Koninklijke Philips N.V.: Philips announced the launch of a new fetal monitoring solution called Avalon CL, which is designed to improve the efficiency and accuracy of fetal monitoring in labor and delivery units. The solution features a compact, wireless monitoring unit and a range of sensors for measuring fetal heart rate, uterine activity, and maternal vital signs.
GE Healthcare: GE Healthcare announced that it had received clearance from the US FDA for its new fetal monitoring system, called Corometrics 372. The system features advanced technologies such as digital signal processing and a touch-screen interface, and is designed to improve the accuracy and ease of use of fetal monitoring in clinical settings.
Author Credits: Radhika Gupta, Shivam Bhutani
Report ID: 4864
Published Date: Aug 04, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The major factors driving the growth of the fetal monitoring market include advances in technology, increased awareness among expectant mothers, and government initiatives to promote the use of fetal monitors.
The market size of fetal monitoring is anticipated to attain a CAGR of 10.20% over the forecast period, i.e., 2023 â€“ 2035.
The major players in the market are GE Healthcare, Koninklijke Philips N.V, Siemens Healthineers AG, FUJIFILM SonoSite, Inc., Huntleigh Healthcare Limited, ArjoHuntleigh AB, Bionet Co., Ltd., and others.
The hospital segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.