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Global Preterm Birth and PROM Testing Market: Trends, Growth, and Forecast

The global  preterm birth and PROM testing market  size is expected to reach USD 2.45 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.3% from 2023 to 2030. The growing number of pregnant women, leading to an exponential rise in the number of preterm births is anticipated to drive market growth. Furthermore, the rise in the accessibility of POC will further drive the market.   Preterm births are not specific to a particular geography and have been recognized as a worldwide concern. The chance of such complication typically surges with a rising average age of pregnant women. Although over 60% of the births are found in Africa and South Asia. In lower-income nations, approximately 12% of children are born too early compared with 9% in higher-income nations. Within countries, poorer families have higher chances of premature birth. For instance, in India, many low-income states, such as Madhya Pradesh, Utt...

Preterm Birth and PROM Testing Market Growth, Trends, and Forecast 2023-2030

  Preterm Birth And Prom Testing Industry Overview The global preterm birth and PROM testing market size is expected to reach USD 2.45 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.3% from 2023 to 2030. The growing number of pregnant women, leading to an exponential rise in the number of preterm births is anticipated to drive market growth. Furthermore, the rise in the accessibility of POC will further drive the market.   Preterm births are not specific to a particular geography and have been recognized as a worldwide concern. The chance of such complication typically surges with a rising average age of pregnant women. Although over 60% of the births are found in Africa and South Asia. In lower-income nations, approximately 12% of children are born too early compared with 9% in higher-income nations. Within countries, poorer families have higher chances of premature birth. For instance, in Indi...

Preterm Birth And PROM Testing Market will exhibit a CAGR of around 3.0% by 2028

Preterm Birth And PROM Testing Industry Overview The global preterm birth and PROM testing market size was valued at USD 1.6 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 3.0% from 2021 to 2028. This growth can be attributed to the increasing average age of pregnant women, leading to an exponential rise in the number of preterm births. Growing advancements in point-of-care diagnostics are also significantly driving the market. Preterm births are when childbirth occurs before the completion of 37 weeks of pregnancy, and it is a leading cause of death in children. Several factors have been identified for preterm birth. One of the major causes is a delay in pregnancy to the age of 34 and above. Advanced maternal age is a risk factor for unhealthy children and increases the probability of preterm birth. As per a study conducted in the U.S., the youngest and oldest mothers have a high risk of preterm birth. During 2017 to 2019, on average, p...