Prenatal Testing Market Overview, Merger and Acquisitions, Drivers, Restraints and Industry Forecast By 2027

 


Prenatal Testing market brings in the best of both qualitative and quantitative assessment techniques to explore the market size, share, and status of the Prenatal Testing market for the forecast period, 2020 - 2027. The extensive examination of the global business environment provides a detailed analysis of the key driving forces and challenges with the aim to give the stakeholders, business owners, and filed marketing executives a competitive advantage over others.

The market is poised to expand exponentially over the projected timeframe due to the escalating incidences of chromosomal defects with the rising maternal age. Every year nearly 10-15% of clinically reported pregnancies end in miscarriages, with chromosomal defects observed in approximately 50% of cases.

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Major players in the global market include Quest Diagnostics, Natera, Inc., GeneDx, Inc., Illumina, Inc., Prenatal Paternities Inc., Ravgen Inc., Ariosa Diagnostics, Inc., Counsyl, Inc., LabCorp, and Eurofins NTD Inc., among others.

Key Highlights from Report:

Quest Diagnostics acquired Blueprint Genetics Oy in January 2020. The consolidation of Blueprint Genetics into the Quest Diagnostics’ portfolio will expand and improve the Quest Value Proposition, contributing to its accelerated development schedule.

The Prenatal Testing Market is expected to be valued at USD 8.08 Billion by 2027 from USD 3.23 Billion in 2019, registering a CAGR of 12.9% through the forecast period.

Regional Analysis of the Prenatal Testing Market Includes:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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