Clinical Perinatal Software Market Size, Share & Trends Report

Clinical Perinatal Software Market Size, Share & Trends Analysis Report By Product, By Deployment Model, By Service, By Application, By End Use, By Region, And Segment Forecasts, 2020 To 2027

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  • Report ID: GVR7095
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The global clinical perinatal software market is anticipated to witness growth over the forecast period. Steep rise in the birth rate coupled with growing number of post-date pregnancy are primary growth drivers for this market. As per the Stillbirth Center of research Excellence in 2016, 1 in every 137 women who reaches 20th week of gestation is predicted to have a still birth child in Australia. These statistics demands for an effective clinical perinatal software solution, contributing to the market growth. Moreover, rapid technological upgradation in perinatal software and increasing adoption of healthcare IT is further enhancing the adoption thereby promoting growth.

Based on the product of clinical perinatal software, the market is segmented into integrated software and standalone software. Benefits in terms of ease of use and customizability provided by these software are propelling the market growth. Moreover, rising healthcare spending and government initiatives for creating awareness among people has led to increase in the use of the software, ultimately driving the market growth. For instance, in 2016, The Centers for Disease Control and Prevention (CDC) recognized (Perinatal quality collaboratives) PQCs to improve perinatal health and provide a variety of online resources to support them.

Based on the deployment model, the clinical perinatal software market is bifurcated into on-premise and cloud based. Rising necessity to reduce healthcare expenditure and promote cost-efficient cloud based technology is fueling the market growth. In addition, offerings provided by these solutions to users such as control of stored data, handling of data, immediate maintenance and support at lesser price is further driving the market growth.

Based on the services used for clinical perinatal software market, it is classified as implementation services, support & maintenance services, training services and customization services. Increasing adoption of healthcare IT services, rising focus on providing quality of patient care through these services is anticipated to drive the market growth over the forecast period.

Based on the application, the market is segmented into labor & delivery, pregnancy and follow up. Factors such as, increasing adoption of clinical perinatal software coupled with rising birth rate demanding for an efficient clinical perinatal software information is fueling the market growth. In addition, High levels of adoption of healthcare IT services resulting in efficiency of work and ease of operations through these software is further fueling the market growth.

On the basis of end use, the market is segmented into hospitals & clinics, maternity clinics. Increasing number of healthcare facilities incorporating healthcare IT in their routine to provide improved patient care are expected to offer significant growth opportunities for market players over the forecast period.

North America held the dominant regional share owing to well established healthcare infrastructure, government initiatives, industry giants focusing on improving patient’s clinical outcome For instance, In June 2019, Huntleigh entered into a collaborative agreement with Clinical Computer Systems Inc. to offer the latter’s OBIX BeCA fetal monitor in the U.S. However, Asia Pacific is likely to experience significant growth over the forecast period due to presence of a larger patient population demanding for better healthcare, increasing birth rate, focus of market players in these countries are expected to drive the growth of the clinical perinatal software market.

The major market players include Trium Analysis Online, Cerner Corporation, PeriGen Inc., K2 Medical Systems, Koninklijke Philips NV, Huntleigh Healthcare Limited, Edan Instruments Inc., and General Electric (GE), Clinical Computer Systems. These players are involved in new product launch, strategic collaborations, and regional expansion. For instance, In June 2016, Clinical Computer Systems, Inc. declared their partnership with Medical Information Technology, Inc. to create an integration system between their MEDITECH EHR and OBIX Perinatal Data System. The integrated system provides combined information of the patients to the healthcare providers and help in the workflow management of various healthcare facilities.

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