The Worldwide Prenatal and New-born Genetic Testing Industry is Expected to Reach $14.3 Billion by 2027: Rising Application of Genetic Testing in Oncology and Genetic Diseases Drives Growth
Some of the companies covered in this report are Abbott Laboratories, Agilent Technolgies, AutoGenomics, Baebies, Berry Genomics Co. Ltd., etc.
DUBLIN, Jan. 25, 2023 /PRNewswire/ -- The "Global Prenatal and New-born Genetic Testing Market (2022-2027) by Type, Technology, Application, and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Prenatal and New-born Genetic Testing Market is estimated to be USD 8.03 Bn in 2022 and is expected to reach USD 14.34 Bn by 2027, growing at a CAGR of 12.3%
Market Dynamics
Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors.
There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.
As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding growth and reducing risks.
Company Profiles
The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Abbott Laboratories, Agilent Technolgies, AutoGenomics, Baebies, Berry Genomics Co. Ltd., etc.
Countries Studied
- America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Competitive Quadrant
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the Global Prenatal and New-born Genetic Testing Market. Ansoff Matrix, also known as the Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
The analyst analyses the Global Prenatal and New-born Genetic Testing Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Prenatal and New-born Genetic Testing Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Dynamics
4.1 Drivers
4.1.1 Growing Application of Genetic Testing in Oncology and Genetic Diseases
4.1.2 Growing Adoption of Precision Medicine Diagnostic Techniques
4.1.3 Rising Implementation of Personalized Medicine Applications to Treat Chronic Disorders
4.1.4 Growing Demand for Direct-To-Consume
4.2 Restraints
4.2.1 Lack of Experienced Professionals
4.2.2 Social and Ethical Implications of Genetic Testing
4.3 Opportunities
4.3.1 Stringent Regulatory for Product Approvals
4.3.2 Technological Advances in the Field of Genetic Testing and Panels for Ecs
4.4 Challenges
4.4.1 High Cost of Next Generation Sequencing
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
5.5 PESTLE Analysis
6 Global Prenatal and New-born Genetic Testing Market, By Type
6.1 Introduction
6.2 Carrier Testing
6.3 Diagnostic Testing
6.4 New Born Screening
6.5 Pharmacogenomics
6.6 Preimplantation Testing
6.7 Prenatal Testing
6.8 Presymptomatic and Predictive Testing
7 Global Prenatal and New-born Genetic Testing Market, By Technology
7.1 Introduction
7.2 Cytogenetics
7.3 DNA Sequencing
7.4 Gene Expression Profiling
7.5 Microarrays
7.6 PCR
8 Global Prenatal and New-born Genetic Testing Market, By Application
8.1 Introduction
8.2 Autoimmune Disorders
8.3 Cancer
8.4 Chronic Diseases
8.5 Genetic Disorders
8.6 Neurodegenerative Diseases
9 Americas' Prenatal and New-born Genetic Testing Market
9.1 Introduction
9.2 Argentina
9.3 Brazil
9.4 Canada
9.5 Chile
9.6 Colombia
9.7 Mexico
9.8 Peru
9.9 United States
9.10 Rest of Americas
10 Europe's Prenatal and New-born Genetic Testing Market
10.1 Introduction
10.2 Austria
10.3 Belgium
10.4 Denmark
10.5 Finland
10.6 France
10.7 Germany
10.8 Italy
10.9 Netherlands
10.10 Norway
10.11 Poland
10.12 Russia
10.13 Spain
10.14 Sweden
10.15 Switzerland
10.16 United Kingdom
10.17 Rest of Europe
11 Middle East and Africa's Prenatal and New-born Genetic Testing Market
11.1 Introduction
11.2 Egypt
11.3 Israel
11.4 Qatar
11.5 Saudi Arabia
11.6 South Africa
11.7 United Arab Emirates
11.8 Rest of MEA
12 APAC's Prenatal and New-born Genetic Testing Market
12.1 Introduction
12.2 Australia
12.3 Bangladesh
12.4 China
12.5 India
12.6 Indonesia
12.7 Japan
12.8 Malaysia
12.9 Philippines
12.10 Singapore
12.11 South Korea
12.12 Sri Lanka
12.13 Thailand
12.14 Taiwan
12.15 Rest of Asia-Pacific
13 Competitive Landscape
13.1 IGR Competitive Quadrant
13.2 Market Share Analysis
13.3 Strategic Initiatives
13.3.1 M&A and Investments
13.3.2 Partnerships and Collaborations
13.3.3 Product Developments and Improvements
14 Company Profiles
14.1 Abbott Laboratories
14.2 Agilent Technologies
14.3 AutoGenomics
14.4 Baebies
14.5 Berry Genomics Co., Ltd.
14.6 BGI
14.7 Biocartis Group NV
14.8 Bio-Rad Laboratories, Inc.
14.9 Illumina, Inc
14.10 Laboratory Corporation of America
14.11 Masimo Corp.
14.12 Natera, Inc.
14.13 PerkinElmer, Inc.
14.14 Progenity, Inc.
14.15 Qiagen
14.16 Sequenom, Inc.
14.17 Trivitron Healthcare Pvt. Ltd.
15 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/irfh33
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