In-Depth Study on Executive Summary Preimplantation Genetic Screening (PGS) Technology Market Size and Share

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.

As the high quality Preimplantation Genetic Screening (PGS) Technology Market survey report has precise and accurate analysis of market trends, future developments, market segments and competitive analysis which suits the needs of all sizes of businesses. This market research report is one of the best and wide-ranging market reports which provide market insights by considering number of factors. The first class Preimplantation Genetic Screening (PGS) Technology Market business report highlights CAGR value fluctuation during the forecast period of 2023-2030, historic data, current market trends, market environment, technological innovation, upcoming technologies and the technical progress in the related industry.

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Preimplantation Genetic Screening (PGS) Technology Market Landscape

Segments

- By Type (Next-generation Sequencing, Polymerase Chain Reaction, Fluorescence in situ Hybridization, Comparative Genomic Hybridization)
- By Technology (Array Comparative Genomic Hybridization, Fluorescence in situ Hybridization, Next-generation Sequencing, Polymerase Chain Reaction)
- By Indication (Aneuploidy, Translocation, Deletion, Duplication)

The global Preimplantation Genetic Screening (PGS) technology market is segmented based on type, technology, and indication. In terms of type, the market is categorized into Next-generation Sequencing, Polymerase Chain Reaction, Fluorescence in situ Hybridization, and Comparative Genomic Hybridization. Next-generation sequencing is gaining popularity due to its high accuracy and efficiency in analyzing DNA sequences, which is crucial in screening genetic abnormalities in embryos. Polymerase Chain Reaction is also widely used for its ability to amplify specific DNA sequences for analysis. Fluorescence in situ Hybridization and Comparative Genomic Hybridization are other key types of PGS technologies utilized in the market.

When it comes to technology, the market is segmented into Array Comparative Genomic Hybridization, Fluorescence in situ Hybridization, Next-generation Sequencing, and Polymerase Chain Reaction. Array Comparative Genomic Hybridization enables the detection of chromosomal abnormalities by comparing DNA samples from the patient to a normal reference sample. Fluorescence in situ Hybridization is a technique for detecting specific DNA sequences using fluorescent probes. Next-generation Sequencing allows for the simultaneous sequencing of multiple DNA fragments, making it a powerful tool for genetic screening. Polymerase Chain Reaction is used to amplify a specific DNA sequence for analysis, making it an essential technology in PGS.

In terms of indication, the market is segmented into Aneuploidy, Translocation, Deletion, and Duplication. Aneuploidy, which refers to an abnormal number of chromosomes, is a common indication for PGS as it can lead to developmental disorders in embryos. Translocation involves the rearrangement of genetic material between different chromosomes, which can be screened using PGS technologies. Deletion and Duplication are also key indications for PGS, as they can lead to genetic disorders that can be detected early through genetic screening.

Market Players

- Illumina, Inc.
- Thermo Fisher Scientific Inc.
- Agilent Technologies, Inc.
- PerkinElmer Inc.
- Natera, Inc.
- Good Start Genetics, Inc.
- Abbott
- F. Hoffmann-La Roche Ltd
- Oxford Gene Technology
- Yikon Genomics

Key market players in the global Preimplantation Genetic Screening (PGS) technology market include Illumina, Inc., Thermo Fisher Scientific Inc., Agilent Technologies, Inc., PerkinElmer Inc., Natera, Inc., Good Start Genetics, Inc., Abbott, F. Hoffmann-La Roche Ltd, Oxford Gene Technology, and Yikon Genomics. These companies are at the forefront of developing innovative PGS technologies and are driving the market growth through strategic investments in research and development, partnerships, and acquisitions.

The Preimplantation Genetic Screening (PGS) technology market is witnessing a significant transformation driven by advancements in genetic testing technologies and a growing demand for improved screening methods to prevent genetic disorders in embryos. Market players such as Illumina, Inc., Thermo Fisher Scientific Inc., and Agilent Technologies, Inc. are actively engaged in developing innovative solutions to enhance the accuracy and efficiency of PGS technologies. These key players are leveraging their technical expertise and strong R&D capabilities to introduce next-generation sequencing platforms, polymerase chain reaction kits, and fluorescence in situ hybridization tools that offer higher precision and reliability in genetic screening processes.

One of the key trends shaping the PGS technology market is the increasing adoption of non-invasive prenatal testing (NIPT) techniques, which enable the detection of genetic abnormalities in embryos without the need for invasive procedures. Companies like Natera, Inc. and Good Start Genetics, Inc. are pioneering the development of non-invasive genetic screening tests that utilize cell-free DNA analysis to identify chromosomal abnormalities and genetic mutations with high sensitivity and specificity. This trend is expected to drive the demand for PGS technologies that offer non-invasive testing options, thereby reducing the risk of procedural complications and improving patient outcomes.

Another emerging trend in the PGS technology market is the integration of artificial intelligence (AI) and machine learning algorithms into genetic screening processes. Market leaders such as Abbott and F. Hoffmann-La Roche Ltd are investing in AI-driven platforms that can analyze vast amounts of genomic data to identify genetic variations and predict potential risks of inherited disorders. By leveraging AI technologies, companies are able to enhance the efficiency of genetic testing workflows, reduce turnaround times, and offer more personalized genetic counseling services to patients seeking PGS solutions.

Furthermore, the market for Preimplantation Genetic Screening (PGS) technology is witnessing a surge in strategic collaborations and partnerships among industry players to expand their product portfolios and geographical presence. Companies like Oxford Gene Technology and Yikon Genomics are entering into strategic alliances with research institutions and fertility clinics to accelerate the development and commercialization of novel PGS technologies. These collaborations enable market players to access a wider customer base, gain valuable insights into evolving market trends, and establish their position as leading providers of advanced genetic screening solutions in the global PGS technology market.

Overall, the Preimplantation Genetic Screening (PGS) technology market is poised for substantial growth in the coming years, driven by technological advancements, increasing awareness about genetic disorders, and a rising demand for personalized healthcare solutions. Key market players are expected to focus on expanding their product offerings, strengthening their distribution networks, and enhancing their research capabilities to capitalize on the lucrative opportunities presented by the evolving landscape of genetic testing technologies in the field of reproductive medicine. The Preimplantation Genetic Screening (PGS) technology market is experiencing significant growth driven by advancements in genetic testing technologies and increasing demand for more accurate and efficient screening methods to prevent genetic disorders in embryos. Key market players such as Illumina, Inc., Thermo Fisher Scientific Inc., and Agilent Technologies, Inc. are leading the market by developing cutting-edge solutions to enhance the precision and reliability of PGS technologies. These companies are heavily investing in research and development to introduce next-generation sequencing platforms, polymerase chain reaction kits, and fluorescence in situ hybridization tools that offer superior performance in genetic screening processes.

An important trend in the PGS technology market is the adoption of non-invasive prenatal testing (NIPT) techniques that allow the detection of genetic abnormalities in embryos without invasive procedures. Natera, Inc. and Good Start Genetics, Inc. are at the forefront of developing non-invasive genetic screening tests that utilize cell-free DNA analysis to identify chromosomal abnormalities and genetic mutations with high sensitivity and specificity. This trend is expected to drive the demand for PGS technologies offering non-invasive testing options, reducing procedural risks and improving patient outcomes.

Additionally, the integration of artificial intelligence (AI) and machine learning algorithms into genetic screening processes is an emerging trend in the PGS technology market. Companies like Abbott and F. Hoffmann-La Roche Ltd are investing in AI-driven platforms to analyze genomic data, identify genetic variations, and predict risks of inherited disorders. By leveraging AI technologies, companies can enhance testing workflows, reduce turnaround times, and provide more personalized genetic counseling services to patients seeking PGS solutions.

Strategic collaborations and partnerships among industry players are also on the rise in the PGS technology market. Companies such as Oxford Gene Technology and Yikon Genomics are forming alliances with research institutions and fertility clinics to accelerate the development and commercialization of advanced PGS technologies. These partnerships enable market players to expand their customer base, gain insights into market trends, and solidify their position as leading providers of genetic screening solutions in the global PGS technology market.

In conclusion, the PGS technology market is set for substantial growth driven by technological advancements, increasing awareness of genetic disorders, and rising demand for personalized healthcare solutions. Key market players are focusing on expanding their product offerings, strengthening distribution networks, and enhancing research capabilities to capitalize on the opportunities presented by evolving genetic testing technologies in reproductive medicine.

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Global Preimplantation Genetic Screening (PGS) Technology Market: Strategic Question Framework

• What is the size of the Preimplantation Genetic Screening (PGS) Technology Market as per the latest findings?
• What is the anticipated CAGR over the forecast period?
• Which main sectors are included in the market segmentation?
• Who are the influential names in the Preimplantation Genetic Screening (PGS) Technology Market industry?
• Have any recent products or technologies been introduced?
• What country-wise data is presented in the Preimplantation Genetic Screening (PGS) Technology Market study?
• Which region has the highest momentum in growth?
• Which country is likely to lead the Preimplantation Genetic Screening (PGS) Technology Market by 2032?
• What part of the globe accounts for the biggest Preimplantation Genetic Screening (PGS) Technology Market value?
• Which country will see the strongest CAGR trajectory?

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