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Fetal Monitoring Market Trends

  • Report ID: GMI6841
  • Published Date: Oct 2023
  • Report Format: PDF

Fetal Monitoring Market Trends

Several governments and healthcare organizations worldwide have launched initiatives and programs to improve maternal and child health. For instance, as per the U.S. Department of Health and Human Services, the Maternal, Infant, and Child Health Workgroup, operating within the Healthy People 2030 initiative, strives to diminish disease and mortality rates among women, infants, and children. Its key objectives encompass the reduction of complications during pregnancy, enhancement of healthcare accessibility and quality, advocacy for healthy lifestyle choices, and the rectification of healthcare disparities. Such government initiatives and funding contribute to the expansion of the market

 

Furthermore, the global increase in preterm births, often associated with the need for close fetal monitoring, is a significant driver for the market. Moreover, those survived often grappled with lifelong disabilities, including learning difficulties and sensory impairments. Therefore, fetal monitoring aids in addressing preterm birth challenges by enabling early detection, guiding interventions, and optimizing neonatal care. Additionally, as more couples seek infertility treatment and assisted reproductive technologies, the need for fetal monitoring during pregnancy and childbirth increases, further boosting market demand.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Fetal monitoring industry size was USD 5.1 billion in 2022 and is estimated to reach USD 9.7 billion by 2032 owing to the high adoption of non-invasive devices and the rising government initiatives for maternal and child health.

The portable portability segment is predicted to grow at 6.8% CAGR up to 2032 due to benefits, such as accessibility and mobility for enabling healthcare providers to perform assessments in various settings, including patients' homes and outpatient clinics. ?

The non-invasive method segment garnered over 75% of the fetal monitoring industry share in 2022 due to the rising preference for external electronic fetal monitoring (EFM) to offer safe and comfortable monitoring experience for expectant mothers.

U.S. fetal monitoring industry size USD 1.8 billion revenue size in 2022 and may witness substantial market growth up to 2032 characterized by well-equipped facilities in the country.

Fetal Monitoring Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 13
  • Tables & Figures: 669
  • Countries covered: 27
  • Pages: 589
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