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Fetal Monitoring Market Size
- Report ID: GMI6841
- Published Date: Oct 2023
- Report Format: PDF
Fetal Monitoring Market Size
Fetal Monitoring Market size was valued at USD 5.1 billion in 2022 and is estimated to account for USD 9.7 billion by 2032.
Fetal monitoring is a medical procedure and diagnostic technique used during pregnancy to monitor and assess the well-being and vital signs of a developing fetus. It involves the continuous or periodic measurement and recording of key fetal parameters such as the fetal heart rate and uterine contractions to ensure the baby's health and detect any signs of distress or abnormalities. Moreover, this monitoring assists healthcare providers in making informed decisions about pregnancy management and ensuring a safe childbirth process.
Furthermore, the fetal monitoring market is growing due to rising pregnancy-related complications, technological advancements in monitoring devices, government initiatives for maternal and child health, increased adoption of non-invasive devices, and a surge in preterm births and infertility treatments. These above-mentioned factors are anticipated to accelerate the vital role of fetal monitoring in ensuring safe pregnancies and childbirth.
The increasing occurrence of pregnancy-related complications, such as gestational diabetes, preeclampsia, and placental abnormalities is fueling the demand for market. For instance, according to the World Health Organization (WHO), preeclampsia impacts 2% to 10% of pregnancies globally, with a higher incidence of 1.8% to 16.7% in developing countries compared to the lower rate of 0.4% in developed nations.
Additionally, as per the Centers for Disease Control and Prevention (CDC), the diagnosis rate of gestational diabetes among mothers giving birth increased from 6.0% in 2016 to 8.3% in 2021. Therefore, these complications can have adverse effects on both the mother and the fetus. Continuous fetal monitoring helps healthcare providers detect and manage these complications in a timely manner, improving the chances of a safe pregnancy and delivery thereby bolstering market growth potential.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Fetal Monitoring Market Size in 2022: | USD 5.1 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 6.7% |
| 2032 Value Projection: | USD 9.7 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 589 |
| Tables, Charts & Figures: | 669 |
| Segments covered: | Product, Portability, Method, End-use, and Region |
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Fetal Monitoring Market Scope
