In the world economic growth, the Fetal & Neonatal Monitoring industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Fetal & Neonatal Monitoring market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2019, SMI analysts believe that in the next few years, Fetal & Neonatal Monitoring market size will be further expanded, we expect that by 2024, The market size of the Fetal & Neonatal Monitoring will reach XXX million $.
Overview
A fetal monitoring device is an important device, which is routinely used in gynecology and obstetrics interventions to assess fetal health during delivery and labor. On the contrary, neonatal devices are used in neonatal intensive care units (NICUs), in which complex machines and monitoring devices are designed for the special needs of newborns. The global feta & neonatal monitoring market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global fetal & neonatal monitoring market is expected to witness significant growth during the forecast period, owing to rising expenditure on healthcare facilities.
Market Drivers
Increasing prevalence of preterm births is expected to drive growth of the global fetal & neonatal monitoring market during the forecast period. According to the World Health Organization (WHO), preterm births are leading cause of deaths among children aged 5 years and below, accounting for around 1 million deaths in 2015. According to the same source, every year, around 15 million babies are born preterm. Neonatal monitoring facility is typically used to cater unique needs of such babies, which in turn, is expected to support growth of the market during the forecast period. Moreover, increasing expenditure on healthcare facilities combined with rising awareness regarding fatalities involved in premature births is expected to propel growth of the global fetal & neonatal monitoring market growth over the forecast period.
Market Restraint
Limited access to these facilities, especially in emerging regions such as MEA and Latin America is expected to restrain growth of the global fetal & neonatal monitoring market during the forecast period.
Regional Insights
Among regions, North America is expected to witness significant growth in the global fetal & neonatal monitoring market during the forecast period. This is owing to rising research and development activities in healthcare sector in the region. Moreover, Asia Pacific is expected to witness a lucrative growth rate over the forecast period, owing to rising expenditure in healthcare sector by governments.
Competitive Section
Major companies involved in the global fetal & neonatal monitoring market are Analogic, Natus Medical, Spacelabs Healthcare, CareFusion, Smiths Medical, Fisher & Paykel Healthcare, Phoenix Medical Systems, GE Healthcare, Philips Healthcare, and Getinge.
Key companies in the market are focused on mergers and acquisitions, in order to enhance the market presence. For instance, in March 2017, GE Healthcare acquired Monica Healthcare, a U.K.-based wireless fetal monitor provider.
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. If you need more information, please contact SMI
Section 1: Definition
Section (2 3): Manufacturer Detail
Analogic
CareFusion
Fisher & Paykel Healthcare
GE Healthcare
Getinge
Natus Medical
Philips Healthcare
Phoenix Medical Systems
Smiths Medical
Spacelabs Healthcare
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7):
Product Type Segmentation
Electronic Fetal Monitors
Ultrasound
Fetal Doppler
Fetal Pulse Oximeters
Intrauterine Pressure Catheters
Industry Segmentation
Antepartum
Intrapartum
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2019-2024)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
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