The Global Fetal Monitoring Devices market is anticipated to grow at a CAGR of 6.92% during the forecast period from 2022 to 2027. As per DelveInsight analysis, owing to the factors such as the increased need for monitoring fetus for various birth defects and prevalence of preterm births, post-term pregnancy, development of technologically advanced fetal monitors, growing adoption of minimally invasive procedures, and increase in government and non-government initiatives for maternal and fetal health globally, the Fetal Monitoring Devices market is witnessing positive growth during the forecast period.
DelveInsight’s Fetal Monitoring Devices Market Forecast report provides the current and forecasted Fetal Monitoring Devices market sharefor the next five years, forthcoming innovations in the devices, individual market shares, challenges, drivers, and barriers, market trends, and key competitors in the Fetal Monitoring Devices market.
Fetal Monitoring Devices
Fetal monitoring devices are medical devices that consist of a monitoring unit, cables, and electrodes. They are designed to measure, record, and display fetal heart rate, uterine contractions, and/or maternal blood pressure, and heart rate before and during childbirth. It is also utilized to detect early signs of distress, allowing modifications to the approach to the labor to be made if necessary.
There are three methods for monitoring the baby’s heartbeat: auscultation, electronic fetal monitoring, and internal fetal heart monitoring.
Fetal Monitoring Devices Market Insights
North America is predicted to account for the highest market share of the global Fetal Monitoring Devices market, out of all regions. Factors such as the rising prevalence of various fetal birth abnormalities, an increase in preterm births, and more government initiatives are projected to contribute to the growth of the North America Fetal Monitoring Devices Market.
According to the CDC 2022, there are presently a number of state-based birth defects programs that track CHDs in neonates and young children which will drive the growth of the Fetal Monitoring Devices market.
Moreover, with the rising prevalence of congenital disorders in the country, there will be a greater need for treatments that use Fetal Monitoring Devices, creating a favorable growth environment for the United States Fetal Monitoring Devices market as well as the North American region. As a result of the interaction of numerous factors such as the presence of a large patient population, favorable reimbursement policies, and new product launches in the region, the North America Fetal Monitoring Devices market is likely to grow during the forecast period.
To know more about why North America is leading the Fetal Monitoring Devices market, get a snapshot of the report Fetal Monitoring Devices Market Analysis
Recent Updates in the Fetal Monitoring Devices Market
- In February 2022, CooperSurgical acquired Cook Medical’s Reproductive Health Division to expand its offerings of ob-gyn and fertility medical devices.
- In June 2021, Remote pregnancy monitoring company Nuvo Group announced the FDA supplemental 510(k) clearance to add a new uterine activity module to its INVU system. INVU is a physician-prescribed, wearable pregnancy monitoring system.
- In June 2020, Royal Philips announced the launch of an addition to its remote patient monitoring platform for at-risk populations during the COVID-19 pandemic. Philips added the Avalon CL fetal and maternal pod and patch for reducing unnecessary physical interactions between clinicians and patients to prevent transmission of the coronavirus.
Interested in knowing about the advancements in the Fetal Monitoring Devices market? Click to get a snapshot of Wireless Fetal Monitoring Devices
Key Players in the Fetal Monitoring Devices Market
Some of the leading Fetal Monitoring Devices companies include Koninklijke Philips N.V., General Electric Company, Cardinal Health, Nidek Medical, Siemens Healthcare GmbH, Heal Force, Medgyn Products, Inc., Promed Technology Co., Limited, Shenzhen Comen Medical Instruments Co., Ltd., Narang Medical Limited, Trivitron Healthcare, Neoventa Medical AB, Huntleigh Healthcare Ltd, EDAN Instruments, Inc., Shenzhen Bestman Instrument Co., Ltd., Natus Medical Incorporated, CooperSurgical Inc., Contec Medical Systems Co., Ltd, Life Plus Healthcare (P) Ltd., Bionet, and others are currently operating the Fetal Monitoring Devices market.
Fetal Monitoring Devices Market Dynamics
The Fetal Monitoring Devices market is witnessing increased product demand for a variety of reasons. The primary driver of product demand is an increased requirement to monitor fetuses for potential birth abnormalities. Another factor driving the demand for these fetal heart rate monitoring devices is the occurrence of preterm deliveries. Furthermore, because of the COVID-19 infection, there was a greater requirement for fetal heart monitoring. As a result, with careful monitoring, these defects can be avoided by receiving appropriate treatment and medication. As a result, the Fetal Monitoring Devices market is predicted to expand during the forecast period of 2022 to 2027.
However, the risks associated with invasive fetal monitoring and the high cost of equipment maybe some of the factors restraining the growth of the Fetal Monitoring Devices market.
The Fetal Monitoring Devices market witnessed a COVID-19 outbreak, which significantly increased the use of fetal heart monitoring devices. People who have COVID-19 during their pregnancy were more likely to experience difficulties that could damage their pregnancy and developing kids. COVID-19, for example, increases the risk of delivering a preterm (before 37 weeks) or stillborn infant. During the pandemic, this resulted in an upsurge in demand for fetal monitors. Furthermore, the process of economic recovery, with the easing of lockdown restrictions and the return of normalcy in the economic landscape following the pandemic, has resulted in the resumption of regular healthcare services, which will keep demand for these products in the Fetal Monitoring Devices market on track.
To discuss more about the Fetal Monitoring Devices market dynamics, get a snapshot of the report Fetal Monitoring Devices Market Assessment
Scope of the Fetal Monitoring Devices Market Report:
- Geography Covered: Global
- Study Period: 2019-2027
- Market Segmentation By Product: Ultrasound Devices (2D Ultrasound, 3D & 4D Ultrasound), Electronic Fetal Monitoring Devices/Fetal Monitors, Fetal Doppler Devices, Telemetry Devices, Others
- Market Segmentation By Method: Invasive, Non-Invasive
- Market Segmentation By Portability: Portable, Non-Portable
- Market Segmentation By End-Users: Hospitals, Obstetrics & Gynecology Clinics, Others
- Market Segmentation By Geography – North America, Europe, Asia-Pacific, and Rest of World
- Leading Fetal Monitoring Devices Companies: Koninklijke Philips N.V. (AMS: PHIA), General Electric Company (NYSE: GE), Cardinal Health (NYSE: CAH), Nidek Medical, Siemens Healthcare GmbH (ETR: SHL), Heal Force, Medgyn Products, Inc., Promed Technology Co., Limited, Shenzhen Comen Medical Instruments Co., Ltd., Narang Medical Limited, Trivitron Healthcare, Neoventa Medical AB, Huntleigh Healthcare Ltd, EDAN Instruments, Inc., Shenzhen Bestman Instrument Co., Ltd., Natus Medical Incorporated (NASDAQ: NTUS), CooperSurgical Inc., Contec Medical Systems Co., Ltd, Life Plus Healthcare (P) Ltd., Bionet, and others.
- Porter’s Five Forces Analysis, Product Profiles, Case Studies, KOL’s Views, Analyst’s View
DelveInsight Analysis: The Fetal Monitoring Devices market size is expected to grow at a CAGR of 6.92% during the forecast period from 2022 to 2027 to reach USD 4.72 billion by 2027.
Table of Contents
| 1 | Fetal Monitoring Devices Market Report Introduction |
| 2 | Fetal Monitoring Devices Market Executive Summary |
| 3 | Regulatory and Patent Analysis |
| 4 | Fetal Monitoring Devices Market Key Factors Analysis |
| 5 | Porter’s Five Forces Analysis |
| 6 | COVID-19 Impact Analysis on Fetal Monitoring Devices Market |
| 7 | Fetal Monitoring Devices Market Layout |
| 8 | Global Company Share Analysis – Key 3-5 Companies |
| 9 | Fetal Monitoring Devices Market Key Companies and Product Profiles |
| 10 | Project Approach |
| 11 | KOL Views |
| 12 | DelveInsight Capabilities |
| 13 | Disclaimer |
| 14 | About DelveInsight |
To get a deeper understanding of key companies and devices, get a snapshot of the Electronic Fetal Monitoring Devices Regulatory and Patent Analysis
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