Preimplantation Genetic Screening (PGS) Technology Market Trends: Growth, Share, Value, Size, and Analysis By 2033
Executive Summary Preimplantation Genetic Screening (PGS) Technology Market :
Data Bridge Market Research analyses that the preimplantation genetic screening (PGS) technology market which was USD 552.50 million in 2021, would rocket up to USD 1228.09 million by 2029, and is expected to undergo a CAGR of 10.50% during the forecast period 2022 to 2029.
Preimplantation Genetic Screening (PGS) Technology Market report is a comprehensive background analysis of the industry, which includes an assessment of the parental market. With the global market data provided in the report, it has become easy to achieve global perspective for the international business. This market report also contains market drivers and market restraints for industry that are derived from SWOT analysis, and also shows what all the recent developments, product launches, joint ventures, mergers and acquisitions by the several key players and brands that are driving the market are by systemic company profiles.
For producing this Preimplantation Genetic Screening (PGS) Technology Market report, data has been sourced from in-house databases, secondary and primary research performed by a team of industry experts. In this business report, complete and crystal clear outline of the market is penned down which is useful for many businesses. This market report can be explored in terms of breakdown of data by manufacturers, region, type and application, market status, market share, growth rate, future trends, market drivers, opportunities and challenges, emerging trends, risks and entry barriers, sales channels, and distributors. With this Preimplantation Genetic Screening (PGS) Technology Market report not only an unskilled individual but also a professional can easily extrapolate an entire market within a few seconds.
Discover the latest trends, growth opportunities, and strategic insights in our comprehensive Preimplantation Genetic Screening (PGS) Technology Market report. Download Full Report: https://www.databridgemarketresearch.com/reports/global-preimplantation-genetic-screening-pgs-technology-market
Preimplantation Genetic Screening (PGS) Technology Market Overview
**Segments**
- By Technology: Next-Generation Sequencing (NGS), Polymerase Chain Reaction (PCR), Comparative Genomic Hybridization (CGH), Fluorescence In-Situ Hybridization (FISH), Other Technologies
- By Procedure Type: Preimplantation Genetic Diagnosis, Preimplantation Genetic Screening
- By Product: Instruments, Reagents and Consumables, Software and Services
The global preimplantation genetic screening (PGS) technology market is segmented based on technology, procedure type, and product. In terms of technology, the market is categorized into Next-Generation Sequencing (NGS), Polymerase Chain Reaction (PCR), Comparative Genomic Hybridization (CGH), Fluorescence In-Situ Hybridization (FISH), and Other Technologies. NGS is gaining traction due to its high accuracy and efficiency in detecting genetic abnormalities in embryos. By procedure type, the market is divided into Preimplantation Genetic Diagnosis and Preimplantation Genetic Screening, with PGS witnessing significant growth due to its ability to screen for a wide range of genetic disorders. The product segment includes Instruments, Reagents and Consumables, and Software and Services, each playing a crucial role in facilitating genetic screening procedures.
**Market Players**
- Illumina, Inc.
- Thermo Fisher Scientific, Inc.
- Agilent Technologies
- PerkinElmer Inc.
- Coopersurgical, Inc.
- Natera, Inc.
- Oxford Gene Technology
Key market players in the global preimplantation genetic screening (PGS) technology market include Illumina, Inc., Thermo Fisher Scientific, Inc., Agilent Technologies, PerkinElmer Inc., Coopersurgical, Inc., Natera, Inc., and Oxford Gene Technology. These companies are focusing on research and development activities to introduce advanced technological solutions that enhance the accuracy and efficiency of PGS procedures. Strategic collaborations, partnerships, and acquisitions are common strategies adopted by these players to strengthen their market presence and expand their product offerings on a global scale.
The global preimplantation genetic screening (PGS) technology market is experiencing significant growth driven by advancements in genetic screening technologies, increasing prevalence of genetic disorders, rising awareness about the benefits of PGS, and growing demand for assisted reproductive technologies (ART). Next-Generation Sequencing (NGS) technology is emerging as a key segment in the market due to its ability to provide comprehensive genetic information with high accuracy and efficiency, enabling healthcare providers to identify genetic abnormalities in embryos more effectively. NGS allows for simultaneous screening of multiple genetic markers, providing detailed insights into the genetic makeup of embryos and helping in the selection of healthy embryos for implantation.
Polymerase Chain Reaction (PCR) and Comparative Genomic Hybridization (CGH) technologies are also significant contributors to the market, offering precise genetic analysis and detection of chromosomal abnormalities in embryos. Fluorescence In-Situ Hybridization (FISH) technology remains a valuable tool for specific genetic screening applications, although it is gradually being replaced by more advanced technologies like NGS and CGH. Other emerging technologies in the PGS market are continuously being developed to enhance the accuracy, speed, and cost-effectiveness of genetic screening procedures, opening up new opportunities for market growth and innovation.
In terms of procedure types, Preimplantation Genetic Screening (PGS) is witnessing substantial demand due to its ability to screen embryos for various genetic disorders, chromosomal abnormalities, and aneuploidies before implantation, thereby improving the success rates of in-vitro fertilization (IVF) procedures. Preimplantation Genetic Diagnosis (PGD) is also a key segment in the market, focusing on the detection of specific genetic conditions in embryos to prevent the transmission of hereditary diseases to offspring. Both PGS and PGD procedures require sophisticated instruments, high-quality reagents and consumables, as well as advanced software and services to support genetic analysis, data management, and interpretation.
Market players such as Illumina, Inc., Thermo Fisher Scientific, Inc., Agilent Technologies, and PerkinElmer Inc. are at the forefront of technological innovations in the PGS market, continuously investing in R&D to develop state-of-the-art solutions that meet the evolving needs of healthcare providers and patients. Coopersurgical, Inc., Natera, Inc., and Oxford Gene Technology are also actively involved in pioneering advancements in genetic screening technologies, expanding their product portfolios, and enhancing customer outreach through strategic partnerships and collaborations.
The global PGS technology market is poised for robust growth in the coming years, driven by increasing infertility rates, rising maternal age, growing acceptance of ART procedures, and expanding applications of genetic screening in reproductive healthcare. Continued investments in research, technology development, regulatory compliance, and market expansion will further accelerate the adoption of PGS technologies, revolutionizing the landscape of assisted reproduction and genetic screening worldwide.The global preimplantation genetic screening (PGS) technology market is witnessing significant growth propelled by various factors such as advancements in genetic screening technologies, increasing prevalence of genetic disorders, rising awareness about the benefits of PGS, and the growing demand for assisted reproductive technologies (ART). Next-Generation Sequencing (NGS) technology has emerged as a key player in the market due to its ability to offer comprehensive genetic information with high accuracy and efficiency. This technology enables healthcare providers to effectively identify genetic abnormalities in embryos, thus enhancing the success rates of IVF procedures.
Polymerase Chain Reaction (PCR) and Comparative Genomic Hybridization (CGH) technologies are also essential contributors to the market, providing precise genetic analysis and detection of chromosomal abnormalities in embryos. While Fluorescence In-Situ Hybridization (FISH) technology remains valuable for specific genetic screening applications, it is gradually being replaced by more advanced technologies like NGS and CGH due to their superior capabilities. Additionally, continuous development of emerging technologies in the PGS market aims to enhance the accuracy, speed, and cost-effectiveness of genetic screening procedures, creating new growth opportunities within the market.
In terms of procedure types, Preimplantation Genetic Screening (PGS) is experiencing a surge in demand as it allows for the screening of embryos for various genetic disorders, chromosomal abnormalities, and aneuploidies before implantation. This process significantly improves the success rates of IVF procedures. On the other hand, Preimplantation Genetic Diagnosis (PGD) focuses on detecting specific genetic conditions in embryos to prevent the transmission of hereditary diseases to offspring. Both PGS and PGD procedures require sophisticated instruments, high-quality reagents and consumables, as well as advanced software and services to support genetic analysis, data management, and interpretation.
Market players such as Illumina, Inc., Thermo Fisher Scientific, Inc., Agilent Technologies, and PerkinElmer Inc. are driving technological innovations within the PGS market by investing heavily in research and development to introduce cutting-edge solutions that meet the evolving needs of healthcare providers and patients. Coopersurgical, Inc., Natera, Inc., and Oxford Gene Technology are also actively contributing to advancements in genetic screening technologies, expanding their product portfolios, and enhancing customer outreach through strategic partnerships and collaborations.
The global PGS technology market is poised for robust growth in the foreseeable future due to increasing infertility rates, rising maternal age, the growing acceptance of ART procedures, and the expanding applications of genetic screening in reproductive healthcare. Continued investments in research, technology development, regulatory compliance, and market expansion will further accelerate the adoption of PGS technologies, transforming the landscape of assisted reproduction and genetic screening on a global scale.
The Preimplantation Genetic Screening (PGS) Technology Market is highly fragmented, featuring intense competition among both global and regional players striving for market share. To explore how global trends are shaping the future of the top 10 companies in the keyword market.
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Key Questions Answered in This Report: –
- How has this Preimplantation Genetic Screening (PGS) Technology Marketperformed so far and how will it perform in the coming years?
- Which are the key product types available in this Preimplantation Genetic Screening (PGS) Technology Market?
- Which are the major application areas in thePreimplantation Genetic Screening (PGS) Technology Market?
- What are the key distribution channels in the global Preimplantation Genetic Screening (PGS) Technology Market?
- What are the key regions in this Preimplantation Genetic Screening (PGS) Technology Market?
- What are the price trends?
- What are the various stages in the value chain of this industry?
- What are the key driving factors and challenges in the market?
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