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Rising Prevalence Of Preterm Births Drives Growth In Fetal And Neonatal Monitoring Devices Market: Critical Driver Shaping the Fetal And Neonatal Monitoring Devices Market in 2025
Fetal And Neonatal Monitoring Devices
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Fetal And Neonatal Monitoring Devices Market Size Valuation Forecast: What Will the Market Be Worth by 2025?_x000D_
The market size for fetal and neonatal monitoring devices has seen robust growth in the past few years. It is projected to expand from $9.47 billion in 2024 to $10.25 billion in 2025, with a compound annual growth rate (CAGR) of 8.2%. Factors contributing to this growth during the historic period include increased awareness about maternal and neonatal health, healthcare accessibility, high-risk pregnancy management, and growth in emerging markets._x000D_
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Fetal And Neonatal Monitoring Devices Market Size Forecast: What's the Projected Valuation by 2029?_x000D_
The market for fetal and neonatal monitoring devices is expected to witness a robust expansion in the upcoming years. The expected market size is projected to reach $13.42 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.0%. Several factors such as the rise of telemedicine and remote monitoring, personalized medicine, increasing rates of premature births and the shift to value-based healthcare are contributing to the growth during the forecast period. Some of the key trends for this period include non-invasive monitoring, wearable and in-home monitoring devices, the adoption of artificial intelligence (AI) and machine learning technologies, as well as the importance of data security and privacy._x000D_
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What Are the Drivers Transforming the Fetal And Neonatal Monitoring Devices Market?_x000D_
The rise in premature births and lower infant body weights are contributing to the expansion of the fetal and neonatal monitoring device market. Preterm delivery-characterized by a birth occurring before the completion of 37 weeks of gestation-can often result in a multitude of health and developmental issues such as poor growth, mental retardation, visual and auditory issues, cerebral palsy, among others. Fetal and neonatal monitoring devices play a crucial role in controlling preterm births and managing infants with low birth weights. They accomplish this through constant monitoring of vital statistics and health indicators, enabling earlier discovery of issues and swift medical responses, ultimately leading to better survival rates and long-term health conditions. To illustrate, the Office for National Statistics-a statistics authority in England and Wales-reported that the proportion of premature live births rose from 7.5% in 2021 to 7.9% in 2022. Consequently, the increasing rate of premature births and lower infant body weights propel the growth of the fetal and neonatal monitoring device market._x000D_
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What Long-Term Trends Will Define the Future of the Fetal And Neonatal Monitoring Devices Market? _x000D_
Key players in the fatty acid industry, such as Dräger, are making strides in technological innovation to enhance their market positioning, with valuable devices such as the Neonatal Care Warmer Babyroo TN300. This device, also known as an infant radiant warmer, is skillfully engineered to sustain a warm, regulated environment for newborns, particularly for those born prematurely or those with specific health conditions. In June 2023, the German company Dräger - renowned for its range of gas detection and analysis systems as well as respiratory and protective gear - released the Neonatal Care Warmer Babyroo TN300. The Babyroo TN300 revolutionizes newborn care in delivery rooms and neonatal intensive care units. It is an open-care warmer equipped with resuscitation tools and distinguished for its adaptable design and advanced thermoregulation. Furthermore, the Babyroo TN300, with its pre-warming feature, ensures that the mattress is primed at the ideal temperature for the infant, underscoring the product's commitment to providing a secure, comfortable environment for newborn babies._x000D_
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Which Segments in the Fetal And Neonatal Monitoring Devices Market Offer the Most Profit Potential?_x000D_
The fetal and neonatal monitoring devices market covered in this report is segmented - _x000D_
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1) By Equipment: Fetal, Neonatal _x000D_
2) By Portability: Portable, Non Portable _x000D_
3) By Fetal Care Equipment Type: Ultrasound Devices, Fetal Dopplers, Fetal MRI Systems, Fetal Monitors, Fetal Pulse Oximeters _x000D_
4) By Neonatal Care Equipment Type: Infant Warmers, Incubators, Convertible Warmers And Incubators, Phototherapy Equipment, Respiratory Devices, Neonatal Monitoring Devices, Diagnostic Imaging Devices _x000D_
5) By End User: Hospitals, Diagnostic centers, Pediatric Clinics, Ambulatory Surgical Centers_x000D_
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Subsegments:_x000D_
1) By Fetal Monitoring Equipment: Fetal Ultrasound Devices, Fetal Dopplers, Fetal Electrodes, Fetal Heart Rate Monitors, Fetal Pulse Oximeters, CTG (Cardiotocography) Machines _x000D_
2) By Neonatal Monitoring Equipment: Neonatal Incubators, Neonatal Pulse Oximeters, Neonatal Ventilators, Neonatal ECG Machines, Neonatal Respiratory Monitors, Neonatal Temperature Management Systems _x000D_
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Which Firms Dominate the Fetal And Neonatal Monitoring Devices Market by Market Share and Revenue in 2025?_x000D_
Major companies operating in the fetal and neonatal monitoring devices market include GE Healthcare, Fisher & Paykel Healthcare Limited, Philips Healthcare, Atom Medical Corporation, Natus Medical Incorporated, Analogic Corporation, Phoenix Medical Systems (P) Ltd., Becton Dickinson and Company, Masimo Corporation, Drägerwerk AG & Co. KGAA, CareFusion Corporation, Nonin Medical, Koninklijke Philips N.V., Welch Allyn Inc., Spacelabs Healthcare, Smiths Medical Inc., Getinge AB, FUJIFILM SonoSite Inc., Siemens Healthcare GMBH, Incereb Ltd., Utah Medical Products Inc., OSI Systems, Lutech Industries Inc., Neoventa Medical AB, CardiacDirect, International Biomedical Ltd., Medtronic Plc, Abbott Laboratories, Hill-Rom, Edwards Lifesciences, OMRON, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., CooperSurgical Inc., Huntleigh Healthcare Limited, Nihon Kohden Corporation, Arjohuntleigh Healthcare India Private Limited, Advanced Instrumentations, Dixion Vertrieb medizinischer Geräte GmbH, Mediana Co. Ltd., NCC Medical Co. Ltd. _x000D_
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Which Regions Offer the Highest Growth Potential in the Fetal And Neonatal Monitoring Devices Market?_x000D_
Asia-Pacific was the largest region in the global fetal and neonatal monitoring devices and equipment market in 2023. North America was the second-largest region in the fetal and neonatal monitoring devices and equipment market. The regions covered in the fetal and neonatal monitoring devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa._x000D_
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