The global FECG monitors market is anticipated to grow at a considerable CAGR of 7.0% during the forecast period (2023-2030). Electronic fetal monitoring is a continuous test that records your contractions and your baby’s heart rate. It can indicate fetal distress during labor and delivery. Providers use EFM widely, though experts recommend it only for pregnancies that are at high risk of complications. Rapidly growing birth rate across the several nations including India and China, among others is the primary factor poising a significant demand for the advance and new electronic fetal monitoring systems. Additionally, countries like the US and UK have also increased their spending on healthcare infrastructure with an aim to enhance and improve medical facilities across the nations. Hence, the major players serving the market are focusing on adopting various strategies in order to fulfill the unmet requirements. For instance, in April 2020, Nuvo Group, a private company focused on innovation in pregnancy care, launched two positive publications reporting data taken from its prospective, open-label, multicenter pivotal trial supporting its 510(k) application for the groundbreaking INVU™ system—an FDA-cleared, prescription-initiated, self-administered remote monitoring platform that offers medical grade measurements of fetal heart rate ("FHR") and maternal heart rate ("MHR") via a wireless, sensor band.
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In September 2020, A Wichita State University research team has received $432,565 from the National Institutes of Health (NIH) for its proposal, “Examining the feasibility of a wearable device for fetal heart rate monitoring through interdisciplinary research.” The objective is to develop a wireless, non-invasive, wearable fetal electrocardiogram monitoring device that will use algorithms and cloud-based health monitoring to improve clinical care among pregnant women in rural communities. Maternal and infant health outcomes in rural areas of the US represent a constant and growing health need. Innovative wearable medical devices create an opportunity to address health disparities in rural communities.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Type
o By Application
o By Technology
o By Distribution Channel
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- FUJIFILM Corp., GE HealthCare Technologies Inc., Mindray, Koninklijke Philips N.V., Siemens Healthineers, and among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Fetal Electronic Cardiodiagram (FECG) Monitors Market Report Segment
By Type
- Portable
- Stationary
By Application
- Hospitals
- Clinics
- Home Use
By Technology
- Direct Contact
- Non-Contact
By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
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Global Fetal Electronic Cardiodiagram (FECG) Monitors Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
· Advanced Instruments
· Analogic
· Arjo
· Bionet Co., Ltd.
· BISTOS Co., Ltd.
· Contec Medical Systems Co., Ltd.
· EDAN Instruments, Inc.
· Huntleigh Healthcare Ltd.
· Innomed Medical Inc.
· MedGyn Products, Inc.
· Mediana Co., Ltd.
· Natus Medical Inc.
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