AMNIOCENTESIS NEEDLES MARKET ANALYSIS

Amniocentesis Needles MarketSize and Trends

Global Amniocentesis Needles Market Share (%) Analysis, By Product Type, 2018

Source: Coherent Market Insights Analysis (2019)

Increasing Research & Development for New Applications of Aminiocentesis is Expected To Drive the Global Amniocentesis Needles Market Growth

The global amniocentesis needles market size was valued at US$ 154.4 million in 2018 and is expected to witness a CAGR of 3.8% over the forecast period (2019 – 2026).

Global amniocentesis needles market size is expected to expand significantly, owing to increasing demand for amniocentesis, eventually creating demand for more research and developments of new techniques and applications. For instance, in 2018, a team of researchers of Complete Genomics in San Jose, California, showed that amniocentesis linked with whole-genome sequencing (WGS) can be used to analyze a fetus' entire genome for harmful mutations. The team collected amniotic fluid from 31 pregnant women and isolated DNA from both the amniotic fluid and the fetal cells within it. Overall, the researchers found that WGS determined up to 97% of the fetal genome with accuracy.

Moreover, increasing awareness about women and child’s health creates a need for amniocentesis test. According to the University Hospital of Southampton report of 2016, in Britain, over 15,000 women do the amniocentesis test, annually to know about the child’s health.