Clinical Perinatal Software Market Outlook

Global Clinical Perinatal Software Market Opportunities is driven by the growing demand for advanced technological solutions to make the birthing process easier and safer, according to the latest research report from Market Research Future (MRFR). The report provides detailed data on the market’s key drivers, leading players, and major restraints over the forecast period from 2017 to 2023, using top-notch analytical processes to derive the most accurate, comprehensive data on the global clinical perinatal software market.

Clinical perinatal software is used during the birthing process as well as during the tracking and management of the pregnancy, providing clear records and documentation of the whole process. The major reason for the growing demand for clinical perinatal software services is the major boost it provides in terms of efficiency and convenience to the physicians over conventional paper-based systems. Using clinical perinatal software, medical personnel can tackle patient-specific problems with a more informed approach, leading to better results overall.

The increasing use of digital technology in the healthcare sector is a major driver for the global clinical perinatal software market, as this is paving the way for the infrastructure required to run large numbers of electronic systems in a hospital premises. Growing use of data-driven decision making is also likely to feature as a key driver for the clinical perinatal software market over the forecast period.

Clinical Perinatal Software Market Competitive Analysis:

Leading players in the global clinical perinatal software market include Trium Analysis Online, Cerner Corporation, PeriGen Inc., K2 Medical Systems, Koninklijke Philips NV, Huntleigh Healthcare Limited, Edan Instruments Inc., and General Electric.

In June 2019, Huntleigh signed an agreement with Clinical Computer Systems Inc. to sell the latter’s OBIX BeCA fetal monitor in the U.S.

Clinical Perinatal Software Market Segmentation:

The global clinical perinatal software market is segmented on the basis of product type, service type, deployment model, application, end use, and region.

By product type, the global clinical perinatal software market is segmented into integrated and standalone software programs. The integrated software segment holds a dominant 75.8% share in the global clinical perinatal software market and is likely to dominate the global market over the forecast period due to its benefits in terms of ease of use and customizability.

By service type, the market is segmented into implementation, support and maintenance, training, customization, and online resources.

By deployment model, the global clinical perinatal software market is segmented into on-premise and cloud.

By application, the global clinical perinatal software market is segmented into fetal monitor data services, patient documentation, and workflow management.

By end use, the global clinical perinatal software market is segmented into multi-specialty hospitals and clinics, and maternity clinics.

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Clinical Perinatal Software Market Regional Analysis:

The Americas segment is likely to remain the dominant regional market for clinical perinatal software over the forecast period, mainly due to the growing demand for clinical perinatal software in the U.S. and Canada, where the demand is saturated. The growing awareness about the benefits of digital healthcare assistance systems in the highly developed economies of the U.S. and Canada has resulted in a growing acceptance of digital technology in various parts of the healthcare sector, leading to a growing demand from the clinical perinatal software market. The growing government support for the adoption of advanced technological solutions in the healthcare sector in North America is also likely to be a major driver for the clinical perinatal software market over the forecast period. The Americas segment accounted for 39.2% of the global clinical perinatal software market in 2017 and is likely to retain a similar dominance through the forecast period.

Europe is also a major regional market for clinical perinatal software, due to the growing development of healthcare digital solutions in the region and their increasing acceptance into the healthcare systems. The growing support for nationalized health systems has also led to an increasing demand for digital solutions that can make the job of the doctor easier.

Asia Pacific is likely to exhibit steady growth over the forecast period. However, the market is likely to remain behind North America and Europe over the forecast period, as the latter two have enjoyed an early mover advantage in the field of healthcare technology.