Neonatal and Fetal Monitors Market Projected to Reach Unprecedented Growth by 2032
The global neonatal and fetal monitors market is valued at US$ 8.2 billion in 2021 and is predicted to grow at a CAGR of 6.5% to reach US$ 14.4 billion by 2032. The growing need for neonatal and foetal monitors to help preterm newborns is likely to drive the growth of the neonatal and foetal monitors market. The Neonatal and Fetal Monitors Market refers to the market for devices used to monitor the health and vital signs of newborn babies and fetuses during pregnancy. These monitors are used to track various parameters such as heart rate, respiratory rate, blood pressure, oxygen saturation, and temperature to identify any potential health risks and to ensure timely intervention to prevent any complications. The market includes both portable and fixed monitors, and is driven by the growing incidence of premature births, rising awareness of the importance of fetal and neonatal monitoring, and technological advancements in these devices. The Neonatal and Fetal Monitors Market has a signi...