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...