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Global Prenatal and Newborn Genetic Testing Market to Reach US$8.37 bn by 2019 Health Articles | July 27 Isco Jersey , 2016
Genetic testing refers to the methodical diagnostic and screening techniques used to detect the possibility of genetic anomalies in unicellular and multicellular organisms.
The growing awareness among consumers regarding chromosome abnormalities in the fetus has presented high-value opportunities to the prenatal and genetic testing service providers. Companies providing prenatal and newborn genetic testing techniques are making continuous efforts to improve the existing technologies and present the market with new breakthrough technologies.聽
The leading vendors of prenatal and newborn genetic tests are using these developments as a stepping stone for growth. The prenatal and newborn genetic testing market comprises top four companies who held a share of 53% in 2013; the market is expected to show steady growth until 2019. Sequenom Inc. was reported as the company with the largest share followed by Verinata Health, Bio-Rad Laboratories, and Agilent Technologies. The growth of the prenatal and newborn genetic market depends on how vendors capitalize on the potential market in the emerging countries Marco Asensio Jersey , mainly Asia and Africa.
Advancements in Prenatal and Newborn Genetic Testing Technology to Provide Competitive Advantage to Vendors
All companies in the prenatal and newborn genetic testing industry, primarily use the next generation sequencing technique (NGS) to detect chromosomal anomalies. However, various leading companies use different techniques such as MPSS and target sequencing to detect other abnormalities namely Down Syndrome Gareth Bale Jersey , Edward Syndrome, and Patau Syndrome. For instance, a Cyprus-based start-up introduced a technique based on the methylated DNA immune precipitation (MeDIP) application. This technique has been reported to be more efficient than the already existing NGS technology. Thus Luka Modric Jersey , the rise in new technologies will provide an advantage to vendors of prenatal and newborn genetic tests as they enhance accuracy along with safety of mothers by detecting chromosome abnormalities.
The average maternal age is increasing in developed countries which is leading to the heightened risk of fetal abnormalities among new mothers. The demand for prenatal and newborn genetic tests is expected to rise as a result of the chromosomal anomalies caused due to increased maternal age.
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Falling Fertility Rate among Women above 30 Years of Age to Hamper Growth of Prenatal and Newborn Genetic Testing Industry