Intrauterine Pressure Catheters - Market Insights, Competitive Landscape and Market Forecast-2027

Intrauterine Pressure Catheters - Market Insights, Competitive Landscape and Market Forecast-2027

Intrauterine Pressure Catheters Market By Product (Fluid-Filled Catheters And Transducer Tip Catheters), By End-User (Hospitals, Ambulatory Surgical Centers (ASCS), And Specialty Clinics), and by geography is expected to advance at a respectable CAGR forecast till 2027 owing to the growing number complications in pregnancy and rising focus on maternal and fetal care across the globe

The global intrauterine pressure catheters market is estimated to grow at a CAGR of 6.37% during the forecast period from 2022 to 2027. The intrauterine pressure catheters market is observing significant market growth primarily owing to the mounting figures of various complications in pregnancy. Further, the rising focus on maternal and fetal care, increasing number of maternity specialty clinics globally, growing female population and birth rate, increasing product launches and approvals, surging investments by key players, and others will ultimately affect the demand for intrauterine pressure catheters during the forecast period. Therefore, the market of intrauterine pressure catheters is estimated to grow at a substantial CAGR during the forecast period from 2022 to 2027.

Intrauterine Pressure Catheters Market Dynamics:

One of the key aspects driving the intrauterine pressure catheter market is the increasing demand for intrauterine pressure catheters owing to the rising burden of complicated labor.

For instance, during labor physicians monitor the strength of contractions by measuring the pressure inside the uterus. High contraction strength indicates that the uterine pressure is strong enough to push the fetus out of the birth canal. On the other hand, a low contraction strength indicates that the fetus may not be pushed out of the birth canal and that medical assistance is required. The pressure caused by a contraction influences the fetus's heart rate, which is why a doctor or physician measures intrauterine pressure. During labor, the fetus's heart rhythm is a vital measure of fetal health. Thus, the growing adoption of intrauterine pressure catheters for fetal monitoring is expected to boost the growth of the market in the upcoming years.

Further, intrauterine pressure catheters are used to measure the exact force of uterine contractions during labor. This information is instrumental in deciding how much Pitocin (a drug used to induce or speed up labor) needs to be administered. Additionally, intrauterine pressure catheters may also be used for internal fetal monitoring.

Additionally, the increasing number of pregnancies will also propel the demand for intrauterine pressure catheters during the forecast period. According to the data from WHO 2022, In low- and middle-income countries (LMICs), girls between the ages of 15 and 19 had an estimated 21 million pregnancies annually as of 2019, almost 50% of which were unplanned and led to an estimated 12 million births.

Therefore, the factors stated above collectively will drive the overall intrauterine pressure catheters market during the forecast period from 2022-2027.

However, the high cost of instruments, the presence of ambiguous regulatory framework, and others may prove to be challenging factors for the Intrauterine Pressure Catheters market growth.

The intrauterine pressure catheter market was moderately impacted during the period of the COVID-19 pandemic. During the initial stage of the pandemic, the demand for intrauterine pressure catheters and services suffered a downfall owing to the imposition of strict lockdown rules, and disruption in manufacturing, and supply. However, during the pandemic deliveries were conducted from time to time to avoid any maternal or fetal complications. Thus, the demand for intrauterine pressure catheters was at a steady stage even due to a shortage of devices in the market. Likewise, with the ease of lockdown restrictions, the upturn of resources and supply chain, and the administration of a vaccine to the public, the demand for intrauterine pressure catheters were also increased and is anticipated to do the same during the forecast period from 2022 – 2027.

Intrauterine Pressure Catheters Market Segment Analysis:

Intrauterine Pressure Catheters Market by Product (Fluid-Filled Catheters and Transducer Tip Catheters), By End-User (Hospitals, Ambulatory Surgical Centers (ASCs), and Specialty Clinics), and Geography (North America, Europe, Asia-Pacific, and Rest of the World).

In the product segment of the intrauterine pressure catheters market, the transducer tip catheter segment is expected to have a significant revenue share in the year 2021. This was primarily owing to the advantages offered by transducer tip catheters, the rising availability of technologically advanced instruments in the market, and rising device launches and approvals in the market.

The tapered tip catheter device consists of a micro-pressure transducer, located at the tip of the catheter that is inserted directly into the uterine cavity. The transducer tip of the catheter is encapsulated in a soft, blunt boot which prevents partial obstruction by maternal or fetal tissue from affecting the pressure tracing. The blunt tip of the catheter allows clinicians to sense and avoid tissue obstructions before causing injury. The tapped tip is usually made up of a tactile tubing material that is stiff enough to allow insertion while maintaining the pliability necessary to avoid injuries.

Therefore, owing to the above-mentioned advantages, the demand for transducer tip catheters, thereby the category is expected to witness considerable growth eventually contributing to the overall growth of the global intrauterine pressure catheters market during the forecast period.

North America is expected to dominate the overall Intrauterine Pressure Catheters Market:

Among all the regions, North America is expected to dominate global intrauterine pressure catheters in the year 2021 and is expected to do the same during the forecast period from 2022-2027.

This can be ascribed to the intrauterine pressure catheter manufacturers in the US, increasing cases of complicated pregnancy, awareness among the people about the safety of mother and child during the delivery, and growing demand for new and advanced products, among others act as a supportive factor for the North America intrauterine pressure catheters market growth.

Also, the growing female population in the region will in turn propel the demand for intrauterine pressure catheters. For instance, according to the latest data presented by World Health Organization (WHO), about half of maternal deaths in the United States are preventable, so long as there's increased awareness and pregnant women can get access to quality care. Also, Up to 50,000 women may experience severe complications during pregnancy, at delivery, or in the postpartum period.

Rising per capita health care expenditure and disposable income in the US and Canada are major factors likely to be responsible for the dominance of North America in the global market during the forecast period.

Therefore, the interplay of the aforementioned factors above would provide a conducive growth environment for the North American region in the intrauterine pressure catheters market.

Intrauterine Pressure Catheters Market Key Players:

Some of the key market players operating in the intrauterine pressure catheters market include Cardinal Health, Koninklijke Philips N.V., Utah Medical Products, Inc., CooperSurgical Inc., Thomas Medical, VYAIRE, Laborie, LABOTECT GMBH, Kentec Medical, Inc., General Electric Company, and others.

Recent Developmental Activities in the Intrauterine Pressure Catheters Market:

In December 2019, Clinical Innovations, one of the largest medical device companies dedicated to labor and delivery and neonatal intensive care, signed a definitive agreement to be acquired by LABORIE Medical Technologies for an enterprise value of $525M.

Key Takeaways from the Intrauterine Pressure Catheters Market Report Study

Market size analysis for current intrauterine pressure catheters market size (2021), and market forecast for 5 years (2022-2027)

The effect of the COVID-19 pandemic on this market is significant. To capture and analyze suitable indicators, our experts are closely watching the intrauterine pressure catheter market.

Top key product/services/technology developments, mergers, acquisitions, partnerships, and joint ventures happened for the last 3 years

Key companies dominating the global intrauterine pressure catheters market.

Various opportunities available for the other competitor in the intrauterine pressure catheters market space.

What are the top-performing segments in 2021? How these segments will perform in 2027.

Which are the top-performing regions and countries in the current intrauterine pressure catheters market scenario?

Which are the regions and countries where companies should have concentrated on opportunities for intrauterine pressure catheter market growth in the coming future?

Target Audience Who Can Be Benefited from this Intrauterine Pressure Catheters Market Report Study

Intrauterine pressure catheters products providers

Research organizations and consulting companies

Intrauterine pressure catheters-related organizations, associations, forums, and other alliances

Government and corporate offices

Start-up companies, venture capitalists, and private equity firms

Distributors and Traders dealing in intrauterine pressure catheters

Various end users who want to know more about the intrauterine pressure catheters market and the latest technological developments in the intrauterine pressure catheters market.

Frequently Asked Questions for the Intrauterine Pressure Catheters Market:

1. What are intrauterine pressure catheters?

An intrauterine pressure catheter (IUPC) is a device placed inside a pregnant woman’s uterus to monitor uterine contractions during labor. The catheter measures the pressure within the amniotic space during contractions and allows physicians to evaluate the strength, frequency, and duration of contractions.

2. What is the global market for intrauterine pressure catheters?

The global intrauterine pressure catheters market is estimated to grow at a CAGR of 6.37% during the forecast period from 2022 to 2027.

3. What are the drivers for the global intrauterine pressure catheter market?

The intrauterine pressure catheters market is witnessing positive market growth owing to the factors growing several complications in pregnancy, rising focus on maternal and fetal care, increasing number of maternity specialty clinics globally, growing female population and birth rate, increasing product launches and approvals, and others will create an exigency for the intrauterine pressure catheters market.

4. Who are the key players operating in the global Intrauterine Pressure Catheters market?

Some of the key market players operating in the intrauterine pressure catheters market include Cardinal Health, Koninklijke Philips N.V., Utah Medical Products, Inc., CooperSurgical Inc., Thomas Medical, VYAIRE, Laborie, LABOTECT GMBH, Kentec Medical, Inc., General Electric Company, and others.

5. Which region has the highest share of the intrauterine pressure catheter market?

Among all the regions, North America is estimated to amass a significant revenue share in the global intrauterine pressure catheters market. This can be ascribed to the intrauterine pressure catheter manufacturers in the US, high awareness among the people about the safety of mother and child during the delivery, and growing demand for new and advanced products, and others act as a supportive factor for the North America intrauterine pressure catheters market growth.

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