The Prenatal DNA Sequencing Global Market Report 2023, provides comprehensive information on the prenatal DNA sequencing market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Prenatal DNA Sequencing Global Market Report 2023, the global prenatal DNA sequencing market is expected to grow from $1.84 billion in 2022 to $2.09 billion in 2023 at a compound annual growth rate (CAGR) of 13.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The prenatal DNA sequencing market is expected to grow to $3.52 billion in 2027 at a CAGR of 13.9%.
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Product innovation is a key trend gaining popularity in the prenatal DNA sequencing market. Major companies operating in the market are focused on developing innovative solutions to strengthen their market position. For instance, in November 2022, Juno Diagnostics, Inc., a US-based health technology company that democratizes access to valuable genetic information, launched the noninvasive prenatal screening test “Hazel”. The test is uniquely designed with no risk of miscarriage, and it can be performed as early as 9 weeks into pregnancy by using a small amount of blood. It screens the pregnancy for common genetic conditions caused by extra or missing chromosomes, such as Down syndrome, Edwards syndrome, and Patau syndrome.
The prenatal DNA sequencing market is segmented:
1) By Type: Genetic Diseases, Nonhereditary Diseases
2) By Application: Hemophilia, Down Syndrome, Cystic Fibrosis, Autism, DiGeorgre Syndrome, AIDS (Acquired Immunodeficiency Syndrome), Cancer, Other Applications
3) By End User: Academic Research, Clinical Research, Hospitals And Clinics, Pharmaceutical And Biotechnology Companies, Other End Users
North America was the largest region in the prenatal DNA sequencing market in 2022.
The table of contents in TBRC’s prenatal DNA sequencing market report includes:
- Executive Summary
- Prenatal DNA Sequencing Market Characteristics
- Prenatal DNA Sequencing Market Trends And Strategies
- Prenatal DNA Sequencing Market – Macro Economic Scenario
- Prenatal DNA Sequencing Market Size And Growth
- Prenatal DNA Sequencing Market Segmentation
- Prenatal DNA Sequencing Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The Prenatal DNA Sequencing Market
- Prenatal DNA Sequencing Market Future Outlook and Potential Analysis
- Appendix
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