Intrapartum Monitoring Devices Market Trends

Growth Drivers

Childbirth with Health Issues– On an annual basis, approximately 8 million babies are born with a birth defect worldwide. In low- and middle-income nations, nine out of every 10 children are born with a significant birth defect. Intrapartum monitoring devices give access to real-time data on fetal conditions. This can help healthcare providers to provide timely intervention and avoid health defects in newborns.
Growing Percentage of Unexpected Pregnancy– According to the statistics of the United Nations, around 121 pregnancies in the world are unintended. Unexpected pregnancies often come with a higher level of uncertainty. This can increase the demand for prenatal care, including intrapartum monitoring, to ensure the health and well-being of both mother and child.
Rising Advent of Technology– The Texas Children's Hospital joined the Baylor Children's Foundation in February 2023 to assist with the implementation of intrapartum monitoring utilizing artificial intelligence as part of the hospital's maternal neonatal health project.

Challenges

Concerns Associated with Data Privacy and Security- The device gets access to sensitive data of the patient. Any compromise to the security of the devices can lead to the leak of patients’ personal data and impact the trust between people and healthcare providers.
Strict Approval Regulation for Intrapartum Monitoring Devices
Lack of Adequate Reimbursement Policies for the Intrapartum Monitoring Devices

Intrapartum Monitoring Devices Market: Key Insights

Base Year	2023
Forecast Year	2024-2036
CAGR	~5%
Base Year Market Size (2023)	~ USD 3 Billion
Forecast Year Market Size (2036)	~ USD 5 Billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Frequently Asked Questions (FAQ)

Increasing cases of child and maternal mortality and growing instances of birth defects are the major factors driving the market growth.

The market size of intrapartum monitoring devices is anticipated to attain a CAGR of ~5% over the forecast period, i.e., 2024 â€“ 2036.

The major players in the market are Analogic Corporation, Cooper Surgical, Inc., GE Healthcare, Koninklijke Philips N.V., Medtronic PLC, Stryker Corporation, Huntleigh Healthcare Limited, Stalwart Meditech Private Limited, and Royal Philips

The electrode segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.

Intrapartum Monitoring Devices Market Trends