The global demand for Neonatal Infant Care Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022-2028.
Newborn babies who are sick or premature babies require special care. It includes the employment of complex machines and devices for the needs of tiny babies. Babies with low birth weight or health conditions like breathing trouble, heart problems, infections, or birth defects are kept under continuous observation. Sometimes, neonatal care is also referred to as a special care nursery, an intensive care nursery, or a newborn intensive care nursery.
Market Dynamics
Growing newborn births, preterm births, and other complexities in newborn babies drive the global neonatal infant care market. Annually, 15 million babies worldwide are born prematurely. Prematurity is the leading cause of death before age 5. Reporting this burden, there has been an increase in the number of neonatal intensive care units and pediatric clinics across the globe. Demand for advanced and effective treatment procedures is also increasing due to growing health conditions in babies. However, lack of awareness and inadequate facility hinder the growth of the market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each segment in the global market of neonatal infant care.
Market Segmentation
The report segments the neonatal infant care market and analyses it with respect to the geography, intending to keep the marketer informed and help them identify the target demographics for the product or service.
By Product
- Thermoregulation devices
- Phototherapy Devices
- Monitoring System
- Hearing Screening
- Vision Screening
By End Use
- Hospitals
- Paediatric & Neonatal Clinics
- Nursing Homes
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for neonatal infant care market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Neonatal Infant Care Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the neonatal infant care market include Atom Medical Corp, Drägerwerk AG & Co. KGaA, Fisher & Paykel Healthcare Limited, GE Healthcare, Ibis Medical, Medtronic, Natus Medical Incorporated, International Biomedical, Koninklijke Philips N.V., Phoenix Medical Systems Pvt Ltd, Nice Neotech Medical Systems Pvt. Ltd.S. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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