Increase in Older Mothers & Preterm Births to Drive the Global Fetal Monitors Market, According to New Report by Global Industry Analysts, Inc.
San Jose, California (PRWEB) January 14, 2015 -- Follow us on LinkedIn – Preterm or premature childbirth represents the primary driver of growth in the fetal monitors market. Risk of infant mortality rises significantly with premature birth, thus necessitating the need for continuous fetal monitoring. The rate of preterm births worldwide has increased drastically over the last 20 years, with one out of every 10 births being a preterm/premature birth. About 15 million premature births take place annually across the world. The underlying reasons for a premature delivery, such as, delayed pregnancies, multiple pregnancies, uterus abnormalities, and rise in incidence of pre-eclampsia, kidney disease, heart disease, diabetes, present a strong business case for fetal monitoring equipment.
Fetal monitors play a pivotal role in perinatal and maternal care by significantly reducing mortality rates during child birth. A fetal monitor is a device used to record vital physiologic functions of the fetus during pregnancy and childbirth. Rising incidences of cardio pulmonary diseases and increasing multiple births as a result of the growing success rate of in-vitro fertilization (IVF) treatments, are driving benefiting growth in the market. Development of wireless handheld fetal monitors designed for real time remote monitoring is expected to augur well for market growth. Advanced models that help in monitoring maternal parameters including blood pressure, maternal heart rate, and maternal SpO2, also bode well for market expansion in the near term. Wearable fetal monitors are expected to revolutionize the market with expectant mothers set to don electronic stickers or tattoos for continuous monitoring of a fetus in the womb. Future models will be equipped with the ability to upload data into cloud in real time from any location.
As stated by the new market research report on Fetal Monitors, the United States represents the largest market worldwide. Asia-Pacific ranks as the fastest growing market with a CAGR of 5.6% over the analysis period. Improvements in the standard of care in obstetrics and gynecology, rising health awareness, expanding population, high birth rates, and rising per capita healthcare spending, represent key factors driving growth in the region.
Key players covered in the report include CooperSurgical Inc., EDAN Instruments Inc., GE HealthCare, Huntleigh, Mediana Co. Ltd., Natus Medical Inc., Neoventa Medical AB, Philips Healthcare, SpaceLabs Healthcare Inc., and Wallach Surgical Devices 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 market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies. The report provides market estimates and projections for major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), Latin America (Brazil, and Rest of Latin America), and Rest of World. Product segment analyzed include Antepartum Monitors and Intrapartum Monitors.
For more details about this comprehensive market research report, please click here
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 1500+ 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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