The Latin America, Middle East and Africa Intrapartum Monitoring Devices Market would witness market growth of 13.2% CAGR during the forecast period (2022-2028).
The BMA STAN fetal heart monitor helps to continuously detect the ECG waveform of the fetus during labor. Additionally, vendors in the market are concentrating on developing fetal heart rate (FHR) radiofrequency technology. This technology emits low-energy electromagnetic radiation to detect heartbeats. Hence, the need for intrapartum monitoring devices will increase due to technological advancements, fueling the market's expansion.
The objective of the Maternal, Newborn, Child, and Adolescent Health and Ageing Department of WHO is that by 2030, every woman, child, and adolescent will have access to and use high-quality care. The Strategy for Women's, Children's, and Adolescents' Health 2016–2030 includes objectives and targets for maternal, newborn, child, and adolescent health, and the Sustainable Development Goals align with this vision. In order to realize this vision, the Department is responsible for several projects, including midwifery-led high-quality care, fair & objective newborn & maternal health, private sector involvement for quality services, community participation, and quality of care measurement.
According to estimates, Brazil will contribute the most to the regional market expansion. A few of the major drivers of this region's market growth are the rise in high-risk pregnancies as well as growing awareness of the importance of early congenital anomaly detection. In addition, growing government programs aimed at enhancing mothers' and children's health are also significantly contributing to market expansion. For instance, the Brazilian Ministry of Health recently introduced a new initiative called "Prevenir+" to lower infant mortality rates by improving primary care services. As a result, the market will grow exponentially in the LAMEA region in the coming years.
The Brazil market dominated the LAMEA Intrapartum Monitoring Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $32 Million by 2028. The Argentina market is experiencing a CAGR of 13.8% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 12.7% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Intrapartum Monitoring Devices Market is Predict to reach $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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