Fetal Monitors: A Global Strategic Business Report
San Jose, California (PRWEB) March 22, 2012
Follow us on LinkedIn – Though the market for fetal monitors has reached a slow growth phase in developed countries of the US and Europe, growth opportunities emanating from Eastern Europe and the Far East is expected to enable the industry enjoy sustainable, long-term growth. Increasing demand in these countries can be attributed to improvements in standards of care in obstetrics and gynecology. Moreover, the high population growth rates in most of the developing nations provide lucrative opportunities for Fetal Monitor manufacturers. Although, home-based fetal monitoring devices are extensively available in most of the developed countries, their use in developing countries is not as widespread. Given, the relatively lower penetration rates of these devices in developing markets, opportunities for future growth is expected to stem from untapped markets in Asia, Latin America, and Eastern Europe. Apart from this, the availability of non-invasive and safer prenatal diagnostic techniques and the development of wireless handheld fetal monitors designed for remote monitoring of real time data are expected to open new growth opportunities. Besides offering improved patient care and raising efficiency, these devices mark an important step towards lowering healthcare costs.
As stated by the new market research report on Fetal Monitors, the US continues to remain the largest regional market. Asia-Pacific is forecast to register the fastest CAGR over the analysis period, followed by Latin America. Intrapartum monitors constitutes the larger segment, accounting for a major share of revenues. This is largely due to difference between the average price of intrapartum and antepartum monitoring devices. Antepartum segment is poised to register relatively faster growth compared to Intrapartum monitors.
Major market participants profiled in the report include Analogic Corp., ArjoHuntleigh, Carefusion Corporation, Philips Healthcare, Spacelabs Healthcare Inc., among others.
The research report titled "Fetal Monitors: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of trends, issues, strategic industry activities, and profiles of major companies worldwide. The report provides market estimates and projections (US$ Million) for the years 2009 through 2017 across major geographic markets including United States, Canada, Japan, France, Germany, United Kingdom, Italy, Asia-Pacific, and Latin America. Key product segments analyzed in the study include Antepartum Fetal Monitors and Intrapartum Fetal Monitors.
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About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
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