Preimplantation Genetic Testing Market-Analysis and Forecast, 2021-2031

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The global preimplantation genetic testing market is expected to reach $2,725.7 million by 2031, a CAGR of 9.69% during 2021-2031.

Description

Market Report Coverage – Preimplantation Genetic Testing

Market Segmentation

• Product Type – Reagents and Consumables, Kits and Services

• Application – Structural Chromosomal Abnormalities, Single Gene Disorder and Others

• Technology – Polymerase Chain Reaction (PCR), Next-Generation Sequencing (NGS), In Situ Hybridization (ISH/FISH), Microarray

• End User – Diagnostic Center, Research Center, and Others

Regional Segmentation

• North America – U.S., Canada

• Europe – France, Italy, U.K., Spain, Netherlands, Russia, and Rest-of-Europe

• Asia-Pacific – China, Japan, India, South Korea, Australia, and Rest-of-Asia-Pacific (RoAPAC)

• Rest-of-the-World

Market Growth Drivers

• Advancing Maternal Age Globally

• A Rise in Adoption of In-Vitro Fertilization

• Increasing Awareness for Genetic Testing

• Rising Emphasis on Predictive Genetic Testing for Early Detection

Market Challenges

• Ethical Issues Pertaining to the Preimplantation Genetic Testing

• High Procedural Cost Associated with Preimplantation Genetic Testing

Market Opportunities

• Decreasing Cost of Genomic Sequencing

• The Emergence of Reproductive Tourism

Key Companies Profiled

Abbott Laboratories, Agilent Technologies, Inc., BGI, Fulgent Genetics, Inc., Igenomix, Illumina, Inc., Invitae Corporation, Myriad Genetics, Inc., MedGenome Labs Ltd., Natera, Inc., PerkinElmer, Inc., Pac Genomics, Thermo Fisher Scientific Inc.

Key Questions Answered in this Report:

• What are the factors necessitating the requirement of global preimplantation genetic testing globally?

• What are the different types of products available in the global preimplantation genetic testing market?

• What are the key development strategies implemented by the key players to stand out in this global preimplantation genetic testing market?

• What are the various technologies deployed within the global preimplantation genetic testing market?

• How have the strategic collaborations among the key players provided a push to product development within the global preimplantation genetic testing market?

• Which are the leading companies that are dominating the global preimplantation genetic testing market?

• Based on the application type, which therapy in the global preimplantation genetic testing market is anticipated to witness a massive rise in demand during the forecast period?

• How is each segment of the global preimplantation genetic testing market expected to grow during the forecast period, and what revenue will be generated by each segment by the end of 2031?

Market Overview

Preimplantation genetic diagnosis (PGD) is performed among couples that have a higher risk of transmitting a genetic condition to their offspring. The technique is employed in in-vitro fertilization centers globally to select the euploid embryos to transfer and improve the clinical outcome of the clinical pregnancy, embryo implantation, and live birth rates.

The ability to identify the preimplantation embryos with the genetic defects prior to the initiation of the pregnancy also offers an attractive alternative to chorionic villous sampling or amniocentesis.

The preimplantation genetic testing is set to grow at a significant rate in the upcoming years as the technology and awareness regarding the test improve.

The global preimplantation genetic testing market was valued at $972.1 million in 2020 and is expected to reach $2,725.7 million by 2031, registering a CAGR of 9.69% during the forecast period 2021-2031.

The growth is attributed to the advancing maternal age globally, rising adoption of in-vitro fertilization, increasing awareness of genetic testing, and rising emphasis on predictive testing. Further, continued significant investments by biotechnology firms to improve the technology for genetic testing and to improve affordability have also promoted the prominence of preimplantation genetic testing.

Within the research report, the market is segmented based on product, application, end user, technology, and region. Each of these segments covers the snapshot of the market over the projected years, the inclination of the market revenue, underlying patterns, and trends by using analytics on the primary and secondary data obtained.

Competitive Landscape

The exponential rise in the usage of in-vitro fertilization facilities as an option for healthy childbirth and increasing affordability for genetic testing on a global level has created awareness as well as demand among consumers, which has eventually led to the companies to invest in the development of more such preimplantation genetic test.

The companies such as Agilent Technologies, Inc. and Natera, Inc. have been incorporating major strategies to enhance their market presence via key developments. The other major contributors to the market include companies such as Thermo Fisher Scientific, PerkinElmer, Inc., Invitae Inc., and Igenomix.

Based on region, North America holds the largest share of the preimplantation genetic testing market due to eased regulatory scenario and a large number of IVF facilities offering such PGT tests.

Further, substantial investments made by biotechnology companies to improve the genetic testing facilities and advancing technologies along with the rise in per capita income in the region are also fuelling the growth of the respective market. Apart from this, the Asia-Pacific region is anticipated to grow at the fastest CAGR during the forecast period.

Global Adult Hemoglobinopathy Testing Market 2029

Additional information

Publisher

Geography Covered

Date Published

Pages

Format

Base Year

2021

Base Market Size

$1, 081.2 Million in 2021

Currency/Unit

USD

Forecast Year

2031

Market Size Forecast

$2, 725.7 Million by 2031

CAGR

9.69%

Table of Contents

1 Product Definition 2 Research Methodology 1.1 Primary Data Sources 1.2 Secondary Data Sources 1.3 Market Estimation Model 3 Market Overview 3.1 Introduction 3.2 Market Footprint 3.3 Impact of Preimplantation Genetic Testing on Pregnancy Outcomes 3.4 Impact of COVID-19 Pandemic on Global Preimplantation Genetic Testing Market 3.5 COVID-19 Affecting Supply Chain of Global Preimplantation Genetic Testing Market 3.6 Interruption in Research and Clinical Development and Commercial Operation 3.6.1 Research and Clinical Development 3.6.2 Commercial Operation and Access 3.7 Navigating Crisis Recovery and Looking to the Future 4 Market Dynamics 4.1 Overview 4.2 Market Driving Factors 4.2.1 Advancing Maternal Age Globally 4.2.2 A Rise in Adoption of In-Vitro Fertilization 4.2.3 Increasing Awareness for Genetic Testing 4.2.4 Rising Emphasis on Predictive Genetic Testing for Early Detection 4.3 Market Restraining Factors 4.3.1 Ethical Issues Pertaining to the Preimplantation Genetic Testing 4.3.2 High Procedural Cost Associated with Preimplantation Genetic Testing 4.4 Market Opportunities 4.4.1 Decreasing Cost of Genomic Sequencing 4.4.2 The Emergence of Reproductive Tourism 5 Industry Analysis 5.1 Legal and Regulatory Framework 5.1.1 Regulatory Framework in the U.S. 5.1.2 Regulatory Framework in Europe 5.1.2.1 U.K. 5.1.2.2 France 5.1.2.3 Italy 5.1.3 Regulatory Framework in Asia-Pacific 5.1.3.1 Japan 5.1.3.2 China 5.2 Patent Landscape 6 Competitive Landscape 6.1 Overview 6.2 Key Developments and Strategies 6.3 New Offerings 6.4 Partnerships 6.5 Mergers and Acquisition 6.6 Market Share Analysis, by Company 7 Global Preimplantation Genetic Testing Market, by Product, 2020-2031, $Million 7.1 Overview 7.2 Reagents and Consumables 7.3 Kits 7.4 Services 8 Global Preimplantation Genetic Testing Market, by Application, 2020-2031, $Million 8.1 Aneuploidy 8.2 Structural Chromosomal Abnormalities 8.3 Single Gene Disorder 8.4 Others 9 Global Preimplantation Genetic Testing Market, by End User, 2020-2031, $Million 9.1 Overview 9.2 Diagnostic Center 9.3 Research Center 9.4 Others 10 Global Preimplantation Genetic Testing Market, by Technology, 2020-2031, $Million 10.1 Next-Generation Sequencing 10.2 Polymerase Chain Reaction 10.3 In Situ Hybridization (ISH/FISH) 10.4 Microarray 11 Global Preimplantation Genetic Testing Market, by Region, 2020-2031, $Million 11.1 Overview 11.2 North America 11.2.1 North America: Market Dynamics 11.2.2 U.S. 11.2.3 Canada 11.3 Europe 11.3.1 Europe: Market Dynamics 11.3.2 U.K. 11.3.3 France 11.3.4 Italy 11.3.5 Spain 11.3.6 Netherlands 11.3.7 Russia 11.3.8 Rest-of-Europe 11.4 Asia-Pacific 11.4.1 Japan 11.4.2 China 11.4.3 India 11.4.4 Australia 11.4.5 South Korea 11.4.6 Rest-of-Asia-Pacific 11.5 Rest-of-the-World 12 Company Profiles 12.1 Overview 12.2 Abbott Laboratories 12.2.1 Company Overview 12.2.2 Role of Abbott Laboratories in the Global Preimplantation Genetic Testing Market 12.2.3 Financials 12.2.4 SWOT Analysis 12.3 Agilent Technologies, Inc. 12.3.1 Company Overview 12.3.2 Role of Agilent Technologies, Inc. in the Global Preimplantation Genetic Testing Market 12.3.3 Financials 12.3.4 SWOT Analysis 12.4 BGI 12.4.1 Company Overview 12.4.2 Role of BGI Group in Global Preimplantation Genetic Testing Market 12.4.3 SWOT Analysis 12.5 Fulgent Genetics, Inc. 12.5.1 Company Overview 12.5.2 Role of Fulgent Genetics, Inc. in the Global Preimplantation Genetic Testing Market 12.5.3 Financials 12.5.4 SWOT Analysis 12.6 Igenomix 12.6.1 Company Overview 12.6.2 Role of Igenomix in the Global Preimplantation Genetic Testing Market 12.6.3 SWOT Analysis 12.7 Illumina, Inc. 12.7.1 Company Overview 12.7.2 Role of Illumina, Inc. in the Global Preimplantation Genetic Testing Market 12.7.3 Financials 12.7.4 SWOT Analysis 12.8 Invitae Corporation 12.8.1 Company Overview 12.8.2 Role of Invitae Corporation in the Global Preimplantation Genetic Testing Market 12.8.3 Financials 12.8.4 SWOT Analysis 12.9 Myriad Genetics, Inc. 12.9.1 Company Overview 12.9.2 Role of Myriad Genetics, Inc. in the Global Preimplantation Genetic Testing Market 12.9.3 Financials 12.9.4 Key Insights About Financial Health of the Company 12.9.5 SWOT Analysis 12.1 MedGenome Labs Ltd. 12.10.1 Company Overview 12.10.2 Role of MedGenome in the Global Preimplantation Genetic Testing Market 12.10.3 SWOT Analysis 12.11 Natera, Inc. 12.11.1 Company Overview 12.11.2 Role of Natera, Inc. in the Global Preimplantation Genetic Testing Market 12.11.3 Financials 12.11.4 SWOT Analysis 12.12 PerkinElmer, Inc. 12.12.1 Company Overview 12.12.2 Role of PerkinElmer, Inc. in the Global Preimplantation Genetic Testing Market 12.12.3 Financials 12.12.4 SWOT Analysis 12.13 Pac Genomics 12.13.1 Company Overview 12.13.2 Role of Pac Genomics in the Global Preimplantation Genetic Testing Market 12.13.3 SWOT Analysis 12.14 Thermo Fisher Scientific Inc. 12.14.1 Company Overview 12.14.2 Role of Thermo Fisher Scientific Inc. in the Global Preimplantation Genetic Testing Market 12.14.3 Financials 12.14.4 SWOT Analysis List of Figures Figure 1: Global Male and Female Infertility Trend, 2015-2019 Figure 2: Global Preimplantation Genetic Testing Market, 2020-2031 Figure 3: Market Drivers and Market Restraints Figure 4: Share of Key Developments and Strategies, January 2017-October 2021 Figure 5: Global Preimplantation Genetic Testing Market Research Methodology Figure 6: Primary Research Methodology Figure 7: Bottom-Up Approach (Segment-Wise Analysis) Figure 8: Strategies for Testing via Preimplantation Genetic Diagnosis Figure 9: Global Preimplantation Genetic Testing Market, $Million, 2020-2031 Figure 10: Pre-COVID-19 and Post-COVID-19 Scenario, Global Preimplantation Genetic Testing Market, 2020-2025 Figure 11: Measure to Navigate Crisis Recovery Figure 12: Global Preimplantation Genetic Testing Market Dynamics Figure 13: Live Births Per Women, by Region (Fertility Rate) Figure 14: IVF Cycles in Different Age-Groups (2016 and 2018) Figure 15: Cost of Genome Sequencing Figure 16: Number of Patents (by Year), 2016-2020 Figure 17: Share of Key Developments and Strategies, January 2017-October 2021 Figure 18: Product Offering Share (by Company), January 2017-October 2021 Figure 19: Partnership Activities Share (by Company), January 2017-October 2021 Figure 20: Mergers and Acquisitions Share (by Company), January 2017-October 2021 Figure 21: Market Share Analysis: Global Preimplantation Genetic Testing Market Share Analysis (by Company), 2020 Figure 22: Share of Global Preimplantation Genetic Testing Market, by Product, $Million, 2020-2031 Figure 23: Global Preimplantation Genetic Testing Market, Reagents and Consumables, $Million, 2020-2031 Figure 24: Global Preimplantation Genetic Testing Market, Kits, $Million, 2020-2031 Figure 25: Global Preimplantation Genetic Testing Market, Services, $Million, 2020-2031 Figure 26: Global Preimplantation Genetic Testing Market, by Application, $Million, 2020 and 2031 Figure 27: Global Preimplantation Genetic Testing Market, Aneuploidy, $Million, 2020-2031 Figure 28: Types of Structural Chromosomal Abnormalities Figure 29: Global Preimplantation Genetic Testing Market, Structural Chromosomal Abnormalities, $Million, 2020-2031 Figure 30: Pedigree Analysis of Inheritance Pattern of a Dominant Disease Figure 31: Pedigree Analysis of Inheritance Pattern of a Recessive Disease Figure 32: Global Preimplantation Genetic Testing Market, Single Gene Disorder, $Million, 2020-2031 Figure 33: Global Preimplantation Genetic Testing Market, Others, $Million, 2020-2031 Figure 34: Global Preimplantation Genetic Testing Market, Diagnostic Center, $Million, 2020-2031 Figure 35: Global Preimplantation Genetic Testing Market, Research Center, $Million, 2020-2031 Figure 36: Global Preimplantation Genetic Testing Market, Others, $Million, 2020-2031 Figure 37: Share of Global Preimplantation Genetic Testing Market, by Technology, $Million, 2020-2031 Figure 38: Global Preimplantation Genetic Testing Market, Next-Generation Sequencing, $Million, 2020-2031 Figure 39: Global Preimplantation Genetic Testing Market, PCR, $Million, 2020-2031 Figure 40: Global Preimplantation Genetic Testing Market, ISH, $Million, 2020-2031 Figure 41: Global Preimplantation Genetic Testing Market, Microarray, $Million, 2020-2031 Figure 42: Global Preimplantation Genetic Testing Market (by Region) Figure 43: North America Preimplantation Genetic Testing Market, $Million, 2020-2031 Figure 44: North America: Market Dynamics Figure 45: North America Preimplantation Genetic Testing Market (by Country), $Million, 2020-2031 Figure 46: U.S. Preimplantation Genetic Testing Market, $Million, 2020-2031 Figure 47: Canada Preimplantation Genetic Testing Market, $Million, 2020-2031 Figure 48: Europe Preimplantation Genetic Testing Market, $Million, 2020-2031 Figure 49: Europe: Market Dynamics Figure 50: Europe Preimplantation Genetic Testing Market (by Country), 2020 and 2031 Figure 51: U.K. Preimplantation Genetic Testing Market, $ Million, 2020-2031 Figure 52: France Preimplantation Genetic Testing Market, $Million, 2020-2031 Figure 53: Italy Preimplantation Genetic Testing Market, $Million, 2020-2031 Figure 54: Spain Preimplantation Genetic Testing Market, $Million, 2020-2031 Figure 55: Netherlands Preimplantation Genetic Testing Market, $Million, 2020-2031 Figure 56: Russia Preimplantation Genetic Testing Market, $Million, 2020-2031 Figure 57: Rest-of-Europe Preimplantation Genetic Testing Market, $Million, 2020-2031 Figure 58: Asia-Pacific Preimplantation Genetic Testing Market, $Million, 2020-2031 Figure 59: Japan Preimplantation Genetic Testing Market, $Million, 2020-2031 Figure 60: China Preimplantation Genetic Testing Market, $Million, 2020-2031 Figure 61: India Preimplantation Genetic Testing Market, $Million, 2020-2031 Figure 62: Australia Preimplantation Genetic Testing Market, $Million, 2020-2031 Figure 63: South Korea Preimplantation Genetic Testing Market, $Million, 2020-2031 Figure 64: Rest-of-Asia-Pacific Preimplantation Genetic Testing Market, $Million, 2020-2031 Figure 65: Rest-of-the-World Preimplantation Genetic Testing Market, $Million, 2020-2031 Figure 66: Shares of Key Company Profiles Figure 67: Abbott Laboratories.: Overall Product Offerings Figure 68: Abbott Laboratories: Overall Financials, 2017-2020 Figure 69: Abbott Laboratories: Net Revenue (by Business Segment), 2018-2020 Figure 70: Abbott Laboratories: Net Revenue (by Region), 2017-2019 Figure 71: Abbott Laboratories: Research and Development Expense, 2018-2020 Figure 72: Abbott Laboratories: SWOT Analysis Figure 73: Agilent Technologies, Inc.: Overall Product Offerings Figure 74: Agilent Technologies, Inc.: Overall Financials, 2018-2020 Figure 75: Agilent Technologies, Inc.: Net Revenue (by Business Segment), 2018-2020 Figure 76: Agilent Technologies, Inc.: Revenue (by Region), 2018-2020 Figure 77: Agilent Technologies, Inc.: Research and Development Expense, 2018-2020 Figure 78: Agilent Technologies, Inc.: SWOT Analysis Figure 79: BGI Group.: Overall Product Portfolio Figure 80: BGI Group: SWOT Analysis Figure 81: Fulgent Genetics, Inc.: Overall Product Offerings Figure 82: Fulgent Genetics, Inc.: Overall Financials, 2018-2020 Figure 83: Fulgent Genetics, Inc.: Net Revenue (by Region), 2018-2020 Figure 84: Fulgent Genetics, Inc.: Research and Development Expense, 2018-2020 Figure 85: Fulgent Genetics, Inc.: SWOT Analysis Figure 86: Igenomix: Overall Product Portfolio Figure 87: Igenomix.: SWOT Analysis Figure 88: Illumina, Inc.: Overall Product Portfolio Figure 89: Illumina, Inc.: Overall Financials, 2018-2020 Figure 90: Illumina, Inc.: Revenue (by Segment), 2018-2020 Figure 91: Illumina, Inc.: Revenue (by Region), 2018-2020 Figure 92: Illumina, Inc.: R&D Expenditure, 2018-2020 Figure 93: Illumina, Inc.: SWOT Analysis Figure 94: Invitae Corporation: Overall Product Offerings Figure 95: Invitae Corporation: Overall Financials, 2018-2020 Figure 96: Invitae Corporation: Revenue (by Segment), 2018-2020 Figure 97: Invitae Corporation: Revenue (by Region), 2018-2020 Figure 98: Invitae Corporation: R&D Expenditure, 2018-2020 Figure 99: Invitae Corporation: SWOT Analysis Figure 100: : Myriad Genetics, Inc.: Product Portfolio Figure 101: Myriad Genetics, Inc.: Overall Financials, 2018-2020 Figure 102: Myriad Genetics, Inc.: Revenue (by Business Segment), 2018-2020 Figure 103: Myriad Genetics, Inc.: R&D Expenditure, 2018-2020 Figure 104: Myriad Genetics, Inc.: SWOT Analysis Figure 105: MedGenome: Overall Product Portfolio Figure 106: MedGenome: SWOT Analysis Figure 107: Natera, Inc.: Overall Product Offerings Figure 108: Natera, Inc.: Overall Financials, 2018-2020 Figure 109: Natera, Inc.: R&D Expenditure, 2018-2020 Figure 110: Natera, Inc.: SWOT Analysis Figure 111: PerkinElmer, Inc.: Overall Product Offerings Figure 112: PerkinElmer, Inc: Overall Financials, 2018-2020 Figure 113: PerkinElmer, Inc.: Revenue (by Segment), 2018-2020 Figure 114: PerkinElmer, Inc.: R&D Expenditure, 2018-2020 Figure 115: PerkinElmer, Inc.: SWOT Analysis Figure 116: Pac Genomics.: Overall Product Offerings Figure 117: Pac Genomics: SWOT Analysis Figure 118: Thermo Fisher Scientific Inc.: Overall Product Portfolio Figure 119: Thermo Fisher Scientific Inc.: Overall Financials, 2018-2020 Figure 120: Thermo Fisher Scientific Inc.: Revenue (by Segment), 2018-2020 Figure 121: Thermo Fisher Scientific Inc.: R&D Expenditure, 2018-2020 Figure 122: Thermo Fisher Scientific Inc.: SWOT Analysis List of Tables Table 1: Incidence of Aneuploidies Table 2: Global Incidence of Major Single Gene Disorders