Press release
Amniocentesis Needle Market Top Players, Segmentation & Future Trends Analysis till 2032
Amniocentesis is a prenatal diagnostic procedure that involves withdrawing a small amount of amniotic fluid from the sac surrounding the fetus. This procedure is used to diagnose genetic disorders, chromosomal abnormalities, and other conditions that can affect the health of the baby. An amniocentesis needle is a medical device that is used to collect this amniotic fluid for testing. The global amniocentesis needle market is expected to grow in the coming years due to an increase in the number of pregnancies and advancements in technology.Amniocentesis Needle Market Size And Forecast
Amniocentesis Needle Market size was valued at USD 167.91 Million in 2021 and is projected to reach USD 213.41 Million by 2030, growing at a CAGR of 2.7% from 2023 to 2032.
The Amniocentesis Needle Market is anticipated to be driven over the upcoming years by the surge in pregnancy rates, high adoption and acceptance of diagnostic tests in established markets, and the increasing prevalence of middle-aged motherhood rates. The global amniocentesis needle market report provides a thorough analysis of the industry. Key market segments, trends, drivers, restraints, the competitive environment, and other crucial factors are all thoroughly examined in the study.
The amniocentesis needle market can be segmented based on type, application, end-user, and region. Based on type, the market can be divided into disposable and reusable needles. Disposable needles are expected to hold the largest share of the market due to their cost-effectiveness and the prevention of the risk of infection. Based on application, the market can be segmented into genetic testing, fetal lung maturity testing, and others. Genetic testing is expected to hold the largest share of the market due to an increase in the prevalence of genetic disorders. Based on end-user, the market can be divided into hospitals, clinics, and diagnostic centers.
Regionally, the global amniocentesis needle market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global market in 2020 due to the increasing number of pregnancies and the presence of major market players in the region. Asia Pacific is expected to witness the highest CAGR during the forecast period due to the rise in the adoption of advanced medical technologies and an increase in the number of hospitals and diagnostic centers.
Global Amniocentesis Needle Market Definition
Amniocentesis, also referred to as AFT or amniotic fluid testing, is a prenatal operation. It is done to look for chromosomal issues and prenatal illnesses. Additionally, it is used to determine sex. Amniotic fluid, which includes fetal tissues, is extracted from the sac that surrounds the developing embryo during a procedure known as amniocentesis. The amniotic fluid contains cells and other components that can demonstrate the wellbeing of a fetus.
An amniocentesis needle is used to precisely extract amniotic fluid. This needle is clean and only intended for one use. When used with ultrasound guidance, the spiral etching on the head of an amniocentesis needle offers great visibility. To remove amniotic fluid, this syringe is inserted into the amniotic sac far from the fetus and the placenta.
Global Amniocentesis Needle Market Overview
Over the upcoming years, the amniocentesis market is anticipated to be driven by the rise in pregnancy rates and the high adoption and approval of diagnostic tests in developed markets. Additionally, a high success rate for amniocentesis procedures and a rising preference for minimally invasive diagnostic procedures are expected to boost the market in the upcoming years. Additionally, it is anticipated that the heavy burden of congenital disorders and the increasing prevalence of middle-aged motherhood rates will fuel the market during the anticipated period.
There are some limitations and difficulties that can impede market expansion. Amniocentesis consequences like fetal injuries, excruciating uterine cramping, redness, high temperature, inflammation, and infection at the site of the needle puncture are likely to act as restraints. Additionally, the high cost of the procedure, fierce rivalry between the market's current players, the lack of readily available diagnostic tools, and the lack of knowledge of amniocentesis methods among the rural population may restrain market expansion.
Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Amniocentesis Needle manufacturers, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Amniocentesis Needle market covering all its essential aspects.
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Global Amniocentesis Needle Market: Segmentations
Global Amniocentesis Needle Market: By Key Players
Medtronic
Becton, Dickinson and Company
Coopersurgical
Integra Lifesciences
Smiths Medical
Medline
Cook Medical
Laboratoire Ccd
Biopsybell
Ri.Mos.
Tsunami Medical
Rocket Medical
Global Amniocentesis Needle Market: By Types
100-150 mm Needles
Larger Than 150 mm Needles
Smaller Than 100 mm Needles
Global Amniocentesis Needle Market: By Applications
Hospitals
Diagnostic Centers
Clinics
Global Amniocentesis Needle Market: Regional Analysis
The countries covered in the regional analysis of the Global Amniocentesis Needle market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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An Overview of the Impact of COVID-19 on Market: The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic. We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Conclusion:
The global amniocentesis needle market is expected to grow significantly in the coming years due to an increase in the number of pregnancies, advancements in medical technology, and an increase in the prevalence of genetic disorders. The rise in disposable income and an increase in healthcare expenditure in developing countries is also expected to boost the market growth. The market is highly competitive, with major players focusing on various strategies to enhance their market position.
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
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