Intrapartum Monitoring Devices Market to Grow with a CAGR of 7.80% through 2028
Rising awareness for maternity care are expected to
drive the Global Intrapartum Monitoring Devices Market in the forecast period
2024-2028.
According to TechSci Research report, “Intrapartum
Monitoring Devices Market – Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2028”, the Global
Intrapartum Monitoring Devices Market stood at USD 1.24 billion in 2022 and is
anticipated to grow with a CAGR of 7.80% in the forecast period, 2024-2028. Factors
influencing the Global Intrapartum Monitoring Devices Market encompass
considerations like the accessibility and affordability of intrapartum care
facilities, aimed at enhancing maternal healthcare. The adoption of costly
advanced technologies is categorized based on local requirements, technical
feasibility, safety, cost-effectiveness, and effectiveness. According to the
World Health Organization (WHO), nearly 99.0% of maternal deaths occur in
healthcare settings with limited resources. Hence, the focus is on developing
cost-effective intrapartum care technologies. Investing in expensive equipment
may not be justifiable since the majority of women in need of intrapartum care
lack access to such resources. Therefore, the cost-effectiveness of new
technologies, in addition to their effectiveness and technological advancement,
plays a pivotal role in driving the demand for intrapartum monitoring devices
worldwide. Conversely, many women in low-income countries lack access to
expensive high-end preterm and intrapartum care facilities. The challenges
related to the affordability of these maternity care services pose obstacles to
market growth. The increasing preterm birth rate in developing countries
exacerbates the unmet need for affordable maternity care solutions.
Furthermore, the absence of suitable and affordable
preterm and intrapartum care devices in rural healthcare settings serves as a
significant market restraint. Statistics from the National Center for
Biotechnology Information (NCBI) reveal that a substantial percentage
(40.0%-90.0%) of women in rural areas give birth at home and lack access to
appropriate labor care and intrapartum monitoring. Consequently, growing
concerns regarding the accessibility and affordability of intrapartum
monitoring devices are expected to impede market growth.
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Intrapartum Monitoring Devices Market.”
The Global Intrapartum Monitoring Devices Market is
influenced by several key drivers that contribute to its growth and
development. These drivers reflect the increasing demand for intrapartum
monitoring devices worldwide: Maternal and Fetal Safety: Ensuring the safety
and well-being of both the mother and the baby during labor and childbirth is a
primary driver. Intrapartum monitoring devices provide crucial data that
healthcare professionals use to detect and address complications promptly. Technological
Advancements: Ongoing advancements in medical technology, such as wireless
monitoring, portable devices, and real-time data analysis, enhance the accuracy
and efficiency of intrapartum monitoring, making these devices more attractive
to healthcare providers. Rising Birth Rates: The global population continues to
grow, contributing to a consistent demand for intrapartum monitoring devices.
As birth rates increase, so does the need for monitoring during labor. Maternal
Age Trends: Women are increasingly giving birth at older ages, which can be
associated with a higher risk of complications during labor. This trend drives
the demand for intrapartum monitoring devices to ensure the safety of both
mother and baby. Government Initiatives: Many governments and healthcare
organizations are launching initiatives to reduce maternal and infant mortality
rates. These programs often involve the provision of intrapartum monitoring
devices, which boosts market growth. Private Sector Investments: Private
healthcare institutions and organizations are investing in advanced monitoring
technologies, improving access to these devices in both developed and
developing regions. Consumer Awareness: Growing awareness among expectant
mothers and their families about the importance of intrapartum monitoring for a
safe childbirth experience contributes to increased adoption. Global Healthcare
Infrastructure: The ongoing development and expansion of healthcare
infrastructure in various regions enable better access to intrapartum
monitoring devices and services. Telemedicine and Remote Monitoring: The
COVID-19 pandemic has accelerated the adoption of telemedicine and remote
monitoring solutions, including intrapartum monitoring devices, which enable
healthcare providers to monitor patients from a distance. These drivers
collectively contribute to the growth of the Global Intrapartum Monitoring
Devices Market as they address the critical need for safer and more effective
monitoring during labor and childbirth. As technology continues to advance and
healthcare systems worldwide strive to improve maternal and fetal outcomes, the
demand for these devices is expected to remain strong.
The Global Intrapartum Monitoring Devices Market is
segmented into therapy, end user, regional distribution, and company.
Based on product type, the market is segmented into Electrodes,
Monitors. The Electrodes segment is expected to rise in the forecast period.
This is attributed because electrodes are integral components used for direct physiological
measurements, including fetal heart rate monitoring and uterine contractions.
They are crucial for capturing real-time data, enabling accurate monitoring.
While monitors display data, the electrodes are essential for data collection.
Moreover, electrodes are often replaced or updated more frequently than
monitors, contributing to their dominant position in the market.
Based on end user, the market is segmented into Hospitals,
Maternity Centers, Others. The Hospitals & Clinics segment was dominated
the market in 2022. This is due to their comprehensive healthcare services,
24/7 availability, and ability to handle complex cases. They offer a broader
scope of medical care, making them preferred for high-risk pregnancies and
complicated deliveries. In contrast, maternity centers often focus on low-risk
pregnancies, while other facilities may lack the infrastructure and expertise
for advanced intrapartum monitoring. Hospitals' capabilities make them the
primary choice for intrapartum care, thus dominating the market.
Major companies operating in Global
Intrapartum Monitoring Devices Market are:
- Cardinal Health
- GE Healthcare
- Koninklijke Philips N.V.
- MindChild Medical
- The Cooper Companies, Inc.
- General Electric Company
- Huntleigh Healthcare Limited
- MedGyn products, Inc.
- Rocket Medical plc
- Stalwart Meditech
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“The Global Intrapartum Monitoring Devices Market
include the increasing emphasis on maternal and fetal safety, technological
advancements in remote monitoring and telehealth, government initiatives to
reduce maternal and infant mortality, the rising prevalence of high-risk
pregnancies, the demand for personalized and patient-centered care, and the
expanding global population contributing to higher birth rates. These factors
collectively stimulate the demand for intrapartum monitoring devices, which
play a pivotal role in enhancing the safety and well-being of expectant mothers
and their infants during labor and childbirth contributes to foster the demand
for Global Intrapartum Monitoring Devices Market in the forecast period” said
Mr. Karan Chechi, Research Director with TechSci Research, a research-based
management consulting firm.
“Intrapartum Monitoring Devices
Market - Global Industry Size, Share, Trends, Opportunity, and Forecast,
2018-2028 Segmented By Product Type (Electrodes, Monitors), By Electrodes
(Intrauterine Pressure Catheter (IUPC), Transducer for Uterine Contractions,
Fetal Scalp Electrodes, Transducer for Fetal Heart Rate), By End User
(Hospitals, Maternity Centers, Others), By Region and Competition” has evaluated
the future growth potential of Global Intrapartum Monitoring Devices Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Intrapartum Monitoring Devices Market.
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