USD 3.7 billion
Fetal Monitoring Market Size, Share, Growth Analysis, By Product(Ultrasound Devices (2D Ultrasound, 3D & 4D Ultrasound, Doppler Imaging), Electronic Maternal/Fetal Monitors), By Portability(Non-Portable Systems, Portable Systems), By Method(Non-Invasive Method, Invasive Method), By Application(Antepartum, Intrapartum), By End User(Hospitals, Obstetrics & Gynecology Clinics, Home Care Settings), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG35D2193 |
Region:
Global |
Published Date: October, 2024
Pages:
157
|Tables:
89
|Figures:
76
Fetal Monitoring Market Insights
Fetal Monitoring Market size was valued at USD 3.97 Billion in 2023 and is poised to grow from USD 4.26 Billion in 2024 to USD 7.48 Billion by 2032, growing at a CAGR of 7.3% during the forecast period (2025-2032).
The demand for fetal monitoring is increasing rapidly as it is vital to monitor fetal health due to growing incidences of pregnancy-related complications such as gestational diabetes, hypertension, and preterm labor. With fetal monitoring, it is possible to provide quick interventions and the best solution for complicated deliveries. The new fetal monitoring solutions such as software-based and telemetry solutions are widely adopted in developing and underdeveloped countries. Furthermore, healthcare spending is expected to increase in line with economic growth, which will boost the fetal monitoring market in emerging countries like India and China.
Increasing accuracy and efficiency can be attributed to the technological advancement of fetal monitoring devices, including ultrasound systems, and portable fetal devices, which is positively impacting the growth of this market. The continuous evolution of tools with advanced capabilities such as real-time data interpretation, wireless connectivity, and portability have made monitoring most convenient for the medical providers and expectant mothers. Therefore, technological innovations with cost-efficient devices in the developing countries provide immense opportunity for fetal monitoring market growth.
US Fetal Monitoring Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
clinics
Fastest Growth
clinics
Growth Rate
7.3% CAGR
Global Fetal Monitoring Market ($ Bn)
Country Share for North America Region (%)
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Fetal Monitoring Market Segmental Analysis
Global Fetal Monitoring Market is segmented by Product, Portability, Method, Application, End User, and Region. Based on Product, the market is segmented into Ultrasound Devices (2D Ultrasound, 3D & 4D Ultrasound, Doppler Imaging), Electronic Maternal/Fetal Monitors, Fetal Electrodes, Fetal Doppler Devices, Uterine Contraction Monitors (Internal Uterine Contraction Monitors, External Uterine Contraction Monitors), Telemetry Devices, Accessories & Consumables, Other Products. Based on Portability, the market is segmented into Non-Portable Systems, Portable Systems. Based on Method, the market is segmented into Non-Invasive Method, Invasive Method. Based on Application, the market is segmented into Antepartum, Intrapartum. Based on End User, the market is segmented into Hospitals, Obstetrics & Gynecology Clinics, Home Care Settings. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Fetal Monitoring Market Analysis by Product
Based on product, the fetal monitor segment is dominating with the largest fetal monitoring share. This segment is growing owing to the increasing awareness regarding its importance, along with drastic increase in preterm births and related fetal issues leading to a growth factor for fetal monitors. Additionally, technological improvements making these devices more accurate, mobile, and easy to use is increasing their availability for various use cases in healthcare settings like home. For instance, GE Healthcare was granted FDA 510(k) clearance for Novii+ Wireless Patch Solution in February 2024. This sophisticated monitoring tracks heart rate for both fetus and mother, as well as uterine activity, noninvasively. Its wireless and belt-free design increases maternal mobility which can alleviate discomfort during labor and decrease duration of labor phase.
According to fetal monitoring market analysis, the fetal doppler devices segment is expected to grow with highest CAGR during forecast period. This is primarily owing to affordability and easy usage of these devices. They can be easily used at both in clinical settings and at home. In addition, the rising focus on fetal distress detection at an early stage and increasing preference for home-based monitoring solutions are escalating the demand for fetal doppler devices. Medline Industries, Inc., Bionet Co., Ltd., and Huntleigh Healthcare Limited are some of the key players in fetal doppler devices segment across the globe, leading to the growth of the market.
Fetal Monitoring Market Analysis by Type
Based on type, the non-invasive segment is dominating with the largest fetal monitoring market share during the forecast period. The introduction of advanced ultrasound technologies allowed for a more detailed non-invasive examination of fetal well-being. Portable and user-friendly devices improved accessibility and convenience for more frequent & widespread use in clinical as well as home settings. Moreover, their efforts to ensure patient comfort and safety made them fond of non-invasive techniques as they prevent the likelihood of catching infections and other complications that are associated with invasive methods. Moreover, the increasing emphasis to ensure patient comfort and safety raised the popularity of non-invasive techniques as they prevent the likelihood of catching infections and other complications that are associated with invasive methods. According to an article published by MDPI, pregnant women found the non-invasive fetal electrocardiogram (FECG) more comfortable compared to invasive version.
The invasive segment is witnessing the fastest growth with ab increasing fetal monitoring market size. Invasive equipment methods such as the fetal scalp electrode (FSE) and intrauterine pressure catheter (IUPC) are some of the most important devices that assist the management in high-risk pregnancy and complicated labor situations. Such methods allow for continuous and accurate monitoring of fetal heart rate and uterine contractions and are more reliable than non-invasive techniques, particularly in cases such as maternal obesity or unfavourable fetal position. Further fetal blood sampling and amnioinfusion are performed in assessment of wellbeing or in case of umbilical cord compression. These factors are expected to increase the demand of invasive equipment in the coming years.
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Fetal Monitoring Market Regional Insights
North America is leading with the largest fetal monitoring market share. This is the result of growing technological advancements and a focus on maternal health. The development of advanced monitoring equipment, including non-invasive and wearable devices that provide greater accuracy and real-time data analysis, is expected to boom in the region. Artificial intelligence and machine learning are being included in monitors to help provide predictive analytics and the early detection of potential complications to enable enhanced clinical outcomes and patient care. It should drive the growth of the region during the forecast period. The prominent players included in the North America region are GE Healthcare, The Cooper Companies Inc. and Kononklijke Philips NV.
Asia Pacific is witnessing the fastest growth with an increasing the fetal monitoring market size. The market growth in this region can be explained with the establishment of medical devices companies in the region along with the rapid increase in purchasing power for millions of people, especially from countries including China & India. The market is also expanding fuelled by the increasing prevalence of pregnancies and advancements in the healthcare domain. Asia-pacific is also densely populated, India and China are the most populated countries. As a result, this huge population and high number of pregnancy cases is likely to contribute towards the growth of fetal monitoring market in the region. The market in the region will also grow rapidly owing to the growing medical infrastructure, coupled with extensive presence of local players region that offer profitable opportunities for key players involved in offering fetal monitoring solutions.
Global Fetal Monitoring Market By Geography
- Largest
- Fastest
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Fetal Monitoring Market Dynamics
Fetal Monitoring Market Drivers
Increasing Prevalence of Preterm Birth
- Much research has shown that there is an increase in preterm births mainly owing to hypertension, prolonged pre-labor rupture of membranes, and antepartum hemorrhage due to which fetal monitoring is vital. Problems like multiple gestations, short cervixes, UTI, and placenta previa are also leading to preterm birth, making fetal monitoring significant during pregnancies. According to WHO, almost 15 million preterm births happen each year, and nearly 1 million babies die every year after birth. Furthermore, preterm birth can also happen due to many neurological or physical disabilities, making fetal monitoring extremely important.
Increasing Average Age of Conceiving Leading to Complications
- Nowadays, the problem of delayed childbirth is becoming more pronounced. This is because the older the maternal age, the higher the risks of a variety of pregnancy complications, such as gestational diabetes, preeclampsia, and placental abnormalities. An increased maternal age is also linked to the higher possibilities of chromosomal abnormalities in the fetus, necessitating more frequent and intense monitoring throughout the pregnancy. As a result, healthcare professionals are more dependent on sophisticated technologies of fetal monitoring, which allow to timely detect and address potential issues and ensure the health and safety of the mother and the baby. Therefore, the increasing maternal age and the rise of pregnancy-related complications are one of the principal factors driving the demand for fetal monitoring.
Fetal Monitoring Market Restraints
High Expense of Fetal Monitoring Devices
- The advanced fetal monitoring devices can be expense purchase and maintain. The cost of the initial purchase of the equipment and maintenance could be a huge burden to healthcare facilities in resource-limited settings. The high cost of these devices deters many healthcare providers from adopting or updating their fetal monitoring technology. This the expensive nature of fetal monitoring devices is restraining the market growth.
Increasing Demand for Refurbished Products
- Availability of refurbished fetal monitoring products is the key restraining factor for market growth This is the factors why several small and medium-sized hospitals, especially in cost-sensitive developing countries are going for refurbished systems. Due to cost-effectiveness, many small and medium-sized hospitals prefer refurbished systems, especially in developing countries as they are price-sensitive markets. These factors are causing demand for refurbished fetal monitoring, a fetal monitoring market trend that is likely to develop in the years ahead. This is because they offer similar functionalities to new equipment without the associated cost. This will restrict the sales of companies providing branded fetal monitoring products offering within the market.
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Fetal Monitoring Market Competitive Landscape
The market is fragmented due to the presence of several emerging service providers dominating it. Most of the large and emerging players are using strategies, such as collaborative agreements, acquisitions, partnerships between end-users, and introducing new devices. Innovation in the fetal monitoring industry is boosted by rising demand for non-invasive and real-time monitoring solutions. The market is witnessing rapid advancement due to the fiercely competitive nature of the field pushing companies to extend the boundaries of current capabilities. The industry is also experiencing many partnerships & collaborations. This is because the collaborations are focusing on leveraging advanced technologies to improve patient outcomes.
Fetal Monitoring Market Top Player’s Company Profiles
- General Electric
- Siemens AG
- Cardinal Health, Inc.
- Koninklijke Philips N.V.
- Fujifilm Sonosite, Inc.
- Huntleigh Healthcare Limited
- Natus Medical Incorporated
- The Cooper Companies, Inc.
- Contec Medical Systems Co., Ltd.
- Edan Instruments, Inc.
- Neoventa Medical AB
- Bionet Co., Ltd.
- Progetti SRL
- Trismed Co., Ltd.
- Shenzhen Luckcome Technology Inc., Ltd.
- Medgyn Products, Inc.
- Dixion
- Promed Technology Co., Ltd.
- Advanced Instrumentations
- Brael-Medical Equipment
- GPC Medical Ltd.
- Shenzhen Vcomin Technology Limited
- Bistos Co., Ltd.
- Mediana Co., Ltd.
- Life Plus Healthcare (P) Ltd.
- Choicemmed
- Trivitron Healthcare
- Dott Medical Co. Ltd.
- Shenzhen Comen Medical Instruments Co., Ltd.
- Nemo Healthcare
- Mindchild Medical, Inc.
- Melody International Ltd.
- Janitri Innovations Pvt. Ltd.
- Laerdal Global Health
Fetal Monitoring Market Recent Developments
- In April 2024, GE Healthcare recently released the new Voluson Signature 20 and 18 ultrasound systems featuring AI powered imaging for women’s health. This will enhance the use of artificial intelligence for automated image analysis, which will allow more accurate and efficient ultrasound imaging to be performed by the fetal monitoring equipment.
- In February 2024, GE Healthcare revealed that its Novii+ Wireless Maternal and Fetal Monitoring Equipment System was able to obtain clearance from the FDA. It can now monitor most of the eligible births in the U.S.
- In November 2022, the Cooper Companies Inc., acquired Cook Medical's Reproductive Health division. This is because they specialize on developing minimally invasive medical devices for the fertility, obstetrics and gynaecology markets.
Fetal Monitoring Key Market Trends
- Growing Preference for Portable and Non-Invasive Products: The prominent players in the market are now offering high spectrum, reliable and cost-effective portable and wireless monitoring systems. For instance, in November 2021, the Shantou Institute of Ultrasonic Instruments Co., Ltd. (China) introduced the Apogee 6 series colour doppler ultrasound imaging solutions. The Apogee 6200, Apogee 6300 and Apogee 6500 colour Doppler ultrasound systems presented are designed for cardiac, abdomen, vascular, musculoskeletal, urology, and OB/GYN clinical applications.
- Rising Government Campaigns to Reduce Infant Mortality: Governments are focusing on improving maternal and child health outcomes, and specifically reducing stillbirths and neonatal deaths. As part of these initiatives, government bodies are improving the healthcare infrastructure, increasing awareness towards the need for prenatal care programs and encouraging people to use advanced fetal monitoring technologies. The rising initiatives taken by the government to minimize the infant mortality rate is a key opportunity for the market.
Fetal Monitoring Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the growth for global fetal monitoring industry is expected to be driven by the rising demand for fetal monitoring during pregnancy. Advancement of technologies increased preterm births, and growing birth rate is also propelling the global market. Moreover, the rising incidences of preterm delivery rate, haemorrhage rate, and rise in fetal monitoring supplement demand may positively impact the global market. In addition, the introduction of portable and wireless products and technologies along with unexplored emerging economies have created pathways for the lucrative growth opportunities worldwide.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 3.7 billion |
| Market size value in 2031 | USD 6.97 billion |
| Growth Rate | 7.3% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Fetal Monitoring Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Fetal Monitoring Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Fetal Monitoring Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Fetal Monitoring Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Fetal Monitoring Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Fetal Monitoring Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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