Newborn Genetic Testing Market Size to Reach USD 4.8 Bn by 2033
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Abstract
According to the Regional Research Reports, the Global Newborn Genetic Testing market is anticipated to reach USD XX billion by 2030 from USD 4.8 billion in 2021. The global Newborn Genetic Testing market is projected to grow at a CAGR of 10.7% from 2022 to 2030. The increasing prevalence of genetic diseases among infants is the major factor positively influencing the growth of the newborn genetic testing market. The risk of genetic diseases in infants is high when parents have another child suffering from a genetic disease or if either of the parents has an abnormality in their chromosomes.
Due to the rising number of cases of genetic disorders in infants, governments of many regions are promoting the use of prenatal and newborn genetic testing. Therefore, this factor is further boosting the growth of the market.
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