Global Video Conferencing
Market Forecast and Trends
Global market growth in neonatal care is
expected to be driven by increased birth rates, hospital-acquired infections
among newborn and pregnant women. According to UNICEF, 60% of neonatal deaths
and 68% of perinatal deaths worldwide occur in Asia. Approximately 70% of
infant deaths are due to negligible care during the first month of birth.
However, lower birth rates among established countries and the presence of too
many fragmented players on the market are some of the factors expected to limit
the growth of the global fetal and neonatal care market in the forecast period.
Certain factors driving the growth of the
market include increasing preterm and low-weight births, growing technological
advancements in infant and maternal care products, and rising birth and
pregnancy complications due to sedentary lifestyles.
Global Neonatal Monitoring Equipment Market: Overview
Neonatal monitoring has been transformed
into a multidisciplinary field involving the unique integration of intelligence
from technology, design, medical science and social studies. Increased pressure
to leverage new technologies to provide cost-effective, more efficient and
safer neonatal care has made the neonatal intensive care unit (NICU) smarter.
Advances in monitoring technologies and
their increasing deployment in NICUs is a key factor enabling faster and easier
measurement of myriad physiological parameters in neonates. Current neonatal
monitors incorporate a number of features, including ECG recordings, oxygen
saturation over time, respiratory rate and air flow, and invasive arterial
Need for Monitoring Complications in Premature Neonates
Premature births have prevailed as the
main cause of infant mortality, which, in turn, has encouraged the World Health
Organization to improve and implement a plan of action to determine its adverse
health effects on newborn babies. According to the WHO, almost 3.1% of the
global burden of disease is due to premature birth, resulting in around 1.3
million cases of newborn mortality worldwide.
Global Neonatal Monitoring
Neonatal Monitoring Devices
Based on Neonatal Monitoring Devices, Global Neonatal
Monitoring Equipment Market is segmented into Blood Pressure Monitors, Cardiac
Monitors, Pulse Oximeters, Capnographs and Integrated Monitoring Devices. Pulse
oximetry is expected to grow significantly during the forecast period. Pulse
oximetry, a leading patient monitoring technology, provides safety for infants
and newborns in NICUs, while new advancements in-home monitoring allows vital
neonate data to be transmitted to smartphones. The Centers for Disease Control
and Prevention (CDC) has planned to screen newborns using pulse oximeters to be
beneficial and effective in identifying a number of life-threatening
Effective patient monitoring technology is highly bound to
effective respiratory care at current healthcare facilities in the world.
Global Neonatal Monitoring
Equipment Market: Regional Insights
Based on region, the global Neonatal Monitoring Equipment market
segmented into North America, Europe, Asia Pacific, Latin America, and Middle
East & Africa. North America is expected to dominate the global market for
neonatal care facilities in terms of value due to good policies for
reimbursement of diagnostic procedures, the availability of experts, and
well-equipped NICU (Neonatal Intensive Care Unit) centers. Increased
initiatives between private and government organizations, a neonatal care
awareness program, and an increase in the birth rate are expected to boost the
market growth in the Asia-Pacific region. Most of the important providers in
the global neonatal care equipment market are Blood Pressure Monitors, Pulse
Oximeters, Cardiac Monitors, Capnographs and Integrated Monitoring Devices.
The major players in the global Neonatal
Monitoring Equipment GE Healthcare, Fisher & Paykel Healthcare Limited, Philips
Healthcare, Atom Medical Corporation, Natus Medical Incorporated, Atom Medical
Corporation, Beijing Yei Shinhang Electronic Technology, BPL Limited, CRH
Medical, Dispomed Ltd., and Other prominent player.
2020: Philips announced its initiative to quickly scale production of its new
Philips Respironics E30 ventilator as a readily available ventilation
alternative during the COVID-19 crisis in situations where full-featured,
critical care ventilators are not available. Philips will begin production
immediately, ramping up outputs on an ongoing basis with expectations of
producing 15,000 units per week in April, 2020.
Ø March, 2019: GE announced
the completion of the sale of its BioPharma business to Danaher Corporation for
approximately $20 billion of net proceeds.
By Neonatal Monitoring Devices
Ø North America
Ø Asia Pacific
Ø Latin America
Ø Middle East &
The objective of the Study:
Ø To analyze and forecast the global Neonatal
Monitoring Equipment Market size of the market in terms of value.
Ø To examine the careful market segmentation and
forecast the market size, in terms of value, based on the region by segmenting.
Ø The Global Neonatal Monitoring Equipment Market
segmented into five regions, namely, North America, Europe, Asia Pacific, Latin
America, Middle East & Africa and their leading countries.
Ø To outline, categorized, and forecast the global Neonatal
Monitoring Equipment Market based on neonatal monitoring devices, and end-use.
Ø To examine competitive developments like
technological advancement, services, and regulative framework within the global
Neonatal Monitoring Equipment Market.
Ø To highlight the impact analysis of the factors
affecting the market dynamics such as drivers, restraints, opportunities, and
Ø To strategically profile the key players and
comprehensively analyze their market shares along with detailing the
competitive landscape for market leaders.