The Neonatal Infant Care Equipment Market was valued at USD 1.9 billion in 2021 and is projected to grow at an impressive CAGR of 6.5% above the forecast period.
Market Overview
The research firm Contrive Datum Insights has just recently added to its database a report with the heading global Neonatal Infant Care Equipment Market .Both primary and secondary research methodologies have been utilised in order to conduct an analysis of the worldwide Neonatal Infant Care Equipment Market . In order to provide a comprehensive comprehension of the topic at hand, it has been summed up using appropriate and accurate market insights. According to Contrive Datum Insights, this worldwide comprehensive report is broken up into several categories in order to present the data in a way that is understandable, succinct, and presented in a professional manner.Neonatal care equipment is used to take care of fragile newborns by keeping them warm, tracking their growth, treating jaundice, and giving them oxygen or breathing support. Several pieces of equipment are used to keep an eye on newborns, such as electric heaters, neonatal ventilators, continuous positive airway pressure devices, blood pressure monitors, ECG monitors, pulse oximeters, carbon dioxide monitors, and comprehensive monitors.
Contrive Datum Insights has recently added the Neonatal Infant Care Equipment Market to its huge database, which helps businesses shape their futures by making well-informed business decisions. It gives a detailed analysis of many business topics, such as global market trends, recent technological advances, market size, market shares, and new ideas. Also, this analytical data has been put together using data exploration techniques, such as primary and secondary research. Also, an expert team of researchers sheds light on both static and changing parts of the global Neonatal Infant Care Equipment market.
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Segment Analysis
It encompasses the most important key players in the world’s various regions and contains them. In this research report, several different techniques that high-level industries have utilised to achieve their goals are discussed. In order to obtain a more in-depth analysis of a number of different businesses, player profiles of the most important top players have been developed. It is beneficial to have an understanding of the worldwide competition on both the domestic and international platforms.It provides a detailed description of the drivers and opportunities in the Neonatal Infant Care Equipment Market , which assists current customers and potential customers in gaining a clear vision and making decisions that are most effective for them. In order to discover the desired facts regarding the target market, various types of analysis models, such as Neonatal Infant Care Equipment Market , are utilised. In addition to this, it includes a variety of different techniques for strategic planning, which encourages the way to define and develop the framework of the various industries.In terms of type, the respiratory equipment segment led the market with a share of 29.7% in 2022. The growth of the segment is caused by a rise in respiratory problems that require admission to the NICU and the release of new products. For example, in September 2018, Koninklijke Philips N.V. released the Augmented Infant Resuscitator (AIR) to help resuscitate asphyxiated newborn babies. The product is made by Philips and the Consortium for Affordable Medical Technologies (CAMTech) in Massachusetts.
Also, infants who are having trouble breathing are given ambu-bag support or oxygen therapy while being transported to a NICU facility. This does not meet the clinical needs of infants and often leads to the death of the patient. So, in April 2019, Coeo Labs worked with doctors from the Consortium of Affordable Medical Technologies (CAMTech) in the U.S. and Uganda to make a portable CPAP system for babies. The portable CPAP is meant to help neonates with Respiratory Distress Syndrome (RDS) breathe while they are being moved.
Based on types, the Neonatal Infant Care Equipment Market is segmented into:
Product:
- Thermoregulation Devices
- Radiant Warmers
- Neonatal Incubators
- Neonatal Cooling Systems
- Phototherapy Equipment
- LED Phototherapy Unit
- CFL Phototherapy Unit
- Phototherapy Eye Mask
- Monitoring Systems
- Neonatal Ventilation
- Brain Monitoring
- Blood Gas Monitoring System
- Hearing Screening
- Vision Screening
End User:
- Hospitals
- Pediatric and Neonatal Clinics
- Nursing Homes
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Recent Development
- In 2018, GE Healthcare (UK) released Versana Essential
- In 2018, Philips released the Avalon beltless solution for continuous monitoring of the mother and child.
- In 2017, the US FDA gave Philips approval for its new eL18-4 transducer. This newest solution is available for
- its EPIQ 7 and 5 and Affiniti 70 ultrasound systems
- In 2016, Dragerwerk AG & Co. KGaA closed its plant in Pittsburgh and opened a new office in Houston.
Regional Analysis
In 2022, North America had 39.3% of the market. This was because there was a huge demand for technologically advanced products that made it easier to give better care to newborns. The value-based healthcare model has led to the development of well-equipped NICU centers and an increase in the number of FDA approvals for newborn care devices. Also, the launch and approval of advanced, next-generation devices in the U.S. and Canada are likely to boost the market.
Regional Neonatal Infant Care Equipment Market coverage (Regional Status, Demand Forecast, Country Trends, etc.):
- North America, Europe, China, Japan, Southeast Asia, India.
- North America (USA, Canada, and Mexico).
- Europe (Germany, France, UK, Russia and, Italy).
Asia-Pacific (China, Japan, Korea, India and, Southeast Asia).
Key segments covered in Neonatal Infant Care Equipment Market include:
- Neonatal Infant Care Equipment Market Growth Drivers and Barriers.
- Market Trends, Market Opportunities, Porter’s Five Forces Analysis.
- Market Overview, Industry Development, Market Maturity, Value Chain Analysis.
- Regional and Country Level Analysis.
- Trends and Forecasts for Market Segments.
- Market Analysis and Various Recommendations.
- Key market forces.
Report Customization: This report will be customized to your needs for additional data up to 5 companies or 5 countries or nearly 40 analyst hours.
https://www.contrivedatuminsights.com/product-report/neonatal-infant-care-equipment-market-10646
Key Market Participants in the Neonatal Infant Care Equipment Market :
GE Healthcare, Koninklijke Philips, Medtronic,
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