Global Amniocentesis Needle Market Size, Share, Opportunities, And Trends By Needle Type (Smaller Than 100 Mm Needles, 100–150 Mm Needles, Larger Than 150 Mm Needles), By End-User Industry (Hospitals, Diagnostic Centers, Clinics), And By Geography - Forecasts From 2024 To 2029
- Published : May 2024
- Report Code : KSI061611773
- Pages : 122
The amniocentesis needle market is projected to grow at a CAGR of 2.07%, from US$186.320 million in 2022 to US$214.857 million in 2029 during the forecast period.
The amniocentesis needle is a medical equipment that is used for performing complex diagnostic procedures on pregnant patients. This medical procedure, which is for prenatal diagnosis, is used to inject the needle carefully into the abdomen of pregnant ladies. The needles going through can be visually seen on the ultrasound device of the medical professional who is performing this complex procedure throughout the process. This amniocentesis needle is physically long and thin, which is needed for precision in the procedure and is used on pregnant ladies to extract the amniotic fluids from the uterus that surround the fetus present inside the uterus.
The amniocentesis needle is placed carefully on the abdominal wall and then inserted, which then goes through the uterus to extract the amniotic fluids needed for the prenatal test. This process requires the utmost precision, accuracy, and safety, which is why this procedure is always performed using the guidance of the ultrasound transducer that provides visualization to the professional performing the procedure of the needle going through the abdomen and then to the uterus.
The amniocentesis needle is an essential part of the procedure, along with sterile syringes to collect the amniotic fluids and body disinfectant like betadine while performing the procedure carefully. The constant growth and innovations in medical equipment to provide safe and reliable procedures are driving the market demand.
INTRODUCTION:
The amniocentesis needle market is driven by the growing number of pregnancies across the globe with the rising global population. In countries like China and India, where population is the highest and population growth is prominent, the amniocentesis needle market is expected to grow significantly due to this factor. Amniocentesis helps pregnant ladies or parents to be in different aspects of fetus health, from diagnosing genetic abnormalities like Down syndrome to determining the gender or sex of the fetus.
These needles provide effective and efficient prenatal diagnosis procedures for pregnant ladies and fetuses. There is growing awareness among the general public for taking these prenatal tests during pregnancy to keep the fetus healthy and catch any problem, if there is one, in the fetus early to remove it as soon as possible.
Moreover, the rising need for precise and accurate medical equipment by medical professionals to perform delicate and complex medical procedures like amniocentesis is making medical equipment manufacturers make these precise and accurate amniocentesis needles. The developments in medical science and technologies in developed countries across the globe are making the general public trust more in these medical procedures and diagnostics for leading healthy lifestyles for themselves and for the fetus's health. This is further coupled with heavy investments from the government in medical science or healthcare research and development process which increases the demand for amniocentesis needles in the market significantly over the forecast period.
AMNIOCENTESIS NEEDLE MARKET DRIVERS:
- Growth in late motherhood and fetus abnormalities is predicted to propel the market.
The demand for advanced medical technology for pregnant ladies and fetus health has seen significant growth over the years with the proportional growth of late motherhood and fetus health problems among the general public worldwide. The amniocentesis procedure has several benefits for diagnosing the fetus abnormalities at an early stage and helping in providing appropriate solutions for that abnormality, which is why they are being widely promoted and developed in high-quality by major players in the market that develop medical devices with an increase in consumer awareness and trust in these medical procedures.
Amniocentesis needles are an essential part of the amniocentesis medical procedure, and with the growing demand for this procedure among people, the demand for amniocentesis needles is anticipated to grow proportionally during the forecast period.
- The growing advancements in medical devices and technology are projected to drive the amniocentesis needle market.
The advancements in medical equipment and devices have seen significant growth with the proportional growth in technology worldwide. The major medical research centers are spending and investing heavily in the research and development of these medical devices to make them safer and more reliable to use during complex medical procedures. Several governments worldwide are also investing in the healthcare sector to improve the health of the people in their countries.
These factors are contributing to making amniocentesis needles safer and more reliable and are being adopted and trusted by different medical professionals worldwide. This further increases the trust in the general public in this amniocentesis diagnostic procedure, which is anticipated to propel growth in the amniocentesis needle market. For instance, in India, the diagnostics industry was valued at $4 billion in 2020.
AMNIOCENTESIS NEEDLE MARKET RESTRAINT:
- The market faces restraints due to high costs and cases of fetus injury
The amniocentesis needle market, despite having an important role in providing a precise, safe, and reliable amniocentesis diagnosis procedure for pregnant ladies who are carrying a fetus in their uterus, can lead to various challenges that can be faced by the manufacturers of these amniocentesis needles that may impact the amniocentesis needles market negatively over the forecast period.
For instance, the growth in medical science and technological improvements has made this kind of amniocentesis procedure very costly for some general public, making them think before spending money on these procedures, which in turn might affect the demand for amniocentesis needles negatively. Moreover, the increasing cases of fetus injury using these amniocentesis needles are leading to parents avoiding these procedures, which is further anticipated to negatively affect the amniocentesis market over the forecast period.
AMNIOCENTESIS NEEDLE MARKET – GEOGRAPHICAL OUTLOOK
- The growth is projected to be prominent in the North American region.
The North American region is expected to show major growth in the amniocentesis needle market due to the rapid growth in medical science and healthcare systems in the region with developed countries like Canada and the USA that have several key players manufacturing high-quality medical equipment. This rise in the development and innovation of medical equipment in the region is leading to the growth in the trust of the general public in diagnostic procedures like amniocentesis and products like amniocentesis needles.
The growing rate of delayed childbirth and late motherhood in the North American region is also a major contributing factor to the growth in demand for the amniocentesis needle market in the region. Late motherhood leads to a higher risk of the fetus getting some abnormalities or genetic disorders during the birth so, this amniocentesis procedure helps in the diagnosis of diseases. Hence, the growth in these factors is expected to fuel the amniocentesis market in the North American region.
Products Offered:
Cook Medical Incorporated: The disposable EchoTip amniocentesis needle enhances the visualization for the user when used with an ultrasound machine for the amniocentesis procedure.
Biopsybell Medical: The Chibell needle can be used for several prenatal diagnoses, including the amniocentesis medical procedure, with enhanced features that make the procedure more reliable and safer.
Amniocentesis Needle Market Scope:
Report Metric | Details |
Market Size Value in 2022 | US$186.320 million |
Market Size Value in 2029 | US$214.857 million |
Growth Rate | CAGR of 2.07% |
Study Period | 2019 to 2029 |
Historical Data | 2019 to 2022 |
Base Year | 2023 |
Forecast Period | 2024 – 2029 |
Forecast Unit (Value) | USD Million |
Segments Covered |
|
Companies Covered |
|
Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Customization Scope | Free report customization with purchase |
The Amniocentesis Market is segmented and analyzed as:
- By Needle Type
- Smaller Than 100 mm Needles
- 100–150 mm Needles
- Larger Than 150 mm Needles
- By End-User
- Hospitals
- Diagnostic Centers
- Clinics
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- UK
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- India
- Japan
- South Korea
- Taiwan
- Thailand
- Indonesia
- Others
- North America
Frequently Asked Questions (FAQs)
The amniocentesis needle market is projected to reach a total market size of US$214.857 million by 2029.
Amniocentesis Needle Market was valued at US$186.320 million in 2022.
The global amniocentesis needle market is projected to grow at a CAGR of 2.07% over the forecast period.
The amniocentesis needle market is driven by the growing number of pregnancies across the globe with the rising global population.
North America is projected to account for a significant share of the amniocentesis needle market.
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key Benefits to the Stakeholder
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Processes
3. EXECUTIVE SUMMARY
3.1. Key Findings
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
4.5. Analyst View
5. AMNIOCENTESIS NEEDLE MARKET BY NEEDLE TYPE
5.1. Introduction
5.2. Smaller Than 100 mm Needles
5.2.1. Market Trends and Opportunities
5.2.2. Growth Prospects
5.3. 100–150 mm Needles
5.3.1. Market Trends and Opportunities
5.3.2. Growth Prospects
5.4. Larger Than 150 mm Needles
5.4.1. Market Trends and Opportunities
5.4.2. Growth Prospects
6. AMNIOCENTESIS NEEDLE MARKET BY END-USER
6.1. Introduction
6.2. Hospitals
6.2.1. Market Trends and Opportunities
6.2.2. Growth Prospects
6.3. Diagnostic Centers
6.3.1. Market Trends and Opportunities
6.3.2. Growth Prospects
6.4. Clinics
6.4.1. Market Trends and Opportunities
6.4.2. Growth Prospects
7. AMNIOCENTESIS NEEDLE MARKET BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. USA
7.2.1.1. Market Trends and Opportunities
7.2.1.2. Growth Prospects
7.2.2. Canada
7.2.2.1. Market Trends and Opportunities
7.2.2.2. Growth Prospects
7.2.3. Mexico
7.2.3.1. Market Trends and Opportunities
7.2.3.2. Growth Prospects
7.3. South America
7.3.1. Brazil
7.3.1.1. Market Trends and Opportunities
7.3.1.2. Growth Prospects
7.3.2. Argentina
7.3.2.1. Market Trends and Opportunities
7.3.2.2. Growth Prospects
7.3.3. Others
7.3.3.1. Market Trends and Opportunities
7.3.3.2. Growth Prospects
7.4. Europe
7.4.1. Germany
7.4.1.1. Market Trends and Opportunities
7.4.1.2. Growth Prospects
7.4.2. France
7.4.2.1. Market Trends and Opportunities
7.4.2.2. Growth Prospects
7.4.3. UK
7.4.3.1. Market Trends and Opportunities
7.4.3.2. Growth Prospects
7.4.4. Others
7.4.4.1. Market Trends and Opportunities
7.4.4.2. Growth Prospects
7.5. Middle East and Africa
7.5.1. Saudi Arabia
7.5.1.1. Market Trends and Opportunities
7.5.1.2. Growth Prospects
7.5.2. UAE
7.5.2.1. Market Trends and Opportunities
7.5.2.2. Growth Prospects
7.5.3. Others
7.5.3.1. Market Trends and Opportunities
7.5.3.2. Growth Prospects
7.6. Asia Pacific
7.6.1. China
7.6.1.1. Market Trends and Opportunities
7.6.1.2. Growth Prospects
7.6.2. India
7.6.2.1. Market Trends and Opportunities
7.6.2.2. Growth Prospects
7.6.3. Japan
7.6.3.1. Market Trends and Opportunities
7.6.3.2. Growth Prospects
7.6.4. South Korea
7.6.4.1. Market Trends and Opportunities
7.6.4.2. Growth Prospects
7.6.5. Taiwan
7.6.5.1. Market Trends and Opportunities
7.6.5.2. Growth Prospects
7.6.6. Thailand
7.6.6.1. Market Trends and Opportunities
7.6.6.2. Growth Prospects
7.6.7. Indonesia
7.6.7.1. Market Trends and Opportunities
7.6.7.2. Growth Prospects
7.6.8. Others
7.6.8.1. Market Trends and Opportunities
7.6.8.2. Growth Prospects
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Market Share Analysis
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Competitive Dashboard
9. COMPANY PROFILES
9.1. Cook Medical Incorporated
9.2. RI.MOS. Medical Products
9.3. Medline Industries Inc.
9.4. Biopsybell
9.5. Cooper Surgical
9.6. Germanos Medicals
9.7. Obex Medical
9.8. Science Equip Ltd.
Cook Medical Incorporated
RI.MOS. Medical Products
Medline Industries Inc.
Biopsybell
Germanos Medicals
Obex Medical
Science Equip Ltd.
Related Reports
Report Name | Published Month | Download Sample |
---|---|---|
Microneedle Drug Delivery System Market: Trends, Forecast 2030 | Dec 2024 | |
Special Purpose Needles Market Size & Share: Report, 2024-2029 | May 2024 | |
Hypodermic Needle Market Size & Share: Industry Report, 2024-2029 | May 2024 | |
Safety Needles Market Size & Share: Industry Report, 2024-2029 | Apr 2024 | |
Pen Needle Market Report: Size, Share, Trends, Forecast 2030 | Dec 2024 |