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Neonatal Intensive Care Market Size, Global Forecast 2022-2027, Industry Trends, Impact of COVID-19, Opportunity Company Analysis

  • ID: 5504319
  • Report
  • November 2021
  • Region: Global
  • 105 Pages
  • Renub Research

FEATURED COMPANIES

  • Philips
  • Teleflex Incorporated
  • Utah Medical Inc
According to the World Health Organization (WHO), in 2018, preterm births were very high; it has been reported that 15 Million babies are born preterm every year, and this number is increasing. As these newborn babies have more underdeveloped defense systems, they are more prone to chronic and other diseases like hospital-acquired infections. Therefore these factors are found to be the significant primary reasons for which neonatal intensive care is required. As per the publisher report, Global Neonatal Intensive Care Market will reach US$ 9.9 Billion by 2027.



Worldwide Neonatal Incentive Care Unit Industry is expected to grow with a CAGR of 6.46% from 2021 to 2027


Newborn babies who require intensive medical care are often put in a particular hospital area called the (NICU) neonatal intensive care unit. The NICU has advanced technology and skilled healthcare professionals to give appropriate care for the tiniest patients. It is an intensive care unit (ICU) specializing in ill or premature newborn infants. When a baby is born before completing 37 weeks of pregnancy, most infants are admitted to the NICU have low birth weight, or preterm or suffer from a health condition that needs special care. Neonatal care is a particular type of care given to premature babies with health complications such as difficulty gaining weight or breathing problems.

Pulse Oximeter holds the Largest Market Share as it’s routinely used to Monitor an Infant's Oxygen Level


Notwithstanding, premature infants suffer from disorders and complications that are caused due to underdeveloped immunity and immaturity of organs. Therefore, neonates and pediatric patients require constant monitoring of critical health parameters such as Incubators, Neonatal Ventilators, Resuscitators, Blood Pressure Monitors, Pulse Oximeter, Capnographs, Phototherapy Equipment and others.

Pulse Oximeter holds the largest market share because it’s routinely used to monitor an infant's oxygen level during a procedure or treatment. It is also helpful in determining an infant's heart lungs are healthy and identifying infants with low levels of oxygen in newborn baby blood who may have severe CHD. Furthermore, blood pressure monitoring is essential in managing hemodynamically unstable neonates and preterm infants. Non-invasive blood pressure measurement (NIBP) with oscillometric technique is widespread use in the Neonatal Intensive Care Units (NICUs).

COVID-19 Impact on Neonatal Intensive Care Market


Globally, the COVID-19 pandemic has disturbed health systems; pandemic-associated disruptions are increasing neonatal mortality. Sick and small newborn care is relatively new in global health and has not been included in international assessments of health service disruptions. Keeping mothers and newborns together is an essential aspect of attentive care and is particularly under threat during the pandemic.

Global Neonatal Intensive Care Unit Market Size was US$ 6.8 Billion in 2021


Worldwide, North America runs the neonatal incentive care industry by its massive demand for technologically advanced products that ensure better healthcare delivery for neonates. The value-based healthcare design has led to the development of well-equipped neonatal incentive care centres along with a rising number of approvals for neonatal critical care equipment from the FDA. For instance, U.S. Food and Drug Administration (FDA) approved Masimo's use of its O3 Regional Oximetry on neonatal patients in June 2019.

Within the Asia Pacific, the growth of the market for neonatal critical care is attributed to the high number of new births and an increase in healthcare expenditure in the region. In addition, increasing government regulatory policy in developing countries such as India has established a strong desire for neonatal critical care equipment and pediatric healthcare facilities.

Key Industry Players


The competitive landscape indicates a consolidated nature of the neonatal intensive care market. Philips, Becton, Dickinson and Company (BD), Teleflex Incorporated and Utah Medical Inc are significant players in the NICU market. A diversified product portfolio and a clear focus on producing highly advanced tools for NICU are adopted by these players for dominance in the global market.

This report “Neonatal Intensive Care Market, Global Forecast By Products (Incubators, Neonatal Ventilators, Resuscitators, Blood Pressure Monitors, Pulse Oximeter, Capnographs, Phototherapy Equipment and others), Geographical Region ( North America, Europe, Asia-Pacific and ROW), Company (Philips, Becton, Dickinson& Company (BD), Teleflex Incorporated and Utah Medical Inc)” provides a detailed analysis of Global Neonatal Intensive Care Industry.

Products - Neonatal Intensive Care Market


1. Incubators
2. Neonatal Ventilators
3. Resuscitators
4. Blood Pressure Monitors
5. Pulse Oximeter
6. Capnographs
7. Phototherapy Equipment
8. Others

Global and National Regulatory Policy


1. India
2. Europe
3. United States

Geographical Region - Global Neonatal Intensive Care Market


1. North America
2. Europe
3. Asia Pacific
4. Rest of World

All key players have been covered from 3 viewpoints

  • Overview
  • Recent Development
  • Financial Insight

Company Analysis


1. Philips
2. Becton, Dickinson and Company (BD)
3. Teleflex Incorporated
4. Utah Medical Inc
Frequently Asked Questions about the Global Neonatal Intensive Care Market

What is the estimated value of the Global Neonatal Intensive Care Market?

The Global Neonatal Intensive Care Market was estimated to be valued at $6.8 Billion in 2021.

What is the growth rate of the Global Neonatal Intensive Care Market?

The growth rate of the Global Neonatal Intensive Care Market is 6.5%, with an estimated value of $9.9 Billion by 2027.

What is the forecasted size of the Global Neonatal Intensive Care Market?

The Global Neonatal Intensive Care Market is estimated to be worth $9.9 Billion by 2027.

Who are the key companies in the Global Neonatal Intensive Care Market?

Key companies in the Global Neonatal Intensive Care Market include Philips, Becton, Dickinson and Company (BD) and Utah Medical Inc.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Philips
  • Teleflex Incorporated
  • Utah Medical Inc

1. Introduction2. Executive Summary3. Research Methodology
4. Market Dynamics
4.1 Market Drivers
4.2 Market Restraints
5. Global Neonatal Intensive Care Market
6. Market Share – Global Neonatal Incentive Care
6.1 By Products
6.2 By Geographical Region
7. Products – Neonatal Incentive Care Market
7.1 Incubators
7.2 Neonatal Ventilators
7.3 Resuscitators
7.4 Blood Pressure Monitors
7.5 Pulse Oximeter
7.6 Capnographs
7.7 Phototherapy Equipment
7.8 Others
8. Global and National Regulatory Policy
8.1 India
8.2 Europe
8.3 United States
9. Geographic Region - Global Neonatal Market
9.1 North America
9.2 Europe
9.3 Asia Pacific
9.4 Rest of World
10. Porters Five Forces
10.1 Overview
10.2 Bargaining Power of Buyers
10.3 Bargaining Power of Suppliers
10.4 Degree of Competition
10.5 Threat of New Entrants
10.6 Threat of Substitutes
11. Company Analysis
11.1 Philips
11.1.1 Overview
11.1.2 Business Strategy
11.1.3 Financial Insight
11.2 Becton, Dickinson and Company (BD)
11.2.1 Overview
11.2.2 Business Strategy
11.2.3 Financial Insight
11.3 Teleflex Incorporated
11.3.1 Company Overview
11.3.2 Business Strategy
11.3.3 Financial Insight
11.4 Utah Medical Inc.
11.4.1 Company Overview
11.4.2 Business Strategy
11.4.3 Financial Insight
List Of Figures:
Figure-01: Global Neonatal Intensive Care Market (Million US$), 2016 – 2021
Figure-02: Forecast for – Global Neonatal Intensive Care Market (Million US$), 2022 – 2027
Figure-03: Products – Incubators Market (Million US$), 2016 – 2021
Figure-04: Products – Forecast for Incubators Market (Million US$), 2022 – 2027
Figure-05: Products – Neonatal Ventilators Market (Million US$), 2016 – 2021
Figure-06: Products – Forecast for Neonatal Ventilators Market (Million US$), 2022 – 2027
Figure-07: Products – Resuscitators Market (Million US$), 2016 – 2021
Figure-08: Products – Forecast for Resuscitators Market (Million US$), 2022 – 2027
Figure-09: Products – Blood Pressure Monitors Market (Million US$), 2016 – 2021
Figure-10: Products – Forecast for Blood Pressure Monitors Market (Million US$), 2022 – 2027
Figure-11: Products – Pulse Oximeter Market (Million US$), 2016 – 2021
Figure-12: Products – Forecast for Pulse Oximeter Market (Million US$), 2022 – 2027
Figure-13: Products – Capnographs Market (Million US$), 2016 – 2021
Figure-14: Products – Forecast for Capnographs Market (Million US$), 2022 – 2027
Figure-15: Products – Phototherapy Equipment Market (Million US$), 2016 – 2021
Figure-16: Products – Forecast for Phototherapy Equipment Market (Million US$), 2022 – 2027
Figure-17: Products – Others Market (Million US$), 2016 – 2021
Figure-18: Products – Forecast for Others Market (Million US$), 2022 – 2027
Figure-19: North America – Neonatal Market (Million US$), 2016 – 2021
Figure-20: North America – Forecast for Neonatal Market (Million US$), 2022 – 2027
Figure-21: Europe – Neonatal Market (Million US$), 2016 – 2021
Figure-22: Europe – Forecast for Neonatal Market (Million US$), 2022 – 2027
Figure-23: Asia Pacific – Neonatal Market (Million US$), 2016 – 2021
Figure-24: Asia Pacific – Forecast for Neonatal Market (Million US$), 2022 – 2027
Figure-25: Rest of World – Neonatal Market (Million US$), 2016 – 2021
Figure-26: Rest of World – Forecast for Neonatal Market (Million US$), 2022 – 2027
Figure-27: Philips – Global Revenue Market (Million US$), 2016 – 2021
Figure-28: Philips – Forecast for Global Revenue Market (Million US$), 2022 – 2027
Figure-29: Becton, Dickinson and Company (BD) – Global Revenue Market (Million US$), 2016 – 2021
Figure-30: Becton, Dickinson and Company (BD) – Forecast for Global Revenue Market (Million US$), 2022 – 2027
Figure-31: Teleflex Incorporated – Global Revenue Market (Million US$), 2016 – 2021
Figure-32: Teleflex Incorporated – Forecast for Global Revenue Market (Million US$), 2022 – 2027
Figure-33: Utah Medical Inc. – Global Revenue Market (Million US$), 2016 – 2021
Figure-34: Utah Medical Inc. – Forecast for Global Revenue Market (Million US$), 2022 – 2027
List Of Tables:
Table-01: Global – Neonatal Market Share by Products (Percent), 2016 – 2021
Table-02: Global – Forecast for Neonatal Market Share by Products (Percent), 2022 – 2027
Table-03: Global – Neonatal Market Share by Geographical Region (Percent), 2016 – 2021
Table-04: Global – Forecast for Neonatal Market Share by Geographical Region (Percent), 2022 – 2027
Note: Product cover images may vary from those shown
  • Philips
  • Becton, Dickinson and Company (BD)
  • Teleflex Incorporated
  • Utah Medical Inc
Note: Product cover images may vary from those shown

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
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Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

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