Fetal Monitoring Market is anticipated to grow at a CAGR of 7.1%, to grow further up to USD 7.8 billion by 2031

The fetal monitoring market was valued at USD 3.9 billion in 2021 and it is anticipated to grow further up to USD 7.8 billion by 2031, at a CAGR of 7.1% during the forecast period.

The fetal monitoring system is a diagnostic instrument used to track the fetus's movement and heart rate as well as the mother's contractions. It's a basic tool for keeping track of uterine contractions during labor. It primarily monitors the fetus's health and the progress of labor. It is referred to as a medical method to check the health of an unborn baby in order to ensure a safe birth in medical words. It's also used to keep track of mental retardation, chronic lung ailments, hypothermia, newborn disorders, vision and hearing issues, and jaundice.

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Market Trends and Drivers:

The fetal monitoring market is growing thanks to the newest cutting-edge technologies, which are supported by increased research and product introductions. Modern fetal monitoring systems are being streamlined to help in utero fetal procedures, which sometimes include difficult physical fetal access and technical difficulties. The advancement of high-fidelity hemodynamic and continuous physiologic monitoring in fetal cardiac evaluations has also facilitated early diagnosis and treatment.

Continuous cardiotocography (CTG) and fetal heart rate (FHR) auscultation during labor both make use of computer-aided decision support systems and artificial intelligence (AI). Along with computational techniques, machine learning, and deep learning tools, the patient's electronic health records (EHRs) are used.

The importance of noninvasive monitoring techniques has grown as a result of research and technology developments in fetal monitoring systems. Technologies for noninvasive diagnostics have been introduced to obstetrics, including fetal acid-base status, cell-free fetal DNA analysis, Doppler investigations, and electronic fetal monitoring (EFM).

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COVID-19 Impact:

Because of the coronavirus epidemic, regulatory agencies, like the FDA, have been forced to relax their standards for fetal monitoring in order to ensure the uninterrupted care of pregnant moms. A number of important players have been able to successfully introduce fetal monitors with tele-ultrasound monitoring, noninvasive features, and portable technologies thanks to rule relaxations. For instance, in the midst of the pandemic, the FDA amended its FDA advice, which Philips successfully used to introduce its fetal monitor, Avalon CL, in the US on June 12, 2020. The goal of the FDA's enforcement strategy for noninvasive fetal and maternal monitoring devices is to improve access to equipment that would lessen the need for in-clinic visits and minimize the strain on hospitals and doctor's offices during the epidemic.

Major Players in the Fetal Monitoring Market:

The key players in the global fetal monitoring market 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 Diagnostics, Inc. (China), and Neoventa Medical AB (Sweden) among others.

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