Fetal Monitoring Market Overview:
Global fetal monitoring market was valued at $2,206 million in 2015, and is expected to reach $3,584 million in 2022, registering a CAGR of 7.1% from 2016 to 2022. Fetal monitoring consists of diagnostic devices utilized to monitor the fetal heart rate, fetal movement pattern, and the overall fetal growth during pregnancy. These devices are also used to monitor uterine contractions during pregnancy, labor, and delivery. Fetal monitoring is used to observe the baby’s heart rate to intervene and prevent complications during child birth such as brain damage, cerebral palsy, newborn seizures, or fetal death. The demand for fetal monitoring has increased significantly in the past few years, owing to the perpetual need to reduce intrapartum stillbirths. In addition, active government and nongovernment participation for improving maternal and fetal health worldwide has raised the demand for fetal monitoring devices. Moreover, increase in number of preterm births, post-term pregnancy, multiple pregnancy, and premature delivery cases has supplemented the market growth.
Global Fetal Monitoring Market Segmentation
The fetal monitoring market is segmented based on product, method, application, portability, end user, and geography. Based on product type, the market is divided into ultrasound, intrauterine pressure catheter (IUPC), telemetry solutions, electronic fetal monitoring (EFM), fetal electrodes, fetal Doppler, accessories & consumables, and others. The ultrasound segment occupied dominant share in 2015, and is expected to maintain its lead during the forecast period, owing to technological advancements in ultrasound technologies, which have improved diagnosis and evaluation of fetal abnormality. Numerous advancements have been witnessed in the ultrasound technology such as improved Doppler ultrasonography, leading to improved outcomes for pregnancies at high risk.
Drivers, Restraints, and Opportunities
The impact of the driving factors is expected to surpass that of the restraints. Moreover, emergence of portable & wireless products and untapped developing economies are expected to provide new growth opportunities to fetal monitoring devices manufacturers in the near future.
Drivers, Restraints, and Opportunities
The number of preterm births is increasing continuously, resulting in medical complications. This situation can be dealt with the use of fetal monitoring devices such as auscultation and fetal electrodes. Thus, obstetricians utilize these devices to curtail premature deaths of infants.
Preterm Births Key Statistics
The key players operating in the global fetal monitoring market include GE Healthcare, Analogic Corporation, Fujifilm Sonosite, Inc., Koninklijke Philips N.V., Siemens Healthcare, Medtronic Plc, Arjohuntleigh (subsidiary of Getinge AB), Neoventa Medical AB, Natus Medical Incorporated, and Spacelabs Healthcare (subsidiary of OSI Systems).
Other prominent players in the value chain 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.
Key Market Benefits
- The study provides an in-depth analysis, current trends, and future estimations of the global fetal monitoring market to elucidate the imminent investment pockets.
- Comprehensive analysis of factors that drive and restrict the market growth is provided.
- Comprehensive quantitative analysis of the industry from 2014 to 2022 is provided to enable stakeholders to capitalize on the prevailing market opportunities.
- Extensive analyses of key segments of the industry help to understand the types of products and technologies used across various geographies.
- Key market players along with their strategies are provided to understand the competitive outlook of the market.
Fetal Monitoring Market Key Segments
The global fetal monitoring market is segmented into product, technique, portability, application, end user, and geography
- 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
- Intrapartum Fetal Monitoring
- Antepartum Fetal Monitoring
By End User
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Saudi Arabia
- South Africa
- Rest of LAMEA