The global fetal monitoring market is estimated to grow at a CAGR of 7.6% during the forecast period. The major factors contributing to the growth of the market include the significant rise in preterm births and birth rates and emerging demand for portable fetal monitoring systems. As per the data published by the World Health Organization (WHO), an estimated 15 million babies are born preterm (before 37 completed weeks of gestation), and this number is growing. Nearly 1 million children die annually due to preterm birth complications. Preterm birth is the major cause of death in children under the age of 5 years. Over 60% of these births reported in South Asia and Africa. This growing concern of preterm births resulting in the demand for fetal monitoring systems.