The Fetal Monitoring Market is expected to experience significant growth in the forecast period of 2024-2028, according to the TechSci Research report, “Fetal Monitoring Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028.” The market for fetal monitoring is projected to expand over the forecast period, driven by various factors such as the increasing prevalence of cardiopulmonary diseases, non-invasive surgeries, and rising government and non-government initiatives for maternal and fetal health around the world. The market is also being driven by manufacturers’ growing awareness and willingness to invest in the development of fetal monitoring technology, as well as the rise in post-term pregnancy, multiple pregnancy, and premature delivery cases. This market includes devices that examine fetal heart rate, fetal movement, and uterine contractions.
However, the global market for fetal monitoring is expected to face several challenges that could limit its expansion, such as the high cost of equipment, lack of prevailing guidelines, technological constraints, and subjective interpretations.
Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on the “Fetal Monitoring Market.”- https://www.techsciresearch.com/report/fetal-monitoring-market/14962.html
The Fetal Monitoring market is segmented based on product, portability, method, application, and end-use. The ultrasound device segment had the largest market share in 2021 due to a growing number of applications to observe the fetus during pregnancy. This has also led to an increase in the adoption of portable and DIY ultrasound devices for home use, thanks to growing awareness, technological developments, and ease of use.
The market is divided into portable and non-portable system categories based on portability. The non-portable System category dominated the market for fetal monitoring in 2021, accounting for the highest revenue share. Non-portable systems are used in hospitals and are more demanding compared to portable systems.
Based on methods, the market is categorized into invasive and non-invasive. The non-invasive segment leads the growth of the market throughout the forecast period, owing to the increasing incidence of high-risk pregnancies and the launch of non-invasive treatments.
Based on end-use, the market is divided into hospitals & clinics, ambulatory care centers, and homecare. In 2021, the hospitals sector’s revenue share was the highest, owing to the availability of specialists and the presence of cutting-edge technology to improve patient care. Additionally, the high patient load and rising number of neonatal intensive care units in hospitals are fueling segment expansion. The market is divided into hospitals, clinics, and other end-uses.
Major companies operating in the Fetal Monitoring market are:
- 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
- Cardinal Health Inc.
Recent Development
A remote portable ultrasound device was introduced in August 2020 by Pulsenmore Ltd., an Israeli business that produces and sells ultrasound equipment. Pregnant mothers can conduct ultrasound scans at home with the first-ever self-administered ultrasound machine.
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“North America held the largest market share. Due to the enormous demand for technologically improved items, better healthcare delivery is made possible. The establishment of well-equipped NICU facilities and an increase in the number of FDA approvals for these devices are both results of the value-based healthcare strategy. For instance, the FDA granted Nuvo Group’s INVU system, a wearable pregnancy monitoring device, supplementary 510(k) approval in June 2021 so that it could add a new module for the monitoring of uterine activity.This program is anticipated to accelerate market expansion in the United States.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“Fetal Monitoring Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Product (Ultrasound, Device, Fetal Monitors, Uterine Contraction Monitors, Fetal Electrodes, Fetal Doppler Device, Telemetry Device, Accessories and Consumables, Others) By Portability (Portable System and Non-Portable System), By Method (Invasive and Non-invasive), By Application (Antepartum & Intrapartum), By End Use (Hospitals, Obstetrics & Gynecology clinic, Home Care Setting), By Company and By Region, has evaluated the future growth potential of Fetal Monitoring market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Fetal Monitoring market.”
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