2019 Forecast for Fetal Monitoring Market to Be Worth $2.9 BillionApril 21, 2015
A new market research report entitled, “Fetal Monitoring Market by Product (Ultrasound, Electronic Fetal Monitors, Electrodes, Doppler, Uterine Contraction, Telemetry), Portability, Method (Invasive), Application (Antepartum, Intrapartum), End User (Hospital, Clinics) - Forecast to 2019", was recently published by MarketsandMarkets. According to the research, the global fetal monitoring market is expected to rise from $1,688.7 Million in 2014 to $2,346.4 Million in 2019 at a five-year compound annual growth rate (CAGR) of 6.8%.
The report details the major factors that will impact the fetal monitoring market. It also provides revenue estimates and forecasts, along with a market share analysis. The fetal monitoring market segments are separated according to products, portability, methods, applications, and end users.
Among the end user groups, the hospital segment is forecasted to grow at the highest CAGR within the span of five years. The report attributes this increase to the growing rate of maternal mortality, fetal birth defects, and the rising number of government organization initiatives to improve prenatal care.
Geographically, North America is expected to take a majority of the market share from 2014 to 2019. This is due to factors such as increasing government support for enhanced maternal facilities and rising company investments for new product development.
According to the report, the key market players will include companies such as GE Healthcare (U.K.) and Philips Healthcare (Netherlands).
Given the increasing need for fetal monitoring solutions, clinicians and healthcare providers should ensure that their fetal monitoring devices are up-to-date and properly maintained. AIV offers excellent quality replacement fetal monitoring transducers, accessories, and repair services for leading manufacturers including GE and Philips. Learn more about AIV’s extensive array of fetal monitoring products and services by visiting http://aiv-inc.com/fetal-monitor-transducers.html.
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