About Fetal Monitoring Systems and Accessories
Fetal monitoring systems are the devices used to monitor the fetal heartbeat and the strength of the mother's uterine contractions during labor. Monitoring the fetal heartbeat and uterine contractions helps the professionals to observe the fetus health condition, blood flow and circulation, growth and development, and maternal health. The fetal monitoring systems are of two types, namely, portable and fixed systems. They include wall mounted ultrasound fetal monitoring system, handheld electronic fetal monitoring system, hand held ultrasound fetal monitoring systems, mobile application, which acts as a monitor along with the electrodes as a sensor, uterine contraction monitoring system, and telemetry.
Technavio’s analysts forecast the global fetal monitoring systems and accessories market to grow at a CAGR of 6.93% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global fetal monitoring systems and accessories market for 2017-2021. To calculate the market size, the report considers the new installations, sales, and volume of fetal monitoring systems and accessories.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Fetal Monitoring Systems and Accessories Market 2017-2021
Technavio recognizes the following companies as the key players in the global fetal monitoring systems and accessories market: GE Healthcare, Koninklijke Philips, Medtronic, and Samsung Medison.
Other Prominent Vendors in the market are: Analogic, BD, Clinical Innovations, CONTEC MEDICAL SYSTEMS, CooperSurgical, Dixion, Neoventa Medical, PeriGen, Shenzhen Biocare Bio-Medical Equipment, Spacelabs Healthcare, SUNRAY MEDICAL APPARATUS, Ultrasound Technologies, and UniCare.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is technology advances. Due to the high competition among the top vendors and the emerging new entrants, the companies are developing advanced products to sustain in the market. For instance, Wireless Patch System by Monica Healthcare is small, beltless, cordless, reliable, and accurate, and do not require a clinician care team to adjust the transducer or reposition the belt.”
According to the report, one driver in the market is increase in online purchasing. Vendors have been increasing online marketing and promotional activities to provide better accessibility to their products and gain more product sales. Online marketing services allow vendors to minimize setup, distribution, and operational costs. Many small and large vendors such as MedicalExpo and IndiaMART sells fetal monitoring systems, electrodes, dopplers, transducers, and electronic fetal monitors online. They also provide discounts, service, warranty, and promotional offers online, which increased the number of online purchases.
Further, the report states that one challenge in the market is complications due to fetal monitoring devices. Most of the research studies showed that continuous electronic fetal monitoring is no more effective than the manual monitoring of fetal heartbeat with a stethoscope. The use of electronic fetal monitoring has resulted in the substantial increase in the number of cesarean deliveries. Also, the women in continuous electronic fetal monitoring require pain management, which increases the risk of forceps/vacuum assistance, and it restricts the ability to walk and change positions. Similarly, during internal fetal monitoring, doctors place the transducers on the baby's scalp, which might cause injury to the baby and increases the risk of infections.
GE Healthcare, Koninklijke Philips, Medtronic, Samsung Medison, Analogic, BD, Clinical Innovations, CONTEC MEDICAL SYSTEMS, CooperSurgical, Dixion, Neoventa Medical, PeriGen, Shenzhen Biocare Bio-Medical Equipment, Spacelabs Healthcare, SUNRAY MEDICAL APPARATUS, Ultrasound Technologies, and UniCare.