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Intrapartum Monitoring Devices Market Insights 2024: Improving Maternal and Fetal Health Outcomes
"Gain a competitive edge with up to 30% off in-depth market reports-uncover key trends, growth drivers, and forecasts today!The new report published by The Business Research Company, titled Intrapartum Monitoring Devices Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the intrapartum monitoring devices market size has grown strongly in recent years. It will grow from $2.04 billion in 2023 to $2.18 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The intrapartum monitoring devices market size is expected to see strong growth in the next few years. It will grow to $2.85 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%.
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What Is Driving The Growth Of The Global Intrapartum Monitoring Devices Market?
Rising Prevalence Of Gynecological Diabetes Drives Growth In Intrapartum Monitoring Device Market
The rising prevalence of gynecological diabetes is expected to propel the growth of the intrapartum monitoring device market going forward. Gynecological diabetes, also known as gestational diabetes mellitus (GDM), is a condition characterized by high blood sugar (glucose) levels that develop during pregnancy and typically resolve after giving birth. The prevalence of gynecological diabetes is growing due to increasing rates of obesity and sedentary lifestyles. Intrapartum monitoring devices are used in gynecological diabetes to continuously monitor the fetal heart rate and uterine contractions, ensuring the timely detection and management of potential complications during labor and delivery. For instance, in 2022, the International Diabetes Federation, a Belgium-based diabetes organization, reported that in 2021, approximately 21.1 million live births, or 16.7%, experienced some form of high blood glucose (hyperglycemia) during pregnancy. This condition is more prevalent in low- and middle-income countries with limited access to maternal care. Women over 45, as well as those with a history of gestational diabetes mellitus (GDM), are at higher risk of hyperglycemia during pregnancy and face an increased likelihood of developing type 2 diabetes within five to ten years after delivery. Therefore, the rising prevalence of gynecological diabetes is driving the growth of the intrapartum monitoring device market.
What Is The Key Trend In The Global Intrapartum Monitoring Devices Market?
Innovative Wireless And Belt-Free Intrapartum Monitoring Devices
Major companies operating in the intrapartum monitoring device market are increasing their focus on developing innovative products such as wireless and belt-free designs to sustain their position in the market. Wireless and belt-free designs in intrapartum monitoring devices allow for unobstructed movement and increased comfort for the mother while ensuring continuous monitoring of fetal heart rate and uterine contractions. For instance, in February 2024, GE HealthCare Technologies Inc., a US-based medical technology company, obtained clearance for its Novii+ Wireless Maternal and Fetal Monitoring Solution. This clearance allows the device to monitor approximately 95% of all eligible births in the United States. The Novii+ system is designed for pregnant patients at or beyond 34 weeks and offers noninvasive monitoring of fetal heart rate, maternal heart rate, and uterine activity. It features a wireless and belt-free design, enhancing mobility and potentially improving the comfort and experience of expectant mothers during labor. The device incorporates an advanced algorithm called cross-check artifact reduction, which improves the accuracy and reliability of the collected data.
How Is The Global Intrapartum Monitoring Devices Market Segmented?
The intrapartum monitoring devices market covered in this report is segmented -
1) By Product Type: Monitors, Electrodes
2) By Method: Invasive, Non-invasive
3) By End User: Hospitals, Maternity Centers, Other End Users
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How Is The Competitive Landscape Of The Global Intrapartum Monitoring Devices Market?
Major companies operating in the intrapartum monitoring devices market are Cardinal Health Inc, Medtronic PLC, Fujifilm Holdings Corporation, Philips Healthcare, GE HealthCare Technologies Inc., Shenzhen Mindray Bio-Medical Electronics Co. Ltd, Drägerwerk AG & Co. KGaA, CooperSurgical Inc., Spacelabs Healthcare, Nihon Kohden Corporation, Contec Medical Systems Co Ltd., Mediana Co Ltd., Natus Medical Incorporated, EDAN Instruments Inc., Guangdong Biolight Meditech Co. Ltd, Dixion Vertrieb medizinischer Geräte GmbH, Bionet America Inc., Shenzhen Bestman Instrument Co Ltd., Huntleigh Healthcare Limited, Neoventa Medical AB, Trismed Co Ltd.
Contents Of The Global Intrapartum Monitoring Devices Market
1. Executive Summary
2. Intrapartum Monitoring Devices Market Report Structure
3. Intrapartum Monitoring Devices Market Trends And Strategies
4. Intrapartum Monitoring Devices Market - Macro Economic Scenario
5. Intrapartum Monitoring Devices Market Size And Growth
…..
27. Intrapartum Monitoring Devices Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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