DUBLIN--(BUSINESS WIRE)--The "Fetal and Neonatal Care Equipment Market - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The global fetal and neonatal care equipment market is projected to reach USD 8.4 billion by 2023 from USD 6.4 billion in 2018, at a CAGR of 5.7% during the forecast period.
Factors such as rise in number of preterm and low-weights birth infants, growing number of NICU admissions, and increased awareness of neonatal and fetal care across developing nations are expected to propel the growth of this market.
However, high price of advanced neonatal care equipment are expected to restrain the growth of the fetal and neonatal care equipment market in the forecast period.
Several companies such as GE Healthcare (U.K.), Philips Healthcare (Netherlands), Drgerwerk AG & Co. KGaA (Germany), Medtronic plc (Ireland), and Masimo Corporation (U.S.) are investing in high-growth markets to gain significant profits and increase their share in the global fetal and neonatal care equipment market.
Key Highlights
- Ultrasound segment to dominate the fetal care equipment market in 2018
- Respiratory devices to register the highest CAGR during 2018-2023 in neonatal segment
- The fetal and neonatal care equipment market in the APAC is projected to witness the highest growth rate during the forecast period
Market Dynamics
Drivers
- Rising Number of Preterm and Low-Weight Births
- Public-Private Initiatives to Strengthen Patient Care
- Increasing Incidence of HAIs Among Newborns
- Changing Clinical Risks for Congenital and Obstetric Complications
- Rising Number of Neonatal Care Facilities Worldwide
Restraints
- Premium Pricing of Advanced Neonatal Care Equipment
- Growing Preference for Refurbished Devices Across Emerging Countries
Opportunities
- Development of Integrated and Multifunctional Neonatal Care Equipment
- Emerging Markets
Topics Covered
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Fetal (Labor & Delivery) Care Equipment Market, By Type
7 Neonatal Care Equipment Market, By Product
8 Fetal and Neonatal Care Equipment Market, By Region
9 Competitive Landscape
10 Competitive Landscape
- Arjo
- Cardinal Health
- Edan Instruments Inc.
- Toitu Co. Ltd.
- Utah Medical Products Inc.
- Vyaire Medical Inc.
- Atom Medical Corporation
- Draegerwerk AG & Co. KGaA
- Fisher & Paykel Healthcare Limited
- GE Healthcare (A Division of General Electric Company)
- Masimo Corporation
- Medtronic PLC
- Natus Medical Incorporated
- Philips Healthcare (A Division of Koninklijke Philips N.V.)
- Phoenix Medical Systems Pvt. Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/xn4vhj/global_outlook_on?w=4
