Global Market Scope In The Fetal And Neonatal Monitoring Devices Market
• The global fetal and neonatal monitoring devices market is segmented on the basis of equipment, portability and end-users
• The global fetal and neonatal monitoring devices market is expected to reach XX USD Mn by 2024 with a growing CAGR of XX% from 2018 to 2024
• The report covers in-detail insights about the competitor’s overview, key findings and their key strategies
Fetal and neonatal monitoring devices enable provide best care to newborns and fetus. These help in monitoring of heart rate, oxygen saturation, ECG, blood pressure and others. Fetal and neonatal monitoring is important in providing noninvasive and developmental care for the fetus and neonates.
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Global fetal and neonatal monitoring devices market is driven by the rise in premature births and increase in demand for neonatal care. In addition rise in demand for home care products for neonates and funding of government and non-government agencies for improvement of neonatal care are expected to boost the market growth. Furthermore, technological advancements such as introduction of wireless neonatal monitors and raising awareness about the neonatal care are expected to bolster the global fetal and neonatal monitoring devices market. However, high cost of products, lack of trained and skilled professionals and stringent regulatory procedures are expected to hinder the market growth.
The global fetal and neonatal monitoring devices market is divided into following categories-
1. Equipment
• Fetal
o Heart Rate Monitors
o Pulse Oximeters
o Uterine Contraction Monitor
o Others
• Neonatal
o Cardiopulmonary Monitor
o Blood Pressure Monitor
o Others
2. Portability
• Portable
• Non Portable
3. End-users
• Hospitals
• Neonatal Care Centers
And lastly, on the geographical regions, global fetal and neonatal monitoring devices market is segmented into following regions- North America, Asia Pacific, Latin America, Middle East & Africa, and Europe.
North America market is expected to grow at significant rates owing to growing demand for the neonatal care exponent and rising preterm births.
Europe fetal and neonatal monitoring devices market is expected to grow at significant rate owing to growing awareness in neonatal and fetal care and developing healthcare funding by the government.
Asia Pacific is expected to have lucrative growth opportunity owing to developing healthcare infrastructure and rising rates of preterm births.
Some of the players in global fetal and neonatal monitoring devices market are GE Healthcare (U.S.), CareFusion Corporation (Becton, Dickinson and Company) (U.S.), Philips Healthcare (Koninklijke Philips N.V.) (Netherlands), Smiths Medical (Smiths Group plc) (UK), Neoventa Medical AB (Sweden), and CardiacDirect (U.S.). Some of the market developments include Koninklijke Philips N.V. and Monica Healthcare entered into collaboration on fetal monitoring solution in 2016 where companies integrated Monica’s signal acquisition technology to Philips Avalon CL product platform to advance maternal and childcare.
Global fetal and neonatal monitoring devices market is expected to grow at notable rates owing to rise in preterm births around the world. Market players are concentrated on development adding the additional features to devices and adopting strategies such as product launches and collaborations to increase the market share.
Key Questions Answered
• What is the current and future fetal and neonatal monitoring devices market outlook worldwide? What trends are affecting the global market?
• What is the competitive landscape and market share of major players in the fetal and neonatal monitoring devices globally?
• What are the key, high growth markets that fetal and neonatal monitoring devices manufacturers should expand into? Which market segments are growing the fastest?
• What are the unmet needs with the fetal and neonatal monitoring devices currently on the market? How will emerging technologies fulfil these unmet needs?
• What is physician perception and market outlook of fetal and neonatal monitoring devices?
• What are the challenges and barriers that have hindered widespread adoption of fetal and neonatal monitoring devices?
Reasons to buy fetal and neonatal monitoring devices market Report:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
• Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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