Global Neonatal (Preterm) Infant Care Market – Industry Trends and Forecast to 2024

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Global Neonatal (Preterm) Infant Care Market
Industry Trends and Forecast to 2024
Global Neonatal (Preterm) Infant Care Market
accounted to USD 3,145.2 million by the end of
2024 growing at a CAGR of 8.5 during the
forecast period of 2017 to 2024.  The newborns,
which are birth prematurely, are known as
Neonatal. In such cases, babies require special
assistance and monitoring due to critical medical
conditions. In order to ensure the proper care
and treatment for healthy development, the
infants are kept in special wards, referred as
neonatal care unit. Neonatal equipment comprises
devices and equipment used in a neonatal
intensive care unit (NICU), pediatric intensive
care unit (PICU), for neonatal care such as
respiratory assistance, monitoring,
thermoregulation, and others.
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Major Market Drivers and Restraints

• Increase in the incidence of premature birth.
• Increasing awareness of prenatal and neonatal
  care
• Increased demand for prenatal therapeutics,
  diagnostics, and monitoring devices
• Government co-operation to provide better care
  for prenatal and neonatal infants
• Advanced techniques.
• Lack of technical personnel and availability of
  substitute technologies.
• High price devices and ventilators, with lack of
  product differentiation are the factors that
  hamper the growth rate.
• Rise in demand of fetal MRI, technological
  innovations and the high demand for portable and
  versatile systems are the opportunities for the
  future market.

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Market Segmentation

• By Product (Thermoregulation devices, monitoring
  systems, Hearing Screening Devices and Vision
  Screening Equipment)
• By Prenatal and Fetal Equipment (Ultrasound and
  Ultrasonography Devices, Fetal Doppler's, Fetal
  Magnetic Resonance Imaging (MRI), Fetal Monitors)
• By Neonatal Equipment (Infant Warmers
  Incubators, Phototherapy Equipment, Neonatal
  Monitoring Devices and Respiratory Assistance
  Monitoring Devices)
• By End User (Hospitals, Pediatric and Neonatal
  Clinics, Nursing Homes)

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Regional Analysis

• By geography the market is segmented into 5
  geographical regions,
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa.

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Major Key Players

• Major players in the Global Neonatal (Preterm)
  Infant Care Market are
• Getinge AB
• Nonin Medical, Inc.
• General Electric Company
• Koninklijke Philips N.V.
• Drägerwerk AG Co. KGaA
• Natus Medical Incorporated
• PLUSS Advanced Technologies
• BabyBloom Healthcare

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