Overview and Scope
Fetal and neonatal monitoring devices are used to assess the fetal heart rate and contractions of the uterus during pregnancy and childbirth.
Sizing and Forecast
The fetal and neonatal monitoring devices market size has grown strongly in recent years. It will grow from $8.22 billion in 2023 to $8.68 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to maternal and neonatal health awareness, healthcare access, high-risk pregnancies, emerging markets growth.
The fetal and neonatal monitoring devices market size is expected to see strong growth in the next few years. It will grow to $10.57 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to telemedicine and remote monitoring, personalized medicine, increased premature birth rates, value-based healthcare. Major trends in the forecast period include non-invasive monitoring, wearable and home monitoring devices, artificial intelligence (ai) and machine learning, data security and privacy.
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Segmentation & Regional Insights
The fetal and neonatal monitoring devices market covered in this report is segmented –
1) By Equipment: Fetal, Neonatal
2) By Portability: Portable, Non Portable
3) By Fetal Care Equipment Type: Ultrasound Devices, Fetal Dopplers, Fetal MRI Systems, Fetal Monitors, Fetal Pulse Oximeters
4) By Neonatal Care Equipment Type: Infant Warmers, Incubators, Convertible Warmers & Incubators, Phototherapy Equipment, Respiratory Devices, Neonatal Monitoring Devices, Diagnostic Imaging Devices
5) By End User: Hospitals, Diagnostic centers, Pediatric Clinics, Ambulatory Surgical Centers
Asia-Pacific was the largest region in the global fetal and neonatal monitoring devices and equipment market in 2023. North America was the second-largest region in the fetal and neonatal monitoring devices and equipment market. The regions covered in the fetal and neonatal monitoring devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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Major Driver Impacting Market Growth
The increasing prevalence of preterm births and the low body weight of infants act as a factor driving the fetal and neonatal monitoring devices market growth. Preterm birth refers to the premature birth of a child before 37 weeks gestation period, which leads to poor health and growth, mental retardation, visual and hearing impairments, cerebral palsy, and others. According to World Health Organization (WHO), around 1 million babies die each year and preterm birth was found to be one of the top reasons for the deaths. According to the report by WHO, nearly 15 million babies are born preterm every year and this number is expected to have a continuous rise shortly. The increasing prevalence and need to reduce infant mortality rates with improving healthcare conditions drive the fetal and neonatal monitoring devices market. For instance, according to the Centers for Disease Control and Prevention (CDC), in 2021 the preterm birth rate in American women was 10.5%.
Key Industry Players
Major companies operating in the fetal and neonatal monitoring devices market include GE Healthcare, Fisher & Paykel Healthcare Limited, Philips Healthcare, Atom Medical Corporation, Natus Medical Incorporated, Analogic Corporation, Phoenix Medical Systems (P) Ltd., Becton Dickinson and Company, Masimo Corporation, Drägerwerk AG & Co. KGAA, CareFusion Corporation, Nonin Medical, Koninklijke Philips N.V., Welch Allyn Inc., Spacelabs Healthcare, Smiths Medical Inc., Getinge AB, FUJIFILM SonoSite Inc., Siemens Healthcare GMBH, Incereb Ltd., Utah Medical Products Inc., OSI Systems, Lutech Industries Inc., Neoventa Medical AB, CardiacDirect, International Biomedical Ltd., Medtronic Plc, Abbott Laboratories, Hill-Rom, Edwards Lifesciences, OMRON, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., CooperSurgical Inc., Huntleigh Healthcare Limited, Nihon Kohden Corporation, Arjohuntleigh Healthcare India Private Limited, Advanced Instrumentations, Dixion Vertrieb medizinischer Geräte GmbH, Mediana Co. Ltd., NCC Medical Co. Ltd.
The fetal and neonatal monitoring devices market report table of contents includes:
1. Executive Summary
- Fetal And Neonatal Monitoring Devices Market Characteristics
- Fetal And Neonatal Monitoring Devices Market Trends And Strategies
- Fetal And Neonatal Monitoring Devices Market – Macro Economic Scenario
- Global Fetal And Neonatal Monitoring Devices Market Size and Growth
- Fetal And Neonatal Monitoring Devices Market Segmentation
- Fetal And Neonatal Monitoring Devices Market Regional And Country Analysis
…………….
- Key Mergers And Acquisitions In The Fetal And Neonatal Monitoring Devices Market
- Fetal And Neonatal Monitoring Devices Market Future Outlook and Potential Analysis
- Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Fetal And Neonatal Monitoring Devices Market, Segmentation By Equipment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Fetal And Neonatal Monitoring Devices Market, Segmentation By Portability, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Fetal And Neonatal Monitoring Devices Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
……………
Table 74: GE Healthcare Financial Performance
Table 75: Fisher & Paykel Healthcare Limited Financial Performance
Table 76: Philips Healthcare Financial Performance
Table 77: Atom Medical Corporation Financial Performance
Table 78: Natus Medical Incorporated Financial Performance
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