Press release
Global Intrauterine Pressure Catheters Market Size To Grow At A Healthy Pace In The Forecast Period Of 2023-2028
Intrauterine Pressure Catheters Market
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter's Five Forces Models.
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The key highlights of the report include:
Market Overview (2018-2028)
Forecast CAGR (2023-2028): 6%
The global intrauterine pressure catheters market is driven by the rise in pregnancy procedures coupled with favourable initiatives for foetal and maternal care and the advantages provided by intrauterine pressure catheters. There are significant benefits linked with intrauterine pressure catheters over physical palpitation procedures.
The palpitation procedure requires the physical presence of a clinician or gynaecologist to perform the examination. These benefits along with government initiatives to enhance awareness regarding reproductive health, are expected to fuel the market growth for intrauterine pressure catheters over the coming years.
The rising female population along with the strong supply chain in emerging economies, reduction in maternal deaths, and increase in labour procedures are anticipated to bolster the market growth during the forecast period.
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However, regular usage of intrauterine pressure catheters does not enhance maternal or foetal results but raises the complexity, cost, complications, and risk of maternal fever.
These drawbacks are likely to negatively affect the intrauterine pressure catheters market growth. Moreover, the cost linked with the procedure as well as the procedure's invasive nature is further expected to hamper the market revenue growth during the forecast period.
Intrauterine Pressure Catheters Industry Definition and Major Segments
An intrauterine pressure catheter is a device placed into a pregnant woman's uterus to examine contractions during childbirth. During childbirth, the uterus contracts to dilate the cervix and move the foetus from the uterus into the birth canal. The catheter evaluates the pressure inside the amniotic space in the uterus at the time of contractions and permits physicians to evaluate the frequency, duration, and strength of contractions.
On the basis of products, the market is segmented into:
Catheters
Fluid-Filled Catheters
Transducer Tip Catheters
Monitoring Equipment
Disposables
Others
Based on application, the market is categorised into:
Hospitals
Ambulatory Surgical Centers (ASCs)
Specialty Clinics
Others
Based on region, the market is divided into:
North America
Latin America
Asia Pacific
Europe
Middle East and Africa
Intrauterine Pressure Catheters Market Trends
With the increasing popularity of intrauterine pressure catheters among pregnant females, the demand for the intrauterine pressure catheters market is expected to propel due to an increase in the need for measurement of contractions during labour. An intrauterine pressure catheter offers a more accurate evaluation of contraction length, strength, and duration, in patients among whom external tocodynamometry does not pick up contractions well, such as in obese patients.
Moreover, intrauterine pressure catheters are more effective in cases of labour dystocia or maternal obesity as compared to external tocodynamometry in identifying the frequency and intensity of uterine contractions. This is further expected to fuel the demand for intrauterine pressure catheters for complicated labours which is further anticipated to boost the market growth over the upcoming years.
The transducer tip catheters segment is anticipated to bolster the intrauterine pressure catheters market share on account of the emergence of advanced technologies by major players in the market. The application of intrauterine pressure catheters is likely to escalate in hospitals due to the high demand for IUPC during labour.
Based on region, North America has witnessed significant growth in the intrauterine pressure catheters market share owing to the well-established healthcare industry in the region and the existence of major market players. Meanwhile, the Asia Pacific region is expected to witness growth in the market due to the surging healthcare industry in the region along with the increasing population.
Key Market Players
The major players in the global intrauterine pressure catheters market report are :
Koninklijke Philips N.V.
Central Infusion Alliance, Inc.
Clinical Innovations, LLC.
Cardinal Health, Inc.
Utah Medical Products, Inc.
others
The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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