Fetal Monitoring Market Size, Share Revenue to Grow At 8.0% CAGR Through 2027

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According to Nova one advisor, the global Fetal Monitoring market value was estimated at US$ 3.9 Billion in 2020 and is projected to reach US$ 7.0 Billion by 2027, registering a CAGR of 8.0% from 2020 to 2027. The report contains 150+ pages with detailed analysis.

Overview of Fetal Monitoring Market Study

Fetal Monitoring market study conducted by Nova One Advisor is intended at helping stakeholders get a comprehensive overview of potential challenges and undiscovered opportunities. The report offers exclusive insights to help companies and their customers to make informed decision to sustain growth through the assessment period.

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Growth Factors:

The development of noninvasive, portable, and advanced fetal monitors and emerging markets and strengthening infrastructure are expected to offer growth opportunities in the market during the forecast period.

The fetal monitoring market is expanding with the latest innovative technologies, backed by escalating research and product launches. Fetal monitoring technologies are now being streamlined to provide greater assistance in utero fetal surgeries, consisting of challenging physical fetal access and technological complications. Fetal cardiac assessments have also witnessed progress that supports high-fidelity hemodynamic and continuous physiologic monitoring, thus enabling early diagnosis and treatment.

Computer-Aided Decision Support Systems and Artificial Intelligence (AI) are also utilized in continuous cardiotocography (CTG) or fetal heart rate (FHR) auscultation during labor. The patient’s electronic health records (EHRs) are utilized along with computational methods, machine learning, and deep learning tools.

OPPORTUNITY: Development of noninvasive, portable, and advanced fetal monitors

The key manufacturers in the market are expanding their product lines to include portable and wireless monitoring systems that are accurate, safe, and affordable. The key players in the market are also integrating telecommunication into these devices. For instance, Philips launched the handheld and tele-ultrasound solution, Lumify, in Japan and Avalon CL in the US in 2020. Similarly, the strategic collaboration between MindChild Medical and Henry Schein Medical expanded the MERIDIAN M110 Fetal Monitoring System’s distribution and supply, a noninvasive intrapartum monitor in the US, in 2019.

“North America commanded the largest share of the fetal monitoring market in 2021.”

On the basis of region, the fetal monitoring market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. In 2019, North America commanded the largest share of the fetal monitoring market. The large share of this market segment can be attributed to the presence of an established reimbufrsement structure coupled with availability of experts in the North American countries.

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COVID-19 Impact on Fetal Monitoring Sales

Businesses today are operating in a dynamic environment. Earlier focus primarily concentrated on keeping pace with changing consumer preferences. COVID-19 outbreak was unprecedented and exposed vulnerabilities of various industries. Pandemic-induces obstacles also were registered in the Fetal Monitoring market.

Sales plummeted as COVID-19 gradually tightened its noose worldwide. Supply-chain disruptions caused massive losses, while demand took nose-dive as consumers remained indoors with affected countries implementing either partial or complete lockdown.

Gradual recovery however is on the cards with the roll out of vaccinations. Nonetheless, consecutive waves of the virus compelled businesses to stay prepared for the worst. As government and healthcare organizations successfully implement steps to contain the spread of COVID-19, industries have begun operations, albeit at a slow and more cautious pace.

Against this backdrop, Nova one advisor’s study predicts gradual recovery for the Fetal Monitoring market 2021 onwards. This trend will however continue through the course of the report’s assessment period

Key Players:

This report provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the Fetal Monitoring market and ranks noticeable companies as per their occurrence in diverse regions across globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.

Some of the prominent players in the Fetal Monitoring market include:

Cardinal Health, Inc. (US), Koninklijke Philips N.V. (Netherlands), GE Healthcare (US), Siemens Healthineers (Germany), FUJIFILM SonoSite, Inc. (US), Natus Medical Incorporated (US), Huntleigh Healthcare Limited (UK), The Cooper Companies Inc. (US), CONTEC Medical Systems Co., Ltd. (China), EDAN Diagnostics, Inc. (China), Neoventa Medical AB (Sweden), Bionet Co., Ltd. (South Korea), Progetti Srl (Italy), TRISMED Co., Ltd. (Republic of Korea), ShenZhen Luckcome Technology Inc. (China), MedGyn Products, Inc (US), Dixion (Germany), Promed Group Co., Ltd. (Hong Kong), Advanced Instrumentations (US), BRAEL-Medical Equipment (Poland), GPC Medical (India), BISTOS (Korea), Mediana (Korea), Life Plus (India), ChoiceMMed (China), Trivitron Healthcare (India), Dott Medical Co. Ltd. (China), Monarch Meditech (India) and Shenzhen Comen Medical Instruments Co., Ltd. (China).

Unravelling the Critical Segments

This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:

This research report categorizes the fetal monitoring market into the following segments and subsegments:

Fetal Monitoring Market by Product

  • Ultrasound Devices
    • 2D Ultrasound
    • 3D & 4D Ultrasound
    • Doppler Imaging
  • Electronic Maternal/Fetal Monitors
  • Uterine Contraction Monitors
    • Internal Uterine Contraction Monitors
    • External Uterine Contraction Monitors
  • Fetal Electrodes
  • Fetal Doppler Devices
  • Telemetry Devices
  • Accessories and Consumables

Fetal Monitoring Market by Portability

  • Portable Systems
  • Non-portable Systems

Fetal Monitoring Market by Method

  • Invasive
  • Noninvasive

Fetal Monitoring Market by Application

  • Antepartum
  • Intrapartum

Fetal Monitoring Market by End User

  • Hospitals
  • Obstetrics & Gynecology Clinics
  • Home Care Settings

Browse Complete Table of Content@ https://www.novaoneadvisor.com/toc/fetal-monitoring-market

Why Buy this Report?

The purpose of Nova one advisor’s Fetal Monitoring market study is to provide stakeholders with a detailed picture of potential barriers and untapped opportunities. The report contains exclusive information to assist businesses in making informed decisions about how to maintain growth throughout the assessment period.

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