Global AmniocentesisNeedles Market, By Product Type (100mm to 150mm, Smaller Than 100 mm, andLarger Than 150 mm), By Application (Amniocentesis, Amnioreduction, Fetal BloodTransfusion, Amnioinfusion, and Cordocentesis), By End User (Hospitals,Diagnostic Centers, and Clinics), and By Region (North America, Latin America,Europe, Asia Pacific, Middle East, and Africa) was valued at US$ 154.4 millionin 2018, and is projected to exhibit a CAGR of 3.8% over the forecast period(2019 - 2026).
Amniocentesis needles aremanufactured for perceivable sampling in before birth diagnosis of the child.Usually, one centimeter of spiral grooving on the distal tip offers areflective uppermost periphery for improved visualization, monitored throughultrasound enlightenment. The manufacturers of the amniocentesis needles aremajorly involved in producing convenient type of needles, which will be safeand easy to handle to avoid complications during the procedure. According tothe International Society of Ultrasound in Obstetrics and Gynecology (ISUOG)report of 2016, ideally a 20-22 Gauge needle should be insertedtransabdominally under continuous ultrasound guidance, which is considered asthe safest method and does not cause harm to the fetus and the mother. Forinstance, the Cook Medicals product portfolio of amniocentesis needles contains8 type of amniocentesis needles which is accurately manufactured according tothe guidelines of ISUOG.
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Increasing rate of child-birth issignificantly driving the global amniocentesis needle market growth. The risingrate of childbirths also requires prenatal diagnosis to know about the healthof child. Amniocentesis test reveals every information regarding the fetus suchas sex, genetic abnormality, and blood disorder. For instance, Centers forDisease Control and Prevention (CDC) reported in 2017, 3.9 million livechild-birth occurred in the U.S. The global amniocentesis needle market size isexpected to increase, owing to merger and acquisitions of major manufacturersof amniocentesis companies. Major companies in the industry are working onacquiring the product portfolios of other companies to increase their marketshare. For instance, in April 2016, Cooper Surgical, acquired Genesis Genetics,a genetics laboratory specializing in pre-implantation genetic screening (PGS)and pre-implantation genetic diagnosis (PGD) used during the in-vitrofertilization (IVF) process. The Cooper Surgical is continuously expanding itsbusiness in women’s health portfolio. For instance, in November 2016, CooperSurgical acquired Wallace, the in-vitro fertilization (IVF) segment of SmithsMedical, a division of Smiths Group plc, for a purchase price of around US $168million to strengthen product portfolio and takeover premier products forwomen’s health.
Browse 29 Market Data Tables and17 Figures spread through 166 Pages and in-depth TOC on "GlobalAmniocentesis Needles Market, By Product Type (100mm to 150mm, Smaller Than 100mm, and Larger Than 150 mm), By Application (Amniocentesis, Amnioreduction,Fetal Blood Transfusion, Amnioinfusion, and Cordocentesis) By End User (Hospitals,Diagnostic Centers, and Clinics), and By Region (North America, Latin America,Europe, Asia Pacific, Middle East, and Africa) - Global Forecast to 2026"
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Key Takeaways of the GlobalAmniocentesis Needles Market:
The global amniocentesis needlesmarket is expected to expand at a CAGR of 3.8% during the forecast period(2019–2026), owing to increasing rate of child-birth and acquisitions to expandproduct portfolio.
Among product type, the 100 to150mm segment is expected to hold major revenue share in 2026. Maximum companiesare manufacturing the 100 to 150 mm segments as this size of needle is accurateand according to the guidelines of ISUOG. Maximum hospitals and clinics demandfor this size as it is the most suitable size for amniocentesis test in anormal weight pregnant woman. For instance, the EchoTip DisposableAmniocentesis Needles by the Cook Medical have products with specification of150mm long with varying 20 to 22 needle gauge.
Major players operating in theglobal amniocentesis needles market include Becton, Dickinson and Company,Biopsy bell, Cook Medical, Cooper Surgical, Integra Lifesciences, LaboratoriesCCD, Medline, Medtronic, RI. Mos., Rocket Medical, Smiths Medical, and TsunamiMedical.
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