Fetal and Neonatal Monitoring Market - Regional Insights
North America is expected to hold a dominant position in the global fetal and neonatal monitoring market during the forecast period, owing to increasing R&D activities by research institutes in fetal and neonatal monitoring systems. For instance, in August 2019, the researchers at Stevens Institute of Technology developed a wearable device designed to help expecting parents keep track of their child’s fetal heartbeat. The lightweight technology uses seismo-cardiogram and gyro-cardiogram recordings collected from a consumer-grade sensor. When placed on the mother’s stomach, it detects vibrations, when the baby is moving or its heart is beating.
Moreover, Asia Pacific is expected to witness growth in the fetal and neonatal monitoring market in 2027. The market in the Asia Pacific is expected to gain momentum during the forecast period, owing to an increasing neonatal mortality rate. For instance, according to a study “State of newborn health in India’’ the neonatal mortality rate was 28 per 1,000 live births in India in 2017, which is quite high when compared to western countries. Thus, increasing neonatal mortality rates in Asia Pacific countries are expected to drive demand for fetal and neonatal monitoring devices over the forecast period.
Geographies covered (27):
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