Global Amniocentesis Needle Market Size, Share, Opportunities, And Trends By Needle Type (Smaller Than 100 Mm Needles, 100–150 Mm Needles, Larger Than 150 Mm Needles), By End-User Industry (Hospitals, Diagnostic Centers, Clinics), And By Geography - Forecasts From 2021 To 2026

The global amniocentesis needle market is evaluated at US$175.138 million for the year 2019 and is projected to grow at a CAGR of 2.04% to reach the market size of US$201.776 million by the year 2026.

The increasing burden of congenital disorders and the high reliability of the amniocentesis needle are the key factors driving the growth of the market. Amniocentesis is a prenatal test. During amniocentesis, an ultrasound transducer is used to show a baby's position in the uterus on a monitor. Certain factors that are responsible for the growth of this market are the growing median age of first-time motherhood, the increasing burden of congenital diseases, and the high reliability of people on amniocentesis.

According to a World Health Organization report, nearly 303 000 newborns die within 4 weeks of birth every year, worldwide, due to congenital anomalies. Moreover, an increase in pregnancy rate; rise in preference for non- and minimally-invasive diagnostic procedures also fuels the growth in the market. However, the availability of alternative methods works as the restraining factor for market growth.

The advent of COVID-19 had a positive impact on the amniocentesis needle market given the rise in the demand for medical supplies during the year. 

Rapid developments in the needles sector are anticipated to be a tailwind to the market in the coming years.

Segmentation

• By Needle type
  • Smaller Than 100 mm Needles
  • 100–150 mm Needles
  • Larger Than 150 mm Needles
• By End-user
  • Hospitals
  • Diagnostic Centers
  • Clinics
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • UK
    • Others
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Others