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...