Fetal and Neonatal Care Equipment Market Growth and Forecast, 2019 - 2026.

The global fetal (Labor & Delivery) and neonatal care equipment market size was valued at USD 6.3 billion in 2018 and is estimated to grow at a CAGR of around 6.9% over the forecast period. Some of the factors responsible for market growth are the high birth rate in developing countries, rising prevalence of preterm births, and efforts by the government to increase survival rates in such cases.

Increasing prevalence of neonatal hospital-acquired infections and rising awareness about neonatal health & care equipment is expected to contribute to market growth. According to the UN Foundation, maternal & infant care is a global priority, since around 800 women die every day from preventable causes associated with pregnancy or childbirth. This has led to increased demand for neonatal and fetal care equipment. Furthermore, HAIs are primarily a concern for premature and infants with medical disorders requiring prolonged hospitalization.

Gather more insights about the market drivers, restrains and growth of the Global Fetal and Neonatal Care Equipment market

The UNICEF (United Nations International Children's Emergency Fund) data stated that 2.5 million children died in the first month of life in 2017 across the world. Furthermore, preterm and low weight birth babies are susceptible to many health risks and require specialized care. Hence, the demand for neonatal equipment is expected to grow exponentially.

Neonatal equipment has been observed to have an increasing demand in middle-income countries, as birth rates in these countries are higher, and the priority for improved fetal & neonatal care is high in these countries. As a result, sales of the equipment are expected to flourish at a rapid rate.

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Fetal and Neonatal Care Equipment Market Segmentation

Grand View Research has segmented the fetal and neonatal care equipment market by type, by end use, and region:

Product Outlook (Market Revenue in USD Million, 2015 - 2026)

• Fetal Care Equipment

o   Ultrasound Devices

o   Fetal Dopplers 

o   Fetal MRI Systems 

o   Fetal Monitors 

o   Fetal Pulse Oximeters

• Neonatal Care Equipment

o   Infant Warmers

o    Incubators

o   Convertible Warmers & Incubators

o   Phototherapy Equipment

o   Respiratory Devices

o   Neonatal Ventilators 

o   Continuous Positive Airway Pressure (CPAP) Devices

o   Oxygen Analyzers and Monitors

o    Resuscitators

o   Others

         Neonatal Monitoring Devices

         Blood Pressure Monitors

         Cardiac Monitors

         Pulse Oximeters

          Capnographs

         Integrated Monitoring Devices

End Use Outlook (Market Revenue in USD Million, 2015 - 2026)

• Hospitals
• Diagnostic Centers
• Clinics & Others

Regional Outlook (Market Revenue in USD Million, 2015 - 2026)

• North America
• Europe
• Asia Pacific
• Latin  America
• Middle East & Africa

Market Share Insights

November 2016 - Boston Children’s Hospital and GE Healthcare collaborated for the treatment and diagnosis of pediatric brain disorders by using smart imaging technology.

January 2019 - Abbott received the U.S. FDA approval for its Amplatzer Piccolo Occluder, a pea-sized neonatal heart device. This is the first device across the world to treat patent ductus arteriosus (PDA) in premature babies weighing lesser than two pounds.

Key Companies profiled:

Some prominent players in the global Fetal and Neonatal Care Equipment market include

• Becton
• GE Healthcare
• Becton
• Abbott
• Dickinson and Company
• Koninklijke Philips N.V.
• THE DRAGER GROUP
• Medtronic

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