Neonatal Infant Care market revenue is estimated to be $XX Billion in 2019 and shall grow with a CAGR of XX.X% during the forecast period of 2019 to 2026.
Neonatal Infant Care refers to a very sensitive medical care eco-system developed for babies that are born ahead of the normally expected time. In such cases, they need dedicated, specialized medical supervision for as long as 3 weeks.
Analysis by Product Type
According to the Product type, the seven broad segments are Thermoregulation Devices, Phototherapy Devices, Monitoring Systems, Neonatal Hearing Screening, Neonatal Infant Resuscitator Devices, Vision Screening, and Others. Thermoregulation devices are further classified into Neonatal Incubators, Warmers, and Neonatal Cooling Systems. Similarly, Phototherapy devices are sub-segmented into LED Phototherapy System and CFL Phototherapy System. Lastly, Monitoring systems have the following subsections: Neonatal Ventilation, Brain Monitoring, and Blood Gas Monitoring System. A Neonatal Infant Care market report suggests that Monitoring systems will grow at a rapid pace in this period owing to the surge in cases of infant diseases. These systems enable the medics to keep track of the infant’s vital signs from the Neonatal Infant Care Unit (NICU). Neonatal Infant Care market research confirms that mandatory government regulations in the healthcare sector will promulgate the demand for Thermoregulation devices as well as Phototherapy devices. Various specialized equipment is necessary in delicate situations like the ones presented in Neonatal Infant Care.
Analysis by End-use
According to end-use, the three foremost segments are Hospitals, Nursing Homes, and Paediatric & Neonatal Clinics. Nearly half of the Neonatal Infant Care market share is served by Hospitals. It is closing in on becoming a billion-dollar industry. Consumers are getting much more informed of the vital role of professional medical services. Thus, the Neonatal Infant Care market size is headed for rapid expansion in all three end-use segments, especially in Hospitals. Moreover, the specialized equipment is expensive and thus large Hospitals will usually have the deep pockets to buy them.
Analysis by Region
The Asia-Pacific region is the hotspot of market demand for these products owing to the sheer number of births. The Neonatal Infant Care market estimation indicates a double-digit growth rate of the sale of this equipment in this region owing to the establishment of new NICUs. Moreover, government funding has also seen a steady growth which clearly shows the urgency of the matter. The Neonatal Infant Care forecast strongly favors India as a large potential future consumer of these specialized equipment. Private hospitals, as well as those owned by the state, are on the search for advanced medical technologies. The Neonatal Infant Care price trend will play a leading role in business negotiations in these countries. China has the largest number of Neonatal infant care devices in this area followed closely by India, Japan, and Australia.
Analysis by Illustrious Companies
Some of the illustrious companies in this industry are Atom Medical, Medtronic, Phoenix Medical Systems, Drägerwerk, GE Healthcare, Fisher & Paykel Healthcare, Ibis Medical, and Natus Medical. A lot of the Neonatal Infant Care companies have realized the importance of tapping into countries such as China, India, Brazil, South Africa, and Mexico as these nations are on the rise with the right basic medical infrastructure and are ready to implement specialized Neonatal Infant Care capabilities. Other industries in this domain that are growing at a high CAGR include RTD Infant Milk Market and Critical Care Equipment Market.
COVERAGE HIGHLIGHTS
● Market Revenue Estimation and Forecast (2019 – 2026)
● Market Production Estimation and Forecast (2019 – 2026)
● Market Sales/Consumption Volume Estimation and Forecast (2019 – 2026)
● Breakdown of Revenue by Segments (2019 – 2026)
● Breakdown of Production by Segments (2019 – 2026)
● Breakdown of Sales Volume by Segments (2019 – 2026)
● Gross Margin and Profitability Analysis of Companies
● Business Trend and Expansion Analysis
● Import and Export Analysis
● Regional Analysis and Market Data Breakdown
MARKET SEGMENTATION
By Product Type Outlook ($Revenue and Unit Sales, 2019-2026)
• Thermoregulation devices
• Neonatal Incubators
• Warmers
• Neonatal cooling systems
• Phototherapy devices
• LED phototherapy system
• CFL phototherapy system
• Monitoring systems
• Neonatal ventilation
• Brain monitoring
• Blood gas monitoring system
• Others
• Neonatal hearing screening
• Neonatal infant resuscitator devices
• Vision screening
• Others
By End-use Outlook ($Revenue and Unit Sales, 2019-2026)
• Hospitals
• Nursing homes
• Paediatric & neonatal clinics
By Regional Outlook ($Revenue and Unit Sales, 2019-2026)
• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• France
• Italy
• Spain
• Asia Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• South Africa
• Saudi Arabia
• GCC Countries
Illustrious Companies
• Atom Medical Corp
• Drägerwerk AG & Co. KGaA
• Fisher & Paykel Healthcare Limited
• GE Healthcare
• Ibis Medical
• Medtronic
• Natus Medical Incorporated
• International Biomedical
• Koninklijke Philips N.V.
• Phoenix Medical Systems Pvt Ltd
• nice Neotech Medical Systems Pvt. Ltd
