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