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Industry News
Market Research IndustryEU fetal neonatal monitoring market expandingThe use of fetal and neonatal monitoring and diagnostics is growing in the European Union due to a combination of higher awareness among expectant mothers about the advantages of sophisticated monitoring, as well as the non-invasiveness and greater safety offered by new prenatal diagnostic techniques, according to an analysis from market research firm Frost & Sullivan.The European market for fetal and neonatal monitoring equipment earned revenues of $130.9 million in 2008, and Frost & Sullivan estimated the market to hit $161.2 by 2012. The average age of Europe’s maternal population has been increasing gradually and advances in technology, coupled with improvements in in vitro fertilization, have led to greater success rates, the firm stated.“Progress in fertilization technology has resulted in most patients over the age of 35 being advised for in vitro fertilization,” noted Frost & Sullivan Industry Analyst Janani Narasimhan. “This has boosted the rate of multiple pregnancies, as well as increased the possibility of a mother delivering prematurely.
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