Global Fetal Monitoring Market – Research Reports, Industry Trends and Forecast to 2024
Global Fetal Monitoring Market is expected to reach USD 3,245.49 million by 2024 from USD 1,954.00 million in 2016, at a CAGR of 6.7% in the forecast period 2017 to 2024.
The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
The major factors driving the growth of this market are the increasing birth rates and preterm births, technological advancements and new product launch, government and non-government funds for the best facilities.
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Market Segmentation: Global Fetal Monitoring Market
The global fetal monitoring market is segmented on the basis of product type, portability, methods, application, end users and distribution channel. Based on product type, the global fetal monitoring market is segmented into instruments & consumables and software. In 2017, Instruments & Consumables market segment is expected to account for the largest share of 86.5% of the global fetal monitoring market.
On the basis of portability, the global fetal monitoring market is segmented into standalone systems and portable systems. Portable systems are further sub segmented into wearable systems and non-wearable systems. In 2017, the standalone segment is expected to dominate the market with 70.3% market share.
Key Drivers:-
•Fetal monitoring market is growing due to increasing birth rate and pre term births. In 2015, due to preterm birth complications, estimated 1 million deaths occurred among children under 5 years of age.
•Many companies are increasingly focusing on technological advancement of devices in order to strengthen their product portfolios in the fetal monitor market.
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Key Points: Global Fetal Monitoring Market
GE healthcare is going to dominate the global fetal monitoring market following with, Koninklijke Philips N.V., Fujifilm Holding Corporation and Siemens along with others such as Edan Instruments Inc., Neoventa Medical AB, Medtronic, Natus Medical incorporated, Cooper Companies, Inc., MedGyn Products Inc., Dixion, Lutech Industries Inc, Advanced Instruments, Inc, Shenzhen Bestman Instrument Co., Ltd., TRISMED Co., LTD, Progetti Srl, ArjoHuntleigh, Analogic Corporation, Wallach Surgical Devices, OSI System Inc.
•Instruments & consumables market segment is expected to account for the largest share of the global fetal monitoring market. This segment is expected to grow at the highest CAGR in the forecast period 2017 to 2024.
•The non-invasive method is one of the dominating sectors of global fetal monitoring market. This segment is expected to grow at the highest CAGR in the forecast period 2017 to 2024.
TECHNOLOGICAL ADVANCEMENTS AND NEW PRODUCT LAUNCH
Fetal monitoring is the most common and obvious obstetric procedure which is done during the gestation period till the delivery time. However, due to false positive results and miscommunication between providers, sometimes these devices have become very problematic to handle. Technologically advanced invasive and noninvasive monitoring devices are now a day used by various clinics and hospitals which improve accuracy in monitoring fetal heart rate. With the increase in the birth rate and pre term births, it has become vital for companies to manufacture smart and advanced technologies, which offer accurate and proper care to maternal and fetal health. A majority of companies operating in this market are involved in the research and development to manufacture and launch new products that can effectively cater to the needs of patients and enable effective monitoring. This is anticipated to generate growth opportunities for fetal monitor manufacturing companies in the market.
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GOVERNMENT AND NON-GOVERNMENT FUNDS FOR THE BEST FACILITIES
Increasing initiatives by non-government organizations for improving prenatal care facilities are also helping the market to grow. Furthermore, government support in the form of funding also drives the growth of this market. Emerging markets in Asia Pacific regions have opened an array of opportunities for the growth of the fetal monitoring market.
Major Players: Global Fetal Monitoring Market
Some of the major players operating in this market are Siemens, GE healthcare, Edan Instruments Inc., Neoventa Medical AB, Koninklijke Philips N.V., Fujifilm Holding Corporation, Medtronic, Natus Medical incorporated, Cooper Companies, Inc., MedGyn Products Inc., Dixion, Lutech Industries Inc, Advanced Instruments, Inc, Shenzhen Bestman Instrument Co., Ltd., TRISMED Co., LTD, Progetti Srl, ArjoHuntleigh, Analogic Corporation, Wallach Surgical Devices, OSI System Inc. among others.
About Us :-Data bridge Market Research is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune. We ponder into the heterogeneous markets in accord with our clients needs and scoop out the best possible solutions and detailed information about the market trends. Data Bridge delve into the markets across Asia, North America, South America, Africa to name few.
Contact Us:
Data Bridge Market Research
Toll Free: +1-888-387-2818
Mail: sopan.gedam@databridgemarketresearch.com
The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
The major factors driving the growth of this market are the increasing birth rates and preterm births, technological advancements and new product launch, government and non-government funds for the best facilities.
Request For Sample-https://databridgemarketresearch.com/request-a-sample/?dbmr=global-fetal-monitoring-market
Market Segmentation: Global Fetal Monitoring Market
The global fetal monitoring market is segmented on the basis of product type, portability, methods, application, end users and distribution channel. Based on product type, the global fetal monitoring market is segmented into instruments & consumables and software. In 2017, Instruments & Consumables market segment is expected to account for the largest share of 86.5% of the global fetal monitoring market.
On the basis of portability, the global fetal monitoring market is segmented into standalone systems and portable systems. Portable systems are further sub segmented into wearable systems and non-wearable systems. In 2017, the standalone segment is expected to dominate the market with 70.3% market share.
Key Drivers:-
•Fetal monitoring market is growing due to increasing birth rate and pre term births. In 2015, due to preterm birth complications, estimated 1 million deaths occurred among children under 5 years of age.
•Many companies are increasingly focusing on technological advancement of devices in order to strengthen their product portfolios in the fetal monitor market.
Inquiry Before Buying This:-https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-fetal-monitoring-market
Key Points: Global Fetal Monitoring Market
GE healthcare is going to dominate the global fetal monitoring market following with, Koninklijke Philips N.V., Fujifilm Holding Corporation and Siemens along with others such as Edan Instruments Inc., Neoventa Medical AB, Medtronic, Natus Medical incorporated, Cooper Companies, Inc., MedGyn Products Inc., Dixion, Lutech Industries Inc, Advanced Instruments, Inc, Shenzhen Bestman Instrument Co., Ltd., TRISMED Co., LTD, Progetti Srl, ArjoHuntleigh, Analogic Corporation, Wallach Surgical Devices, OSI System Inc.
•Instruments & consumables market segment is expected to account for the largest share of the global fetal monitoring market. This segment is expected to grow at the highest CAGR in the forecast period 2017 to 2024.
•The non-invasive method is one of the dominating sectors of global fetal monitoring market. This segment is expected to grow at the highest CAGR in the forecast period 2017 to 2024.
TECHNOLOGICAL ADVANCEMENTS AND NEW PRODUCT LAUNCH
Fetal monitoring is the most common and obvious obstetric procedure which is done during the gestation period till the delivery time. However, due to false positive results and miscommunication between providers, sometimes these devices have become very problematic to handle. Technologically advanced invasive and noninvasive monitoring devices are now a day used by various clinics and hospitals which improve accuracy in monitoring fetal heart rate. With the increase in the birth rate and pre term births, it has become vital for companies to manufacture smart and advanced technologies, which offer accurate and proper care to maternal and fetal health. A majority of companies operating in this market are involved in the research and development to manufacture and launch new products that can effectively cater to the needs of patients and enable effective monitoring. This is anticipated to generate growth opportunities for fetal monitor manufacturing companies in the market.
Speak To Analyst:- https://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-fetal-monitoring-market
GOVERNMENT AND NON-GOVERNMENT FUNDS FOR THE BEST FACILITIES
Increasing initiatives by non-government organizations for improving prenatal care facilities are also helping the market to grow. Furthermore, government support in the form of funding also drives the growth of this market. Emerging markets in Asia Pacific regions have opened an array of opportunities for the growth of the fetal monitoring market.
Major Players: Global Fetal Monitoring Market
Some of the major players operating in this market are Siemens, GE healthcare, Edan Instruments Inc., Neoventa Medical AB, Koninklijke Philips N.V., Fujifilm Holding Corporation, Medtronic, Natus Medical incorporated, Cooper Companies, Inc., MedGyn Products Inc., Dixion, Lutech Industries Inc, Advanced Instruments, Inc, Shenzhen Bestman Instrument Co., Ltd., TRISMED Co., LTD, Progetti Srl, ArjoHuntleigh, Analogic Corporation, Wallach Surgical Devices, OSI System Inc. among others.
About Us :-Data bridge Market Research is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune. We ponder into the heterogeneous markets in accord with our clients needs and scoop out the best possible solutions and detailed information about the market trends. Data Bridge delve into the markets across Asia, North America, South America, Africa to name few.
Contact Us:
Data Bridge Market Research
Toll Free: +1-888-387-2818
Mail: sopan.gedam@databridgemarketresearch.com