Global Fetal Monitors Industry Size, Growth and Market Forecast to 2025


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.
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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