Fetal and Neonatal Monitoring Devices Market was Valued at US$ 10,142.6 Mn in 20

Posted by venkatakiran on September 26th, 2019

Analyst Speak:

“The Global Fetal and Neonatal Monitoring Devices Market was valued at US$ 10,142.6 Mn in 2018 and is expected to grow at a significant CAGR over six years forecast period 2019-2025 owing to rising initiatives by the government in developing countries about the fetal care”

Precision Business Insights (PBI) in its report titled “Global Fetal and Neonatal Monitoring Devices Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2018 and Forecast 2019-2025” assesses the market performance over six years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

The global fetal and neonatal monitoring devices market was valued at US$ 10,142.6 Mn in 2018 and growing at a CAGR of 5.0% over the forecast period owing to rise in the prevalence and incidence of premature births and infants with very low body weights are expected to support the growth of the market. According to the report by WHO, in 2018, nearly 15 Mn babies born preterm every year. Moreover, advancements in technology in fetal and prenatal monitoring devices coupled with adoption towards novel technologies fuels the growth of the market. However, stringent regulatory policies and high cost of the equipment are anticipated to restrain the growth of the market over the forecast years.

Global fetal and neonatal monitoring devices market segmented on the basis of product and application.

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https://www.precisionbusinessinsights.com/request-sample/?product_id=18632

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