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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Foetal Monitoring Market Size
The global foetal monitoring market was valued at USD 3.5 billion in 2023, driven by the increasing incidence of preterm births and associated risks across the globe. The market size is anticipated to grow at a CAGR of 6.3% during the forecast period of 2024-2032 to achieve a value of USD 6.1 billion by 2032.
Foetal Monitoring Market Report Snapshots
Foetal Monitoring Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market attained a value of about USD 3.5 billion in 2023, driven by significant advancements driven by innovation and investments by market key players.
The market is anticipated to grow at a CAGR of 6.3% during the forecast period of 2024-2032, likely to reach a market value of USD 6.1 billion by 2032.
The rising prevalence of preterm births worldwide is a major factor driving the market growth.
Increasing innovation and investments by key players in technological advancement is a major trend influencing the market growth.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America is currently leading the global market.
Various products used in foetal monitoring care are ultrasound, intrauterine pressure catheter (IUPC), telemetry solutions, electronic maternal/foetal monitoring (EFM), foetal electrodes, foetal doppler, accessories and consumables, among other products.
There are invasive and non-invasive methods in the market.
Foetal monitoring is portable and non-portable.
They find wide applications in intrapartum foetal monitoring and antepartum foetal monitoring.
End users in the market are hospitals, gynecological/obstetrics clinics, and home care, among others.
Key players involved in the market are Koninklijke Philips N.V. (Philips Healthcare), Analogic Corporation, GENERAL ELECTRIC COMPANY, Cardinal Health, Neoventa Medical AB, SIEMENS AG (Siemens Healthineers), Natus Medical Incorporated, FUJIFILM Holdings Corporation, OSI Systems, Inc., Getinge AB, Abbott, Boston Scientific Corporation, and Baxter.
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