Market Size of Intrapartum Monitoring Devices Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 2.30 Billion |
Market Size (2029) | USD 3.19 Billion |
CAGR (2024 - 2029) | 6.68 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Intrapartum Monitoring Devices Market Analysis
The Intrapartum Monitoring Devices Market size is estimated at USD 2.30 billion in 2024, and is expected to reach USD 3.19 billion by 2029, growing at a CAGR of 6.68% during the forecast period (2024-2029).
The rise in infant mortality and preterm births globally are propelling theintrapartum monitoring devicesmarket. The lack of access to appropriate maternal care facilities and disparities of income in different regions leads to a difference in mortality rates across the world. The developing countries face the greater challenges of infant mortality owing to the presence of lower-income groups, lack of infant care facilities, and unmet needs for obstetric care. According to the statistics of WHO, the presence of effective postnatal, natal, and maternal care can facilitate the survival of 3 quarters of premature babies reducing the overall mortality rate. Moreover, increasing demand for maternitycare devices is also expected to drive the market over the forecast period.