Global Amniocentesis Needle Market By Type (100 –150 mm Needles, Larger Than 150 mm Needles and Smaller Than 100 mm Needles), Procedure (Amniocentesis Procedures, Amnioreduction Procedures, Foetal Blood Transfusion Procedures, Amnioinfusion Procedures and Cordocentesis Procedures), End User (Hospitals, Diagnostic Centres, Clinics and Other End Users), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Data Bridge Market Research analyses that the amniocentesis needle market will exhibit a CAGR of around 3.86% for the forecast period of 2021-2028. High amniocentesis reliability, complications associated with congenital disorders, increased focus on research and development proficiencies in regards to medical devices and on the adoption of advanced healthcare technologies and rising expenditure on the healthcare infrastructure development especially in the developing economies are the major factors attributable to the growth of amniocentesis needle market.
Amniocentesis is a prenatal test that is used for the diagnosis of chromosomal abnormalities and infection in fetus. Also known as amniotic fluid test, amniocentesis is used for the determination of sex. In this test, a small quantity i.e. 30 cubic centimeters of fluid is collected from the womb. This in turn is used to diagnose any genetic disorders in the babies. The end of amniocentesis needles are made out of a spiral structure for transparency in ultrasound.
The upsurge in the prevalence of genetic disorders globally are the major factors fostering the growth of the market. Rising focus on the healthcare technological advancements for the development of new and advanced products coupled with rising demand of minimally invasive surgeries is another market growth determinant. Rising research and development proficiencies, ever-rising pregnant population and increasing personal disposable income will further generate lucrative market growth opportunities.
However, high procedural cost will further derail the market growth rate. Unfavourable reimbursement scenario and lack of awareness in the developing and underdeveloped economies will further pose challenges for the market. Also, low availability of advanced diagnostic equipment in backward economies will also hamper the market growth rate.
This amniocentesis needle market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on amniocentesis needle market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Amniocentesis Needle Market Scope and Market Size
The amniocentesis needle market is segmented on the basis of type, procedure and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- The global amniocentesis needle market is segmented on the basis of type into 100 –150 mm needles, larger than 150 mm needles and smaller than 100 mm needles.
- On the basis of procedure, the amniocentesis needle market is segmented into amniocentesis procedures, amnioreduction procedures, foetal blood transfusion procedures, amnioinfusion procedures and cordocentesis procedures.
- On the basis of end user, the amniocentesis needle market is segmented into hospitals, diagnostic centres, clinics and other end users.
Amniocentesis Needle Market Country Level Analysis
The amniocentesis needle market is analysed and market size insights and trends are provided by country, type, procedure and end user as referenced above.
The countries covered in the amniocentesis needle market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, 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), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the amniocentesis needle market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is because of the prevailing advanced healthcare technologies, supportive government policies, surge in the number of amniocentesis procedures and prevalence of favourable policies. Asia-Pacific on the other hand is projected to exhibit the highest growth rate during the forecast period owing to ever-rising birth rate and increased expenditure for the development of healthcare infrastructure.
The country section of the amniocentesis needle market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth installed base and new technology penetration
The amniocentesis needle market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for amniocentesis needle market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the amniocentesis needle market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Amniocentesis Needle Market Share Analysis
The amniocentesis needle market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to amniocentesis needle market.
The major players covered in the amniocentesis needle market report are Cook, Medtronic, BD, CooperSurgical, Inc., RI.MOS. srl, Integra LifeSciences Corporation., Smiths Group plc, Medline Industries, Inc., BPB medica- Biopsybell, Tsunami Medical Srl, Rocket Medical plc., LabIVF Asia Pte Ltd., MDL SRL., Zamar Care, Möller Medical GmbH, ARGON MEDICAL., AngioDynamics., Teleflex Incorporated, Penumbra, Inc. and Terumo Corporation among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.