Market Scenario


Fetal and Neonatal Care Equipment Market Research Report – Global Forecast till 2023 is predicted to garner 6.8% during the forecast period (2018-2023). The surging number of neonatal care facilities is influencing the market growth. Fetal and neonatal care equipment can be described as a type of medical device category with the help of which doctors and physicians can continuously care and monitor the infants. These devices are specifically built to feed the babies medicine, check the blood pressure level, draw fluids and blood, and also treat a number of diseases.

Market Potential and Pitfalls

The fetal and neonatal care equipment market is gradually experiencing a thrust owing to initiatives undertaken by the private and public sector in order to support patient care. The growing number of neonatal care facilities across the world has highly influenced the market globally. Governments from several regions are undertaking a lot of initiatives in order to raise awareness regarding new-born screening and the benefits associated with it. Several non-government and government organizations are highly focusing on providing better maternal and fetal care options which are considered to contribute to the market worldwide. For instance, the American Society of Hematology led a campaign in June 2018 in order to fight against sickle cell and also urged the government of Sub-Saharan Africa to invest in the screening of new-born diseases.

With the advancing technology and launch of innovative devices in the fetal and neonatal care equipment market, the market is likely to gain impetus during the appraisal period. Technological advancements help to detect multiple compounds through neonatal dried blood specimens. Right after the success of newborn screening in phenylketonuria, prominent competitors across the globe are investing in the innovation to introduce and develop the latest models with improved performance. The launch of improved performance instruments of pulse oximeters and mass spectroscopy are estimated to encourage the market growth globally. For instance, in September 2016, the launch of PerkinElmer’s QSight 210 MD system which used tandem quadrupole analysis offered regular robust screening besides faster scanning and higher sensitivity. Such factors are estimated to foster the market during the appraisal period.

On the contrary, the surging preference for refurbished diseases throughout the developing economies is considered to vitiate the market growth across the globe. Moreover, the lower birth rate, especially in the established economies coupled with the presence of too many fragmented players, is estimated to limit the market growth in the long run.

Competitive Dashboard

The prominent players operating in the fetal and neonatal care equipment market comprises Fisher & Paykel Healthcare Limited, Toitu Co. Ltd., Phoenix Medical Systems Pvt. Ltd., Drägerwerk AG & Co. KGaA, Masimo Corporation, Edan Instruments Inc., Arjo, Atom Medical Corporation, Philips Healthcare, Utah Medical Products Inc., Natus Medical Incorporated, Cardinal Health, Medtronic PLC, Vyaire Medical Inc., GE Healthcare, and others.

Fetal and Neonatal Care Equipment Research Report: by Type (Fetal Monitors, Fetal Pulse Oximeters), by Product (Infant Warmers, Neonatal Phototherapy Equipment, Neonatal Incubators, Convertible Warmers & Incubators), by End User - Global Forecast Till 2023 : https://www.marketresearchfuture.com/reports/fetal-neonatal-care-equipment-market-7511