Bharat Book Bureau Provides the Trending Market Research Report on “Fetal and Neonatal Care Devices Global Market – Forecast To 2023” under Medical Devices category. The report provides information on industry overview, market size, latest developments, industry trends, Key players, global presence, and their future prospects.
Fetal and neonatal care devices are specialized equipment developed to diagnose, monitor and treat diseases of the fetus and newborn babies. Increase in maternal age, induced fertility, labor treatments, poor prenatal care and change in lifestyle such as drinking, smoking are leading cause of premature and congenital diseases. Anemia, intra-ventricular hemorrhage, bronchopulmonary dysplasia, transient tachypnea and hyperbilirubinemia are some of the disorders that affect neonates. The fetal and neonatal care devices play a critical role in diagnosing and treating fetal and neonate diseases.
This report concentrates on Fetal and Neonatal care devices that are used to care, monitor and diagnose. The laboratory screening tests, drugs, implants are not considered in Fetal and Neonatal care device report. Fetal and neonatal care devices global market is segmented on the basis of products, end-users and geography. The products are segmented into Fetal care devices and Neonatal care devices. The Fetal care devices are sub-segment into Ultrasound devices, Fetal Magnetic Resonance Imaging, Fetal monitors (Antepartum/External Fetal Monitors and Intrapartum/Internal Fetal Monitors), Fetal Pulse Oximeters, Fetal Doppler’s and Other Fetal products. The Neonatal care devices are sub-segmented into Infant warmers (Electric Infant Warmers, Non-electric Infant Warmers), Incubators, Convertible warmer & incubator, Phototherapy equipment (Conventional Phototherapy, Fiber-optic Phototherapy, LED Phototherapy), Respiratory devices (Neonatal Ventilators, CPAP Devices, Oxygen Analyzers and Monitors, Resuscitators, Others), Neonatal Monitoring Devices (Blood Pressure Monitor, Cardiac Monitors, Pulse Oximeters, Capnographs, Others Integrated Monitoring Devices) and Others. End-users are further classified into hospitals, private clinics and others (ambulatory settings and home care). Geography is segmented as North America (U.S. and others), Europe (Germany, U.K., France and Others), Asia-Pacific (Japan, China, India, and Others) and Rest of the World (Brazil, Rest of Latin America and Middle East & others).
Fetal and neonatal care device global market is expected to grow at single digit CAGR to reach $10,790.7 million by 2023. The neonatal care devices segment accounted the largest share and is projected to grow at a CAGR of X% from 2017 to 2023 due to technological advancements in treating a number of newborn diseases and related infections. Fetal products are classified into ultrasound devices, fetal MRI, fetal monitors, fetal Doppler and others products. The ultrasound devices segment accounted the largest share in 2016 due to development of 3D and 4D imaging solutions. The fetal MRI segment is fastest growing segment due to development of miniaturised MRI and product pipeline which are yet to be launched. The fetal monitors are further classified into antepartum or external and intrapartum fetal monitors.
The antepartum or external fetal monitors segment accounted for the largest share and fastest growing segment from 2017 to 2023 due to ease in usage, portable, reduces hospital visits etc.
The neonatal care devices products market includes infant warmers, incubators, convertible warmers & incubator, phototherapy equipment, respiratory devices, neonatal monitoring devices and others. The infant warmers segment accounted for the largest share of X% in 2016 due to technological advancements and fastest growing segment and is projected to grow at a strong CAGR of X% from 2017 to 2023. The infant warmers market includes products electric infant and non-electric infant warmers. The electric infant warmer segment accounted for the largest share and the fastest growing segment and is projected to grow at a strong CAGR of X% from 2017 to 2023. Phototherapy equipment includes conventional, fiber-optic and LED phototherapy devices. The conventional phototherapy device segment accounted for the largest share of XX% in 2016 as they give more effective results. LED phototherapy segment is fastest growing segment and is projected to grow at a strong CAGR of X% from 2017 to 2023 as they are cost effective.
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Respiratory products are segmented into neonatal ventilators, CPAP devices, oxygen analyzers & monitors, resuscitators and others. The resuscitators segment accounted for the largest share of 33.6% in 2016. Neonatal ventilator segment is fastest growing segment and is projected to grow at a strong CAGR of X% from 2017 to 2023 due to increase incidence of respiratory diseases in neonates. Neonatal monitoring devices are segmented into blood pressure monitors, cardiac monitors, pulse oximeters, capnographs and integrated monitoring devices. The blood pressure monitor segment accounted for the largest share of XX% in 2016 due to technological advancements, for e.g. availability of cuff blood pressure monitors which can be used at home. Integrated monitoring device segment is fastest growing segment and is projected to grow at a strong CAGR of X% from 2017 to 2023 as multiple parameters can be measured by the same device itself.
Based on end users the market is segmented into hospitals, private clinics and other end-user (home care and ambulatory settings). Among end-users, hospital segment accounted for the largest share of XX% in 2016 and is projected to grow at a CAGR of X% from 2017 to 2023 due to the availability of sophisticated equipment at one place. The Private clinic segment is the fastest growing segment and is projected to grow at a strong CAGR of X% from 2017 to 2023.
North America accounts for the highest market share of XX% followed by Europe. The steep rise in premature baby population, advancement in technology, awareness of people about treatment options, increased neonatal disorders and favorable government policies are the driving factors of Fetal and neonatal care device market. However, Asian countries especially India and China are the fastest growing regions with its growing demand for Fetal and neonatal care device.
The Fetal and neonatal care device market is a consolidated market with 72% of share occupied by major players. Some of the key players in Fetal and neonatal care device market include GE Healthcare (U.S.), Philips N.V. (Netherlands), Dragerwerk AG & Co. KGaA (Germany), Medtronic PLC (Ireland), Siemens AG (Germany), Atom medical corporation (Japan), Analogic corporation (U.S.), Becton Dickinson and Company (U.S.), Cooper Companies, Inc (Cooper Surgical, Inc) (U.S.), Fisher & Paykal (New Zealand), Gettinge Group (Sweden), Masimo Corporation (U.S.) and Natus Medical Incorporated (U.S.).
The report provides an in-depth market analysis of the above-mentioned segments across the following regions:
• North America
• Rest of the World (RoW)
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