Global Obstetrics Devices Market Size (2024 - 2029)

The obstetrics devices market is anticipated to experience growth over the forecast period, driven by factors such as an increasing global birth rate, rising obstetric complications, and technological advancements in the field. The market's expansion is influenced by the impact of the COVID-19 pandemic, which initially hindered growth due to delayed healthcare seeking behaviors. However, as restrictions ease and services resume, the market is expected to recover and grow. Despite these positive trends, the risks associated with assisted deliveries may pose challenges to the market's growth trajectory.

Market Size of Global Obstetrics Devices Industry

123
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
CAGR 7.40 %
Fastest Growing Market Asia Pacific
Largest Market North America

Major Players

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*Disclaimer: Major Players sorted in no particular order

Obstetrics Devices Market Analysis

The Obstetrics Devices Market is poised to grow at a CAGR of 7.4% over the forecast period.

The COVID-19 pandemic has significantly impacted the preterm birth and PROM testing market. According to a study published in the International Journal of Gynecology and Obstetrics, in October 2020, titled "The effect of the COVID-19 pandemic on maternal health due to delay in seeking health care: Experience from a tertiary center," inadequate prenatal visits were observed in one-third of the women. Lockdown and fear of infection were the leading causes of delayed health-seeking, with 44.7% of pregnancies ending in complications. Also, according to a report published in the Gynecologic and Obstetric Investigation in July 2020, infection with COVID-19 during pregnancy raises the risk of pregnancy complications such as preterm birth, preterm premature rupture of the membranes, and, in rare circumstances, maternal mortality. Hence, COVID-19 has significantly impacted the market growth during the pandemic. However, with the releasing of COVID-19 restrictions and resuming services the studied market is expected to propel over the forecast period.

Certain factors that are propelling the market growth are the increasing birth rate globally and the rise in obstetric complications and assisted deliveries, as well as technological advancements in obstetrics. For instance, according to 2022 statistics published by the Centers for Disease Control and Prevention, the number of births and fertility rates have increased in the United States. As per the Births: Provisional Data for 2021 report, there was a 1% increase in births from 2020, with 3,659,289 births recorded in 2021. In addition, as per the same source, in 2021, the global fertility rate increased by 1% from the previous year to 56.6 births per 1,000 women aged 15 to 44.

Additionally, a rise in preterm birth, obesity, PCOS (Polycystic Ovarian Syndrome), and other gynecological conditions lead to increased obstetric complications and assisted deliveries. Increasing obesity results in the rise in labor complications and a growing number of C-section deliveries.

Furthermore, the incidences of premature birth and increasing death among children due to preterm birth are the key driving factors for the growth of the market over the forecast period. For instance, according to the data published by the Centers for Disease Control and Prevention, in 2021, the rate of preterm delivery among African American women was 14.9%, which is 50% higher than the rate among whites (9.1%) and Hispanic women (9.8%). Also, according to the statistics published by the March of Dimes, in 2021, it has been observed that the preterm birth rates rose from 14.25% to 14.36% among Black women and from 11.55% to 11.61% among American Indian/Alaska Native mothers. Similarly, as per 2021 data published by the Centers for Disease Control and Prevention, it has been observed that one in every ten infants born was premature, in the United States in 2020.

However, the risks associated with assisted deliveries are expected to restrain the market growth over the forecast period.

Obstetrics Devices Industry Segmentation

As per the scope of the report, obstetrics devices are associated with delivery/labor devices and differ according to the type of delivery. The Obstetrics Devices Market is segmented by Delivery Type (Normal and Cesarian Section (C-Section)), Product (Retractors, Delivery Forceps, Suction Pumps, and Others), and Geography (North America, Europe, Asia-Pacific, Middle East, and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (in USD million) for the above segments.

By Delivery Type
Normal
Cesarian Section (C-Section)
By Product Type
Retractors
Delivery Forceps
Suction Pumps
Others
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle-East and Africa
GCC
South Africa
Rest of Middle-East and Africa
South America
Brazil
Argentina
Rest of South America
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Global Obstetrics Devices Market Size Summary

The obstetrics devices market is anticipated to experience significant growth over the forecast period, driven by factors such as increasing global birth rates, rising obstetric complications, and technological advancements in the field. The market's expansion is further supported by the resumption of healthcare services post-COVID-19, which had previously disrupted prenatal care and impacted maternal health. The prevalence of conditions like obesity and PCOS, which contribute to higher rates of assisted deliveries, is also a key factor propelling market growth. The cesarean section segment, in particular, is expected to see substantial growth due to the rising number of cesarean deliveries and ongoing technological innovations in obstetrics devices.

North America is projected to hold a significant share of the obstetrics devices market, bolstered by high healthcare expenditure, advanced healthcare infrastructure, and a rising number of cesarean deliveries. The region's market growth is further supported by increasing healthcare spending, which is expected to drive the development of technologically advanced obstetrics products. The competitive landscape of the market is moderately populated with both local and international players, with international companies holding a larger market share due to their global presence and FDA-approved devices. Key players such as Boston Scientific Corporation, Cooper Surgical, and Hologic Inc. are actively contributing to market dynamics through product launches and innovations.

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Global Obstetrics Devices Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increasing Birth Rate Globally and Rise in Obstetric Complications and Assisted Deliveries

      2. 1.2.2 Technological Advancements in Obstetrics

    3. 1.3 Market Restraints

      1. 1.3.1 Risks Associated with Assisted Deliveries

    4. 1.4 Porter's Five Force Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market Size by Value - USD million)

    1. 2.1 By Delivery Type

      1. 2.1.1 Normal

      2. 2.1.2 Cesarian Section (C-Section)

    2. 2.2 By Product Type

      1. 2.2.1 Retractors

      2. 2.2.2 Delivery Forceps

      3. 2.2.3 Suction Pumps

      4. 2.2.4 Others

    3. 2.3 Geography

      1. 2.3.1 North America

        1. 2.3.1.1 United States

        2. 2.3.1.2 Canada

        3. 2.3.1.3 Mexico

      2. 2.3.2 Europe

        1. 2.3.2.1 Germany

        2. 2.3.2.2 United Kingdom

        3. 2.3.2.3 France

        4. 2.3.2.4 Italy

        5. 2.3.2.5 Spain

        6. 2.3.2.6 Rest of Europe

      3. 2.3.3 Asia-Pacific

        1. 2.3.3.1 China

        2. 2.3.3.2 Japan

        3. 2.3.3.3 India

        4. 2.3.3.4 Australia

        5. 2.3.3.5 South Korea

        6. 2.3.3.6 Rest of Asia-Pacific

      4. 2.3.4 Middle-East and Africa

        1. 2.3.4.1 GCC

        2. 2.3.4.2 South Africa

        3. 2.3.4.3 Rest of Middle-East and Africa

      5. 2.3.5 South America

        1. 2.3.5.1 Brazil

        2. 2.3.5.2 Argentina

        3. 2.3.5.3 Rest of South America

Global Obstetrics Devices Market Size FAQs

The Global Obstetrics Devices Market is projected to register a CAGR of 7.40% during the forecast period (2024-2029)

Boston Scientific Corporation, Cooper Surgical, Hologic Inc., Olympus Corporation and Medtronic Plc are the major companies operating in the Global Obstetrics Devices Market.

Obstetrics Devices Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)