Rising affected person consciousness drives technological advances and expands advertising for prenatal genetic exams globally, says Frost & Sullivan
SAN ANTONIO, Oct. 24, 2022 /PRNewswire/ — Rising affected person consciousness drives technological advances and expands advertising for prenatal genetic exams globally, in accordance to Frost & Sullivan’s latest evaluation, Global Prenatal Genetic Testing Industry. Physicians’ emphasis on exams for youngsters and fogeys in common medical consultations has additional accelerated the trade’s progress. The international marketplace for prenatal genetic testing is predicted to attain $11.39 billion by 2026 from $8.08 billion in 2021, registering enlargement at a compound annual progress price (CAGR) of seven.1%.
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“The continued increase in the prevalence of those born with genetic disorders and the increase in maternal age, which can lead to pregnancy complications, is fueling the demand for prenatal genetic testing,” mentioned Lucila Martin, Healthcare Research Analyst at Frost & Sullivan. “This pushes companies to offer several tests, including counseling services, to find the best option for each patient.”
Martin added: “Non-invasive prenatal test (NIPT) is the largest segment in the prenatal genetic market. It will grow due to its promising features such as accuracy and a decrease in its margin of error for false results. Further, carrier screening and miscarriage tests will also contribute significantly to the industry’s overall growth over the forecast period.”
To reap the benefits of increasing prenatal genetic testing, market individuals ought to:
- Develop low-cost options to meet the calls for of low-resource areas, providing coaching on tools administration and care.
- Focus on working with establishments and well being professionals, so their exams have better scope and are provided at common obstetrics and gynecology consultations to construct affected person confidence.
- Adopt a direct-to-consumer gross sales strategy by helping sufferers by medical doctors or a genetic counselor in order that professionals information the purchases.
Global Prenatal Genetic Testing—Forecast to 2026 is the most recent addition to Frost & Sullivan’s Healthcare analysis and analyses out there by the Frost & Sullivan Leadership Council, which helps organizations determine a steady stream of progress alternatives to reach an unpredictable future.
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Global Prenatal Genetic Testing—Forecast to 2026
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