Fetal Monitoring Market Growth by Top Companies with Forecast 2030 – GE Healthcare, Analogic Corporation, Fujifilm Sonosite, Inc

The Global Fetal Monitoring market size valued to USD 2.94 billion in 2019, and is predicted an elevation up-to USD 5.38 billion by 2030, witnessing a CAGR of 5.50% from 2020-2030.

Fetal monitoring system incorporates a set of diagnostic devices used to monitor the overall development of fetus in mother’s womb, during the regular-checkups conducted as a part of antenatal care to prevent potential health problems through all trimesters, hence ensuring the welfare of both mother and child. These diagnostic devises monitor the heart rate, movement pattern and body measures of the fetus, as well as uterine contractions during pregnancy, labor, and delivery. Fetal monitoring plays a vital role in continuous monitoring of the fetal heart rate during child-birth, to prevent casualties like brain damage, cerebral paralysis, newborn seizures, or fetal demise.

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Top Companies: GE Healthcare, Analogic Corporation, Fujifilm Sonosite, Inc., Koninklijke Philips N.V., Siemens Healthcare, Medtronic Plc, Arjohuntleigh, Neoventa Medical AB, Natus Medical Incorporated, Spacelabs Healthcare

Market Dynamics and Trends

According to the data provided by the World Health Organization on Maternal Mortality, 810 women died from preventable causes related to pregnancy and childbirth, in the year 2017. The global fetal monitoring market observes is observing a substantial growth from past few years due to increasing government initiatives for welfare of mother and child, during the pre-partum, child-birth and post-partum period. Besides factors such as increasing awareness about maternal & fetal health, growing contributions by government & non-government organizations, and advancements in medical technologies, are expected to supplement the market growth in coming future.

Furthermore, increasing rates of still-births, pre-mature deliveries, multiple-pregnancies, and fetal birth-defects, tend to emphasize more on fetal monitoring, at all stages of pregnancy, hence contributing to the overall fetal monitoring market growth.

However, cost-effectiveness of such equipment’s, lack of fundamental guidelines, technological restraints, and variation in data interpretations at individual levels, are expected to hamper the fetal monitoring market growth during the forecast period.

Moreover, inclination of manufacturers in manufacturing advanced monitoring devices, for the welfare of mother & child, untapped opportunities evolving from the emerging economies, technological advancement regarding non-invasive surgeries as well as favorable government initiatives to provide sheltered birth, especially in remote areas, are anticipated in propagating the growth of the global fetal monitoring market in coming future.

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Market Segmentations and Scope of the Study:

The fetal monitoring market share analysis is based on application, end user, and geography.

Based on product, the market is segmented into ultrasound, intrauterine pressure catheter (IUPC), electronic fetal monitoring (EFM), telemetry solutions, fetal electrodes, fetal doppler, accessories & consumables, and other. The ultrasound segment is further divided into 2D ultrasound, 3D & 4D ultrasound, and doppler imaging. Based on the method, the market covers invasive and non-invasive. Based on portability, the fetal monitoring market is bifurcated into portable and non-portable. Based on application, the market is divided into intrapartum fetal monitoring and antepartum fetal monitoring. Based on the end user, the market covers clinics, hospitals, and others. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America region dominated the global fetal monitoring market in the past, and is expected to maintain its dominance throughout the forecast period, accounting for the highest market shares. This is attributed to factors such as well-established healthcare infrastructures, higher adoption of advanced medical technologies, higher investments in R&D activities, presence of key players and cutting-edge product launches.

Asia-Pacific represents the second-largest growing region in the global fetal monitoring market offering lucrative opportunities, growing at with the highest CAGR values. The factors fostering the market growth in this region are majorly, increasing government & non-government initiative towards maternal & fetal welfare, increasing awareness towards child-birth and safe-pregnancy, increase in per-capita disposable income as well as constant development in the healthcare infrastructures.

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