Press Release
Press Release
The global non-invasive prenatal testing (NIPT) market is dominated by the North American region. Growth in this market is driven by the high risk of chromosomal abnormalities. Advancing maternal age can cause a number of health conditions, such as decreased fertility, high blood pressure, increase in the risk of miscarriage, stillbirths, maternal deaths, and increase the risk of genetic disorders in babies as a result of the improper chromosomal division. In many countries, the average age of first-time mothers has increased. Factors like increasing maternal age, growing preference for non-invasive techniques over invasive methods, improving reimbursement scenario for non-invasive prenatal testing has also been accelerating the market growth. Development of kits and consumable sector contributes to the growth of non-invasive prenatal testing owing to increasing approvals for assays and rate of tests conducted worldwide. Surge in the use of cell-free for predicting the risk of genetic conditions in prenatal care is generating a high revenue for cell-free DNA-based NIPT segment. Diagnostics laboratories segment has been holding a dominant position in the market due to ample availability of trained laboratory technicians and well-equipped facilities. Increasing awareness of non-invasive prenatal testing and untapped market potential in emerging economies across Asia offers lucrative growth opportunities. Government is also taking initiatives to encourage the use of non-invasive prenatal testing. Huge government spending on research and development activities is one of the major factors driving the market growth. However, shortage of skilled professionals, reliability of test results, especially in obese women, are some of the factors restraining the growth of this market.
The rising competition among the key players is also providing an impetus to the market growth. Illumina, Inc. (NASDAQ: ILMN) in June’ 2021 collaborated with Next Generation Genomic to introduce VeriSeq™ NIPT Solution v2 in Southeast Asia. While prenatal screening has been available for over 30 years, conventional tests are limited in their ability to screen beyond the common trisomies of chromosomes 21, 18, and 13, but with this, healthcare providers can obtain a comprehensive view of all 23 chromosome pairs, while limiting risk to their patient. This technique will offer accurate, sensitive, and specific screening for chromosomal changes and provide more information to healthcare providers and expectant parents to empower their journey through pregnancy.
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The major players in the global non-invasive prenatal testing (NIPT) industry are Illumina, Inc., Thermo Fisher Scientific Corporation, PerkinElmer, Inc., Agilent Technologies, Inc., and F. Hoffmann-La Roche AG, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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