Pune, India -- (SBWIRE) -- 05/29/2018 -- Global Fetal Monitoring Market is expected to reach USD 3,245.49 million by 2024 from USD 1,954.00 million in 2016, at a CAGR of 6.7% in the forecast period 2017 to 2024.

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Global Fetal Monitoring Market Competition by Top Players Including –


- Siemens, GE healthcare,

- Edan Instruments Inc.,

- Neoventa Medical AB,

- Koninklijke Philips N.V.,

- Fujifilm Holding Corporation,

- Medtronic,

- Natus Medical incorporated,

- Cooper Companies, Inc.,

- MedGyn Products Inc.,

- Dixion,

- Lutech Industries Inc,

- Advanced Instruments, Inc,

- Shenzhen Bestman Instrument Co., Ltd.,

- TRISMED Co., LTD,

- Progetti Srl,

- ArjoHuntleigh,

- Analogic Corporation,

- Wallach Surgical Devices,

- OSI System Inc.


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INCREASING BIRTH RATES AND PRETERM BIRTHS

Fetal monitoring market is growing due to increasing birth rate and pre term births. A premature birth or preterm birth takes place more than three weeks before the baby is due or before the start of the 37th week of gestation period. Due to premature birth the baby gets less time in the womb to develop. According to world health organization, ever year more than 15 million babies are premature. Increase in the number of complications during pregnancies including high blood pressure, effects of pre-term labor medicines, miscarriage, low amniotic fluid, gestational diabetes, continuous fetal monitoring is required by the healthcare provider to examine fetal movement along with maternal health. The demand of fetal monitoring is also increased to reduce intrapartum stillbirth.

TECHNOLOGICAL ADVANCEMENTS AND NEW PRODUCT LAUNCH

Fetal monitoring is the most common and obvious obstetric procedure which is done during the gestation period till the delivery time. However, due to false positive results and miscommunication between providers, sometimes these devices have become very problematic to handle. Technologically advanced invasive and noninvasive monitoring devices are now a day used by various clinics and hospitals which improve accuracy in monitoring fetal heart rate. With the increase in the birth rate and pre term births, it has become vital for companies to manufacture smart and advanced technologies, which offer accurate and proper care to maternal and fetal health. A majority of companies operating in this market are involved in the research and development to manufacture and launch new products that can effectively cater to the needs of patients and enable effective monitoring. This is anticipated to generate growth opportunities for fetal monitor manufacturing companies in the market.

GOVERNMENT AND NON-GOVERNMENT FUNDS FOR THE BEST FACILITIES

Increasing initiatives by non-government organizations for improving prenatal care facilities are also helping the market to grow. Furthermore, government support in the form of funding also drives the growth of this market. Emerging markets in Asia Pacific regions have opened an array of opportunities for the growth of the fetal monitoring market.

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