Preterm Birth and PROM Testing Market Size And Forecast
The Global Preterm Birth and PROM Testing Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Preterm Birth and PROM Testing Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.
Preterm Birth and PROM Testing Market was valued at USD 165.8 Million in 2019 and is projected to reach USD 305.1 Million by 2027, growing at a CAGR of 7.9 % from 2020 to 2027.
What is Preterm Birth and PROM Testing?
PROM stands for Premature Rupture of Membrane. It is a typical pregnancy complexity and is one of the main sources of premature births. Preterm birth and premature rupture of membrane (PROM) testing are inclusively sectioned into preterm birth testing and premature rupture of membrane (PROM) testing.
Management and treatment of premature rupture of the membrane may include hospitalization and expectant management. In very rare cases the membrane may seal over and fluid may stop leaking without treatment. Symptoms such as pelvic pressure, vaginal spotting or bleeding, cramps or regular contractions, vaginal discharge, and fluid leakage are examined by the gynecologists to recognize preterm labor. A pelvic exam is performed frequently over a period of few hours to record contractions and determines alterations in the cervix.
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A high degree of accuracy of these tests results in early diagnosis of preterm labor, lessening the chance of neonatal morbidity and mortality, reduces the length of stay of high-risk patients, and minimizes unnecessary treatment costs. Conventional methods of preterm birth testing include sterile speculum examination (pooling), pelvic examination, blood test, ultrasound, and fetal fibronectin (fFN) test
Global Preterm Birth and PROM Testing Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Awareness regarding the prenatal tests and desires for a healthy pregnancy is on the surge, therefore the rate of performing such tests is increasing. The escalating demand for the test ensures technological development and more of research activities in the field.
The shoot up in the acquisition of biomarker test kits is anticipated to drive the market over the predicted period. Increasing demand for improved healthcare, high treatment costs, and the rising global population is anticipated to further propel the market for point-of-care testing, in turn boosting the adoption of preterm birth and PROM testing. However, eliminating inconvenience caused to the patients for regular checkups and tests can be a challenge for the market.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Preterm Birth and PROM Testing Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Global Preterm Birth and PROM Testing Market Competitive Landscape
The “Global Preterm Birth and PROM Testing Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Qiagen Sciences, LLC., Hologic, Cooper Surgical, Abbott, Medixbiochemica, Sera prognostics, Clinical Innovations, LLC, Biosynex, NX prenatal, IQ Products, and Others. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
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Preterm Birth and PROM Testing Market, By Test Type
• Preterm Birth Tests
o Pelvic Exam
o Ultrasound
o Others
• PROM Tests
o Nitrazine Test
o Ferning Test
o Others
Preterm Birth and PROM Testing Market, By End-User
• Hospitals
• Diagnostic Laboratories
• Others
Preterm Birth and PROM Testing Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World
o Middle East & Africa
o Latin America
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