Fetal Monitoring Bands Market – Increasing Cases of Preterm Birth Driving Growth| Technavio

19-Feb-2018 Intellasia | BusinessWire | 10:23 PM Print This Post

LONDON–(BUSINESS WIRE)–#PatientMonitoringTechnavio
market research analysts forecast the global
fetal monitoring bands market
to grow at a CAGR of more than 3%
during the period 2018-2022, according to their latest report.


This market research report segments the global fetal monitoring bands
market by end-users (hospitals and specialized gynecology centers and
home care service providers) and by key regions (the Americas, APAC, and
EMEA).

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In this report, Technavio analysts highlight the increasing cases of
preterm births and stillbirths across the world as a key factor
contributing to the growth of the global fetal monitoring bands market:

Increasing cases of preterm births and
stillbirths worldwide

A premature birth, which is also known as a preterm birth, can be
defined as a birth that takes place more than three weeks before the
estimated date of delivery. It can occur before the start of the 37th
week or after 259 days of gestation instead of 40 weeks that is the
usual period of pregnancy. A premature birth allows the newborn lesser
time to develop in the womb. Premature babies usually have health
problems, particularly those babies who are born the earliest. Most of
the health problems associated with preterm births can be easily
diagnosed using fetal monitoring devices.

According to a senior analyst at Technavio for patient
monitoring devices
, “Contraction monitoring sensors and fetal
heart rate sensors are usually used to measure the vital signs of the
fetus and the mother. These sensors are held in place using fetal
monitoring bands. Fetal monitoring devices are used to monitor the fetus
for both antepartum and intrapartum periods. The use of fetal monitoring
bands has increased due to the increasing number of preterm births.”

According to a study, it was estimated that in 2015 there were more than
3,600 stillbirths in the UK and one in every 200 births ended in a
stillbirth. It also estimated that about 10% of the stillborn babies
suffered from congenital disability that contributed to the death.
Similarly, in 2015, the rate of stillbirths in England and Wales was
estimated to be 4.5 per 1,000 total births. It was also projected that
pregnant women aged 45 years and above had the highest rate of
stillbirths in 2015, with 12.7 stillbirths per 1,000 total births.

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Global fetal monitoring bands market
segmentation

Of the two major end-users, the hospitals segment led the global
fetal monitoring bands
market with a market share of more
than 56%. This segment dominated the market because of the rapid
adoption of fetal monitoring bands by hospitals across the globe.
Hospitals have dedicated funds for the procurement of fetal monitoring
products such as fetal monitoring bands. This has led to the
increased sales of these products. The specialized gynecology centers
and home-care service providers segment held the second largest share in
the global market.

The Americas was the leading region for the global fetal monitoring
bands market in 2017, accounting for a market share of more than 43%.
EMEA held the second largest share of the market followed by APAC.

         

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