Picture

Questions?

+1-866-353-3335

SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare

PUBLISHER: Mordor Intelligence | PRODUCT CODE: 390831

Cover Image

PUBLISHER: Mordor Intelligence | PRODUCT CODE: 390831

Neonatal and Prenatal Devices Market - Growth, Trends, and Forecasts (2022 - 2027)

PUBLISHED:
PAGES: 114 Pages
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
PDF & Excel (Single User License)
USD 4750
PDF & Excel (Team License: Up to 7 Users)
USD 5250
PDF & Excel (Site License)
USD 6500
PDF & Excel (Corporate License)
USD 8750

Add to Cart

The major factors for the growth of the neonatal and prenatal devices market include the rising incidence of preterm births, increasing awareness for prenatal and neonatal care, and government initiatives to provide better care for prenatal and neonatal infants.

Premature babies are babies born before the mother reaches the gestation period of 37 weeks. Depending on how premature the baby is, there are certain organs, which can be underdeveloped, such as the digestive tract, lungs, immune system, and even skin in certain cases, where the demand of incubators for their survival is inevitable. Preterm births are quite common around the world, irrespective of developed and emerging markets. Globally, about more than 1 in 10 pregnancies are likely to end up in preterm birth. Some statistics show the growing burden of premature babies and how it increases the demand for incubators.

According to the World Health Organization, an estimated 15 million babies are born too early every year. Apart from that, there are several maternal factors, which raises the importance and demand of the Neonatal Intensive Care Unit (NICU), such as age younger than 16 or older than 40 years, drug addiction cases, diabetes, hypertension, bleeding, sexually transmitted diseases, and multiple pregnancies among others. All these factors are driving the demand for the fetal and neonatal care equipment market, globally.

Key Market Trends

Incubators is the Segment by Product Type is expected to be Fastest Growing Market

The neonatal incubators are often necessary for infants. The infants need respiratory support, ranging from extra oxygen to continuous positive airway pressure (CPAP) or mechanical ventilation. The temperature regulation of infants is among the major factors to be controlled in the neonatal incubator cases. The companies have varied devices on several parameters, among which temperature regulation is very important, as severe temperature differences lead to neonate heat loss, hypothermia, and apnoea, which are closely related to airflow and air velocity. In the emerging markets, the growing focus is being seen toward low cost alternative neonatal incubators, such as MiraCradle and Embrace Nest in India, which are much cheaper than the incubators' original cost, and thus could be more affordable to hospitals and patients in several places across the country. The increasing number of preterm births is further boosting segment growth. With that, the market is expected to witness a high CAGR over the forecast period.

North America is Expected to Dominate the Market Over the Forecast Period

The healthcare expenditure in the United States is among the highest, as per the GDP, globally. More than 18% of GDP is spent on healthcare each year in the United States. The country accommodates several medical device companies working on fetal and neonatal care from around the world, having a good direct distribution channel, as well as third-party services for equipment distribution in relation to medical/hospitals requirement, and home care needs. Furthermore, there is a rise in technological advancement in the devices. During the forecast period, the growth is expected to be consistent, with the high requirement in hospitals, for several applications across the country. Thus, owing to all the above-mentioned factors, the market is expected to witness high growth over the forecast period.

Competitive Landscape

The market studied is a consolidated market, owing to the presence of various small and large market players. Some of the market players are Atom Medical Corporation, GE Healthcare, Getinge AB, Koninklijke Philips NV, Masimo, Medtronic PLC, Natus Medical Incorporated, Phoenix Medical Systems (P) Ltd, and Vyaire Medical.

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support
Product Code: 54649

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Incidence of Preterm Births
    • 4.2.2 Increasing Awareness for Prenatal and Neonatal Care
    • 4.2.3 Government Initiatives to Provide Better Care for Prenatal and Neonatal Infants
  • 4.3 Market Restraints
    • 4.3.1 Low Birth Rates in Developed Countries
    • 4.3.2 Lack of Awareness and Economic Constraints in Developing Countries
  • 4.4 Porter's Five Force Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION

  • 5.1 By Product Type
    • 5.1.1 Prenatal and Fetal Equipment
      • 5.1.1.1 Ultrasound and Ultrasonography Devices
      • 5.1.1.2 Fetal Doppler
      • 5.1.1.3 Fetal Magnetic Resonance Imaging (MRI)
      • 5.1.1.4 Fetal Heart Monitors
      • 5.1.1.5 Fetal Pulse oximeters
      • 5.1.1.6 Other Prenatal and Fetal Equipment
    • 5.1.2 Neonatal Equipment
      • 5.1.2.1 Incubators
      • 5.1.2.2 Neonatal Monitoring Devices
      • 5.1.2.3 Phototherapy Equipment
      • 5.1.2.4 Respiratory Assistance and Monitoring Devices
      • 5.1.2.5 Other Neonatal Care Equipment
  • 5.2 Geography
    • 5.2.1 North America
      • 5.2.1.1 United States
      • 5.2.1.2 Canada
      • 5.2.1.3 Mexico
    • 5.2.2 Europe
      • 5.2.2.1 Germany
      • 5.2.2.2 United Kingdom
      • 5.2.2.3 France
      • 5.2.2.4 Italy
      • 5.2.2.5 Spain
      • 5.2.2.6 Rest of Europe
    • 5.2.3 Asia-Pacific
      • 5.2.3.1 China
      • 5.2.3.2 Japan
      • 5.2.3.3 India
      • 5.2.3.4 Australia
      • 5.2.3.5 South Korea
      • 5.2.3.6 Rest of Asia-Pacific
    • 5.2.4 Middle-East & Africa
      • 5.2.4.1 GCC
      • 5.2.4.2 South Africa
      • 5.2.4.3 Rest of Middle-East & Africa
    • 5.2.5 South America
      • 5.2.5.1 Brazil
      • 5.2.5.2 Argentina
      • 5.2.5.3 Rest of South America

6 COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Atom Medical Corporation
    • 6.1.2 GE Healthcare
    • 6.1.3 Getinge AB
    • 6.1.4 Koninklijke Philips NV
    • 6.1.5 Masimo
    • 6.1.6 Medtronic PLC
    • 6.1.7 Natus Medical Incorporated
    • 6.1.8 Phoenix Medical Systems (P) Ltd
    • 6.1.9 Vyaire Medical

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Hi, how can we help?
Contact us!