Non-Invasive Prenatal Testing Market Research Report covers the present scenario and the growth prospects of the Non-Invasive Prenatal Testing Industry for 2016-2020. Non-Invasive Prenatal Testing Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Non-Invasive Prenatal Testing globally.
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The Non-Invasive Prenatal Testing Market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Non-Invasive Prenatal Testing Market:
- BGI Genomics
Other Prominent Vendors of Non-Invasive Prenatal Testing Market Are:
- Ariosa Diagnostics
- Berry Genomics
- F. Hoffmann-La Roche
- Genpharm Services
- Laboratory Corporation of America Holdings
“Increase in partnerships and collaborations will be a challenge for the market. Vendors enter into partnerships and collaborations to extend their product offerings, increase their market shares, and expand their operations. These partnerships and collaborations help vendors enhance their R&D capabilities for manufacturing innovative devices that meet consumer needs. For instance, in 2015, Human Longevity entered into a partnership with Roche Diagnostics to conduct whole-genome sequencing of Roche Diagnostics’ subsidiary Genentech’s de-identified samples. The partnership helped Roche Diagnostics analyze patient samples based on precise genetic categories and discover new diagnostics and targeted therapies. In 2011, Natera formed a partnership with DNA Diagnostics Center to enter the market. These partnerships and collaborative activities are accelerating drug discovery efforts, which will lead to the development of new therapies to detect chromosomal abnormalities in neonates.”
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According to the Non-Invasive Prenatal Testing Market report, the number of neonates with chromosomal disorders is on the rise worldwide due to rapid urbanization, child-bearing at an advanced maternal age, pollution, and increased consumption of alcohol consumption. This factor will be a key driver for market growth. A few conventional procedures such as chorionic villus sampling and amniocentesis that help detect chromosomal defects in developing fetuses are available in the market. However, these tests have high chances of causing miscarriage, restricting people from undergoing them. This unmet need led to the development of new advanced prenatal tests that are invasive and have no risks of miscarriage. Vendors are also developing NIPTs that have high accuracy result and lower side effects for use in hospitals and nursing homes.
Report also presents Geographical Segmentation analysis of Non-Invasive Prenatal Testing Market of Americas, APAC, EMEA region.
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Further, the Non-Invasive Prenatal Testing Market report states that limited consumer options and lack of effective product differentiation will be a challenge for the market. The market presents significant opportunities for vendors to expand and increase their profit margins. The standard economic equilibrium theory states that markets with high-profit margins attract new competitors. The intense competition is largely based on clinical results and designs of the products. Most vendors have similar product offerings, which limit the options for consumers. This has led many companies, particularly the leading vendors, to operate on low-profit margins, which will persist during the forecast period as well. If this situation continues, leading vendors will face difficulties in surviving in the market.
Key questions answered in Non-Invasive Prenatal Testing market report:
- What will the Non-Invasive Prenatal Testing market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving Non-Invasive Prenatal Testing market?
- What are the challenges to Non-Invasive Prenatal Testing market growth?
- Who are the key vendors in Non-Invasive Prenatal Testing market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
No of Pages: 70
Price of Report: $ 2500 (Single User License)
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