Market Size –
The intrapartum monitoring devices market size has grown strongly in recent years. It will grow from $2.04 billion in 2023 to $2.18 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to technological advancements, increasing maternal age, rising prevalence of preterm births, government initiatives, and funding, and growing awareness and education
The intrapartum monitoring devices market size is expected to see strong growth in the next few years. It will grow to $2.85 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to the rising incidence of pregnancy complications, growing awareness and education, government initiatives and policies, increasing healthcare expenditure, increasing healthcare expenditure, and the aging maternal population. Major trends in the forecast period include wireless monitoring devices, telehealth integration, rising prevalence of high-risk pregnancies, improved accuracy and reliability, and regulatory approvals and guidelines.
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Scope Of Intrapartum Monitoring Devices Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers –
The rising prevalence of gynecological diabetes is expected to accelerate the growth of the intrapartum monitoring device market. Gynecological diabetes, or gestational diabetes mellitus (GDM), arises from high blood sugar levels during pregnancy, usually resolving after childbirth. The increase in gynecological diabetes cases is linked to rising obesity rates and sedentary lifestyles. Intrapartum monitoring devices are critical for tracking fetal heart rates and uterine contractions during labor, facilitating timely intervention for complications. In 2022, the International Diabetes Federation reported that approximately 21.1 million live births, or 16.7%, experienced hyperglycemia during pregnancy in 2021, especially in low- and middle-income countries. Women over 45 and those with a history of GDM are particularly at risk for hyperglycemia during pregnancy and subsequent type 2 diabetes. Consequently, the increasing prevalence of gynecological diabetes is driving growth in the intrapartum monitoring device market, with effects extending through 2024 and 2028.
Market Trends –
Major companies operating in the intrapartum monitoring device market are increasing their focus on developing innovative products such as wireless and belt-free designs to sustain their position in the market. Wireless and belt-free designs in intrapartum monitoring devices allow for unobstructed movement and increased comfort for the mother while ensuring continuous monitoring of fetal heart rate and uterine contractions. For instance, in February 2024, GE HealthCare Technologies Inc., a US-based medical technology company, obtained clearance for its Novii+ Wireless Maternal and Fetal Monitoring Solution. This clearance allows the device to monitor approximately 95% of all eligible births in the United States. The Novii+ system is designed for pregnant patients at or beyond 34 weeks and offers noninvasive monitoring of fetal heart rate, maternal heart rate, and uterine activity. It features a wireless and belt-free design, enhancing mobility and potentially improving the comfort and experience of expectant mothers during labor. The device incorporates an advanced algorithm called cross-check artifact reduction, which improves the accuracy and reliability of the collected data.
The intrapartum monitoring devices market covered in this report is segmented –
1) By Product Type: Monitors, Electrodes
2) By Method: Invasive, Non-invasive
3) By End User: Hospitals, Maternity Centers, Other End Users
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Regional Insights –
North America was the largest region in the intrapartum monitoring devices market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the intrapartum monitoring devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies in the market are Cardinal Health Inc, Medtronic PLC, Fujifilm Holdings Corporation, Philips Healthcare, GE HealthCare Technologies Inc., Shenzhen Mindray Bio-Medical Electronics Co. Ltd, Drägerwerk AG & Co. KGaA, CooperSurgical Inc., Spacelabs Healthcare, Nihon Kohden Corporation, Contec Medical Systems Co Ltd., Mediana Co Ltd., Natus Medical Incorporated, EDAN Instruments Inc., Guangdong Biolight Meditech Co. Ltd, Dixion Vertrieb medizinischer Geräte GmbH, Bionet America Inc., Shenzhen Bestman Instrument Co Ltd., Huntleigh Healthcare Limited, Neoventa Medical AB, Trismed Co Ltd.
Table of Contents
1. Executive Summary
2. Intrapartum Monitoring Devices Market Report Structure
3. Intrapartum Monitoring Devices Market Trends And Strategies
4. Intrapartum Monitoring Devices Market – Macro Economic Scenario
5. Intrapartum Monitoring Devices Market Size And Growth
…..
27. Intrapartum Monitoring Devices Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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