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Global Outlook on the Fetal and Neonatal Care Equipment Market to 2023 by Type, Product and Region - An $8.4 Billion Opportunity - ResearchAndMarkets.com

January 2, 2019

DUBLIN--(BUSINESS WIRE)--Jan 2, 2019--The “Fetal and Neonatal Care Equipment Market - Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.

The global fetal and neonatal care equipment market is projected to reach USD 8.4 billion by 2023 from USD 6.4 billion in 2018, at a CAGR of 5.7% during the forecast period.

Factors such as rise in number of preterm and low-weights birth infants, growing number of NICU admissions, and increased awareness of neonatal and fetal care across developing nations are expected to propel the growth of this market.

However, high price of advanced neonatal care equipment are expected to restrain the growth of the fetal and neonatal care equipment market in the forecast period.

Several companies such as GE Healthcare (U.K.), Philips Healthcare (Netherlands), Drgerwerk AG & Co. KGaA (Germany), Medtronic plc (Ireland), and Masimo Corporation (U.S.) are investing in high-growth markets to gain significant profits and increase their share in the global fetal and neonatal care equipment market.

Key Highlights

Ultrasound segment to dominate the fetal care equipment market in 2018 Respiratory devices to register the highest CAGR during 2018-2023 in neonatal segment The fetal and neonatal care equipment market in the APAC is projected to witness the highest growth rate during the forecast period

Market Dynamics

Drivers

Rising Number of Preterm and Low-Weight Births Public-Private Initiatives to Strengthen Patient Care Increasing Incidence of HAIs Among Newborns Changing Clinical Risks for Congenital and Obstetric Complications Rising Number of Neonatal Care Facilities Worldwide

Restraints

Premium Pricing of Advanced Neonatal Care Equipment Growing Preference for Refurbished Devices Across Emerging Countries

Opportunities

Development of Integrated and Multifunctional Neonatal Care Equipment Emerging Markets

Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Fetal (Labor & Delivery) Care Equipment Market, By Type

7 Neonatal Care Equipment Market, By Product

8 Fetal and Neonatal Care Equipment Market, By Region

9 Competitive Landscape

10 Competitive Landscape

Arjo Cardinal Health Edan Instruments Inc. Toitu Co. Ltd. Utah Medical Products Inc. Vyaire Medical Inc. Atom Medical Corporation Draegerwerk AG & Co. KGaA Fisher & Paykel Healthcare Limited GE Healthcare (A Division of General Electric Company) Masimo Corporation Medtronic PLC Natus Medical Incorporated Philips Healthcare (A Division of Koninklijke Philips N.V.) Phoenix Medical Systems Pvt. Ltd.

For more information about this report visit https://www.researchandmarkets.com/research/xn4vhj/global_outlook_on?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190102005410/en/

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Related Topics:Medical Devices

KEYWORD:

INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/02/2019 10:41 AM/DISC: 01/02/2019 10:41 AM

http://www.businesswire.com/news/home/20190102005410/en

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