Fetal Monitoring Market Report, Size with Growth Research 2021 - Comprehensive Insights 2027

A comprehensive overview of the Fetal Monitoring market is recently added by UnivDatos Market Insights to its humongous database. The Fetal Monitoring market report has been aggregated by collecting informative data of various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Fetal Monitoring market. The Fetal Monitoring market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the Fetal Monitoring market at the global and regional levels.

Market Overview

The growth of this market is driven owing to the escalating prevalence of preterm births, favorable government policies, advanced technologies of fetal monitoring systems, and active product launches. For instance, according to World Health Organization, stated in 2018, approximately 15 million preterm babies are born each year (before 37 weeks of gestation), which is more than 1 out of 10 infants and this number is increasing per year. In 184 nations, preterm birth rates vary from 5% to 18% of infants born. Increase in preterm birth worldwide is one of the major factors in driving the market. Also, the development of noninvasive, portable, and advanced fetal monitors and emerging markets and strengthening infrastructure are anticipated to offer an opportunity for the growth of the market during the forecast period.

The medical devices companies are focusing more on manufacturing advance products, which is expected to augment the market growth in coming years. The growing focus on research and technological developments of non-invasive monitoring procedures, such as Doppler studies, fetal acid-base status, cell-free fetal DNA assessment, and electronic fetal monitoring (EFM) has led to the growing adoption of fetal monitoring systems by obstetricians. Furthermore, computer-aided decision support systems and Artificial Intelligence (AI) are being adopted for fetal heart rate (FHR) or continuous cardiotocography (CTG) at the time of labor. Also, fetal monitoring is presently being streamlined for better performance during utero-fetal surgeries. Additionally, Fetal phonocardiography has been incorporated, along with enhanced data acquisition systems to enhance the proficiency of fetal data monitoring. All these technologies have led to the growth of the global fetal monitoring market.

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COVID-19 Impact

The coronavirus pandemic has compelled regulatory bodies, such as the FDA, to ease their regulatory norms for fetal monitors to support the uninterrupted care regime of expectant mothers. Relaxations in rules have paved the way for several key players to smoothly launch fetal monitors equipped with tele-ultrasound monitoring, noninvasive features, and portable technologies. For instance, the FDA released its updated April 2020 FDA guidance amid the pandemic, under which Philips successfully launched its fetal monitor, Avalon CL, in the US on June 12, 2020. The FDA’s enforcement policy for noninvasive fetal and maternal monitoring devices aims to increase access to devices that could reduce the need for in-clinic visits and reduce the burden on doctor’s offices and hospitals during the pandemic.

Global Fetal Monitoring Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

By Product, the market is primarily bifurcated into

• Ultrasound Devices
• Electronic Maternal/Fetal Monitors                        
• Uterine Contraction Monitors
• Fetal Electrodes               
• Fetal Doppler Devices                   
• Accessories and Consumables
• Others

Amongst all the products, the ultrasound devices segment dominated the global Fetal Monitoring market and will row at X% CAGR to reach USD X million by the year 2027 on the back of technological advancements, increasing congenital anomalies, maternal mortality, and rising regulatory approvals. Ultrasound has thereby established itself as an indispensable part of maternal care regimen.

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By Application, the market is primarily segmented into

• Antepartum
• Intrapartum

Based on application, the market can be divided into intrapartum and antepartum. Out of these, the antepartum segment holds the largest market share. The antepartum segment has increased significantly as a result of the increased prevalence of fetal defects, recent product launches, technical breakthroughs, maternal mortality campaigns and programs, and extensive monitoring regimes. Moreover, the antepartum application is carried out throughout the entire gestation period to detect anomalies in the fetus and uterine environment, which in turn is contributing to the growth of the antepartum segment.

On the other hand, intrapartum segment is estimated to grow substantially during the forecast period due to favorable guidelines by healthcare authorities.

Fetal Monitoring Market Geographical Segmentation Includes:

• North America (United States, Canada and Rest of North America)
• Europe (Germany, United Kingdom, Italy, France, Spain, and Rest of Europe)
• Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific)
• Rest of the World

Based on the estimation, the North America region dominated the Fetal Monitoring market with almost USD X million revenue in 2020. At the same time, Asia Pacific region is anticipated to witness highest growth over the next 5 years this can be attributed to factors such as continuous development of healthcare infrastructure in countries such as China, South Korea, and Japan, as well as rising per capita income and favorable government initiatives aimed at improving healthcare services. Furthermore, high R&D investment by the global players and the presence of unexplored opportunities in this region serve as high growth rendering drivers.  

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The major players targeting the market includes

• Cardinal Health, Inc.
• Koninklijke Philips N.V.
• GE Healthcare
• Siemens Healthineers
• FUJIFILM SonoSite, Inc.
• Natus Medical Incorporated
• Huntleigh Healthcare Limited
• The Cooper Companies Inc.
• CONTEC Medical Systems Co., Ltd.
• EDAN Diagnostics, Inc.

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Fetal Monitoring market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the Fetal Monitoring market?

• Which factors are influencing the Fetal Monitoring market over the forecast period?

• What are the global challenges, threats, and risks in the Fetal Monitoring market?

• Which factors are propelling and restraining the Fetal Monitoring market?

• What are the demanding global regions of the Fetal Monitoring market?

• What will be the global market size in the upcoming years?

• What are the crucial market acquisition strategies and policies applied by global companies?

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