The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Asia-Pacific held the largest fetal and neonatal monitoring devices market share.

The global fetal and neonatal monitoring devices market is expected to grow from $7.62 billion in 2022 to $8 billion in 2023 at a compound annual growth rate (CAGR) of 4.9%. The fetal and neonatal monitoring devices market size is expected to grow to $9.31 billion in 2027 at a CAGR of 3.9%.

Major Driver In The Fetal And Neonatal Monitoring Devices Market ­– Increase In The Prevalence And Need To Reduce The Infant Mortality Rates
According to WHO research, almost 15 million babies are born prematurely each year, and this figure is anticipated to climb further in the near future. The market for foetal and neonatal monitoring devices is being driven by the rising prevalence of infant mortality and the need to improve healthcare conditions. According to the Centres for Disease Control and Prevention (CDC), the preterm birth rate among American women in 2021 will be 10.5%.

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Key Fetal And Neonatal Monitoring Devices Market Segments
1) By Equipment: Fetal, Neonatal
2) By End User: Hospitals, Diagnostic centers, Pediatric Clinics, Ambulatory Surgical Centers
3) By Portability: Portable, Non Portable
4) By Fetal Care Equipment Type: Ultrasound Devices, Fetal Dopplers, Fetal MRI Systems, Fetal Monitors, Fetal Pulse Oximeters
5) By Neonatal Care Equipment Type: Infant Warmers, Incubators, Convertible Warmers & Incubators, Phototherapy Equipment, Respiratory Devices, Neonatal Monitoring Devices, Diagnostic Imaging Devices

Recent Fetal And Neonatal Monitoring Devices Market Trend – Innovating And Integrating Technologies
To efficiently diagnose and monitor foetuses and infants, foetal and neonatal monitoring device manufacturers are increasingly inventing and merging technologies such as wireless technology with patient monitoring devices. Wireless sensor technology, which includes biosensor monitoring devices and wireless foetal heart rate monitoring devices, consists of multi-sensor systems implanted or embedded into the skin, each with a sensor that transmits data for real-time monitoring of a patient’s medical status. For example, the National Institute of Neurological Disorders and Stroke created SARA, a scanning equipment that uses laser flashes delivered through the mother’s abdomen to monitor foetal brain activity. Philips created a revolutionary cordless foetal monitoring equipment that ensures the mother’s and child’s safety while minimising annoyance and risk. These technology advancements minimise poor observation reception and assist carers in monitoring more efficiently.

Fetal And Neonatal Monitoring Devices Market Prominent Players
Major players in the fetal and neonatal monitoring devices market are GE Healthcare, Fisher & Paykel Healthcare Limited, Philips Healthcare, Atom Medical Corporation, Natus Medical Incorporated, Analogic Corporation, Phoenix Medical Systems (P) Ltd., Becton Dickinson, Masimo Corporation, and Drägerwerk AG & Co. KGAA.

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The Fetal And Neonatal Monitoring Devices Global Market Report 2023 provides a comprehensive overview on the fetal and neonatal monitoring devices market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the fetal and neonatal monitoring devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

During pregnancy and childbirth, foetal and neonatal monitoring equipment are used to check the foetal heart rate and uterine contractions.

View More Related Reports –
Fetal Bovine Serum Global Market Report 2023
Neonatal Infant Care Global Market Report 2023
Fetal Monitoring Global Market Report 2023

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