Report Description
Fetal and Neonatal Care Monitoring Market Outlook 2031
The Fetal and Neonatal Care Monitoring Market was USD 8.20 Billion in 2022 and is likely to reach USD 14.42 Billion by 2031, expanding at a CAGR of 6.47% during 2023 – 2031. The growth of the market is attributed to growing technological advancement in infant and maternal care products, increasing number of preterm and low-weight births, and rising congenital and pregnancy complications due to sedentary lifestyle.
Fetal monitoring devices are vital tools routinely used in gynecology and obstetrics interventions to examine fetal health during labor and delivery. Neonatal devices are extensively used in neonatal intensive care units (NICUs) where complex machines and monitoring devices are designed for the unique needs of newborn babies.
The COVID-19 pandemic had an adverse impact on the fetal and neonatal care monitoring market. There has been significant reduction in premature births during the 2020 nationwide lockdown. Additionally the neonatal immune system plays a crucial role in fighting against SARS-CoV2 infection. Therefore, the need for fetal and neonatal care monitors to fight the COVID-19 infection is not imperative thereby hindering the market growth; however, the government’s steps and strategies have helped to neutralised the situation. This pandemic has encouraged the key players to implement advance technologies to overcome these challenges and expand the market growth.
Fetal and Neonatal Care Monitoring Market Trends, Drivers, Restraints, and Opportunities
- Increasing number of preterm births in Europe is one of the extensive causes of death in early childhood in the region. Neonatal intensive care unit (NICU) provides special care to Preterm babies, due to which the demand for neonatal monitoring is also growing.
- Rising pregnancy and congenital complications owing to a sedentary lifestyle is expected to drive the Europe fetal and neonatal care monitoring market during the forecast period.
- Increasing incidence of diseases and associated complications among newborns is estimated to propel the market growth in coming years.
- Rising cost of neonatal care is projected to hinder the European fetal and neonatal monitoring devices market.
- R&D investment and technological advancement in fetal and neonatal care monitoring market are expected to offer lucrative opportunities for the market players.
Scope of Fetal and Neonatal Care Monitoring Report
The report on fetal and neonatal monitoring devices market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Fetal and Neonatal Care Monitoring Market–Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Product Type (Fetal Monitoring Devices [Heart Rate Monitors, Uterine Contraction Monitor, Pulse Oximeters, and Other Fetal Monitoring Devices], and Neonatal Care Monitors [Cardiac Monitors, Capnographs, Blood Pressure Monitors, Pulse Oximeters, and Other Neonatal Monitoring Devices])
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Regions
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Siemens Healthineers, Becton, Dickinson and Company, Medtronic Plc, GE Healthcare, and KoninKlijke Philips NV
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Fetal and Neonatal Care Monitoring Market Segment insights
The neonatal monitoring devices segment is expected to register a substantial CAGR
Based on product type, the fetal and neonatal care monitoring market is segregated into fetal monitoring devices and neonatal monitoring devices. The fetal monitoring devices are further sub divided into heart rate monitors, uterine contraction monitor, pulse Oximeters, and others and neonatal monitoring devices is further divided into Cardiac Monitors, Capnographs, Blood Pressure Monitors, Pulse Oximeters, and others.
The neonatal monitoring devices segment is expected to account for a key share of the market during the forecast period owing to the growing prevalence of preterm births in the region due to increasing age of pregnancy and changing lifestyles of mothers. Furthermore, preterm-born babies are more prone to infections and diseases and require more care. Increasing number of preterm-born babies is projected to spur the market growth.
Additionally, increasing awareness and research on wireless monitors, growing need for neonatal monitors, and the collaborations of these regions with major players and their launches in this region are anticipated to propel the segment growth during the forecast period.
North America is expected to dominate the market
In terms of regions, the market is broadly classified into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in North America is anticipated to expand at a robust CAGR during the forecast period. The presence of well-established healthcare facilities and the rise in the demand for advanced healthcare systems in this region is expected to drive the market growth in near future; however, Asia Pacific is projected to grow at a rapid pace in coming years due to high patient pool, increasing healthcare expenditures, and rising private hospitals and diagnostic centers in this region.
Segments
The fetal and neonatal monitoring devices have been segmented on the basis of:-
Product Type
- Fetal Monitoring Devices
- Heart Rate Monitors
- Uterine Contraction Monitor
- Pulse Oximeters
- Others
- Neonatal Monitoring Devices
- Cardiac Monitors
- Capnographs
- Blood Pressure Monitors
- Pulse Oximeters
- Other Neonatal Monitoring Devices
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Companies
Competitive Landscape
Key players competing in the fetal and neonatal monitoring devices market include Siemens Healthineers, Becton, Dickinson and Company, Medtronic Plc, GE Healthcare, and KoninKlijke Philips NV.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fetal and Neonatal Care Monitoring Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fetal and Neonatal Care Monitoring Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fetal and Neonatal Care Monitoring Market - Supply Chain
4.5. Global Fetal and Neonatal Care Monitoring Market Forecast
4.5.1. Fetal and Neonatal Care Monitoring Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fetal and Neonatal Care Monitoring Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Fetal and Neonatal Care Monitoring Market Absolute $ Opportunity
5. Global Fetal and Neonatal Care Monitoring Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Fetal and Neonatal Care Monitoring Market Size and Volume Forecast by Types
5.3.1. Fetal Monitoring Devices
5.3.2.
Neonatal Monitoring Devices
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Fetal and Neonatal Care Monitoring Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Fetal and Neonatal Care Monitoring Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Fetal and Neonatal Care Monitoring Demand Share Forecast, 2019-2026
7. North America Fetal and Neonatal Care Monitoring Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Fetal and Neonatal Care Monitoring Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Fetal and Neonatal Care Monitoring Market Size and Volume Forecast by Types
7.4.1. Fetal Monitoring Devices
7.4.2.
Neonatal Monitoring Devices
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Fetal and Neonatal Care Monitoring Demand Share Forecast, 2019-2026
8. Latin America Fetal and Neonatal Care Monitoring Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Fetal and Neonatal Care Monitoring Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Fetal and Neonatal Care Monitoring Market Size and Volume Forecast by Types
8.4.1. Fetal Monitoring Devices
8.4.2.
Neonatal Monitoring Devices
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Fetal and Neonatal Care Monitoring Demand Share Forecast, 2019-2026
9. Europe Fetal and Neonatal Care Monitoring Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Fetal and Neonatal Care Monitoring Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Fetal and Neonatal Care Monitoring Market Size and Volume Forecast by Types
9.4.1. Fetal Monitoring Devices
9.4.2.
Neonatal Monitoring Devices
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Fetal and Neonatal Care Monitoring Demand Share Forecast, 2019-2026
10. Asia Pacific Fetal and Neonatal Care Monitoring Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Fetal and Neonatal Care Monitoring Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Fetal and Neonatal Care Monitoring Market Size and Volume Forecast by Types
10.4.1. Fetal Monitoring Devices
10.4.2.
Neonatal Monitoring Devices
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Fetal and Neonatal Care Monitoring Demand Share Forecast, 2019-2026
11. Middle East & Africa Fetal and Neonatal Care Monitoring Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Fetal and Neonatal Care Monitoring Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Fetal and Neonatal Care Monitoring Market Size and Volume Forecast by Types
11.4.1. Fetal Monitoring Devices
11.4.2.
Neonatal Monitoring Devices
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Fetal and Neonatal Care Monitoring Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Fetal and Neonatal Care Monitoring Market: Market Share Analysis
12.2. Fetal and Neonatal Care Monitoring Distributors and Customers
12.3. Fetal and Neonatal Care Monitoring Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Siemens Healthineers
12.4.2.
Medtronic Plc
12.4.3.
Becton, Dickinson and Company
12.4.4.
GE Healthcare
12.4.5.
KoninKlijke Philips NV