Industry Background:
Amniocentesis is used to screen for other complications during pregnancy, such as infection or a genetic disorder. Rather than looking at the baby's genes, the tests look for substances in the fluid itself. Amniocentesis Needle is purposely designed for better handling of tip placement during amniotic fluid sampling. One of the most common uses of amniocentesis is to see whether a baby has a chromosomal condition like Down syndrome
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | North America |
Unit | Value (USD Million) |
Key Companies Profiled | Medtronic (Ireland), BD (United States), Medline (United States), Integra LifeSciences (United States), Cook Medical (United States), Rocket Medical (United Kingdom), Gima S.p.A (Italy), Smiths Medical (United States), CooperSurgical Inc. (United States), Laboratoire CCD (France), RI.MOS. (Italy), Biopsybell (Italy) and TSUNAMI MEDICAL (Italy) |
According to AMA, the market for Amniocentesis Needle is expected to register a CAGR of 2.7% during the forecast period to 2028. This growth is primarily driven by Occurrence of various diseases such as diabetes among the pregnant women., Rising Number of Down Syndrome Cases across New-borns., More people demand safe & precise pregnancy procedures. and Increasing Health Awareness post Covid Pandemic.
Globally, a noticeable market trend is evident Demand for Professional and accurate services in Healthcare Sector The Health Care Equipment sector in the Asia Pacific region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Medtronic (Ireland), BD (United States), Medline (United States), Integra LifeSciences (United States), Cook Medical (United States), Rocket Medical (United Kingdom), Gima S.p.A (Italy), Smiths Medical (United States), CooperSurgical Inc. (United States), Laboratoire CCD (France), RI.MOS. (Italy), Biopsybell (Italy) and TSUNAMI MEDICAL (Italy), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Amniocentesis Needle market is characterized by High level of competition concentrated in specific regions including United States, Italy. Currently, key players are in the industry are looking to enhance their existing range of products by making them more sustainable & safer and at the same time expand their consumer base across various new regions as well as in the operational regions. Significant Merger & Acquisitions have happened in the recent years thus indicating towards the growth potential of the Market realized by the Industry Leaders
Key Developments in the Market:
On 5th January, 2021 - CooperSurgical Acquired Embryo Options (A leading provider of cryo-storage software solutions for clinics and patients), this acquisition is expected to add to CooperSurgial’s core competencies. and On 20th January, 2021 - Integra LifeSciences Completed the Acquisition of ACell Inc., Motivation behind the deal was to enable Integra to provide more comprehensive complex wound management solutions and efficiently resolve clinical challenges
On 16th January, 2020 - Medline Industries acquired Médi-Sélect (A Canada-Based Surgical products wholesaler) The deal is expected to Enhance Medicare’s reach towards more Consumers.
Influencing Trend:
Demand for Professional and accurate services in Healthcare Sector
Market Growth Drivers:
Occurrence of various diseases such as diabetes among the pregnant women., Rising Number of Down Syndrome Cases across New-borns., More people demand safe & precise pregnancy procedures. and Increasing Health Awareness post Covid Pandemic
Challenges:
Doctors and healthcare professionals have been looking for improved ways to maintain a balance and ensure enough intake of amniotic fluid by babies during the development process. and To Minimize Manufacturing Defects
Restraints:
Only trained Healthcare Experts & Doctors can Undertake such procedures to avoid any Accident. and Defective Needles may prove Fatal to Patient
Opportunities:
Growing Infrastructure in Medical Industry
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Amniocentesis Needle Market
- Analysis about New Entrants in Amniocentesis Needle Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Amniocentesis Needle Study Sheds Light on
The Amniocentesis Needle Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Amniocentesis Needle industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Amniocentesis Needle industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.