Australia Non Invasive Prenatal Testing Market Size & Outlook
The non invasive prenatal testing market in Australia is expected to reach a projected revenue of US$ 152.3 million by 2030. A compound annual growth rate of 10.2% is expected of Australia non invasive prenatal testing market from 2024 to 2030.
In terms of revenue, Australia accounted for 1.8% of the global non invasive prenatal testing market in 2023.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Asia Pacific, China non invasive prenatal testing market is projected to lead the regional market in terms of revenue in 2030.
India is the fastest growing regional market in Asia Pacific and is projected to reach USD 247.6 million by 2030.
In Australia, TGA regulates the pricing and reimbursement of IVD products under the Therapeutics Goods Act 1989 and its delegated legislation. The TGA is responsible for assessing, evaluating, and monitoring medicines manufactured and supplied in Australia.
The Australian government launched the Pharmaceutical Benefits Scheme under the National Health Act 1953 to provide different products at subsidized and free of cost to patients. Australia has a codependent submission process to evaluate the medicine and the companion diagnostic products.
For instance, the Medical Services Advisory Committee and Pharmaceutical Benefits Advisory Committee assess individual and combined evidence. Both committees must provide a favorable recommendation for the test to be included on the Medicare Benefits Schedule (MBS) and the medication on the Pharmaceutical Benefits Scheme.
Australia Non Invasive Prenatal Testing Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Non Invasive Prenatal Testing Market Outlook will help companies and investors design strategic landscapes.
13-24 Weeks was the largest segment with a revenue share of 57.25% in 2023.
Horizon Databook has segmented the Australia non invasive prenatal testing market based on 0-12 weeks, 13-24 weeks, 25-36 weeks covering the revenue growth of each sub-segment from 2018 to 2030.
In Australia, TGA regulates the pricing and reimbursement of IVD products under the Therapeutics Goods Act 1989 and its delegated legislation. The TGA is responsible for assessing, evaluating, and monitoring medicines manufactured and supplied in Australia.
The Australian government launched the Pharmaceutical Benefits Scheme under the National Health Act 1953 to provide different products at subsidized and free of cost to patients. Australia has a codependent submission process to evaluate the medicine and the companion diagnostic products.
For instance, the Medical Services Advisory Committee and Pharmaceutical Benefits Advisory Committee assess individual and combined evidence. Both committees must provide a favorable recommendation for the test to be included on the Medicare Benefits Schedule (MBS) and the medication on the Pharmaceutical Benefits Scheme.
Australia Non Invasive Prenatal Testing Market Gestation Period Outlook (Revenue, USD Million , 2018-2030)
0-12 weeks
13-24 weeks
25-36 weeks
Australia Non Invasive Prenatal Testing Market Risk Outlook (Revenue, USD Million , 2018-2030)
High & Average Risk
Low Risk
Australia Non Invasive Prenatal Testing Market Method Outlook (Revenue, USD Million , 2018-2030)
Ultrasound Detection
Biochemical Screening Tests
Cell-Free DNA in Maternal Plasma Tests
Australia Non Invasive Prenatal Testing Market Technology Outlook (Revenue, USD Million , 2018-2030)
NGS
Array Technology
PCR
Others
Australia Non Invasive Prenatal Testing Market Product Outlook (Revenue, USD Million , 2018-2030)
Consumables & Reagents
Instruments
Australia Non Invasive Prenatal Testing Market Application Outlook (Revenue, USD Million , 2018-2030)
Trisomy
Microdeletion Syndrome
Other Applications
Australia Non Invasive Prenatal Testing Market End-use Outlook (Revenue, USD Million , 2018-2030)
Hospitals & Clinics
Diagnostic Laboratories
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia Non Invasive Prenatal Testing Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Australia Non Invasive Prenatal Testing Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Australia Non Invasive Prenatal Testing Market, 2018-2030 (US$M)