The Global Fetal Macrosomia Market is expected to grow at the CAGR of ~4.1% during the forecast period and is estimated to reach USD 3034.1 million by 2023.
Fetal macrosomia is described as a medical condition in which baby is significantly larger than average before birth. The average birth weight of babies is seven pounds. The possible signs and symptoms of macrosomia are large fundal height and excessive amniotic fluid (polyhydramnios). The most common causes of macrosomia are genetic, maternal conditions such as diabetes or obesity, jaundice, respiratory distress, exceptionally the infant might have some medical conditions which may be responsible for accelerating the fetal growth. Some major risk factors related to macrosomia are injury to new born such as shoulder dystocia.
The babies with macrosomia have a birth weight more than 8 pounds, 13 ounces (4,000 grams). Approximately 9% of babies born weigh more than 8 pounds, 13 ounces. Fetal macrosomia occurs in around 10% of all pregnancies in the US. Increasing occurrence of macrosomia is a key factor for market growth. Increasing awareness play an important role in the growth of this market. Macrosomia birth may leads to various medical complications.
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Increasing demand of accurate diagnosis and treatment from emerging markets of Asia and South America is major driving force of this market. Healthcare sector is rapidly changing in this region due to various factors such as technological advancement and increasing healthcare expenditure.
Pharmaceutical companies, medical research centers and hospitals are working on effective cure for fetal macrosomia by investing large amount of money and resources for R&D. Introduction of advanced diagnostic tools are another important factor for the market growth.
Major players in fetal macrosomia market:
There are plenty of large and small market players which operate in this market: Carestream Health (US), Esaote SpA (Italy), Fonar Corporation (US), Fujifilm Holdings Corporation (Japan), GE Healthcare (UK), Hitachi Medical Corporation (Japan), Hologic, Inc. (US), Philips Healthcare (Netherlands), Samsung Medison Co. Ltd (Republic of Korea), Shimadzu Corporation (Japan), Siemens Healthcare (Germany), Toshiba Corporation (Japan),) and others.
Considering the global scenario of the fetal macrosomia market, there are four main regions, America, Europe, Asia Pacific, and Middle East & Africa.
America is the largest market for fetal macrosomia. The Americas mainly include North America and South America. North America is holding the largest market share in which US is dominating this market. Some major factors like advanced diagnostic and treatment facilities, rapid adoption of healthcare practices, and increasing investment in research are the driving forces for the growth for North America fetal macrosomia market. European region is the second important market, especially West European countries are dominating this region. Eastern European countries are also showing significant growth in this market.
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Asia Pacific market is witnessing rapid growth due to increasing awareness of the diseases, increasing spending and government initiative to increase awareness as well as to provide affordable healthcare. Talking about the market scenario of Middle East & Africa, this region is expected to grow slower than the global average due to various inhibiting factors such as lack of knowledge, limited access to the required healthcare facilities, traditional healthcare facilities etc.
1 Report Prologue
2.2 Scope of the Study
2.2.1 Research Objective
2.3 Market Structure
2.4. Market Segmentation
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
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