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Global Non-Invasive Prenatal Testing (NIPT) Market

Focus on Method, Test, Platform, End User, Application and Country Analysis - Analysis and Forecast, 2020-2031

 
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The global non-invasive prenatal market was valued at $2.52 billion in 2020 and is expected to reach $12.61 billion by 2031.
The top market players are Agilent Technologies, Inc., F. Hoffmann-La Roche Ltd, PerkinElmer, Inc., Quest Diagnostics Incorporated, Illumina, Inc., Myriad Genetics, Inc., BGI, CENTOGENE N.V., Laboratory Corporation of America Holdings, MedGenome Inc., Annoroad Gene Technology, Natera, Inc., Yourgene Health PLC, Next Biosciences, Eurofins Scientific.
Factors driving the growth of the non-invasive prenatal testing market are increased emphasis on early detection and prevention, availability of advanced screening technologies, increasing consumer demand, shifting of reimbursement policies toward more genetics coverage, high incidence rate of down syndrome, rising average maternal age, and increasing prevalence of genetic and congenital disorders.
Some of the main challenges restricting the growth of the non-invasive prenatal testing market are stringent regulatory guidelines and ethical hurdles, limitations of NIPT, lack of awareness among consumers, and alternative screening and testing methods.
The potential opportunities that are likely to boost the growth of the non-invasive prenatal testing market are capitalizing on the potential presented by the emerging markets in Asia, and availability of direct-to-consumer tests, and focus on pre-implantation genetic diagnosis.
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