Preimplantation Genetic Testing Market Share To Reach Scalable Heights Of Growth
Preimplantation Genetic Testing Industry The global preimplantation genetic testing market size was estimated at USD 802.2 million in 2023 and is expected to grow at a CAGR of 10.3% from 2024 to 2030. The growing prevalence of single gene, mitochondrial, and other genetic disorders is expected to drive the demand for preimplantation diagnosis and screening processes in the coming years. The Florida Department of Health reports that approximately one in every 33 babies in the U.S. is born with a congenital disability, impacting nearly 120,000 babies each year. With new tests being launched, the demand is expected to grow in coming years. For instance, in July 2023, Thermo Fisher Scientific Inc. launched 2 tests based on NGS for preimplantation genetic testing-aneuploidy (PGT-A). Preimplantation genetic diagnosis (PGD) is utilized prior to the IVF process to ensure a successful pregnancy. PGD is employed in IVF cycles for women who have experienced multiple miscarriages or previous...