Global Intrapartum Monitoring Devices Market Size By Type (Electrodes, Monitors), By End-User (Hospitals, Maternity Clinics), By Geographic Scope And Forecast
Published on: 2024-08-07 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Intrapartum Monitoring Devices Market Size By Type (Electrodes, Monitors), By End-User (Hospitals, Maternity Clinics), By Geographic Scope And Forecast
Intrapartum Monitoring Devices Market Size And Forecast
Intrapartum Monitoring Devices Market size was valued at USD 1.35 Billion in 2020 and is projected to reach USD 2.34 Billion by 2028, growing at a CAGR of 7.14 % from 2021 to 2028.
Rising concerns in terms of improved maternity care and a growing number of preterm births are some of the factors anticipated to foster market growth during the forecast period. The Global Intrapartum Monitoring Devices Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Intrapartum Monitoring Devices Market Definition
Intrapartum Monitoring is the most common method used to assess the fetus during labor without substantial evidence to suggest a benefit. Intrapartum monitoring device is a type of fetal monitoring device which is used for assessing uterine activity and fetal heart rate patterns during the onset of labor. These devices aid in reducing risks and complications such as brain damage, cerebral palsy, newborn seizures, or fetal death during childbirth.
Intrapartum monitoring devices include monitors and electrodes that can be used for fetal and maternal health monitoring. Fetal care devices have developed with technological advancement in medical devices and new product launches by the potential players in the market. Also, these devices are now being used for uterine contractions to ensure the good health of the fetus. The advancements in intrapartum monitoring devices are playing a very important role in maternal care along with the improvements and enhancements in gynecological devices.
Global Intrapartum Monitoring Devices Market Overview
The global Intrapartum Monitoring Devices Market is mainly driven by rising concerns in terms of improved maternity care and a growing number of preterm births and, development in healthcare infrastructure globally. There has been an increase in complications during birthing and during the pregnancy duration. This has resulted in an increase in awareness towards such devices and, monitoring and preventive measure.
Besides, the inclusion of factors such as ease of access and affordability in intrapartum care facilities are expected to fuel the market growth. Moreover, the increasing demand for cost-effective medical device of medical devices is expected to boost market growth over the forecast period. Governments of different countries are actively trying to provide healthcare systems to all segments of the population. This includes providing healthcare benefits and free healthcare to the population that falls below the poverty line.
These factors are anticipated to act as growth propellers. However, the issues coupled with the affordability and availability of Intrapartum Monitoring Devices Market growth. Nevertheless, the increasing investment by emerging countries in the private healthcare sector, and increasingly focusing on the development of advanced intrapartum monitoring devices will offer favorable opportunities for the Intrapartum Monitoring Devices Market in the coming years.
Global Intrapartum Monitoring Devices Market Segmentation Analysis
The Global Intrapartum Monitoring Devices Market is segmented on the basis of Type, End-User, And Geography.
Intrapartum Monitoring Devices Market, By Type
- Electrodes
- Monitors
Based on Type, The market is bifurcated into Electrodes and Monitors. The Electrodes segment is further bifurcated into Intrauterine Pressure Catheter, Transducer for Uterine Contractions, Fetal Scalp Electrodes, and Transducer for Fetal Heart Rate segments. The Electrodes segment is anticipated to account for the highest share. This can be attributed to the fact that these devices are purchased frequently and in high quantities. The Fetal Scalp Electrodes are the most bought Electrodes. This can be attributed to their applicability in ascertaining the fetus’ movements when external monitors are unable to do so.
Intrapartum Monitoring Devices Market, By End-User
- Hospitals
- Maternity Clinics
- Others
Based on End-User, The market is bifurcated into Hospitals, Maternity Clinics, and Others. The Hospitals and Maternity Clinic segments are anticipated to register significant growth. This can be attributed to the increase in awareness regarding healthcare and the increase in government initiatives towards the same.
Intrapartum Monitoring Devices Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of The World
On the basis of Regional Analysis, The Global Intrapartum Monitoring Devices Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America is anticipated to account for the highest market share. This can be attributed to the increase in disposable income, investment in the healthcare sector, and general awareness regarding health and well-being. Asia-Pacific is anticipated to be the Intrapartum Monitoring Devices Market. This can be attributed to the economic development of countries in the region.
Key Players
The “Global Intrapartum Monitoring Devices Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are General Electric Company, Koninklijke Philips N.V., Medtronic, Mindchild Medical, Inc., OBMedical Company, Massey Feguson Limited, Monica Healthcare Ltd., Edan Instruments, Inc., Soma Technology, Inc., and A J Medical.
Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2017-2028 |
BASE YEAR | 2020 |
FORECAST PERIOD | 2021-2028 |
HISTORICAL PERIOD | 2017-2019 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | General Electric Company, Koninklijke Philips N.V., Medtronic, Mindchild Medical, Inc., OBMedical Company, Massey Feguson Limited |
SEGMENTS COVERED | • By Type |
CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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