Neonatal and Fetal Care Equipment: Instances of Pre-term Births and Birth Defects Propel Employment
The global neonatal and fetal care equipment market is projected to reach an approximate value of USD 10.5 billion by 2028, growing at a CAGR of 5.7%. Birth defects and infant mortality instances growing aggressively are shaping lucrative growth prospects in global neonatal and fetal care market in forthcoming years, predicts Adroit Market Research in a new research compilation included recently in its humongous data base.
Adding further the report states that with escalated number of childbirths globally and need for advanced fetal care to support healthy births, adoption of neonatal and fetal care equipment is demonstrating steady rise.
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Aligning with international protocols to support safe pregnancies and eliminate further complications, neonatal and fetal care practices are demonstrating massive advances to prevent childbirth related births amongst women.
The report also suggests that soaring numbers of low birth weight amongst babies as instances of pre mature births are significantly shaping growth journey of fetal and neonatal care equipment market. Essentially neonatal and fetal care equipment comprise of devices and tools that are employed to deliver high end care, diagnostic support and subsequent therapeutic excellence for new born babies and fetus.
Neonatal and fetal care devices are highly integral to carry out gynecology and obstetrics procedures in a routine manner. Some of the common health conditions that are managed by neonatal and fetal care equipment include ultrasound devices, fetal MRI and dopplers, incubators as well as phototherapy and respiratory devices.
As compared to pediatric infection rates, neonatal infections demonstrate higher numbers which clearly explains large scale dependence of neonatal and fetal care equipment in present times. It is also suggested that premature babies stand higher chances of infections and therefore natal care procedures are employed extensively.
Under current conditions when COVID-19 instances are on a rampant rise, hospitals and care units are increasingly employing adequate measures for pediatric and neo natal care, thus boosting growth in neonatal and fetal care equipment market.
Major players operating in the global neonatal and fetal care equipment market include GE Healthcare, Atom Medical Corporation, Dragerwerk AG & Co. KGaA, Koninklijke Philips N.V., Masimo Corporation, Fisher & Paykel Healthcare Limited, Medtronic plc, Natus Medical Incorporated, Phoenix Medical Systems Private Ltd., and Vyaire Medical among others.
Key Segments of the Global Neonatal and Fetal Care Equipment Market
Product Type Overview, 2018-2028 (USD Million)
- Fetal Care Equipment
- Ultrasound Devices
- Fetal Monitors
- Fetal Pulse Oximeters
- Fetal MRI Systems
- Neonatal Care Equipment
- Infant Warmers
- Respiratory Devices
- Phototherapy Devices
- Convertible Warmers & Incubators
- Neonatal Monitoring Devices
End-users Overview, 2018-2028 (USD Million)
- Diagnostic Centers
Regional Overview, 2018-2028 (USD Million)
- North America
- United Kingdom
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
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