DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Fetal And Neonatal Care Equipment Market Forecast 2017-2027" report to their offering.
The global market for Fetal & Neonatal Care equipment is anticipated to grow at an approximate CAGR of 5.7% between 2017 and 2027.
The rise in fertility rate besides the increase in the birth rate and preterm birth rate and minimally invasive surgery techniques are dominant drivers for the growth of Fetal & Neonatal Care equipment market. The technological advancements that enable the demands for prenatal therapeutics, monitoring devices and diagnostics also propel the market growth. Major companies are involving R&D for development of new technologies for the treatment of infants and to boost the market. With an upsurge in the R&D, the healthcare expenditures are increasing simultaneously with an increase in the prices of healthcare products and services.
North America accounts for largest market share in the global Fetal and Neonatal care equipment market and is anticipated to dominate the market during the forecast period as well. The availability of advanced technology and high disposable income are the primary factors driving the market growth in North America. Europe Fetal and Neonatal market accounts for second largest market share and is projected to grow during the forecast period. APAC Fetal and Neonatal market is rapidly growing and is anticipated to grow at a high CAGR during the forecast period.
The dominant market players in the Fetal and Neonatal market are GE Healthcare, Getinge AB, Siemens Healthcare GMBH, Analogic Corporation, Medtronic.Inc, Philips Healthcare, and International Biomedical.
The R&D is carried out by these major companies for the contribution of transformational medical services and technologies across the globe.
- Analogic Corporation
- Atom Medical International
- Company Profiles
- Covidienplc (Medtronic.Inc)
- Criticare Technologies
- Datascope Corporation (Getinge AB)
- Drägerwerk AG & Co. Kgaa
- Fisher & Paykel Healthcare Ltd
- GE Healthcare
- Getinge AB
- International Biomedical
- Market Share Analysis
- Masimo Corporation
- Medical Research Laboratories
- Medical Systems International Corporation
- Natus Medical Incorporated
- Nonin Medical Inc.
- Philips Healthcare
- Phoenix Medical Systems Pvt. Ltd
- Radiometer America Inc.
- Roche Holding AG
- Siemens Healthcare Gmbh
- Spacelabs Healthcare
- Utah Medical Products Inc
- Welch Allyn
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