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(Health-NewsWire.Net, August 06, 2015 ) The fetal monitoring market is expected to reach $2,346.4 million by 2019 from $1,688.7 million in 2014, at a CAGR of 6.8%. The global fetal monitoring market is segmented based on products, portability, methods, applications, end users, and geography. The electronic fetal monitors segment is expected to register the highest growth rate in the fetal monitoring market, by product, during the forecast period. The high growth in this segment is attributed to the rising prevalence of birth defects and increasing initiatives by companies for developing new and technologically advanced equipment for maternal/fetal monitoring. Major factors contributing to the growth of the fetal monitoring market include rising maternal mortality, increasing company investments, and rising initiatives by non-government organizations for improving prenatal care facilities. Furthermore, government support in the form of funding is another major factor driving the growth of this market.
Browse 216 market data tables & 53 figures spread through 200 pages and in-depth TOC on “Fetal Monitoring Market" at http://www.rnrmarketresearch.com/fetal-monitoring-market-by-product-ultrasound-electronic-fetal-monitors-electrodes-doppler-uterine-contraction-telemetry-portability-method-invasive-application-antepartum-intrapartum-market-report.html .
For instance, in April 2014, the Department of Health (U.K.) invested $16.6 million (£10 million) on maternity units in 63 hospitals for the improvement of maternal facilities in the U.K. Emerging markets in Asia have opened an array of opportunities for the growth of the fetal monitoring market. However, high cost of equipment and stringent regulatory procedures are expected to restrain the growth of this market. Apart from comprehensive geographic and product analysis and market sizing, the report also provides a competitive landscape that covers the growth strategies adopted by industry players over the last three years. In addition, the company profiles comprise the product portfolios, developments, and strategies adopted by the market players to maintain and increase their shares in the market. The above mentioned market research data, current market size, and forecast of the future trends will help key market players and new entrants to make the necessary decisions regarding product offerings, geographic focus, change in strategic approach, R&D investments for innovations in products and technologies, and levels of output in order to remain successful in the market.
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North America is the major market for enteral feeding devices, accounting for around 38% of the global market, followed by Europe, Asia-Pacific, and Rest of the World. Asia-Pacific and Latin America possess lucrative growth potential for this market mainly due to the extensive customer base in these regions and the rising prevalence of chronic diseases and disorders. The growth in these markets is likely to be centered on India, China, South Korea, Singapore, Brazil, Argentina, and Mexico.
The global enteral feeding devices market is consolidated in nature with the top five companies accounting for around 50% of the global market. The major players in this market include Fresenius SE & Co. KGaA (Germany), Covidien PLC (Ireland), Abbott Laboratories (U.S.), Halyard Health, Inc. (U.S.), B. Braun Melsungen AG (Germany), Boston Scientific Corporation (U.S.), C. R. Bard, Inc. (U.S.), Cook Medical (U.S.), ConMed Corporation (U.S.), Vygon SA (France), and Moog, Inc. (U.S.). Some of the other players in this market are Applied Medical Technology, Inc. (U.S.), Danone Group (France), Nestlé S.A (Switzerland), Amsino International Inc. (U.S.), and CORPAK MedSystems, Inc. (U.S.).
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