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Global Amniocentesis Needles Market Production, Trends, Price, Revenue, Share, Growth and Forecast Until 2026
Fact.MR
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Increase in complicated cases among the pregnant women due to prevalence of various diseases such as diabetes has further led to a surge in demand for the amniocentesis needles in the healthcare industry. Demand for amniocentesis needles will also continue to rev up attributed to growing need for conducting cytogenetic and biochemical research studies.
Global Amniocentesis Needles Market to Bring in Nearly US$ 180 Mn By 2026-End
Fact.MR states that the global amniocentesis needles market is projected to reach a value of around US$ 180 Mn by 2026-end. As the need to eliminate excessive amniotic acid among the pregnant women persists, demand for amniocentesis needles will continue to remain high. In addition, increasing number of complications during pregnancy such as RH incompatibility and twin-to-twin transfusion has led to a surge in demand for the amniocentesis needles. Babies among pregnant women swallow amniotic fluid as a practice for real-life breathing. Prevalence of gestational diabetes and placental tumor results in excess of amniotic fluid, which is swallowed by the babies. This could lead to health complications among the babies. With the growing need to ensure sufficient consumption and maintain balance of the amniotic fluid during the developmental phase by the babies has led to a surge in demand for the amniocentesis needles in the healthcare industries. In addition, growing need to check the health conditions and gender of the babies has also led the doctors to conduct amniocentesis among the pregnant women.
Growing need to remove excessive amniotic fluid among the women patients who are pregnant has led to a surge in demand for the amniocentesis needles of 100 to 150 mm length. The 100-150 mm length amniocentesis needle is projected to witness the significant revenue growth in the global market by 2026-end. However, amniocentesis needles that are larger than 150 mm length will continue to witness the fastest growth in the global market.
Prevalence of Diabetes to Rev Up Demand
Growing need to check for infections, birth defects, genetic problems and lung development has led to surge in demand for the amniocentesis needles globally. Prevalence of diabetes among the pregnant women can further lead to excessive buildup of amniotic fluid. According to CDC, 2% to 10% of pregnancies in the U.S. is effected by gestational diabetes every year. Prevalence of diabetes among the pregnant women and increasing level of blood glucose has led to the growing need for removing excessive fluid from around the baby. Instances of miscarriage, vaginal bleeding, and infection to the baby and leaking amniotic fluid has further led to surge in demand for transabdominal sampling of the amniotic fluid.
Investment in Research to Impact Global Market Growth
Increasing demand for conducting biochemical and cytogenetic research studies is further expected to contribute towards growth of the global amniocentesis needle market. Surge in private and government investment in order to upgrade and develop clinics and hospitals has led to increasing number of research and development. Growing investment in research and development for upgrading the clinics and hospitals is expected to contribute towards growth of the global amniocentesis needle market throughout the forecast period.
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Amniocentesis Procedure to Represent a Leading Segment
Growing need to remove excessive amniotic needle has led to surge in demand for amniocentesis needle of 100 - 150 mm length. On the basis of size, the 100 - 150 mm segment is expected to represent the highest revenue growth, accounting for a value of over US$ 30 Mn by the end of 2026. In contrary, the larger than 150 mm size segment is expected to register a significant CAGR throughout the forecast period.
Based on end users, the hospitals segment is expected to witness a significant revenue growth, recording for a value of over US$ 26 Mn by the end of 2017. On the other hand, the other end users segment is expected to register a robust CAGR during the forecast period.
By procedure, the amniocentesis segment is expected to generate significant revenues, accounting for a value of over US$ 20 Mn by the end of 2026. However, the cordocentesis procedure segment is expected to register the highest CAGR throughout the forecast period.
Competitive Landscape
Leading market players operating in the global amniocentesis needle market include Medtronic Plc, Cook Medical Inc., Becton, Dickinson and Company, CooperSurgical Inc., Integra Lifesciences Holdings Corporation, Smiths Group Plc, Cardinal Health, Rocket Medical Plc, Tsunami Medical and LabIVF.
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Healthcare Market Research Reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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