Neonatal intensive care refers to new born human infant who are born premature and they are usually kept in the neonatal nursing units in the period of first four weeks. In order to ensure healthy development and proper care, these infants are kept in a special ward which is referred as neonatal intensive care unit.
Increase in incidences of premature birth and increase in awareness of prenatal and neonatal care across the globe is key driving factor which is expected to boost the global neonatal intensive care market growth. For instance, as per March of Dimes 2019 report card preterm birth rate in United State was reached from 9.63% (in 2015) to 10.02% (in 2018). Furthermore, increase in government investment for the betterment of prenatal and neonatal infant care, services will positively contribute the market growth. Also, increase in population is also expected to propel the growth of global neonatal intensive care market over the forecast period. Moreover, increase in availability of new vascular access catheters like antimicrobial and antithrombogenic catheters, and power injectable peripheral catheters will fuel the market growth. In addition to that, increase in demand for diagnostics monitoring devices as well as neonatal therapeutics will drive the market growth during this forecast period.
However, lack of technical products as well as skilled workforce is challenging factors for market which is expected to hinder the global neonatal intensive care market growth. Also, high entry barriers due to government compliances and regulations will affect the market growth during this analysis period.
Global Neonatal Intensive Care Market is segmented into product type such as Infant Warmers, Incubators, Neonatal Monitoring Devices Convertible Warmer and Incubators, Neonatal Monitoring Devices, Respiratory Devices, Phototherapy Equipment, Catheters, and Others, by application such as Medication Administration, Transfusion of Blood, Diagnostic Testing, and Feeding. Further, market is segmented into end user such as Hospitals, Clinics, and Ambulatory Surgical Centers.
Also, Global Neonatal Intensive Care Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as Medtronic, Smiths Medical, Utah Medical Products, Vygon Ltd, Becton, Dickinson and Company, B. Braun Melsungen AG, Teleflex Incorporated,, Angiodynamics, C. R. Bard, Inc, and Cook Medical.
Market Drivers
Increase in incidences of premature birth and increase in awareness of prenatal and neonatal care across the globe is key driving factor which is expected to boost the global neonatal intensive care market growth. For instance, as per March of Dimes 2019 report card preterm birth rate in United State was reached from 9.63% (in 2015) to 10.02% (in 2018). Furthermore, increase in government investment for the betterment of prenatal and neonatal infant care, services will positively contribute the market growth. Also, increase in population is also expected to propel the growth of global neonatal intensive care market over the forecast period. Moreover, increase in availability of new vascular access catheters like antimicrobial and antithrombogenic catheters, and power injectable peripheral catheters will fuel the market growth. In addition to that, increase in demand for diagnostics monitoring devices as well as neonatal therapeutics will drive the market growth during this forecast period.
Market Restraints
However, lack of technical products as well as skilled workforce is challenging factors for market which is expected to hinder the global neonatal intensive care market growth. Also, high entry barriers due to government compliances and regulations will affect the market growth during this analysis period.
Market Segmentation
Global Neonatal Intensive Care Market is segmented into product type such as Infant Warmers, Incubators, Neonatal Monitoring Devices Convertible Warmer and Incubators, Neonatal Monitoring Devices, Respiratory Devices, Phototherapy Equipment, Catheters, and Others, by application such as Medication Administration, Transfusion of Blood, Diagnostic Testing, and Feeding. Further, market is segmented into end user such as Hospitals, Clinics, and Ambulatory Surgical Centers.
Also, Global Neonatal Intensive Care Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Medtronic, Smiths Medical, Utah Medical Products, Vygon Ltd, Becton, Dickinson and Company, B. Braun Melsungen AG, Teleflex Incorporated,, Angiodynamics, C. R. Bard, Inc, and Cook Medical.
Market Taxonomy
By Product Type
- Infant Warmers
- Incubators
- Neonatal Monitoring Devices
- Convertible Warmer and Incubators
- Respiratory Devices
- Phototherapy Equipment
- Catheters
- Others
By Application
- Medication Administration
- Transfusion of Blood
- Diagnostic Testing
- Feeding
By End User
- Hospitals
- Clinics
- Ambulatory Surgical Centers
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Key Questions Addressed by the Report
- What are the Key Opportunities in Global Neonatal Intensive Care Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
Table of Contents
1 Introduction
2 Research Methodology
4 Global Neonatal Intensive Care Market Outlook
5 Global Neonatal Intensive Care Market, By Product Type
6 Global Neonatal Intensive Care Market, By Application
7 Global Neonatal Intensive Care Market, By End User
8 Global Neonatal Intensive Care Market, By Region
9 North America Neonatal Intensive Care Market Analysis and Forecast (2020-2027)
10 EuropeNeonatal Intensive Care Market Analysis and Forecast (2020-2027)
11 Asia Pacific Neonatal Intensive Care Market Analysis and Forecast (2020-2027)
12 Latin America Neonatal Intensive Care Market Analysis and Forecast (2020-2027)
13 Middle East Neonatal Intensive Care Market Analysis and Forecast (2020-2027)
14 Competitive Analysis
15 Company Profiles
Companies Mentioned
- Medtronic
- Smiths Medical
- Utah Medical Products
- Vygon Ltd
- Becton
- Dickinson and Company
- B. Braun Melsungen AG
- Teleflex Incorporated
- Angiodynamics
- C. R. Bard Inc
- Cook Medical.
