The global clinical perinatal software market size was USD 256 Billion in 2022 and is expected to register a revenue CAGR of 8.5% over the forecast period, according to the latest report by Reports and Data.Demand for clinical perinatal software is being driven by several changes that are transforming the market environment. One of the primary factors driving market revenue growth is the increasing usage of electronic health records (EHRs) in healthcare organizations. As a result of the adoption of EHRs, integrated perinatal software solutions have been developed, allowing medical personnel to maintain vital signs, monitor mother and fetal health, and regulate labor and delivery. This has improved the level of care and reduced medical mistakes, which is boosting market revenue growth.
Another key trend driving market revenue growth is rising demand for cloud-based prenatal software solutions. Cloud-based solutions provide several benefits, including flexibility, scalability, and cost effectiveness. They also allow for the collection of patient data in real time, which is critical in prenatal care. Cloud-based prenatal software solutions are extremely effective in areas with limited resources, infrastructure, and technology.
Another factor driving revenue growth in the clinical perinatal software industry is the desire for predictive analytics and artificial intelligence (AI) in prenatal care. Because of predictive analytics and AI technology, healthcare providers may identify high-risk pregnancies, anticipate complications, and improve clinical outcomes. With maternal and infant mortality rates being a key source of worry for governments and healthcare organizations worldwide, these solutions will be extremely beneficial in decreasing these rates.
Additionally, the market for clinical perinatal software is anticipated to rise in revenue as a result of growing government initiatives to improve healthcare for mothers and children. To improve mother and child healthcare services, governments are investing in healthcare infrastructure, creating national healthcare programs, and promoting public-private partnerships. The industry is seeing revenue growth due to the increasing usage of perinatal software solutions in healthcare organizations.
The American College of Obstetricians and Gynecologists declares that, more than 1 million live births occur in the United States each year. This figure is projected to rise as medical technology advances.
According to a survey done by Health IT Analytics, over 85% of U.S. hospitals utilize at least one sort of clinical perinatal software system, with the majority using numerous systems for diverse activities like as charting, billing, and patient administration.
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Some Key Highlights from the Report
• The fetal monitor data services segment is predicted to generate the most revenue During the projected period. This area is critical for monitoring labor progress and fetal health.
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