Fetal (Labor & Delivery) & Neonatal Care Equipment Market Insights:
The Fetal (Labor & Delivery) & Neonatal Care Equipment Market size was valued at USD 8.94 Billion in 2022, expecting a CAGR of 5.6% during the forecast period (2023-2030), and the market is projected to be worth USD 13.82 Billion by 2030.
Driver:
The increased adoption of Fetal (Labor & Delivery) & Neonatal Care Equipment in the Medical Devices industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Fetal (Labor & Delivery) & Neonatal Care Equipment also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Fetal (Labor & Delivery) & Neonatal Care Equipment in many sectors also boosts the market growth during the forecast period.
Fetal and neonatal care equipment refers to a range of medical devices used to monitor and care for new-borns and fetuses during labor, delivery, and in the neonatal intensive care unit (NICU). These devices are designed to provide accurate and timely information about the baby’s health and to assist healthcare providers in providing appropriate care. Fetal and neonatal care equipment is essential in providing quality care for new-borns and fetuses. Healthcare providers use these devices to ensure the safety and health of babies during labor, delivery, and in the NICU.
Fetal (Labor & Delivery) & Neonatal Care Equipment Market Research Report” was just released by Market Research Community. It is divided into several categories, including By Products (Fetal Care Equipment, Neonatal Care Equipment, Neonatal Ventilators, Neonatal Monitoring Devices), By End Use (Hospitals, Diagnostic Centers, Clinics, Others), and companies (GE Healthcare, Becton, Dickinson and Company, Masimo Corporation, Philips Healthcare, Medtronic plc, and Drägerwerk AG & Co. KGaA), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 5.6%, over the forecast period of 2023–2030.
Report Coverage:
Report Attributes | Report Details |
Study Timeline | 2017-2030 |
Market Size in 2030 (USD Billion) | 13.82 Billion |
CAGR (2023-2030) | 5.6% |
By Products | Fetal Care Equipment, Neonatal Care Equipment, Neonatal Ventilators, Neonatal Monitoring Devices |
By End Use | Hospitals, Diagnostic Centers, Clinics, Others |
By Geography | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Key Players | GE Healthcare, Becton, Dickinson and Company, Masimo Corporation, Philips Healthcare, Medtronic plc, and Drägerwerk AG & Co. KGaA. |
Covid-19 Impact:
The COVID-19 pandemic has had a substantial negative influence on the Fetal (Labor & Delivery) & Neonatal Care Equipment market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
GE Healthcare, Becton, Dickinson and Company, Masimo Corporation, Philips Healthcare, Medtronic plc, and Drägerwerk AG & Co. KGaA
Market Segment Analysis:
By Products
- Fetal Care Equipment
- Ultrasound Devices
- Fetal Dopplers
- Fetal MRI Systems
- Fetal Monitors
- Fetal Pulse Oximeters
- Neonatal Care Equipment
- Infant Warmers
- Incubators
- Convertible Warmers & Incubators
- Phototherapy Equipment
- Respiratory Devices
- Neonatal Ventilators
- Continuous Positive Airway Pressure (CPAP) Devices
- Oxygen Analyzers & Monitors
- Resuscitators
- Others
- Neonatal Monitoring Devices
- Blood Pressure Monitors
- Cardiac Monitors
- Pulse Oximeters
- Capnography
- Integrated Monitoring Devices
By End Use
- Hospitals
- Diagnostic Centers
- Clinics
- Others
Region
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2022, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Fetal (Labor & Delivery) & Neonatal Care Equipment industries in the region.
Key Fetal (Labor & Delivery) & Neonatal Care Equipment Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Fetal (Labor & Delivery) & Neonatal Care Equipment Market segments.
– Largest Market Share Held by Industry to Industry for Fetal (Labor & Delivery) & Neonatal Care Equipment
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Fetal (Labor & Delivery) & Neonatal Care Equipment Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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Research Methodology
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