Fetal And Neonatal Monitoring Devices Market 2024 | Market Size, Key Drivers, Industry Developments, Share, Future Growth Prospects And Forecast To 2033

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The Business Research Company's Fetal And Neonatal Monitoring Devices Global Market Report 2024 identifies increasing prevalence of preterm births and the low body weight of infants as the major driver for the Fetal And Neonatal Monitoring Devices market's growth in the forecast period. Preterm birth refers to the premature birth of a child before 37 weeks gestation period, which leads to poor health and growth, mental retardation, visual and hearing impairments, cerebral palsy, and others. According to World Health Organization (WHO), around 1 million babies die each year and preterm birth was found to be one of the top reasons for the deaths. According to the report by WHO, nearly 15 million babies are born preterm every year and this number is expected to have a continuous rise shortly. The increasing prevalence and need to reduce infant mortality rates with improving healthcare conditions drive the fetal and neonatal monitoring devices market.

The fetal and neonatal monitoring devices market size has grown strongly in recent years. It will grow from $8.22 billion in 2023 to $8.68 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to maternal and neonatal health awareness, healthcare access, high-risk pregnancies, emerging markets growth. The fetal and neonatal monitoring devices market size is expected to see strong growth in the next few years. It will grow to $10.57 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%.

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Major competitors in the Fetal And Neonatal Monitoring Devices market are GE Healthcare, Fisher & Paykel Healthcare Limited, Philips Healthcare, Atom Medical Corporation, Natus Medical Incorporated.

Major companies operating in the fatty acid market are focusing on developing innovative devices, such as the Neonatal Care Warmer Babyroo TN300, to improve their position in their business. A neonatal care warmer, also known as an infant radiant warmer, is a medical device designed to provide a controlled and warm environment for newborn infants, especially those born prematurely or with certain medical conditions. For instance, in June 2023, Dräger, a Germany-based manufacturer of gas detection and analysis systems and breathing and protective equipment, launched the Neonatal Care Warmer Babyroo TN300. The Babyroo TN300 is a game-changer for newborn care in labor, delivery rooms, and NICUs. This open-care warmer, with resuscitation tools, offers a configurable design and cutting-edge thermoregulation. The pre-warm function ensures the mattress is ready at the perfect temperature for the baby, highlighting the product's dedication to a safe and cozy environment for newborns.

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The Fetal And Neonatal Monitoring Devices market is segmented -

• By Equipment: Fetal, Neonatal
• By Portability: Portable, Non Portable
• By Fetal Care Equipment Type: Ultrasound Devices, Fetal Dopplers, Fetal MRI Systems, Fetal Monitors, Fetal Pulse Oximeters
• By Neonatal Care Equipment Type: Infant Warmers, Incubators, Convertible Warmers & Incubators, Phototherapy Equipment, Respiratory Devices, Neonatal Monitoring Devices, Diagnostic Imaging Devices
• By End User: Hospitals, Diagnostic centers, Pediatric Clinics, Ambulatory Surgical Centers
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Fetal And Neonatal Monitoring Devices market.

The Business Research Company's "Global Fetal And Neonatal Monitoring Devices Market Report 2024" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Fetal And Neonatal Monitoring Devices Market Include:

1. Executive Summary
2. Fetal And Neonatal Monitoring Devices Market Characteristics
3. Fetal And Neonatal Monitoring Devices Market Trends And Strategies
4. Fetal And Neonatal Monitoring Devices Market - Macro Economic Scenario
5. Global Fetal And Neonatal Monitoring Devices Market Size and Growth
………………………………….
31. Global Fetal And Neonatal Monitoring Devices Market Competitive Benchmarking
32. Global Fetal And Neonatal Monitoring Devices Market Competitive Dashboar
33. Key Mergers And Acquisitions In The Fetal And Neonatal Monitoring Devices Market
34. Fetal And Neonatal Monitoring Devices Market Future Outlook and Potential Analysis
35. Appendix

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