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Global Fetal and Neonatal Critical Care Equipment Market Analysis Report Promising Industry Bright Future A Report By Atom Medical Corporation, BD, Drägerwerk AG & Co. KGaA, General Electric Company
Global Fetal and Neonatal Critical Care Equipment market report is in-depth study on how the status is for the industry. This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It also includes profiles of leading companies and brands that are driving the market with their recent developments, product launches, joint ventures, merges, and accusations.The global Fetal and Neonatal Critical Care Equipment market report also gives a deep knowledge about market definition, classifications, applications, engagements and market trends while also showing the CAGR figures for the Forecast years 2018-2025. SOWT analysis is used to find the market drivers and restrains.
Global Fetal and Neonatal Critical Care Equipment Market is expected to rise from its initial estimated value of USD 6.59 billion to an estimated value of USD 10.54 billion by 2026, registering a CAGR of 6.05% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing awareness and concerns regarding the health of infants.
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Global Fetal and Neonatal Critical Care Equipment Market, By Fetal Care Equipment Type (Ultrasound Devices, Fetal Dopplers, Fetal MRI Systems, Fetal Monitors, Fetal Pulse Oximeters), Neonatal Care Equipment Type (Infant Warmers, Incubators, Convertible Warmers & Incubators, Phototherapy Equipment, Respiratory Devices, Neonatal Monitoring Devices, Diagnostic Imaging Devices), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026
Market Definition: Global Fetal and Neonatal Critical Care Equipment Market
Fetal and neonatal critical care equipment can be defined as a type of medical devices category through which the physicians and doctors can continuously monitor and care for the infant children. These devices are even used to feed the babies medicine, fluids or even draw blood, check the blood pressure, treat a number of diseases and continuously monitor the status and health of the baby.
According to World Health Organization, there were an estimated 2.5 million deaths of infants in 2017, almost more than half of these deaths could have been avoided with the availability of proper medical equipment and devices for healthcare procedures. This significant number is expected to act as a
driver to the market growth.
Market Drivers:
• Increasing number of pre-term births taking place globally which requires increased concern and focus on the infants born boosting the growth of the market
• Increased number of children deaths and healthcare associated infections in infants is also expected to act as a driver to the market growth
Market Restraints:
• High amount of costing of these equipment is expected to act as a restraint to the market growth
• Adoption & preference of refurbished medical equipment and devices in the developing regions is also expected to restrain the market growth
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Key Market Competitors: Global Fetal and Neonatal Critical Care Equipment Market
Few of the major competitors currently working in the fetal and neonatal critical care equipment
market are Atom Medical Corporation, BD, Drägerwerk AG & Co. KGaA, General Electric Company, Koninklijke Philips N.V., Masimo, Medtronic, Natus Medical Incorporated, Phoenix Medical Systems (P) Ltd., Fisher & Paykel Healthcare Limited, Incereb Ltd, Utah Medical Products Inc., Spacelabs Healthcare, Analogic Corporation, Welch Allyn, and Nonin.
Key Developments in the Market:
• In September 2018, Koninklijke Philips N.V. announced that they had received a CE mark for its Avalon beltless system which is used for continuous fetal & maternal monitoring.
• In March 2018, Incereb Ltd announced that they received an investment of 50 thousand euros, which is expected to expand the markets serviced and provide solutions and services to the United States as well.
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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