The fetal and neonatal equipment market has substantial opportunity across the globe. In most of the developing countries fetal and neonatal mortality rates remains unacceptably high and most of these deaths are related to events that occur around delivery and labor. Most of these deaths can be prevented if the basic elements of emergency neonatal care were available. Availability of key personnel such as physicians, midwives, and nurses with proper training and utilization of fetal and neonatal equipment’s plays a vital role as these drive the performance indicators of many medical procedures.
According to research study estimates, the developing countries have the highest burden of fetal and neonatal deaths. According to WHO, it was estimated that about 2.5 million infant deaths were recorded in 2017, where almost half of these deaths could have been avoided with proper healthcare access and availability of devices in neonatal intensive care units. The market is majorly driven by increase in hospital acquired infections (HAI) among newborns.
According to CDC, infant mortality rate in the US was 5.8 death per 1,000 live births leading to over 22,000 infant deaths in 2017. The factors such as increase in preterm and low-weight birth infants have led to growing awareness of neonatal and fetal care which is expected to drive the market during the forecast period. Many organizations and government initiatives have committed to improve birth outcomes to reduce infant mortality across the globe. Further, the advancement in fetal and neonatal care equipment is expected to boost the market growth.
According to Infoholic Research, the “Global Fetal and Neonatal Equipment Market” is expected to grow at a CAGR between 6.0%** and 8.0%** during the forecast period 2019–2025. This report provides detailed study and revenue opportunity of fetal and neonatal equipment’s across various segments such as fetal care equipment and neonatal care equipment. The market is segmented into fetal care equipment (ultrasound devices, fetal dopplers, fetal MRI systems, fetal monitors, and fetal pulse oximeter) and neonatal care equipment (infant warmers, incubators [convertible warmers & incubators], phototherapy equipment, respiratory devices, and neonatal monitoring devices).
It also provides market information across various regions including North America, Europe, Asia Pacific, and Rest of the World.
The study offers a comprehensive analysis of the “Global Fetal and Neonatal Equipment Market”, providing key insights of the industry. This report covers in-depth insights, revenue, and competitive analysis regarding the global fetal and neonatal equipment market and the various drivers, restraints, and opportunities in the market during the forecast period.
Also, the report aims to provide an opportunity for market players to understand the current market scenarios, government initiatives, and technologies related to the market. In addition, it helps the venture capitalists in understanding the companies better and take informed decisions.
The market players included in the report are Atom Medical Corporation, Drägerwerk AG & Co. KGaA, BD, GE Healthcare, Philips Healthcare, Medtronic plc, Masimo, Natus Medical Incorporated, Phoenix Medical Systems (P) Ltd., Spacelabs Healthcare, Analogic Corporation, Fisher & Paykel Healthcare Limited, Welch Allyn, and Nonin.