Global neonatal intensive care market expected to generate revenue of around USD 9.09 billion by end of 2024, growing at a CAGR of around 5.62% between 2018 and 2024. The neonatal intensive care market is segmented on the basis of product type including respiratory devices, infant warmers, convertible warmer & incubators, incubators, phototherapy equipment, neonatal monitoring devices, catheters, and others.
Neonatal Intensive Care Market
The report covers forecast and analysis for the neonatal intensive care market on a global and regional level. The study provides historical data from 2015 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the neonatal intensive care market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the neonatal intensive care market on a global level.
In order to give the users of this report a comprehensive view of the neonatal intensive care market, we have included competitive landscape and analysis of Porter’s Five Forces model in the market. The study encompasses a market attractiveness analysis, where product type, end-user, and regional segmentation are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments in the market, including acquisitions & mergers, new product type launch, agreements, partnerships, collaborations & joint ventures, research & development, regional expansion of major participants involved in the market on the global and regional basis.
The study provides a decisive view of the neonatal intensive care market by segmenting the market based on product type, end-user, and regions. All the segments have been analyzed based on present and future trends and the market are estimated from 2018 to 2024.
Based on product type, the neonatal intensive care market is segmented as infant warmers, incubators, convertible warmer & incubators, neonatal monitoring devices, respiratory devices, phototherapy equipment, catheters, and others. Based on end-user, the neonatal intensive care market is segmented as hospitals, child care clinics, and others.
Growing occurrences of premature births coupled with increased complications in newborns and the need to detect and monitor them are the major driving factors of neonatal intensive care market. High medical expenses associated with preterm birth; the risk of infant mortality even after using neonatal intensive care and lack of proper diagnosis to foresee the chances of preterm birth are factors that influence the market growth during the forecast period.
The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa with its further bifurcation into major countries including the U.S., Germany, France, the UK, China, Japan, India, and Brazil. This segment includes demand for neonatal intensive care market based on individual segment and applications in all the regions and countries.
The report also includes detailed profiles of end players such as Cook Medical, B. Braun Melsungen AG, C. R. Bard, Inc., Medtronic Plc, Teleflex Incorporated, and Becton, and Dickinson and Company, among others.
This report segments the global Neonatal Intensive Care Market as follows:
Global Neonatal Intensive Care Market: by Product Type
Global Neonatal Intensive Care Market: by End-User Channel
Global Neonatal Intensive Care Market: by Region