Global Neonatal Ventilation and Nasal CPAP Market- Regional analysis
On the basis of region, the global neonatal ventilation and nasal CPAP market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. In North America, according to journal published by US National Library of Medicine in 2019, 12% of babies born in the U.S. were born prematurely–a higher rate than in other developed countries and Neonatal Respiratory Disease Syndrome (NRDS) accounted for 2.3% of all infant deaths in the U.S. in 2013. Product launches in the region are supporting growth of the market. For instance, in 2019, ResMed (US) launched AirFit N30i, its first top-of-head-connected nasal CPAP mask, across the U.S. Moreover, in 2018, Vyaire Medical acquired Acutronic and IMTmedical. Both the new acquisitions are based in Europe, with Acutronic split between Switzerland and Germany and IMTmedical based solely in Switzerland and Chicago. Key players in this region are Acutronic Medical Systems AG, Löwenstein Medical GmbH & Co. KG Niederlassung.
Moreover product launches in the Asia Pacific region are supporting growth of the market. For instance, in 2019, InnAccel Technologies Pvt Ltd. (India) launched SAANS: portable neonatal CPAP device for infants with respiratory distress syndrome. These factors are expected to support growth of the market over the forecast period.
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