Neonatal Intensive Care Market to reach US$ 8 Billion by 2024

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Neonatal Intensive Care Market is expected to reach over US$ 8 Billion landmark by the end of 2024. Most of the developed countries has neonatal intensive care unit in their hospitals or clinics or at the primary healthcare centers (PHC). Asian, Latin American and African countries governments are trying to build up NICU unit in their hospitals as they have faces high preterm mortality rate with respect to developed countries. Driving forces for neonatal intensive care market are rising number of preterm birth and technological advancement whereas lack of healthcare infrastructure and medical devices regulatory approval are hiding this market growth.
Neonatal intensive care unit is developed and specialized by medical staff that has infant care experience and neonatal medical devices to care for premature and sick newborn babies. Prematurity, respiratory distress syndrome, sepsis or infection, hypoglycemia, perinatal depression and maternal chorioamnionitis are some of the reasons for which new born baby can be admitted in the NICU.

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Renub Research report titled “Neonatal Intensive Care Market Global Forecast by Products (Incubators, Ventilators, Resuscitators, Blood Pressure Monitor, Pulse Oximeter, Capnographs, Phototherapy Equipment), Region (North America, Europe, Asia Pacific, Africa, ROW), Companies (Philips, Becton, Dickinson and Company (BD), C. R. Bard, Teleflex Incorporated, Utah Medical)” studies the global neonatal intensive care market and provides an all-encompassing analysis of the key growth drivers and challenges, market trends, key players and their projections for the future.

By Products - Market Segmentation
Global neonatal intensive care market has been segmented by products as incubators, ventilators, resuscitators, blood pressure monitor, pulse oximeter, capnographs and phototherapy equipment. Pulse oximeter is mainly used for monitoring oxygen saturation whereas capnographs is useful for monitoring of the concentration or partial pressure of carbon dioxide in the respiratory gases.

By Region - Market Segmentation
Neonatal intensive care market by region has been segmented into North America, Europe, Asia-Pacific, Africa and Rest of the World. Europe and Asia Pacific have the highest growth rate in this market place. In the African regions, neonatal intensive care market is not growing despite there is lack of healthcare Infrastructure, shortage of trained staff and lack of neonatal care awareness.

All companies in this report has been covered with following view points
1. Company Overview
2. Company Strategy
3. Sales

Key Players

Some of the key players in the global neonatal intensive care market include Philips, Becton, Dickinson and Company (BD), C. R. Bard, Teleflex Incorporated, Utah Medical.

The report have been analyzed from 5 major viewpoints
1. Products
2. Regions
3. Company
4. Growth drivers
5. Challenges

Segmentation based on Products
• Incubators
• Ventilators
• Resuscitators
• Blood Pressure Monitor
• Pulse Oximeter
• Capnographs
• Phototherapy Equipment
• Others

Segmentation based on Region
• North America
• Europe
• Asia-Pacific
• Africa
• Rest of the World

Companies Analysis
• Philips
• Becton, Dickinson and Company (BD)
• C. R. Bard
• Teleflex Incorporated
• Utah Medical

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