Fetal Monitoring Market to Grow at 5.50% CAGR by 2030

25-Oct-2024

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Fetal Monitoring Market to Grow at 5.50% CAGR by 2030

Continuously rising demand for fetal monitoring during pregnancy, increasing birth rate, and increasing awareness among the people are the major factors that are expected to drive the growth of the Fetal Monitoring industry during the forecast period of 2020-2030.

The Fetal Monitoring Market is expected to witness a CAGR of around 5.50% from 2020-2030, as per a new report published by Next Move Strategy Consulting.

According to the report, the continuous emergence of portable & wireless products and untapped developing economies are expected to change the fetal monitoring market trends. Continuously rising demand for fetal monitoring during pregnancy, increasing birth rate, and increasing awareness among the people have driven the growth of the fetal monitoring market. Rapid technological advancements and a surge in preterm births and birth rates are expected to boost the growth of the global fetal monitoring market in the future. Moreover, growth in the premature delivery rate and surge in the need for fetal monitoring supplement may enhance the global fetal monitoring market positively. On the other hand, strict regulatory rules for the device and the high cost of the devices may slow the growth of the fetal monitoring market.

On the basis of Product, the global market is segmented into ultrasound, telemetry solutions, Electronic Fetal Monitoring (EFM), fetal electrodes, fetal doppler, and accessories & consumables. The ultrasound segment dominates the global fetal monitoring market by product owing to the advancement in technology, which has improved the efficiency of the devices. Various advantages over other available devices and the accuracy of the products have boosted the growth of the segment.

Based on the method, the market is segmented into invasive, and non-invasive. Noninvasive is among the potential markets owing to increasing preferences for non-invasive techniques for surgery. The noninvasive segment will possess a huge opportunity soon.

Based on end users, the market is segmented into hospitals, clinics, and others. The hospital holds the major share in the market. Hospitals accounted for the largest fetal monitoring market share and it is expected to maintain its lead during the forecast period.

According to the report, some of the key players in this market are Koninklijke Philips N.V., GE Healthcare, Spacelabs Healthcare, Toshiba Corporation, Siemens Healthcare, Neoventa Medical AB, Natus Medical Incorporated, Medtronic Plc, Arjohuntleigh, Dragerwerk AG, Invacare, Smiths Medical, American Home Patient, Inc., Johnson and Johnson, Analogic Corporation, Fujifilm Sonosite, Inc., Sunray Medical Apparatus Co., Ltd., Bionet, Wallach Surgical Devices, Inc., Trismed, and Edan Instruments, Inc.

Browse key industry insights from the report in detail along with the table of contents: Fetal Monitoring Market Size, By Product (Ultrasound, Telemetry Solutions, Electronic Fetal Monitoring (EFM), Fetal Electrodes, Fetal Doppler, Accessories & Consumables), By Method (Invasive, Non-Invasive), By Portability (Portable, Non-Portable), By Application (Intrapartum Fetal Monitoring, Antepartum Fetal Monitoring), By End User (Hospitals, Clinics), Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030

Key Insights from the Fetal Monitoring Market Report:

  • North America dominates the global market owing to the high awareness, increasing support, and high healthcare spending
  • Koninklijke Philips N.V., GE Healthcare, Spacelabs Healthcare, Toshiba Corporation, Siemens Healthcare, and Neoventa Medical AB are among the major players in the global market
  • The ultrasound segment dominates the global market by product

The report fetal monitoring market is segmented by products, method, portability, end users, and geography.

Get a free sample of the Fetal Monitoring Market report

About Next Move Strategy Consulting

Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to delivering high-quality, market research reports that help multinational companies to triumph over their competition and increase their industry footprint by capturing greater market share. Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics.

We have been servicing over 1000 customers globally including 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high-growth markets and identifying hidden opportunities in each sector or industry. We provide one of the industry’s best-quality syndicates as well as custom research reports across 10 different industry verticals. We are committed to delivering high-quality research solutions in accordance to your business needs. Our industry-standard delivery solutions range from pre-consultation to after-sales services, provide an excellent client experience, and ensure the right strategic decision-making for businesses.

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