Preimplantation Genetic Testing Market Size to Grow USD 528.9 Million by 2029 at a CAGR of 5.8% | Valuates Reports
BANGALORE, India, Jan. 10, 2024 /PRNewswire/ -- Preimplantation Genetic Testing - Global Market Insights and Sales Trends 2024 is Segmented by Type (Preimplantation Genetic Screening, Preimplantation Genetic Diagnosis), by Application (Air Splicing Bus Duct (BMC), Intensive Insulation Plug Bus Duct (CMC), Higher Strength Enclosed Bus Duct (CFW)): Global Opportunity Analysis and Industry Forecast, 2023-2029. It is Published in Valuates Reports Under the Category of Medical Devices & Equipment.
The Global Preimplantation Genetic Testing Market Size is expected to reach USD 528.9 Million by 2029, growing at a CAGR of 5.8% from 2023 to 2029.
Claim Your Free Sample Now: https://reports.valuates.com/request/sample/QYRE-Othe-0H192/preimplantation_genetic_testing_market
Major Factors driving the growth of Preimplantation Genetic Testing Market
There is a greater need for PGT as a result of expanding acceptance of in vitro fertilization (IVF), an increase in the frequency of reproductive issues brought on by postponed motherhood, and more knowledge of genetic abnormalities. PGT is more appealing and accessible thanks to technological developments in genetic screening methods, growing healthcare infrastructure, and integrated personalized treatment.
Unlock Insights: View Full Report Now! https://reports.valuates.com/market-reports/QYRE-Othe-0H192/preimplantation-genetic-testing
TRENDS INFLUENCING THE GROWTH OF PREIMPLANTATION GENETIC TESTING MARKET
Global genetic problem prevalence is a major factor propelling the PGT market's expansion. The demand for PGT as a preventive strategy has increased as couples want to ensure healthy pregnancies and are increasingly aware of their genetic risks. PGT offers a way to recognise inherited illnesses and prevent them from being passed onto future generations. The issues associated with fertility are partly caused by the tendency towards delayed motherhood and the ensuing rise in maternal age. The chance of chromosomal abnormalities in embryos increased with mother age. PGT becomes an essential tool for older couples and those experiencing infertility since it allows embryos with normal genetic profiles to be chosen for implantation.
Technological developments in genetic screening have improved PGT's accuracy and efficiency considerably. Examples of these developments include next-generation sequencing and microarray analysis. The industry is growing as a result of these technical advancements since they offer more thorough genetic information and increase confidence in the selection of viable embryos. The need for PGT is driven by the growing acceptance and accessibility of in vitro fertilization (IVF) treatments on a global scale. The market is further driven ahead by the addition of PGT as a supplementary technique to safeguard the health of embryos, as IVF becomes a more common option for infertile couples.
Growth in the market is facilitated by advancements in PGT alternatives and healthcare infrastructure, particularly in emerging economies. A favorable atmosphere for market expansion is created by educating potential parents about the advantages of PGT through educational programmes and counseling services. One significant motivator is the incorporation of genetic counseling and personalized medication within the PGT procedure. The market demand for PGT is further stimulated by enhancing its overall attractiveness and efficacy through the provision of complete counseling services and customisation of genetic testing to unique patient profiles.
Own It Today – Buy Now! https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Othe-0H192&lic=single-user
PREIMPLANTATION GENETIC TESTING MARKET SHARE
In terms of market share, North America led the way in preimplantation genetic testing worldwide in 2017. Europe came in second. The significant adoption of genomic techniques, the growing number of IVF procedures (with declining fertility rates), and the continuous trend of replacing conventional genomic technologies with cutting-edge and novel genetic techniques (like FISH and NGS) are the main causes of the large share in the North American region.
Because of the increased attention that companies are paying to emerging markets and the advancements made in the healthcare infrastructure in these areas, the Asia-Pacific region is anticipated to grow at the fastest rate throughout the projection period.
Purchase Regional Report: https://reports.valuates.com/request/regional/QYRE-Othe-0H192/preimplantation_genetic_testing_market
Key Players:
- Illumina Inc
- Thermo Fisher
- Agilent Technologies
- PerkinElmer Inc
- CooperSurgical
- Abbott Laboratories
- Natera
- Rubicon Genomics
- Oxford Gene Technology
- Yikon Genomics
- Scigene
- Beijing Genomics Institute
- Good Start Genetics
- Invicta Genetics
- Genea Limited
- Progenesis
- CombiMatrix
Purchase Chapters: https://reports.valuates.com/request/chaptercost/QYRE-Othe-0H192/preimplantation_genetic_testing_market
SUBSCRIPTION
We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.
DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!
- In Vitro Fertilization Test Market
- Preimplantation Genetic Testing Kits (PGT Kits) Market
- Direct-to-consumer Genetic Testing Market revenue was USD 1328 Million in 2022 and is forecast to a readjusted size of USD 4521.7 Million by 2029 with a CAGR of 18.9% during the review period (2023-2029).
- Non-invasive Preimplantation Genetic Testing Market
- Preimplantation Genetic Testing for Monogenic & Single Gene Defects Kits Market
- Preimplantation Genetic Testing for Aneuploidy Kits Market
- Non-invasive Preimplantation Genetic Testing Market
- Nephro Genetic Testing market is projected to reach USD 547.2 Million in 2029, increasing from USD 353 Million in 2022, with the CAGR of 6.5% during the period of 2023 to 2029.
- The genetic testing market accounted for USD 12,682 Million in 2019, and is expected to reach USD 21,260 Million by 2027, registering a CAGR of 10.1%.
- The global epigenetics market was valued at USD 772 Million in 2019, and is projected to reach USD 2,168 Million by 2027, registering a CAGR of 13.6%.
- Animal Genetics market size will reach USD 8675.8 Million in 2028, growing at a CAGR of 7.8% over the analysis period.
- Pediatric Genetic Testing Market
- Newborn and Prenatal Genetic Testing Market
- At-home Genetic Testing Market
- Bioinformatics Market Size is USD 8,614.29 Million in 2019, and is projected to reach USD 24,731.61 Million by 2027, growing at a CAGR of 13.4%.
- Predictive Genetic Testing And Consumer & Wellness Genomics Market
- Pet Genetic Testing market is projected to reach USD 302.3 Million in 2029, increasing from USD 164.1 Million in 2022, with the CAGR of 8.4% during the period of 2023 to 2029.
- Weight Management Genetic Testing Market
- Consumer Grade Genetic Testing market is projected to reach USD 4031.4 Million in 2029, increasing from USD 2633 Million in 2022, with a CAGR of 6.0%.
- Non-Invasive Prenatal Testing market size is expected to reach USD 10060 Million by 2029, growing at a CAGR of 10.7% from 2023 to 2029.
- DNA Test for Dogs market is projected to grow from USD 143.5 Million in 2023 to USD 281.7 Million by 2029, at a Compound Annual Growth Rate (CAGR) of 11.9% during the forecast period.
- Pre-marital and Pre-Pregnancy Genetic Testing Service Market
- Fragile X Syndrome Genetic Testing Market
- Non-invasive Prenatal Genetic Screening Test Kits market is projected to reach USD 374.9 Million in 2029, increasing from USD 267 Million in 2022, with a CAGR of 5.3% during the period of 2023 to 2029.
- Pre-marital and Pre-Pregnancy Genetic Testing Service Market
- Organ On Chip Market revenue was USD 88 Million in 2022 and is forecast to a readjusted size of USD 621.2 Million by 2029 with a CAGR of 31.2%.
- Disposable Medical Supplies Market
DISCOVER OUR VISION: VISIT ABOUT US!
Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.
Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.
To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.
YOUR FEEDBACK MATTERS: REACH OUT TO US!
Valuates Reports
sales@valuates.com
For U.S. Toll-Free Call 1-(315)-215-3225
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
Blog: https://valuatestrends.blogspot.com/
Pinterest: https://in.pinterest.com/valuatesreports/
Twitter: https://twitter.com/valuatesreports
Facebook: https://www.facebook.com/valuatesreports/
https://www.facebook.com/valuateskorean
https://www.facebook.com/valuatesspanish
https://www.facebook.com/valuatesjapanese
Logo: https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg
Share this article