North Africa Non-Invasive Prenatal Testing Market Is Estimated To Witness High Growth Owing To Increasing Adoption of Non-Invasive Prenatal Testing
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| North Africa Non-Invasive Prenatal Testing Market |
The North Africa Non-Invasive Prenatal Testing Market is estimated to be valued at US$ 2,796 Mn in 2021 and is expected to exhibit a CAGR of 8.7% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Non-Invasive Prenatal Testing (NIPT) is a screening test that is used to
assess the risk of fetal chromosomal abnormalities without posing any risk to
the fetus or mother. It involves analyzing cell-free fetal DNA from the
mother's blood sample. The test provides accurate and reliable results, unlike
traditional invasive methods such as amniocentesis or chorionic villus
sampling. The increasing adoption of NIPT due to its non-invasive nature and
high accuracy is driving the growth of the North Africa market. Additionally,
the rising prevalence of chromosomal abnormalities, such as Down syndrome and
Edwards syndrome, is further fueling market growth.
Market Key Trends:
One key trend in the North
Africa Non-Invasive Prenatal Testing Market is the growing
technological advancements in NIPT. Advancements such as improved sequencing
techniques, enhanced bioinformatics algorithms, and the development of novel
biomarkers are improving the accuracy and reliability of NIPT results. These
technological advancements are enabling healthcare providers to offer more comprehensive
and accurate prenatal screening options to pregnant women. Moreover, the
increasing focus of market players on research and development activities to
introduce innovative and efficient NIPT solutions is expected to drive market
growth further. Companies like Illumina, Eurofins Scientific, and PerkinElmer
are investing in R&D initiatives to enhance the performance of NIPT and
expand its application in detecting a broader range of chromosomal
abnormalities.
PEST Analysis:
Political: The political stability in North Africa is a key driver for the
growth of the non-invasive prenatal testing market. The governments in the
region have implemented favorable policies to encourage the adoption of
advanced healthcare technologies, including prenatal testing.
Economic: The growing disposable income and improving healthcare infrastructure
in North Africa are contributing to the growth of the non-invasive prenatal
testing market. As the economy in the region continues to develop, there is a
higher demand for advanced medical services, including prenatal testing.
Social: The increasing awareness among the population about the importance of
prenatal testing is driving the market growth. There is a growing acceptance of
advanced medical technologies, and people are becoming more proactive in
ensuring the health and well-being of their unborn babies.
Technological: Advances in technology have significantly improved the accuracy
and efficiency of non-invasive prenatal testing. The development of innovative
genetic testing platforms and the availability of sophisticated screening tools
are driving the growth of the market in North Africa.
Key Takeaways:
The non-invasive prenatal testing market in North Africa is expected to witness
high growth, exhibiting a CAGR of 8.7%
over the forecast period of 2023-2030.
This growth can be attributed to the increasing adoption of advanced healthcare
technologies and favorable government policies in the region.
In terms of regional analysis, North Africa is expected to be the fastest-growing
and dominating region in the non-invasive prenatal testing market. The region
has a large population base and is witnessing rapid economic growth, which is
driving the demand for prenatal testing services.
Key players operating in the North Africa non-invasive prenatal testing market
include Illumina, Inc., Eurofins Scientific, PerkinElmer, Inc., F. Hoffmann-La
Roche AG, Natera, Inc., Yourgene Health Plc., Laboratory Corporation of America
Holdings (LabCorp), BGI Group, and Quest Diagnostics Incorporated. These
companies have a strong presence in the market and are focused on expanding
their product portfolio and geographic reach to gain a competitive edge.
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