Regional growth engines for fetal
monitoring market
Asia Pacific is an emerging
region for Fetal
Monitoring Market, as healthcare awareness is on the rise in the region and
the region is the most populous. However, according to stats mention in World
Population Prospects: 2015 Revision, the total fertility was pegged at 2.5
children per woman globally. However, there is wide regional difference across
the globe that is further expected to offer irregular scenario over the
forecast period in fetal monitoring industry. Furthermore, Africa shows the
highest fertility at 4.7 children per women. Whereas Europe has the lowest
fertility of 1.6 children per women. Both Asia and Latin America and Caribbean
have total fertility of 2.2 children per women which can boost the fetal
monitoring market.
Fetal monitoring devices are used
to monitor the heart rate and movement of the fetus and maternal contractions.
In medical terms, fetal monitoring is imperative to constantly monitor health
of the unborn baby and ensure a safe birth. Fetal monitoring measures the heart
rate of the baby. Healthcare providers perform fetal monitoring during late
pregnancy and labor, as that process is crucial for keeping the mother and the
child safe and healthy. These are also used to monitor chronic mental
retardation, hypothermia, lung diseases, neonatal diseases, vision &
hearing problems, and jaundice. Fetal monitoring is usually done using handheld
doppler device or an electronic fetal monitor. Fetal monitoring is necessary to
avoid complications during labor or if patient gets an epidural or if oxytocin is
required to induce or augment labor. Moreover there are two ways to perform
fetal monitoring namely, external and internal. Fetal monitoring is especially
helpful if the patient is expected to have a high-risk pregnancy, especially
women suffering from high blood pressure or diabetes.
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Furthermore, the devices are used
to check if pre-term labor medicines are affecting the baby. Fetal monitoring
devices are also used in other tests, which includes contraction stress test,
non-stress test and biophysical profile that includes the combination of
non-stress test and ultrasound. Uterine contractions or pushing during the
second stage of labor also affects heart rate of the fetus and thus, fetal
monitoring devices play a vital role through the process..
Increase in birth rate fuels the
growth of fetal monitoring market
The boost in fetal monitoring
market is due to increased rate of birth and pre-term births. Various
government and nongovernment organizations are actively taking initiatives to
provide better maternal and fetal care. However, rise in number of problems
during pregnancy due to high-blood pressure, diabetes, pre-term labor medicine
affect the fetus. So, fetal monitoring device are used routinely by gynecology
and obstetrics interventions to examine fetal health during labor and delivery.
Furthermore, advancement in technology such as wireless or real time analysis
also expands the market of fetal monitoring devices. The demand of fetal
monitoring device is also increased significantly in past few years to reduce
intrapartum stillbirths. According to WHO, annually 15 million babies are born
pre-term which leads to death. Pre-term babies live only till approx. 5 years
of age which is also responsible for nearly 1 million deaths in 2015.
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Major acquisitions to support
growth of fetal monitoring market
Rise in support from government
for enhanced maternal facilities such as subsidies given by government to
expand care in rural area to private not-for-profit organization, in countries
like Uganda as they have poor healthcare facilities. Whereas, the Government of
the Philippines has also placed health and maternal health high on its
political agenda of reform. Moreover, rising investment of company for
development of new features for fetal monitoring devices expects to increase
the working efficiency of company and broadens its product portfolio. Key
players in the fetal monitoring market include ArjoHuntleigh, Inc. (U.S.), C
FUJIFILM SonoSite, Inc. (U.S.), GE Healthcare (U.K.), Natus Medical
Incorporated (U.S.), Neoventa Medical (Sweden), ovidien PLC (U.S.), Philips
Healthcare (Netherlands), Siemens Healthcare (Germany), Analogic Corporation
(U.S.), and Spacelabs Healthcare Inc. (U.S.).
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