Preimplantation Genetic Testing Market Insights:
The Preimplantation Genetic Testing Market was analyzed which was worth USD 565.78 Million in the year 2022, expecting a CAGR of 10% during the forecast period (2023-2030), and the market is projected to be valued at USD 1212.8 Million by 2030.
The increased adoption of Preimplantation Genetic Testing in the Clinical Diagnostics is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Preimplantation Genetic Testing also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Preimplantation Genetic Testing in many sectors also boosts the market growth during the forecast period.
The preimplantation genetic testing (PGT) market refers to the segment of the medical diagnostics industry that provides genetic testing services for embryos prior to implantation in in vitro fertilization (IVF) procedures. PGT can help identify genetic abnormalities and chromosomal disorders in embryos, allowing for the selection of healthy embryos for implantation.
Preimplantation Genetic Testing Market Research Report” was just released by Market Research Community. It is divided into several categories, including Procedure (Preimplantation Genetic Screening, Preimplantation Genetic Diagnosis), application (Aneuploidy, Single Gene Disorder, Structural Chromosomal Abnormalities (Translocations, Deletions, Duplications, Inversions), X-Linked Disorders, Human Leukocyte Typing, Gender Identification), Technology (Next-Generation Sequencing, Polymerase Chain Reaction, Fluorescence in Situ Hybridization, Comparative Genomic Hybridization, Single-Nucleotide Polymorphism), and companies (Abbott Laboratories, Agilent Technologies Inc., F. Hoffmann-La Roche Ltd., Illumina Inc., Laboratory Corporation of America Holdings, Natera Inc., Oxford Gene Technology IP Limited (Sysmex Corporation), PerkinElmer Inc., Quest Diagnostics Incorporated, The Cooper Companies Inc and Thermo Fisher Scientific.), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 10%, over the forecast period of 2023–2030.
|Report Attributes||Report Details|
|Market Size in 2030 (USD Million)||1212.8 Million|
|By Procedure||Preimplantation Genetic Screening, Preimplantation Genetic Diagnosis|
|By Technology||Next-Generation Sequencing, Polymerase Chain Reaction, Fluorescence in Situ Hybridization, Comparative Genomic Hybridization, Single-Nucleotide Polymorphism|
|By Application||Aneuploidy, Single Gene Disorder, Structural Chromosomal Abnormalities (Translocations, Deletions, Duplications, Inversions), X-Linked Disorders, Human Leukocyte Typing, Gender Identification|
|By Geography||North America, Europe, Asia Pacific, Latin America, Middle East and Africa|
|Key Players||Abbott Laboratories, Agilent Technologies Inc., F. Hoffmann-La Roche Ltd., Illumina Inc., Laboratory Corporation of America Holdings, Natera Inc., Oxford Gene Technology IP Limited (Sysmex Corporation), PerkinElmer Inc., Quest Diagnostics Incorporated, The Cooper Companies Inc and Thermo Fisher Scientific.|
The COVID-19 pandemic has had a substantial negative influence on the Preimplantation Genetic Testing market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
Abbott Laboratories, Agilent Technologies Inc., F. Hoffmann-La Roche Ltd., Illumina Inc., Laboratory Corporation of America Holdings, Natera Inc., Oxford Gene Technology IP Limited (Sysmex Corporation), PerkinElmer Inc., Quest Diagnostics Incorporated, The Cooper Companies Inc and Thermo Fisher Scientific.
Market Segment Analysis:
- Preimplantation Genetic Screening
- Preimplantation Genetic Diagnosis
- Next-Generation Sequencing
- Polymerase Chain Reaction
- Fluorescence in Situ Hybridization
- Comparative Genomic Hybridization
- Single-Nucleotide Polymorphism
Single Gene Disorder
Structural Chromosomal Abnormalities
Human Leukocyte Typing
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2022, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Preimplantation Genetic Testing industries in the region.
Key Preimplantation Genetic Testing Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Preimplantation Genetic Testing Market segments.
– Largest Market Share Held by Industry to Industry for Preimplantation Genetic Testing
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Preimplantation Genetic Testing Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
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