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.
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
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