Press release
Amniocentesis Needles Market is expected to witness high demand on Productivity of Market till 2028
Amniocentesis Needles Market: An in-depth analysis of statistics on current and emerging trends provides clarity regarding Amniocentesis Needles Market dynamics. The report includes Porter's five forces to analyze the importance of various characteristics such as understanding of suppliers and customers, risks posed by various agents, competitive strength, and promising emerging businessmen to understand a resource. Precious. Further, the report covers the research data of various companies, benefit, gross margin, global market strategic decisions, and more through tables, graphs, infographics, and figures.The PDF for the study can be requested using the following link: https://www.coherentmarketinsights.com/insight/request-pdf/2624
Overview
Amniocentesis needles are made for perceptible sampling of infant diagnosis before birth. One centimeter of spiral grooving on the distal tip usually provides a translucent uppermost periphery for better visibility, and can be tracked using ultrasound. Suppliers of amniocentesis needles are mostly focused on developing compact needles that are both sterile and easy to use in order to prevent risks during the treatment. As per a 2016 study from the ISUOG (International Society of Ultrasound in Obstetrics and Gynecology), the safest way is to implant a 20-22 gauge needle trans-abdominally under continuous ultrasound supervision, which is deemed the simplest approach and may not affect the fetus or the mother. Cook Medicals' amniocentesis needles product range includes eight different types of amniocentesis needles that are precisely designed according to ISUOG guidelines.
Key players / companies: Becton, Dickinson and Company, Biopsybell S.R.L., Cook Medical Inc, CooperSurgical Inc., Integra Lifesciences, Laboratoire CCD, Medline Industries Inc., Medtronic Plc, RI.MOS. S.R.L., Rocket Medical Plc., Smiths Medical Inc., and Tsunami Medical S.R.L.
Drivers
The global amniocentesis needle market is being driven by the rising rate of childbirth. The rising rate of gestation necessitates prenatal diagnosis to determine the child's well-being. The amniocentesis procedure provides all details about the fetus, including anatomy, genetic abnormalities, and blood disorders. According to the Centers for Disease Control and Prevention, 3.9 million live births occurred in the United States in 2017. Due to mergers and acquisitions among major amniocentesis needle manufacturers, the global amniocentesis needle market is expected to grow.
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To maximize their market share, top brands are purchasing product portfolios from other companies. Cooper Surgical acquired Genesis Genetics in April 2016, a genetics laboratory that specializes in pre-implantation genetic screening PGS (pre-implantation genetic diagnosis) and (PGD) for IVF (in-vitro fertilization). Cooper Surgical is constantly expanding its portfolio of women's health services. Wallace, the IVF segment of Smiths Medical, a subsidiary of Smiths Group plc, was purchased by Cooper Surgical in November 2016 for a purchasing price of about US $168 million to boost its product line and takeover premier drugs for women's health.
Browse 29 Market Data Tables and 17 Figures spread through 166 Pages and in-depth TOC on "Global Amniocentesis Needles Market, By End User (Clinics, Hospitals, and Diagnostic Centers), By Application (Cordocentesis, Amniocentesis, Amnioinfusion, Fetal Blood Transfusion, and Amnioreduction), By Product Type (Larger Than 150 mm, 100mm to 150mm, and Smaller Than 100 mm), and By Region (North America, Asia Pacific, Europe, Latin America, Middle East, and Africa) - Global Forecast to 2026"
Key Takeaways
Due to the rising rate of childbirth and acquisitions to broaden product portfolios, the global amniocentesis needles market is projected to grow at a CAGR of 3.8 percent during the forecast period (2019–2026).
In terms of product class, the 100 to 150 mm segment is projected to account for the majority of sales in 2026. The 100 to 150 mm segments are manufactured by the majority of firms since this needle size is precise and follows ISUOG guidelines. This size is in high demand in hospitals and clinics because it is the best size for an amniocentesis procedure in a normal-weight pregnant woman. Cook Medical's EchoTip Disposable Amniocentesis Needles come in lengths ranging from 150mm to 200mm, with needle gauges ranging from 20 to 22.
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Reasons to Purchase this Report
• Current and future of global Amniocentesis Needles Market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
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