Ideas That Generate Results

India NIPT Market to Witness a High Growth

Oct 05, 2016

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According to a new research report by RNCOS entitled, “Indian NIPT Market Outlook 2022”, the Indian NIPT market represents a market with remarkable potential for growth. NIPT has emerged as a niche sector with immense growth forecasts and is rapidly expanding its foothold in the global market. As witnessed over the last few years, India has recently witnessed the entry of two companies, and is expected to grow at an astounding CAGR during the coming years.
The trend of pregnancies has witnessed a radical change in India in terms of the age of conceiving. Earlier, the age group for pregnancy used to be 25 to 30 years. However, a large chunk of people these days get married after 26. This has increased the age of pregnancies to 28 to 35 years, going as high and above 35 years too.
Also, companies have now started exploring the NIPT technology at an accelerated pace. The Indian NIPT market will grow at a fast pace in the years to come owing to the increasing genetic abnormalities, increase in fetal mortality, and advancement of healthcare technologies across the region. Another major driver for NIPT growth in India is the increasing focus of women towards their career due to which their pregnancies delays. Moreover, referral by obstetricians/gynecologists is also considered as a major driving factor for a pregnant woman to choose NIPT test over other treatments. They should thus, be the primary target of any player’s marketing team. Also, our conversation with leading gynecologists in India suggests that NIPT can completely change the current scenario of prenatal diagnosis.
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