Global Neonatal Care Equipment and Fetal (Labor & Delivery) Market was valued at around USD 6.2 billion by 2018 and is anticipated to witness a steep rise by generating an estimated revenue of US$ XXXX over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of XX.XX% during the forecast period, i.e. 2017-2025.

Global Neonatal Care Equipment and Fetal (Labor & Delivery) Market Growth Opportunities (Revenue, Growth) By 2017-2025

Neonatal care equipments and fetal are devices or equipments taken into account by hospitals and dispensaries to care for babies when they are newly borne and less adaptive to the environment and atmosphere. These equipments play major roles in taking care of the baby and its health until it develops an understanding with the atmosphere outside.

Market Dynamics

In 2018, the neonatal care equipment and fetal market was valued at around USD 6.2 billion, and is expected to grow at a CAGR of 4.9% over the forecast period. One of the primary reasons for the growth of neonatal care equipment and fetal market is the rising number of births across the globe, that has generated the demand for efficient child care equipment and technology. Rise in number of pre-mature births and infection of newly borne babies has escalated the demand for advanced neonatal care equipments which in return is boosting the growth of neonatal care equipment and fetal market. Increased focus and research on advanced neonatal care equipments is also aiding for the growth of neonatal care equipment and fetal market. Furthermore, rising awareness among patients and increasing disposable income of people is leading to the demand of technologically sound and modified neonatal care equipments that is rooting up for the growth of neonatal care equipment and fetal market and is expected to do so during the forecast period. However, high cost of equipments hence high fees charged from patients, which is not affordable by lower or lower-middle class population in some developing countries can hinder the growth of neonatal care equipment and fetal market over the forecast period.

Segment Analysis 

Among equipments, incubator are expected to be the fastest growing segment and hold the major market share in the global neonatal care equipment and fetal market, due to its increased demand. Development and introduction of various advanced incubators such as MRI-compatible incubators and others in the market is boosting the growth of the segment. Incubators being one of the crucial means of life support to a newly born child, as they hold a specific environment inside, have immense scope to grow in demand over the forecast period.

Regional Analysis

North America, followed by Europe is expected to be leading the global neonatal care equipment and fetal market over the forecast period, owing to higher incidence of pre-mature baby births in the region. Availability of advanced medical care facility, coupled with availability of NICU centers that are well-equipped is expected to boost the growth of the market in North America.

Presence of reputed market players in the region that are manufacturing advanced neonatal care equipments and investing a lot in development of novel neonatal equipments is also aiding to the growth of the region in neonatal care equipment and fetal market.

Global Neonatal Care Equipment and Fetal (Labor & Delivery) Market Size, Share Analysis By Region 2017

Asia Pacific is expected to be the fastest growing region in the global neonatal care equipment and fetal market, due to increasing industrialization and growth in hospitals and home care industries of the region. Middle East and Africa market gaining attraction of the investment for the companies for more scope in the regions and expected to rise healthy growth over the forecast period

Key Players

Major players performing in neonatal care equipment and fetal market include Philips Healthcare, Medtronic Plc., GE Healthcare, Masimo Corporation and Dragerwerk AG & Co. KGaA.

Neonatal Care Equipment and Fetal (Labor & Delivery) Market: Secondary Research

To recognize and collect authentic and market-oriented information crucial for the research study, several secondary sources have been approached and referred. Press releases, white papers, companies annual reports, investor presentations, and articles present on trustworthy websites, databases, and certified publications are some of the significant secondary research sources that have been used to prepare the report. The data collected as secondary data have been obtained from various reliable journals and associations such as Smart Ticketing Alliance, Association of Professional Social Compliance Auditors, General Service Administration, Department of Transportation, and Association for Intelligent Transport Systems to reach to the market numbers or size. The data obtained through secondary sources has been validated through primary research.

Neonatal Care Equipment and Fetal (Labor & Delivery) Market: Primary Research

For conducting primary research, several primary sources of the demand as well as supply sides have been approached and interviewed for obtaining quantitative and qualitative information crucial for the report. Vice Presidents, CEOs, technology directors, Product Managers, Marketing Directors and other executives of giant market players and organizations operating in neonatal care equipment and fetal (Labor & Delivery) market are included as primary sources of the supply side.

After performing comprehensive engineering of neonatal care equipment and fetal (Labor & Delivery) market (which includes market size estimations, calculations regarding market statistics, market forecasting, data triangulation, and market breakdown), detailed and vast primary research has been carried out to collect information along with verifying and validating the significant and critical market numbers arrived at.

Global Neonatal Care Equipment and Fetal (Labor & Delivery) Market Study Report Offer You!

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