PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1544710
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1544710
Non-invasive prenatal testing market size is set to record a 12.4% CAGR during 2024-2032 propelled by a surging demand for early and precise prenatal screening.
Non-invasive prenatal testing (NIPT) stands out as a secure and dependable method for identifying genetic anomalies in fetuses, such as Down syndrome, all while posing minimal risks to both mother and child. As awareness about the advantages of early genetic screening amplifies, the demand for these products will also rise.
Advancements in next-generation sequencing and bioinformatics are bolstering the accuracy and efficiency of NIPT, rendering it increasingly appealing to expectant parents. With enhanced access to prenatal care and rising disposable incomes in emerging markets, there is a notable uptick in product adoption, as more individuals can afford and are actively seeking advanced prenatal screening services. For example, in March 2024, BillionToOne launched 'BabyPeek', a novel prenatal genetic test, in the U.S.
The overall industry is divided into product, technology, application, end-use, and region.
Based on technology, the non-invasive prenatal testing market size from the PCR segment is expected to generate notable revenue by 2032 due to its pivotal role in enhancing the accuracy and reliability of genetic screening. PCR technology adeptly amplifies and analyzes minute quantities of fetal DNA found in maternal blood, facilitating the detection of genetic anomalies with heightened sensitivity and specificity.
NIPT market from the microdeletion detection application segment is projected to observe a robust CAGR during 2024 - 2032. This is owing to its ability to identify subtle genetic abnormalities that are not always detected by traditional screening methods. Microdeletions involve the loss of small segments of chromosomes, which can lead to various genetic disorders.
Asia Pacific non-invasive prenatal testing industry size will grow substantially between 2024 and 2032. This growth is fueled by heightened awareness of advanced prenatal screening technologies, increasing disposable incomes, and an evolving healthcare infrastructure. Moreover, advancements in genetic testing, broader access to healthcare, a rising prevalence of genetic disorders, and a growing emphasis on timely and accurate prenatal care bolster the region's market development.