Intrapartum Monitoring Devices Market-
The intrapartum monitoring devices market was valued at $0.82 million in 2021, and is estimated to reach $1.6 billion by 2031, growing at a CAGR of 7% from 2022 to 2031.
CAGR: 7%
Current Market Size: USD 0.82 Million
Forecast Growing Region: APAC
Largest Market: North America
Projection Time: 2021 – 2031
Base Year: 2021
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Intrapartum Monitoring Devices-
Intrapartum fetal monitoring to assess fetal well-being during the labor and delivery process has been a central component of intrapartum care. Moreover, technique like electronic fetal monitoring (EFM) is the most common method used to assess the fetus during labor without substantial evidence to suggest a benefit. Despite the lack of scientific support to suggest that electronic fetal monitoring reduces adverse neonatal outcomes, its use is almost universal in the hospital setting has contributed to the rise in cesarean rate.
The intrapartum monitoring devices market is segmented on the basis of product type, method, end user and region. On the basis of product type, the Intrapartum Monitoring Devices Market Shareis bifurcated into monitors and electrodes. On the basis of method, the market is classified into invasive and non-invasive. On the basis of end user, the market is classified into hospitals, maternity centers and others. Region wise, the market is studied across North America, Europe, Asia-Pacific and LAMEA.
The growth of the global intrapartum monitoring devices market is expected to be driven primarily by Intrapartum Monitoring Devices Market Trends such as rising prevalence of premature births resulting into various complications related to child birth, rising high birth rate in developing and developed countries, and fatalities that involve preterm births. Many pregnant women can be benefited by the use of intrapartum monitoring devices for monitoring the heart rates of the fetus and maternal health. Hence, increase in demand for safe and effective monitoring of the maternal health is fueling the growth of the market.
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On the basis of region, the market is studied across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and Rest of LAMEA). In 2021,
North America was the dominant region and is expected to remain dominant throughout the forecast period, owing to high expenditure in the research and development activities by the market players, increase in the number market players present in the Intrapartum Devices Industry and surge in the product launches in the region. However, Asia-Pacific is expected to witness the highest CAGR during the analysis period, owing to increase in the number of hospital visits for intrapartum procedures which helps accelerate the demand for intrapartum monitoring devices.
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On the basis of end user, the maternity centers segment is anticipated to grow at the highest rate, owing to upsurge in demand of intrapartum monitoring among the maternity centers. Moreover, increase in number of maternity centers, rise in cases of preterm births and advancements in monitoring devices countries contribute toward the Intrapartum Monitoring Devices Market Growth.
On the basis of product type, the electrodes segment is projected to exhibit the fastest market growth during the forecast period, owing to increase in the adoption of the electrodes for effectively monitoring the maternal and fetal health and rise in the number of patients of preterm births. The main advantage of monitors is to identify fetuses that are being inadequately oxygenated, enabling appropriate action before the occurrence of injury. This type of advantage of using the monitoring devices can help in the adoption thereby increasing the growth of the market.
Intrapartum Monitoring Devices market Key Players
The Intrapartum Monitoring Devices market includes a variety of players from pharmaceutical companies to therapy providers. Some key players in the market include:
• Koninklijke Philips N.V.,
• Cooper Companies Inc.,
• Huntleigh Healthcare Limited,
• Stalwart Meditech ,
• Rocket Medical plc,
• MedGyn products, inc.,
• Laborie, General Electric Company,
• Mindchild Medical, Inc.,
• Cardinal Health Inc.
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