Global Fetal Monitoring Market is Growing at a Significant Rate in The Forecast Period 2017-2024
DATABRIDGE MARKET RESEARCH © sachit khadse
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. These factors increase the demand for devices such as ultrasound, fetal Doppler, fetal electrodes. On the other hand, stringent regulatory procedures, high cost of equipment may hinder the growth of the market.
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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.
Instruments and consumables are further segmented into ultrasound, electronic maternal/fetal monitor, fetal electrodes, fetal doppler, telemetry solutions, accessories & consumables and other products. Ultrasound is further sub segmented into 2D ultrasound and 3D & 4D ultrasound. Electronic maternal/fetal monitor is again sub divided into external monitor and other monitors.
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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.
On the basis of methods the global fetal monitoring market is segmented into non-invasive method and invasive method.
By application the global fetal monitoring market is segmented into antepartum fetal monitoring and intrapartum fetal monitoring. Antepartum is the most common and the highest growing segment with the highest CAGR of 7.6% in the forecast period 2017 to 2024.
On the basis of end users the global fetal monitoring market is classified into hospitals, gynecological/obstetrics clinics, homecare and others. Among these, in 2017 hospitals segment dominated the market and the trend is expected to remain the same till 2024.
On the basis of distribution channel the global fetal monitoring market is classified into direct tender and retail. Among these, in 2017 direct tender segment dominated the market and the trend is expected to remain the same till 2024.
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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.
INCREASING BIRTH RATES AND PRETERM BIRTHS
Fetal monitoring market is growing due to increasing birth rate and pre term births. A premature birth or preterm birth takes place more than three weeks before the baby is due or before the start of the 37th week of gestation period. Due to premature birth the baby gets less time in the womb to develop. According to world health organization, ever year more than 15 million babies are premature.
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.
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.
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.
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About Data Bridge Market Research:Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com
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. These factors increase the demand for devices such as ultrasound, fetal Doppler, fetal electrodes. On the other hand, stringent regulatory procedures, high cost of equipment may hinder the growth of the market.
Get Your Sample Report Now! @ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-fetal-monitoring-market-1
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.
Instruments and consumables are further segmented into ultrasound, electronic maternal/fetal monitor, fetal electrodes, fetal doppler, telemetry solutions, accessories & consumables and other products. Ultrasound is further sub segmented into 2D ultrasound and 3D & 4D ultrasound. Electronic maternal/fetal monitor is again sub divided into external monitor and other monitors.
Request For TOC- https://databridgemarketresearch.com/toc/?dbmr=global-fetal-monitoring-market-1
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.
On the basis of methods the global fetal monitoring market is segmented into non-invasive method and invasive method.
By application the global fetal monitoring market is segmented into antepartum fetal monitoring and intrapartum fetal monitoring. Antepartum is the most common and the highest growing segment with the highest CAGR of 7.6% in the forecast period 2017 to 2024.
On the basis of end users the global fetal monitoring market is classified into hospitals, gynecological/obstetrics clinics, homecare and others. Among these, in 2017 hospitals segment dominated the market and the trend is expected to remain the same till 2024.
On the basis of distribution channel the global fetal monitoring market is classified into direct tender and retail. Among these, in 2017 direct tender segment dominated the market and the trend is expected to remain the same till 2024.
Speak to Analyst and Get Free Customized
Information about Report @ https://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-fetal-monitoring-market-1
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.
INCREASING BIRTH RATES AND PRETERM BIRTHS
Fetal monitoring market is growing due to increasing birth rate and pre term births. A premature birth or preterm birth takes place more than three weeks before the baby is due or before the start of the 37th week of gestation period. Due to premature birth the baby gets less time in the womb to develop. According to world health organization, ever year more than 15 million babies are premature.
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.
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.
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.
Inquiry Before Buying and Discuss Report Customization with Industry Expert @ https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-fetal-monitoring-market-1
About Data Bridge Market Research:Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com