Neonatal Infant Care Market Size, In-depth Analysis Report and Global Forecast to 2028

Market HighlightsThe global fetal and neonatal care equipment market held a market value of USD 5,103 million in 2017 and is projected to grow at a CAGR of 6.8% over the forecast period.

Technological advancements and launching new innovative devices in the fetal and neonatal care equipment market are driving the market growth.

For instance, PerkinElmer’s QSight 210 MD system launched in September 2016, utilizes tandem quadrupole analysis which provides regular robust screening along with higher sensitivity and faster scanning.Request Sample Copy:https://www.marketresearchfuture.com/sample_request/7511Regional AnalysisOn regional basis, the Americas is anticipated to dominate the global fetal and neonatal care equipment market owing to the growing R budgets by both government as well as commercial pharmaceutical and biotechnological companies and increasing adoption of advanced technologies in the region.

Europe is expected to hold the second largest position in the global fetal and neonatal care equipment market owing to the presence of strong academic & research base and availability of funding for research in the European countries.

The Middle East & Africa has the least share of the global fetal and neonatal care equipment market.

Moreover, the major market share of the region is expected to be held by the Middle East region owing to the increasing government initiatives for the healthcare sector.SegmentationThe global fetal and neonatal care equipment market has been segmented into type, product, and end user.

Growth in the fetal and Neonatal care equipment market is mainly driven by the rise in number of preterm and low-weights birth infants, growing number of NICU admissions, and increased awareness of neonatal and fetal care across developing nations.Growth in the in fetal dopplers segment can be attributed to factors such as the growing demand for digital Dopplers over conventional Dopplers and increasing launches of home-use products.

The growing popularity of and demand for fetal Doppler devices is increasing due to the procedural advantages these devices offer, such as ease of use, mobility (handheld and battery-operated products), novel features, and display functionalities.

The rising adoption of Doppler imaging (especially in first trimester of pregnancy and for the diagnosis of restricted fetal growth), growing preference for the assessment of the fetal-placental circulatory system, expansion of application horizon for fetal Doppler imaging (such as in aneuploidy screening and transfusion syndrome), and the growing availability of home-use & new smartphone-based fetal monitoring systems.Download PDF Brochure – https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=412An incubator is a closed environment where temperature, moisture, and oxygen levels can be regulated.

However, babies in incubators are less accessible as compared to warmers.

The major factor driving the growth of this segment is the rising incidence of neonatal hypothermia.

The large share of the Incubators segment can be attributed to Development of novel neonatal incubators, rising incidence of neonatal hypothermia, and increasing number of NICU admissions.

Neonatal Intensive Care Unit Equipment Market Research Report: by Product (Infant Warmers, Incubators, Respiratory Devices, Neonatal Monitoring Devices, Convertible Warmer & Incubators, Phototherapy Equipment, Catheters, Others), End User- Global Forecast Till 2023The Global Neonatal Intensive Care Unit Equipment Market is slated to exhibit a strong 5.5% CAGR over the forecast period (2018 to 2023), according to the latest research report from Market Research Future (MRFR).

The global neonatal intensive care market is mainly driven by the growing awareness about infant mortality and the growing efforts from governments to bridge the gap between supply and demand in order to reduce infant mortality.

Major players in the global neonatal intensive care market are profiled in the report in order to provide readers with a detailed view of the market, including the successful strategies used by leading players in the market.

Major drivers and restraints of the neonatal intensive care market are also described in the report in great detail, including information on the macroeconomic factors working in the background.The neonatal intensive care market is mainly driven by the increasing incidence of infant mortality.

This has led to the rapid growth of the healthcare sector in regions such as Asia Pacific, where nations with sufficient economic power to make proactive decisions in order to reduce infant mortality.

The growing population in regions such as India, China, and the rest of Southeast Asia is also a major driver for the neonatal intensive care market in the region.Neonatal Intensive Care Market Competitive Analysis:Leading players in the global neonatal intensive care market include Becton Dickinson and Company, R. Bard, Philips, Teleflex Inc., Utah Medical, Cook Medical, Medtronic, B. Braun Melsungen AG, AngioDynamics Inc., and Vygon (UK) Ltd.In September 2019, St. Peter’s Health and Bozeman Health, leading healthcare providers in Montana, announced a collaboration agreement to work on a new neonatal intensive care unit.

Market HighlightsThe global fetal and neonatal care equipment market held a market value of USD 5,103 million in 2017 and is projected to grow at a CAGR of 6.8% over the forecast period.

Technological advancements and launching new innovative devices in the fetal and neonatal care equipment market are driving the market growth.

For instance, PerkinElmer’s QSight 210 MD system launched in September 2016, utilizes tandem quadrupole analysis which provides regular robust screening along with higher sensitivity and faster scanning.Request Sample Copy:https://www.marketresearchfuture.com/sample_request/7511Regional AnalysisOn regional basis, the Americas is anticipated to dominate the global fetal and neonatal care equipment market owing to the growing R budgets by both government as well as commercial pharmaceutical and biotechnological companies and increasing adoption of advanced technologies in the region.

Europe is expected to hold the second largest position in the global fetal and neonatal care equipment market owing to the presence of strong academic & research base and availability of funding for research in the European countries.

The Middle East & Africa has the least share of the global fetal and neonatal care equipment market.

Moreover, the major market share of the region is expected to be held by the Middle East region owing to the increasing government initiatives for the healthcare sector.

Market Research Future (MRFR) proclaims that the global fetal and neonatal care equipment is predicted to garner 6.8% during the forecast period (2018-2023).

The surging number of neonatal care facilities is influencing the market growth.

Fetal and neonatal care equipment can be described as a type of medical device category with the help of which doctors and physicians can continuously care and monitor the infants.

Among these, the neonatal monitoring devices are estimated to gain prominence due to constant technological advancements and improvements in connectivity and ease-of-use in home settings.By mode of end-users, the global fetal and neonatal care equipment market has been segmented into fertility centers, hospitals & clinics, and others.

Among these, the hospitals & clinics segment is estimated to gain significant prominence in the coming years owing to the large R capabilities along with the requirement to house the most technologically advanced equipment in order to ensure better reimbursement.Fetal and Neonatal Care Equipment Market Key PlayersThe prominent players operating in the fetal and neonatal care equipment market comprises Fisher & Paykel Healthcare Limited, Toitu Co. Ltd., Phoenix Medical Systems Pvt.

Ltd., Drägerwerk AG & Co. KGaA, Masimo Corporation, Edan Instruments Inc., Arjo, Atom Medical Corporation, Philips Healthcare, Utah Medical Products Inc., Natus Medical Incorporated, Cardinal Health, Medtronic PLC, Vyaire Medical Inc., GE Healthcare, and others.Fetal and Neonatal Care Equipment Market Regional AnalysisGeographically, the fetal and neonatal care equipment market span across regions namely, Europe, Asia-Pacific, and the Middle East & Africa.Considering the global scenario, the American region is predicted to dominate the fetal and neonatal care equipment market due to the presence of prominent market players coupled with high domestic income.