Increase in birth rate fuels the growth of fetal monitoring market
The boost in fetal monitoring market is due to increased rate of birth and pre-term births. Various government and nongovernment organizations are actively taking initiatives to provide better maternal and fetal care. However, rise in number of problems during pregnancy due to high-blood pressure, diabetes, pre-term labor medicine affect the fetus. So, fetal monitoring device are used routinely by gynecology and obstetrics interventions to examine fetal health during labor and delivery. Furthermore, advancement in technology such as wireless or real time analysis also expands the market of fetal monitoring devices. The demand of fetal monitoring device is also increased significantly in past few years to reduce intrapartum stillbirths. According to WHO, annually 15 million babies are born pre-term which leads to death. Pre-term babies live only till approx. 5 years of age which is also responsible for nearly 1 million deaths in 2015.
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