The North America Intrapartum Monitoring Devices Market would witness market growth of 5.7% CAGR during the forecast period (2022-2028).
Intrapartum monitoring is the most popular technique for monitoring the fetus during labor. These devices can decrease risks and consequences like cerebral palsy, infant convulsions, brain damage, and fetal mortality during childbirth. Devices for maternal and fetal health monitoring during pregnancy include monitors and electrodes. With the development of medical technology and the introduction of new products by potential market players, fetal care devices have evolved. These devices are now employed for uterine contractions to protect the fetus's health.
With improvements and enhancements to gynecological equipment, intrapartum monitoring device developments play a critical role in mother care. The WHO reports that low-resource healthcare facilities account for most maternal mortality. So, the focus is on creating intrapartum care technologies that are efficient in terms of cost. The purchase of pricey equipment is not merited because most women who require intrapartum care cannot access it. Hence, the cost-efficiency of new technologies, effectiveness, and technological improvement play a significant role in the rising demand for intrapartum monitoring devices internationally.
The increasing use of intrapartum monitoring devices in this region can be linked to the rising incidence of obesity and gynecological diabetes mellitus. In addition, preterm births and intrapartum complications are common in women with gynecological diabetes mellitus. Gynecological diabetes mellitus patients are more likely to experience preterm births and intrapartum complications. Therefore, in the long run, the US is projected to offer extremely alluring growth chances for providers of intrapartum monitoring devices as it emerges as the peak of technological advancement in healthcare sectors. All these elements will propel the growth of the regional market in the coming years.
The US market dominated the North America Intrapartum Monitoring Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $346.6 Million by 2028. The Canada market is poised to grow at a CAGR of 7.7% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 7.5% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Intrapartum Monitoring Devices Market is Estimated 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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