PUBLISHER: TechSci Research | PRODUCT CODE: 1315679
PUBLISHER: TechSci Research | PRODUCT CODE: 1315679
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Global Fetal Monitoring Market is projected to witness impressive growth during the forecast period. The prevalence of premature babies, high birth rates in developing nations, and government initiatives to improve such patients' survival rates are some of the factors that have contributed to the expansion of this market. Additionally, elements, including the rising incidence of nosocomial infections in neonates and rising public awareness of newborn care equipment, are anticipated to support growth.
The technological development of fetal monitoring systems, rising birth rates, preterm births, and expanding government and non-government activities to improve maternal and fetal care are all major contributors to the market's growth. Given that it primarily focuses on patient care and comfort, technical improvement in monitoring devices is projected to boost the market's growth. Data sharing with healthcare professionals is made possible by the wireless and at-home monitoring gadgets recently launched to the market. Lifestyle diseases like diabetes and hypertension are the most common causes of preterm delivery.
One of the key factors propelling the expansion of the fetal monitoring market is the rise in preterm and low-weight babies. Prematurity is linked to numerous issues that often cause deaths when birth rates rise. A live birth before 37 weeks of gestation is termed premature, and a delivery weighing less than 2500 g is referred to as a low-weight birth. The "Global Burden of Preterm Birth" study, which was published in the July 2020 issue of the International Journal of Gynecology & Obstetrics, estimates that 11% of all births globally occur preterm. Additionally, one in ten children born in the US in 2020 was born preterm, according to the Centers for Disease Control and Prevention's November 2021 revised entry titled "Preterm Birth." Additionally, there has been an increase in the prevalence of illnesses in neonates. The market need for fetal monitoring equipment has increased. As a result of these considerations, the Global Fetal Monitoring Market is growing.
It is anticipated that the prevalence of hospital-acquired infections among newborns will rise along with consumer knowledge of neonatal equipment. The UN Foundation reports that maternal and infant health is a top issue worldwide since every day, around 800 women are away from preventable causes related to pregnancy or childbirth. Fetal mortality rates are alarmingly high all around the world due to pregnancy-related medical issues. Approximately 20,854 fetal mortalities at 20 weeks or more of gestation were reported in the U.S. in 2020, according to the National Vital Statistics Reports. This highlights the critical need for newborn care equipment.
The Global Fetal Monitoring Market is segmented based on product, portability, method, application, and end-user. The product segment is classified into ultrasound devices, fetal monitors, uterine contraction monitors, fetal electrodes, fetal doppler devices, telemetry device, accessories and consumables, and others. Based on portability, the market is divided into portable and non-portable systems. Based on application, the market is categorized into antepartum & intrapartum. Based on end-user, the market is categorized into hospitals, obstetrics & gynecology clinic, and home care setting.
Cardinal Health, Medtronic, Koninklijke Philips N.V., Siemens Healthineers, GE Healthcare, FUJIFILM SonoSite, Inc, Natus Medical Incorporated, Huntleigh Healthcare Limited (UK), The Cooper Companies Inc. (US), CONTEC Medical Systems Co., Ltd
In this report, the Global Fetal Monitoring Market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in the Global Fetal Monitoring Market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: