why are you getting induced? If baby looks good then let him cook for as long as he needs to. Anyway, sorry about that, here is some info on your question.
Single umbilical artery (SUA) is the most common malformation of the umbilical cord. On its own, SUA does not necessarily pose a risk to you or your child as an umbilical cord with just one artery is sufficient to support a pregnancy to term, and you are already there so that's in itself good news!
During a normal single pregnancy, the umbilical cord will contain three blood vessels: two arteries and one vein. One umbilical artery is all that is needed to handle blood flow to the placenta, so the other artery is functionally redundant.
Sometimes (between 1 and 5% ) an umbilical cord may contain only two vessels, one artery and one vein. This condition is called "Single Umbilical Artery." This is the most common umbilical malformation. The cause of this abnormality is unknown. If an ultrasound examination shows that the baby appears to have no other abnormalities, the baby is likely to be born healthy.
Some studies have suggested that as many as 25% of babies with single umbilical artery may have chromosomal or other abnormalities. Which means 75% do not.
While Single Umbilical Artery may not in itself cause other abnormalities, it can be a flag that other abnormalities once the baby is born stress free tests will be done. The most common side effect of induction is stress to the baby's heart beat which can lead to more interventions. Ask your doctor if it is ok to wait a little longer and see if you can go into labor on your own. Best you can do is relax and trust that all will be well.