Fetal and Neonatal Monitoring Devices Market Demand Trends Value Analysis 2022-2029

The Fetal and Neonatal Monitoring Devices Market is expected to grow at a CAGR of 6.8% during the forecast period 2022-2029. North America region has the highest market share in the Fetal and Neonatal Monitoring Devices Market, and it is further continuing its dominance during the forecast period.

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Our research report gives wide perceptions of the latest trends and development prospects of the market analysis, detailed segmentation analysis, volume, size, share, growth drives, and opportunities in the market. In-depth regional and country-level illustration of the competitive landscape depends on several phases and status of clinical trials over the prominent economies of the globe, and also report contains a number of major companies profiled in the relevant market.

Market Drivers:

The market is being driven primarily by an increase in the number of preterm births as a result of membrane rupture before the baby is born, an increase in the average age of the mother, changes in lifestyles like smoking and drinking, and technological advancements. The average age of mothers at the time of their first birth has increased from 24.9 years in 2000 to 27 years in 2018, according to the Centers for Disease Control and Prevention (CDC).

Babies born to older mothers are more likely to have genetic disorders like Down's Syndrome and are more susceptible to chronic diseases. In addition, a 2017 study by the National Institute on Alcohol Abuse and Alcoholism found that 42% of women and 86.4 percent of people aged 18 or older reported having consumed alcohol at some point in their lives. Alcoholism causes preterm birth and Fetal Alcohol Syndrome, which can't be fixed and causes brain damage and growth issues. The invasive approach and stringent regulatory procedures for new products will restrain the market during the forecast period, causing trauma, pain, and sometimes miscarriage. Damage to the tissues of the mother and the fetus will also occur.

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Market Segmentation:

By Monitoring Devices:
• Fetal Monitoring Devices
• Neonatal Monitoring Devices

By Portability:
• Portable Monitoring Devices
• Non-Portable Monitoring Devices

By End-User:
• Hospitals
• Neonatal Care Centers

Geographical Classification:
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East
• Africa

Major Companies Listed:

Becton, Dickinson and Company, FUJIFILM SonoSite, Inc., Medtronic, Drägerwerk AG & Co. KGAA, Cooper Surgical, Inc., CareFusion Corporation, Getinge AB, Natus Medical Incorporated, GE Healthcare, and Siemens Healthcare GMBH.

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This release was published on openPR.