Non-Invasive Prenatal Testing Market Has Bright Future, States DPI Research in Its New Report Available at MarketPublishers.com19 Jan 2017 • by Natalie Aster
LONDON – Currently being worth close to USD 1 billion, the non-invasive prenatal testing (NIPT) marketplace is anticipated to go beyond the USD 4 billion mark by value in the 15 key markets by 2021-end, with over 2.5 million tests likely to be performed by the 11 leading NIPT tests by that the end of the forecast period.
The main drivers of the market growth include the increased birth prevalence rates of Down syndrome, no risk of recurrent pregnancy loss with NIPT and a growing trend for childbearing at a later time – 35 years or beyond this age. With an upsurge in patients’ access to NIPT test, the NIPT test sector is poised to have a shiny outlook in the offing. Meantime, stiff regulatory requirements, high test costs and ethical issues act as key hindrances of the development of NIPT test market.
With respect to NIPT tests, Natera Panorama test is poised to dominate the market with a share of over 25% by 2021; MaterniT21 Plus and Bambini tests are projected to follow the pack taking up the 2nd and 3rd positions. Harmony test is the 4th major test in the market.
The USA is the largest market with a market share of over 50% as of 2016. China follows after and is projected to grow at an impressive CAGR by 2021.
New research report “Non-Invasive Prenatal Testing (NIPT) Marke” created by DPI Research gives a comprehensive, unbiased evaluation of the NIPT marketplace presenting deep insights, facts, historical figures, and statistically supported reliable market data. The study analyses and segments the market based on test type, and as well as actual and potential market analysis across the leading counties. The report provides a granular analysis of NIPT tests with volume and market revenues. It also presents an overview of the competitive scenario; sheds light on the major growth challenges, drivers, actual and forthcoming trends.
More new market research reports by our partner can be found at its page.