The global demand for Neonatal Intensive Care Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Neonatal intensive care is an advanced technology and trained healthcare professionals that give special care for the tiniest patients. Newborn babies are often kept in this unit due to complications such as sick or premature baby. Babies with complications such as breathing trouble, heart problems, infections, or birth defects are also under intensive care observation.
Rising death burden due to growing neonatal complications is augmenting the growth of the market. The most common causes of neonatal death are premature birth, low birth weight and birth defects. An estimated 717,000 newborns die each year during birth, while around 1.3 million stillbirths result from birth-related complications. Recent estimates indicate that birth-related complications for the baby represent 23% of newborn deaths around the world, making it one of the leading causes of newborn mortality. Growing investment by hospitals to incorporate a specialist neonatal intensive care unit (NICU) will boost the growth during the forecast period. However, lack of capital and awareness about its importance in rural areas is hampering 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 application/product segment in the global market of neonatal intensive care.
The entire neonatal intensive care market has been sub-categorized into product and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Infant Warmers
- Convertible Warmer & Incubators
- Neonatal Monitoring Devices
- Respiratory Devices
- Phototherapy Equipment
- Childcare Clinics
This section covers regional segmentation which accentuates on current and future demand for neonatal intensive 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 Intensive 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 intensive care market include Medtronic plc, C. R. Bard, Inc., Becton, Dickinson and Company, Cook Medical. 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.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.