In terms of value, the North America fetal surgery market accounted for US$ 2,356.0 Mn in 2020 and is expected to reach US$ 5,079.5 Mn by 2030 growing at a CAGR of 8.9% over the forecast period. Latest added Fetal Surgery Market research study by Absolute Markets Insights (AMI) offers detailed product outlook and elaborates market review till 2030. The market Study is segmented by key regions that is accelerating the marketization. At present, the market is sharping its presence and some of the key players in the study are Abbott Northwestern Hospital, Barnes-Jewish Hospital, Boston Children’s Hospital, Children’s Minnesota, Cincinnati Children’s Hospital Medical Center, Colorado Fetal Care Center, Fetal Health Foundation, Mayo Foundation for Medical Education and Research (MFMER), Ochsner Health System, Ohio State Maternal Fetal Medicine, SSM Health, The Children’s Hospital of Philadelphia, The Johns Hopkins Center for Fetal Therapy, UM Baltimore Washington Medical Center, and University of Michigan Health System. The study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.
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This report studies the Fetal Surgery Market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the Fetal Surgery Market by companies, region, type and end-use industry.
Scroll down 100s of data Tables, charts and graphs spread through Pages and in-depth Table of Content on ”Fetal Surgery Market By Method (Invasive And Minimally Invasive), By Surgical Procedure [Intrauterine Transfusion, Fetoscopic Laser Photocoagulation For TTTS, Fetal Shunt Placement, Amniotic Band Resection, Ex-Utero Intrapartum Treatment (EXIT), Fetoscopic Tracheal Occlusion (FETO), And Fetoscopic Spina Bifida Repair], By Facilities (Clinics, Children’s Hospitals, And Others), By Country (U.S., Canada, And Mexico) – North America Insights, Growth, Size, Comparative Analysis, Trends And Forecast, 2021 – 2030″. Early buyers will get 10% customization on study.
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To Avail deep insights of Fetal Surgery Market Size, competition landscape is provided i.e. Revenue Analysis (M $US) by Company (2018-2020), Segment Revenue Market Share (%) by Players (2018-2020) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future.
Unlock new opportunities in Fetal Surgery Market; the latest release from Absolute Markets Insights (AMI) highlights the key market trends significant to the growth prospects, Let us know if any specific players or list of players needs to consider to gain better insights.
Market Overview/Industry Trends:
Fetal surgery, also called as antenatal surgery or prenatal surgery or fetal reconstructive surgery is the surgical treatment of the fetus before birth. In general, there are two types of fetal surgery, namely, open fetal surgery and minimally invasive fetoscopic surgery. In open fetal surgery, the fetus is partially removed from the uterus in order to expose the area of the fetus. Post-surgery, the fetus is returned to the womb and the uterus is closed. Minimally-invasive fetal surgery are typically performed to treat twin-twin transfusion syndrome or twin reversed arterial perfusion sequence.
Factors influencing the market growth is improved level of surgeries, high prevalence of spina bifida, and increasing preterm births. For instance, the incidence of preterm births in the U.S. surged from the early 1980 through 2006 but declined from 2007 through 2014. Recent data for 2014–2016 indicates that preterm rate has increased again. From 2014 to 2016, the preterm birth rate rose 3% in the U.S., from 9.57% in 2014 to 9.63% in 2015 to 9.85% in 2016. On the contrary, the presence of rigorous regulatory procedures pertaining to fetal surgeries in North America is anticipated to impede the fetal surgery market growth over the forecast period.
On the basis of methods, the North America fetal surgery market has been categorized into invasive and minimally invasive. In 2018, the invasive segment grabbed more than 62.0% of the fetal surgery market share and is expected to continue its dominance throughout the forecast period. This is growth is attributed to invasive surgeries that are being highly performed for the treatment of neural tube defects, congenital cystic adenomatoid malformation, congenital diaphragmatic hernia, congenital heart disease or congenital heart defect (CHD), pulmonary sequestration, and sacrococcygeal teratoma.
On the other hand, minimally invasive method segment is likely to exhibit significant market growth during the forecast period as this surgery uses small incisions and is guided by fetoscopy and sonography to treat fetal conditions such as twin-twin transfusion syndrome and spina bifida.
Surgical Procedure Outlook:
By surgical procedure, the North America fetal surgery market has been classified into intrauterine transfusion, fetoscopic laser photocoagulation (FLP) for twin-to-twin transfusion syndrome (TTTS), fetal shunt placement, amniotic band resection, ex-utero intrapartum treatment, fetoscopic tracheal occlusion, and fetoscopic spina bifida repair. The fetoscopic spina bifida repair segment commanded the market in 2018 owing to high prevalence of spina bifida in the United States. Spina bifida, a type of neural tube defect (NTD), is a condition that affects the spine and is usually apparent at birth. As per the data presented by Centers for Disease Control and Prevention (CDC), about 1,645 babies are born with spina bifida every year. This high prevalence of this condition is bolstering the demand for fetal surgery in the U.S., thereby contributing to the regional growth.
Based on facilities, the North America fetal surgery market has been bifurcated into clinics, children’s hospitals, and others. In 2018, the clinics segment has secured the second position in terms of revenue in the fetal surgery market due to significant presence of fetal care clinics along with fetal surgeries being performed throughout the nation. Some of the fetal care clinics in the U.S. are UAB Fetal Diagnosis and Care Clinic, Mayo Clinic, Maternal Fetal Medicine Clinic, and USA Health.
The North America fetal surgery market has been broken down by country into the U.S., Canada, and Mexico. The U.S. dominated the market in 2018 due to the substantial presence of fetal care hospitals, clinics, and other treatment centers such as Abbott Northwestern Hospital, Barnes-Jewish Hospital, Boston Children’s Hospital, Children’s Minnesota, Cincinnati Children’s Hospital Medical Center and Colorado Fetal Care Center, amongst others.
North America Fetal Surgery Market:
Fetal Surgery Market : By Method
- Minimally Invasive
Fetal Surgery Market: By Surgical Procedure
- Intrauterine Transfusion
- Fetoscopic Laser Photocoagulation for TTTS
- Fetal Shunt Placement
- Amniotic Band Resection
- Ex-Utero Intrapartum Treatment (EXIT)
- Fetoscopic Tracheal Occlusion (FETO)
- Fetoscopic Spina Bifida Repair
Fetal Surgery Market: By Facilities
- Children’s Hospitals
Fetal Surgery Market: By Country
The large scale Fetal Surgery Market report defines CAGR value fluctuation during the forecast period of 2021-2030 for the market. The market research analysis conducted in this report provides an examination of various market segments that are relied upon to monitor the fastest development amid the estimated forecast frame. The company profiles leading to all the chief and dominating market players and brands that are taking steps such as product launches, joint ventures, mergers and acquisitions have been included in the report. Fetal Surgery Market research report is a window to the industry which explains what market definition, classifications, applications, engagements and market trends are.
The research report of the global Fetal Surgery market provides answers to the following key questions:
- What is the expected market size, share, and CAGR of the Fetal Surgery report by the end of the forecast period of 2030?
- Does the report give customized insights on market segmentation as well as the intended audience?
- What are the prime market growth driving factors and threats responsible for setting up the development of the Fetal Surgery market worldwide?
- What are the prominent market players operating in the Fetal Surgery market? What strategies are adopted by them to stay ahead in the market?
- What are the emerging and evolving technologies shaping the growth of the global market across various regions?
- What are the opportunities in store of the business owners in the years to come?
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