Press release
Rising Production Rate Across Amniocentesis Needle Market Impacts Growth until 2022 Key Players- , CooperSurgical Inc., Integra Lifesciences Holdings Corporation, Smiths Group Plc, Cardinal Health, Rocket Medical Plc, Tsunami Medical and LabIVF.
Demand for the amniocentesis needles is expected to gain momentum attributed to growing need for removing excessive amniotic fluid from around the baby. Excessive amniotic fluid during pregnancy leads to increasing risks of complication. In addition, growing number of complications during pregnancy such as twin-to-twin transfusion, diabetes, and RH incompatibility will continue to impact growth of the global amniocentesis market positively.prevalence of various diseases such as diabetes among the pregnant women is projected to impact the global market growth of amniocentesis needle positively. Fact.MR states that the Amniocentesis Needle Market is projected to reflect a CAGR of 2.4% over the forecast period.
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The Fact.MR report provides segment-wise analysis and forecast for covering the wide scope of global amniocentesis needle market. Size, end user, procedure, and region are key segments that define the growth of the global market for amniocentesis needle. In this segmentation analysis, a detailed country-wise forecast across all key market parameters is also included.
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.
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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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The report shows updates about market opportunities, which can benefit leading manufacturers of amniocentesis needle. With continuous evolution of the healthcare sector, keeping a record of latest developments and trends is fundamental for amniocentesis needle manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, regulatory approvals, pricing analysis, list of distributors, and cost structure are provided in this section.
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