Amniocentesis Needle Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 5.40 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Amniocentesis Needle Market Analysis
The market for amniocentesis is expected to grow steadily over the forecast period. Certain factors that are responsible for the growth of this market are the growing median age of first-time motherhood, the increasing burden of the congenital diseases, and the high reliability of people on amniocentesis.
Amniocentesis is almost 99.4% accurate and this test determines if the baby in the womb has any genetic or chromosomal abnormalities. The test can identify many genetic disorders, such as Down syndrome, Edward's syndrome, Tay-Sachs disease, Huntington's disease, sickle cell disease, and cystic fibrosis. It can provide the information needed to diagnosis these complications in the fetus. Due to the high reliability of the test, its adoption is good across several healthcare facilities, therefore the market is expected to expand over the forecast period.
Amniocentesis Needle Market Trends
This section covers the major market trends shaping the Amniocentesis Needle Market according to our research experts:
Amniocentesis Procedure is Expected to Show Steady Growth Over the Forecast Period
Rising concern about genetic disorders is the major factor responsible for the growing number of procedures. Various studies have been conducted by organizations such as the National Institute of Health (NIH) to understand the risks associated with amniocentesis procedure and the challenges during the same. Studies have revealed that the occurrence of early abortion after amniocentesis is a major risk and its prevalence is around 10%. However, the technical advancements in the needles, and the focus of medical professionals on the safety of the patient, it is expected that the instances of early abortions will be reduced in the near future. Furthermore, the increasing birth rate globally is enhancing market growth. India is the leading country in terms of having the highest birthrate.
Therefore, due to the increasing birth rate, rising number of amniocentesis procedures, growing adoption of the same, and increasing focus on patient safety, the amniocentesis procedure segment is expected to show steady growth over the forecast period.
North America to Maintain Lead in the Amniocentesis Market
The global amniocentesis needle market is dominated by North America and Europe respectively. North America will continue to dominate the global market over the forecast period. Factors, such as the rising government initiatives and an increasing number of amniocentesis procedures, are driving the growth of the market in this region.
The developed healthcare system in the United States is augmenting the demand for advanced products which is accelerating the growth of amniocentesis needles with advanced technology. Added to that, a concern of the general population in the North America region about the genetic disorders in a newborn is propelling the demand for amniocentesis procedure.
Amniocentesis Needle Industry Overview
The market for amniocentesis needles is moderately competitive and is comprised mostly of local companies. Countries like China and India are having a large number of local suppliers for the amniocentesis needles which is posing an intense competition among these local companies. The market is also witnessing the presence of global companies but the competition among the big players is comparatively lower than that of the local players.
Amniocentesis Needle Market Leaders
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Becton Dickinson and Company
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The Cooper Companies, Inc.
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Cook Medical Incorporated
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RI.MOS. srl
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Medtronic Plc
*Disclaimer: Major Players sorted in no particular order
Amniocentesis Needle Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 High Reliability of Amniocentesis
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4.2.2 Growing Median Age of First-Time Motherhood
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4.2.3 Increasing Burden of Congenital Disorders
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4.3 Market Restraints
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4.3.1 Availability of Alternate Methods
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4.3.2 Lack of Skilled Professionals
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4.4 Porter's Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 100 to 150 mm Needles
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5.1.2 Larger Than 150 mm Needles
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5.1.3 Smaller Than 100 mm Needles
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5.2 By Procedure
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5.2.1 Amniocentesis Procedures
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5.2.2 Amnioreduction Procedures
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5.2.3 Fetal Blood Transfusion Procedures
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5.2.4 Amnioinfusion Procedures
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5.2.5 Cordocentesis Procedures
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5.3 Geography
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5.3.1 North America
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5.3.1.1 United States
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5.3.1.2 Canada
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5.3.1.3 Mexico
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5.3.2 Europe
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5.3.2.1 Germany
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5.3.2.2 United Kingdom
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5.3.2.3 France
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5.3.2.4 Italy
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5.3.2.5 Spain
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5.3.2.6 Rest of Europe
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5.3.3 Asia-Pacific
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5.3.3.1 China
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5.3.3.2 Japan
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5.3.3.3 India
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5.3.3.4 Australia
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5.3.3.5 South Korea
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5.3.3.6 Rest of Asia-Pacific
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5.3.4 Middle-East and Africa
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5.3.4.1 GCC
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5.3.4.2 South Africa
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5.3.4.3 Rest of Middle-East and Africa
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5.3.5 South America
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5.3.5.1 Brazil
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5.3.5.2 Argentina
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5.3.5.3 Rest of South America
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
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6.1.1 The Ccoper Companis Inc.
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6.1.2 Becton, Dickinson and Company
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6.1.3 Cook Medical Incorporated
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6.1.4 RI.MOS. Srl
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6.1.5 Smiths Medical
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6.1.6 Laboratoire Ccd
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6.1.7 Integra Lifesciences
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6.1.8 Medtronic Plc
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6.1.9 Medline Industries Inc.
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Amniocentesis Needle Industry Segmentation
Amniocentesis is a procedure that is used for the diagnosis of fetal defects in the second trimester of pregnancy. A sample from the amniotic fluid, surrounding the fetus in the womb, is collected through a pregnant woman's abdomen using a needle and syringe.
| By Type | |
| 100 to 150 mm Needles | |
| Larger Than 150 mm Needles | |
| Smaller Than 100 mm Needles |
| By Procedure | |
| Amniocentesis Procedures | |
| Amnioreduction Procedures | |
| Fetal Blood Transfusion Procedures | |
| Amnioinfusion Procedures | |
| Cordocentesis Procedures |
| Geography | ||||||||
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Amniocentesis Needle Market Research FAQs
What is the current Amniocentesis Needle Market size?
The Amniocentesis Needle Market is projected to register a CAGR of 5.40% during the forecast period (2024-2029)
Who are the key players in Amniocentesis Needle Market?
Becton Dickinson and Company, The Cooper Companies, Inc., Cook Medical Incorporated, RI.MOS. srl and Medtronic Plc are the major companies operating in the Amniocentesis Needle Market.
Which is the fastest growing region in Amniocentesis Needle Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Amniocentesis Needle Market?
In 2024, the North America accounts for the largest market share in Amniocentesis Needle Market.
What years does this Amniocentesis Needle Market cover?
The report covers the Amniocentesis Needle Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Amniocentesis Needle Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Amniocentesis Needle Industry Report
Statistics for the 2024 Amniocentesis Needle market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Amniocentesis Needle analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
