Preterm Birth and PROM Testing Market Size To Reach USD 1.3 Billion By 2025Posted by Neha Bora on March 2nd, 2020 San Francisco, 2 March 2020: The Report Preterm Birth and PROM Testing Market Size, Share & Trends Analysis Report By Type (Pelvic Exam, Ferning, Nitazine, Pooling, Ultrasound, Uterine Monitoring, Biomarkers), And Segment Forecasts, 2019 – 2025 The global preterm birth and prom testing market size is expected to reach USD 1.3 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 1.8% during the forecast period. Rising incidence of preterm births, increasing geographical reach by market players, high demand for effective diagnosis of preterm births, and advanced drug delivery devices are expected to drive the market. Every year, approximately 15 million babies around the world are born before the 37th week of pregnancy and this number is expected to increase further. Around 1 million children die each year due to complications caused by preterm births. Premature Rupture of Membranes (PROM) causes about 4.5 million preterm births each year, worldwide. Globally, preterm birth is among the most frequent causes of death among neonates within the first month of life. Increasing average age of pregnant women (>35 years of age) has led to an increase in the risk of heath conditions such as high blood pressure and reduced blood flow to the placenta. These issues risk the health of both mother and unborn child and often result in preterm births or neonatal deaths. Even though traditional methods such as Nitrazine and Ferning test make it possible to obtain a negative predictive value (NPV), they have extremely poor positive predictive values for spontaneous deliver. The approval of PartaSure (Parsagen Diagnostics, Inc. and Qiagen) in April 2018 and other improved diagnostic test kits has introduced a highly efficacious yet cost-effective options for PROM testing in symptomatic patients. Access Research Report of Preterm Birth and PROM Testing Market @ https://www.grandviewresearch.com/industry-analysis/preterm-birth-prom-testing-market Further key findings from the report suggest:
Grand View Research has segmented the global preterm birth and PROM testing market based on test type and region: Preterm Birth and PROM Testing Test Type Outlook (Revenue, USD Million, 2014 - 2025)
Preterm Birth and PROM Testing Regional Outlook (Revenue, USD Million, 2014 - 2025)
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