Global Non-Invasive Prenatal Testing (NIPT) Market Size By Application (Trisomy, Microdeletions Symptoms, Others), By Method (Biochemical Screening Test, Ultrasound Detection, Cell-Free DNA in Maternal Plasma Test), By Geographic Scope And Forecast

Report Highlights

Non-Invasive Prenatal Testing (NIPT) Market Insights

Non Invasive Prenatal Testing (NIPT) Market was valued at USD 2.00 Billion in 2019 and is projected to reach USD 6.17 Billion by 2027, growing at a CAGR of 16.32% from 2020 to 2027.

The Non-Invasive Prenatal Testing (NIPT) Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market are outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Non-Invasive Prenatal Testing (NIPT) Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.

Global Non-Invasive Prenatal Testing (NIPT) Market Outlook

As technology improves and the cost of genetic testing decreases, researchers expect that NIPT will become available for many more genetic conditions. With NIPT becoming available in more and more areas, there is a significant commercial drive that is expected to aid the growth of the market in the forecast years. NIPT has been validated through comparisons with standard prenatal aneuploidy screening and has shown to be a highly accurate screening test with high sensitivity and specificity.

This report provides an all-inclusive environment for the analysis of the Non-Invasive Prenatal Testing (NIPT) Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews, and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political, and economic factors along with the current market dynamics affecting the Non-Invasive Prenatal Testing (NIPT) Market growth.

Along with the market overview, which comprises the market dynamics the chapter includes Porter’s Five Forces analysis which explains the five forces: namely buyers’ bargaining power, suppliers’ bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the Non-Invasive Prenatal Testing (NIPT) Market. It explains the various participants, such as system integrators, intermediaries, and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Non-Invasive Prenatal Testing (NIPT) Market.