Global Neonatal and Fetal Monitors Market is valued approximately at USD $ billion in 2021 and is anticipated to grow with a healthy growth rate of more than $ over the forecast period 2022-2029. Neonatal and Fetal monitors are used in gynecology and obstetrics interventions to monitor fetal health during delivery or labor.
These are vital tools extensively used in neonatal intensive care units. It includes complex machines and monitoring devices Cardiac Monitors, Capnographs, Blood Pressure Monitors, Pulse OximetersThe Neonatal and Fetal Monitors market is expanding because of factors such as rising number of low weight births and development of advanced technology across fetal monitoring in the forecast period.
According to Statista in 2020, around 0.4% of newborn babies in Sweden were born with low birth weight. Also, around 4.5% of newborn children were born with low birth weight in Norway. Thus, with the rising number of low weight births the market is expected to grow.
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Whereas, rising government focus to increase survival rates and growing awareness & technological advancement related to new-born care equipment creates lucrative opportunities for the market expansion. However, stringent government regulations hamper the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Neonatal and Fetal Monitors Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominates the market with highest revenue, owing to the increasing R&D activities for fetal and neonatal medical devices, rising expenditure on healthcare etc. Whereas, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising awareness programs for newborn care, increasing birth rates and growing initiatives by private and government initiatives in the forecast period .
Major market players included in this report are:
Cardinal Health
Dragerwerk AG & Co. KGaA
Koninklijke Philips N.V.
GE Healthcare
Medtronic Plc
Vyaire MEDICAL, INC.
BD
Utah Medical Products, Inc.
Natus Medical Incorporated
Ambu A/S
Recent Developments in the Market:
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In June 2021, Nuvo Group received FDA approval in June 2021 for the expanded utility of its INVU, a prescription-initiated remote pregnancy monitoring platform, for the addition of a new uterine activity module that enables remote monitoring of uterine activity.
In May 2021. The Sonarmed airway monitoring system uses acoustic technology to detect endotracheal tube obstruction and verify position in real-time, providing clinicians with critical information to make more informed, life-saving decisions for neonates and infants.
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Product, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Fetal care Equipment
Neonatal Care Equipment
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
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ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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