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A recent report published by Infinium Global Research on fetal monitoring analysis market provides an in-depth analysis of segments and sub-segments in global as well as regional fetal monitoring analysis market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional fetal monitoring analysis market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global fetal monitoring analysis market. According to the report the global fetal monitoring analysis market is projected to grow at a CAGR of 6.7% over the forecast period of 2018-2024.
The fetal monitoring consists of diagnostic devices used to monitor fetal movement pattern, fetal heart rate, and the overall fetal growth during pregnancy. These devices are also used to monitor the well-being of the fetus and progress of labor. In medical terms, it is mentioned as the medical method for checking the health of an unborn baby to certify a safe birth and prevent complications such as brain damage, newborn seizures, fetal death, and cerebral palsy during childbirth. Additionally, it is used to monitor neonatal diseases, vision & hearing problems, jaundice, chronic lung diseases, and hypothermia.
Major factors driving the growth of fetal monitoring analysis market are an upsurge in a number of post-term pregnancy, multiple pregnancy, and premature delivery cases, growing government and non-government initiatives for maternal & fetal health across the world, and technological advancement such as non-invasive surgeries. Increasing numbers of a problem during the time of pregnancy owing to diabetes, high blood pressure, and pre-term labor medicine affect the fetus so these monitoring devices are regularly used to monitor the fetal health during labor and delivery and this increases the demand for a fetal monitoring device that positive results in the growth of this market. Additionally, advancement in technology such as wireless and real-time analysis is further expected to expand the market of a fetal monitoring device in the near future. On the other hand, the high cost of equipment, lack of intermediate guidelines, and technological limitations are some factors that may hamper the growth of the global fetal monitoring analysis market.
In terms of geography, North America emerged as one of the largest revenue generating region in the fetal monitoring market. The growth in this region is owing to high disposable income, growing consciousness among patients, and technological advancements in this. Furthermore, growing consciousness regarding diseases and availability of several monitoring and therapeutic devices is also driving the growth of fetal monitoring analysis market. On the other hand, the Asia-Pacific region is estimated to grow at a lucrative CAGR over the upcoming years. Countries like India, China, and Japan are the fastest growing market for this device. Factors responsible for the growth of this market in these counties are constant development in healthcare infrastructure and growth in the birth rate.
The report on global fetal monitoring analysis market covers segments such as products, method, portability and end use. On the basis of products, the global fetal monitoring analysis market is categorized into instruments & consumables, ultrasound & ultrasonography, electronic fetal monitoring, fetal electrodes, fetal doppler, uterine contraction monitor, telemetry solutions, accessories & consumables, and software. On the basis of the method, the global fetal monitoring analysis market is categorized into invasive and non-invasive. On the basis of portability, the global fetal monitoring analysis market is categorized into portable and non-portable systems. On the basis of end use the global fetal monitoring analysis market is categorized into hospitals, clinics, and others.
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-Pacific region offers substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience growth at a CAGR of x.x% over the period of 2018-2024.
The report provides profiles of the companies in the global fetal monitoring analysis market such as Covidien PLC, FUJIFILM SonoSite, Inc., GE Healthcare, Natus, Philips Healthcare, Siemens Healthcare, Neoventa Medical, Spacelabs Healthcare, Inc., Analogic Corporation and ArjoHuntleigh, Inc.
The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global fetal monitoring analysis market. Moreover, IGR-Growth Matrix analysis given in the report brings insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as porter's five forces analysis and DRO analysis of fetal monitoring analysis market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the fetal monitoring analysis market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the fetal monitoring analysis market to understand the present and future trends in this market and formulate their strategies accordingly.
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