Intrapartum Monitoring Devices Market Trends

Growth Drivers

• Childbirth with Health Issues– On an annual basis, approximately 8 million babies are born with a birth defect worldwide. In low- and middle-income nations, nine out of every 10 children are born with a significant birth defect. Intrapartum monitoring devices give access to real-time data on fetal conditions. This can help healthcare providers to provide timely intervention and avoid health defects in newborns.
• Growing Percentage of Unexpected Pregnancy– According to the statistics of the United Nations, around 121 pregnancies in the world are unintended. Unexpected pregnancies often come with a higher level of uncertainty. This can increase the demand for prenatal care, including intrapartum monitoring, to ensure the health and well-being of both mother and child.
• Rising Advent of Technology– The Texas Children's Hospital joined the Baylor Children's Foundation in February 2023 to assist with the implementation of intrapartum monitoring utilizing artificial intelligence as part of the hospital's maternal neonatal health project.

Challenges

• Concerns Associated with Data Privacy and Security- The device gets access to sensitive data of the patient. Any compromise to the security of the devices can lead to the leak of patients’ personal data and impact the trust between people and healthcare providers.
• Strict Approval Regulation for Intrapartum Monitoring Devices
• Lack of Adequate Reimbursement Policies for the Intrapartum Monitoring Devices