Global Fetal Monitoring Market

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 2024-2031


Report ID: SQMIG35D2193 | Region: Global | Published Date: October, 2024
Pages: 157 | Tables: 89 | Figures: 76

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.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Fetal Monitoring Market size was valued at USD 3.7 billion in 2022 and is poised to grow from USD 3.97 billion in 2023 to USD 6.97 billion by 2031, at a CAGR of 7.3% during the forecast period (2024-2031).

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. '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'

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.  

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. 

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. 

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Fetal Monitoring Market

Report ID: SQMIG35D2193

$5,300
BUY NOW GET FREE SAMPLE