Neonatal Care Equipment & Fetal (Labor & Delivery) Market by Product (Infant Warmers, Neonatal Incubators, Convertible Warmers & Incubators, Neonatal Monitoring Devices, Neonatal Phototherapy Equipment, Neonatal Diagnostic Imaging and Respiratory Care Devices), Type (Fetal Ultrasound Devices, Fetal MRI Systems, Fetal Monitors, Fetal Doppler Devices and Fetal Pulse Oximeters), End Users (Hospitals, Diagnostic Centers and Clinics)- Global Analysis & Forecast 2019-2030

Report ID : 207  |  Published Date : Jun 2020  |  Pages : 180  |  Region : Global  |  Report Code : MD-63





Neonatal Care Equipment & Fetal (Labor & Delivery) Market Overview and Introduction

Neonatal Intensive Care Units are units wherein premature babies needing intensive attention and care are admitted. They are equipped with machines and monitoring devices designed to take care of newborns. Neonatal care equipment involves technologies for monitoring heart rate, blood pressure, breathing & oxygen, and carbon dioxide levels of newborns. Fetal care equipment and neonatal care equipment are designed to focus on taking care of baby’s health and to ensure that they do not acquire diseases in the prenatal period.

The neonatal & fetal (labour & delivery) care equipment market is driven by higher premature birth rates, good reimbursement policies and increasing incidences of hospital-acquired infections in newborns. Moreover, lifestyle changes and the rising number of neonatal & fetal care facilities are playing a pivotal role in propelling the neonatal & fetal (labour & delivery) care equipment market. However, higher cost of the neonatal and fetal care equipment is restraining market growth to a certain extent.

The neonatal & fetal (labour & delivery) care equipment market is segmented by product, type, end-user, and region.

Neonatal Care Equipment Market By Product

Based on product, the market is segmented into infant warmers, neonatal incubators, convertible warmers & incubators, neonatal monitoring devices, neonatal phototherapy equipment, neonatal diagnostic imaging and respiratory care devices. The convertible warmers & incubators segment is expected to account for the largest market share during the forecast period owing to rising incidences of neonatal hypothermia among neonates. As hypothermia is very common among newborn babies it is anticipated to further fuel the growth of this segment.

Fetal (Labor & Delivery) Care Equipment Market By Type

Based on type, the market is segmented into fetal ultrasound devices, fetal MRI systems, fetal monitors, fetal doppler devices and fetal pulse oximeters. Fetal dopplers segment is anticipated to grow at the highest CAGR during the forecast period owing to advantages of these devices such as it allows continuous monitoring of the baby's heart rate and contractions.

Neonatal Care Equipment & Fetal (Labor & Delivery) Market By End User

Based on end-users, the market is segmented into hospitals, diagnostic centers and clinics. The hospitals segment is expected to account for the largest market share of neonatal care equipment & fetal (labor & delivery) during the forecast period. The growth can be attributed to factors such as rising awareness about neonatal care units and presence of advanced equipment to improve neonatal care.

Neonatal Care Equipment & Fetal (Labor & Delivery) Market By Region

The neonatal care equipment & fetal (labor & delivery) market can be segmented into North America, Europe, Asia Pacific, and the Rest of the World (ROW). North America dominated the neonatal care equipment & fetal (labor & delivery) market owing to good reimbursement policies, a higher premature birth rate, and growing public-private initiatives for the development of neonatal care equipment & fetal care equipment in this region.

Neonatal Care Equipment & Fetal (Labor & Delivery) Market Prominent Players

Some prominent players in the Neonatal Care Equipment & Fetal (Labor & Delivery) market include Koninklijke Philips NV, GENERAL ELECTRIC, Radiometer Medical ApS, Phoenix Medical Systems (P) Ltd., VYAIRE. EDAN, Fisher & Paykel Healthcare Limited., Masimo, Natus Medical Incorporated, and Dragerwerk AG & Co. KGaA among others.