26th
December 2018: Global Fetal Monitors Market is expected to gain a positive CAGR
in the forthcoming period. Fetal monitoring is an important diagnostic tool to
inspect fetal health. Fetal monitoring can happen in several ways, but the cost
for most devices is still much higher. There exist various methods of fetal
monitoring namely, intermittent auscultation, cardiotocography and umbilical
artery monitoring. Fetal monitoring is also needed for other applications such
as diagnosis for hypothermia, jaundice management etc, thus fetal care devices
and fetal monitoring are some vital tools used to prevent fetal diseases.
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Driving factors responsible for the growth of fetal monitors
market includes rise in technological advancement, rise in number of twins due
to growth in fertility treatment and multiple pregnancies. Multiple pregnancies
are more likely to result in premature births and further risk for fetuses.
However, low birth rate in some regions limit the growth of the market. Based on segmentation by type, fetal monitors
market includes fetal monitors and neonatal monitors. Fetal monitor is further
bifurcated into antepartum fetal monitors and intrapartum fetal monitors. Based
on segmentation by product, the market includes consumables & instruments.
Instruments is further segmented into ultrasound & ultrasonography, fetal
electrodes, electronic fetal monitoring, fetal Doppler, contraction monitor and
telemetry solutions.
Geographically, fetal monitors market spans North America, Latin
America, Europe, Asia-Pacific, Middle-East and Africa. North America accounts
for major share in the global market owing to growth in technological
infrastructure, rise in patient awareness levels and growth in funding. APAC
market is also expected to gain a positive CAGR growth in the forthcoming
period owing to lucrative growth and continuous development in healthcare
infrastructure and government reimbursement towards healthcare infrastructure.
The key players in the fetal monitors market include GE Healthcare, Koninklijke
Philips N.V., Spacelabs Healthcare, Dragerwerk AG & Co and KGA.
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