World Market for Fetal Monitors to Reach $242 Million by 2012, According to New Report by Global Industry Analysts, Inc.
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Growth in the world fetal monitors market is expected to remain healthy driven by opportunities stemming from untapped markets including Eastern Europe and Asia-Pacific. Global fetal monitors market is projected to reach $242 million by 2012. San Jose, CA (PRWEB) October 29, 2008 -- Fetal monitors provide for non-stress testing of various bodily parameters of fetus such as fetal heart rate in high-risk pregnancies. Fetal monitoring revolves around constantly monitoring the baby's heart for stress indicators during labor or birth. In addition to the inherent advantage of fetal monitors as a non-invasive and safer prenatal diagnostic technique, other factors responsible for the product's growing demand include increasing awareness among expectant mothers, insurance coverage and maternity care reimbursement in developed nations. Hospitals comprise the largest end-users of fetal monitors.
Flagging demand in developed markets, such as, the United States is expected to be offset by growth opportunities emanating from Eastern Europe, Asia, and Latin America. The relatively lower penetration rate of these gadgets in developing markets provides a fertile environment conducive for strong growth. Additionally, improvements in standards of care in obstetrics and gynecology in these countries are helping spur growth. Hopes for strong growth are additionally pinned onto to the anticipated rise in the use of comprehensive, case-managed perinatal services in the long run.
United States and Europe, together dominate the global fetal monitors market (http://www.strategyr.com/Fetal_Monitors_Market_Report.asp) in terms of value sales, accounting for 60% share estimated in 2008, as stated by the recent report published by Global Industry Analysts, Inc. In Europe, Antepartum monitors market (http://www.strategyr.com/Fetal_Monitors_Market_Report.asp) is projected to reach US$27.1 million by 2012. Emergence of home-based fetal monitoring technologies in developing countries is set to become a focal point for fetal monitor markets across the world. Although, home-based fetal monitoring devices are extensively available in most of the developed countries, their use in developing countries is not as widespread. Opportunities for future growth are therefore expected to abound in untapped markets of Asia, Latin America, and Eastern Europe. World Intrapartum monitors market (http://www.strategyr.com/Fetal_Monitors_Market_Report.asp) is expected to grow by US$4.8 million during the period 2008 to 2012.
Leading global, and regional players operating in the industry include Analogic Corp, Cardinal Health Inc, GE HealthCare, Huntleigh Healthcare Ltd, Philip Medical Systems, and Spacelabs Healthcare Inc, among others. Key players in the United States intrapartum monitors market include Philips Medical Systems, GE Healthcare, and Spacelabs Medical.
The report titled "Fetal Monitors: A Global Strategic Business Report" published by Global Industry Analysts, Inc., covers major market dynamics, trends, issues, and competition pertaining to the market. The report enumerates recent product launches and developments, mergers, acquisitions and other strategic industry activities. Product segments analyzed in the study include Antepartum Fetal Monitors and Intrapartum Fetal Monitors. Analysis is presented for established and emerging markets including United States, Canada, Japan, France, Germany, United Kingdom, Italy, Asia-Pacific, and Latin America. The report provides a theoretical backdrop on fetal monitor technology and types, besides covering technological advancements in fetal monitoring.
For more details of this research report please visit http://www.strategyr.com/Fetal_Monitors_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (http://www.StrategyR.com/) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press @ StrategyR.com
Web Site http://www.StrategyR.com/
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