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

The Business Research Company’s fetal monitoring market report forecasts the fetal monitoring market size to grow to $4.88 Billion by 2027, with a CAGR (compound annual growth rate) of more than 7%.

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Fetal Monitoring Market Size Forecast
The global fetal monitoring market is expected to grow from $3.39 billion in 2022 to $3.63 billion in 2023 at a compound annual growth rate (CAGR) of 7.21%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global fetal monitoring market size is expected to reach $4.88 billion in 2027 at a CAGR of 7.64%.

North America held the largest fetal monitoring market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Fetal Monitoring Market Driver ­– Increase In The Prevalence Of Preterm Births
According to a fact sheet provided by the World Health Organisation, a Switzerland-based United Nations health body, 15 million preterm births are expected per year in November 2022. This translates to more than one out of every ten babies. As a result, the prevalence of preterm birth propels the foetal monitoring market forward.

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Key Fetal Monitoring Market Trend – Technological Advancement
Major foetal monitoring firms are concentrating on creating innovative technologies to fulfil patient needs and increase their market position. For example, in June 2020, Royal Philips NV, a health technology and medical device company based in the Netherlands, launched the Avalon CL Foetal and Maternal Pod and Patch, a wireless device battery-powered, ultra-portable foetal monitor equipped with Philips perinatal analytics and visualisation software, for continuous, non-invasive monitoring of uterine activity, foetal heart rate, and the mother’s heart rate.

Fetal Monitoring Market Segment
1) By Product: Ultrasound Devices, Electronic Maternal Or Fetal Monitors, Uterine Contraction Monitor, Fetal Electrodes, Fetal Doppler Devices, Telemetry Devices, Accessories And Consumables, Other Products
2) By Method: Invasive, Non-Invasive
3) By Application: Intrapartum Fetal Monitoring, Antepartum Fetal Monitoring
4) By End-User: Diagnostic Laboratories, Hospitals And Clinics, Other End-Users

Fetal Monitoring Market Major Players and Strategies
Major players in the fetal monitoring market are Koninklijke Philips N.V., FUJIFILM SonoSite, Inc., Medtronic Plc, Siemens Healthineers, GE Healthcare, Neoventa Medical AB, The Cooper Companies Inc, Spacelabs Healthcare Inc., Natus Medical Incorporated, EDAN Instruments Inc., Shenzhen Comen Medical Instruments Co Ltd, Contec Medical Systems Co Ltd, Bionet Co Ltd., ArjoHuntleigh Inc., and Analogic Corporation.

GE HealthCare Technologies Inc., a provider of medical technology, pharmaceutical diagnostics, and digital solutions based in the United States, paid $1.45 billion for BK Medical Holding Company, Inc. in September 2021. GE Healthcare intends to use BK Medical’s intraoperative imaging and surgical navigation technologies to grow its ultrasound business beyond diagnostics and into surgical and therapeutic treatments as a result of this purchase. BK Medical Holding firm, Inc. is a firm established in the United States that provides ultrasound imaging solutions for foetal monitoring.

The Fetal Monitoring Global Market Report 2023 covers regional data on fetal monitoring market size, fetal monitoring market trends and drivers, opportunities, strategies, and fetal monitoring market competitor analysis. The countries covered in the fetal monitoring 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.

Foetal monitoring is the method by which medical practitioners utilise specialised equipment to monitor the mother’s contractions as well as the fetus’s heart rate during birth. It is used to provide information to medical experts to help them determine whether to intervene in the childbirth process.

View More Reports Related To The Fetal Monitoring Market –
Fetal And Neonatal Monitoring Devices Global Market Report 2023
Fetal Bovine Serum Global Market Report 2023
Remote Patient Monitoring Devices And Equipment Global Market Report 2023

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