Neonatal Intensive Care Market 2021 Global Share, Segmentation, Analysis, Future Plans and Forecast 2029


Posted August 9, 2023 by nirankammr

Neonatal Intensive Care Market size is expected to reach US$ 9.05 Bn. by year 2029 at a CAGR of 7.1% during the forecast period.
 
Neonatal Intensive Care Market Overview:

The purpose of this study is to provide a thorough examination of the Neonatal Intensive Care Market by component, application, industry, and geography. The study goes into great detail on the primary factors influencing the Neonatal Intensive Care market’s growth. The study also offers a comprehensive analysis of the market’s value chain.

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Neonatal Intensive Care Market Scope:

The research method used to assess and anticipate the Neonatal Intensive Care market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segmentation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Neonatal Intensive Care market was calculated using the revenue of significant enterprises.

Neonatal Intensive Care Market Drivers:

According to recent statistical data, around 11% of the total pregnancies result in premature or early deliveries. In the U.S. alone around 450,000 babies are born prematurely and globally over 15 million new births are early or premature. Increasing rates of maternal obesity, advanced maternal ages, diabetes, multiple births (twins and higher), assisted reproductive techniques, and opiate addiction is the reasons for preterm birth. Hence, this leads to the expansion of pediatric clinics and neonatal intensive care units globally. Rising awareness about neonatal care and technological advancements being made for neonatal care devices also contribute to the market growth. However, expensive neonatal care, decreasing birth rate, and poor accessibility of neonatal care in some underdeveloped and developing economies may restrain the market growth. In May 2021, Dragerwerk AG & Co. KGaA launched Babylog VN600 and VN800 ventilators for premature babies. This product launch will help the company in broadening its customer base with product portfolio expansion.

The report has profiled key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. Increasing R&D activities in each region are different and focus is given on the regional impact on the cost, availability of advanced technology are analyzed.

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Neonatal Intensive Care Market Segmentation:

by Product type

Neonatal Incubators
Neonatal Phototherapy Equipment
Ventilators
Neonatal Monitoring devices

by End users

Hospitals
Nursing Homes
Pediatric & Neonatal Clinics

Neonatal Intensive Care Market Key Players:

The major players covered in the Neonatal Intensive Care market report are
Siemens AG

1. Medtronic plc
2. C. R. Bard, Inc.
3. Becton, Dickinson and Company
4. Cook Medical
5. Teleflex Incorporated
6. B. Braun Melsungen AG
7. GE Healthcare
8. Digicare Biomedical Technologies Inc
9. Philips
10.Phoenix medical Systems
11.Novos Medical Systems
12.Dragerwerk AG & Co. KGaA
13.Fisher & Paykel Healthcare corporation Limited
14.Smith’s Group plc
15.Utah Medical Products Inc


Regional Analysis:

Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.

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COVID-19 Impact Analysis on Neonatal Intensive Care Market:

Aerospace and defense, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 epidemic. COVID-19 has had an impact on the Neonatal Intensive Care market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spreads. Our most recent inquiry, opinions, and bits of knowledge on administration are critical to the businesses and associations in the Neonatal Intensive Care industry, which is driving through the COVID-19 emergency to handle risk digitizing jobs in order to convey trusted data and experiences to the CEOs.

Key Questions Answered in the Neonatal Intensive Care Market Report are:

Which segment grabbed the largest share in the Neonatal Intensive Care market?
How was the competitive scenario of the Neonatal Intensive Care market in 2020?
Which are the key factors responsible for the Neonatal Intensive Care market growth?
Which region held the maximum share in the Neonatal Intensive Care market in 2020?
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Issued By MMR
Country India
Categories Affiliate Program , Blogging , Business
Tags neonatal intensive care market , neonatal intensive care market size , neonatal intensive care market share
Last Updated August 9, 2023