[FURL=https://www.industryarc.com/Research/Fetal-Monitoring-Market-Research-501276]Fetal Monitoring Market[/FURL] size in 2019 is estimated to be $2.63 billion, growing at a CAGR of 7% during the forecast period 2020-2025. Fetal monitoring is a fundamental device used for monitoring uterine contractions during labor. Electronic Fetal Monitoring tracing (EFM Tracing) mainly monitors the well-being and antenatal care of fetus and progress of labor. It is referred as medical method to check the health of an unborn baby to ensure a safe birth. Growth in premature delivery rate and technological development are the major factors driving the growth of the market. Moreover, increasing involvement of government and non-government funds for the best facilities further enhance the overall market demand for fetal monitoring during the forecast period 2020-2025.Key Takeaways
In 2019, North America dominates the fetal monitoring market owing to technological development, and rising patient awareness regarding health and better reimbursement policies.
Growth in premature delivery rate and technological advancement are driving the market growth of fetal monitoring.
Detailed analysis of the Strength, Weakness, and opportunities of the prominent players operating in the market will be provided in the fetal monitoring market report.
The high cost of equipment and lack of proper guidelines are challenging the growth of the market.
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Geography - Segment Analysis
North America dominated the fetal monitoring market share accounting for 39% of the market in 2019. This is mainly owing to technologically advanced healthcare infrastructure, rising patients awareness regarding health and better reimbursement policies. According to World Health Organization (WHO), around 4 million new births take place in U.S. and almost every pregnant women undergoes proper fetal monitoring t check the physical condition of baby and any other complications.
However, the Asia-Pacific region is forecast to be the fastest-growing during the forecast period 2020-2025. This is owing to increasing healthcare awareness, rising disposable incomes, increasing number of hospitals and growing geriatric population.
Drivers – Fetal Monitoring Market
Growth in the Premature delivery rate
Technological Advancements
Fetal Monitoring Industry Outlook: Fetal Monitoring top 10 companies are Siemens Healthcare, GE Healthcare, Neoventa Medical AB, Fujifilm Sonosite, Inc., Philips Healthcare, Spacelabs Healthcare, Analogic Corporation, Natus Medical Incorporated, Arjohuntleigh, and Medtronic Plc.
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