The Wireless Fetal Monitoring Systems Market, in the next 10 years, is expected to substantiate. Hospital decision support solutions are being floated, and the status quo is expected to stay the same even going forward. Herein, value propositions are made to the society on the whole and patients in particular by the government, private insurance companies, and social security organizations working in unison. As such, the healthcare industry is expected to witness a good number of clinical outcomes in the forthcoming period.
The Wireless Fetal Monitoring Systems Market Share is slated to reach US$ 2099.9 Million between 2026 at a CAGR of 6.8%. The healthcare vertical, on the whole, is moving towards value-based care. In other words, the trend towards consolidation asks for better care at lower costs, with smaller hospitals showing affiliation with larger IDNs (Integrated Delivery Networks). This would be a remarkable thing with regards to the healthcare industry in the next decade.
The forecast period will witness a shift of notion about healthcare from just being “sick care” to “health and wellness”. The Wireless Fetal Monitoring Systems Market entails the integration of this shift into the design of delivery locations/channels and service offerings by the key market participants. This could include at-home prescription delivery, virtual care, self-service application for behavior modification, and decision support.
According to the latest market report published by Persistence Market Research, titled ‘Global Wireless Fetal Monitoring System: Industry Analysis (2013-2017) and Forecast (2018-2026)’, the global wireless fetal monitoring system is expected to expand at a CAGR of 6.8% during the forecast period 2018–2026. The wireless fetal monitoring systems is segmented based on product type, application, end user and region.
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- General Electric Company
- Koninklijke Philips N.V.
- OBMedical Company
- Huntleigh Healthcare Limited (ARJO Family)
- Sunray Medical Apparatus Co., Ltd
- Dixion Vertrieb der Medizingeräte GmbH
- Shenzhen Unicare Electronic Co., Ltd.
- Shenzhen Jumper Medical Equipment Co.,Ltd.
- Shenzhen Aeon Technology Co., Ltd.
- Shenzhen Lai Kang Ning Medical Technology Co., Ltd.
- Mediana Co.,Ltd
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Wireless Fetal Monitoring System Market: Segmentation and Forecast
On the basis of product type, the market is segmented into Instruments, Accessories and Consumables. Instruments have the highest demand, Owing to the higher response rate of in wireless fetal monitoring systems. Based on application type, the wireless fetal monitoring system market is segmented into Fetal Heart Rate Monitoring, Intrauterine Pressure Monitoring.
Based on end user the market was segmented to Hospitals, Obstetrics and Genecology Clinics and Homecare. Hospitals is said to hold major market share and registering CAGR of 6.6%. The wireless fetal monitoring systems is expected to reach a market value of US$ 2099.9 Mn by 2026 end.
Wireless Fetal Monitoring System Market: Regional Analysis
On the basis of region, the market has been segmented into North America, Latin America, Europe, Asia-Pacific, and MEA. North America region dominated the wireless fetal monitoring systems which is estimated to measure around 35.3% of the global market in 2018 and is expected to continue to dominate the overall market partly due to technological advancement and entry of players into the market by launching different products.
Wireless Fetal Monitoring System Market: Competition Analysis
Companies are focusing on collaboration to develop new technological advanced products for fetal monitoring. The product type segment of wireless fetal monitoring systems will be boosted by its higher response rate and increasing research activities come up with new product type which leading to inorganic growth in industry players.
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Wireless Fetal Monitoring System Market: Taxonomy
By Product Type
- Accessories and Consumables
By Application Type
- Fetal Heart Rate Monitoring
- Intrauterine Pressure Monitoring
By End User
- Obstetrics and Gynecology Clinics
- North America
- Latin America
- Asia Pacific
- Middle East & AfricaAbout us: Persistence Market Research
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