Global Preimplantation Genetic Testing Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Preimplantation Genetic Testing Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Procedure (PGD, and PGS), Product (Reagents and Consumables, Instruments, and Software), Technology (Next Generation Sequencing (NGS), Polymerase Chain Reaction (PCR), Fluorescent In-Situ Hybridization (FISH), and Others), Application (Chromosomal Abnormalities, X-linked Diseases, Embryo Testing, Aneuploidy Screening, HLA Typing, and Other Applications), End Users (Fertility Centers, Hospitals, Diagnostic Centers, Research Centers and Academic Labs), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Preimplantation Genetic Testing Market was valued at USD 938.4 million in 2023 and is expected to reach USD 1,698.7 million by 2031 while growing at a CAGR of 7.7% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global preimplantation genetic testing market growth. Preimplantation Genetic Testing (PGT) is conducted on embryos from in vitro fertilization (IVF) to detect genetic or chromosomal abnormalities, aiding in the selection of embryos with the best chance of a successful pregnancy and healthy offspring. Typically, PGT is for couples at risk of hereditary disorders or facing recurrent pregnancy loss.
The growing demand for Assisted Reproductive Technologies (ART) and the ongoing progress in genetic testing, including next-generation sequencing (NGS), microarray analysis, and polymerase chain reaction (PCR), propel the preimplantation genetic testing (PGT) market. Nevertheless, challenges persist in the form of the expenses associated with PGT procedures and the need for enhanced testing accuracy and reliability, which impede market expansion.
Furthermore, the global preimplantation genetic testing industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Procedure Analysis
The Global Preimplantation Genetic Testing Market is segmented among PGD, and PGS, based on Procedure. In 2023, PGD accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Product Analysis
The Global Preimplantation Genetic Testing Market is segmented among Reagents and Consumables, Instruments, and Software, based on Product. In 2023, Reagents and Consumables accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Preimplantation Genetic Testing Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are The Cooper Companies Inc., Illumina Inc., Thermo Fisher Scientific Inc., Quest Diagnostics Inc., PerkinElmer Inc., Invitae Corp., Natera Inc., Igenomix Sl, Bioarray SL, and Genea Ltd.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Preimplantation Genetic Testing Market Dynamics
Drivers
Restraints
Opportunity
4. Global Preimplantation Genetic Testing Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Preimplantation Genetic Testing Market Segmentation, By Procedure
Global Preimplantation Genetic Testing Market Share Analysis, By Procedure
Global Preimplantation Genetic Testing Market Growth Analysis, By Procedure
Global Preimplantation Genetic Testing Market Trends, By Procedure
o Preimplantation Genetic Diagnosis (PGD)
o Preimplantation Genetic Screening (PGS)
6. Global Preimplantation Genetic Testing Market Segmentation, By Product
Global Preimplantation Genetic Testing Market Share Analysis, By Product
Global Preimplantation Genetic Testing Market Growth Analysis, By Product
Global Preimplantation Genetic Testing Market Trends, By Product
o Reagents and Consumables
o Instruments
o Software
7. Global Preimplantation Genetic Testing Market Segmentation, By Technology
Global Preimplantation Genetic Testing Market Share Analysis, By Technology
Global Preimplantation Genetic Testing Market Growth Analysis, By Technology
Global Preimplantation Genetic Testing Market Trends, By Technology
o Next Generation Sequencing (NGS)
o Polymerase Chain Reaction (PCR)
o Fluorescent In-Situ Hybridization (FISH)
o Others
8. Global Preimplantation Genetic Testing Market Segmentation, By Application
Global Preimplantation Genetic Testing Market Share Analysis, By Application
Global Preimplantation Genetic Testing Market Growth Analysis, By Application
Global Preimplantation Genetic Testing Market Trends, By Application
o Chromosomal Abnormalities
o X-linked Diseases
o Embryo Testing
o Aneuploidy Screening
o HLA Typing
o Other Applications
9. Global Preimplantation Genetic Testing Market Segmentation, By End User
Global Preimplantation Genetic Testing Market Share Analysis, By End User
Global Preimplantation Genetic Testing Market Growth Analysis, By End User
Global Preimplantation Genetic Testing Market Trends, By End User
o Fertility Centers
o Hospitals
o Diagnostic Centers
o Research Centers and Academic Labs
10. Global Preimplantation Genetic Testing Market Segmentation, By Region
Global Preimplantation Genetic Testing Market Share Analysis, By Region
Global Preimplantation Genetic Testing Market Growth Analysis, By Region
Global Preimplantation Genetic Testing Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
11. Competitive Landscape
Quest Diagnostics Incorporated*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Natera, Inc.
COOPER SURGICAL, INC.
Genea Pty Limited.
Invitae Corporation
Laboratory Corporation of America Holdings
Thermo Fisher Scientific Inc.
Bioarray S.L.
Illumina, Inc.
Igenomix
RGI
F. Hoffmann-La Roche Ltd
*Similar analysis will be provided for each company listed above.