Factors such as the growing rate of infertility across the globe, increasing public-private investments in the field of preimplantation genetic testing, rising number of fertility clinics worldwide, technological advancements in the field of genetic analysis, and high risk of chromosomal abnormalities in the fetus with increasing maternal age are driving the growth of this market.
The report Preimplantation Genetic Testing Market is
projected to reach USD 541.8 Million by 2022 from USD 336.4 Million in 2017, at
a CAGR of 10.0%.
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Market Segmentation:-
By type, the preimplantation genetic screening segment
accounted for the largest share of the market. The large share of this segment
can primarily be attributed to the decrease in female fertility (due to rising
maternal age), increasing prevalence of genetic disorders in offspring, and
benefits of PGS, such as increased chances of healthy pregnancy across all age
groups, better implantation rate, reduced risks of miscarriage, reduced IVF
cycle time, and comprehensive analysis of all 24 chromosome types.
The aneuploidy segment is expected to grow at the fastest
CAGR. Growth of this segment can be attributed to the increasing maternal age,
rising incidence of aneuploidy disorders, and strategic initiatives by key
players to provide technologically advanced PGS products for aneuploidy
screening.
Major Market Drivers :-
1 Declining Fertility Rates Worldwide
2 Increasing Public-Private
Investments in the Field of Preimplantation Genetic Testing
3 Rising Number of Fertility Clinics
Worldwide
4 Technological Advancements in the
Field of Genetic Analysis
5 High Risk of Chromosomal
Abnormalities With Advancing Maternal Age
Regional Analysis:-
Geographically, the Preimplantation Genetic Diagnosis
Market is segmented into North America, Europe, Asia-Pacific, and the Rest of
the World. North America accounted for the largest share of the market in 2016,
followed by Europe.
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