The global Prenatal Testing market is expected to be valued at USD 8.08billion by 2027 from USD 3.23 billion in 2019, registering a CAGR of 12.9% through the forecast period, according to the latest report by Emergen Research. Over the forecast period, due to the increasing probability of chromosome defects with increasing maternal age, the global prenatal testing market is expected to expand rapidly. Around 10to 15% of clinically recorded pregnancies result in miscarriage per year, and around 50% of chromosome defects are identified. Furthermore, it is expected that growing awareness of the benefits of enhanced testing procedures would stimulate market growth during the forecast period. In addition, the favorable reimbursement scenario for prenatal testing is likely to boost market growth over the forecast period.
However, it is anticipated that the shortage of trained practitioners and high-cost testing procedures would impede market growth throughout the projected timeframe.
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Emergen Research has segmented the Global Prenatal Testing Market on the basis of method, testtype, application, end-use, and region:
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