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Global Fetal and Neonatal Monitoring Devices Market is Forecast to Reach US$ 4,228.3 Million by 2019; CAGR of 5.5% from 2015 to 2019

SA-BRC announces the release of its report on "Global Fetal and Neonatal Care Equipment Market Assessment & Forecast: 2015-2019." Over 90% of currently available Doppler devices are portable in nature and can be carried around throughout the hospitals and for on-field applications.

Houston, TX, June 29, 2015 --( Based on the various equipment and devices used, the global fetal and neonatal care devices can be categorized into major products such as ultrasound fetal dopplers, fetal heart rate monitors, intrauterine pressure catheters, fetal pulse oximeters and neonatal care devices. Due their ease of availability, awareness of technology and affordability, ultrasound fetal dopplers are commonly used in developed countries such as United States, Japan, Canada, United Kingdom, Germany and France among several others. The major market drivers for this device segment are high birth rates in most countries, mature status of market that has eroded the price of devices and growing socioeconomic status in developing countries.

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The portable Doppler consists of a probe wired to a control unit for recording and receiving the sounds from the womb. The portable Doppler is also synonymous to hand-held or compact Doppler. The device costs anywhere from US$ 100 to US$ 400 and can be rented at around US$ 25 a month. The portable is the most commonly used device for fetal care and is very easy to use. Wireless remote fetal monitoring is observed to be a rising trend since pregnant mothers find it difficult to travel to health clinics all the time and hence emerging companies such as Sense4Baby and established players like GE healthcare have introduced wireless telemetric transducers that transmit data wirelessly to a control unit that communicates with healthcare clinics to monitor fetus conditions. The average cost of these devices was found to be approximately $2500.

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Neonatal respiratory and resuscitation segment accounted for the largest share in terms of revenue in 2014. Respiratory care devices are crucial for assistance of pre-term infants to prevent respiratory distress. Along with the rise of neonatal respiratory care equipment manufacturers, there is also a definite increase of companies operating in testing equipment and simulators such as Fluke Biomedical and Gaumard. High cost of incubators has led to a significant rise of the refurbished equipment market. Although not analyzed in this report, the refurbished healthcare devices market is also acting as a major challenge to new device sales in developing countries.
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