Fetal and Neonatal Care Equipment Market

Fetal and Neonatal Care Equipment Market - Overview

Fetal and neonatal care emphasizes on different aspects of child health and health issues or diseases that may occur in a child right from his perinatal stage until he reaches an adolescent stage. The rise in awareness about pregnancy complications and the need to ensure maternal-neonatal health is a significant factor boosting the sales growth of the global fetal and neonatal care equipment market during the forecast period, set between 2021 and 2031.

The fetal and neonatal care equipment market is categorized on the basis of product, end use, and regions. In terms of product, the market is bifurcated into fetal care equipment, and neonatal care equipment, each of which has further classifications. The fetal care equipment segment is sub-divided into fetal pulse oximeters, fetal monitors, fetal MRI systems, and ultrasound devices. The neonatal care equipment segment is sub-categorized into neonatal monitoring devices, respiratory devices, phototherapy equipment, convertible warmers & incubators, incubators, infant warmers, and others. Among these, the neonatal monitoring devices segment is sub-classified into integrated monitoring devices, capnographs, pulse oximeters, cardiac monitors, and blood pressure monitors. Again, the respiratory devices segment is grouped into resuscitators, oxygen analyzers and monitors, continuous positive airway pressure or CPAP devices, neonatal ventilators, and others. With respect to segmentation by end-use, the market is trifurcated into clinics, hospitals, and others.

The research report on fetal and neonatal care equipment market provides a 360-degree overview of the market and its prime growth trajectories. This includes both the negative and positive aspects such as drivers, restraints, challenges, and future growth opportunities. It also throws light on the key innovations that made positive contribution to the market in terms of revenue generation. The impact of the novel COVID19 pandemic is also discussed in the report. List of the notable players and their key contributions in the form of innovations and new product launches is also discussed in details. For more information on this report, log on to the company website.

Fetal and Neonatal Care Equipment Market - Competitive Landscape

The nature of competition for the global market is somewhat fragmented owing to the presence of many players. Leading players of the fetal and neonatal care equipment market are using strategies such as introduction of innovative products to gain an upper hand over the other competitors. Other market vendors are engaging in joint ventures and collaborative efforts to create revenue generation opportunities for this market in the coming years.

Some of the key players of the global fetal and neonatal care equipment market include:

• Masimo
• Fisher & Paykel Healthcare Limited
• Phoenix Medical Systems (P) Ltd.
• Atom Medical Corp.
• Inspiration Healthcare Group Plc.
• Natus Medical Incorporated
• Ambu A/S
• Utah Medical Products Inc.
• Vyaire
• Medtronic
• GE Healthcare
• Dragerwerk AG & Co.KGaA
• Cardinal Health
• Koninklijke Philips N.V.
• BD
• Others

Fetal and Neonatal Care Equipment Market - Growth Drivers

The increase in the of preterm and low-weight birth infants, the increasing percentage of NICU admissions, and rising awareness of neonatal and foetal care in developing countries are driving growth in the foetal and market. The growing rate of incidences for hospital-acquired infections is also adding boost to the overall sales projections of the fetal and neonatal care equipment market. Moreover, the increasing cases of preterm hypothermia that leads to infant morbidity and mortality will also help this market witness lucrative growth opportunities in the forecast period.

Fetal and Neonatal Care Equipment Market - Geographical Insights

Regionwise, the global fetal and neonatal care equipment market is widespread into the regions of Latin America, Europe, North America, and the Middle East and Africa. These regions are further categorized as per the nations bringing business. North America emerged as the largest revenue generator for the fetal and neonatal care equipment market on account of the presence of well-established medical infrastructure and facilities. This, coupled with the presence of latest innovation and well-aware people in the developed nations of the United States and Canada will further help this region continue to dominate the market in the near future.