Dublin, Jan. 07, 2025 (GLOBE NEWSWIRE) -- The "Non-Invasive Prenatal Testing (NIPT) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Non-Invasive Prenatal Testing (NIPT) was estimated at US$4.5 Billion in 2023 and is projected to reach US$9.2 Billion by 2030, growing at a CAGR of 10.7% from 2023 to 2030.
What Factors Are Driving the Growth in the Non-Invasive Prenatal Testing (NIPT) Market?
The growth in the Non-Invasive Prenatal Testing (NIPT) market is driven by several factors, including the increasing demand for early and accurate prenatal screening, particularly in high-risk pregnancies. Advances in next-generation sequencing and other genetic analysis technologies have improved the accuracy, efficiency, and affordability of NIPT, making it more accessible. The rising awareness of genetic disorders and the benefits of early detection have also contributed to the broader adoption of NIPT. Regulatory approvals for NIPT in several countries, combined with government support for maternal healthcare, have further fueled market growth. Additionally, the expansion of telehealth services and direct-to-consumer testing models has made NIPT more accessible, increasing its adoption among expectant mothers worldwide.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the NIPT Consumables & Reagents segment, which is expected to reach US$5.5 Billion by 2030 with a CAGR of a 8.4%. The NIPT Instruments segment is also set to grow at 14.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $1.2 Billion in 2023, and China, forecasted to grow at an impressive 13.7% CAGR to reach $2.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Non-Invasive Prenatal Testing (NIPT) Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Non-Invasive Prenatal Testing (NIPT) Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Non-Invasive Prenatal Testing (NIPT) Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players in the Global Non-Invasive Prenatal Testing (NIPT) Market such as Agilent Technologies, Inc., Berry Genetics Inc., BGI Genomics Co. Ltd., Eurofins LifeCodexx GmbH, F. Hoffmann-La Roche Ltd. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 33 companies featured in this Global Non-Invasive Prenatal Testing (NIPT) market report include:
- Agilent Technologies, Inc.
- Berry Genetics Inc.
- BGI Genomics Co. Ltd.
- Eurofins LifeCodexx GmbH
- F. Hoffmann-La Roche Ltd.
- GE Healthcare
- Igenomix
- Illumina, Inc.
- Laboratory Corporation of America Holdings
- Natera, Inc.
- PerkinElmer Inc.
- Thermo Fisher Scientific Inc.
- Yourgene Health
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 89 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $4.5 Billion |
| Forecasted Market Value (USD) by 2030 | $9.2 Billion |
| Compound Annual Growth Rate | 10.7% |
| Regions Covered | Global |
Key Topics Covered:
1. MARKET OVERVIEW
- Global Economic Update
- Non-Invasive Prenatal Testing (NIPT) - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Rising Demand for Early and Accurate Fetal Screening Spurs Growth in Non-Invasive Prenatal Testing Market
- Technological Advancements in Cell-Free DNA Sequencing and Genomic Analysis Strengthen Business Case for Adoption
- Growing Focus on Early Detection of Genetic Abnormalities Expands Addressable Market
- Expansion of NIPT in Hospital Laboratories, Diagnostic Centers, and Clinics Fuels Market Growth
- Increasing Adoption of NIPT in Routine Prenatal Care and Risk Assessment Expands Market Opportunities
- Technological Innovations in Multi-Gene Panels and Whole Genome Sequencing Propel Market Expansion
- Rising Focus on Reducing Invasive Testing Procedures and Pregnancy Risks Drives Demand for NIPT
- Growing Use of NIPT in High-Risk Pregnancies, Advanced Maternal Age, and IVF Monitoring Expands Market Potential
- Technological Advancements in AI-Powered Genomic Interpretation and Report Automation Propel Market Growth
- Increasing Focus on Integrating NIPT with Digital Health Platforms and Telemedicine Drives Adoption
- Rising Demand for NIPT in Personalized Maternal Care and Fetal Health Management Strengthens Global Market
- Expansion of NIPT in Screening for Rare Diseases, Microdeletions, and Aneuploidies Expands Market Opportunities
4. GLOBAL MARKET PERSPECTIVE
For more information about this report visit https://www.researchandmarkets.com/r/trovvc
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