San Francisco, 3 October 2018:
According
to a report published by Grand View Research, Inc., global intrapartum
monitoring devices market is anticipated to reach USD 2.83 billion by
2025. Growing requirement for advanced medical devices to reduce maternal and
infant mortality rate is anticipated to propel the market over the forecast
period (2014 to 2025). Intrapartum monitoring devices offer safety, cost-effectiveness
and technical feasibility in terms of maternal care.
Rising awareness regarding
complications during childbirth and efforts towards provision of adequate
medical facilities to prevent them can drive the global market. High demand for
obstetric monitoring and other infant care facilities to reduce infant
mortality can augment expansion of the market for intrapartum monitoring
devices in the forthcoming years. Prevalence of obesity and Gestational Diabetes
Mellitus (GDM) are also anticipated to fuel the growth during the forecast
period. However, unaffordability of maternal care services among women living
in low income countries can restrain market growth.
The worldwide intrapartum
monitoring devices market can be segregated on the basis of type and region. Based
on type, the market can be categorized into electrodes and monitors. Electrodes
can be segmented further into intrauterine pressure catheter, fetal scalp
electrodes, transducer for Fetal Heart Rate (FHR) and transducer for uterine
contractions. The electrodes segment is expected to hold the largest market
share over the forecast period owing to high purchase volumes.
The monitor segment is projected
to witness fastest CAGR during the forecast period. Electronic fetal monitors provide
numeric data about FHR and transducer for uterine action (UA) allowing monitoring
of fetal situation, early detection of abnormality, and prevention of
complications.
Access
Research Report of Intrapartum
Monitoring Devices Market@ www.grandviewresearch.com/industry-analysis/intrapartum-monitors-market
Electrodes in intrapartum
monitoring can be either externally attached or minimally invasive for internal
fetal monitoring. Transducer for uterine contractions and transducer for FHR come
under external fetal monitoring electrodes. Whereas, intrauterine pressure
catheters and fetal scalp electrodes come under internal fetal monitoring
electrodes. In 2016, fetal scalp electrodes held the largest market share. High
demand for internal monitoring in mothers suffering from obesity and GDM fueled
product demand. However, transducers for FHR are likely to witness significant
growth during the forecast period.
Regional segmentation includes
Asia Pacific, Europe, North America, Latin America, and Middle East and Africa.
In 2016, North America dominated the market and accounted for the largest
market share. Growing cases of obesity and premature births are likely to
positively influence demand for intrapartum monitoring devices in the region.
According to the World Health Organization (WHO) and Health Canada, the obesity
rate among women 18.7% in 2014. Obese women are more likely to face
complications during childbirth. Mortality rate of maternal and infant is
expected to be lower in Canada compared to U.S. Supportive government initiatives
to provide advanced maternal care solutions is anticipated to propel regional
market growth.
Browse more reports of this category by
Grand View Research at: www.grandviewresearch.com/industry/medical-devices
In Europe, the intrapartum
monitoring devices market is anticipated to witness significant growth owing to
rising population of women. Total number of population in European Union is
expected to be more than 738 million. Growing concerns of European Health Commission
regarding improvement of maternal care is anticipated to reduce mortality rate
among infants and maternal in the region. This, in turn, can fuel growth of the
regional market in near future.
In Asia Pacific, the market is
expected to witness the fastest CAGR during the forecast period. India and
China account for the largest global population. High number of patients is
likely to provide lucrative growth opportunities for the regional market. Rising
demand for advanced maternal care and growing cases of premature birth
complications is estimated to stimulate growth over the forecast period. In
addition, local governments are focusing on premature birth rate and on controlling
maternal and infant mortality rate, which in turn, can fuel regional market growth.
Some of the leading companies in
the intrapartum monitoring devices market are Medtronic plc, Olympus
Corporation, Analogic Corporation, GE Healthcare, and Stryker Corporation. Most
companies are likely to take strategic initiatives such as mergers and
acquisitions (M&A) and development of new products to expand their product
portfolio. In addition, companies are also looking to sign partnerships with
other companies to expand their geographic foothold.
Access
Press Release of Intrapartum Monitoring Devices Market@ www.grandviewresearch.com/press-release/global-intrapartum-monitoring-devices-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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