Clinical Perinatal Software Market Size

Clinical Perinatal Software Market Growth Projections and Opportunities

Overview: The global market for clinical perinatal software is on a positive trajectory, expected to reach USD 294.60 million by 2023, up from USD 166.43 million in 2016. This growth represents a Compound Annual Growth Rate (CAGR) of 7.2% during the forecast period spanning from 2017 to 2023.

Role of Clinical Perinatal Software: Clinical perinatal software is designed to keep a close eye on the health of both the fetus and pregnant women. It acts as a helpful source of information, alerting healthcare providers to any potential issues that may arise during the prenatal period. The aim is to minimize complications and ensure a smoother pregnancy journey. The market is being propelled by a combination of factors, including increasing awareness, a growing birth rate, and an uptick in post-date pregnancies.

Several factors contribute to the upward trajectory of the market. The increasing global expenditure on healthcare, continuous technological advancements, and governmental support for research and development activities are key drivers fueling market growth.

However, it's essential to acknowledge challenges. The clinical perinatal software market faces hurdles such as complex user interfaces and the high cost associated with the software. These factors may pose constraints on the market's growth during the assessment period.

 To better understand the market landscape, it is segmented based on products, services, deployment models, applications, and regions. This segmentation allows for a more nuanced analysis and targeted insights into different aspects of the clinical perinatal software market.

In essence, the global clinical perinatal software market is experiencing robust growth, driven by factors like heightened awareness, increased birth rates, and support from governments. However, challenges like complex interfaces and high costs warrant attention for sustained market development.

Increasing Birth Rates and Postdate Pregnancy

Global Birth Trends: Around the world, the number of births and postdate pregnancies is on the rise. According to the Central Intelligence Agency, in 2016, the global birth rate was approximately 4.3 births per second or 256 births per minute. Notably, only 20% of deliveries happen as predicted.

Challenges in Timing: Predicting the exact timing of deliveries remains a challenge, with a significant portion of births occurring outside the expected timeframe. This unpredictability adds complexity to maternal and fetal health monitoring.