Asia-Pacific Clinical Perinatal Software Market, By Type (Product and Services), Deployment Models (On–Premise, Cloud–Based and Web-Based), Applications (Fetal Monitoring, Workflow Management, Patient Documentation, EMR Workflow Management and Others), End User (Hospitals, Speciality/ Maternity Clinics and Others) – Industry Trends and Forecast to 2030.
Asia-Pacific Clinical Perinatal Software Market Analysis and Size
The rapid rise in the birth rate, combined with an increase in post-date pregnancies, is expected to drive market growth. According to the Stillbirth Center of Research Excellence, one in every 137 women reaching the 20th week of pregnancy in Australia will have a stillbirth child. These statistics necessitate an efficient clinical perinatal software solution contributes to revenue growth. Furthermore, rapid technological advancements in perinatal software and increasing adoption of healthcare IT are enhancing adoption and promoting growth.
Data Bridge Market Research analyses that the clinical perinatal software market which is USD 34.86 million in 2022, is expected to reach USD 68.95 million by 2030, at a CAGR of 8.9% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Asia-Pacific Clinical Perinatal Software Market Scope and Segmentation
2023 to 2030
2021 (Customizable to 2015 - 2020)
Revenue in USD Million, Volumes in Units, Pricing in USD
Type (Product and Services), Deployment Models (On–Premise, Cloud–Based and Web-Based), Applications (Fetal Monitoring, Workflow Management, Patient Documentation, EMR Workflow Management and Others), End User (Hospitals, Speciality/ Maternity Clinics and Others)
China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC)
Market Players Covered
Koninklijke Philips N.V. (Netherlands), General Electric (U.S), Cerner Corporation (U.S.), Medical Information Technology, Inc. (U.S.), Meridian Health Informaticsm (Australia), K2 Medical Systems Ltd (U.K.), Epic Systems Corporation (U.S.), EdanUSA (China)
Clinical perinatal software includes features such as advanced statistical analysis, which improves clinical efficiency and standardization of care during childbirth. Clinical perinatal software provides continuous analysis as well as a well-organized display of complex real-time data to encourage better human recognition and communication regarding labour difficulties.
Asia-Pacific Clinical Perinatal Software Market Dynamics
- Rise in birth rate
The rising birth rate in developed countries, as well as natal mortality and preterm births due to a lack of diagnosis and obstetric care, have all contributed to an increase in the demand for perinatal software devices in hospitals and clinics. According to the American health ranking report, the birth rate in the United States in 2019 is 12 births per 1000 people, and infant mortality is six deaths per 1000 live births. Furthermore, rising disposable income in developing countries, as well as vast untapped opportunities in healthcare, are driving market growth.
- Government initiatives to raise public awareness
Rising healthcare spending and government initiatives to raise public awareness have resulted in increased use of the software, driving revenue. For instance, the Centers for Disease Control and Prevention (CDC) recognized (perinatal quality collaborative) PQCs in 2016 and provided a variety of online resources to support them. The provision of high-quality healthcare, as well as the use of cutting-edge software in maternity clinics and hospitals, is increasing revenue.
- High Cost
The high costs of installing clinical perinatal software slow the market's growth rate. Hacking risks associated with clinical perinatal software will also pose a significant challenge to market growth. The clinical perinatal software market will face new challenges as a result of strict legal and approval frameworks.
This clinical perinatal software market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the clinical perinatal software market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on the Clinical Perinatal Software Market
The Covid-19 pandemic has wreaked havoc on the majority of the world's business sectors. As a result of the complete lockdown and movement restrictions, the leading players in the global clinical perinatal software market faced a number of challenges. Disruptions throughout the value chain and restrictions on employee movement hampered market growth even further. Most consumers preferred online consultations to face-to-face interactions with doctors because of the risk of contracting the virus. However, the market is expected to grow at a healthy rate as vaccination rates rise and restrictions are relaxed.
Asia-Pacific Clinical Perinatal Software Market Scope
The clinical perinatal software market is segmented on the basis of type, deployment models, applications and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Integrated software
- Standalone software
- Fetal Monitoring
- Workflow Management
- Patient Documentation
- EMR Workflow Management
- Speciality/ Maternity Clinics
Asia-Pacific Clinical Perinatal Software Market Regional Analysis/Insights
The clinical perinatal software market is analysed and market size insights and trends are provided by country, type, deployment models, applications and end user as referenced above.
The countries covered in the clinical perinatal software market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC)
North America dominates the clinical perinatal software market because of the presence of well-developed healthcare infrastructure and favourable reimbursement policies in the region.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2023 to 2030 owing to the growing incidence of cancer such as bladder, esophagus, liver, pancreas, and others, high presence of major manufacturers across the U.S. Furthermore, technological advancements and rising foreign investment.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed base and New Technology Penetration
The clinical perinatal software market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for clinical perinatal software market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the clinical perinatal software market. The data is available for historic period 2011-2021.
Competitive Landscape and Asia-Pacific Clinical Perinatal Software Market Share Analysis
The clinical perinatal software market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to clinical perinatal software market.
Some of the major players operating in the clinical perinatal software market are:
- Koninklijke Philips N.V. (Netherlands)
- General Electric (U.S.)
- Cerner Corporation (U.S.)
- Medical Information Technology, Inc. (U.S.)
- Meridian Health Informaticsm (Australia)
- K2 Medical Systems Ltd (U.K.)
- Epic Systems Corporation (U.S.)
- EdanUSA (China)