Fetal Monitoring Market Emerging Trends,Forecasts 2018-2026 And Major Key Companies
Fetal monitoring
devices are used to monitor the heart rate and movement of the fetus
and maternal contractions. In medical terms, fetal monitoring is
imperative to constantly monitor health of the unborn baby and ensure
a safe birth. Fetal monitoring measures the heart rate of the baby.
Healthcare providers perform fetal monitoring during late pregnancy
and labor, as that process is crucial for keeping the mother and the
child safe and healthy. These are also used to monitor chronic mental
retardation, hypothermia, lung diseases, neonatal diseases, vision &
hearing problems, and jaundice.
Fetal monitoring is
usually done using handheld doppler device or an electronic fetal
monitor. Fetal monitoring is necessary to avoid complications during
labor or if patient gets an epidural or if oxytocin is required to
induce or augment labor. Moreover there are two ways to perform
fetal monitoring namely, external and internal. Fetal monitoring is
especially helpful if the patient is expected to have a high-risk
pregnancy, especially women suffering from high blood pressure or
diabetes.
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Increase in
birth rate fuels the growth of fetal monitoring market
The boost in fetal
monitoring market is due to increased rate of birth and pre-term
births. Various government and nongovernment organizations are
actively taking initiatives to provide better maternal and fetal
care. However, rise in number of problems during pregnancy due to
high-blood pressure, diabetes, pre-term labor medicine affect the
fetus. So, fetal monitoring device are used routinely by gynecology
and obstetrics interventions to examine fetal health during labor and
delivery.
Furthermore,
advancement in technology such as wireless or real time analysis also
expands the market of fetal monitoring devices. The demand of fetal
monitoring device is also increased significantly in past few years
to reduce intrapartum stillbirths. According to WHO, annually 15
million babies are born pre-term which leads to death. Pre-term
babies live only till approx. 5 years of age which is also
responsible for nearly 1 million deaths in 2015.
Regional
growth engines for fetal monitoring market
Asia Pacific is an
emerging region for fetal monitoring market, as healthcare awareness
is on the rise in the region and the region is the most populous.
However, according to stats mention in World Population Prospects:
2015 Revision, the total fertility was pegged at 2.5 children per
woman globally. However, there is wide regional difference across the
globe that is further expected to offer irregular scenario over the
forecast period in fetal monitoring industry.
Major
acquisitions to support growth of fetal monitoring market
Rise in support from
government for enhanced maternal facilities such as subsidies given
by government to expand care in rural area to private not-for-profit
organization, in countries like Uganda as they have poor healthcare
facilities. Whereas, the Government of the Philippines has also
placed health and maternal health high on its political agenda of
reform.
Moreover, rising
investment of company for development of new features for fetal
monitoring devices expects to increase the working efficiency of
company and broadens its product portfolio. Key players in the fetal
monitoring market include ArjoHuntleigh, Inc. (U.S.), C FUJIFILM
SonoSite, Inc. (U.S.), GE Healthcare (U.K.), Natus Medical
Incorporated (U.S.), Neoventa Medical (Sweden), ovidien PLC (U.S.),
Philips Healthcare (Netherlands), Siemens Healthcare (Germany),
Analogic Corporation (U.S.), and Spacelabs Healthcare Inc. (U.S.).
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