What’s Driving Growth in the Intrapartum Monitoring Devices Market? Insights into Key Trends and Opportunities
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How has the intrapartum monitoring devices market grown over the years?
In recent times, there has been a robust growth in the scale of the intrapartum monitoring devices market. It is forecasted to expand from $2.18 billion in 2024 to hit $2.33 billion in 2025, showing a compound annual growth rate (CAGR) of 7.2%. Factors like technological progress, increase in maternal age, a surge in preterm births, public sector actions and support, and rising awareness and education have all contributed to this growth during the historic period.
What Is the forecasted market size and growth rate for the intrapartum monitoring devices market?
Predictions for the intrapartum monitoring devices market reveal an anticipated strong growth in the upcoming years. The projected market size for this sector is $3.05 billion by the year 2029, with a compound annual growth rate (CAGR) of 6.9%. This expected growth in the forecast period can be linked to multiple factors such as the surge in pregnancy-related complications, increasing awareness and education, governmental strategies and policies, a rise in healthcare expenditure, and an older demographic of pregnant individuals. The forecast period is also likely to witness trending developments such as the integration of wireless monitoring devices and telehealth, increased instances of high-risk pregnancies, enhanced precision and dependability, and emerging regulatory approvals and guidelines.
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What are the major factors driving growth in the intrapartum monitoring devices market?
The growing incidence of gynecological diabetes, otherwise known as gestational diabetes mellitus (GDM), is anticipated to stimulate the expansion of the intrapartum monitoring device market. GDM is distinguished by elevated levels of blood sugar (glucose) that appear during pregnancy and typically recede after childbirth. The increasing frequency of gynecological diabetes is due to the growing rates of obesity and inactive lifestyles. Intrapartum monitoring devices, which continuously track fetal heartbeat and uterine contractions, are implemented in cases of gynecological diabetes, ensuring that any potential complications during labor and delivery are detected and managed promptly. For instance, a report by the Government of the United Kingdom released in March 2024 revealed that in March 2023, the proportion of individuals with type 1 diabetes in England who received 8 care processes at GP practices involved in the NDA increased to 43.8%, from 35.2% the year before. Consequently, the climbing incidence of gynecological diabetes is propelling the growth of the intrapartum monitoring device market.
What key areas define the segmentation of the global intrapartum monitoring devices Market?
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
Subsegments:
1) By Monitors: Fetal Heart Rate Monitors Or Uterine Contraction Monitors Or Maternal Vital Sign Monitors (Blood Pressure, Temperature, Oxygen Saturation) Or Fetal Or Maternal Monitoring Systems (Integrated Systems)
2) By Electrodes: Fetal Electrodes (Scalp Electrodes) Or Maternal Electrodes (For Ecg Monitoring) Or Disposable Electrodes Or Reusable Electrodes
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What are the top market players propelling the growth of the intrapartum monitoring devices industry?
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 are evolving market trends shaping intrapartum monitoring devices Strategies?
Prominent corporations in the intrapartum monitoring device market are focusing on introducing groundbreaking products like wireless and belt-free designs to preserve their industry position. Such designs in intrapartum monitoring devices ensure active mobility and greater comfort for mothers, without interrupting the incessant tracking of fetal heartbeats and uterine contractions. For instance, in February 2024, the American medical technology firm, GE HealthCare Technologies Inc., received approval for their Novii+ Wireless Maternal and Fetal Monitoring Solution. This certification permits the device to be used in about 95% of all fitting birth cases in the United States. Created with pregnant patients who are at least 34 weeks into their term in mind, the Novii+ system offers a non-invasive procedure to monitor fetal heart rate, maternal heart rate and uterine activity. Its wireless and belt-free design enhances movement and potentially augments comfort and experience for pregnant women during childbirth. The device is also integrated with an innovative algorithm called cross-check artifact reduction for better data accuracy and trustworthiness.
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What regions are dominating the intrapartum monitoring devices market growth?
North America was the largest region in the intrapartum monitoring devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the intrapartum monitoring devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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