Neonatal Infant Care Equipment Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Neonatal care is the type of care provided to an infant in a neonatal unit where assistance or monitoring is required due to several medical conditions such as premature birth (i.e., before 37 weeks of pregnancy), sickness or low birth weight. Neonatal care equipment's are complex medical machines and devices for the specific needs of babies. It comprises equipment used in a neonatal intensive care unit (NICU), pediatric intensive care unit (PICU), or outside to ensure proper care of newly born infants along with a specialized team of medical professionals.

MARKET DYNAMICS

The global neonatal infant care equipment market driver comprises of the increasing prevalence of hypothermia preterm births, the rising prevalence of neonatal jaundice, and increasing neonatal hospital-acquired infections. Growing investments by regional governments and leading manufacturers in several developing countries are the factors that propel the market growth. Additionally, enhanced healthcare facilities in developed economies and rapid advancements in technology are also expected to boost the growth of the market. The rapid spread of COVID-19 has significantly impacted the market as newborns are at increased risk of COVID-19 infection due to underdeveloped immune systems. Hence, government organizations have established specific regulations and standards for testing and efficient diagnostic procedures for new-borns, leading to rising demand for equipment for neonatal care during pandemic across the globe. However, poor accessibility towards neonatal care in low- income countries, and high prices of products may hinder the growth of the global neonatal infant care equipment market over the forecast period.

MARKET SCOPE

The "Neonatal Infant Care Equipment Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of neonatal infant care equipment market with detailed market segmentation by type and application. The neonatal infant care equipment market are expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in neonatal infant care equipment market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The neonatal infant care equipment market are segmented on the basis of type and application. On the basis of type, the market is segmented as thermoregulation devices, phototherapy devices, monitoring systems, hearing screening, and vision screening. On the basis of application, the market is segmented as hospitals, pediatric & neonatal clinics, and nursing homes.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the neonatal infant care equipment market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The neonatal infant care equipment market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting neonatal infant care equipment market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the neonatal infant care equipment market in these regions.

MARKET PLAYERS

The report covers key developments in the neonatal infant care equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from neonatal infant care equipment market are anticipated to have lucrative growth opportunities in the future with the rising demand for neonatal infant care equipment in the global market. Below mentioned is the list of few companies engaged in the neonatal infant care equipment market.

The report also includes the profiles of key players in neonatal infant care equipment market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•  GE Healthcare
  
•  Becton; Dickinson and Company
  
•  The Draeger Group
  
•  Natus Medical Incorporated
  
•  Masimo Corporation
  
•  Weyer GmbH
  
•  Koninklijke Philips N.V.
  
•  Fisher & Paykel Healthcare Limited
  
•  BabyBloom Healthcare BV
  
•  Medical Technology Transfer and Services Asia (MTTS Asia)
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.

Neonatal Infant Care Equipment Report Scope