Fetal and Neonatal Care Equipment Market Dynamics, Segments and Supply Demand 2017-2022
Orbis Research Monday, March 13th, 2017
The global prenatal and neonatal market has been estimated at USD XX billion in 2016 and is projected to reach USD XX billion by 2021, growing at a CAGR of XX % during the forecast period from 2016 to 2021. Fetal and neonatal equipment are mostly used to monitor, evaluate and treat diseases in the prenatal and postnatal stages of infants. Global Fetal and Neonatal Care Equipment Market-Market Dynamics
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Premature and congenitally ill infants are born as a result of advanced maternal age, induced fertility, labor treatments, poor prenatal care, and changes in lifestyle preferences. Various disorders like anemia, bronchopulmonary dysplasia, intra- ventricular hemorrhage are diagnosed at the time of birth and this helps in the growth of the fetal and neonatal care market. The report details several factors driving and restraining the market. In addition, various opportunities and challenges for the market players are also discussed. Some of these are listed below.
Drivers The global fetal and neonatal care market is driven by various factors like: Rising incidence of preterm birth Increasing awareness of prenatal and neonatal care Increased demand for prenatal therapeutics, diagnostics, and monitoring devices Government initiatives to provide better care for prenatal and neonatal infants
Restraints The low birth rates in developed countries and the presence of a highly fragmented market are restraining the market growth. Opportunities and Challenges The growing popularity of fetal MRI, technological innovations and the high demand for portable and versatile systems are some of the opportunities for the market players. However, they face the challenges of increasing product recalls and lack of awareness and economic constraints in developing countries. The global prenatal and neonatal market can be segmented into prenatal and fetal equipment, neonatal equipment and others. The prenatal and fetal equipment is further segmented into ultrasound and ultrasonography devices, fetal Dopplers, fetal Magnetic Resonance Imaging( MRI), and fetal monitors. Based on neonatal equipment, the market is further segmented into infant warmers and incubators, phototherapy equipment, neonatal monitoring devices, and respiratory assistance and monitoring devices. Based on geographical location, the fetal and neonatal market can be divided into North America( USA, Canada and Mexico), Europe( France, UK, Germany, Spain, Portugal, Scandinavia, Russia, and Italy), Asia-Pacific( India, China, Japan,
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