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Fetal Monitoring Market is Anticipated to Grow Further Up to USD 7.8 billion by 2031 | Cardinal Health, Koninklijke Philips N.V., GE Healthcare

05-10-2023 09:30 AM CET | Health & Medicine

Press release from: Global Insight Services

Fetal Monitoring Market is Anticipated to Grow Further Up to USD

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.

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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). Percutaneous umbilical cord blood sampling is used for prenatal fetal and neonatal examinations, and fetal scalp blood sampling is used for postpartum fetal and neonatal assessments.

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Global Fetal Monitoring Market Segmentation

By Product

Ultrasound
Intrauterine Pressure Catheter
Telemetry Solutions
Electronic Fetal Monitoring
Fetal Electrodes
Fetal Doppler
Accessories & Consumables
Others

By Method

Invasive
Non-Invasive

By Portability

Portable
Non-Portable

By Application

Intrapartum Fetal Monitoring
Antepartum Fetal Monitoring

By End User

Hospitals
Clinics
Others

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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Fetal monitoring devices are used to monitor the heart rate and movement of the fetus and maternal contractions. In medical terms, fetal monitoring is imperative to constantly monitor health of the unborn baby and ensure a safe birth. Fetal monitoring measures the heart rate of the baby. Healthcare providers perform fetal monitoring during late pregnancy and labor, as that process is crucial for keeping the mother and the child safe