May 3rd, 2015 The Fetal Monitoring Market is Expected to Reach $2.3 Billion by 2019 ? Research Report by MarketsandMarkets
The Fetal Monitoring Market is Expected to Reach $ 2.3 Billion by 2019 – Research Report by MarketsandMarkets
(PRWEB) April 07, 2015
Fetal Monitoring Market By Product (Ultrasound, Electronic Fetal Monitor, Electrodes, Doppler, Uterine contraction, Telemetry), Portability, Method (Invasive), Application (Antepartum, Intrapartum), End User (Hospital, Clinics) – Forecasts to 2019, provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends and strategies impacting the fetal monitoring market along with the estimates and forecasts of the revenue and market share analysis.
The global 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% from 2014 to 2019.
The report segments this market based on products, portability, methods, applications and end users. Among various end users, the hospitals segment is expected to account for the largest share of the market and is expected to grow at the highest CAGR from 2014 to 2019. The high growth in this segment can be attributed to the rising rate of maternal mortality and fetal birth defects and increasing number of initiatives taken by government organizations for improving prenatal care.
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Based on geography, the global fetal monitoring market is segmented into North America, Europe, Asia and the Rest of the World (RoW). North America is expected to account for the largest share of the market during the forecast period. Growth in this geographic segment is driven by factors such as increasing government support for enhanced maternal facilities and rising company investments for the development of new products.
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