Market Industry Reports (MIR) has published a new report titled “Non-Invasive Prenatal Testing (NIPT) Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global non-invasive prenatal testing market accounted for over US$ 1.5 Bn in 2019. It is anticipated to grow at a CAGR of approximately 16.2% from 2019 to 2030.
The rising prevalence of genetic disorders owing to increasing maternal age is promoting applications of Non-Invasive Prenatal Testing (NIPT) for early detection in fetal stages. For instance, the risk of the fetus having Down syndrome is about 1 in 1,250 for women who conceive at the age of 25. The risk increases to about 1 in 100 for women who conceive at the age of 40. Moreover, there are several agreements signed for the promotion of NIPT. For instance, in February 2018, Harvard Pilgrim signed a value-based contract with Illumina, Inc. to enable wider patient access to the next generation of noninvasive testing for the detection of prenatal genetic abnormalities. However, the complexities associated with Non-Invasive Prenatal Testing (NIPT) require trained professionals, which pose serious concern for the growth of the market.
Some of the prominent players in the non-invasive prenatal testing market include:
Illumina, Inc., Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd, QIAGEN, BGI, Agilent Technologies, Inc., Natera, Inc., YOURGENE HEALTH, CENTOGENE N.V., and PerkinElmer Inc., among others.
Illumina, Inc., Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd, QIAGEN, BGI, Agilent Technologies, Inc., Natera, Inc., YOURGENE HEALTH, CENTOGENE N.V., and PerkinElmer Inc., among others.
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