Fetal Monitoring Analysis Market Is Set for a Rapid Growth and is Expected to Reach $2.81 bn by 2022
Some of the major companies in fetal monitoring analysis market are Ge Healthcare, Siemens Healthcare, Philips Healthcare, Analogic Corporation, Neoventa Medical AB, Covidien PLC, Spacelabs Healthcare, Arjohuntleigh, Inc., Fujifilm Sonosite, Inc., and Natus Medical Incorporated among others. These players are claimed to foster the development of fetal monitoring analysis market
As per the analysts at Zion Market Research, the global fetal monitoring analysis market added up for USD 1.91 Billion in 2016 and is likely to cross USD 2.81 Billion by end 2022, developing at a CAGR of almost 6.7% from 2017 to 2022.
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Rising Awareness Of Manufacturers And Willingness Of Players To Spend In The Development Of Fetal Monitoring To Power The Market Growth
Major boosting factors for fetal monitoring analysis market are increasing non-government and government initiatives for fetal & maternal health all over the world, as per the analysts at Zion Market Research. In addition to this, rising awareness of manufacturers and willingness of players to spend in the development of fetal monitoring is also powering the development of fetal monitoring analysis market. Moreover, enhanced models that assist to calculate the maternal parameters such as maternal heart rate, and blood pressure are also likely to fuel the development of fetal monitoring analysis market in coming years. On the other hand, lack of intervening guidelines and technological challenges might hamper the development of the global fetal monitoring analysis market in the years to come.
Nevertheless, new product launches and R&D by market players will boost the fetal monitoring analysis market. For example, in January 2017, MindChild Medical, Inc. got approval from the US Food and Drug Administration (FDA) for its Pre-Marketing Notification as well as for non-invasive fetal heart monitor dubbed as MERIDIAN™ M110.
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Elevation In Disposable Revenues Paired With Enhancing Healthcare Infrastructure To Power Market Growth In Asia Pacific
In terms of area, North America added up for biggest share of fetal monitoring analysis market in 2016. The development in this area is boosted by better reimbursement policies and technological enhancements. Asia Pacific is the quickest developing region within the forecast period for fetal monitoring analysis market powered by an elevation in disposable revenues paired with enhancing healthcare infrastructure. Moreover, increasing number of hospitals and large population in this area are also likely to power the development in coming years in fetal monitoring analysis market.
On the basis of products, the fetal monitoring analysis market is likely to be ruled by consumable & instruments in years to come due to rising premature delivery rate, maternal mortality rate, and technological enhancements. Application sector of fetal monitoring analysis market is likely to be dominated by the antepartum section. Technological inventions an R&D of new products are likely to power the development of fetal monitoring analysis market in the years to come.
This review is based on a report by Zion Market Research, titled “Fetal Monitoring Analysis Market”- Report at http://www.zionmarketresearch.com/report/fetal-monitoring-analysis-market
The global fetal monitoring analysis market is segmented as follows:
- Instruments & Consumables
- Ultrasound & ultrasonography
- Electronic fetal monitoring
- Fetal electrodes
- Fetal doppler
- Uterine contraction monitor
- Telemetry solutions
- Accessories & consumables
- Antepartum Fetal Monitoring
- Intrapartum Fetal Monitoring
- Non-invasive Method
- Invasive Method