Prenatal diagnostics is a diagnostic process involving checking for illnesses before the child is born. It helps establish the presence of some inherited disorders, like hereditary diseases, chromosomal defects and other problems. The process can be carried out by screening, genetic testing, common testing and some other procedures.
The worldwide prenatal diagnostics market was estimated to be valued at about USD 5 billion in 2010. It is estimated to expand during the projected phase of 2010 to 2018. This is anticipated to happen at a CAGR of about 4 percent and lead to a size of about USD 6 billion by 2018. Rising cases of Down’s syndrome and technological developments are the likely drivers of this market.
Apart from these, the growing age of mothers and escalating need for non invasive prenatal diagnostics also drive the prenatal diagnostics market.