Intrapartum Monitoring Devices Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI4324
Intrapartum Monitoring Devices Market size is projected to experience significant growth from 2019 to 2025.
Increasing preterm births rate will drive the intrapartum monitoring devices market growth over forecast timeframe. World health organization reported in 2018 that around 15 million babies are born preterm and the number is further expected to increase over the forecast year. The preterm infants are often vulnerable to adverse conditions such as intrapartum hypoxia-acidosis. In such scenario, a continuous monitoring of fetus is required that should escalate the industry growth in near future.
Technological advancements in the field of intrapartum monitoring devices will favor the industry growth over the coming years. Fetal magnetocardiography and fetal magnetic resonance imaging technologies are ill-suited as well as expensive for intrapartum use. As a result, industry players are developing cost effective and superior quality intrapartum devices to cater to its increasing demand. However, stringent regulatory landscape along with some complication associated with these devices will restrain intrapartum monitoring devices industry growth to some extent.
Electrode product segment of intrapartum monitoring devices market accounted for significant revenue share in 2018 and the scenario is likely to remain so over the forecast timeframe. Wide range of fetal monitoring electrodes including intrauterine pressure catheter (IPC), fetal scalp electrodes (FSE), and transducer for fetal heart rate are currently available in the industry. Electrodes are attached to the scalp or other body parts of the fetus. These electrodes are further connected with monitors to check important parameters such as fetal heart rate. Advantages offered by electrodes such as consistent and accurate transmission of heart rate compared to external monitoring will augment its demand over the coming years.
U.S. accounted for significant revenue share of intrapartum monitoring devices market in 2018. As per centers for disease control and prevention around 1 in every 10 infants was born premature in the U.S. in 2017. The high preterm birth has augmented the demand for intrapartum monitoring devices. Furthermore, high adoption rate, ongoing technological advancements coupled with increasing obesity rate leading to childbirth complications will render a significant positive impact on intrapartum monitoring devices industry growth.
Notable industry players in intrapartum monitoring devices market are GE Healthcare, Cardinal health, Mindchild Medical, Koninklijke Philips, Rocket Medical, Neoventa Medical and Huntleigh Healthcare Limited. Industry players adopt strategic initiatives including product launch, acquisitions, and mergers to sustain industry competition. For instance, in April 2019, Mindchild medical signed distribution agreement with Henry Schein Medical for distribution of MERIDIAN M110 Fetal Monitoring System within the U.S.
Intrapartum Monitoring Devices, by Product, 2014-2025 (USD Million)
- Fetal Scalp Electrodes
- Intrauterine Pressure Catheter
- Transducer for Fetal Heart Rate
The above information is provided for the following regions and countries:
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East and Africa
- Saudi Arabia
- South Africa
- GE Healthcare
- Koninklijke Philips
- Cardinal health
- Mindchild Medical
- Rocket Medical
- Neoventa Medical
- Huntleigh Healthcare Limited
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