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Global Clinical Perinatal Software Market - Overview

The clinical perinatal software monitor the health of the fetus and pregnant women. It provides information about any complexity that may arise during the prenatal period, which helps to minimize the problems during the pregnancy. Increasing awareness and a rising birth rate & post-date pregnancy drive the market. Furthermore, increasing healthcare expenditure, continuous development in technology, and increasing government support for research & development have fuelled the market growth. On the other hand, complex user interface and high cost of the software may slow the market growth over the assessment period.

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The healthcare sector is evolving at a rapid pace. Introduction of advanced technology and software have improved the quality of research and treatment. e-Health has attracted considerable attention as a means of supporting maternal and perinatal health care. Approximately 45% of births in low and middle income countries are assisted by skilled personnel. This suggests, not only a severe crisis of human resources for quality healthcare, but also serious health inequities across these countries. The use of the advanced software has the potential to significantly improve management of patients, research, tracking diseases, and monitoring public health.

Perinatal software can improve effectiveness and management of the pregnancy by identifying the complexity that may arise during the prenatal period. Rising healthcare spending and government initiatives for educating the people has led to increase in the use of the software, ultimately driving the market growth.

Global Clinical Perinatal Software Market - Competitive Analysis

A limited number of industries are working in the development of clinical perinatal software. Through extensive research, it is found out that the market players have adopted the strategy of development of innovative & advanced software, and acquisition. Since the many companies present in the market are privately held, the financial information of some of the companies is not available in the public domain. On the basis of the market study, we found some key players operating in this market: GE Healthcare, Edan Instruments, Inc., Huntleigh Healthcare Limited, KONINKLIJKE PHILIPS N.V, K2 Medical Systems, and Cerner Corporation.

KONINKLIJKE PHILIPS N.V is one of the leading players in the market with a huge global presence and over 114,000 employees. The company has a significant presence in the Americas, Europe, and Asia Pacific and its research and manufacturing units are present in over one dozen countries.

Many leading players are concentrated in the Americas owing to well-established market and high healthcare expenditures; these players have expanded their market in other region as well. Furthermore, the companies such as K2 Medical Systems, Edan Instruments, and Huntleigh Healthcare Limited are well-established in European market. The major 2 players namely GE Healthcare and KONINKLIJKE PHILIPS N.V account for 52.9% share of the global clinical perinatal software market.

Global Clinical Perinatal Software Market - Regional Analysis

The Americas region accounted for a lion share of USD 65.31 million in 2016, owing to the well-developed technology, high healthcare expenditure, and the presence of the leading players.

Europe is the second largest market that holds a noticeable share of the global clinical perinatal software market. The European market is expected to grow significantly during the forecast period owing to well-developed healthcare infrastructure and increasing investment in healthcare. Germany, the UK, and France contribute significantly to the growth of the European market.

In Asia Pacific, rising number of hospitals, increasing need for better diagnostic methods, and demand for cost-effective treatment & diagnostics services are the key factors for the market growth.

The Middle East & Africa is expected to show steady growth in this market due to low technology penetration and less availability of innovative healthcare technologies.

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