Outlook on the Global Non-Invasive Prenatal Testing Market to 2027 - Featuring PerkinElmer, Natera & F. Hoffman La Roche Among Others - ResearchAndMarkets.com

DUBLIN--()--The "Global Non-Invasive Prenatal Testing Market Demand Analysis & Opportunity Evaluation, 2019-2027" report has been added to ResearchAndMarkets.com's offering.

The global non-invasive prenatal testing market is estimated to grow on the back of rising healthcare expenditure with increasing demand for efficient disease diagnostic practices coupled with growing technological developments and discoveries. The world bank reported a rise in global current health expenditure (% GDP) from 9.453% in 2011 to 10.023% in 2016.

Increasing incidences of chronic oncogenic diseases such as cancer with an estimated new cases of 18.1 million in 2018, as per International Agency for Research on Cancer (IARC), is anticipated to display rapid growth in application of non-invasive prenatal testing in the upcoming years to diagnose irregular chromosome sequences of fetuses and calculate the probability of cancer incidence in the fetus over the future.

Besides, increasing maternal age of the present population on the back of increasing working women population across the developed and developing countries of the world is anticipated to display rapid growth of NIPT market around the world. Global non-invasive prenatal testing market stood at USD 2168 Million in 2018 and is likely to achieve USD 6406 Million by 2027 expanding at a CAGR of 12% between 2020 and 2027

The Centers for Medicare & Medicaid Services reported that the US health care spending grew 3.9% in 2017, reaching USD 3.5 trillion or USD 10,739 per person. This rise in healthcare expenditure across the nation is expected to boost the high-end healthcare diagnostic and treatment procedures and technologies in-turn propelling the non invasive prenatal testing market during the forecast period. The US holds around 84% of the market share of the NIPT market in North America majorly due to its dominating share in the healthcare industry in 2018. Presence of major market players across the US such as, Natera Inc., Illumina Inc., Laboratory Corporation of America Holdings and others are significantly influencing the non invasive prenatal testing market. The US NIPT market is expected to grow further on the back of growing research and development practices and expanding product applications with increasing discoveries.

Germany's healthcare market has grown at a rate of 3.8% over the past 10 years. The healthcare expenditure exceeds USD 1.10 Billion per day, making healthcare as one of the largest economic sectors in Germany. Additionally, Germany's outstanding capabilities, resources, and infrastructure in healthcare accompanied with companies participating in thousands of research projects with other partners from industry and scientific institutions to scale-up production, sales, and marketing as well as R&D in biotechnological procedures or pharmaceutical products are propelling the healthcare sector progressively. This is attributed to drive the non invasive prenatal testing market coherently, during the forecast period.

Key Topics Covered:

1. Introduction

  • Market Definition
  • Product Definition
  • Research Objective
  • Research Methodology

2. Executive Summary

3. Industry Analysis

  • Policy & Regulatory Landscape
  • Risk Analysis

4. Epidemiology of Prenatal Disorders

5. Market Dynamics of Global Non-invasive Prenatal Testing Market

  • Market Drivers
  • Market Challenges
  • Market Trends
  • Opportunities

6. Global Non-invasive Prenatal Testing Market

  • Market Overview - Market Size and Forecast, 2018-2027

7. North America Non-invasive Prenatal Testing Market

  • Market Overview - Market Size and Forecast (2018-2027)

8. Europe Non-invasive Prenatal Testing Market

  • Market Overview - Market Size and Forecast (2018-2027)

9. Latin America Non-invasive Prenatal Testing Market

  • Market Overview - Market Size and Forecast (2018-2027)

10. Asia Pacific Non-invasive Prenatal Testing Market

  • Market Overview - Market Size and Forecast (2018-2027)

11. Middle East and Africa Non-invasive Prenatal Testing Market

  • Market Overview - Market Size and Forecast (2018-2027)

12. Competitive Landscape

  • Competitive Positioning
  • Company Profiles of top players

13. Strategic Recommendations

Companies Mentioned

  • PerkinElmer Inc.
  • Natera Inc.
  • F. Hoffman La Roche Ltd
  • Yourgene Health plc
  • BGI
  • Illumina Inc.
  • Agilent Technologies
  • Laboratory Corporation of America Holdings
  • Quest Diagnostics

For more information about this report visit https://www.researchandmarkets.com/r/v861xi

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900