NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
Non invasive prenatal testing (nipt) market (bambni test, harmony, informaseq, maternit21 plus, nifty, panorama, prenatest, verifi, visibilit and others) - global industry analysis, size, volume, share, growth, trends and forecast 2014 - 2022
1. Non-invasive Prenatal Testing (NIPT) Market (BambniTest,
Harmony, informaSeq, MaterniT21 PLUS, NIFTY, Panorama,
PrenaTest, verifi, VisibiliT and Others) - Global Industry
Analysis, Size, Volume, Share, Growth, Trends and Forecast
2014 - 2022
Report Description
2. Over the decade, the global non-invasive prenatal testing
(NIPT) has shown a healthy growth. The rise in the global
average of maternal age, coupled with the increasing
incidence of Down syndrome in newborns, has boosted the
market to a significant level. Additionally, the augmenting
demand for timely and non-invasive fetal diagnosis is
anticipated to propel the market in the coming years.
The global NIPT market is analyzed on the basis of the tests
and the regional distribution of this market. Based on tests,
the market is broadly classified into BambniTest, informaSeq,
Harmony, MaterniT21 PLUS, Panorama, NIFTY, PrenaTest,
VisibiliT, and verifi. Regionally, the worldwide market for
3. NIPT is distributed among North America, Asia Pacific,
Europe, and the Rest of the World.
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prenatal-diagnostics-market
The report present a comprehensive study of the global NIPT
market with an analytical approach. Market drivers,
restraints, opportunities, current and upcoming trends, and
various segmentations of this market has been discussed at
length in this study, making it a valuable source of guidance
for market participants.
Overview of the Global NIPT Market
4. The global NIPT market stood at US$0.5 bn in 2013.
Expanding at a CAGR of 17.50% over the period from 2014
to 2022, the market is projected to reach US$2.38 bn by the
end of the forecast period.
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According to the report, the first non-invasive prenatal test
launched in the market was MaterniT21 PLUS. The test was
introduced in 2011 and was intended to diagnose trisomy 21.
In 2013, the market for MaterniT21 PLUS accounted for
36.1% of the total revenue generated in the NIPT market
5. across the globe. However, this market segment is likely to
lose ground on account of rising commercialization of
panorama, Verifi, Bambni, and NIFTY during the forecast
period.
The NIPT market in North America emerged as the largest
regional market of the global NIPT market in 2013 with a
58.8% share in terms of revenue and a 51% share in terms of
volume. The presence of major market participants in the
U.S. and a high level of awareness pertaining to NIPT in
North America has boosted the regional market extensively.
The Asia Pacific NIPT market is showing immense potential
for growth. Australia, Japan, India, and China are the key
6. markets for NIPT in this region. A large population base of
women choosing late pregnancy is expected to drive the Asia
Pacific market for NIPT market over the forecast period.
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The presence of untapped opportunities in developing
economies across the globe provides a huge potential market
for participants. However, the strict regulatory guidelines
regarding non-invasive prenatal testing and the availability of
alternative screening and testing procedures are likely inhibit
the growth of the market to an extent.
7. Companies mentioned in the research report
Laboratory Corporation of America Holdings, Berry Genomics
Co. Ltd., Illumina Inc., LifeCodexx AG, Sequenom Inc., BGI
Diagnostics, Ariosa Diagnostics Inc., and Natera Inc. are the
major companies functioning in the global NIPT market.
Strategic partnership and alliance with hospitals, medical
research centers, and clinical laboratories are the key trends
among the market participants for the expansion of their
business.
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