Home > Healthcare > Medical Devices > Medical Supplies > Amniocentesis Needle Market
Amniocentesis Needle Market size was valued at around USD 177 million in 2023 and is anticipated to register a CAGR of 4.9% between 2024 and 2032. Amniocentesis needle refers to a specialized medical instrument used in the amniocentesis procedure, which is a diagnostic test performed during pregnancy. The needle is designed for the purpose of extracting a small amount of amniotic fluid from the amniotic sac surrounding a developing fetus.
This robust market growth can be attributed to various factors, including ongoing technological advancements in amniocentesis needles, rising prevalence of chronic diseases among expectant mothers, growing awareness and education regarding amniocentesis, the continual growth of healthcare expenditure, and the increasing preference for ultrasound needles, which accounted for USD 272.5 million in 2022, among other contributing factors.
Furthermore, anticipated market expansion is attributed to multiple factors, including the, raising maternal age and increasing rates of prenatal screening. For instance, in 2022, according to BMC Pregnancy and Childbirth in pregnancies of advanced maternal age (AMA), invasive diagnostic testing was performed in 87.22% cases.
Report Attribute | Details |
---|---|
Base Year: | 2023 |
Amniocentesis Needle Market Size in 2023: | USD 177 Million |
Forecast Period: | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR: | 4.9% |
2032 Value Projection: | USD 273.1 Million |
Historical Data for: | 2018 - 2023 |
No. of Pages: | 133 |
Tables, Charts & Figures: | 215 |
Segments covered: | Product Type, Procedure, End-use, and Region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|