Fetal and Neonatal Monitoring Devices Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023

Global Fetal and Neonatal Monitoring Devices Market: Fetal and neonatal monitoring devices enables provide best care to newborns and fetus. These help in monitoring of heart rate, oxygen saturation, ECG, blood pressure and others. Fetal and neonatal monitoring is important in providing noninvasive and developmental care for the fetus and neonates.

Market Dynamics: Fetal and Neonatal Monitoring Devices Market

Global fetal and neonatal monitoring devices market is driven by the rise in premature births and increase in demand for neonatal care. In addition rise in demand for home care products for neonates and funding of government and non-government agencies for improvement of neonatal care are expected to boost the market growth. Furthermore, technological advancements such as introduction of wireless neonatal monitors and raising awareness about the neonatal care are expected to bolster the global fetal and neonatal monitoring devices market during the forecast period. However, high cost of products, lack of trained and skilled professionals and stringent regulatory procedures are expected to hinder the market growth over the forecast period.

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Market Scope: Fetal and Neonatal Monitoring Devices Market

Global fetal and neonatal monitoring devices market is segmented based on equipment, portability and end user
Based on equipment, global fetal and neonatal monitoring devices are segmented into

• Fetal
o Heart Rate Monitors
o Pulse Oximeters
o Uterine Contraction Monitor
o Others
• Neonatal
o Cardiopulmonary Monitor
o Blood Pressure Monitor
o Others

Based on portability, global fetal and neonatal monitoring devices market is segmented into

• Portable
• Non Portable

Based on end user, global fetal and neonatal monitoring devices market is segmented into

• Hospitals
• Neonatal Care Centres

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Market overview: Fetal and Neonatal Monitoring Devices Market

Global fetal and neonatal monitoring devices market is expected to grow at notable rates during the forecast period owing to rise in preterm births around the world. Market players are concentrated on development adding the additional features to devices and adopting strategies such as product launches and collaborations to increase the market share. For instance, In November 2016, CardiacDirect has launched new fetal monitor Cardio Tech GT-1300. Similarly, in May 2017, Neoventa Medical AB launched fetal heart monitor STAN S41, only CTG (cardiograph) monitor that incorporates ST analysis. This was developed in collaboration with Sunray Medical Apparatus Co. Furthermore companies are developing innovative technologies and combining with the smart devices in order to gain competitive edge in fetal and neonatal monitoring devices market.

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Region Overview: Fetal and Neonatal Monitoring Devices Market

Geographically, global fetal and neonatal monitoring devices market is segmented into following regions, viz. North America, Asia Pacific, Latin America, Middle East & Africa, and Europe. North America market is expected to grow at significant rates owing to growing demand for the neonatal care exponent and rising preterm births. Europe fetal and neonatal monitoring devices market is expected to grow at significant rate owing to growing awareness in neonatal and fetal care and developing healthcare funding by the government. Asia Pacific is expected to have lucrative growth opportunity owing to developing healthcare infrastructure and rising rates of preterm births. According to World Health Organization, 60% of global preterm births occur in South Asia and Africa.

Competition Assessment: Fetal and Neonatal Monitoring Devices Market

Some of the players in global fetal and neonatal monitoring devices market are GE Healthcare (U.S.), CareFusion Corporation (Becton, Dickinson and Company) (U.S.), Philips Healthcare (Koninklijke Philips N.V.) (Netherlands), Smiths Medical (Smiths Group plc) (UK), Phoenix Medical Systems (P) Ltd. (U.S.), Lutech Industries (U.S.), Neoventa Medical AB (Sweden), and CardiacDirect (U.S.).

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