Global Clinical Perinatal Software Market Research Report Segmented by Products (Integrated Software and Standalone Software), Services (Implementation Services, Support & Maintenance, Services, Training Service and Customization Services), Deployment Models (On-Premise and Cloud-Based), Applications (Fetal Monitor Data Services, Workflow Management and Patient Documentation), End-User and Region – Forecast till 2023
Clinical perinatal software is a software designed to ensure the safety of the unborn baby and the mother during pregnancy. It can ease the concerns of families by monitoring the health of the unborn baby from labor stage to the neonatal unit. The global clinical perinatal software market report compiled by Market Research Future (MRFR) contains the latest trends, drivers, and challenges in a detailed and comprehensive manner for readers.
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Clinical Perinatal Software Market Overview
The global clinical perinatal software market is slated to display a CAGR of 7.2% from 2017 to 2023 (forecast period). It can touch a significant mark by 2023. It stood at USD 166.43 million in 2016. Rising government support for research and development, breakthroughs in technology, and large healthcare expenditure are factors which can bolster the market growth during the forecast period. The rise in number of birth rates and post-pregnancy drives to ensure safe delivery of babies can bode well for the global market.
Provision of quality healthcare for patients as well as adoption of the latest software across hospitals can provide a plethora of opportunities to the market. The rendering of 3D images as well as display of sufficient information pertaining to the woman and her fetus can be used by doctors for recommending an accurate diagnosis at the right time. Availability of mobile applications which can provide ample information to patients during pregnancy and post-pregnancy have created awareness among patients with many opting for the service during their prenatal doctor check-ups.
But high price of the software and paucity of skilled personnel are restraints which can impede the market growth.
Clinical Perinatal Software Market Competition Outlook
- Cerner Corporation
- Edan Instruments Inc.
- General Electric
- Trium Analysis Online
- K2 Medical Systems
- Huntleigh Healthcare Limited
- PeriGen Inc.
- Koninklijke Philips N.V
are noteworthy participants of the global clinical perinatal software market.
Clinical Perinatal Software Market Segmentation
The global clinical perinatal software market is segmented by products, services, deployment models, applications, and end-user.
By products, it is segmented into integrated and standalone software.
By services, it is segmented into training service, support & maintenance services, implementation services, and customization services.
By deployment models, it is segmented into cloud-based and on-premise.
By applications, it is segmented into patient documentation, fetal monitor data services, and workflow management.
By end-user, it is segmented into maternity clinics and hospitals & clinics.
Asia Pacific (APAC), the Americas, Europe, and the Middle East & Africa (MEA) are the regions discussed with respect to the market report.
The Americas accounted for 39.2% market share in 2016 with a value of USD 65.31 million. It can exhibit a tremendous growth rate during the forecast period due to the large healthcare expenditure of nations, the sophisticated technology, and consolidation of players. The rising prevalence of stillbirths is likely to induce the demand for clinical perinatal software in the coming years.
Europe is the second biggest market due to presence of large economies of Germany, the U.K., and France. Investments in healthcare and replacement of legacy equipment can drive the global clinical perinatal software market demand in the region.
The APAC region can exhibit a strong growth rate during the forecast timespan due to increasing demand for cost-effective services, need for advanced diagnostic methods, and consolidation of smaller clinics by large hospital chains.
Clinical Perinatal Software Industry News
Artificial intelligence has found application in perinatal software in order to assist doctors reach the right prognosis. The Baylor School of Medicine has teamed up with PeriGen, a vendor of artificial intelligence software, for improving the monitoring of fetal and maternal health. The PeriWatch Vigilance, a software which detects the deteriorating conditions of patients and forewarns doctors to take appropriate action and improve the end results.
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