According to the research report titled ‘Global Fetal Heart Rate Monitoring Device Market by Product Type (Internal Fetal Heart Rate Monitoring Device and External Fetal Heart Rate Monitoring Device), Technology Type (Doppler Ultrasound Device and Electronic Fetal Monitoring Device), Portability of Device (Portable and Non-portable), Regional Forecasts 2021-2027’, available with MarketStudyReport, global fetal heart rate monitoring device market is expected to record a y-o-y growth rate of 6.7% during the forecast period 2021-2027.
 

Rising government and non-government initiatives to improve maternal and fetal care, as well as technological advancements in fetal monitoring devices, are propelling the growth of global fetal heart rate monitoring device market.
 

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For the unversed, fetal heart rate monitoring is a procedure that uses specialized equipment to measure and monitor the baby's heart rate & rhythm during delivery and labor. In obstetrics and gynecology, fetal heart rate monitoring is frequently used.
 

Moreover, emerging markets and rising infrastructure developments are anticipated to create lucrative opportunities for businesses in the upcoming years. 
 

On the downside, high cost of equipment, as well as stringent regulatory standards for medical devices are likely to impede overall industry growth in the coming years.
 

Based on product type, global fetal heart rate monitoring device  market is divided into internal heart rate monitoring devices and external heart rate monitoring devices. In terms of technology, the industry is classified into doppler ultrasound device and electronic fetal monitoring device, while by portability, the market is bifurcated into portable and non-portable segments.
 

From a geographical standpoint, the research literature covers regions such as Asia Pacific (India, Japan, South Korea, China, Australia), North America (U.S., Canada), Europe (Germany, Italy, U.K., France, Spain), and Latin America (Mexico, Brazil).
 

Among these, North America is anticipated to account for a considerable market share during the projected timeline, owing to the presence of well-structured, established, and developed healthcare systems in countries such as the United States and Canada.
 

Additionally, with considerable R&D spending on newborn care equipment, governments in North America are promoting small-scale healthcare research facilities, thereby accelerating regional market development during the analysis period. 
 

The competitive landscape of worldwide fetal heart rate monitoring device industry is defined by companies like Mindray Medical International Co., Ltd., Koninklijke Philips N.V., Sunray Medical Apparatus Co. Ltd., Bionet America, Inc., GE Healthcare Systems, SonoSite, Inc., Trismed Co., Ltd., Edan Instruments, Inc., MedGyn Products, Inc., and CooperSurgical, Inc. among others.