Dublin, Feb. 08, 2024 (GLOBE NEWSWIRE) -- The "Global Amniocentesis Needle Market Analysis to 2028" report has been added to ResearchAndMarkets.com's offering.
This report on the Global Amniocentesis Needle Market forecasts a promising surge in the industry, with expected ratings of a healthy Compound Annual Growth Rate (CAGR) of 4.87% through 2028. The meticulous study underscores pivotal market drivers, including the rising average age of expectant mothers, heightened awareness of prenatal screening, a growing incidence of genetic disorders, and continuous advancements in needle technology.
The report highlights extensive industry developments, shining light on increasing maternal age as a central factor fueling market progression. Women's tendency to delay childbearing for career or financial reasons has led to greater interest in comprehensive prenatal screening for potential chromosomal anomalies. A subsequent market driver is the escalating awareness of prenatal screening's significance. The rise in global health education efforts and internet resources has catalyzed a demand spike for amniocentesis procedures.
Genetic disorder prevalence is on an upswing, critical to the demand for amniocentesis, a definitive prenatal diagnostic procedure. With technological advancements leading to superior needle design—improving patient safety and comfort—market growth is further stimulated. These enhancements have been instrumental in bolstering healthcare provider confidence and expanding patient access to crucial prenatal screening tools.
Yet, the emergence of alternative screening methods like NIPT (Non-Invasive Prenatal Testing) presents a challenge, offering expectant parents less invasive means of evaluating fetal health early in pregnancy. Despite these alternatives, amniocentesis remains the confirmatory standard for prenatal diagnosis. The battle between invasive and non-invasive techniques is carefully dissected, revealing potential impacts on market dynamics.
Market trends echo the rising adoption of NIPT due to its accuracy and non-invasive nature, which could influence the global demand for amniocentesis needles. Moreover, significant market expansion into emerging economies illustrates a wider embrace of prenatal testing, necessitating enhanced healthcare infrastructure for accommodating growing patient needs.
Segmental insights of the market emphasize the dominance of the amniocentesis procedure segment and project its continued growth, driven by increasing congenital disease rates. Regional insights place North America at the forefront of the market, a trend expected to persist due to vigorous healthcare developments and rising genetic disorder cases.
Key players in the Global Amniocentesis Needle Market like Becton Dickinson and Company, The Cooper Companies, Inc., Cook Medical Incorporated, and others are identified, with detailed analysis underscoring their significant market presence. These companies are critically observed for their contributions to industry growth and innovation.
This comprehensive study offers a granular investigation into the amniocentesis needle market's present and future state, examining its various facets through pragmatic lenses. This analysis diverts attention to the ever-adaptive prenatal care landscape, highlighting factors that deliver crucial insights and drive market strategies for stakeholders worldwide.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 190 |
| Forecast Period | 2022-2028 |
| Estimated Market Value (USD) in 2022 | $160.02 Million |
| Forecasted Market Value (USD) by 2028 | $213.13 Million |
| Compound Annual Growth Rate | 4.8% |
| Regions Covered | Global |
A selection of companies mentioned in this report includes:
- Becton Dickinson and Company
- The Cooper Companies, Inc.
- Cook Medical Incorporated
- RI.MOS. srl
- Medtronic PLC
- Somatex Medical Technologies
- COOK Medical
- Smiths Medical
- Biopsybell
- IMD
For more information about this report visit https://www.researchandmarkets.com/r/9waeww
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