How the Fetal And Neonatal Monitoring Devices Market Will Grow: Key Trends, Market Size, and Opportunities Beyond 2025
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Major Innovations Are Driving the Accelerated Growth of the Fetal And Neonatal Monitoring Devices Market?
The growth of the fetal and neonatal monitoring devices market is being fueled by the increasing prevalence of preterm births and low body weight infants. These monitoring devices help manage preterm births by continuously tracking vital signs, enabling early medical interventions. In May 2024, the Office for National Statistics in the UK reported that preterm births increased from 7.5% in 2021 to 7.9% in 2022, highlighting the growing demand for fetal and neonatal monitoring devices.
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#How Does the ProjectedFetal And Neonatal Monitoring Devices Market Growth Compare Over the Forecast Period?
The fetal and neonatal monitoring devices market has seen strong growth. It will grow from $9.47 billion in 2024 to $10.25 billion in 2025, with a CAGR of 8.2%. This is due to greater awareness of maternal and neonatal health, increased healthcare access, high-risk pregnancies, and the growth of emerging markets.
The fetal and neonatal monitoring devices market is expected to grow significantly, reaching $13.42 billion by 2029 at a CAGR of 7.0%. This growth is attributed to the adoption of telemedicine and remote monitoring, the trend towards personalized medicine, increasing premature birth rates, and the shift towards value-based healthcare. Key trends include non-invasive monitoring methods, wearable and home monitoring devices, AI and machine learning integration, and enhanced data security and privacy.
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What Are the Key Market Innovations in theFetal And Neonatal Monitoring Devices Market Over the Coming Years?
The fatty acid market is seeing innovation through medical devices designed for neonatal care. For example, in June 2023, Dräger, a Germany-based manufacturer, launched the Babyroo TN300, a neonatal care warmer that provides optimal thermoregulation for newborns. It is used in labor, delivery rooms, and NICUs, offering a safe environment with configurable temperature settings and resuscitation tools.
What Are the Top Market Players Propelling the Growth of theFetal And Neonatal Monitoring Devices Industry?
Major companies operating in the fetal and neonatal monitoring devices market include GE Healthcare, Fisher & Paykel Healthcare Limited, Philips Healthcare, Atom Medical Corporation, Natus Medical Incorporated, Analogic Corporation, Phoenix Medical Systems (P) Ltd., Becton Dickinson and Company, Masimo Corporation, Drägerwerk AG & Co. KGAA, CareFusion Corporation, Nonin Medical, Koninklijke Philips N.V., Welch Allyn Inc., Spacelabs Healthcare, Smiths Medical Inc., Getinge AB, FUJIFILM SonoSite Inc., Siemens Healthcare GMBH, Incereb Ltd., Utah Medical Products Inc., OSI Systems, Lutech Industries Inc., Neoventa Medical AB, CardiacDirect, International Biomedical Ltd., Medtronic Plc, Abbott Laboratories, Hill-Rom, Edwards Lifesciences, OMRON, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., CooperSurgical Inc., Huntleigh Healthcare Limited, Nihon Kohden Corporation, Arjohuntleigh Healthcare India Private Limited, Advanced Instrumentations, Dixion Vertrieb medizinischer Geräte GmbH, Mediana Co. Ltd., NCC Medical Co. Ltd.
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Which Primary Segments of the Fetal And Neonatal Monitoring Devices Market Are Driving Growth and Industry Transformations?
The fetal and neonatal monitoring devices market covered in this report is segmented –
1) By Equipment: Fetal, Neonatal
2) By Portability: Portable, Non Portable
3) By Fetal Care Equipment Type: Ultrasound Devices, Fetal Dopplers, Fetal MRI Systems, Fetal Monitors, Fetal Pulse Oximeters
4) By Neonatal Care Equipment Type: Infant Warmers, Incubators, Convertible Warmers And Incubators, Phototherapy Equipment, Respiratory Devices, Neonatal Monitoring Devices, Diagnostic Imaging Devices
5) By End User: Hospitals, Diagnostic centers, Pediatric Clinics, Ambulatory Surgical Centers
Subsegments:
1) By Fetal Monitoring Equipment: Fetal Ultrasound Devices, Fetal Dopplers, Fetal Electrodes, Fetal Heart Rate Monitors, Fetal Pulse Oximeters, CTG (Cardiotocography) Machines
2) By Neonatal Monitoring Equipment: Neonatal Incubators, Neonatal Pulse Oximeters, Neonatal Ventilators, Neonatal ECG Machines, Neonatal Respiratory Monitors, Neonatal Temperature Management Systems
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Which Regions Are Key Players in the Growth of the #What Major Innovations Are Driving the Accelerated Growth of the Fetal And Neonatal Monitoring Devices Market?# Market?
Asia-Pacific was the largest region in the global fetal and neonatal monitoring devices and equipment market in 2023. North America was the second-largest region in the fetal and neonatal monitoring devices and equipment market. The regions covered in the fetal and neonatal monitoring devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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