Neonatal Infant Care Equipment Market Size Share 2027
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Neonates or newly born infants require special assistance and/or monitoring due to medical conditions such as low birth weight and premature birth. In order to ensure proper care and healthy development, these infants are placed in a special ward and given care, which is referred to as neonatal care. Neonatal equipment comprise devices and equipment used in a neonatal intensive care unit (NICU), pediatric intensive care unit (PICU), or outside to take proper care of newly born infants.
The global neonatal infant care equipment market is estimated to account for US$ 3,330.5 Mn in terms of value by the end of 2027.
Increasing incidences of preterm births and corresponding efforts to increase their survival rates is expected to boost growth of the global neonatal infant care equipment market over the forecast period. For instance, according to March of Dimes 2019 report card, the preterm birth rate in the U.S. reached 10.02% in 2018 from 9.63% in 2015.
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Neonatal Infant Care Equipment are used for monitoring infant medical conditions such as low birth weight and premature birth. Neonatal equipment comprises of heart or cardiorespiratory monitor, blood pressure monitor, temperature probe, pulse oximeter, and others. Increasing incidences of preterm births and corresponding efforts to increase their survival rates is expected to boost growth of the global neonatal infant care equipment market over the forecast period. Furthermore, increasing number of pediatric intensive care units is also expected to assist the market growth of neonatal infant care equipment during the forecasted period.
Table of Contents
Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Drug Type
Market Snippet, By Distribution Channel
Market Snippet, By Region
Coherent Opportunity Map (COM)
Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Impact Analysis
Market Trends
Regulatory Scenario
Reimbursement Scenario
Epidemiology
PEST Analysis
Recent Product Launch
Merger and Acquisition Scenario
Top players in the market
Major players in the market are focused on launching new products to expand their product portfolio. For instance, in November 2019, GINEVRI srl, an Italy-based manufacturer of medical equipment and solutions for neonatal care, demonstrated its range of neonatal incubators and warmers at MEDICA, an annual medical technology trade fair, held in Germany.
Similarly, in November 2019, Rober, a U.K.-based manufacturer of ‘zero pressure’ technology, launched a new pediatric mattress at MEDICA 2019.
Research methodology adopted by Coherent Market Insights
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
Primary Research (Trade Surveys and Experts Interviews)
Desk Research
Proprietor Data Analytics Model
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
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