Non-Invasive Prenatal Testing (NIPT) Market Overview
Global non-invasive Prenatal Testing NIPT market is anticipated to topple 8,217.3 million by the forecasted year of 2025. This growth is expected to be achieved at the CAGR of 12.8%. NIPT testing is crucial testing tried during the days of pregnancy. It also is used for the monitoring of fetal growth and is a handy way of conducting associated diagnosis. Reportedly, about 21 million girls between the ages group of 15 and 19 give birth, which makes it’s a market even more significant.
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There are many factors touted as the crucial ones behind the growing market prospects for non-invasive prenatal testing market, in both developing and developed parts of the world. An immensely growing population is indeed one of the foremost reasons behind this. Moreover, a growing level of awareness towards the effectiveness of these testing is also one of the key reasons behind the increasing usage of these methods. At the same time, people are much concerned these days about the negativities associated with the unhealthy lifestyle is also one of the prime reasons behind the growth of the global non-invasive prenatal testing.
In comparison with all other methods available for this, NIPT is indeed the most effective and reliable. With growing studies and research, it is true that the level of accuracy is getting finer. There are many references one can find in terms of its satisfied user group as well. Moreover, there is a significant boost in promotional campaigns already witnessed in modern times. Keeping all these factors in mind, the market of international non-invasive prenatal testing is indeed much impressive.
Non-Invasive Prenatal Testing (NIPT) Market Segmentation
The global non-invasive prenatal testing market can be segmented on the basis of product type, applications, end-user, and on the basis of region. On the basis of product type, the market can be further segmented into devices, consumables, and others; On the basis of techniques, the market can be classified into biochemical screening test and ultrasound detection. In terms of application, the market can be further segmented into Trisomy, microdeletion, and others. On the basis of end-user, the market is segmented into a diagnostic laboratory, hospital, and research institute. In terms of region, the market is segmented into America, Europe, Asia Pacific, and Middle East.
Non-Invasive Prenatal Testing (NIPT) Market Regional analysis
On the basis of region, the international non-invasive prenatal testing domain can be segmented into America, Europe, Asia Pacific, Middle East, and Africa. America is indeed the most prominent market powered by its immense technological boost. The European market is witnessing a significant boost as well, with a growing level of awareness. Asia Pacific market is quite promising, led by developed nations like India and China. The huge population in both these parts of the world is considered as the prime reason behind the immense opportunity of the market. The best part is that it shows promise for forthcoming years as well. Idle East and Africa are also expected to show a noteworthy boost on a comparative note.
Industry News
Owned publishes a report about the global non-invasive prenatal testing market. It identifies the key factors playing a crucial role in boosting the market size. At the same time, it figures out the rate of growth at which the market is expected to keep on ramping. The report identifies the crucial markets as well.
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