Press release
Fetal and Neonatal Care Equipment Market Astonishing Growth with Top Influencing Key Players like Atom Medical Corporation, Becton, Dickinson and Company
Latest research on Fetal and Neonatal Care Equipment Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2021 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the Fetal and Neonatal Care Equipment market. this report included a special section on the Impact of COVID19. Also, Fetal and Neonatal Care Equipment Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment’s outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the Fetal and Neonatal Care Equipment industry.Fetal and Neonatal Care Equipment Market is growing at a CAGR of 7.5% during the forecast period (2021-2026).
The Fetal and Neonatal Care Equipment market is highly competitive and consists of a number of major players. Top Companies like Atom Medical Corporation, Becton, Dickinson and Company, Dragerwerk AG & Co. KGaA, GE Healthcare, Koninklijke Philips NV, Masimo, Medtronic PLC, Natus Medical Incorporated, Phoenix Medical Systems (P) Ltd, Vyaire Medical
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Regional Analysis:
Furthermore, to broaden the understanding, researchers have studied the global Fetal and Neonatal Care Equipment market from a geographical point of view, considering the potential regions and countries. The regional analysis will assist the market players in making sound decisions regarding their future investments.
Fetal and Neonatal Care Equipment Market report includes the following geographic areas such as North America, Europe, China, Japan, Southeast Asia, India and ROW.
Scope of the Report
The rise in preterm and low-weight births is one of the major factors for the growth of the fetal and neonatal care equipment market. With the rising number of births, a large number of complications are associated with preterm births, leading to neonatal deaths. In the United States, as per the Centers for Disease Control and Prevention (CDC), preterm births affected about one out of every 10 infants born, in 2016. Moreover, incidence of diseases among new borns have also increased. These factors have increased the demand for fetal and neonatal care equipment in the market.
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Key Market Trends
Neonatal Care Equipment is Expected to Hold a Significant Market Share
Neonatal monitoring instruments and equipment are used in the neonatal intensive care unit (NICU), emergency room, and operating theatre at all levels of hospitals for continuous monitoring of the neonates and infants. The demand for this equipment has increased to increase in preterm births, even in developed.
Preterm born babies are more prone to infections and diseases and require more care. According to a 2018 report by the Centers for Disease Control and Prevention, During 2014-2016, the preterm birth rate rose 3% in the United States, from 9.57% in 2014 to 9.63% in 2015 to 9.85% in 2016. As these babies require more care, an increase in preterm birth is expected to drive the market growth.
North America Dominates the Market and is also Expected to do so during the Forecast Period
North America is expected to dominate the fetal and neonatal care equipment market, due to the presence of well-established healthcare facilities and the rise in the demand for advanced healthcare systems. In the United States, the value-based healthcare model has led to the development of highly specialized NICU centers, with the rise in the number of devices from the US FDA.
Asia-Pacific is also expected to grow at the highest rate during the forecast period, owing to factors, such as increasing healthcare expenditures, high patient pool, and rising private hospitals and diagnostic centers in this region.
What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: Fetal and Neonatal Care Equipment Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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