Neonatal Care Equipment & Fetal (Labour & Delivery) Market is estimated to be over US$ 6.5 billion in 2019. It is anticipated to grow substantially at a CAGR of 5.3% during the forecast period (2019 to 2030).
The continual growth of the neonatal & fetal (labour & delivery) care equipment market can be attributed to several factors including rising number of low-weight and preterm babies, increased awareness of neonatal and fetal care across developing nations and rising number of neonatal care facilities worldwide. Moreover, increasing prevalence of neonatal hospital-acquired infections is anticipated to further contribute to substantial growth of the neonatal & fetal (labour & delivery) care equipment between 2019 and 2030. To obtain better insights into the market scenario, prominent players are collaboration and expanding to strengthen their foothold in the market. For instance, in 2107, GE Healthcare expanded its maternal-infant care with the acquisition of Monica Healthcare.
Major Key Players of the Neonatal Care Equipment & Fetal (Labor & Delivery) Market are:
Koninklijke Philips NV, GENERAL ELECTRIC, Radiometer Medical ApS, Phoenix Medical Systems (P) Ltd., VYAIRE. EDAN, Fisher & Paykel Healthcare Limited., Masimo, Natus Medical Incorporated, and Dragerwerk AG & Co. KGaA among others.
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