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(Medical-NewsWire.com, September 03, 2018 ) Market Overview:
In the year 2018 Global Fetal and Neonatal Care Equipment Market was valued at USD 3.25 billion. By the year 2023, it is predicted to reach USD 4.84 billion with pace of 8.27% CAGR.
Fetal and neonatal care focuses on aspects of child health and diseases from perinatal period to adolescence stage. Fetal care equipment is used for monitoring the health conditions of mother and fetus before or during pregnancy period. Besides, Neonatal care equipment is used monitor the health issues occurred in the ill or immaturely born infants. Fetal and neonatal care are classified into various equipment’s like incubators, monitoring devices and respiratory devices which are used in infant birth complications like less weight, infections and other diseases.
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Factors affecting market growth:
Increasing birth rate across the globe. (+) Growing initiatives by government and non-government organizations to provide better maternal and fetal care. (+) Rising problems during pregnancy due to high-blood pressure, diabetes and other infections. (+) Growing demand for fetal monitoring devices. (+) Advancement of technologies in infant and maternal care products. (+) Introduction of advanced Fetal and Neonatal Care devices. (+) Increasing awareness for prenatal and neonatal care among the global population. (-) High Cost Associated with Neonatal Care. (-) Lack of healthcare facilities and infrastructures in the developing countries. (-)
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Market Segmentation
The Global Fetal and Neonatal Care Equipment Market is segmented on the basis of
Product Type
Fetal Care Equipment (Fetal Dopplers, Ultrasound Devices, Fetal MRI Systems, Fetal Pulse Oximeters)
Fetal Monitors (Antepartum/External Fetal Monitors, Intrapartum/Internal Fetal Monitors)
Neonatal Care Equipment Incubators Infant Warmers (Electric Warmers, Non-Electric Warmers)
Convertible Warmers & Incubators Respiratory Devices (Neonatal Ventilators, Oxygen Analyzers and Monitors, Continuous Positive Airway Pressure (CPAP) Devices, Resuscitators)
Phototherapy Equipment (Conventional Phototherapy, Fiber-Optic Phototherapy)
Neonatal Monitoring Devices (Blood Pressure Monitors, Pulse Oximeters, Cardiac Monitors, Integrated Monitoring Devices and Capnographs)
End users
Hospitals Clinics Based on product type segment, Neonatal care equipment, Fetal monitors, and Respiratory devices holds the largest market share in the global fetal and neonatal care equipment market due to advancement of technologies, increasing use fetal monitors to monitor the heart rate of fetus and control the respiration difficulties after the birth of babies. Based on end user segment, hospitals are expected to grow at high rate in the global fetal and neonatal care equipment market during the forecast period.
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Key players:
Leading companies in the global fetal and neonatal care equipment market are GE Healthcare, Dickinson and Company, Philips Healthcare, Medtronic, Drägerwerk AG & Co. KGaA, Medtronic plc, and Masimo Corporation.
Market Data Forecast.
Abhishek Shukla
+1-888-702-9626
abhishek@marketdataforecast.com
Source: EmailWire.Com
Source: EmailWire.com
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