Fetal and Neonatal Care Equipment Market Size, Share and Forecast 2020-2026
The global fetal and neonatal care equipment market is anticipated to grow at a considerable CAGR during the forecast period (2020-2026). The market growth is mainly attributed to the increase in the number of preterm and low-weight birth infants, the advancement of technology for infants and maternal along with affordability, and favourable efforts by the government to increase survival rates. According to World Health Organization (WHO), around 2.4 million children deceased within 28 days of birth in 2019.
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Moreover, there
are 7000 new-born fatalities every day. India had the highest number of new-born
fatalities in 2019, with 520,000, followed by Nigeria and Pakistan with 270,000
and 248,000 fatalities respectively. In 2019, Sub-Saharan Africa had the
highest neonatal mortality rate, with 27 fatalities out of 1,000 live births.
Such fatality rates among babies will lead to an increased demand for the fetal
and neonatal care equipment market.
Further, fetal monitoring is an important technique that elucidates the
state of a fetus in the mother’s uterus. Fetal heart rate, blood flow,
movement, and coordination of fetus, and other characteristics of a healthy
fetus can be easily understood and studied through fetal monitoring. The
Society for Maternal-Fetal Medicine (SMFM) states that the utilization of electronic
fetal heart rate monitoring is associated with a significant decrease in
neonatal morbidity and early neonatal and infant mortality.
In addition, according to the WHO, in low and middle-income countries, almost 10% of girls attain motherhood by the age of 16 years, with the highest rates in sub-Saharan Africa and south-central and south-eastern Asia. Pregnancy in adolescence could lead to complications both for mother and baby. Hence, stillbirths and death in the first week of life are 50% greater among infants born to mothers younger than 20 years than among babies born to mothers aged 20 to 29 years old. However, a rise in awareness pertaining to fetal monitoring and its importance is anticipated to drive the fetal and neonatal market growth.
·
Market
number available for – 2019-2026
·
Base
year- 2019
·
Forecast
period- 2020-2026
·
Segment
Covered- By Product
·
Regions
Covered- North America, Europe, Asia-Pacific, Rest of the World
·
Competitive
Landscape- Atom Medical Corp., BD, Drägerwerk AG & Co. KGaA, GE Healthcare,
and Koninklijke Philips N.V.
A
full Report of Fetal and Neonatal Care Equipment Market is Available
at: https://www.omrglobal.com/industry-reports/fetal-and-neonatal-care-equipment-market
Key Questions
Addressed by the Report
·
What is
the market growth rate?
·
Which
segment and region dominate the market in the base year?
·
Which
segment and region will project the fastest growth in the market?
·
How
COVID-19 impacted the market?
Ø
Recovery
Timeline
Ø
Deviation
from the pre-COVID forecast
Ø
Most
affected region and segment
·
Who is
the leader in the market?
·
How
players are addressing challenges to sustain growth?
· Where is the investment opportunity?
Global Fetal and Neonatal Care Equipment Market Report Segment
Fetal Care
Equipment
·
Fetal
Doppler Devices
·
Fetal
MRI Systems
·
Fetal
Pulse Oximeters
·
Fetal
Ultrasound Devices
·
Others
Neonatal Care
Equipment
·
Incubators
·
Neonatal
Monitoring Devices
Neonatal
Phototherapy Equipment
·
Respiratory
Care Devices
Global Fetal
and Neonatal Care Equipment Market Report Segment by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of The World
·
Latin America
·
Middle
East & Africa
Company Profiles
·
Atom
Medical Corp.
·
Becton
Dickinson and Co.
·
Drägerwerk
AG & Co. KGaA
·
F.
Hoffmann-La Roche AG
·
Fisher
& Paykel Healthcare Corp. Ltd.
·
GE
Healthcare
·
Getinge
AB
·
Koninklijke
Philips N.V.
·
Mallinckrodt
Pharmaceuticals
·
Masimo
·
Medtronic
Plc
·
Natus
Medical Inc.
·
Nonin
Medical, Inc.
·
OSI
Systems, Inc.
·
Phoenix
Medical Systems
·
Siemens
AG
·
Spacelabs
Healthcare
·
Utah
Medical Products, Inc.
·
VYAIRE
MEDICAL INC.
·
Welch
Allyn, Inc.
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