Newborn babies who need intensive medical care are often put in a special area of the hospital called the neonatal intensive care unit (NICU). The NICU has advanced technology and trained healthcare professionals to provide special care for the tiniest patients. NICUs also care for babies who are not as sick but do need specialized nursing care. Some hospitals don’t have the staff for a NICU and babies must be moved to another hospital. Babies who need intensive care do better if they are born in a hospital with a NICU than if they are moved after birth.Increasing investment in the neonatal infant care equipment is expected to offer lucrative growth opportunities for players in the market. The high prevalence of neonatal jaundice, an increasing number of preterm births, and the introduction of new products for use in the Neonatal Intensive Care Units (NICU).
Market Dynamics
The key market players are focusing on adoption of growth strategies such as product launches, and this is expected to drive the global neonatal infant care equipment market growth. For instance, in May 2020, Dragerwerk AG & Co. KGaA, a is manufacturing breathing and protection equipment, gas detection and analysis systems and noninvasive patient monitoring technologies in Germany, launched the Evita V600 and V800 intensive care ventilator Evita is intended for the ventilation of children, infants, and neonates. This device provides mandatory ventilation modes and ventilation modes for supporting spontaneous breathing as well as ventilation monitoring., as well as the Babylog VN600 and VN800, devices for acute care ventilation of preterm babies, and the devices were made available for purchase all over the world.
Key features of the study:
- This report provides an in-depth analysis of the global neonatal infant care equipment market and provides market size (US$ Mn) and compound annual growth rate (CAGR) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global neonatal infant care equipment market based on the following parameters– Company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include include GE Healthcare, Koninklijke Philips N.V., AngioDynamics, Medtronic plc, Drägerwerk AG & Co. KgaA, Natus Medical Incorporated, Pluss Advanced Technologies Pvt. Ltd., Weyer GmbH, Fisher & Paykel Healthcare Limited, BabyBloom Healthcare BV, Novos Medical Systems, Medical Technology Transfer and Services Asia (MTTS Asia), Inspiration Healthcare Group plc, and Fanem Ltda.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- Global neonatal infant care equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global neonatal infant care equipment market.
Detailed Segmentation:
- Global Neonatal Infant Care Equipment Market, By Product Type:
- Thermoregulation Devices
- Radiant Warmers
- Neonatal Incubators
- Neonatal Cooling Systems
- Phototherapy Equipment
- LED Phototherapy Unit
- CFL Phototherapy Unit
- Phototherapy Eye Mask
- Neonates Neonatal Monitoring Systems
- Neonatal Ventilation
- Brain Monitoring
- Blood Gas Monitoring System
- Hearing Screening
- Vision Screening
- Global Neonatal Infant Care Equipment Market, By End User:
- Hospitals
- Pediatric and Neonatal Clinics
- Nursing Homes
- Global Neonatal Infant Care Equipment Market, By Region:
- North America
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC
- Israel
- Rest of Middle East
- Africa
- South Africa
- Central Africa
- North Africa
- Company Profiles
- GE Healthcare*
- Koninklijke Philips N.V.
- AngioDynamics, Inc
- Medtronic plc
- Drägerwerk AG & Co. KgaA
- Natus Medical Incorporated
- Pluss Advanced Technologies Pvt. Ltd.
- Weyer GmbH
- Fisher & Paykel Healthcare Limited
- BabyBloom Healthcare BV
- Novos Medical Systems
- Medical Technology Transfer and Services Asia (MTTS Asia)
- Inspiration Healthcare Group plc
- Fanem Ltda.AngioDynamics, Inc.
