According to the latest report published by Variant Market Research, the global preimplantation genetics diagnosis (PGD) is estimated to reach $140 Million by 2024 from $86 Million in 2016, growing at a CAGR of 6.2% from 2016 to 2024.
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Advancement in the field of genetic analysis drives the global preimplantation genetics diagnosis market
Declining fertility rate, increasing occurrence of genetic disorders, rising demand of IVF treatments are the major factors to drive the global PGD market. Also,advancements in the field of genetic analysisand high possibility of genetic abnormalities in embryos with progressing maternal age have supported the market growth. However, factors such as strict government principles and social-economic worriesmay hamper the market growth. Moreover, rising R&D and market expansion is expected to generate new growth opportunities for the market in the forecast period.
Preimplantation Genetics Diagnosis Market Get Table of Content (TOC) @ https://www.variantmarketresearch.com/report-categories/medical-devices/preimplantation-genetics-diagnosis-market/toc
The global preimplantation genetics diagnosis (PGD) market is mainly classified on the basis of test type, and geography. By test type, the segment comprises chromosomal abnormalities, gender selection, HLA typing, X-linked diseases, single gene disorders, and other test types. Furthermore by geography, North America, Europe, Asia Pacific, and Rest of the World (RoW) are the major segments considered in the global PGD market. The U.S., Canada, and Mexico are covered under North America, whereas Germany, UK, France, and Rest of Europe are covered under Europe. Asia-Pacific is divided into China, India, Japan, and Rest of Asia-Pacific. Rest of the World includes Middle East, South America, and Africa.
Chromosomal abnormalities dominated the test type segment in 2016
Chromosomal abnormalities accounted for the majority of the market share in 2016, while, other test types is anticipated to attain the fastest CAGR throughout the forecast period 2016–2024.
Europe accounted for the largest market share in the global PGD market
Europe generated the largest revenue accounting for about 31.5%, followed by North America. North America is expected to achieve the fastest CAGR during the forecast period, owing to growing awareness among people concerning availability of this treatment, and increasing government investments.
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Major market players in the market include Natera, Inc., Abbott Laboratories, F. Hoffmann-La Roche AG, Beijing Genomics Institute (BGI),PerkinElmer, Inc., Illumina, Inc.,Agilent Technologies, Inc., PerkinElmer, Inc., Cooper Surgical, Inc., and Thermo Fisher Scientific, Inc.,among others.
Scope of Preimplantation Genetics Diagnosis (PGD) Market
Test Type Segments
- Gender Selection
- Chromosomal Abnormalities
- Single Gene Disorders
- HLA Typing
- X-Linked Diseases
- Other Test Types
- North America
- Asia Pacific
- South America
- Middle East
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