According to the latest report by IMARC Group, titled “Fetal and Neonatal Care Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” offers a comprehensive analysis of the industry, which comprises insights on fetal and neonatal care equipment market share. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global fetal and neonatal care equipment market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 7.12% during 2021-2026.
Fetal and neonatal care (FNC) equipment are a wide array of medical components utilized by doctors and physicians to treat, diagnose and consistently monitor the health of infants and fetuses. Some of the common FNC equipment include blood pressure monitors, pulse oximeters, X-ray, magnetic resonance imaging (MRI) devices, computerized tomography (CT) machines, respirators or mechanical ventilators, and heart or cardiorespiratory monitors. FNC equipment are used in the treatment of various ailments, such as birth trauma, hyperbilirubinemia, anemia, and idiopathic neonatal hepatitis.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Global Fetal and Neonatal Care Equipment Market:
A significant rise in the prevalence of neonatal hospital-acquired infections (HAIs) is majorly driving the global FNC equipment market toward growth. The increasing incidences and risks of obstetric and congenital complications are further fueling the demand for efficient FNC equipment. In line with this, there has been a rise in the establishment of neonatal care facilities across the globe, which is acting as another growth-inducing factor in the market. Moreover, rapid technological innovations and advancements in respiratory devices, patient monitoring, and phototherapy are contributing to the market growth. Furthermore, increasing awareness about various pre- and post-birth complications, particularly in developing nations, is creating a positive outlook for the market.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- ArjoHuntleigh
- Atom Medical Corporation
- Becton Dickinson
- Covidien
- Drägerwerk
- Fisher & Paykel
- GE Healthcare
- Masimo
- Medtronic PLC
- Natus Medical Incorporated
- Philips Healthcare
- Phoenix Medical Systems
- Smiths Medical
- Spacelabs Healthcare
- Utah Medical Products
- Vyaire Medical Inc
Fetal and Neonatal Care Equipment Market Segmentation:
Our report has categorized the market based on region, product type and end-user.
Market Breakup by Product Type:
- NICU Equipment
- Incubators
- Neonatal Monitoring Devices
- Phototherapy Equipment
- Respiratory Assistance and Monitoring Devices
- Others
- Fetal Care Equipment & Neonatal Care Equipment
- Fetal Dopplers
- Fetal MRI Devices
- Fetal Ultrasound Devices
- Fetal Pulse Oximeters
- Others
- Others
Market Breakup by End-User:
- Hospitals
- Diagnostic Centers
- Clinics
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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