GIA
announces the release of a comprehensive global report on Fetal Monitors
market. Global Fetal Monitors market is projected to reach US$248 million by
2017.
As
maternal and fetal mortality poses a persistent and preventable global health
challenge in several parts of the world, fetal monitors market continues to
report steady gains in revenues. Growth in the market is expected to mainly
stem from developing countries of Asia-Pacific and Latin America.
Though
the market for fetal monitors has reached a slow growth phase in developed
countries of the US and Europe, growth opportunities emanating from Eastern
Europe and the Far East is expected to enable the industry enjoy sustainable,
long-term growth. Increasing demand in these countries can be attributed to
improvements in standards of care in obstetrics and gynecology.
Moreover,
the high population growth rates in most of the developing nations provide
lucrative opportunities for Fetal Monitor manufacturers. Although, home-based
fetal monitoring devices are extensively available in most of the developed
countries, their use in developing countries is not as widespread. Given, the
relatively lower penetration rates of these devices in developing markets, opportunities
for future growth is expected to stem from untapped markets in Asia, Latin
America, and Eastern Europe.
Apart
from this, the availability of non-invasive and safer prenatal diagnostic
techniques and the development of wireless handheld fetal monitors designed for
remote monitoring of real time data are expected to open new growth
opportunities. Besides offering improved patient care and raising efficiency,
these devices mark an important step towards lowering healthcare costs.
As
stated by the new market research report on Fetal Monitors, the US continues to
remain the largest regional market. Asia-Pacific is forecast to register the
fastest CAGR over the analysis period, followed by Latin America. Intrapartum
monitors constitutes the larger segment, accounting for a major share of
revenues. This is largely due to difference between the average price of
intrapartum and antepartum monitoring devices. Antepartum segment is poised to
register relatively faster growth compared to Intrapartum monitors.
Major
market participants profiled in the report include Analogic Corp.,
ArjoHuntleigh, Carefusion Corporation, Philips Healthcare, Spacelabs Healthcare
Inc., among others.
The
research report titled "Fetal Monitors: A Global Strategic Business Report"
announced by Global Industry Analysts, Inc., provides a comprehensive review of
trends, issues, strategic industry activities, and profiles of major companies
worldwide. The report provides market estimates and projections (US$ Million)
for the years 2009 through 2017 across major geographic markets including
United States, Canada, Japan, France, Germany, United Kingdom, Italy,
Asia-Pacific, and Latin America. Key product segments analyzed in the study
include Antepartum Fetal Monitors and Intrapartum Fetal Monitors.
For
more details about this comprehensive market research report, please visit -
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