Innovation in Wearable Devices Driving Fetal Monitoring Systems Market to Upward Growth Trajectory: TMR

Innovation in Wearable Devices Driving Fetal Monitoring Systems Market to Upward Growth Trajectory: TMR

PR Newswire

ALBANY, New York, March 3, 2020

- Increase in number of caesarian section deliveries and pre-term births is keeping the market buoyant over the forecast period

- The segments of Systems in product type, and Hospitals and Nursing Homes in end-users to chart a significant CAGR from 2019 to 2027

ALBANY, New York, March 3, 2020 /PRNewswire/ -- The global Fetal Monitoring Systems Market would grow at a CAGR (Compound Annual Growth Rate) of nearly 3% from 2019 to 2027, taking the market valuation up to about USD 3.8 bn. over the period.  In 2018, the market was valued at ~USD 2.8 bn.

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"Massive uptake of these systems would be noted in clinics and homes. Availability of non-invasive wearable devices would support growth in the market. Besides, players with systems that are yet not approved by FDA might be witnessed forging key alliances with other players in order to sell these off," opines Transparency Market Research.

Key Findings of the Fetal Monitoring Systems Market Study

Explore 189 pages of top-notch research, incisive insights, and detailed country-level projections. Gain business intelligence on Global Fetal Monitoring Systems market by Product: Systems and Accessories; Mode: External and Internal; Use: Continuous and Intermittent; and End User: Hospitals & Nursing homes, Clinics, and Home Settings Read Details TOC of the Report -

Fetal Monitoring Systems Market: Key Driving Factors

As per Transparency Market Research, multiple factors are helping the global fetal monitoring systems market over the forecast period. One of the major reasons is high body mass index in women. It leads to a growing need for ensuring that fetus health is maintained. In fact, it is worth noting here that percentage of pregnant women who are overweight is increasing. While just a 29.8% in the year of 1980, the percentage of overweight pregnant women grew to a 38% in the year of 2013. A higher weight in this gestation period can lead to deterioration of fetal health, leading doctors to advice monitoring of fetus health on a regular basis. Other factors that are helping the market grow include:

Key Impediments for Fetal Monitoring Systems Market Players

Certain factors that are restraining the global fetal monitoring systems market are high cost of equipment and certain technology-based limitations. Besides, Transparency Market Research notes that subjective interpretation and a lack of proper guidelines, also hold the market back from further growth. However, it is important to note here that as women's spending capacity and awareness regarding these systems increase, market would continue charting a steady upward curve.

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Fetal Monitoring Systems Market: Region-wise Analysis

Analyze Global Fetal Monitoring Systems market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Competition Landscape

A large number of players in the global fetal monitoring systems market are making the vendor landscape quite fragmented. And, in order to stay ahead of the competition, they are resorting to strategies that primarily involve product development and improvement. Technology plays a pivotal role here and is thus a major determinant of the size of market share for each player. Another area of focus for players in order to gain a competitive advantage over others is having robust distribution channels.

Transparency Market Research has profiled key players in its report. Some of these include Koninklijke Philips N.V., GE Healthcare, Mindchild Medical, Inc., Nemo Healthcare, Huntleigh Healthcare Limited (Arjo), Edan Instrument Inc., Neoventa Medical AB, Clinical Innovations, LLC., and SUNRAY MEDICAL APPARATUS CO. LTD, among others.

Transparency Market Research has segmented the Global Fetal Monitoring Systems Market report based on product, mode, use, end-user, and region.

Fetal Monitoring Systems Market, by Product

Fetal Monitoring Systems Market, by Mode

Fetal Monitoring Systems Market, by Use

Fetal Monitoring Systems Market, by End User

Fetal Monitoring Systems Market, by Region

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