Neonatal Infant Care Equipment Market

The rising awareness regarding neonatal infant care among developing regions  and other major driving factors is expected to favor the rise in the global neonatal infant care equipment market


Reports and Insights has published a new report titled, “Neonatal Infant Care Equipment Market: Opportunity Analysis and Future Assessment 2020-2028

Global Neonatal Infant Care Equipment Market, By Product (Neonatal Care Equipment, Infant Warmers, Neonatal Incubators, Convertible Warmers & Incubators, Neonatal Phototherapy Equipment (LED Phototherapy System, CFL Phototherapy System)), Respiratory Care Devices (Neonatal Ventilators, Continuous Positive Airway Pressure (CPAP) Devices, Oxygen Analyzers and Monitors, Resuscitators, Others), Neonatal Monitoring Devices (Blood Pressure Monitors, Cardiac Monitors, Pulse Oximeters, Capnography), Integrated Monitoring Devices, Neonatal Diagnostic Imaging Devices), By End Users (Hospitals, Pediatric and Neonatal Clinics, Clinics, Others) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2020 and 2028.

The global neonatal infant care equipment market in 2020 is estimated for more than US$ xx Bn and expected to reach a value of US$ xx Bn by 2028 with a significant CAGR of xx%.

Neonatal care can be perceived as the kind of care a baby born premature or sick is specifically offered in a neonatal unit. Neonatal units are one of the departments of hospitals which offer care for babies who are born prematurely, which means before 37 weeks’ gestation, with a medical status which requires treatment, or at a low birth weight. The term ‘neonatal’ refers to a newborn, or the initial 28 days of life. For instance, over 100,000 infants are born sick or premature and require neonatal care in the United Kingdom every year. That is one in seven infants, or about 300 babies each day.

Babies generally expend nine months developing inside their mother’s wombs. Throughout this time, their organs evolve and develop, and their bodies train to endure on their own in the outside world. When infants are born prematurely, their bodies may not be prepared. Their skin, heart, stomachs, and lungs are likely to require assistance and support to survive.

A neonatologist offers the specialized attention and care these newborns require. Equipment such as respiratory assistance & monitoring devices, infant warmers & incubators, neonatal monitoring devices and phototherapy equipment are employed in offering intensive care and monitoring the baby.

One of the primary factors that is majorly driving the demand of neonatal infant care equipment all across the markets is an increase in the number of low-weights and preterm birth infants all across the world. With the same token, greater awareness of fetal and neonatal care across emerging economies is further estimated to contribute positively to the neonatal infant care equipment market growth over the following years. Having said that, the reduced birth rates across few regions, worldwide, as well as heavy costs of neonatal care equipment are likely to slow down the market growth in the forthcoming years.

Nevertheless, numerous initiatives commenced by private and public organizations to promote neonatal infant care are further projected to offer major breakthroughs to the growth of the global neonatal infant care equipment market in the coming years.

Reports and Insights Study identifies some of the key participating players in the neonatal infant care equipment market globally are Drägerwerk AG & Co. KGaA, Atom Medical Corp, Fisher & Paykel Healthcare Limited, GE Healthcare, Ibis Medical, Medtronic, International Biomedical, Koninklijke Philips N.V., Natus Medical Incorporated and Phoenix Medical Systems Pvt Ltd. among others.

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