Non-Invasive Prenatal Testing Market – Analysis and Forecast To 2024 | GE Healthcare, Perkinelmer.

 Non-invasive prenatal testing (NIPT) is a sensitive diagnosis method for identifying specific chromosomal abnormalities in the developing fetus. Chromosomal disorders such as Turner syndrome, Edwards syndrome, Patau syndrome, and down syndrome are some of the diseases which are screened using NIPT. The global non-invasive prenatal testing market is growing at a significant rate, due to mounting occurrence of chromosomal abnormalities, mounting maternal age and introduction of advanced products. Different products contributed to the non-invasive prenatal testing market size. The market has witnessed a high demand for consumables over the last few years due to repeated supplies of consumables as compared to instruments.

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Budding inclination for non-invasive techniques, mounting healthcare expenditure and programs focusing on boosting the alertness of NIPT are also facilitating the growth for the non-invasive prenatal testing market.

Absence of skilled professionals and consistency of test results in obese are the major challenges for the growth of non-invasive prenatal testing market. In addition, ethical hurdle is also hindering the growth of the market. Social-cultural values and norms, misuse of NIPT for minor conditions, accessibility and affordability, justice and fairness, permissibly legalizing termination of pregnancy due to a disability or any other undesired conditions, and others are some of the concerns associated with NIPT.

Globally, the manufacturing companies trying to enter the non-invasive prenatal testing market are required to maintain stringent regulatory standards. Moreover, the high level of capital requirement also poses a major barrier for the entry of new players.

Asia-Pacific is observed to witness the fastest growth in the market, due to mounting healthcare expenditure. In addition, boosting alertness programs and conferences are also creating a positive impact on the Non-invasive prenatal testing market growth in the region.

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Key players in the non-invasive prenatal testing market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. In December 2017, PerkinElmer, Inc. acquired EUROIMMUN Medical Laboratory Diagnostics AG, to strengthen its position in China and other emerging countries. GE Healthcare, Perkinelmer, Inc., Koninklijke N.V., Qiagen, Pacific Biosciences of California, Inc., Agilent Technologies, Inc., and Beijing Genomics Institute are the key players offering non-invasive prenatal testing.

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