Portland, OR, Jan. 12, 2021 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global Fetal Monitoring Market generated $2.93 billion in 2019, and is projected to generate $4.25 billion by 2027, witnessing a CAGR of 5.3% from 2020 to 2027. The report provides a detailed analysis of changing market trends, key investment pockets, major segments, product performance, and competitive scenario.
Increase in pre-term births, perpetual requirement for fetal monitoring, various government and non-government initiatives, and technological advancements drive the growth of the global fetal monitoring market. However, stringent regulatory procedures and high costs related to fetal monitoring devices hinder the market growth. Contrarily, portable & wireless products and untapped potential in developing economies present new pathways for growth.
Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/1890
Covid-19 Scenario:
- There has been significant decrease in patient volumes as huge number of population decided to delay or reschedule their monitoring processes due to safety reasons. Also, governments and hospitals from the regions in which the severity of Covid-19 is more have delayed or canceled fetal monitoring procedures.
- Many healthcare professionals checked the history of patients and their current conditions, and then delayed procedures only after careful consideration of all the aspects to eliminate possibility of contamination. Else, the procedures were conducted if deemed necessary.
The report provides detailed segmentation of the global fetal monitoring market based on product, method, portability, application, and region.
Based on product, the ultrasound segment held the highest market share in 2019, contributing to nearly two-fifths of the total share, and is projected to continue its leadership status throughout the forecast period. However, the electronic fetal monitoring (EFM) segment is expected to witness the highest CAGR of 6.2% from 2020 to 2027.
Based on portability, the non-portable segment contributed to the largest market share, accounting for nearly three-fourths of the global fetal monitoring market in 2019, and is projected to witness its lead position by 2027. However, the portable segment is estimated to manifest the fastest CAGR of 6.5% during the forecast period.
Based on region, North America accounted for the highest market share, holding to more than two-fifths of the total share in 2019, and will continue its highest contribution in terms of revenue during the forecast period. However, Asia-Pacific is estimated to witness the highest CAGR of 6.4% from 2020 to 2027.
For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/1890
Leading players of the global fetal monitoring market analyzed in the research include GE Healthcare, Fujifilm Sonosite, Inc., Analogic Corporation, Siemens Healthcare, Koninklijke Philips N.V., Getinge Group, Medtronic Plc, Natus Medical Incorporated, Neoventa Medical AB, and OSI Systems, Inc.
Avenue Basic Plan | Library Access | 1 Year Subscription |
Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.
Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter
Get more information: https://www.alliedmarketresearch.com/library-access
Similar Reports:
STD Testing Market – Global Opportunity Analysis and Industry Forecast, 2020–2027
Healthcare App Market – Global Opportunity Analysis and Industry Forecast, 2019-2027
Teleradiology Market – Global Opportunity Analysis and Industry Forecast, 2019-2027
Neurology Devices market – Global Opportunity Analysis and Industry Forecast, 2019–2027
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.