Press release
Global Neonatal (Preterm) Infant Care Market Opportunities, Trends and Business Strategies With Influencing Key Players - BD, GE, CooperSurgical, Medtronic, Fisher & Paykel Healthcare, FUJIFILM Holdings America Corporation, Getinge, Nonin Medical, Inc
The newborns, which are birth prematurely, are known as Neonatal. In such cases, babies require special assistance and monitoring due to critical medical conditions. In order to ensure the proper care and treatment for healthy development, the infants are kept in special wards, referred as neonatal care unit. Neonatal equipment comprises devices and equipment used in a neonatal intensive care unit (NICU), pediatric intensive care unit (PICU), for neonatal care such as respiratory assistance, monitoring, thermoregulation, and others.Neonatal (Preterm) Infant Care Market survey provides key information about the industry, including very helpful and important facts and figures, expert opinions, and the latest developments across the globe. This enables the buyer of the report to gain a telescopic view of the competitive landscape and plan the strategies accordingly. Several other factors such as import, export, gross margin, price, cost, and consumption are also analyzed under the section Analysis of Neonatal (Preterm) Infant Care production, supply, sales and market status.
The Global Neonatal (Preterm) Infant Care Market accounted to USD 3,145.2 million by the end of 2024 growing at a CAGR of 8.5% By 2024.
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Top players of Global Neonatal (Preterm) Infant Care Market are
BD, GE, CooperSurgical, Medtronic, Fisher & Paykel Healthcare, FUJIFILM Holdings America Corporation, Getinge, Nonin Medical, Inc., BabyBloom Healthcare BV, Nonin Medical, Inc., MTTS Asia, Fanem and others.
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Market Segments
On the grounds of geography the market covers the 6 major regions, namely
• North America,
• Latin America,
• Europe,
• Asia-Pacific,
• Middle East and Africa
By Neonatal Equipment,
• Infant Warmers & Incubators,
• Phototherapy Equipment,
• Neonatal Monitoring Devices
• Respiratory Assistance & Monitoring Devices
On the basis of Product the market is categorized in
• Thermoregulation devices,
• Monitoring Systems,
• Hearing Screening Devices and
• Vision Screening Equipment
By End User the market is classified in
• Hospitals,
• Pediatric and Neonatal Clinics
• Nursing Homes
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Major countries covered in this report are
• U.S.,
• Canada,
• Germany,
• France,
• U.K.,
• Netherlands,
• Switzerland,
• Turkey,
Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others
Competitive Analysis:
The Global Neonatal (Preterm) Infant Care Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this MARKET. The report includes market shares of Global Neonatal (Preterm) Infant Care Marketfor global, Europe, North America, Asia Pacific and South America.
Market Drivers and Restraints:
• Increase in the incidence of premature birth.
• Increasing awareness of prenatal and neonatal care
• Increased demand for prenatal therapeutics, diagnostics, and monitoring devices
• Government co-operation to provide better care for prenatal and neonatal infants
• Advanced techniques.
• Launch of innovative products are some of the drivers for market.
• Lack of technical personnel and availability of substitute technologies.
• High price devices and ventilators, with lack of product differentiation are the factors that hamperthe growth rate.
• Rise in demand of fetal MRI, technological innovations and the high demand for portable and versatile systems are the opportunities for the future market.
• Lack of awareness and economic constraints in developing countries and product recalls are the challenge for the market.
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