The research study covers the present scenario and growth prospects of the global fetal Dopplers market for 2017-2021. Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The global fetal Dopplers market is likely to witness a steady growth during the forecast period. The increase in incidence of multiple pregnancies and premature births has increased the demand for fetal Dopplers worldwide. The rising awareness among people and the availability of cost-effective equipment are also driving the market growth. The high cost of manufacturing, licensing, and the need for clinical trials to establish the efficacy of the products are the major barriers for new entrants, especially in developed countries. This has led to the emergence of many small companies in China, owing to low production cost, labor cost, and low clinical trial cost, which will, in turn, reduce the costs of fetal Dopplers in the market.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
Technavio analysts highlight the following three factors that are contributing to the growth of the global fetal Dopplers market:
- Increasing number of pre-term births
- Acquisition of small specialized hospitals by Tier 1 hospitals
- Increased focus on online promotional and marketing strategies
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Increasing number of pre-term births
Cases of premature births are on the rise in most countries. Premature infants face short and long-term complications as their organs are immature and not prepared to support life in the extra-uterine environment. Such cases can be avoided by using fetal Doppler by continuously monitoring the fetus. In such cases, the fetal heart /rate is checked through Doppler.
A study conducted by the University of Missouri at Kansas City, and Director, Children’s Mercy Bioethics Center, Children’s Mercy Hospital and Department of Health Studies, University of Chicago, US, in 2011, found that the number of premature births is increasing in the US. The study also found that there is a tendency of fetal mortality after 20 weeks of gestation.
Acquisition of small specialized hospitals by Tier 1 hospitals
The growing acquisition of small hospitals by Tier 1 hospitals has impacted the growth of the global fetal Dopplers market positively. Tier 1 hospitals acquire small specialized hospitals, which helps to train the healthcare staff. This has also helped the small hospitals to meet patient needs more effectively and use a range of advanced patient monitoring equipment such as ultrasound systems, benchtop Doppler systems, and portable Doppler devices.
Srinivas Sashidhar, a lead medical imaging research analyst at Technavio, says, “The brand name of large hospitals attracts many people to opt for healthcare services from them. These hospitals purchase equipment in bulk. They prefer portable fetal Dopplers as they do not require highly skilled professionals and can be easily handled by midwives. The presence of skilled physicians and clinicians in these hospitals will encourage more people to opt for these hospitals.”
Increased focus on online promotional and marketing strategies
“The online marketing and promotional strategies adopted by vendors have provided better accessibility of their products to end-users, which has further increased the sales. For instance, Edan, a US-based fetal Doppler manufacturing company sells its products in India through e-commerce websites such as Snapdeal,” says Srinivas.
Many large and small vendors are selling patient monitors online. The products available online are also given with the manufacturer's warranty. Therefore, the online selling of vital signs monitors such as fetal Dopplers can boost the sales and revenue of vendors.
Browse Related Reports:
- Global Mobile Medical Imaging Services Market 2017-2021
- Global Refurbished Medical Imaging Equipment Market 2017-2021
- Global Advanced Visualization Systems Market 2017-2021
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at email@example.com.