Global Fetal Surgery Market Share Is Expected To Grow At A CAGR Of 8.50% By 2028

19-Oct-2022 | Facts and Factors

According to Facts and Factors, the global fetal surgery market size was worth USD 3.15 billion in 2021 and is estimated to grow to USD 5.14 billion by 2028, with a compound annual growth rate (CAGR) of approximately 8.50% over the forecast period. The report analyzes the fetal surgery market's drivers, restraints/challenges, and their effect on the demands during the projection period. In addition, the report explores emerging opportunities in the fetal surgery market.

Fetal surgery, also known as antenatal surgery, prenatal surgery, and fetal reconstructive surgery, is a rapidly developing field of maternal-fetal medicine that deals with a variety of surgical techniques intended to treat birth defects in fetuses while they are still inside the pregnant uterus. There are three main types: percutaneous fetal therapy, which involves inserting a catheter under continuous ultrasound guidance; minimally invasive fetoscopic surgery, which makes small incisions and is guided by fetoscopy and sonography; and open fetal surgery, which completely opens the uterus to operate on the fetus.

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Browse the full “Fetal Surgery Market Size, Share, Growth Analysis Report By Product (Ultrasound, Intrauterine Pressure Catheter (IUPC), Telemetry Solutions, Electronic Fetal Monitoring (EFM), Fetal Electrodes, Fetal Doppler, Accessories & Consumables, Others), By Method (Invasive, Non-Invasive), By Portability (Portable, Non-Portability), By Application (Intrapartum Fetal Monitoring, Antepartum Fetal Monitoring), By End User (Hospitals, Clinics, Others), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028" report at https://www.fnfresearch.com/fetal-surgery-market

For several reasons, the global fetal surgery market is seeing growing product demand. Demand for the product is primarily driven by a surge in the need to monitor fetuses for potential congenital disabilities. The prevalence of preterm births is another factor influencing the need for these fetal surgery devices. The need for fetal cardiac monitoring was also increased due to the COVID-19 infection. As a result, by obtaining the proper care and medicines, these malformations can be prevented with diligent monitoring. Consequently, throughout the forecast period, the market for fetal surgery is expected to grow. The expensive cost of technology and the hazards involved with invasive fetal surgeries may limit the market's expansion.

The global fetal surgery market is segregated based on product, method, portability, application, end user, and region. Based on product, the fetal surgery market is classified into ultrasound, intrauterine pressure catheter (IUPC), telemetry solutions, electronic fetal monitoring (EFM), fetal electrodes, fetal doppler, accessories & consumables, and other products. Among these, the ultrasound segment led the market in 2021 and is expected to maintain its dominance during the forecast period. Based on method, the fetal surgery market is segmented into invasive and non-invasive methods. The non-invasive segment dominated the global market in 2021. Based on portability, the market is classified into portable and non-portability. The non-portable segment dominated the global market in 2021. By application, the market is segmented into intrapartum fetal monitoring and antepartum fetal monitoring. In 2021 and during the forecast period, the antepartum category is expected to continue to dominate the global market. Based on end users, the fetal surgery market is classified into hospitals, clinics, and others. The hospital sector dominated the fetal surgery market share in 2021.

The global fetal surgery market is divided into geographic regions of North America, Latin America, Europe, Asia Pacific, the Middle East & Africa. Due to rising fetal monitoring awareness and rising disposable incomes, Asia-Pacific offered attractive prospects for major participants in the fetal surgery market in 2021. Additionally, the increased need for sophisticated fetal surgery and monitoring equipment is responsible for the market expansion in this region. The market is also expected to rise due to an increase in the number of pregnancies and technological developments in the healthcare industry. The Asia-Pacific region has a dense population, with China and India being the two most populous nations. As a result, the Asia-Pacific fetal surgery market is anticipated to develop due to the region's large population and rise in pregnancy.

Report Scope

Report Attribute

Details

Market Size in 2021

USD 3.15 Billion

Projected Market Size in 2028

USD 5.14 Billion

CAGR Growth Rate

8.50% CAGR

Base Year

2021

Forecast Years

2022-2028

Key Market Players

G.E. Healthcare, Analogic Corporation, Fujifilm Sonosite Inc., Koninklijke Philips N.V., Siemens Healthcare, Medtronic Plc, Getinge Group, Neoventa Medical AB, Natus Medical Incorporated, OSI Systems Inc., and others.

Key Segment

By Product, Method, Portability, Application, End User, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa

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Key players in the global fetal surgery market include GE Healthcare, Analogic Corporation, Fujifilm Sonosite, Inc., Koninklijke Philips N.V., Siemens Healthcare, Medtronic Plc, Getinge Group, Neoventa Medical AB, Natus Medical Incorporated, and OSI Systems, Inc.

Recent Development:

  • In 2020: The Avalon CL Fetal and Maternal Pod and Patch were introduced by Koninklijke Philips N.V. in the US.

Global fetal surgery market is segmented as follows:

By Product

  • Ultrasound
  • Intrauterine Pressure Catheter (IUPC)
  • Telemetry Solutions
  • Electronic Fetal Monitoring (EFM)
  • Fetal Electrodes
  • Fetal Doppler
  • Accessories & Consumables
  • Other Products

By Method

  • Invasive
  • Non-Invasive

By Portability

  • Portable
  • Non-Portability

By Application

  • Intrapartum Fetal Monitoring
  • Antepartum Fetal Monitoring

By End User

  • Hospitals
  • Clinics
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

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