Fetal Doppler Monitoring System Market - Demand, Outlook by 2024
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Increase in number of childbirth, awareness program for preventing the complications in childbirth, and demand for at-home fetal heart monitors are important driving factors of the global fetal doppler monitoring system market. In 2014, the U.S. Food and Drug Administration declared the usage of Doppler ultrasound heartbeat monitors and fetal ultrasound imaging should be by trained health care professionals, and they are not intended for over the counter sale or use. Cost of treatment or ultrasonography and sensitivity of child toward ultrasound devices are expected to hamper the fetal doppler monitoring system market growth.
The global market has been segmented based on monitoring process type, end-user, and geography. In terms of monitoring process type, the fetal doppler monitoring system market is classified into electronic fetal monitoring, external fetal monitoring, and internal fetal monitoring. In terms of end-user, the market for fetal doppler monitoring system is classified into diagnostic laboratories, hospitals, and research & development. In terms of geography, the market is distributed over North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
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Geographically, North America dominates the global market due to increase in advent of technology of ultrasound monitoring devices and growth in child development plan. Early-phase diagnosis and treatment of disease during pregnancy is driving the medical biotechnology market which in turn is expected to drive the fetal doppler monitoring system market in North America. Europe is the second leading market for fetal doppler monitoring system as there are favorable government policies regarding health care infrastructure and awareness of population development. The Asia Pacific market is expected to grow at a higher rate due to rise in population, changing lifestyle, rise in awareness between patients, and increase in per capita expenditure. In addition, economic growth is supporting the health care infrastructure improvement in developing countries such as India and China.
The major players operating in the global fetal doppler monitoring system market include Medline Industries, Inc., Bionet Co., Ltd, Huntleigh Healthcare Limited, Promed Group Co., Ltd., ELCAT, Hadeco, Inc., Shenzhen Biocare Bio-Medical Equipment Co., Ltd., Advanced Instrumentations, and SonoScape Medical Corp.
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