Canada Non Invasive Prenatal Testing Market Size & Outlook
Canada non invasive prenatal testing market, 2018-2030 (US$M)
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Canada non invasive prenatal testing market highlights
- The Canada non invasive prenatal testing market generated a revenue of USD 222.0 million in 2022 and is expected to reach USD 489.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 10.4% from 2023 to 2030.
- In terms of segment, 13-24 weeks was the largest revenue generating gestation period in 2022.
- 0-12 weeks is the most lucrative gestation period segment registering the fastest growth during the forecast period.
Non invasive prenatal testing market data book summary
| Market revenue in 2022 | USD 222.0 million |
| Market revenue in 2030 | USD 489.0 million |
| Growth rate | 10.4% (CAGR from 2022 to 2030) |
| Largest segment | 13-24 weeks |
| Fastest growing segment | 0-12 weeks |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 0-12 weeks, 13-24 weeks, 25-36 weeks |
| Key market players worldwide | CooperSurgical, Natera Inc, Eurofins Scientific SE, Illumina Inc, Centogene NV Ordinary Shares, MedGenome, Myriad Genetics Inc, Roche Holding AG, Qiagen NV, Labcorp Holdings Inc, Quest Diagnostics Inc, Biora Therapeutics |
Other key industry trends
- In terms of revenue, Canada accounted for 5.8% of the global non invasive prenatal testing market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. non invasive prenatal testing market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 489.0 million by 2030.
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Non Invasive Prenatal Testing Market Scope
Non Invasive Prenatal Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada non invasive prenatal testing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to non invasive prenatal testing market will help companies and investors design strategic landscapes.
13-24 weeks was the largest segment with a revenue share of 51.13% in 2022. Horizon Databook has segmented the Canada non invasive prenatal testing market based on 0-12 weeks, 13-24 weeks, 25-36 weeks covering the revenue growth of each sub-segment from 2018 to 2030.
Canada is expected to witness significant growth in the non-invasive prenatal testing market owing to the rising adoption of noninvasive techniques to diagnose chromosomal abnormalities. It has been stated that in Ontario, the Ministry of Health and Long-Term Care (MOHLTC) approves NIPT for certain circumstances and can receive out-of-country funding. Furthermore, data is emerging that shows NIPT platforms can perform better than other aneuploidy screens for average-risk population. The Society of Obstetricians and Gynaeco logists of Canada (SOGC) guidelines warn that the usage of NIPT as first-line screening is expensive. In addition, women who do not qualify for funding out of country by MOHLTC need to pay for NIPT out of pocket.
The price of prenatal tests varies from USD 795- to USD 1,200 based on the company. The tests are only available in Ontario with government funding and women from other regions have to access them either using private insurance or out ofpocket expenses. Furthermore, collaborations between companies are increasing. For instance, Natera and Life Labs collaborated to offer the prenatal test Panorama. Such collaborations are expected to increase the number of tests being performed. Moreover, in 2019, Health Canada’s approval of NIPTs such as Harmony by Roche is expected to accelerate the market growth in the country.
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Our clientele includes a mix of non invasive prenatal testing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada non invasive prenatal testing market , including forecasts for subscribers. This country databook contains high-level insights into Canada non invasive prenatal testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada non invasive prenatal testing market size, by gestation period, 2018-2030 (US$M)
Canada Non Invasive Prenatal Testing Market Outlook Share, 2022 & 2030 (US$M)
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