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The fetal and neonatal monitoring devices market is forecasted to achieve high growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 3%, as per The Business Research Company’s market report!

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The Fetal And Neonatal Monitoring Devices Market Size In 2022 And Forecast
The global fetal and neonatal monitoring devices market grew from $7.1 billion in 2021 to $7.57 billion in 2022 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The global fetal and neonatal monitoring devices market is expected to grow to $8.69 billion in 2026 at a CAGR of 3.5%.

The fetal and neonatal monitoring devices and equipment market consist of sales of fetal and neonatal monitoring devices and equipment and related services.

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Increase In Prevalence Of Preterm Births And The Low Body Weight Of Infants Is Driving The Growth Of The Fetal And Neonatal Monitoring Devices Market
According to the report by WHO, nearly 15 million babies are born preterm every year and this number is expected to have a continuous rise shortly. The increasing prevalence and need to reduce the infant mortality rates with improving healthcare conditions drives the fetal and neonatal monitoring devices market. For instance, according to the Centers for Disease Control and Prevention (CDC), in 2019 the preterm birth rate in Africa.n-American women was 14.4%.

Competitive Landscape And The Regional Analysis Of The Fetal And Neonatal Monitoring Devices Market
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

Additionally, as per TBRC’s research – Asia Pacific was the largest region in the fetal and neonatal monitoring devices market in 2021 holding the largest market share.

The Fetal And Neonatal Monitoring Devices Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. 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. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the fetal and neonatal monitoring devices market.

Innovating And Integrating Technologies – A Key Trend In The Fetal And Neonatal Monitoring Devices Market
Fetal and neonatal monitoring device manufacturers are increasingly innovating and integrating technologies such as wireless technology with patient monitoring devices to efficiently diagnose and monitor fetuses and newborns. Wireless sensor technology such as biosensor monitoring devices, wireless fetal heart rate monitoring devices is multi-sensor systems implanted or embedded into the skin, consisting of a sensor that transmits data for real-time monitoring of a patient’s medical condition.

Fetal And Neonatal Monitoring Devices Market Segmentation By The Business Research Company

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

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