The global intrapartum monitoring devices market is expected to reach USD 2.83 billion by 2025, according to a new report by Grand View Research, Inc. The rising occurrences of preterm birth are resulting in increased infant mortality. The mortality rates differ across the globe, owing to the disparities of income, and lack of access to appropriate maternal care facilities in different regions. The regions with larger lower income groups face the highest infant mortality rates due to inadequate availability of obstetric monitoring and other infant care facilities. Effective maternal and postnatal care can help save more than 3 quarters of the premature babies.
According
to the reports of WHO, annually 15.0 million infants are born premature. This
number has been observed to be on a rise in the past few years. There are
multiple causes for premature deliveries, such as high blood pressure, chronic
conditions, infections, multiple pregnancies, early induction of labor. Hence,
propelling the need for obstetric devices across the globe.
Rising
awareness regarding availability of screening and monitoring procedures,
growing prevalence of obesity & Gestational Diabetes Mellitus
(GDM) and increasing demand for improved intrapartum devices are expected to
propel the market over the forecast period.
Full Research Report On Intrapartum Monitoring Devices Market Visit Here:
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Further key
findings from the study suggest:
- The growing
prevalence of obesity, rising preterm birth rate and increasing need for
critical obstetric care is primarily driving the market growth
- The
electrodes dominated the market, owing to their affordability, higher
adoption volume and repeat purchase.
- The monitors
segment is expected to exhibit fastest growth over the forecast period
owing to the technological advancements.
- North America
dominated the market in 2016, owing to rising prevalence of obesity and
diabetes, various government initiatives creating awareness regarding
rising incidences of preterm births, availability of monitoring test
options, and highly developed healthcare infrastructure.
- Constant rise
in the cases of preterm births and infant mortality rates are observed in
Asia Pacific. Thus, this region is expected to witness a rapid growth
during the forecast period.
- The key
players of the market include Analogic Corporation, GE Healthcare,
Koninklijke Philips N.V.; Medtronic plc; CooperSurgical, Inc.; Stryker,
and Olympus Corporation.
- These players
hold a strong position in market with their strategic initiatives such as
mergers and acquisitions, partnerships with small/local players to expand
their geographic foothold and widening of product portfolio by sharing the
technology and products.
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Grand View Research has
segmented the intrapartum monitoring devices market report on the basis of
device type and region:
Device Type
Outlook (Revenue, USD Million; 2014 - 2025)
- Monitors
- Electrodes
- Fetal Scalp Electrodes
- Intrauterine Pressure Catheter
- Transducer for FHR
- Transducer for Uterine Contractions
Regional Outlook
(Revenue, USD Million; 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- Asia Pacific
- China
- India
- Latin America
- Mexico
- Brazil
- MEA
- South Africa
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.
For more info visit @ https://www.grandviewresearch.com
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