One of the key challenges faced by the global non-invasive prenatal testing (NIPT) market is the high costs associated with NIPT procedures. NIPT tests analyze cell-free DNA from a maternal blood sample to screen for fetal chromosome abnormalities such as Down syndrome, without risking the health of the fetus. However, the procedures and techniques involved in extracting and analyzing fetal cell-free DNA are highly complex and require sophisticated laboratory equipment and genetic expertise. This makes NIPT tests quite expensive, with an average cost ranging from US$ 1,000-2,000 per test. The high costs pose affordability issues, restricting NIPT to high-income groups, and developed regions of the world. Several developing and underdeveloped markets have low acceptance and adoption rates of NIPT due to the high expenditure required.
Market Opportunities - Technological advancements in genomic testing
One of the key opportunities for the global non-invasive prenatal testing (NIPT) market lies in the ongoing technological advancements in the field of genomic testing. Continuous research and development is helping refine NIPT methodologies and optimize associated laboratory processes. Improvements in next generation sequencing (NGS) technologies have enabled more accurate and efficient analysis of cell-free DNA from smaller sample sizes. Advanced analytics and machine learning applications are also aiding the interpretation of NIPT results. Portable and decentralized testing solutions are being innovated to facilitate POINT-of-CARE NIPT outside conventional laboratory settings. Such technological upgrades are helping reduce the costs and complexities of NIPT. As tests become more affordable and accessible, demand for NIPT is expected to tremendously increase across different global regions.
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