Neonatal Transilluminators Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Neonatal transilluminators devices are designed to assists clinician for easy identification of veins in the neonates. The device is featured with LED lights and are small devices and portable. The light shows cool effects and are strong enough to illuminate the hardest to find veins without the risk of burning the baby.
The neonatal transilluminators market is anticipated to grow significantly in the coming years, owing to the key factors such as rise in the diseases in the neonates at the time of birth, rise in in the cases of premature deliveries and the rise in the infectious diseases in different regions. The market players have various opportunities to develop different features in the product and thus owing to these factors the market is likely to propel in the coming future.
The “Global Neonatal Transilluminators Market Analysis to 2031” is a specialized and in-depth study of the medical device industry with a focus on the global market trend. The report aims to provide an overview of global neonatal transilluminators market with detailed market segmentation by product, end user, and geography. The global neonatal transilluminators market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The global neonatal transilluminators market is segmented on the basis of product, and end user. On the basis of product, the market is segmented into hand-able, monitor-able and accessories. On the basis of the end user the segment is classified as hospitals, clinics and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global neonatal transilluminators market based on product, and end user. It also provides market size and forecast till 2031 for overall neonatal transilluminators market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 counties globally along with current trend and opportunities prevailing in the region.
North America dominates the largest share for the neonatal transilluminators market with followed by the European region as the birth rate in the country are rising, the increase in the government policies such as health insurance, reimbursement plans are leading to improvement of the medical devices in the regions. Furthermore, the Asia Pacific is the fastest growing region due to the rise in the population leading to the rise in the birth rate. In addition, the defects in the neonates are observed by birth and also the conditions are also leading to the rise in the diseases in infants.
The neonatal transilluminators market report analyzes factors affecting neonatal transilluminators market from both demand and supply side and further evaluates market dynamics effecting the market during the 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 effecting the market in these regions.
The neonatal transilluminators market report also includes the profiles of neonatal transilluminators manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the neonatal transilluminators market are Venoscope, Avihealthcare, InfraEyes, Fisher Scientific, McArthur Medical Sales Inc, Nice Neotech Medical Systems Pvt. Ltd., Sylvan Fiberoptics, Merck KGaA, Neotech Products, and Translite LLC.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Table of Contents
1. INTRODUCTION
1.1. SCOPE OF STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
2. KEY TAKEAWAYS
3. NEONATAL TRANSILLUMINATORS MARKET LANDSCAPE
3.1. MARKET OVERVIEW
3.2. MARKET SEGMENTATION
3.2.1. Neonatal Transilluminators Market – By Product
3.2.2. Neonatal Transilluminators Market – By End User
3.2.3. Neonatal Transilluminators Market – By Region
3.2.3.1. By Countries
3.3. PEST ANALYSIS
3.3.1. North America – PEST Analysis
3.3.2. Europe – PEST Analysis
3.3.3. Asia Pacific – PEST Analysis
3.3.4. Middle East and Africa – PEST Analysis
3.3.5. South and Central America – PEST Analysis
4. NEONATAL TRANSILLUMINATORS MARKET – KEY INDUSTRY DYNAMICS
4.1. KEY MARKET DRIVERS
4.2. KEY MARKET RESTRAINTS
4.3. KEY MARKET OPPORTUNITIES
4.4. FUTURE TRENDS
4.5. IMPACT ANALYSIS
5. NEONATAL TRANSILLUMINATORS MARKET ANALYSIS- GLOBAL
5.1. GLOBAL NEONATAL TRANSILLUMINATORS MARKET OVERVIEW
5.2. GLOBAL NEONATAL TRANSILLUMINATORS MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
5.3. MARKET POSITIONING/MARKET SHARE
5.4. PERFORMANCE OF KEY PLAYERS
5.5. EXPERT OPINIONS
6. NEONATAL TRANSILLUMINATORS MARKET –GLOBAL REGULATORY SCENARIO
6.1. OVERVIEW
6.2. NORTH AMERICA
6.3. EUROPE
6.4. ASIA PACIFIC
6.5. MIDDLE EAST & AFRICA
6.6. SOUTH AND CENTRAL AMERICA
7. NEONATAL TRANSILLUMINATORS MARKET REVENUE AND FORECASTS TO 2028 – PRODUCT (US$ MN)
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. HANDE-ABLE MARKET
7.3.1. Overview
7.3.2. Hand-able Market Revenue Forecasts and Analysis (US$ Mn)
7.4. MONITOR-ABLE MARKET
7.4.1. Overview
7.4.2. Monitor-able Market Revenue Forecasts and Analysis (US$ Mn)
7.5. ACCESSORIES MARKET
7.5.1. Overview
7.5.2. Accessories Market Revenue Forecasts and Analysis (US$ Mn)
8. NEONATAL TRANSILLUMINATORS MARKET REVENUE AND FORECASTS TO 2028 – END USER (US$ MN)
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. HOSPITALS MARKET
8.3.1. Overview
8.3.2. Hospitals Market Revenue Forecasts and Analysis (US$ Mn)
8.4. CLINICS MARKET
8.4.1. Overview
8.4.2. Clinics Market Revenue Forecasts and Analysis (US$ Mn)
8.5. OTHER MARKET
8.5.1. Overview
8.5.2. Other Market Revenue Forecasts and Analysis (US$ Mn)
9. NORTH AMERICA NEONATAL TRANSILLUMINATORS MARKET REVENUE AND FORECASTS TO 2028 – COUNTRY ANALYSIS
9.1. NORTH AMERICA NEONATAL TRANSILLUMINATORS MARKET OVERVIEW
9.2. NORTH AMERICA NEONATAL TRANSILLUMINATORS MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
9.3. NORTH AMERICA NEONATAL TRANSILLUMINATORS MARKET REVENUE FORECASTS AND ANALYSIS – BY PRODUCT (US$ MN)
9.4. NORTH AMERICA MARKET FORECASTS AND ANALYSIS – BY END USER
9.5. NORTH AMERICA MARKET FORECASTS AND ANALYSIS – BY COUNTRY
9.6. US MARKET OVERVIEW
9.6.1. US Neonatal Transilluminators Market Revenue Forecasts and Analysis-By Product (US$ Mn)
9.6.2. US Neonatal Transilluminators Market Revenue Forecasts and Analysis-By End User (US$ Mn)
9.7. CANADA MARKET OVERVIEW
9.7.1. Canada Neonatal Transilluminators Market Revenue Forecasts and Analysis-By Product (US$ Mn)
9.7.2. Canada Neonatal Transilluminators Market Revenue Forecasts and Analysis-By End User (US$ Mn)
9.8. MEXICO MARKET OVERVIEW
9.8.1. Mexico Neonatal Transilluminators Market Revenue Forecasts and Analysis-By Product (US$ Mn)
9.8.2. Mexico Neonatal Transilluminators Market Revenue Forecasts and Analysis-By End User (US$ Mn)
10. EUROPE NEONATAL TRANSILLUMINATORS MARKET REVENUE AND FORECASTS TO 2028 – COUNTRY ANALYSIS
10.1. EUROPE NEONATAL TRANSILLUMINATORS MARKET OVERVIEW
10.2. EUROPE NEONATAL TRANSILLUMINATORS MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
10.3. EUROPE NEONATAL TRANSILLUMINATORS MARKET REVENUE FORECASTS AND ANALYSIS – BY PRODUCT (US$ MN)
10.4. EUROPE MARKET FORECASTS AND ANALYSIS – BY END USER
10.5. EUROPE MARKET FORECASTS AND ANALYSIS – BY COUNTRY
10.6. UK MARKET OVERVIEW
10.6.1. UK Neonatal Transilluminators Market Revenue Forecasts and Analysis-By Product (US$ Mn)
10.6.2. UK Neonatal Transilluminators Market Revenue Forecasts and Analysis-By End User (US$ Mn)
10.7. GERMANY MARKET OVERVIEW
10.7.1. Germany Neonatal Transilluminators Market Revenue Forecasts and Analysis-By Product (US$ Mn)
10.7.2. Germany Neonatal Transilluminators Market Revenue Forecasts and Analysis-By End User (US$ Mn)
10.8. FRANCE MARKET OVERVIEW
10.8.1. France Neonatal Transilluminators Market Revenue Forecasts and Analysis-By Product (US$ Mn)
10.8.2. France Neonatal Transilluminators Market Revenue Forecasts and Analysis-By End User (US$ Mn)
11. ASIA PACIFIC NEONATAL TRANSILLUMINATORS MARKET REVENUE AND FORECASTS TO 2028 – COUNTRY ANALYSIS
11.1. ASIA PACIFIC NEONATAL TRANSILLUMINATORS MARKET OVERVIEW
11.2. ASIA PACIFIC NEONATAL TRANSILLUMINATORS MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
11.3. ASIA PACIFIC NEONATAL TRANSILLUMINATORS MARKET REVENUE FORECASTS AND ANALYSIS – BY PRODUCT (US$ MN)
11.4. ASIA PACIFIC MARKET FORECASTS AND ANALYSIS – BY END USER
11.5. ASIA PACIFIC MARKET FORECASTS AND ANALYSIS – BY COUNTRY
11.6. JAPAN MARKET OVERVIEW
11.6.1. Japan Neonatal Transilluminators Market Revenue Forecasts and Analysis-By Product (US$ Mn)
11.6.2. Japan Neonatal Transilluminators Market Revenue Forecasts and Analysis-By End User (US$ Mn)
11.7. CHINA MARKET OVERVIEW
11.7.1. China Neonatal Transilluminators Market Revenue Forecasts and Analysis-By Product (US$ Mn)
11.7.2. China Neonatal Transilluminators Market Revenue Forecasts and Analysis-By End User (US$ Mn)
11.8. INDIA MARKET OVERVIEW
11.8.1. India Neonatal Transilluminators Market Revenue Forecasts and Analysis-By Product (US$ Mn)
11.8.2. India Neonatal Transilluminators Market Revenue Forecasts and Analysis-By End User (US$ Mn)
12. MIDDLE EAST AND AFRICA (MEA) NEONATAL TRANSILLUMINATORS MARKET REVENUE AND FORECASTS TO 2028 – COUNTRY ANALYSIS
12.1. MIDDLE EAST & AFRICA (MEA) NEONATAL TRANSILLUMINATORS MARKET OVERVIEW
12.2. MIDDLE EAST & AFRICA (MEA) NEONATAL TRANSILLUMINATORS MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
12.3. MIDDLE EAST & AFRICA (MEA) NEONATAL TRANSILLUMINATORS MARKET REVENUE FORECASTS AND ANALYSIS – BY PRODUCT (US$ MN)
12.4. MIDDLE EAST & AFRICA (MEA) MARKET FORECASTS AND ANALYSIS – BY END USER
12.5. MIDDLE EAST & AFRICA (MEA) MARKET FORECASTS AND ANALYSIS – BY COUNTRY
12.6. SOUTH AFRICA MARKET OVERVIEW
12.6.1. South Africa Neonatal Transilluminators Market Revenue Forecasts and Analysis-By Product (US$ Mn)
12.6.2. South Africa Neonatal Transilluminators Market Revenue Forecasts and Analysis-By End User (US$ Mn)
12.7. SAUDI ARABIA MARKET OVERVIEW
12.7.1. Saudi Arabia Neonatal Transilluminators Market Revenue Forecasts and Analysis-By Product (US$ Mn)
12.7.2. Saudi Arabia Neonatal Transilluminators Market Revenue Forecasts and Analysis-By End User (US$ Mn)
12.8. UAE MARKET OVERVIEW
12.8.1. UAE Neonatal Transilluminators Market Revenue Forecasts and Analysis-By Product (US$ Mn)
12.8.2. UAE Neonatal Transilluminators Market Revenue Forecasts and Analysis-By End User (US$ Mn)
13. SOUTH AND CENTRAL AMERICA NEONATAL TRANSILLUMINATORS MARKET REVENUE AND FORECASTS TO 2028 – COUNTRY ANALYSIS
13.1. SOUTH AND CENTRAL AMERICA NEONATAL TRANSILLUMINATORS MARKET OVERVIEW
13.2. SOUTH AND CENTRAL AMERICA NEONATAL TRANSILLUMINATORS MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
13.3. SOUTH AND CENTRAL AMERICA NEONATAL TRANSILLUMINATORS MARKET REVENUE FORECASTS AND ANALYSIS – BY PRODUCT (US$ MN)
13.4. SOUTH AND CENTRAL AMERICA MARKET FORECASTS AND ANALYSIS – BY END USER
13.5. SOUTH AND CENTRAL AMERICA MARKET FORECASTS AND ANALYSIS – BY COUNTRY
13.6. BRAZIL MARKET OVERVIEW
13.6.1. Brazil Neonatal Transilluminators Market Revenue Forecasts and Analysis-By Product (US$ Mn)
13.6.2. Brazil Neonatal Transilluminators Market Revenue Forecasts and Analysis-By End User (US$ Mn)
14. INDUSTRY LANDSCAPE
14.1. ORGANIC GROWTH STRATEGIES
14.1.1. New Product Launches
14.1.2. Marketing & Promotional Activities
14.2. INORGANIC GROWTH STRATEGIES
14.2.1. Partnerships, Collaborations, and Joint Ventures
14.2.2. Mergers & Acquisitions
15. NEONATAL TRANSILLUMINATORS MARKET, KEY COMPANY PROFILES
15.1. VENOSCOPE
15.1.1. Key Facts
15.1.2. Business Description
15.1.3. Financial Overview
15.1.4. Product Portfolio
15.1.5. Product Pipeline
15.1.6. SWOT Analysis
15.1.7. Key Developments
15.2. AVIHEALTHCARE
15.2.1. Key Facts
15.2.2. Business Description
15.2.3. Financial Overview
15.2.4. Product Portfolio
15.2.5. Product Pipeline
15.2.6. SWOT Analysis
15.2.7. Key Developments
15.3. INFRAEYES
15.3.1. Key Facts
15.3.2. Business Description
15.3.3. Financial Overview
15.3.4. Product Portfolio
15.3.5. Product Pipeline
15.3.6. SWOT Analysis
15.3.7. Key Developments
15.4. FISHER SCIENTIFIC
15.4.1. Key Facts
15.4.2. Business Description
15.4.3. Financial Overview
15.4.4. Product Portfolio
15.4.5. Product Pipeline
15.4.6. SWOT Analysis
15.4.7. Key Developments
15.5. MCARTHUR MEDICAL SALES INC
15.5.1. Key Facts
15.5.2. Business Description
15.5.3. Financial Overview
15.5.4. Product Portfolio
15.5.5. Product Pipeline
15.5.6. SWOT Analysis
15.5.7. Key Developments
15.6. NICE NEOTECH MEDICAL SYSTEMS PVT. LTD.
15.6.1. Key Facts
15.6.2. Business Description
15.6.3. Financial Overview
15.6.4. Product Portfolio
15.6.5. Product Pipeline
15.6.6. SWOT Analysis
15.6.7. Key Developments
15.7. SYLVAN FIBEROPTICS
15.7.1. Key Facts
15.7.2. Business Description
15.7.3. Financial Overview
15.7.4. Product Portfolio
15.7.5. Product Pipeline
15.7.6. SWOT Analysis
15.7.7. Key Developments
15.8. MERCK KGAA
15.8.1. Key Facts
15.8.2. Business Description
15.8.3. Financial Overview
15.8.4. Product Portfolio
15.8.5. Product Pipeline
15.8.6. SWOT Analysis
15.8.7. Key Developments
15.9. NEOTECH PRODUCTS
15.9.1. Key Facts
15.9.2. Business Description
15.9.3. Financial Overview
15.9.4. Product Portfolio
15.9.5. Product Pipeline
15.9.6. SWOT Analysis
15.9.7. Key Developments
15.10. TRANSLITE LLC.
15.10.1. Key Facts
15.10.2. Business Description
15.10.3. Financial Overview
15.10.4. Product Portfolio
15.10.5. Product Pipeline
15.10.6. SWOT Analysis
15.10.7. Key Developments
16. APPENDIX
16.1. ABOUT THE INSIGHT PARTNERS
16.2. GLOSSARY OF TERMS
16.3. RESEARCH METHODOLOGY
- Venoscope
- Avihealthcare
- InfraEyes
- Fisher Scientific
- McArthur Medical Sales Inc
- Nice Neotech Medical Systems Pvt. Ltd.
- Sylvan Fiberoptics
- Merck KGaA
- Neotech Products
- Translite LLC.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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