Furthermore, the increasing number of premature births and the need to reduce the mortality and morbidity associated with these births are expected to fuel the demand for fetal monitoring systems in the near future.įetal Monitoring market in terms of revenue was estimated to be worth $3.7 billion in 2022 and is poised to reach $5.2 billion by 2027, growing at a CAGR of 7.3% from 2022 to 2027 according to a latest report published by MarketsandMarkets™. Moreover, the increasing awareness of the importance of fetal monitoring and the development of innovative monitoring systems are also expected to drive the global fetal monitoring market.
In addition, the rising prevalence of chronic conditions such as hypertension and diabetes has increased the demand for fetal monitoring systems. This growth is likely to be fueled by advancements in technology, the growing need for improved maternal and fetal health, and the increasing focus on improving the quality of care for pregnant women. Chicago, Ap(GLOBE NEWSWIRE) - The fetal monitoring industry is expected to witness significant growth in the near future.
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