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Neonatal and Fetal Monitors Market

Market Insights on Neonatal and Fetal Monitors covering sales outlook, demand forecast & up-to-date key trends

Neonatal and Fetal Monitors Market By Product, Neonatal Monitoring Devices & Region - Forecast 2022-2032

Neonatal and Fetal Monitors Market Overview

The global neonatal and fetal monitors market has set a valuation of US$ 8.2 Bn in 2021, and further, is expected to expand at a CAGR of 6.5% to reach US$ 14.4 Bn by the year 2032.

“The increasing demand for neonatal and fetal monitors to assist the preterm newborns is expected to uplift the neonatal and fetal monitors market growth.”

In order to monitor the health of the fetus throughout labor and delivery, fetal monitors are essential tools that are frequently employed in gynecology and obstetric procedures. In neonatal intensive care units (NICUs), complex machinery and monitoring devices are designed for the special needs of new-borns babies, neonatal gadgets are widely employed. During pregnancy and childbirth, fetal heart rate and uterine contractions are monitored with fetal and neonatal monitors.

Attributes

Details

Neonatal and Fatal Monitors Market Value in 2021

US$ 8.2 Bn

Neonatal and Fatal Monitors Market Value in 2032

US$ 14.4 Bn

Neonatal and Fatal Monitors Market CAGR (2022-2032)

6.5%

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What are the Major Drivers Boosting the Demand for Neonatal and Fetal Monitors Market?

The market for neonatal and fetal monitors is now being greatly accelerated by technical advancements and developments, which in turn are driving up demand for these devices. Neonatal and fetal monitor sales are being driven forward by an increase in the frequency of twins and triplets as a result of the increased use of reproductive treatments in multiple pregnancies that result in premature birth. The need for neonatal and fetal monitors is expected to increase in the near future due to the healthcare sector's rapid technological improvement.

The market for neonatal and fetal monitors is anticipated to grow significantly during the forecast period as a result of the US FDA approving more products, which is predicted to boost neonatal and fetal monitor sales. Additionally, to lower the newborn death rate, numerous healthcare authorities in poor nations are actively raising awareness. These elements have contributed to the market's expansion.

Which Region Shows Strong Growth Potential in the Neonatal and Fetal Monitors Market?

The global neonatal and fetal monitors market is segregated into seven major regions – North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East and Africa.

Due to the sophisticated and well-organized healthcare systems in the United States and Canada, North America dominates the neonatal and fetal monitors market. These nations have exceptionally high healthcare costs because they support fetal and neonatal device research and development. These regulations encourage many businesses to operate in this region.

Furthermore, the Asia region is expected to grow at a rapid pace owing to the increasing healthcare awareness and rising disposable income of the population in developing economies. Also, due to the developing healthcare infrastructure, the increasing number of hospitals and clinics is resulting in the development of the market in the Asian region.

Sabyasachi Ghosh
Principal Consultant
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Who are the Key Players in the Neonatal and Fetal Monitors Market?

Some of the market players operating in the neonatal and fatal monitors market are Koninklijke Philips N.V., GE Healthcare, Medtronic PLC, Becton, Dickinson and Company, Spacelabs Healthcare, Drägerwerk AG & Co. KGaA, Siemens Healthineers, Phoenix Medical Systems, Analogic Corporation, Masimo Corporation, and other.

Scope of Report

Report Attributes

Details

Growth Rate

CAGR of 6.5% 2022-2032

Base Year for Estimation

2021

Historical Data

2012-2021

Forecast Period

2022-2032

Qualitative Units

Revenue in USD Billion, Volume in Units, and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segment Covered

  • Product
  • End User
  • Region

Region Covered

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Mexico
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • China
  • Japan
  • South Korea
  • Malaysia
  • Singapore
  • Australia
  • New Zealand
  • GCC
  • South Africa
  • Israel

Key Players

  • Koninklijke Philips N.V.
  • GE Healthcare
  • Medtronic PLC
  • Becton, Dickinson and Company
  • Spacelabs Healthcare
  • Drägerwerk AG & Co. KGaA
  • Siemens Healthineers
  • Phoenix Medical Systems
  • Analogic Corporation
  • Masimo Corporation

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Key Segments Covered in the Neonatal and Fetal Monitors Industry Survey

By Product:

  • Fetal Monitoring Devices
    • Heart Rate Monitors
    • Uterine Contraction Monitor
    • Pulse Oximeters
    • Others
  • Neonatal Monitoring Devices
    • Cardiac Monitors
    • Capnographs
    • Blood Pressure Monitors
    • Pulse Oximeters

By End User:

  • Hospitals
  • Neonatal Care Centers

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Middle East and Africa

Frequently Asked Questions

The global neonatal and fetal market is anticipated to register a CAGR of 6.5% during the forecast period.

The top players in the global neonatal and fetal market are Koninklijke Philips N.V., GE Healthcare, Medtronic PLC, Becton, Dickinson and Company, Spacelabs Healthcare, and others.

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Sabyasachi Ghosh
Principal Consultant
LinkedIn
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Neonatal and Fetal Monitors Market