Cardiotocography is a diagnostic test that can check uterine contractions and fetal heartbeat during pregnancy. The instrument used to perform this test is called cardiotocograph. It is also known as Electronic Fetal Monitor (EFM). According to a report made available by Radian Insights, Inc.; the cardiotocograph (CTG) market in the United States is anticipated to witness a healthy CAGR over the forecast period (from 2017 to 2022).
A CTG test is prescribed during the third trimester of pregnancy. It can measure Braxton Hicks contractions that indicate labor. Cardiotocography is usually prescribed if a woman is expecting twins, has low amniotic fluid, and is suffering from placental complications, hypertension, or diabetes. It is sometimes performed during labor when the unborn baby requires continuous monitoring.
Increased governmental and non-governmental initiatives for fetal and maternal health are the key market drivers. Growing awareness and willingness of the key manufacturers to invest in research & development can further support the CTG market in the years to come. CTG is the best way to assess fetal health both before birth and during labor. Advancing technologies have increased the demand for EFM systems over the past few years.
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The WatchChild fetal monitoring system is a fully configurable, comprehensive, and incorporated perinatal data management system. It is designed to simplify the information management process during delivery. It allows caregivers to get a closer look and to ensure safety of the mother and her child. Its decision support systems present essential data that can be vital in emergencies.
Assembled on an open architecture, this fetal monitoring solution provides integration capabilities for accurate and immediate bidirectional information exchange with the help of the Electronic Medical Record (EMR). In addition, its exclusive Data Acquisition System (DAS) can capture information even if the hospital’s network is not available. Such “store-and-forward” data storage systems can store four days of data. DAS forwards this data directly to the EMR system as soon as it is ready.
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The cardiotocograph (CTG) market in the United States is categorized into product types, applications or end-users, and regions. On the basis of product types, the market is split into traditional and intelligent cardiotocograph. According to applications, the market is segregated into clinical, hospital, and home. Regional segmentations are New England, Mid-Atlantic, Southwestern, Midwestern, Southern, and Western United States.
Prominent companies operating in the cardiotocograph (CTG) market are Philips Healthcare; GE Healthcare; Contec Medical Systems Co. Ltd.; Shenzhen Luckcome Technology Inc.; and Huntleigh Healthcare. Adoption of wearable technology, mobile monitoring and other such innovative methods are expected to boost research & development activities in the global market. This factor is expected to create growth opportunities for the key manufacturers.
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Rapid advancements in cardiotocograph systems and novel technologies are expected to impel the regional market growth. Keeping up with such developments is a major challenge for the major market manufacturers. Thus, most key market players adopt various business strategies to attain higher market position. These strategies include novel product launches, research & development, regional and product portfolio expansions, and mergers & acquisitions.
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