Zion Market Research, the market research group announced the analysis report titled ‘Fetal Monitoring Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024’
Global Fetal Monitoring Market: Overview
A diagnostic tool used to monitor movement and the heart rate of the fetus and maternal contractions is known as the fetal monitoring system. It is a fundamental device used for monitoring uterine contractions during labor. It mainly monitors the well-being of the fetus and progress of labor. In medical terms, it is referred as the medical method to check the health of an unborn baby to ensure a safe birth. In addition, it also used to monitor chronic lung diseases, mental retardation, neonatal diseases, hypothermia, vision & hearing problems, and jaundice.
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Global Fetal Monitoring Market: Growth Factors
The increase in demand for fetal monitoring during pregnancy is anticipated to drive the global fetal monitoring market growth. Technological advancements and surge in preterm births and birth rates are expected to propel the global market growth in future. In addition, growth in the premature delivery rate, hemorrhage rate, and surge in the need for fetal monitoring supplement may enhance the global market in a positive way. Furthermore, the emergence of the portable and wireless products, and technologies, and untapped emerging economies have opened up gateways for the lucrative growth opportunities globally. Conversely, stringent regulatory procedures, low prevalence of birth rates, the high cost of equipment may obstruct the global fetal monitoring market.
Global Fetal Monitoring Market: Segmentation
The global fetal monitoring market is divided based on the end user as clinics, hospitals, and others. Based on portability, the global market is categorized as non-portable and portable. Based on application, the global fetal monitoring market is further fragmented as antepartum fetal monitoring and intrapartum fetal monitoring. Moreover, the global market is classified on the basis of technique as non-invasive and invasive. Furthermore, the global fetal monitoring market is segmented on the basis of the product as instruments & consumables software.
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Global Fetal Monitoring Market: Regional Analysis
Asia Pacific is the leading region in the global fetal monitoring market due to increasing healthcare awareness and augmented disposable income; this is anticipated to drive the global market growth. Additionally, India and China are more promising markets owing to increased number of hospitals and large population pool. North America is another region growing at a significant rate. It is considered as one of the largest revenue generating regions for the global fetal monitoring market. Rising patient awareness levels, better reimbursement policies, and technological advancements in this region are projected to propel the global market growth in the near future. Furthermore, constant development in healthcare infrastructure, favorable government initiative towards the development of healthcare infrastructure, and increasing per capita income are the key factors responsible for the growth of the global fetal monitoring market.
Global Fetal Monitoring Market: Competitive Players
Major players dominating the global fetal monitoring market are Siemens Healthcare, GE Healthcare, Neoventa Medical AB, and Fujifilm Sonosite, Inc. Other players influencing the global market include Philips Healthcare, Spacelabs Healthcare, Analogic Corporation, Natus Medical Incorporated, Arjohuntleigh, and Medtronic Plc.
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Fetal Monitoring Market by Geographical Analysis: North America( U.S.), Europe( UK, France, Germany), Asia-Pacific (China, Japan, India), Latin America( Brazil), Middle East and Africa
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