As per the recently published report by MarketsandMarket™, The report "Preimplantation Genetic Testing Market by Procedure (Diagnosis, Screening), Technology (NGS, PCR, FISH, CGH, SNP), Product (Consumable, Instrument), Application (Aneuploid, HLA Typing), Type of Cycle, End User, and Region - Global Forecast to 2028", is projected to reach USD 1.2 billion by 2028 from USD 0.7 billion in 2023, at a CAGR of 11.4% during the forecast period.
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- 182 Market Data Tables
- 44 Figures
- 245 Pages and in-depth TOC on "Preimplantation
Genetic Testing Market - Global Forecast to 2028”
Some of the prominent key players are:
- Illumina, Inc. (US),
- Thermo Fisher Scientific Inc. (US),
- Agilent Technologies, Inc. (US),
- Revvity (US),
- The Cooper Companies, Inc. (US), and many
more......
Mergers & acquisitions, investments & expansions,
partnerships & collaborations, and new product developments are some of the
major strategies adopted by these key players to enhance their positions in
the Preimplantation Genetic Testing Market.
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- Preimplantation genetic screening, or
aneuploidy screening, involves screening embryos for the assessment of
aneuploidy. This segment is expected to dominate the global preimplantation
genetic testing market during the forecast period, driven by a decrease in
female fertility with rising maternal age, better implantation rate and
reduced IVF cycle times.
- Based on the products, the global
preimplantation genetic testing market is broadly segmented into
instruments, reagents & consumables, and software & services. The
expanding applications of specific technologies (such as NGS and aCGH for
whole-genome sequencing and FISH in the diagnosis of specific genetic
disorders).
- By end user, the global preimplantation
genetic testing market is broadly segmented into hospitals, diagnostic
labs, fertility clinics, and other end users. The large share of this
segment can be attributed to factors such as the increasing number of fertility
centers globally, the high success rate of treatment in fertility centers,
and growing medical tourism in developing countries.
- Based on the region, the preimplantation
genetic testing market is segmented into North America, Europe, Asia
Pacific, and the Rest of the World. The North American market is driven by
high incidence of chromosomal disorders, and an increasing number of awareness
programs.
The new research study consists of industry
trends, pricing analysis, patent analysis, conference and webinar materials,
key stakeholders, and buying behaviour in the market. The growth in this market
is attributed to the increasing demand for assisted reproductive technologies,
rising maternal age trends, and ongoing research and development in the field
of genetics. On the other hand, socio-ethical concerns surrounding
preimplantation genetic testing may challenge the growth of market. Whereas,
use of fertility treatment options by single parents and same-sex couples
provides growth opportunities for market.
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