2nd
November 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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