Fetal Monitoring Market 2021 Size, Share Industry Trends, Growth, Development Status, Future Plans Analysis by 2030

The Global Fetal Monitoring market size valued to USD 2.94 billion in 2019, and is predicted an elevation up-to USD 5.38 billion by 2030, witnessing a CAGR of 5.50% from 2020-2030.

Fetal monitoring system incorporates a set of diagnostic devices used to monitor the overall development of fetus in mother’s womb, during the regular-checkups conducted as a part of antenatal care to prevent potential health problems through all trimesters, hence ensuring the welfare of both mother and child. These diagnostic devises monitor the heart rate, movement pattern and body measures of the fetus, as well as uterine contractions during pregnancy, labor, and delivery. Fetal monitoring plays a vital role in continuous monitoring of the fetal heart rate during child-birth, to prevent casualties like brain damage, cerebral paralysis, newborn seizures, or fetal demise.

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Competitive Landscape

Comprehensive competitive analysis and profiles of the major market players such as GE Healthcare, Analogic Corporation, Fujifilm Sonosite, Inc., Koninklijke Philips N.V., Siemens Healthcare, Medtronic Plc, Arjohuntleigh, Neoventa Medical AB, Natus Medical Incorporated, Spacelabs Healthcare, and others are incorporated in the fetal monitoring market report.

The past endeavors, present developments and futuristic advancements, sum-up to comprehend the overall fetal monitoring market growth. For instance, in January 2020, one of the key players of the global fetal monitoring market Philips N.V., collaborated with the United Nations Population Fund and the Government of Republic of the Congo to reduce maternal and newborn mortality rates in the country’s health facilities, especially in remote areas. The collaboration aims at developing the ‘Emergency obstetric and newborn care’ (EmONC) program that will reach more than 500,000 women and 70,000 newborns, improving access to high quality and affordable maternal, neonatal and child healthcare facilities. The, health facilities in remote parts shall be equipped with solar power systems, ultra-portable ultrasound, and fetal monitoring devices for the midwives and doctors, to cope with emergency obstetric situations, high-risk pregnancies, and neonatal care.

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Market Segmentations and Scope of the Study:

The fetal monitoring market share analysis is based on application, end user, and geography.

Based on product, the market is segmented into ultrasound, intrauterine pressure catheter (IUPC), electronic fetal monitoring (EFM), telemetry solutions, fetal electrodes, fetal doppler, accessories & consumables, and other. The ultrasound segment is further divided into 2D ultrasound, 3D & 4D ultrasound, and doppler imaging. Based on the method, the market covers invasive and non-invasive. Based on portability, the fetal monitoring market is bifurcated into portable and non-portable. Based on application, the market is divided into intrapartum fetal monitoring and antepartum fetal monitoring. Based on the end user, the market covers clinics, hospitals, and others. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America region dominated the global fetal monitoring market in the past, and is expected to maintain its dominance throughout the forecast period, accounting for the highest market shares. This is attributed to factors such as well-established healthcare infrastructures, higher adoption of advanced medical technologies, higher investments in R&D activities, presence of key players and cutting-edge product launches.

Asia-Pacific represents the second-largest growing region in the global fetal monitoring market offering lucrative opportunities, growing at with the highest CAGR values. The factors fostering the market growth in this region are majorly, increasing government & non-government initiative towards maternal & fetal welfare, increasing awareness towards child-birth and safe-pregnancy, increase in per-capita disposable income as well as constant development in the healthcare infrastructures.

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