Intrapartum Monitoring Devices Market Expected to Reach $1.6 Billion by 2031—Allied Market Research

According to a new report published by Allied Market Research, titled, “Intrapartum Monitoring Devices Market," The intrapartum monitoring devices market was valued at $0.82 million in 2021, and is estimated to reach $1.6 billion by 2031, growing at a CAGR of 7% from 2022 to 2031.

Intrapartum fetal monitoring to assess fetal well-being during the labor and delivery process has been a central component of intrapartum care. Moreover, technique like electronic fetal monitoring (EFM) is the most common method used to assess the fetus during labor without substantial evidence to suggest a benefit. Despite the lack of scientific support to suggest that electronic fetal monitoring reduces adverse neonatal outcomes, its use is almost universal in the hospital setting has contributed to the rise in cesarean rate. 

The growth of the global intrapartum monitoring devices market is expected to be driven primarily by Intrapartum Monitoring Devices Market Trends such as rising prevalence of premature births resulting into various complications related to child birth, rising high birth rate in developing and developed countries, and fatalities that involve preterm births. Many pregnant women can be benefited by the use of intrapartum monitoring devices for monitoring the heart rates of the fetus and maternal health. Hence, increase in demand for safe and effective monitoring of the maternal health is fueling the growth of the market. Moreover, increase in awareness of at home monitoring devices, rise in the adoption of advanced technologies and growth in the expenditure from the government authorities boost the research activities which, in turn, drive the growth of the market.  Moreover, launch of new products with the advancement such that it fulfills the need of the hour and various other strategies like agreement, acquisition and product approval by the market players helped boost the growth of the market in the coming years. For instance, in June 2019, Clinical Computer Systems, Inc., a provider of electronic fatal surveillance services, announced a cooperation agreement with the Huntleigh Healthcare Limited, the supplier of high-quality medical equipment, to sell OBIX BeCA Fetal Monitor in the U.S. However, high cost of equipment, lack of intervening guidelines and technological limitations for the monitoring device are expected to hinder the growth of the market. Conversely, rise in number of R&D investment by medical devices is expected to create lucrative opportunities for the market. 

The intrapartum monitoring devices market is segmented on the basis of product type, method, end user and region. On the basis of product type, the Intrapartum Monitoring Devices Market Shareis bifurcated into monitors and electrodes. On the basis of method, the market is classified into invasive and non-invasive. On the basis of end user, the market is classified into hospitals, maternity centers and others. Region wise, the market is studied across North America, Europe, Asia-Pacific and LAMEA. 

On the basis of product type, the electrodes segment is projected to exhibit the fastest market growth during the forecast period, owing to increase in the adoption of the electrodes for effectively monitoring the maternal and fetal health and rise in the number of patients of preterm births. The main advantage of monitors is to identify fetuses that are being inadequately oxygenated, enabling appropriate action before the occurrence of injury. This type of advantage of using the monitoring devices can help in the adoption thereby increasing the growth of the market. 

On the basis of method, the invasive segment is anticipated to grow at the highest rate, owing to upsurge in demand of non-invasive technology of the monitoring the patient. Intrapartum monitoring is performed to assess the fetus during labor without substantial evidence to suggest a benefit. Hence, to name any applications of non-invasive methods is that it can help in the assessment of the fetal health along with the maternal health. Moreover, rise in awareness regarding the use of intrapartum monitoring devices among the maternity centers contribute toward the growth of the Intrapartum Monitoring Devices Market Size.  

On the basis of end user, the maternity centers segment is anticipated to grow at the highest rate, owing to upsurge in demand of intrapartum monitoring among the maternity centers. Moreover, increase in number of maternity centers, rise in cases of preterm births and advancements in monitoring devices countries contribute toward the Intrapartum Monitoring Devices Market Growth.   

On the basis of region, the market is studied across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and Rest of LAMEA). In 2021, North America was the dominant region and is expected to remain dominant throughout the forecast period, owing to high expenditure in the research and development activities by the market players, increase in the number market players present in the Intrapartum Devices Industry and surge in the product launches in the region. However, Asia-Pacific is expected to witness the highest CAGR during the analysis period, owing to increase in the number of hospital visits for intrapartum procedures which helps accelerate the demand for intrapartum monitoring devices. 

Key Findings Of The Study 

• By product type, the monitors segment accounted for major share of the intrapartum monitoring devices market in 2021.  

• By method, the non-invasive segment accounted for major share of the intrapartum monitoring devices market in 2021. 

• By end user, the maternity centers segment is anticipated to grow with the highest CAGR throughout the forecast period. 

• By region, North America occupied major share of the intrapartum monitoring devices market in 2021.