Fetal Monitoring Market Analysis: Major Players, Lucrative Segments And Top Geographies
23 Jun, 2023
The global fetal monitoring market size is expected to grow from $3.39 billion in 2022 to $3.63 billion in 2023 at a compound annual growth rate (CAGR) of 7.21%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global fetal monitoring market size is expected to reach $4.88 billion in 2027 at a CAGR of 7.64%.
Global Fetal Monitoring Market Key Driver
The prevalence of preterm births will drive the expansion of the foetal monitoring industry in the future. Preterm birth occurs when a baby is born before the 37th week of pregnancy. Preterm delivery is the leading cause of infant mortality and impairment. To avoid them, healthcare practitioners use foetal monitoring devices to continually monitor the foetal heart rate, the mother's contractions, and other indicators, which aids them in making life-saving decisions during the delivery. With the increasing prevalence of preterm births, foetal monitoring devices in hospitals and clinics are in high demand.
Get a sample of the global fetal monitoring market reportGlobal Fetal Monitoring Market Segments
The global fetal monitoring market is segmented:
1) By Product: Ultrasound Devices, Electronic Maternal Or Fetal Monitors, Uterine Contraction Monitor, Fetal Electrodes, Fetal Doppler Devices, Telemetry Devices, Accessories And Consumables, Other Products
2) By Method: Invasive, Non-Invasive
3) By Application: Intrapartum Fetal Monitoring, Antepartum Fetal Monitoring
4) By End-User: Diagnostic Laboratories, Hospitals And Clinics, Other End-Users
5) By Geography: The regions covered in the fetal monitoring market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global fetal monitoring market.
Major Fetal Monitoring Industry Players
Koninklijke Philips N.V., FUJIFILM SonoSite Inc., Medtronic Plc, Siemens Healthineers, GE Healthcare, Neoventa Medical AB, The Cooper Companies Inc, Spacelabs Healthcare Inc., Natus Medical Incorporated, EDAN Instruments Inc, Shenzhen Comen Medical Instruments Co Ltd, Contec Medical Systems Co Ltd, Bionet Co Ltd., ArjoHuntleigh Inc., Analogic Corporation
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Fetal Monitoring Market Overview
Fetal monitoring is the process in which medical professionals use specialized equipment to monitor the mother's contractions and the heart rate of the fetus during birth. It is used to provide medical professionals with information that helps them decide whether to interfere in the birthing process.
Fetal Monitoring Global Market Report 2023 provides data on the global fetal monitoring market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The fetal monitoring market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.