Fetal Monitoring Market expected CAGR is 6.45% during (2020-2030)

Fetal monitoring devices are used to monitor the fetal heart rate, fetal movement pattern, and the fetal growth of during pregnancy. Fetal monitoring is also used to monitor uterine contractions during pregnancy, labor, and delivery. Also, these devices are used to monitor baby’s heart rate to prevent complications during childbirth such as cerebral palsy, newborn seizures, and fetal death.

Fetal Monitoring Market is poised to grow at a CAGR of 6.45% during the forecast period of (2020-2030)

The global fetal monitoring market is expected to witness a CAGR of around 6.% from 2020-2030, as per new report published by Decision Foresight.

According to the report, the major factors driving the growth of the market include the government initiatives for improving maternal/fetal health across the globe, rising company investments in the development of fetal monitors, increase in birth rate, and technological advancements. On the flip side, the limited access of fetal monitoring to the hospitals and clinics in under-developed markets is expected to hinder market growth. Also, the high cost of these monitoring devices, and stringent regulatory approval process is likely to create a negative impact on the market growth.

By method, the non-invasive fetal market is expected to dominate the global fetal monitoring devices market, in 2019. Larger share of the non-invasive devices is attributed to the accurate and real-time images as compared to the invasive devices. Furthermore, rising awareness of maternal/fetal care further complements the growth of the market.

The ante partum segment is expected to account for the largest market share in 2019; Rising incidences of congenital anomalies and availability of technological advanced monitoring devices are favoring the growth of this application segment.

The fetal monitoring market in Asia-Pacific region is expected to register significant growth rate during the forecast period, with the growth of these devices in China, India, and Japan.  Major factors such as increasing birth rate, government initiatives for maternal/fetal care, improving healthcare infrastructure, and expansion of the key industrial players in India are expected to drive the growth of this regional segment during the forecast period.

To sustain their leading position in the global fetal monitoring market, the industry leaders are focusing on introducing new products in order to broaden their product offerings and increase their existing customer base. For instance, in February 2019, Philips introduced the EPIQ Elite ultrasound system for GYN/OB imaging. In May 2017, Philips introduced AI capabilities- TrueVue, GlassVue and aReveal to its Philips EPIQ 7 and 5 and Affinity 70 ultrasound systems. Also, Philips introduced InnoSight touch-screen based diagnostic compact ultrasound for GYN/OB imaging.

Prominent players operating in the global fetal monitoring market include GE Healthcare, Analogic Corporation, Fujifilm Sonosite Inc, Koninklijke Philips N.V., Siemens Healthineers, Medtronic Plc, Arjohuntleigh (subsidiary of Getinge AB), Neoventa Medical AB, Natus Medical Incorporated, and Spacelabs Healthcare (subsidiary of OSI Systems). Apart from these players, other players operating in the global fetal monitoring market include Toshiba Corporation, Dragerwerk AG, Invacare, Smiths Medical, American Home Patient, Inc., Johnson and Johnson, Wallach Surgical Devices, Inc., Sunray Medical Apparatus Co., Ltd., Bionet, Trismed, and Edan Instruments, Inc.

Browse key insights, market data & figures from report “Fetal Monitoring Market by Product {Ultrasound (2D, 3D & 4D, and Doppler Imaging), Intrauterine Pressure Catheter (IUPC), Telemetry Solutions, Electronic Fetal Monitoring (EFM) (External & Internal), Fetal Electrodes, Fetal Doppler, Accessories & Consumables, and Other Products}, Method (Invasive and Non-Invasive), Portability (Portable and Non-Portable), Application (Intrapartum Fetal Monitoring and Antepartum Fetal Monitoring) and By Region (US, Canada, Mexico, Germany, UK, France, Japan, China, India, and Rest of the World), Growth potential, Price Trends, Competitive  Market Share & Forecast, 2020-2030”

Market Segmentation

This research reports segments the global fetal monitoring market by product, method, application, end user, and region

By Product

• Ultrasound
  • 2D Ultrasound
  • 3D & 4D Ultrasound
  • Doppler Imaging
• Intrauterine Pressure Catheter (IUPC)
• Telemetry Solutions
• Electronic Fetal Monitoring (EFM)
  • External EFM
  • Internal EFM
• Fetal Electrodes
• Fetal Doppler
• Accessories & Consumables
• Other products

By Method

• Invasive
• Non-Invasive

By Portability

• Portable
• Non-Portable

By Application

• Intrapartum Fetal Monitoring
• Antepartum Fetal Monitoring

By End User

• Hospitals
• Clinics
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific
  • Japan
  • China
  • India
  • Australia
  • Rest of Asia-Pacific
• Rest of the World (RoW)
  • Brazil
  • Saudi Arabia
  • South Africa
  • Turkey
  • Rest of LAMEA