Neonatal Intensive Care Market size is expected to reach US$ 9.05 Bn. by year 2029 at a CAGR of 7.1% during the forecast period.
Neonatal Intensive Care Market Overview
The Neonatal Intensive Care Market Report covers a detailed analysis of micro and macro market trends, pricing analysis, and short-term market. The Neonatal Intensive Care market is sourced from both primary and secondary sources, considering all possible factors tht could influence the Neonatal Intensive Care Market. The report covers future trends that are expected to drive the Neonatal Intensive Care market growth.
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Neonatal Intensive Care Market Report Scope and Research Methodology
The Neonatal Intensive Care market data is sourced from both primary and secondary data considering all possible factors that could influence the market. The research is validated through primary research and evaluated to provide valuable insights. The market size for both top-level markets and sub-segments is adjusted for inflation, economic downturns, regulatory and policy changes, and other variables to ensure an accurate market forecast. To estimate the market size and forecasts, a bottom-up approach and multiple data triangulation methodologies are employed. The country-wise analysis of the overall Neonatal Intensive Care market and sub-segment is based on the percentage adoption or utilization of the given market size in the respective region or country. The major players in the market are identified through secondary research based on indicators such as market revenue, price, services offered, advancements, mergers and acquisitions, and joint ventures. The competitive analysis of key players by price, financial position, growth strategies, and regional presence in the Neonatal Intensive Care Market is also presented.
Neonatal Intensive Care Market Dynamics
According to recent statistical data, around 11% of the total pregnancies result in premature or early deliveries. In the U.S. alone around 450,000 babies are born prematurely and globally over 15 million new births are early or premature. Increasing rates of maternal obesity, advanced maternal ages, diabetes, multiple births (twins and higher), assisted reproductive techniques, and opiate addiction is the reasons for preterm birth. Hence, this leads to the expansion of pediatric clinics and neonatal intensive care units globally. Rising awareness about neonatal care and technological advancements being made for neonatal care devices also contribute to the market growth. However, expensive neonatal care, decreasing birth rate, and poor accessibility of neonatal care in some underdeveloped and developing economies may restrain the market growth. In May 2021, Dragerwerk AG & Co. KGaA launched Babylog VN600 and VN800 ventilators for premature babies. This product launch will help the company in broadening its customer base with product portfolio expansion.
Neonatal Intensive Care Market Regional Insights
The Neonatal Intensive Care market has experienced various trends, which have impacted its growth and trajectory. This trends include the increasing popularity and product innovation and market expansion. The report provides a comprehensive overview of the current global spicy dairy products market, with a focus on major producing regions.The analysis of dynamics and the Neonatal Intensive Care market size has been provided at regional and global levels.
Neonatal Intensive Care Market Segmentation
by Product type
Neonatal Incubators
Neonatal Phototherapy Equipment
Ventilators
Neonatal Monitoring devices
by End users
Hospitals
Nursing Homes
Pediatric & Neonatal Clinics
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Neonatal Intensive Care Market Key Players
1. Medtronic plc
2. C. R. Bard, Inc.
3. Becton, Dickinson and Company
4. Cook Medical
5. Teleflex Incorporated
6. B. Braun Melsungen AG
7. GE Healthcare
8. Digicare Biomedical Technologies Inc
9. Philips
10.Phoenix medical Systems
11.Novos Medical Systems
12.Dragerwerk AG & Co. KGaA
13.Fisher & Paykel Healthcare corporation Limited
14.Smith’s Group plc
15.Utah Medical Products Inc
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- What is Neonatal Intensive Care ?
- What was the Neonatal Intensive Care market size in 2022?
- What are the global trends in the Neonatal Intensive Care Market?
- What are the major challenges that the Neonatal Intensive Care Market could face in the future?
- How is the intervention from regulatory authority is shaping the Neonatal Intensive Care Market?
- What growth strategies are the players considering to increase their presence in Automotive Relay Market?
- Who held the largest market share in the Neonatal Intensive Care Market?
- Which regional Neonatal Intensive Care market is expected to grow rapidly during the forecast period?
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Key Offerings:
- Market Overview
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Regional Insights
- Market Segmentation – A detailed analysis of segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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