Neonatal Infant Care Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The global neonatal infant care market is experiencing significant growth, with worldwide revenue reaching US$ 2.4 billion in 2024. The market is expected to reach a valuation of US$ 4 billion by the end of 2031, according to a comprehensive market analysis report by Fairfield Market Research.

Factors Driving the Growth of the Neonatal Infant Care Market

Several key factors are driving the growth of the neonatal infant care market:

Rising Awareness Levels about Neonatal Care Equipment: Increasing awareness of neonatal monitoring, support, and therapeutic care devices, particularly in low- to middle-income nations, is expected to boost market growth. Many countries with high birth rates, including African and Asian nations, are witnessing a surge in demand for modern neonatal care equipment.

Strategic Alliances for Distribution: Companies are focusing on enhancing their distribution networks through strategic alliances, particularly with children's hospitals. These partnerships strengthen regional distribution networks, enabling hospitals to access advanced neonatal care technologies.

Focus on Maternal Health: The increasing prevalence of preterm births and government healthcare initiatives, such as the India Newborn Action Plan (INAP) and the West African Health Organization (WAHO), are driving demand for thermoregulation devices like radiant warmers and neonatal incubators.

Challenges Impacting Market Growth

Despite the promising growth prospects, the neonatal infant care market faces certain challenges:

Low Birth Rates in Developed Economies: Some developed economies, including Japan, Singapore, and Germany, have exceptionally low birth rates. This low adoption of neonatal care devices in developed countries is expected to slow market growth.

Lack of Product Differentiation: The lack of significant product differentiation in the neonatal care equipment market hinders its adoption in emerging economies, where demand for new technologies is limited.

Country-wise Insights

U.S. Market: High healthcare spending in the United States, along with its status as one of the world's leading markets for neonatal infant care, contributes to robust market growth. Predictions indicate a 5.4% increase in total healthcare spending in the coming years.

UK Market: Growing government support for neonatal care in the UK, driven by the need to address preterm births, is expected to boost the market for neonatal infant care equipment. Neonatal equipment's increasing demand in the Neonatal Intensive Care Units (NICUs) is a key driver.

Japanese Market: Japan's high infant mortality rate, along with recent technological advancements and high insurance premiums, is expected to drive demand for neonatal infant care equipment.

Competitive Landscape

Manufacturers in the neonatal infant care market are focusing on strategic partnerships with hospitals and clinics to meet the needs of a growing patient population. These collaborations aim to strengthen regional distribution networks, enabling hospitals to access advanced technologies. Companies are also engaging in strategic alliances and acquisitions to expand their international sales presence.

Key Companies' Profiled

GE Healthcare
Koninklijke Philips N.V
Medtronic plc
Dragerwerk AG & Co. KGaA
NIHON KOHDEN CORPORATION
Natus Medical Incorporated
Fisher & Paykel Healthcare Limited
Masimo Corporation
Becton, Dickinson and Company
Phoenix Medical Systems (P) Ltd.
EDAN
Pluss Advanced Technologies
Natus Medical
Novos Medical Systems
Inspiration Healthcare Group
Mead Johnson & Company, LLC

Key Segments Covered in Neonatal Infant Care Industry Research

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

Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa

1. Executive Summary

1.1. Global Neonatal Infant Care Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value and Volume, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Production Output and Trade Statistics, 2018 - 2023

3.1. Global Neonatal Infant Care Market Production Output, by Region, Value (US$ Bn) and Volume (Million Units), 2018 - 2023
- 3.1.1. North America
- 3.1.2. Europe
- 3.1.3. Asia Pacific
- 3.1.4. Latin America
- 3.1.5. Middle East and Africa

4. Price Analysis, 2018 - 2023

4.1. Global Average Price Analysis, by Product, US$ Per Unit, 2018 - 2023
4.2. Prominent Factor Affecting Neonatal Infant Prices
4.3. Global Average Price Analysis, by Region, US$ Per Unit

5. Global Neonatal Infant Care Market Outlook, 2018 - 2031

5.1. Global Neonatal Infant Care Market Outlook, by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Thermoregulation Devices
    - 5.1.1.1.1. Radiant Warmers
    - 5.1.1.1.2. Neonatal Incubators
    - 5.1.1.1.3. Neonatal Cooling Systems
  - 5.1.1.2. Phototherapy Equipment
    - 5.1.1.2.1. LED Phototherapy Unit
    - 5.1.1.2.2. CFL Phototherapy Unit
    - 5.1.1.2.3. Phototherapy Eye Mask
  - 5.1.1.3. Monitoring Systems
    - 5.1.1.3.1. Neonatal Ventilation
    - 5.1.1.3.2. Brain Monitoring
    - 5.1.1.3.3. Blood Gas Monitoring System
  - 5.1.1.4. Hearing Screening
  - 5.1.1.5. Vision Screening
5.2. Global Neonatal Infant Care Market Outlook, by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Hospitals
  - 5.2.1.2. Pediatric and Neonatal Clinics
  - 5.2.1.3. Nursing Homes
5.3. Global Neonatal Infant Care Market Outlook, by Region, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. North America
  - 5.3.1.2. Europe
  - 5.3.1.3. Asia Pacific
  - 5.3.1.4. Latin America
  - 5.3.1.5. Middle East & Africa

6. North America Neonatal Infant Care Market Outlook, 2018 - 2031

6.1. North America Neonatal Infant Care Market Outlook, by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Thermoregulation Devices
    - 6.1.1.1.1. Radiant Warmers
    - 6.1.1.1.2. Neonatal Incubators
    - 6.1.1.1.3. Neonatal Cooling Systems
  - 6.1.1.2. Phototherapy Equipment
    - 6.1.1.2.1. LED Phototherapy Unit
    - 6.1.1.2.2. CFL Phototherapy Unit
    - 6.1.1.2.3. Phototherapy Eye Mask
  - 6.1.1.3. Monitoring Systems
    - 6.1.1.3.1. Neonatal Ventilation
    - 6.1.1.3.2. Brain Monitoring
    - 6.1.1.3.3. Blood Gas Monitoring System
  - 6.1.1.4. Hearing Screening
  - 6.1.1.5. Vision Screening
6.2. North America Neonatal Infant Care Market Outlook, by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Hospitals
  - 6.2.1.2. Pediatric and Neonatal Clinics
  - 6.2.1.3. Nursing Homes
6.3. North America Neonatal Infant Care Market Outlook, by Country, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. U.S. Neonatal Infant Care Market by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 6.3.1.2. U.S. Neonatal Infant Care Market by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 6.3.1.3. Canada Neonatal Infant Care Market by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 6.3.1.4. Canada Neonatal Infant Care Market by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Europe Neonatal Infant Care Market Outlook, 2018 - 2031

7.1. Europe Neonatal Infant Care Market Outlook, by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Thermoregulation Devices
    - 7.1.1.1.1. Radiant Warmers
    - 7.1.1.1.2. Neonatal Incubators
    - 7.1.1.1.3. Neonatal Cooling Systems
  - 7.1.1.2. Phototherapy Equipment
    - 7.1.1.2.1. LED Phototherapy Unit
    - 7.1.1.2.2. CFL Phototherapy Unit
    - 7.1.1.2.3. Phototherapy Eye Mask
  - 7.1.1.3. Monitoring Systems
    - 7.1.1.3.1. Neonatal Ventilation
    - 7.1.1.3.2. Brain Monitoring
    - 7.1.1.3.3. Blood Gas Monitoring System
  - 7.1.1.4. Hearing Screening
  - 7.1.1.5. Vision Screening
7.2. Europe Neonatal Infant Care Market Outlook, by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Hospitals
  - 7.2.1.2. Pediatric and Neonatal Clinics
  - 7.2.1.3. Nursing Homes
7.3. Europe Neonatal Infant Care Market Outlook, by Country, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Germany Neonatal Infant Care Market by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 7.3.1.2. Germany Neonatal Infant Care Market by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 7.3.1.3. U.K. Neonatal Infant Care Market by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 7.3.1.4. U.K. Neonatal Infant Care Market by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 7.3.1.5. France Neonatal Infant Care Market by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 7.3.1.6. France Neonatal Infant Care Market by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 7.3.1.7. Italy Neonatal Infant Care Market by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 7.3.1.8. Italy Neonatal Infant Care Market by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 7.3.1.9. Turkey Neonatal Infant Care Market by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 7.3.1.10. Turkey Neonatal Infant Care Market by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 7.3.1.11. Russia Neonatal Infant Care Market by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 7.3.1.12. Russia Neonatal Infant Care Market by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 7.3.1.13. Rest of Europe Neonatal Infant Care Market by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 7.3.1.14. Rest of Europe Neonatal Infant Care Market by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Asia Pacific Neonatal Infant Care Market Outlook, 2018 - 2031

8.1. Asia Pacific Neonatal Infant Care Market Outlook, by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Thermoregulation Devices
    - 8.1.1.1.1. Radiant Warmers
    - 8.1.1.1.2. Neonatal Incubators
    - 8.1.1.1.3. Neonatal Cooling Systems
  - 8.1.1.2. Phototherapy Equipment
    - 8.1.1.2.1. LED Phototherapy Unit
    - 8.1.1.2.2. CFL Phototherapy Unit
    - 8.1.1.2.3. Phototherapy Eye Mask
  - 8.1.1.3. Monitoring Systems
    - 8.1.1.3.1. Neonatal Ventilation
    - 8.1.1.3.2. Brain Monitoring
    - 8.1.1.3.3. Blood Gas Monitoring System
  - 8.1.1.4. Hearing Screening
  - 8.1.1.5. Vision Screening
8.2. Asia Pacific Neonatal Infant Care Market Outlook, by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Hospitals
  - 8.2.1.2. Pediatric and Neonatal Clinics
  - 8.2.1.3. Nursing Homes
- 8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Asia Pacific Neonatal Infant Care Market Outlook, by Country, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. China Neonatal Infant Care Market by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 8.3.1.2. China Neonatal Infant Care Market by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 8.3.1.3. Japan Neonatal Infant Care Market by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 8.3.1.4. Japan Neonatal Infant Care Market by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 8.3.1.5. South Korea Neonatal Infant Care Market by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 8.3.1.6. South Korea Neonatal Infant Care Market by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 8.3.1.7. India Neonatal Infant Care Market by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 8.3.1.8. India Neonatal Infant Care Market by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 8.3.1.9. Southeast Asia Neonatal Infant Care Market by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 8.3.1.10. Southeast Asia Neonatal Infant Care Market by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 8.3.1.11. Rest of Asia Pacific Neonatal Infant Care Market by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 8.3.1.12. Rest of Asia Pacific Neonatal Infant Care Market by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Latin America Neonatal Infant Care Market Outlook, 2018 - 2031

9.1. Latin America Neonatal Infant Care Market Outlook, by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
- 9.1.1. Key Highlights
  - 9.1.1.1. Thermoregulation Devices
    - 9.1.1.1.1. Radiant Warmers
    - 9.1.1.1.2. Neonatal Incubators
    - 9.1.1.1.3. Neonatal Cooling Systems
  - 9.1.1.2. Phototherapy Equipment
    - 9.1.1.2.1. LED Phototherapy Unit
    - 9.1.1.2.2. CFL Phototherapy Unit
    - 9.1.1.2.3. Phototherapy Eye Mask
  - 9.1.1.3. Monitoring Systems
    - 9.1.1.3.1. Neonatal Ventilation
    - 9.1.1.3.2. Brain Monitoring
    - 9.1.1.3.3. Blood Gas Monitoring System
  - 9.1.1.4. Hearing Screening
  - 9.1.1.5. Vision Screening
9.2. Latin America Neonatal Infant Care Market Outlook, by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
- 9.2.2. BPS Analysis/Market Attractiveness Analysis
9.3. Latin America Neonatal Infant Care Market Outlook, by Country, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
- 9.3.1. Key Highlights
  - 9.3.1.1. Brazil Neonatal Infant Care Market by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 9.3.1.2. Brazil Neonatal Infant Care Market by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 9.3.1.3. Mexico Neonatal Infant Care Market by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 9.3.1.4. Mexico Neonatal Infant Care Market by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 9.3.1.5. Argentina Neonatal Infant Care Market by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 9.3.1.6. Argentina Neonatal Infant Care Market by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 9.3.1.7. Rest of Latin America Neonatal Infant Care Market by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 9.3.1.8. Rest of Latin America Neonatal Infant Care Market by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
- 9.3.2. BPS Analysis/Market Attractiveness Analysis

10. Middle East & Africa Neonatal Infant Care Market Outlook, 2018 - 2031

10.1. Middle East & Africa Neonatal Infant Care Market Outlook, by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
- 10.1.1. Key Highlights
  - 10.1.1.1. Thermoregulation Devices
    - 10.1.1.1.1. Radiant Warmers
    - 10.1.1.1.2. Neonatal Incubators
    - 10.1.1.1.3. Neonatal Cooling Systems
  - 10.1.1.2. Phototherapy Equipment
    - 10.1.1.2.1. LED Phototherapy Unit
    - 10.1.1.2.2. CFL Phototherapy Unit
    - 10.1.1.2.3. Phototherapy Eye Mask
  - 10.1.1.3. Monitoring Systems
    - 10.1.1.3.1. Neonatal Ventilation
    - 10.1.1.3.2. Brain Monitoring
    - 10.1.1.3.3. Blood Gas Monitoring System
  - 10.1.1.4. Hearing Screening
  - 10.1.1.5. Vision Screening
10.2. Middle East & Africa Neonatal Infant Care Market Outlook, by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
- 10.2.1. Key Highlights
  - 10.2.1.1. Hospitals
  - 10.2.1.2. Pediatric and Neonatal Clinics
  - 10.2.1.3. Nursing Homes
- 10.2.2. BPS Analysis/Market Attractiveness Analysis
10.3. Middle East & Africa Neonatal Infant Care Market Outlook, by Country, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
- 10.3.1. Key Highlights
  - 10.3.1.1. GCC Neonatal Infant Care Market by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 10.3.1.2. GCC Neonatal Infant Care Market by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 10.3.1.3. South Africa Neonatal Infant Care Market by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 10.3.1.4. South Africa Neonatal Infant Care Market by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 10.3.1.5. Egypt Neonatal Infant Care Market by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 10.3.1.6. Egypt Neonatal Infant Care Market by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 10.3.1.7. Nigeria Neonatal Infant Care Market by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 10.3.1.8. Nigeria Neonatal Infant Care Market by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 10.3.1.9. Rest of Middle East & Africa Neonatal Infant Care Market by Product, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
  - 10.3.1.10. Rest of Middle East & Africa Neonatal Infant Care Market by End User, Value (US$ Bn) and Volume (Million Units), 2018 - 2031
- 10.3.2. BPS Analysis/Market Attractiveness Analysis

11. Competitive Landscape

11.1. By Product vs by End User Heatmap
11.2. Company Market Share Analysis, 2023
11.3. Competitive Dashboard
11.4. Company Profiles
- 11.4.1. GE Healthcare
  - 11.4.1.1. Company Overview
  - 11.4.1.2. Product Portfolio
  - 11.4.1.3. Financial Overview
  - 11.4.1.4. Business Strategies and Development
- 11.4.2. Koninklijke Philips N.V
  - 11.4.2.1. Company Overview
  - 11.4.2.2. Product Portfolio
  - 11.4.2.3. Financial Overview
  - 11.4.2.4. Business Strategies and Development
- 11.4.3. Medtronic plc
  - 11.4.3.1. Company Overview
  - 11.4.3.2. Product Portfolio
  - 11.4.3.3. Financial Overview
  - 11.4.3.4. Business Strategies and Development
- 11.4.4. Dragerwerk AG & Co. KGaA
  - 11.4.4.1. Company Overview
  - 11.4.4.2. Product Portfolio
  - 11.4.4.3. Financial Overview
  - 11.4.4.4. Business Strategies and Development
- 11.4.5. NIHON KOHDEN COPORATION
  - 11.4.5.1. Company Overview
  - 11.4.5.2. Product Portfolio
  - 11.4.5.3. Financial Overview
  - 11.4.5.4. Business Strategies and Development
- 11.4.6. Natus Medical Incorporated
  - 11.4.6.1. Company Overview
  - 11.4.6.2. Product Portfolio
  - 11.4.6.3. Financial Overview
  - 11.4.6.4. Business Strategies and Development
- 11.4.7. Fisher & Paykel Healthcare Limited
  - 11.4.7.1. Company Overview
  - 11.4.7.2. Product Portfolio
  - 11.4.7.3. Financial Overview
  - 11.4.7.4. Business Strategies and Development
- 11.4.8. Masimo Corporation
  - 11.4.8.1. Company Overview
  - 11.4.8.2. Product Portfolio
  - 11.4.8.3. Financial Overview
  - 11.4.8.4. Business Strategies and Development
- 11.4.9. Becton, Dickinson and Company
  - 11.4.9.1. Company Overview
  - 11.4.9.2. Product Portfolio
  - 11.4.9.3. Financial Overview
  - 11.4.9.4. Business Strategies and Development
- 11.4.10. Phoenix Medical Systems (P) Ltd
  - 11.4.10.1. Company Overview
  - 11.4.10.2. Product Portfolio
  - 11.4.10.3. Financial Overview
  - 11.4.10.4. Business Strategies and Development
- 11.4.11. EDAN
  - 11.4.11.1. Company Overview
  - 11.4.11.2. Product Portfolio
  - 11.4.11.3. Financial Overview
  - 11.4.11.4. Business Strategies and Development

12. Appendix

12.1. Research Methodology
12.2. Report Assumptions
12.3. Acronyms and Abbreviations