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Neonatal Monitoring Equipment Market : Quantitative Market Analysis, Current and Future Trends, 2018 – 2028
Neonatal Monitoring Equipment
Advancements in monitoring technologies and their growing deployments in NICUs is a key factor enabling faster & easier measurement of myriad physiological parameters in neonates. Current neonatal monitors incorporate several features including ECG recordings, oxygen saturation over time, respiratory rate & air flow, and invasive arterial blood pressure.
Value-based healthcare models have led the development of NICU centers that are well equipped with monitoring & diagnostic devices, coupled with rising number of FDA approvals for these devices. Additionally, gradually increasing awareness on excessive sensory stimuli, discomfort, and procedural pain has been driving the demand for non-obtrusive neonatal monitoring technologies. Demand for neonatal brain monitoring equipment featuring video recording devices will also gain high traction in the near future.
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Neonatal Monitoring Equipment: Requirement for Monitoring Complications in Premature Neonates Continues to Drive Sales
Premature birth has prevailed as the major cause of infants’ mortality, which in turn has urged the World Health Organization in devising and implementing a plan of action regarding determination of its adverse health effects on newborn babies. According to WHO, nearly 3.1% of the global disease burden is accounted by premature birth, and this has resulted into approximately 1.3 million newborn mortality cases worldwide. Rate of preterm delivery varies considerably in different countries across the globe, and the WHO relates its prevalence based on high-income nations (9.3%), middle-income nations (11.3%), and low-income nations (11.8%).
Premature neonates suffer from complications prior to their complete development in the womb. Therefore, monitoring medical problems in cases of premature birth is highly essential to eliminate the possibility of various disabilities such as hearing impairment, visual challenges, and dyslexia. With growing instances of premature births, demand for neonatal monitoring equipment will increase in the upcoming years.
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Predictive Monitoring Gains Ground in Neonatal Monitoring
Several parameters and data points are gathered and centrally managed during NICU admissions, which comprise physiological parameters, sensor readings, device data, and interventions and observations of caregivers. High data volume generated in NICUs are leveraged for predictive monitoring that involves physiological data analysis for identifying infants at high risk, thereby enabling early detection of ailments.
Researchers have developed an ECG for continuous analysis of transient decelerations and low heart rate variability for computing heart rate characteristics index (HeRO). This developments aids in early detection of sepsis in newborn babies. Attempts have also been made for using parameters in the detecting apneas of premature infants. Although challenges persist in predictive monitoring and proper training is required for relevant caregivers, this approach has potential for treating life-threatening ailments earlier, thereby improving outcomes in neonatal care.
Pulse Oximetry Perceives High Traction by Providing Safety Net for Neonates in NICUs
Pulse oximetry, a prominent patient monitoring technology, is providing safety for infants and newborns in NICUs, while new advancements in home monitoring enable data transmission of neonates’ vital data to smartphones. The Centers for Disease Control and Prevention (CDC) has slated screening newborns by using pulse oximeters to be beneficial & effective in identifying numerous life-threating conditions. In current-world healthcare facilities, effective patient monitoring technology is highly bound to effective respiratory care.
When it comes to monitoring newborn babies, particularly in NICUs, extra care & safety is essential, which is often delivered through pulse oximetry. The non-invasive nature of pulse oximetry has made it ideal for application in newborns. Several hospitals have been employing pulse oximeters as the standard of care in their NICUs. For example, the NICU at Pennsylvania-based Reading Hospital utilizes Philips Healthcare’s IntelliVue Monitors, and Covidien’s Nellcor pulse oximeters to ensure positive outcomes for newborn babies.
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Table of Contents Covered in the report are:
1. Executive Summary
1.1. Highlighting Action Area – Wheel of Fortune
1.2. Opportunity Analysis
2. Global Neonatal Monitoring Equipment Market Overview
2.1. Introduction
2.2. Market Definition
2.3. Market Taxonomy and Segments Captured
3. Global Neonatal Monitoring Equipment Market Outlook
3.1. Market Size (US$ Mn) & Volume (Units) and Forecast, 2013-2028
3.2. Market Y-o-Y Growth
3.3. Forecast Factors
4. Global Neonatal Monitoring Equipment Market Dynamics
4.1. Drivers
4.2. Restraints
4.3. Opportunities
4.4. Trends
5. Pricing and Supply Chain Analysis
6. Actionable Insights and Analysis
6.1. Porter’s Five Forces Analysis
6.2. Scenario Forecast
6.3. PEST Analysis
6.4. Global Neonatal Mortality Rate Since 2000
6.5. Neonatal Mortality Rates By Region 2016
6.6. Major Reasons Behind Neonatal Deaths
6.7. Grades of Neonatal Care
7. Global Neonatal Monitoring Equipment Market Analysis and Forecast By Type, 2013-2028
7.1. Analysis and Forecast By Product Type
7.1.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Region
7.1.2. Market Share Comparison, By Region
7.1.3. Y-o-Y growth Comparison, By Region
7.2. Analysis and Forecast By End User
7.2.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Region
7.2.2. Market Share Comparison, By Region
7.2.3. Y-o-Y growth Comparison, By Region
7.3. Analysis and Forecast By Modality
7.3.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Region
7.3.2. Market Share Comparison, By Region
7.3.3. Y-o-Y growth Comparison, By Region
8. North America Neonatal Monitoring Equipment Market Analysis, 2013-2028
8.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Country
8.1.1. U.S. Market Size & Forecast Value (US$ Mn) & Volume (Units)
8.1.2. Canada Market Size & Forecast Value (US$ Mn) & Volume (Units)
8.2. Revenue (US$ Mn) & Volume (Units), By Product Type
8.3. Revenue (US$ Mn) & Volume (Units), By End User
8.4. Revenue (US$ Mn) & Volume (Units), By Modality
9. Latin America Neonatal Monitoring Equipment Market Analysis, 2013-2028
9.1. Revenue (US$ Mn) & Volume (Units), By Country
9.1.1. Brazil Market Size & Forecast Value (US$ Mn) & Volume (Units)
9.1.2. Mexico Market Size & Forecast Value (US$ Mn) & Volume (Units)
9.1.3. Rest of Latin America Market Size & Forecast Value (US$ Mn) & Volume (Units)
9.2. Revenue (US$ Mn) & Volume (Units), By Product Type
9.3. Revenue (US$ Mn) & Volume (Units), By End User
9.4. Revenue (US$ Mn) & Volume (Units), By Modality
10. Europe Neonatal Monitoring Equipment Market Size and Forecast, 2013-2028
10.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Country
10.1.1. Germany Market Size and Forecast Value (US$ Mn) & Volume (Units)
10.1.2. UK Market Size and Forecast Value (US$ Mn) & Volume (Units)
10.1.3. France Market Size and Forecast Value (US$ Mn) & Volume (Units)
10.1.4. Spain Market Size and Forecast Value (US$ Mn) & Volume (Units)
10.1.5. Italy Market Size and Forecast Value (US$ Mn) & Volume (Units)
10.1.6. Rest Of Europe Market Size and Forecast Value (US$ Mn) & Volume (Units)
10.2. Revenue (US$ Mn) & Volume (Units) Comparison, By Product Type
10.3. Revenue (US$ Mn) & Volume (Units) Comparison, By End User
10.4. Revenue (US$ Mn) & Volume (Units) Comparison, By Modality
And Continue...
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