The Asia Pacific Intrapartum Monitoring Devices Market would witness market growth of 7.9% CAGR during the forecast period (2022-2028).
The risk of significant illness and death escalates for both the mother and infant when problems during labor occur. Complications during labor, childbirth, or the first few weeks after delivery are to blame for more than one-third of maternal fatalities and a significant portion of life-threatening conditions related to pregnancy. These complications frequently result from hemorrhage, obstructed labor, or sepsis.
Similar to stillbirths, difficulties during labor and delivery are responsible for about half of the overall stillbirths as well as 25% of neonatal mortality. In contrast to high-income countries (HICs), the burden of perinatal and maternal fatalities is disproportionately greater in low- and middle-income (LMIC) nations. Hence, compared to postpartum care measures, boosting the quality of treatment during labor and delivery, particularly in LMICs, has been found to be the most effective method of lowering stillbirths, maternal fatalities, and neonatal deaths.
The market for intrapartum monitoring devices also has tremendous growth potential in another important regional nation, Japan. Significant developments and potential for integrating machine learning (ML) and artificial intelligence (AI) to benefit patients and healthcare professionals. The market will benefit from increased R&D activity in the region. The demand for these devices is also increasing as a result of the high rate of birth in the region. In addition, the Chinese government also decided in 2013 to progressively relax the one-child policy. As a result, the birth rate surged in 2014 to help combat the negative impacts of an aging population. As a result, this has accelerated the country's overall device need. Therefore, the region presents exponential growth opportunities for the intrapartum monitoring device market.
The China market dominated the Asia Pacific Intrapartum Monitoring Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $128.2 Million by 2028. The Japan market is estimated to grow a CAGR of 7.2% during (2022 - 2028). Additionally, The India market would experience a CAGR of 9% during (2022 - 2028).
Based on Product Type, the market is segmented into Monitors and Electrodes. Based on Method, the market is segmented into Non-invasive and Invasive. Based on End User, the market is segmented into Hospitals, Maternity Centers and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Intrapartum Monitoring Devices Market is Projected to reach USD 1.3 Billion by 2028, at a CAGR of 7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Koninklijke Philips N.V., MindChild Medical, Inc., Arjo AB (Huntleigh Healthcare ltd.), Stalwart Meditech Private Limited, MedGyn Products, Inc., Cardinal Health, Inc., GE HealthCare Technologies, Inc., CooperVision, Inc. (THE COOPER COMPANIES, INC.), and Olympus Corporation.
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