2 May 2019 - Global Fetal Monitoring Bands Market is expected to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. Fetal monitoring bands are the flexible tubular bands that are made in a stockinet style comprising 85% soft woven white polyester and 15% spandex. It is easy to use and comfortably fits over a mother’s mid-section to securely hold a fetal monitor in place.
The factors that are playing a major role in the growth of fetal monitoring bands market are the rising technological enhancement, the increasing disposable income, and the growing number of stillbirths and preterm births across the globe. However, declining fertility rates may restrain overall market growth in the years to come. Fetal monitoring band market is segmented based on type, size, product type, end-user, and region.
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Buttonhole and plush fetal monitoring bands are the types that could be explored in fetal monitoring bands in the forecast period. Based on size, 16”, 14”, 12”, and 10” that could classify fetal monitoring bands in the forecast period. Smart and ordinary fetal monitoring bands are the product types that could be explored in fetal monitoring bands in the forecast period. The smart fetal monitoring sector accounted for the substantial market share of fetal monitoring bands and is estimated to lead the overall market in the years to come.
The market may be categorized based on end-users like homecare service providers, hospitals, specialized gynecology centers, and others could be explored in fetal monitoring bands in the forecast period. The hospital sector accounted for the substantial market share of fetal monitoring bands and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the rising acceptance and demand for fetal monitoring bands in this sector.
Globally, North America accounted for the substantial market share of fetal monitoring bands and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the growing number of birth and diagnostic centers, developed healthcare infrastructure, the presence of key manufacturers in the region, and the high demand from the end-users. The United States is a major consumer of fetal monitoring bands in this region.
Europe and the Asia Pacific are also estimated to have a positive influence on future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The developing countries like India and China are the major consumers of fetal monitoring bands in this region. The key players of fetal monitoring bands market are The Cooper Companies, BeoCare Group, Surgmed, Feta Med, and Medline Industries. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.
Market Segment:
Geographically, this report is segmented into several key Regions, with production, revenue (million USD), market share and growth rate of Fetal Monitoring Bands in these regions, from 2013 to 2025 (forecast), covering
• North America
• Europe
• China
• Japan
• Southeast Asia
• India
Global Fetal Monitoring Bands market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• BeoCare Group
• Feta Med
• Medline Industries
• Surgmed
• The Cooper Companies
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