Recently, there is a shortage of professionals to deliver obstetrics, gynecology, and other preventive and reproductive healthcare services, predominantly specializing in women& health.
According to The American College of Obstetricians and Gynecologists (ACOG), the demand for obstetrics and gynecology professionals is expected to increase from 50,850 to 52,660 (4%) by 2030. This means that obstetrics and gynecology efforts could increasingly focus on high-risk pregnancies, the management of complex gynecological conditions, and surgical procedures.
The market is segmented into ultrasound devices, electronic maternal/fetal monitors, fetal electrodes, fetal doppler devices, uterine contraction monitors, telemetry devices, accessories & consumables, and other products. Ultrasound accounts for the major share in this market due to the increasing demand for minimally invasive gynecological treatments, and large use of ultrasound in obstetrics.
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Browse in-depth TOC on “Fetal Monitoring Market”
221 – Tables
45 – Figures
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Antepartum segment accounted for the largest share of the fetal monitoring, by application segment, in 2021
The market is segmented into antepartum and intrapartum based on application. The antepartum segment accounts for the largest share of the fetal monitoring market. The diagnosis of any congenital fetal abnormalities, antepartum fetal monitoring is carried out during the gestation period. The increasing incidence of fetal anomalies drive the growth of the antepartum segment.
Home care settings to register the highest growth rate during the forecast period
Based on end users the market is segmented into hospitals, obstetrics & gynecology clinics, and home care settings. In 2021, hospitals accounted for the largest share of this market. This growth of this segment can be attributed to the growing number of pregnancy procedures, and availability of highly advanced facilities in hospitals.
North America is the largest regional market for fetal monitoring market
The global fetal monitoring market is segmented into North America, Europe, the Asia Pacific, and the Rest of the World. In 2021, North America was the largest regional market for fetal monitoring. The rising number of premature births in the region are the major factors supporting the growth of the fetal monitoring market in North America. However, the Asia Pacific region offers high-growth opportunities for players in the fetal monitoring market. This regional segment is projected to register the highest CAGR during the forecast period. Factors such as rising birth rates, and healthcare infrastructure improvements in several Asia Pacific countries are factors driving the market growth in the region.
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Key Market Players:
The major players operating in this market are Cardinal Health, Inc. (US), Koninklijke Philips N.V. (Netherlands), GE Healthcare (US), Siemens Healthineers (Germany), FUJIFILM SonoSite, Inc. (US), Natus Medical Incorporated (US), Huntleigh Healthcare Limited (UK), The Cooper Companies Inc. (US), CONTEC Medical Systems Co., Ltd. (China), EDAN Instruments, Inc. (China), Neoventa Medical AB (Sweden), Bionet Co., Ltd. (South Korea), Progetti Srl (Italy), TRISMED Co., Ltd. (Republic of Korea), ShenZhen Luckcome Technology Inc. (China), MedGyn Products, Inc (US), Dixion (Germany), Promed Group Co., Ltd. (Hong Kong), Advanced Instrumentations (US), BRAEL-Medical Equipment (Poland), GPC Medical (India), BISTOS (Korea), Mediana Co. Ltd (Korea), Life Plus Medical (India), ChoiceMMed (China), Trivitron Healthcare (India), Dott Medical Co. Ltd. (China), Shenzhen Comen Medical Instruments Co., Ltd. (China), Shenzhen Vcomin Technology Limited (China), Nemo Healthcare (Netherlands), MindChild Medical, Inc. (US), Melody International Ltd. (Japan), Janitri Innovations Pvt. Ltd. (India), and Laerdal Global Health (Norway).
Recent Developments:
- In May 2022, GE Healthcare (US) and Pulsenmore (Israel) signed an agreement to accelerate the adoption of Pulsenmore’s home care ultrasound solutions and support their goal to pursue US FDA clearance and commercial expansion.
- In April 2022, ArchiMed Group (France) acquired Natus Medical Incorporated (US) to expand the reach and breadth of Natus’ market-leading products, reinforcing the focus on research & development and pursuing acquisitions of complementary businesses.
- In March 2021, CONTEC Medical Systems Co., Ltd. (China) launched CMS1700B Color Doppler Ultrasonic Diagnostic System, which is mainly suitable for the diagnosis of problems in the abdomen, heart, peripheral vessels, breast, obstetrics and gynecology, small organs, urology, muscle, incretion, pediatrics, etc.
