The global neonatal and fetal monitors market is valued at US$ 8.2 billion in 2021 and is predicted to grow at a CAGR of 6.5% to reach US$ 14.4 billion by 2032.
The growing need for neonatal and foetal monitors to help preterm newborns is likely to drive the growth of the neonatal and foetal monitors market.
The Neonatal and Fetal Monitors Market refers to the market for devices used to monitor the health and vital signs of newborn babies and fetuses during pregnancy. These monitors are used to track various parameters such as heart rate, respiratory rate, blood pressure, oxygen saturation, and temperature to identify any potential health risks and to ensure timely intervention to prevent any complications. The market includes both portable and fixed monitors, and is driven by the growing incidence of premature births, rising awareness of the importance of fetal and neonatal monitoring, and technological advancements in these devices.
The Neonatal and Fetal Monitors Market has a significant presence across various regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
North America dominates the market owing to the increasing prevalence of premature births, the rising adoption of advanced technology, and favorable government initiatives for the development of innovative medical devices. In addition, the presence of major market players in the region is also contributing to market growth.
Key Players:
- Koninklijke Philips N.V.
- GE Healthcare
- Medtronic PLC
- Becton, Dickinson, and Company
- Spacelabs Healthcare
- Drägerwerk AG & Co. KGaA
- Siemens Healthineers
- Phoenix Medical Systems
- Analogic Corporation
- Masimo Corporation
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Key Segments Covered in the Neonatal and Fetal Monitors Industry Survey
By Product:
- Fetal Monitoring Devices
- Heart Rate Monitors
- Uterine Contraction Monitor
- Pulse Oximeters
- Others
- Neonatal Monitoring Devices
- Cardiac Monitors
- Capnography
- Blood Pressure Monitors
- Pulse Oximeters
By End User:
- Hospitals
- Neonatal Care Centers
Market HighlightsThe global fetal and neonatal care equipment market held a market value of USD 5,103 million in 2017 and is projected to grow at a CAGR of 6.8% over the forecast period.
Technological advancements and launching new innovative devices in the fetal and neonatal care equipment market are driving the market growth.
For instance, PerkinElmer’s QSight 210 MD system launched in September 2016, utilizes tandem quadrupole analysis which provides regular robust screening along with higher sensitivity and faster scanning.Request Sample Copy:https://www.marketresearchfuture.com/sample_request/7511Regional AnalysisOn regional basis, the Americas is anticipated to dominate the global fetal and neonatal care equipment market owing to the growing R budgets by both government as well as commercial pharmaceutical and biotechnological companies and increasing adoption of advanced technologies in the region.
Europe is expected to hold the second largest position in the global fetal and neonatal care equipment market owing to the presence of strong academic & research base and availability of funding for research in the European countries.
The Middle East & Africa has the least share of the global fetal and neonatal care equipment market.
Moreover, the major market share of the region is expected to be held by the Middle East region owing to the increasing government initiatives for the healthcare sector.
Market Research Future (MRFR) proclaims that the global fetal and neonatal care equipment is predicted to garner 6.8% during the forecast period (2018-2023).
The surging number of neonatal care facilities is influencing the market growth.
Fetal and neonatal care equipment can be described as a type of medical device category with the help of which doctors and physicians can continuously care and monitor the infants.
Among these, the neonatal monitoring devices are estimated to gain prominence due to constant technological advancements and improvements in connectivity and ease-of-use in home settings.By mode of end-users, the global fetal and neonatal care equipment market has been segmented into fertility centers, hospitals & clinics, and others.
Among these, the hospitals & clinics segment is estimated to gain significant prominence in the coming years owing to the large R capabilities along with the requirement to house the most technologically advanced equipment in order to ensure better reimbursement.Fetal and Neonatal Care Equipment Market Key PlayersThe prominent players operating in the fetal and neonatal care equipment market comprises Fisher & Paykel Healthcare Limited, Toitu Co. Ltd., Phoenix Medical Systems Pvt.
Ltd., Drägerwerk AG & Co. KGaA, Masimo Corporation, Edan Instruments Inc., Arjo, Atom Medical Corporation, Philips Healthcare, Utah Medical Products Inc., Natus Medical Incorporated, Cardinal Health, Medtronic PLC, Vyaire Medical Inc., GE Healthcare, and others.Fetal and Neonatal Care Equipment Market Regional AnalysisGeographically, the fetal and neonatal care equipment market span across regions namely, Europe, Asia-Pacific, and the Middle East & Africa.Considering the global scenario, the American region is predicted to dominate the fetal and neonatal care equipment market due to the presence of prominent market players coupled with high domestic income.
Market HighlightsThe global fetal and neonatal care equipment market held a market value of USD 5,103 million in 2017 and is projected to grow at a CAGR of 6.8% over the forecast period.
Technological advancements and launching new innovative devices in the fetal and neonatal care equipment market are driving the market growth.
For instance, PerkinElmer’s QSight 210 MD system launched in September 2016, utilizes tandem quadrupole analysis which provides regular robust screening along with higher sensitivity and faster scanning.Request Sample Copy:https://www.marketresearchfuture.com/sample_request/7511Regional AnalysisOn regional basis, the Americas is anticipated to dominate the global fetal and neonatal care equipment market owing to the growing R budgets by both government as well as commercial pharmaceutical and biotechnological companies and increasing adoption of advanced technologies in the region.
Europe is expected to hold the second largest position in the global fetal and neonatal care equipment market owing to the presence of strong academic & research base and availability of funding for research in the European countries.
The Middle East & Africa has the least share of the global fetal and neonatal care equipment market.
Moreover, the major market share of the region is expected to be held by the Middle East region owing to the increasing government initiatives for the healthcare sector.SegmentationThe global fetal and neonatal care equipment market has been segmented into type, product, and end user.
