Global Fetal Monitoring Devices Market 2017-2021

Overview of the global fetal monitoring devices market

Market research analysts at Technavio predict that the global fetal monitoring devices market will grow steadily at a CAGR of more than 7% by 2021. This market research analysis identifies the rising incidence of preterm births as one of the primary growth factors for this market. Premature babies normally have complications as they are born before they can completely develop in the womb. The medical problems associated with preterm births can be easily diagnosed with the fetal monitoring devices that can monitor the fetus, both antepartum and intrapartum. The fetal monitoring devices reduce the probability of infant deaths caused by complications due to preterm births and eliminates the possibility of disabilities, including learning, visual, and hearing problems.

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Fetal monitoring devices market worth: Competitive landscape and key vendors

The fetal monitoring devices market is moderately competitive and fragmented due to the presence of numerous established vendors who compete with several regional players. The vendors focus on the development of innovative and user-friendly fetal monitoring devices to gain a competitive advantage. The regional vendors provide high-quality products at low prices to compete with the larger vendors. The key vendors focus on product development, expansion of product portfolio, and geographical expansion by launching new technologies and product innovations.

The leading vendors in the fetal monitoring devices market

• Analogic Corporation
• GE Healthcare
• Medtronic
• Philips Healthcare
• Siemens Healthineers

Fetal monitoring devices market segmentation by application 

• External
• Internal

External fetal monitoring is carried out by listening to an infant's heartbeat with a special stethoscope attached to two sensors. One sensor uses reflected sound waves (ultrasound) to track the infant's heart rate and the other sensor measures the length of contractions and they are connected to a machine that records the data. According to this industry research report, the external fetal monitoring devices segment will account for the major shares of this market throughout the forecast period.

Fetal monitoring devices market forecast based on geographies

• Americas
• APAC
• EMEA

During 2016, the Americas was the major revenue contributor to this market due to the increased awareness among people to utilize medical facilities, the rise in the number of awareness programs conducted by governments to reduce MMR and IMR, and the numerous efforts to enhance prenatal care. Additionally, product innovations and technological advancements also contribute to the growth of the market in this region.

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Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global fetal monitoring devices market?
• What are the key market trends impacting the growth of the global fetal monitoring devices market?
• What are the challenges to market growth?
• Who are the key vendors in the global fetal monitoring devices market?
• What are the market opportunities and threats faced by the vendors in the global fetal monitoring devices market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global fetal monitoring devices market?

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