NEONATAL THERMOREGULATION DEVICES MARKET ANALYSIS
Neonatal Thermoregulation Devices Market- Regional Analysis
On the basis of region, the global neonatal thermoregulation devices market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
Geographically, North America is projected to gain major share in the neonatal thermoregulation devices market, owing to increasing incidences of preterm birth. For instance, in March 2017, according to Dimes survey, 1 in 10 babies was born preterm in the U.S.
Asia Pacific is expected to hold the significant market share in neonatal thermoregulation devices market, owing to developing neonatal healthcare facility in this region. Also, the multinational companies are primarily targeting the Asian markets for developing neonatal care devices owing to lower manufacturing cost in this region. For instance, in 2013, Koninklijke Philips N.V. entered the mother and childcare business segment, where it manufactures infant warms and incubators at affordable prices as compared to other market players in India.
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