Market Size of Global Preterm Birth and PROM Testing Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | 3.35 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
Preterm Birth & PROM Testing Market Analysis
The Preterm Birth and PROM testing market is projected to grow with a CAGR of 3.35% during the forecast period (2022 - 2027).
The COVID-19 pandemic has significantly impacted the preterm birth and PROM testing market. According to a study published in the International Journal of Gynecology and Obstetrics, in October 2020, titled "The effect of the COVID-19 pandemic on maternal health due to delay in seeking health care: Experience from a tertiary center," inadequate prenatal visits were observed in one-third of the women. Lockdown and fear of infection were the leading causes of delayed health-seeking, with 44.7% of pregnancies ending in complications. Also, according to a report published in the Gynecologic and Obstetric Investigation in July 2020, infection with COVID-19 during pregnancy raises the risk of pregnancy complications such as preterm birth, preterm premature rupture of the membranes, and, in rare circumstances, maternal mortality. As a result, preterm and PROM testing have been increased to detect and prevent prenatal births and reduce complications. Thus, the market is predicted to rise due to the increased need for care.
The factors propelling the growth of the market are the rising number of preterm and low-weight births worldwide, growing advancements in point-of-care diagnostics and technological advancements in PROM testing tools, and increasing awareness regarding preterm birth and PROM testing availability.
The incidences of premature birth and increasing death among children due to preterm birth are the key driving factors for the growth of the market over the forecast period. According to the data published by the Centers for Disease Control, in 2021, the rate of preterm delivery among African-American women was 14.9%, which is 50% higher than the rate among whites (9.1%) and Hispanic women (9.8%). Similarly, according to the statistics published by the March of Dimes, in 2021, it has been observed that the preterm birth rates rose from 14.25% to 14.36% among Black women and from 11.55% to 11.61% among American Indian/Alaska Native mothers. Additionally, an article published by the Centers for Disease Control and Prevention in 2021, titled 'Preterm Birth,' reported that in 2020, in the United States, one in every ten infants born were premature.
Furthermore, the increasing number of people visiting diagnostic labs and healthcare units for testing, particularly in emerging regions, is fueling market expansion over the forecast period. Diagnostic centers are becoming more popular and widely used due to their increased reliability, cost-effectiveness, speed of results, and delivering precise diagnosis results at a low cost.
However, the lack of availability of PROM testing services and economic constraints in under-der developed countries are likely to hinder the growth of the market.
Preterm Birth & PROM Testing Industry Segmentation
As per the scope of the report, preterm birth is the birth of the baby before completion of the 37 weeks. Preterm babies are prone to various medical complications and have weakened immunity. PROM testing is a type of test that detects the premature rupturing of the fetal membranes. The Global Preterm Birth and PROM Testing Market is segmented by test type (Pelvic exam, Ultrasound, Biochemical Markers, Uterine Monitoring, and Others) and geography (North America, Europe, Asia-Pacific, Middle East, and Africa, South America). The market report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (in USD million) for the above segments.
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Pelvic exam | |
Ultrasound | |
Biochemical Markers | |
Uterine Monitoring | |
Others |
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Global Preterm Birth and PROM Testing Market Size Summary
The preterm birth and PROM testing market is experiencing growth driven by several factors, including the rising incidence of preterm and low-weight births globally, advancements in point-of-care diagnostics, and increased awareness of preterm birth testing. The COVID-19 pandemic has further influenced the market, highlighting the need for enhanced testing to prevent complications associated with delayed healthcare seeking. The market is characterized by the growing demand for diagnostic services, particularly in emerging regions, where the popularity of diagnostic centers is on the rise due to their reliability and cost-effectiveness. However, challenges such as limited availability of PROM testing services and economic constraints in underdeveloped countries may hinder market expansion.
The ultrasound segment is witnessing significant growth, fueled by technological advancements and increased research activities aimed at predicting preterm births. Ultrasound technology is being leveraged to improve the diagnosis and forecasting of premature births, with companies focusing on developing innovative devices and tests. North America is expected to hold a substantial market share, supported by well-established healthcare facilities and ongoing collaborations between companies and non-profit organizations to enhance preterm birth detection. The competitive landscape is marked by the presence of both global and local players, with major companies adopting strategies like product development and market expansion to maintain their positions.
Global Preterm Birth and PROM Testing Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Incidence of Preterm and Low-weight Births
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1.2.2 Increasing Awareness and Technological Advancements in Point-Of Care and PROM Testing
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1.3 Market Restraints
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1.3.1 Lack of Awareness and Economic Constraints in Under-developed Countries
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD million)
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2.1 By Test Type
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2.1.1 Pelvic exam
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2.1.2 Ultrasound
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2.1.3 Biochemical Markers
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2.1.4 Uterine Monitoring
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2.1.5 Others
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2.2 Geography
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2.2.1 North America
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2.2.1.1 United States
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2.2.1.2 Canada
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2.2.1.3 Mexico
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2.2.2 Europe
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2.2.2.1 Germany
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2.2.2.2 United Kingdom
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2.2.2.3 France
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2.2.2.4 Italy
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2.2.2.5 Spain
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2.2.2.6 Rest of Europe
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2.2.3 Asia-Pacific
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2.2.3.1 China
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2.2.3.2 Japan
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2.2.3.3 India
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2.2.3.4 Australia
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2.2.3.5 South Korea
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2.2.3.6 Rest of Asia-Pacific
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2.2.4 Middle East and Africa
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2.2.4.1 GCC
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2.2.4.2 South Africa
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2.2.4.3 Rest of Middle East and Africa
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2.2.5 South America
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2.2.5.1 Brazil
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2.2.5.2 Argentina
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2.2.5.3 Rest of South America
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Global Preterm Birth and PROM Testing Market Size FAQs
What is the current Global Preterm Birth and PROM Testing Market size?
The Global Preterm Birth and PROM Testing Market is projected to register a CAGR of 3.35% during the forecast period (2024-2029)
Who are the key players in Global Preterm Birth and PROM Testing Market?
Hologic, Inc., Abbott, Sera Prognostics, CooperSurgical Inc. and IQ Products are the major companies operating in the Global Preterm Birth and PROM Testing Market.