Latest Insights on Executive Summary Preimplantation Genetic Screening (PGS) Technology Market Share and Size

CAGR Value: 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.

To produce the best market research report, a wide range of objectives is required to be kept in mind. The large scale Preimplantation Genetic Screening (PGS) Technology Market report is comprehensive and object-oriented which is structured with the grouping of an admirable industry experience, talent solutions, industry insight and most modern tools and technology. Here, market segmentation is performed in terms of markets covered, geographic scope, years considered for the study, currency and pricing, research methodology, primary interviews with key opinion leaders, DBMR market position grid, DBMR market challenge matrix, secondary sources, and assumptions.

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Preimplantation Genetic Screening (PGS) Technology Business Outlook

**Segments**

- By Type (Invasive PGS, Non-Invasive PGS)
- By Technology (Next-Generation Sequencing, Polymerase Chain Reaction, Comparative Genomic Hybridization, Fluorescence in Situ Hybridization, Array-Comparative Genomic Hybridization)
- By End-User (Fertility Clinics, Research & Academic Institutes, Hospitals)

The global preimplantation genetic screening (PGS) technology market is segmented based on type, technology, and end-user. In terms of type, the market is divided into invasive PGS and non-invasive PGS. Invasive PGS involves obtaining a sample of cells from the embryo for genetic testing, while non-invasive PGS allows for genetic screening without the need for embryo biopsy. By technology, the market is categorized into next-generation sequencing, polymerase chain reaction, comparative genomic hybridization, fluorescence in situ hybridization, and array-comparative genomic hybridization. Different technologies offer various levels of accuracy and efficiency in detecting genetic abnormalities in embryos. Lastly, based on end-user, the market is segmented into fertility clinics, research & academic institutes, and hospitals, reflecting the diverse settings where PGS technology is utilized.

**Market Players**

- Illumina, Inc.
- Thermo Fisher Scientific Inc.
- Agilent Technologies, Inc.
- PerkinElmer Inc.
- Natera, Inc.
- Coopersurgical, Inc.
- F.Hoffmann-La Roche Ltd
- Abbott
- Oxford Gene Technology
- Rubicon Genomics, Inc.

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., Coopersurgical, Inc., F.Hoffmann-La Roche Ltd, Abbott, Oxford Gene Technology, and Rubicon Genomics, Inc. These companies are at the forefront of developing and providing advanced PGS technologies, including next-generation sequencing platforms, genetic testing kits, and software solutions for analyzing genetic data. With a focus on innovation and strategic collaborations, these market players are driving the growth and adoption of PGS technology across various healthcare settings.

The global preimplantation genetic screening (PGS) technology market is witnessing significant growth due to factors such as increasing awareness about genetic disorders, advancements in technology, rising infertility rates, and the growing trend of delayed parenthood. As more individuals and couples opt for assisted reproductive technologies (ART) to conceive, the demand for PGS technology is expected to surge. Companies like Illumina, Thermo Fisher Scientific Inc., and Agilent Technologies, Inc. are investing heavily in research and development to enhance the accuracy, speed, and cost-effectiveness of PGS technologies. These market players are also focusing on expanding their product portfolios and geographical presence to cater to the evolving needs of healthcare providers and patients worldwide.

Innovations in next-generation sequencing (NGS) technology have revolutionized the field of PGS by enabling high-throughput genetic screening of embryos with greater precision and efficiency. NGS platforms offered by companies like Illumina and Thermo Fisher Scientific Inc. allow for comprehensive analysis of multiple genes simultaneously, thereby improving the detection of chromosomal abnormalities in embryos. Additionally, the emergence of non-invasive PGS methods, such as cell-free DNA testing, is set to transform the landscape of ART by offering a safer and less invasive alternative to traditional biopsy methods. Market players like Natera, Inc. and Coopersurgical, Inc. are leading the way in developing and commercializing non-invasive PGS technologies, which are expected to gain traction in the coming years.

Moreover, collaborations and partnerships between industry players and research institutions are driving innovation and expanding the applications of PGS technology. Companies like F.Hoffmann-La Roche Ltd and Abbott are working closely with academic institutes and fertility clinics to conduct clinical trials, validate new testing methodologies, and improve the overall success rates of ART procedures. These strategic alliances not only accelerate the development of novel PGS solutions but also help in obtaining regulatory approvals and ensuring the quality and accuracy of genetic testing services.

Furthermore, the increasing adoption of PGS technology in hospitals for preconception screening and in research institutes for studying genetic disorders is contributing to the market growth. Hospitals are incorporating PGS into their fertility treatment protocols to enhance embryo selection and improve the outcomes of in vitro fertilization (IVF) procedures. Research institutions are leveraging PGS technology to investigate the genetic causes of infertility, recurrent miscarriages, and genetic conditions in embryos, leading to advancements in reproductive medicine and personalized genetic counseling. As the demand for PGS continues to rise across different end-user segments, market players need to focus on offering tailored solutions, ensuring regulatory compliance, and educating healthcare professionals and patients about the benefits of genetic screening in ART. Overall, the global PGS technology market is poised for substantial expansion, driven by technological innovations, strategic collaborations, and increasing awareness about the importance of genetic testing in reproductive healthcare.The global preimplantation genetic screening (PGS) technology market is experiencing robust growth propelled by several key factors. The increasing prevalence of genetic disorders and rising infertility rates are driving the demand for advanced PGS technologies. As individuals and couples increasingly opt for assisted reproductive technologies (ART) to conceive, the adoption of PGS for embryo screening is expected to escalate. Market leaders such as Illumina, Thermo Fisher Scientific Inc., and Agilent Technologies, Inc. are investing heavily in R&D to enhance the accuracy, efficiency, and cost-effectiveness of PGS technology, thereby meeting the evolving needs of healthcare providers and patients worldwide. Collaborations and partnerships between industry players and research institutions are also fueling innovation in PGS technology, leading to the development of novel solutions and improved success rates in ART procedures.

The advent of next-generation sequencing (NGS) technology has been pivotal in transforming the landscape of PGS. NGS platforms offered by key market players enable comprehensive genetic screening of embryos, allowing for the simultaneous analysis of multiple genes and improving the detection of chromosomal abnormalities. Additionally, the emergence of non-invasive PGS methods, such as cell-free DNA testing, is poised to revolutionize ART by offering a safer and less invasive alternative to traditional biopsy methods. Companies like Natera, Inc. and Coopersurgical, Inc. are spearheading the development and commercialization of non-invasive PGS technologies, which are expected to gain traction in the market. These advancements underscore the dynamic nature of the PGS technology market, with a strong emphasis on innovation and technological progress.

Furthermore, the expanding adoption of PGS technology in hospitals for preconception screening and in research institutes for genetic studies is contributing to market growth. Hospitals are integrating PGS into their fertility treatment protocols to enhance embryo selection and improve the outcomes of in vitro fertilization procedures. Research institutions are leveraging PGS technology to investigate genetic causes of infertility and recurrent miscarriages, leading to advancements in reproductive medicine and personalized genetic counseling. Overall, the increasing awareness about the benefits of genetic screening in reproductive healthcare, coupled with technological advancements and strategic collaborations, positions the global PGS technology market for substantial expansion in the foreseeable future. Market players need to continue innovating and tailoring solutions to meet the evolving demands of healthcare providers and patients in this dynamic and pivotal field.

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Preimplantation Genetic Screening (PGS) Technology Market – Analyst-Ready Question Batches

• What is the Preimplantation Genetic Screening (PGS) Technology Market share of domestic vs international players?
• Which product innovations are most successful?
• What are the logistics challenges in this Preimplantation Genetic Screening (PGS) Technology Market industry?
• Which pricing models are most effective?
• What customer acquisition strategies work best?
• How has COVID-19 impacted the Preimplantation Genetic Screening (PGS) Technology Market?
• What are the main challenges faced by SMEs?
• Which countries are the biggest importers?
• What portion of the Preimplantation Genetic Screening (PGS) Technology Market is unorganized?
• How has consumer perception evolved recently?
• Which regions are considered saturated?
• What role does packaging play in consumer choice?
• What loyalty programs are used in this Preimplantation Genetic Screening (PGS) Technology Market?
• How is AI being applied in the Preimplantation Genetic Screening (PGS) Technology Market?

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