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Preimplantation Genetic Testing Market OverviewPreimplantation genetic testing is a method to detect genetic defects in embryos. This technique helps define any possible genetic disorders or diseases that can be passed to the child from the parents. This not only helps save the child from pre-birth complications but also helps stop the situation in the early stages. This helps the doctors identifying the problem and then inserting the healthy embryos in the uterus for the birth of a genetically stable baby. This process includes the testing of eggs from the donor and mother, which are in-vitro fertilized and then undergoes the trial for any problem.
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With an increase in genetic disorders, chromosomal disorders, single gene donors, and other severe conditions, the demands for preimplantation genetic testing is surging around the world. Also, the growing awareness about genetic disorders and concerns regarding their transfer to the baby is providing constant growth to this market. As technology advanced, the screening methods have become more accurate and capable of identifying any possible defects, which has gained trust from the people and has helped the market moving towards healthier futures.
Apart from its usage and applications, the market is still fighting against high treatment costs, limiting the market’s growth. This report will help you get a clearer picture of the various factors like future aspects, drivers & restraints, market trends, and others followed by a detailed analysis of major markets around the world. During the survey period, the global preimplantation genetic testing market anticipated to show 10 % annual growth.
Preimplantation Genetic Testing Market Breakdown
Based on components, the global preimplantation genetic testing market is categorized into software, services, reagents, instruments, and others.
Based on procedures, preimplantation genetic screening and diagnostic procedures are there.
Based on applications, the global preimplantation genetic testing market is used for gender identification, single-gene disorders, HLA typing, and other disorders.
Based on end-users, the global preimplantation genetic testing market is used in hospitals, clinics, research institutions, and other facilities.
Preimplantation Genetic Testing Market Regional Classification
Preimplantation genetic testing is receiving a massive response from all parts of the world and is a safe way to save the baby from any genetic disorders. America, Europe, Asia Pacific, and The Middle East & Africa are the regions observed for the global preimplantation genetic testing market.
The American region is currently the largest market due to hefty disposable incomes, rising awareness about the technique & child health, presence of key market players, and other factors. In contrast, the Asia Pacific region will show the fastest growth rates due to the vast population, demands for the latest healthcare technologies, growing awareness, rise in disposable incomes, and other reasons.
Preimplantation Genetic Testing Market -Key Players
• Natera, Inc.
• CooperSurgical, Inc.
• Hoffmann-La Roche AG
• Illumina, Inc.
• IGENOMIX
• Reprogenetics, LLC
• Genea Limited
• PerkinElmer, Inc.
• Genesis Genetics Ltd.
• Quest Diagnostics Incorporated
• Thermo Fisher Scientific, Inc
• Bioarrayn Genetics
• Laboratory Corporation of America Holdings
• California Pacific Medical Center
• Reproductive Health Science Ltd
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Industry News
The preimplantation genetic testing method has helped the people in getting better results with enhanced baby health. Also, the rising demands for pregnancy from old age women and women with miscarriages have received better results. As it is a costly method, it has limited the market’s growth. Researchers are working to develop better and cheaper techniques to make their mark in economically weaker sections also.
NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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