Prenatal and Newborn Genetic Testing Market Expected to Reach USD 8.37 Billion Globally in 2019: Transparency Market Research

Prenatal and Newborn Genetic Testing Market Expected to Reach USD 8.37 Billion
                Globally in 2019: Transparency Market Research

  PR Newswire

  ALBANY, New York, March 24, 2014

ALBANY, New York, March 24, 2014 /PRNewswire/ --

According to a new market report published by Transparency Market Research
"Prenatal and Newborn Genetic Testing Market (PCR, FISH, aCGH, NIPT and MSS):
Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 -
2019" the global prenatal and newborn genetic testing market was valued USD
1.12 billion in 2012 and expected to grow at a CAGR of 26.9% from 2013 to
2019, to reach an estimated value of USD 8.37 billion in 2019.

Prenatal and newborn genetic testing is referred to the utilization of
screening/diagnostic procedures for a fetus or a new born baby to detect
chromosomal abnormalities such as Down syndrome, Patau syndrome and Edward
syndrome. These testing procedures enable detection of certain genetic
abnormalities in as early as 8 to 10 weeks of gestation and also help to
determine the sex of the fetus. According to Northwestern Medical Faculty
Foundation, Down syndrome, open neural tube defects and trisomy 18 are the
birth defects that 85% of women are advised to be screened or tested during
pregnancy. Whereas, there are some tests which provides information about
trisomy 13 and other chromosome abnormalities. Prenatal and newborn genetic
tests are of two types, diagnostic and screening tests. Diagnostic tests helps
to confirm the presence of certain genetic conditions in a fetus or a new born
baby, while screening tests detects the chance of development of certain
genetic abnormalities in a fetus or new born baby.

Browse Global Prenatal   and   Newborn   Genetic   Testing   Market
Report with Full TOC at
http://www.transparencymarketresearch.com/prenatal-new-born-genetic-testing.html

The prenatal and newborn genetic testing market is driven by increasing
maternal age and late pregnancies, technological advancements and growing
awareness about genetic disorders in the fetus. It was also observed that the
prenatal and newborn genetic testing market is still at a nascent stage and
have many opportunities such as capitalizing on potential markets in the
emerging Asian, African and Latin American countries.

In diagnostic techniques market, polymerase chain reaction (PCR) segment
accounted for the largest share, as compared to FISH and aCGH. The PCR market
is mainly driven by rising incidences of genetic diseases and forensics
coupled with high process efficiency, better precision and reliability of the
technique, and amplification. Non-invasive prenatal testing (NIPT) is the
largest market segment in screening method and is expected to grow at highest
CAGR of 37.6% from 2013 to 2019.

The North American region accounted for the largest share of the total
prenatal and newborn genetic testing market. One of the key factors driving
the growth of North America market is the non-invasive nature of the test that
completely eliminates the risk of miscarriage associated with invasive tests
such as amniocentesis and CVS (Chorionic Villus Sampling).

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The diagnostic testing techniques market consists of key players such as
Bio-Rad Laboratories, Agilent Technologies, Perkin Elmer and Ariosa
Diagnostics. Agilent Technologies and Bio-Rad Laboratories are the leading
players in diagnostic testing techniques market because of their dominance in
reagents and instruments market. Major players of the screening methods market
are Sequenom, Inc., Illumina, Inc. and Natera, Inc. Overall Sequenom, Inc. and
Verinata Health are the major market players of the global prenatal and
newborn genetic testing market because of their initial product launches in
this market.

The global prenatal and newborn genetic testing market is segmented as
follows:

Prenatal   and   Newborn   Genetic   Testing   Market,   by  
Technology

  *Diagnostic Techniques

    Polymerase Chain Reaction (PCR)

    Fluorescence In-Situ Hybridization (FISH)

    Array-Comparative Genomic Hybridization (aCGH)

  *Screening Methods

    Non-invasive Prenatal Tests (MaterniT21 PLUS, Verifi, Harmony, Panorama,
    NIFTY, PrenaTest and Bambni Test)

    Maternal Serum Screening (MSS)

Browse Global Prenatal   and   Newborn   Genetic   Testing   Market
Report with Full TOC at
http://www.transparencymarketresearch.com/prenatal-new-born-genetic-testing.html

Prenatal   and   Newborn   Genetic   TestingMarket,   by  
Geography

  *North America
  *Europe
  *Asia-Pacific
  *Rest of the World (RoW)

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http://www.transparencymarketresearch.com/pharmaceutical-market-reports-1.html

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