Non Invasive Prenatal Testing Market Size, Share, Revenue, Latest Trends, Industry Growth, Demand and Forecast to 2028 | Grand View Research, Inc.

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According to a new report published by Grand View Research, advancements in the existing tests in terms of advanced functions, improved chemistry, and bioinformatics analysis are anticipated to spur market growth.

The global non invasive prenatal testing market size is anticipated to reach USD 6.5 billion by 2028 registering a CAGR of 10.9%, according to a new report by Grand View Research, Inc. High adoption and demand for early non-invasive prenatal testing (NIPT) coupled with improvements in reimbursement scenario are among the factors driving the market.

The use of invasive techniques of prenatal testing, such as chorionic villus sampling and amniocentesis, can lead to issues, such as miscarriage. This has led to a decline in the use of these procedures and high demand for tests that are more efficient, non-invasive, and safe. Furthermore, non-invasive fetal tests have a lower failure and false-positive rate, which has resulted in a considerable increase in uptake of non-invasive tests in the last few years.

The non-invasive prenatal testing market is highly saturated with the existing key players. Companies are forming partnerships and collaborations to maintain a stable position in the market. For instance, in August 2020, Eurofins Scientific announced an agreement with Noritsu Koki Co., Ltd. for the acquisition of GeneTech Inc., one of the pioneering NIPT developers in Japan. With this acquisition, Eurofins Scientific is set to strengthen its presence in the Japanese NIPT market.

 

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Non-invasive Prenatal Testing Market Report Highlights

The 13-24 weeks gestation period segment accounted for the largest revenue share in 2020 owing to the presence of a maximum number of tests carried out in this phase of pregnancy
NIPT for high- & average-risk pregnancy led the market owing to the presence of favorable payer reimbursement policies in this segment
Next-Generation Sequencing (NGS) is estimated to be the largest as well as the fastest-growing technology segment from 2021 to 2028, as NGS is the most commonly used method for NIPT
The diagnostic laboratories end-use segment held the largest revenue share in 2020 and will expand further at the fastest CAGR from 2021 to 2028 due to the rising number of diagnostic laboratories across the globe that offer NIPT
Asia Pacific is expected to register the fastest year-on-year growth owing to the gradually increasing average maternal age and rising incidence of chromosomal aneuploidies
One of the key trends followed by market participants includes licensing of the test to other labs and generating significant revenue by collecting royalty payments

 

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Non-invasive Prenatal Testing Market Segmentation

Grand View Research has segmented the global non-invasive prenatal testing market on the basis of the gestation period, risk type, method, technology, product, end-use, and region:

NIPT Gestation Period Outlook (Revenue, USD Million, 2017 – 2028)

0-12 Weeks
13-24 Weeks
25-36 Weeks

 

NIPT Risk Type Outlook (Revenue, USD Million, 2017 – 2028)

High & Average Risk
Low Risk

 

NIPT Method Outlook (Revenue, USD Million, 2017 – 2028)

Ultrasound Detection
Biochemical Screening Tests
Cell-Free DNA in Maternal Plasma Tests

 

NIPT Technology Outlook (Revenue, USD Million, 2017 – 2028)

NGS
Array Technology
PCR
Other Technologies

 

NIPT Product Outlook (Revenue, USD Million, 2017 – 2028)

Consumables & Reagents
Instruments

 

NIPT End-use Outlook (Revenue, USD Million, 2017 – 2028)

Hospitals & Clinics
Diagnostic Laboratories

 

NIPT Regional Outlook (Revenue, USD Million, 2017 – 2028)

North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Asia Pacific
Japan
China
India
Singapore
Australia
Latin America
Brazil
Mexico
MEA
South Africa
Saudi Arabia

 

List of Key Players of Non-invasive Prenatal Testing Market

Genesis Genetics (CooperSurgical, Inc.)
Natera, Inc.
Centogene N.V.
Illumina, Inc. (Verinata Health, Inc.)
Eurofins LifeCodexx GmbH
MedGenome Labs Ltd.
F. Hoffmann-La Roche Ltd. (Ariosa Diagnostics)
Myriad Women’s Health, Inc. (Myriad Genetics Inc/Counsyl, Inc.)
Progenity, Inc.
Qiagen
Laboratory Corp. of America Holdings
Quest Diagnostics, Inc.

 

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About Grand View Research

Grand View Research is a full-time market research and consulting company registered in San Francisco, California. The company fully offers market reports, both customized and syndicates, based on intense data analysis. It also offers consulting services to business communities and academic institutions and helps them understand the global and business scenario to a significant extent. The company operates across multitude of domains such as Chemicals, Materials, Food and Beverages, Consumer Goods, Healthcare, and Information Technology to offer consulting services.

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