Preterm Birth Prevention And Management Growth Trajectory: Key Forecasts and Strategic Insights
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What is the Anticipated CAGR of the Preterm Birth Prevention And Management Market, and What Factors Will Drive It?
The scale of the market for preventing and managing preterm births has seen robust growth recently. Its growth is anticipated to continue, rising from $1.87 billion in 2024 to $2.01 billion in 2025, representing a compound annual growth rate (CAGR) of 7.8%. The growth experienced in past years can be linked to multiple factors including an increase in preterm births, rising average age of mothers, a surge in complications related to preterm births, increased awareness initiatives, and growing rates of mortality tied to preterm births.
Expectations are high for the preterm birth prevention and management market, with a robust growth predicted in the coming years. It is projected to reach $2.70 billion by 2029, boasting a compound annual growth rate (CAGR) of 7.6%. Key catalysts for this growth during the forecast period include an increased need for neonatal care, an amplified focus on prevention, the popularity of preconception counseling, and a rise in preterm birth screening programs coupled with heightened awareness amongst women. Major anticipated trends in this period comprise advancements in medical technology, digital health integration, the advent of AI-driven diagnostics, the creation of smart NICUs, and the inclusion of IoT in neonatal care.
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Which Factors and External Forces Are Driving Demand in the Preterm Birth Prevention And Management Market?
An increased understanding and awareness of the health of both mother and unborn child is anticipated to stimulate expansion of the market for preterm birth prevention and management. This awareness refers to the care of pregnant women and their unborn infants, ensuring safety in pregnancy and positive health results. Education campaigns and awareness initiatives actively emphasize the significance of prenatal care, proper diet, immunizations, and consistent check-ups for promoting overall healthier pregnancies. The prevention and management of preterm birth are crucial for the health and safety of both the mother and child, as these measures can minimize risks such as respiratory distress in newborns and developmental delays, while also decreasing the health risks for mothers associated with giving birth prematurely. For example, the Welsh Government (Llywodraeth Cymru), a UK-based governing institution, reported in July 2024 that in 2023 there was a 0.8 percentage point rise from the previous year, bringing the percentage of pregnant women with a BMI of 30 or higher at their first evaluation to 32%. Consequently, this increasing consciousness regarding maternal and fetal health is contributing to the growth of the preterm birth prevention and management market.
Which Segments in the Preterm Birth Prevention And Management Offer the Most Growth?
The preterm birth prevention and management market covered in this report is segmented –
1) By Product Type: Pharmaceuticals, Medical Devices, Therapies
2) By Cause-Specific: Multiple Pregnancy, Infection And Chronic Conditions, Structural Abnormalities, Maternal Lifestyle Factors
3) By Diagnosis Method: Ultrasound Imaging, Biochemical Tests, Physical Examination
4) By End-User: Hospitals, Clinics, Homecare Settings, Diagnostic Laboratories
Subsegments:
1) By Pharmaceuticals: Tocolytics, Corticosteroids, Progesterone Therapy, Magnesium Sulfate
2) By Medical Devices: Cervical Cerclage Devices, Fetal Monitoring Devices, Uterine Contraction Monitors
3) By Therapies: Bed Rest Therapy, Nutritional Therapy, Cervical Pessary Therapy
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What Are the Fastest-Growing Geographies in the Preterm Birth Prevention And Management Market?
North America was the largest region in the preterm birth prevention and management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the preterm birth prevention and management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which Cutting-Edge Market Trends Are Expected to Drive the Preterm Birth Prevention And Management Market’s Growth?
Leading firms in the domain of preterm birth prevention and management are designing initiatives like the campaign against preeclampsia and preterm birth, with the view to increase awareness and to ameliorate care for infants born prematurely. This campaign is geared toward establishing increased awareness, fostering research, enhancing healthcare interventions, and lobbying for policies that boost results of maternal and neonate health. For instance, in May 2024, the US-based non-profit organization, March of Dimes Inc., initiated the campaign known as Low Dose, Big Benefits, an enduring initiative aimed at diminishing the risks linked to preeclampsia and preterm birth through the administration of low-dose aspirin. Preeclampsia, a serious pregnancy-related complication encountered in 1 out of every 25 pregnancies, can be alleviated using low-dose aspirin, thereby lessening the risk by approximately 15% for preeclampsia and 20% for preterm birth in pregnancies considered high-risk. The main purpose of the campaign is to fill a significant knowledge gap, as a large number of families, notably Black families, lack an understanding of preeclampsia.
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What Are the Key Elements That Define the Preterm Birth Prevention And Management Market?
Preterm birth prevention and management refers to a range of strategies aimed at reducing the risk of babies being born before 37 weeks of gestation and addressing complications associated with early delivery. These strategies involve interventions during pregnancy and after birth to ensure the health and safety of both the mother and baby.
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