The global amniocentesis needles market is valued at USD 161.1 million in 2019, growing at a CAGR of 3.4%. Increase in pregnancy rate, rising burden of congenital disorders coupled with success of amniocentesis are major factors driving the global amniocentesis needles market.
Adroit Market Research study on the global market for amniocentesis needles offers a holistic view of the industry from 2020 to 2028 as forecast period, including factors such as market drivers, limitations, opportunities, challenges and regulatory overview. The market has been analyzed from 2018 to 2028, with a base year estimate of 2019 and a projection from 2021 to 2028. The report covers the current status and potential characteristics of the market at both the global and the country level. Moreover, the report also assesses market competition with Porter's analysis of five strengths and places leading players on the basis of their product range, regional presence, strategic initiatives and overall sales. Prominent players operating in the global amniocentesis needles market have been studied in detail.
Amniocentesis is a prenatal test that involves removing a small volume of amniotic fluid from the sac containing the fetus. The procedure is used to identify genetic abnormalities, genetic defects, and neural tube defects. Amniocentesis needles are used for sampling the amniotic fluid. There are various types of needles available for amniocentesis ranging from 20-gauge to 22 gauge. Rise in prevalence of congenital disorders is major factor driving the global amniocentesis needles market. Moreover, increase in pregnancy rate and high reliability of amniocentesis procedure is expected for robust market expansion of the market in the coming few years. High cost of amniocentesis procedure, fetal injuries and lack of awareness about amniocentesis technique in developing regions are anticipated to hamper the growth of the market during the forecast period.
The global amniocentesis needles market has been segmented based on type, application, end-user, and region. On the basis of type, the amniocentesis needles market is segmented into 100 to 150 mm needles, smaller than 100 mm needles, and larger than 150 mm needles. 100 to 150 mm needles segment held majority of the market share in 2019. 100 to 150 mm needles are widely used owing to their optimal length and suitability of use for most patients. On the basis on application, the global amniocentesis needles market is categorized into amniocentesis procedures, amnioreduction procedures, fetal blood transfusion procedures, amnioinfusion procedures, and cordocentesis procedures. On the basis of end-user, the global amniocentesis needles market is segregated into hospitals, diagnostic centers, clinics and others. Hospitals segment dominated the global amniocentesis needles in 2019 owing to easy accessibility and availability of rapid test results in these facilities.
North America held substantial share of the global amniocentesis needles market in 2019. Adoption of advanced technology, high awareness along with large volume of amniocentesis procedures performed in the U.S. are key factors likely to drive the growth of the market in the next few years. Asia Pacific is anticipated to create immense growth opportunities in the future. Surging population, growing disposable income and increase in awareness in emerging countries such as India and China are factors expected to drive the growth of the market in the region.
Major players operating in the global amniocentesis needles market include Medtronic plc, Cooper Surgical, Becton, Dickinson & Company, Integra Life Sciences, Smiths Medical, Medline Industries, Cook Medical, and Biopsybell S.R.L. among others.
Key Segments of the Global Amniocentesis Needles Market
Type Overview, 2018-2028 (USD Million)
- 100 to 150 mm needles
- Smaller than 100 mm needles
- Larger than 150 mm needles
Application Overview, 2018-2028 (USD Million)
- Fetal Blood Transfusion
End-users Overview, 2018-2028 (USD Million)
- Diagnostic Centers
Regional Overview, 2018-2028 (USD Million)
- North America
- United Kingdom
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East & Africa