Amniocentesis Needle Market: Amniocentesis Procedure to Represent a Leading Segment

Posted on 2019-04-08 by Mark Hub in Healthcare // 0 Comments

Often performed to decide if the fetus is afflicted with a genetic condition such as Down syndrome—chromosomal abnormality— health care provider recommend for a diagnostic test, amniocentesis. The use of amniocentesis has shored up as it also aids physician in determining the seriousness of fetal anemia in babies with Rh disease, helping physician decide if the fetus needs blood transfusions. Amniocentesis test also looks for neural tube defects (spina bifida) and genetic disorders (such as cystic fibrosis). The popularity of amniocentesis has further risen given it provides access to DNA for paternity testing before delivery.

Given after performing amniocentesis test and confirming the diagnosis, individual or couples may pursue intervention which may exist, begin working on anticipated lifestyle changes and start planning for child with special needs, the demand for amniocentesis test has revved up, in turn, fueling the growth of amniocentesis needle in the market.

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Even though amniocentesis is regarded as a safe procedure, it is known as an invasive diagnostic test which signifies the potential risks. The side effects related to amniocentesis test may lead to miscarriage due to water breaking or infection in the uterus. Although rare, the possibility of needle to come in contact with the baby can’t be overlooked. As such, the use of sonogram to guide the needle away from baby, in turn, has surged.

Amniocentesis Needle Market: Overview

The report provides a thorough analysis on the market for amniocentesis needle for the assessment period 2018-2026. The report also delves into the dynamics surrounding the amniocentesis needle which have considerable impact in the development of the market.

Furthermore, the report elucidates the segregation of the market which is anticipated to provide readers with an actionable insights which will aid them in taking proper decision based on segments historical and future growth estimates. The report also includes analysis on risk of miscarriage owing to amniocentesis test and offers an actionable comparison of amniocentesis with other pre-natal diagnostic procedures.

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Investment in Research to Impact Global Market Growth

Increasing demand for conducting biochemical and cytogenetic research studies is further expected to contribute towards growth of the global amniocentesis needle market. Surge in private and government investment in order to upgrade and develop clinics and hospitals has led to increasing number of research and development. Growing investment in research and development for upgrading the clinics and hospitals is expected to contribute towards growth of the global amniocentesis needle market throughout the forecast period.

The report focuses on cost structure and supply chain to provide a comprehensive view of the amniocentesis needle market. The report also includes disease epidemiology and technology roadmap along with product lifecycle. Further, PESTLE analysis gives overall picture of the amniocentesis needle market. The report provides a coherent assessment through average pricing analysis. The report also includes regional and country-wise assessment.

Amniocentesis Procedure to Represent a Leading Segmention

Growing need to remove excessive amniotic needle has led to surge in demand for amniocentesis needle of 100 – 150 mm length. On the basis of size, the 100 – 150 mm segment is expected to represent the highest revenue growth, accounting for a value of over US$ 30 Mn by the end of 2026. In contrary, the larger than 150 mm size segment is expected to register a significant CAGR throughout the forecast period.

Based on end users, the hospitals segment is expected to witness a significant revenue growth, recording for a value of over US$ 26 Mn by the end of 2017. On the other hand, the other end users segment is expected to register a robust CAGR during the forecast period.

By procedure, the amniocentesis segment is expected to generate significant revenues, accounting for a value of over US$ 20 Mn by the end of 2026. However, the cordocentesis procedure segment is expected to register the highest CAGR throughout the forecast period.

A qualitative and quantitative information has been obtained for the forecast and assessment on the amniocentesis needle market. The research sources include primary and secondary sources which have been further examined by in-house panel of experts. The growth of end use industries in the historical and forecast period have been estimated to aid the readers with their business investment decisions. The market size of the amniocentesis needle is the result of revenue comparison, market share comparison and Y-o-Y growth comparison on the geography.

Amniocentesis Needle Market: Competitive Landscape

Leading market players being instrumental for the growth of the amniocentesis needle market are profiled and assessed on the basis of company overview, financial overview, product offering, recent development, key differentiators and strategies. The report also includes SWOT analysis to provide a holistic picture of the competitive scenario of the amniocentesis needle market. A deep dive analysis of the major market players becomes indispensable as it will succor readers to make proper decision to enlarge their business and can comprehend strategic moves made by prominent players in the amniocentesis needle market.

Leading market players operating in the global amniocentesis needle market include Medtronic Plc, Cook Medical Inc., Becton, Dickinson and Company, CooperSurgical Inc., Integra Lifesciences Holdings Corporation, Smiths Group Plc, Cardinal Health, Rocket Medical Plc, Tsunami Medical and LabIVF.

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