Research Overview
Saturation in Fetal and Neonatal Monitoring Equipment Markets Likely to Deter Market Growth
The U.S. fetal and neonatal monitoring equipment markets have been exhibiting sedentary growth rate due to maturity of the markets. This saturation was caused by several factors including, the almost flat birth rate since the late 1990s and the shifting of existing monitoring equipment to the decline phase of the product life cycle due to lack of new products. Over the forecast period (2005-2011), the majority of the sales are expected to be replacement units. The stability of the birth rate combined with high penetration among the major distribution channels and high barriers to entry and exit pose a formidable challenge to the growth of the fetal and neonatal monitoring equipment markets.
This Frost and Sullivan research service provides insights into the U.S. fetal and neonatal monitoring equipment markets. The study provides a complete assessment of this market along with revenue forecasts, unit shipment forecast, average pricing forecast, and market share analysis of antepartum and intrapartum fetal, hospital neonatal multiparameter, home apnea, neonatal transcutaneous, and neonatal pulse-oximetry monitoring equipment markets. It also includes detailed discussion of market drivers and restraints, industry challenges, and strategic recommendations in segments such as electronic fetal, neonatal, and neonatal non-invasive blood gas monitoring equipment.
Continuous Differentiation on Product Features and Services Likely to Build Customer Loyalty
"In a mature market, sales representatives are forced to compete vigorously, not only for sales volumes, but also to create customer satisfaction and loyalty," says the analyst of this study. "To retain loyal customers in such a market, vendors need to strengthen their distribution channels by increasing their U.S. direct sales force and technical support staff."
The continuing replacement market is not likely to have price or technology differentiation, thereby, increasing the value for relationship marketing dramatically. In such a scenario, vendors need to develop ways to add value to their products by differentiating their services, and thus offering their customers a complete package. The establishment of direct sales representatives is likely to create firm relationships with the healthcare facilities purchasing departments, which are likely to ultimately constitute the greatest force multiplier.
Growing Number of Older Maternal Population and Better Access to Information Expected to Drive Demand for Monitors
Doctors are increasingly advising their patients over the age of 35 to take advantage of the increased control provided by in-vitro fertilization. This has resulted in growing rates of multiple pregnancies as well as a heightened possibility of a mother delivering prematurely. As the number of preterm births multiplies the demand for neonatal monitoring devices increases. Also, features that allow clinicians to view and access Windows applications on the same display as patient waveforms and other vital signs and interact with them are becoming increasingly popular with hospitals.
"Technological advancements are expected to result in new or replacement sales, resulting in increased revenue," notes the analyst. "Advanced neonatal monitors are serving as the remedy for the nursing shortage; also, demanding parents and computer savvy physicians are shortening replacement cycles thus increasing demand for fetal and neonatal monitoring equipment."
Frost & Sullivan Growth Partnership Service
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- Assisting companies to reach their full potential in the core business
- Providing growth strategies to help companies expand into related businesses
- Preemptively redefining the core business during market turbulence
- Applying the Frost & Sullivan framework to identify and address common mistakes resulting from misaligned corporate strategies
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To maximize the potential for growth within a firm's internal and external environment, Frost & Sullivan consultants can facilitate the creation of strategic programs that deliver improved market success. Frost & Sullivan's strengths lie in combining strategic understanding with market expertise and applying these with absolute commitment to its clients' growth.
Benefits of this Service
Technology Trends Illustrated Aid Companies to Ground themselves in these Markets
Constant technology upgrade and advancement is imperative in the fetal and neonatal equipment monitoring markets, considering the fact that the market is relatively saturated. This research service gives an insight of recent innovations and emerging technology. This could be used by companies to steer their research and development to position themselves in these growing markets.
Companies' Growth Curve Identified with the Aid of Anticipated Market Drivers and Restraints
The fetal and neonatal monitoring equipment market is saturated and is experiencing a slow growth rate. The study discusses the key drivers and restraints that are likely to impact the market in the future. This benefits the companies in learning the growth potential of these markets.
The Predicted Industry Challenges and their Strategic Recommendations Guide Companies to Better Decision Making
Discussion of key challenges and their strategic recommendations have been included in this analysis. This is likely to help companies draw up their strategies in-line with the potential challenges.
Market Share Analysis for the Market Segments to Provide Clearer Picture to Companies on Revenue Potential of Each Segment
The fetal and neonatal monitoring equipment markets have been discussed under six sub-segments and the market share of the participants in each of these segments has been analyzed.
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
- Electronic fetal monitoring equipment
- Neonatal monitoring equipment
- Neonatal non-invasive blood gas monitoring equipment
Technologies
The following technologies are covered in this research:
- Electronic Fetal Monitors (EFMs): These monitors display the heart rate of the fetus and maternal uterine activity through the analysis and registration of sound variations. EFM systems also include maternal parameters, such as non-invasive blood pressure (NIBP), pulse oximetry, and electrocardiography (ECG).
- Antepartum/ Intrapartum Monitors: The former measure fetal vital signs during the last three months of pregnancy whereas, the latter allow for fetal and uterine-invasive monitoring during the labor process.
What's Included
- Detailed insights into the U.S. fetal and neonatal monitoring equipment markets
- Market drivers and restraints, industry challenges, and strategic recommendations
- Revenue forecasts, unit shipment, average pricing forecast, and market share analysis of equipment for antepartum and intrapartum fetal monitoring, hospital neonatal multiparameter monitoring, home apnea monitoring, neonatal transcutaneous monitoring, and neonatal pulse-oximetry monitoring
- Identification and analysis of top industry participants and competitive factors
- Aggregate industry revenues
Table Of Contents
1. Executive Summary
- 1. Market Overview
- 1. Introduction & Summary of Major Findings
2. Total U.S. Fetal and Neonatal Monitoring Equipment Market
- 1. Total Market Overview
- 1. Introduction
- 2. Definitions and Segmentation
- 3. Market Drivers
- a. Older Maternal Population Driving up Multiple Birth Rates and Related Risks Likely to Boost Usage of Fetal And Neonatal Monitoring Equipment.
- b. Better Access to Information Expected to Drive Demand for Advanced NICU Monitors
- c. Nursing Shortage and Aging Nursing Population Likely to Increase Demand for Enhanced Equipment
- d. Parental Emotional Drive Expected to Strengthen Demand for Premium Fetal and Neonatal Monitoring Equipment
- e. Physicians Demand for Enhanced Equipment Likely to Shorten Replacement Cycle
- 4. Market Restraints
- a. Extended Replacement Rates a Likely to be a Deterrent to Market Growth
- b. Lack of Technological Advancements Expected to Extend Replacement Rates
- c. Consolidation of Hospitals Anticipated to Limit Revenues
- d. High Barriers to Entry and Exit Likely to Constraint Market Development
- 5. Technology Trends
- 2. Market & Competition Profile
- 1. Database of Key Industry Participants by Product Type
- 2. Competitive Landscape
- 3. Market Updates
- 3. Market Forecasts
- 1. Market Engineering Measurements and Methodology
- 2. Forecast Methodology
- 3. Total Revenues and Revenues by Segment Forecasts
- 4. Industry Challenges & Strategic Recommendations
- 1. Industry Challenges
- 2. Strategic Recommendations
3. The U.S. Electronic Fetal Monitoring Equipment Market
- 1. Market Analysis
- 1. Market Overview
- 2. Revenue Forecasts
- 3. Market Engineering Analysis
- 4. Competitive Structure
- 5. Product Analysis
- 2. Antepartum Fetal Monitors
- 1. Market Overview
- 2. Revenues Forecast Analysis
- 3. Unit Shipment Analysis
- 4. Pricing Analysis
- 5. Market Share Analysis
- 3. Intrapartum Fetal Monitors
- 1. Market Overview and Definition
- 2. Revenues Forecast Analysis
- 3. Unit Shipment Analysis
- 4. Pricing Analysis
- 5. Market Share Analysis
4. The U.S. Neonatal Monitoring Equipment Market
- 1. Market Analysis
- 1. Market Overview
- 2. Total Revenues by Product Type
- 3. Market Engineering Analysis
- 4. Competitive Structure
- 5. Product Analysis
- 2. Hospital Neonatal Multiparameter Monitors
- 1. Market Overview and Definition
- 2. Revenues Forecast Analysis
- 3. Unit Shipment Analysis
- 4. Pricing Analysis
- 5. Market Share Analysis
- 3. Home Apnea Monitors
- 1. Market Overview and Definition
- 2. Revenues Forecast Analysis
- 3. Unit Shipment Analysis
- 4. Pricing Analysis
- 5. Market Share Analysis
5. The U.S. Neonatal Non-Invasive Blood Gas Monitoring Equipment Market
- 1. Market Analysis
- 1. Market Overview
- 2. Total Revenues by Product Type
- 3. Market Engineering Analysis
- 4. Competitive Structure
- 5. Product Analysis
- 2. Trancutaneous Monitors
- 1. Market Overview
- 2. Revenues Forecast Analysis
- 3. Unit Shipment Analysis
- 4. Pricing Analysis
- 5. Market Share Analysis
- 3. Pulse Oximetry Monitors
- 1. Market Overview
- 2. Revenues Forecast Analysis
- 3. Unit Shipment Analysis
- 4. Pricing Analysis
- 5. Market Share Analysis
6. Frost & Sullivan Awards
- 1. Frost & Sullivan Awards
- 1. Introduction
- 2. Technology Leadership Award
- 3. Entrepreneurial Company Award
- 4. Product Innovation Award
- 5. Customer Service Leadership Award
- 6. Technology Innovation Award
7. Decision Support Database
- 1. Decision Support Database
- 1. Number of Hospitals
- 2. Female Population
- 3. Fertility Rate
- 4. Birth Rate
- 5. Infant Population
List of Figures
Chapter 2
- Total Fetal and Neonatal Monitoring Equipment Market: Market Drivers Ranked in Order of Impact (U.S.), 2005-2011
- Total Fetal and Neonatal Monitoring Equipment Market: Market Restraints Ranked in Order of Impact (U.S.), 2005-2011
- Total Fetal and Neonatal Monitoring Equipment Market: Key Technology Trends (U.S.), 2004
- Total Fetal and Neonatal Monitoring Equipment Market: Database of Key Industry Participants by Product Type (U.S.), 2004
- Total Fetal and Neonatal Monitoring Equipment Market: Competitive Structure (U.S.), 2004
- Total Fetal and Neonatal Monitoring Equipment Market: Market Updates (U.S.), 2003-2005
- Total Fetal and Neonatal Monitoring Equipment Market: Revenue Forecasts (U.S.), 2001-2011
- Total Fetal and Neonatal Monitoring Equipment Market: Percent of Revenues by Segment (U.S.), 2001-2011
- Total Fetal and Neonatal Monitoring Equipment Market: Impact of Top Industry Challenges (U.S.), 2005-2011
- Total Fetal and Neonatal Monitoring Equipment Market: Strategies Addressing Top Market Challenges (U.S.), 2005
Chapter 3
- Electronic Fetal Monitoring Equipment Market: Revenue Forecasts (U.S.), 2001-2011
- Electronic Fetal Monitoring Equipment Market: Percent of Revenues by Product Type (U.S.), 2001-2011
- Electronic Fetal Monitoring Equipment Market: Competitive Structure (U.S.), 2004
- Electronic Fetal Monitoring Equipment Market: Products Offered by Major Market Participants (U.S.), 2004
- Fetal Antepartum Monitoring Equipment Market: Revenue Forecasts (U.S.), 2001-2011
- Fetal Antepartum Monitoring Equipment Market: Unit Shipment Forecasts (U.S.), 2001-2011
- Fetal Antepartum Monitoring Equipment Market: Average Selling Price Forecasts (U.S.), 2001-2011
- Fetal Antepartum Monitoring Equipment Market: Company Market Share by Revenues (U.S.), 2004
- Fetal Intrapartum Monitoring Equipment Market: Revenue Forecasts (U.S.), 2001-2011
- Fetal Intrapartum Monitoring Equipment Market: Unit Shipment Forecasts (U.S.), 2001-2011
- Fetal Intrapartum Monitoring Equipment Market: Average Selling Price Forecasts (U.S.), 2001-2011
- Fetal Intrapartum Monitoring Equipment Market: Company Market Share by Revenues (U.S.), 2001
Chapter 4
- Neonatal Monitoring Equipment Market: Revenue Forecasts (U.S.), 2001-2011
- Neonatal Monitoring Equipment Market: Percent of Revenues by Product Type (U.S.), 2001-2011
- Neonatal Monitoring Equipment Market: Competitive Structure (U.S.), 2004
- Neonatal Monitoring Equipment Market: Products Offered by Major Market Participants (U.S.), 2004
- Hospital Neonatal Multiparameter Monitoring Equipment Market: Revenue Forecasts (U.S.), 2001-2011
- Hospital Neonatal Multiparameter Monitoring Equipment Market: Unit Shipment Forecasts (U.S.), 2001-2011
- Hospital Neonatal Multiparameter Monitoring Equipment Market: Average Selling Price Forecasts (U.S.), 2001-2011
- Hospital Neonatal Multiparameter Monitoring Equipment Market: Company Market Share by Revenues (U.S.), 2004
- Neonatal Home Apnea Monitoring Equipment Market: Revenue Forecasts (U.S.), 2001-2011
- Neonatal Home Apnea Monitoring Equipment Market: Unit Shipment Forecasts (U.S.), 2001-2011
- Neonatal Home Apnea Monitoring Equipment Market: Average Selling Price Forecasts (U.S.), 2001-2011
- Neonatal Home Apnea Monitoring Equipment Market: Company Market Share by Revenues (U.S.), 2004
Chapter 5
- Neonatal Non-invasive Blood Gas Monitoring Equipment Market: Revenue Forecasts (U.S.), 2001-2011
- Neonatal Non-invasive Blood Gas Monitoring Equipment Market: Percent of Revenues by Product Type (U.S.), 2001-2011
- Neonatal Non-invasive Blood Gas Monitoring Equipment Market: Competitive Structure (U.S.), 2004
- Neonatal Non-invasive Blood Gas Monitoring Equipment Market: Products Offered by Major Market Participants (U.S.), 2004
- Neonatal Transcutaneous Monitoring Equipment Market: Revenue Forecasts (U.S.), 2001-2011
- Neonatal Transcutaneous Monitoring Equipment Market: Unit Shipment Forecasts (U.S.), 2001-2011
- Neonatal Transcutaneous Monitoring Equipment Market: Average Selling Price Forecasts (U.S.), 2001-2011
- Neonatal Transcutaneous Monitoring Equipment Market: Company Market Share by Revenues (U.S.), 2004
- Neonatal Pulse Oximetry Monitoring Equipment Market: Revenue Forecasts (U.S.), 2001-2011
- Neonatal Pulse Oximetry Monitoring Equipment Market: Unit Shipment Forecasts (U.S.), 2001-2011
- Neonatal Pulse Oximetry Monitoring Equipment Market: Average Selling Price Forecasts (U.S.), 2001-2011
- Neonatal Pulse Oximetry Monitoring Equipment Market: Company Market Share of Major Market Participants (U.S.), 2004
