Fetal Monitoring Market worth $5.2 billion by 2027 - Exclusive Report by MarketsandMarkets™

CHICAGO, Jan. 16, 2023 /PRNewswire/ -- Fetal Monitoring Market size is projected to reach USD 5.2 billion by 2027 from USD 3.7 billion in 2022, at a CAGR of 7.3% according to a new report by MarketsandMarkets™. The reimbursement for fetal monitoring, insurance policies for fetal monitoring services, and the more number of obstetrics and gynaecology centres are the major factors driving the growth of this market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=35700261

Browse in-depth TOC on "Fetal Monitoring Market"
221 - Tables
45 - Figures
246 – Pages

Fetal Monitoring Market Scope:

The ultrasound devices segment accounted for the largest share of the fetal monitoring market, by product segment, in 2021

The fetal monitoring market is segmented into ultrasound devices, electronic maternal/fetal monitors, fetal electrodes, fetal doppler devices, uterine contraction monitors, telemetry devices, accessories & consumables, and other products based on products. In 2021 ultrasound devices segment accounted for the larger share in the market. This segment's growth can primarily be attributed to the rising number of diagnostic clinics and maternity centers.

Non-portable systems segment to register the highest growth rate during the forecast period

Based on portability, the market is segmented into non-portable systems and portable systems. In 2021, non-portable systems accounted for the largest share of this market, owing to wide applications in hospitals and diagnostic centers to assess fetal and maternal health.

Non-invasive method segment accounted for the largest share of the fetal monitoring, by method segment, in 2021

Based on the method, the market is segmented into invasive and non-invasive. In 2021, the non-invasive accounted for the largest share of this market. Non-invasive methods are widely accepted for their safer method of diagnosing and monitoring the fetus, especially in high-risk pregnancies and rising advanced technologies drive the growth of this segment.

Antepartum segment accounted for the largest share of the fetal monitoring, by application segment, in 2021

The market is segmented into antepartum and intrapartum based on application. The antepartum segment accounts for the largest share of the fetal monitoring market. The diagnosis of any congenital fetal abnormalities, antepartum fetal monitoring is carried out during the gestation period. The increasing incidence of fetal anomalies drive the growth of the antepartum segment.

Home care settings to register the highest growth rate during the forecast period

Based on end users the market is segmented into hospitals, obstetrics & gynecology clinics, and home care settings. In 2021, hospitals accounted for the largest share of this market. This growth of this segment can be attributed to the growing number of pregnancy procedures, and availability of highly advanced facilities in hospitals.

North America is the largest regional market for fetal monitoring market

The global fetal monitoring market is segmented into North America, Europe, the Asia Pacific, and the Rest of the World. In 2021, North America was the largest regional market for fetal monitoring. The rising number of premature births in the region are the major factors supporting the growth of the fetal monitoring market in North America. However, the Asia Pacific region offers high-growth opportunities for players in the fetal monitoring market. This regional segment is projected to register the highest CAGR during the forecast period. Factors such as rising birth rates, and healthcare infrastructure improvements in several Asia Pacific countries are factors driving the market growth in the region.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=35700261

Fetal Monitoring Market Dynamics:

Drivers:

1. Rising number of preterm births and increasing adoption of infertility treatment
2. Advanced and innovative fetal monitoring technologies
3. Government initiatives and increasing collaborations for research by health agencies
4. Reimbursement and insurance policies for fetal monitoring services
5. Active product launches by key manufacturers
6. Increasing number of obstetrics and gynecology centers for fetal monitoring

Restraints:

1. High costs of fetal monitoring equipment
2. Availability of refurbished products

Opportunities:

1. Development of non-invasive, portable, and advanced fetal monitors
2. Emerging markets and strengthening infrastructure

Challenges:

1. Product recalls
2. Lack of skilled healthcare professionals

Key Market Players:

The major players operating in this market are Cardinal Health, Inc. (US), Koninklijke Philips N.V. (Netherlands), GE Healthcare (US), Siemens Healthineers (Germany), FUJIFILM SonoSite, Inc. (US), Natus Medical Incorporated (US), Huntleigh Healthcare Limited (UK), The Cooper Companies Inc. (US), CONTEC Medical Systems Co., Ltd. (China), EDAN Instruments, Inc. (China), Neoventa Medical AB (Sweden), Bionet Co., Ltd. (South Korea), Progetti Srl (Italy), TRISMED Co., Ltd. (Republic of Korea), ShenZhen Luckcome Technology Inc. (China), MedGyn Products, Inc (US), Dixion (Germany), Promed Group Co., Ltd. (Hong Kong), Advanced Instrumentations (US), BRAEL-Medical Equipment (Poland), GPC Medical (India), BISTOS (Korea), Mediana Co. Ltd (Korea), Life Plus Medical (India), ChoiceMMed (China), Trivitron Healthcare (India), Dott Medical Co. Ltd. (China), Shenzhen Comen Medical Instruments Co., Ltd. (China), Shenzhen Vcomin Technology Limited (China), Nemo Healthcare (Netherlands), MindChild Medical, Inc. (US), Melody International Ltd. (Japan), Janitri Innovations Pvt. Ltd. (India), and Laerdal Global Health (Norway).

Recent Developments:

• In May 2022, GE Healthcare (US) and Pulsenmore (Israel) signed an agreement to accelerate the adoption of Pulsenmore's home care ultrasound solutions and support their goal to pursue US FDA clearance and commercial expansion.
• In April 2022, ArchiMed Group (France) acquired Natus Medical Incorporated (US) to expand the reach and breadth of Natus' market-leading products, reinforcing the focus on research & development and pursuing acquisitions of complementary businesses.
• In March 2021, CONTEC Medical Systems Co., Ltd. (China) launched CMS1700B Color Doppler Ultrasonic Diagnostic System, which is mainly suitable for the diagnosis of problems in the abdomen, heart, peripheral vessels, breast, obstetrics and gynecology, small organs, urology, muscle, incretion, pediatrics, etc.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=35700261

Browse Adjacent Market: Medical Devices Market Research Reports & Consulting

Related Reports:

Patient Monitoring Devices Market - Global Forecasts to 2027

Newborn Screening Market - Global Forecasts to 2026

IoT Medical Devices Market - Global Forecasts to 2026

Ultrasound Market - Global Forecasts to 2026

Medical Wearables Market - Global Forecasts to 2025

About MarketsandMarkets™:

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/fetal-monitoring-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/fetal-monitoring.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg

SOURCE MarketsandMarkets