Fetal Monitoring Market size is valued at USD 3,350.5 million in 2021 and is expected to reach a value of USD 4,841.7 million by 2028, growing at a CAGR of 5.4% during the forecast period 2022 to 2028. The global market provides a detailed overview of the market and that can be segmented by product, application, method, and portability. By product, the fetal monitoring market has been segmented into ultrasound & ultrasonography (2D, 3D & 4D, doppler), electronic fetal monitoring (EFM) (external, internal), fetal doppler, fetal electrodes, uterine contraction monitor, accessories & consumables, and others. The electronic fetal monitoring segment is likely to be the largest and fastest-growing segment in terms of product. Based on application, the fetal monitoring market is segmented into antepartum fetal monitoring and intrapartum fetal monitoring. Among these, the antepartum fetal monitoring segment is expected to have the fastest-growing market during the forecast period 2022-2028. By method, the market is segregated into non-invasive and invasive. The non-invasive segment held a considerable market share during the estimated period. On the basis of end-users, the market is segregated into hospitals, obstetrics and gynecology clinics, and others. Obstetrics and gynecology held a considerable market share during the forecast period.
In Jun 2020, The Avalon CL Fetal and Maternal Pod and Patch were introduced by Koninklijke Philips N.V. in the US.