Fetal and Neonatal Care Equipment Market Demands and Growth Prediction 2018 to 2026

Fetal and Neonatal Care Equipment Market
Demands and Growth Prediction 2018 to 2026
Fetal and Neonatal Care Equipment Market, Product Type (Fetal Care
Equipment (Ultrasound Devices, Fetal MRI Systems, Fetal Monitors, Fetal Pulse
Oximeters and Fetal Doppler) and Neonatal Care Equipment (Infant Warmers,
Incubators, Phototherapy Equipment, Respiratory Devices and Neonatal
Monitoring Devices)), and By End User (Hospitals and Home Care Settings and
Others) - Global Trends, and Forecast to 2025
The Global Fetal and Neonatal Care Equipment Market is estimated to be valued at US$ 7,279.5
million in 2017 and is expected to witness a CAGR of 7.4% over the forecast period (2017 – 2025).
Fetal monitoring is required to constantly monitor health of the unborn baby and ensure a safe birth.
Equipment, which helps to assist in diagnosis, monitoring or treatment of newborn babies are neonatal
care equipment. Healthcare professionals perform fetal monitoring during pregnancy and labor, as that
process is crucial for keeping the mother and the child safe and healthy. Growth in fetal and neonatal
care equipment market is attributed to increasing rate of birth and preterm births.
Market Dynamics
Fetal and neonatal care is critical during and after pregnancy, as the fetus and neonates are prone to
infections and diseases, owing to low immunity. Therefore, regular diagnosis and monitoring is
essential. In emerging economies such as those in Africa, increasing number of at-home births results
in high mortality rate. According to NCBI data, 2015, Zambia is one of the sub-Saharan African
countries with a high maternal mortality ratio (MMR), and the demographic and health survey (DHS)
showed that the country’s MMR is 591 maternal deaths per 100,000 live births. Fetal and neonatal care
equipment manufacturers are focusing on offering high-end, home-based infant care and neonatal
solutions and this is expected to be one of the major factors driving growth of the market. For instance,
in February, 2017, Masimo received CE marking for Eve — a critical congenital heart disease (CCHD)
newborn screening application, for the Rad-97 Pulse CO-Oximeter. Eve is integrated with Masimo SET
Measure-through Motion and Low Perfusion pulse oximetry with a pre-ductal to post-ductal
synchronization algorithm designed to reduce calculation errors and in turn saving newborn lives.
Key players operating in the global fetal and neonatal care equipment market include Koninklijke
Philips N.V., General Electric Company, Medtronic plc, Dragerwerk AG & Co. KGaA, Fisher &
Paykel Healthcare Limited., FUJIFILM SonoSite, Inc., Masimo, Natus Medical Incorporated, Atom
Medical Corporation, and CooperSurgical Inc.
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Increasing government initiatives for fetal and neonatal care is expected for growth of the market
Various government and non-government organizations are actively taking initiatives to provide better
maternal and fetal care. Moreover, rise in number of problems during pregnancy due to high-blood
pressure, diabetes, preterm labor affects the fetus. So, fetal and neonatal care devices are routinely used
by gynecologist and obstetrics to examine fetal or babies’ health during labor and delivery. According
to National Institute of Health, Newborn screening programs across the U.S., screen four million
infants each year. This public health program detects treatable disorders in newborns, allowing
treatment to begin, often before symptoms or permanent problems.
Detailed Segmentation:
•Global Fetal and Neonatal Care Equipment Market, By Product Type:
•Fetal Care Equipment
•Ultrasound Devices
•Fetal MRI Systems
•Fetal Monitors
•Fetal Pulse Oximeters
•Fetal Doppler
•Neonatal Care Equipment
•Infant Warmers
•Incubators
•Phototherapy Equipment
•Respiratory Devices
•Neonatal Ventilators
•Continuous Positive Airway Pressure (CPAP) Devices
•Oxygen Analyzers and Monitors
•Resuscitators
•Others
•Neonatal Monitoring Devices
•Blood Pressure Monitors
•Cardiac Monitors
•Pulse Oximeters
•Capnographs
•Integrated Monitoring Devices
North America is expected to account for highest market share in the global fetal and neonatal care
equipment market, owing to the presence of a better reimbursement structure, development of wellequipped neonatal intensive care unit by hospitals. The Newborn Intensive Care Unit (NICU) at
Brigham and Women’s Hospital (BWH) is a 60-bed Level III newborn intensive care unit that provides
complex multidisciplinary care to more than 3,000 babies each year. Moreover, Asia Pacific is expected
to witness high growth in the global fetal and neonatal care equipment market. This is owing to
increasing incidences of premature births, high birth rates in countries such as India and China, and
increasing healthcare awareness are the factors boosting growth of the market in this region.
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Fetal monitoring is required to constantly monitor health of the unborn baby and ensure a safe birth. Equipment, which helps to assist in diagnosis, monitoring or treatment of newborn babies are neonatal care equipment.