Rise in the birth of premature, low-weight babies along with increasing prevalence of hospital acquired infections is one of the major factors driving market growth. According to the WHO, premature birth is one of the major reasons for the death of children below 5 years of age. The chances of acquiring Hospital Acquired Infections (HAIs) are higher in premature babies. Moreover, a sedentary lifestyle increases complications in pregnancy, and the rising number of neonatal care facilities drives growth of neonatal & fetal (labour & delivery) care equipment market.
The Neonatal Care Equipment & Fetal (Labor & Delivery) Market is segmented on the basis of Product, Types, Application and region.
Major Product of Neonatal Care Equipment & Fetal (Labor & Delivery) Market covered are:
- Infant Warmers
- Neonatal Incubators
- Convertible Warmers & Incubators
- Neonatal Monitoring Devices
- Neonatal Phototherapy Equipment
- Neonatal Diagnostic Imaging
- Respiratory Care Devices
Major Types of Neonatal Care Equipment & Fetal (Labor & Delivery) Market covered are:
- Fetal Ultrasound Devices
- Fetal MRI Systems
- Fetal Monitors
- Fetal Doppler Devices
- Fetal Pulse Oximeters
Major Applications of Neonatal Care Equipment & Fetal (Labor & Delivery) Market covered are:
- Hospitals
- Diagnostic Centers
- Clinics
Technical advancements and increasing focus on new product launches with advanced technology and affordable infant and maternal care products is also anticipated to fuel the growth of market. Moreover, an increase in R&D on advancements in neonatal equipment and increasing awareness among the patients is driving market growth. A rise in government funding for improving neonatal and fetal care facilities will further boost the neonatal & fetal (labour & delivery) care equipment during the forecast period.
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