05-Jul-2021 | Zion Market Research
The global Non-Invasive Prenatal Testing (NIPT) market accounted for USD 921 Billion in 2020 and is expected to reach USD 1582 Billion by 2028, growing at a CAGR of around 6.7% between 2021 and 2028.
The Non-Invasive Prenatal Testing (NIPT) market report includes a comprehensive view and analysis on the global and regional levels. The report gives historic data of 2016 along with a forecast from 2021 to 2028 based on revenue (USD Billion). The study comprises drivers, restraints, and opportunities for the Non-Invasive Prenatal Testing (NIPT) market along with the impact on the demand over the forecast period.
The report provides a complete view of the Non-Invasive Prenatal Testing (NIPT) market and encompasses a detailed product portfolio and strategic developments of key vendors. To know the competitive landscape of the Non-Invasive Prenatal Testing (NIPT) market, an analysis of Porter’s five forces model is incorporated in the study. The study covers market attractiveness analysis, in which type and application segments are analyzed based on the market size, growth rate, and attractiveness.
The study provides a decisive view on the non-invasive prenatal testing (NIPT) market by segmenting the market based on test type, end-user, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2021 to 2028. Based on test type the market is segmented into panel 1, panel 2 and panel 3. Key end-users covered under this study include hospitals, diagnostic centers, and maternity clinics. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East & Africa with its further bifurcation into major countries including the U.S., Canada, Rest of North America, Germany, U.K., France, Italy, Spain, Russia, Rest of Europe, China, Japan, India, Australia, Rest of Asia Pacific, Brazil, Mexico, Argentina, Rest of Latin America, Saudi Arabia, UAE, Qatar, South Africa and Rest of Middle East and Africa. This segmentation includes demand for veterinary anti-infectives based on individual test type and end-users in all the regions and countries.
Based on geography, North America held the most important share of the worldwide NIPT market in terms of revenue. Major players domiciled within the U.S. and comparatively high awareness levels about NIPT in North America are the key factors attributed to the region’s leadership position. In Europe, market growth largely depends upon the increasing penetration of those U.S.-based test developers and an increase in acceptance of those tests. Japan, Australia, China, and India represent high growth potential markets in Asia-Pacific. The NIPT market in China is dominated by two local players BGI Diagnostics and Berry Genomics. Additionally, the recent CFDA approval for Bambini Test would propel the expansion of the market during this region.
The major players that are comprised in Non-Invasive Prenatal Testing (NIPT) market are Ariosa Diagnostics, Inc., Berry Genomics Co., Ltd, BGI Diagnostics, Illumina, Inc., LifeCodexx AG, Natera, Inc., Sequenom Laboratories, and Quest Diagnostics, Inc. The market is saturated with few players operating in the NIPT space and these companies are expected to compete on the grounds of cost and functionality. Product differentiation, new product launches and merger and acquisition are some of the strategies adopted by these industry participants.
Browse the full “Non-Invasive Prenatal Testing (NIPT) Market By Test Type (Panel 1, Panel 2 And Panel 3) And End-Users (Hospitals, Diagnostic Centers And Maternity Clinics): Global Industry Perspective, Comprehensive Analysis And Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/non-invasive-prenatal-testing-market
The global Non-Invasive Prenatal Testing (NIPT) Market is segmented as follows:
By Test Type
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