Rising numbers of assisted reproductive procedures such as in vitro fertilization (IVF) is Asia is the most prominent factor driving the market for preimplantation genetic diagnosis. This is, in essence, the result of factors such as the delayed age of conception among Asian women, the rising rate of infertility among the population, and the significantly expanding medical tourism industry in the region. Rising disposable incomes and increased awareness regarding the rising prevalence of a number of genetic disorders are also encouraging the Asian population to undertake costly diagnostic procedures such as PGD.
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TMR analysts project that these factors will enable the Asia preimplantation genetic diagnosis market expansion at a healthy 6.8% CAGR from 2015 to 2023. The market is expected to rise from a valuation of US$16.0 mn in 2014 to US$28.8 mn by 2023
Single Gene Disorder Screening to be Preferred over Prenatal Diagnostic Testing
Preimplantation hereditary finding for the screening of aneuploidy held the chief offer of 34.7% in the Asia PGD showcase in 2014. Liberal controls relating to this range of conclusion in most Asian nations is the central point behind the high quantities of aneuploidy screening tests embraced each year in the district. Be that as it may, PGD for single quality issue is anticipated to grow at the quicker CAGR from the period in the vicinity of 2015 and 2023. Expanded inclination of this demonstrative methodology is supported by innovative progressions and generally high precision of results. Additionally, single quality issue screening is more useful contrasted with customary pre-birth demonstrative testing in developing life, driving the market for PGD for single quality issue.
Region-wise, the Asia preimplantation genetic diagnosis market is likely to witness fruitful opportunities in the Southern Asia region. In most Asian nations where PGD is not disallowed, it is controlled by the provincial or national government. The high expenses of PGD methods are likewise a zone of massive worry for certain cost sensitive nations in the area. Consolidated with liberal administrative standards and the rising populace of high-procuring people, Southern Asia will rise as the most lucrative market for preimplantation hereditary conclusion in the following couple of years. The PGD advertise in Southern Asia is required to ascend at an ideal 7.9% CAGR from 2015 to 2023.
Growing Penchant towards Assisted Reproductive Techniques to Bolster Deployment
Rising inclination to helped regenerative methods, which include preimplantation hereditary finding as a standard game-plan for guaranteeing that the incipient organism is free of any hereditary oddities, is integral to the solid development of the Asia PGD advertise. The interest for helped regenerative systems in the locale is driven significantly because of two elements: postponed period of origination among ladies and the alarmingly rising rate of fruitlessness in the area. With rising support in the locale’s workforce, countless ladies are considering their infants in late 20s to late 30s. As infertility issues and difficulties worried about imagining begin heightening as the age rises, couples in the area are progressively favoring helped conceptive systems, for example, in vitro treatment.