Intrapartum Monitoring Devices Market Overview: Market Size, Major Drivers And Trends
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The intrapartum monitoring devices market size has exhibited significant growth in recent years, projected to increase from $2.04 billion in 2023 to $2.18 billion in 2024, with a compound annual growth rate (CAGR) of 6.9%. This growth in the historic period is driven by factors such as technological advancements, increasing maternal age, a rising prevalence of preterm births, government initiatives and funding, along with heightened awareness and education. Looking ahead, the intrapartum monitoring devices market is expected to continue expanding, reaching $2.85 billion by 2028, reflecting a CAGR of 7.0%. The anticipated growth during this forecast period can be attributed to the rising incidence of pregnancy complications, increased awareness and education, supportive government policies, higher healthcare expenditure, and an aging maternal population. Major trends influencing this market include the emergence of wireless monitoring devices, integration of telehealth solutions, a growing prevalence of high-risk pregnancies, enhanced accuracy and reliability, and evolving regulatory approvals and guidelines.
The rising prevalence of gynecological diabetes is expected to accelerate the growth of the intrapartum monitoring device market. Gynecological diabetes, or gestational diabetes mellitus (GDM), arises from high blood sugar levels during pregnancy, usually resolving after childbirth. The increase in gynecological diabetes cases is linked to rising obesity rates and sedentary lifestyles. Intrapartum monitoring devices are critical for tracking fetal heart rates and uterine contractions during labor, facilitating timely intervention for complications. In 2022, the International Diabetes Federation reported that approximately 21.1 million live births, or 16.7%, experienced hyperglycemia during pregnancy in 2021, especially in low- and middle-income countries. Women over 45 and those with a history of GDM are particularly at risk for hyperglycemia during pregnancy and subsequent type 2 diabetes. Consequently, the increasing prevalence of gynecological diabetes is driving growth in the intrapartum monitoring device market, with effects extending through 2024 and 2028.
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What Are The Key Trends That Influence Intrapartum Monitoring Devices Market Share Analysis?
Major companies in the intrapartum monitoring device market are increasingly emphasizing the development of innovative products, such as wireless and belt-free designs, to maintain their competitive edge. Wireless and belt-free designs in intrapartum monitoring devices enable unobstructed movement and enhanced comfort for mothers while ensuring continuous monitoring of fetal heart rate and uterine contractions. For example, in February 2024, GE HealthCare Technologies Inc., a U.S.-based medical technology company, received clearance for its Novii+ Wireless Maternal and Fetal Monitoring Solution. This approval allows the device to monitor approximately 95% of all eligible births in the United States. The Novii+ system is tailored for pregnant patients at or beyond 34 weeks, offering noninvasive monitoring of fetal heart rate, maternal heart rate, and uterine activity. Its wireless and belt-free design enhances mobility, potentially improving the comfort and experience of expectant mothers during labor. The device employs an advanced algorithm known as cross-check artifact reduction, which enhances the accuracy and reliability of the collected data.
Which Market Players Are Driving Growth In The Intrapartum Monitoring Devices Market?
Major companies operating in the intrapartum monitoring devices market are Cardinal Health Inc, Medtronic PLC, Fujifilm Holdings Corporation, Philips Healthcare, GE HealthCare Technologies Inc., Shenzhen Mindray Bio-Medical Electronics Co. Ltd, Drägerwerk AG & Co. KGaA, CooperSurgical Inc., Spacelabs Healthcare, Nihon Kohden Corporation, Contec Medical Systems Co Ltd., Mediana Co Ltd., Natus Medical Incorporated, EDAN Instruments Inc., Guangdong Biolight Meditech Co. Ltd, Dixion Vertrieb medizinischer Geräte GmbH, Bionet America Inc., Shenzhen Bestman Instrument Co Ltd., Huntleigh Healthcare Limited, Neoventa Medical AB, Trismed Co Ltd.
How Is The Global Intrapartum Monitoring Devices Market Segmented?
The intrapartum monitoring devices market covered in this report is segmented –
1) By Product Type: Monitors, Electrodes
2) By Method: Invasive, Non-invasive
3) By End User: Hospitals, Maternity Centers, Other End Users
Read The Full Intrapartum Monitoring Devices Market Report Here
The Intrapartum Monitoring Devices Global Market Report 2024 provides an overview of the intrapartum monitoring devicesmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The intrapartum monitoring devices market forecast analyzes intrapartum monitoring devices market size, intrapartum monitoring devices market share, leading competitor and their market positions.
The Table Of Content For The Intrapartum Monitoring Devices Market Include
1. Intrapartum Monitoring Devices Market Executive Summary
2. Intrapartum Monitoring Devices Market Segments
3. Intrapartum Monitoring Devices Market Size And Template Market Growth Rate
4. Key Intrapartum Monitoring Devices Market Trends
5. Major Intrapartum Monitoring Devices Market Drivers
……
25. Key Mergers And Acquisitions In The Intrapartum Monitoring Devices Market
26. Top Intrapartum Monitoring Devices Companies
27. Intrapartum Monitoring Devices Market Opportunities And Strategies
28. Intrapartum Monitoring Devices Market, Conclusions And Recommendations
29. Appendix
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