Neonatal Infant Care Equipment Market (1)
                     Neonatal Infant Care Equipment Market Size, Share, Outlook, and Opportunity 
Analysis, 2020 - 2027
Neonates or newly born infants require special assistance and/or monitoring due to 
medical conditions such as low birth weight and premature birth. In order to ensure
proper care and healthy development, these infants are placed in a special ward and
given care, which is referred to as neonatal care. Neonatal equipment comprise 
devices and equipment used in a neonatal intensive care unit (NICU), pediatric 
intensive care unit (PICU), or outside to take proper care of newly born infants.
The global neonatal infant care equipment market is estimated to account for US$ 
3,330.5 Mn in terms of value by the end of 2027.
Browse Summary of the Research 
Report-https://www.coherentmarketinsights.com/market-insight/pharmaceutical-lab-
equipment-market-3661
Increasing incidences of preterm births and corresponding efforts to increase their
survival rates is expected to boost growth of the global neonatal infant care 
equipment market over the forecast period. For instance, according to March of 
Dimes 2019 report card, the preterm birth rate in the U.S. reached 10.02% in 2018 
from 9.63% in 2015.
Increasing population is also expected to boost growth of the market. For instance,
according to projections by Population Reference Bureau (PRB) included in the 2018 
World Population Data Sheet, the world population is expected to reach 9.9 billion 
by 2050, up 2.3 billion or 29% from an estimated 7.6 billion people in 2018.
North America region held dominant position in the global neonatal infant care 
equipment market in 2019, accounting for 37.8% share in terms of value, followed by
Europe.
Decreasing birth rates in some economies is expected to hinder growth of the global
neonatal infant care equipment market over the forecast period. For instance, 
according to National Vital Statistics System, the provisional number of births for
the U.S. in 2018 was 3,788,235, registering a decrease of 2% from 2017 and the 
lowest number of births in 32 years. Moreover, high prices of products is also 
expected to hinder growth of the market. High prices of products such as brain 
monitoring devices and ventilators has restricted their adoption in developing 
regions. However, companies are focused on developing cost efficient products
Public and private initiatives to support neonatal infant care are expected to 
offer lucrative growth opportunities for players in the market. For instance, in 
January 2020, The Great Orchestra of Christmas Charity foundation collected US$ 
42.28 million for purchases of medical equipment for neonatal wards in 
Poland.Moreover, approval of aircraft for transporting neonatal patients is also 
expected to aid in growth of the market. For instance, in March 2020, Kazan 
Helicopters received permission from Rosaviatsiya (the Russian Federal Air 
Transport Agency) to equip Ansat helicopters with a special module for transporting
neonatal patients.
Phototherapy Equipment segment in the global neonatal infant care equipment market 
was valued at US$ 502.4 Mn in 2019 and is expected to reach US$ 946.0 Mn by 2027 at
a CAGR of 8.2% during the forecast period.Hypothermia is common in infants born at 
hospitals, which is expected to lead to high demand for neonatal infant care 
equipment. For instance, according to the study, ‘Neonatal hypothermia and 
associated factors among neonates admitted to neonatal intensive care unit of 
public hospitals in Addis Ababa, Ethiopia’, published in August 2018, the 
prevalence of neonatal hypothermia in the study area was 64%.
The prevalence of neonatal jaundice is high worldwide. For instance, according to 
the study, ‘The prevalence of neonatal jaundice and risk factors in healthy term 
neonates at National District Hospital in Bloemfontein’, published in April 2018, 
in the African Journal of Primary Health Care & Family Medicine, the prevalence of 
neonatal jaundice was 55.2% in the study population.
Major players operating in the global neonatal infant care equipment market GE 
Healthcare, Koninklijke Philips N.V., Medtronic plc, Drägerwerk AG & Co. KgaA, 
Natus Medical Incorporated, Pluss Advanced Technologies Pvt. Ltd., Weyer GmbH, 
Fisher & Paykel Healthcare Limited, BabyBloom Healthcare BV, Novos Medical Systems,
Medical Technology Transfer and Services Asia (MTTS Asia), Inspiration Healthcare 
Group plc, and Fanem Ltda.
Major players in the market are focused on launching new products to expand their 
product portfolio. For instance, in November 2019, GINEVRI srl, an Italy-based 
manufacturer of medical equipment and solutions for neonatal care, demonstrated its
range of neonatal incubators and warmers at MEDICA, an annual medical technology 
trade fair, held in Germany Similarly, in November 2019, Rober, a U.K.-based 
manufacturer of ‘zero pressure’ technology, launched a new pediatric mattress at 
MEDICA 2019.
Request A Sample Copy - https://www.coherentmarketinsights.com/insight/request-
sample/3661
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm 
offering action-ready syndicated research reports, custom market analysis, 
consulting services, and competitive analysis through various recommendations 
related to emerging market trends, technologies, and potential absolute dollar 
opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]
***********************************************************************************
****************************************