal services.

On the basis of application type, the sector is divided into Trisomy, microdeletion syndrome, and other applications. Trisomy commands the biggest and quickest-increasing application segment of the overall market in 2016. This is attributed to Elements such as growing maternal age and growing incidence of chromosomal abnormalities.

On the basis of end user, the industry is categorized into diagnostic laboratories and hospitals. In 2016, the diagnostic laboratories segment recorded for the biggest share of the market. Increase in this end-user segment can be accredited to the increasing incidence of chromosomal abnormalities and rising initiatives by firms to offer advanced equipment to diagnostic laboratories.

North America continent commanded the biggest share of the overall market in 2016. Asia continent is anticipated to grow at the highest compound annual growth rate (CAGR) during the outlook period. The important increase in the Asian market is attributed to growing disposable income, growing healthcare infrastructure, increasing awareness programs and conferences, and rising focus of market actors in this area. Some prominent industries in Asia area contain China (CN), India (IN), and Japan (JP).

Segment Research

This sector is clasified on the basis of product, method, application, final user, and area. Apart from comprehensive geographical study, product review, and sizing of market, the analysis also offers a competitive analysis that includes increase strategies approved by sector actors in the last three years. Additionally, the corporation reviews include basic views on the top players and their products review, advancements, and strategies approved. The above mentioned market research data, current market sizes, and projection of future trends will facilitate top players and new sector entrants make informed decisions regarding product offerings, spatial focus, changes in strategic way, Research and development investments for modernizations in products and technologies, and levels of output to remain profitable.

Why Purchasing This Study Can Help You:

The market research will increase both established firms as well as new entrants/smaller companies to measure the pulse of the sector and garner greater segment market share. Companies obtaining the industry report can use any one or an aggregation of the below-mentioned five strategies for strengthening their market shares.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on the product portfolios of top actors in the NIPT market. The analysis examines the non-invasive prenatal testing market by product, method, application, end-user, and area.

- Product improvement/Innovative products: In-depth understanding on up-on-coming technologies, Research&development activities, and launches of new product in the NIPT market.

- Opposing assessment: In-depth assessment of market strategies, geographical and industry segments, and product review of the main players in the NIPT market.

- Industry development: Highlighted information about profitable emerging sectors. The market research examines the sector for NIPT across geographies.

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the NIPT market.

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