| A11849 | Pages: 237 | Jun 2021 | 3260 Views | ||
| Author(s) : Smita Nerkar , Onkar Sumant | Tables: 128 | Charts: 47 |
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Pandemic disrupted the entire world and affected many industries.
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Request Now !The global mother and child healthcare market was valued at $ 504.9 billion in 2020 and is projected to reach $ 1,795.9 billion by 2030 registering a CAGR of 13.7% from 2021 to 2030.
Mother and child healthcare is the health service provided to mothers (women in their child bearing age) and children. The targets for mother and child healthcare are all women in their reproductive age groups, such as, 15 to 49 years of age, children, school age population, and adolescents. Throughout the globe, particularly in developing countries, there is a rise in concern and interest in maternal and child health care.
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This commitment toward mother and child healthcare advanced further after the World Summit for Children, 1991, which gave serious consideration and outlined major areas to be addressed in the provision of maternal and child health care services. Furthermore, mothers and children make up to over 2/3 of the whole population. Women in reproductive age (15–49) constitute 21%, pregnant women, 4.5%, children under 15 (47%), children under 5 (18%), children under 3 (12%), and infants (4%.)
Increase in adoption of mother and child healthcare services is the major factor that propels the mother and child healthcare market growth. Moreover, willingness among parents to seek opinion from super-specialists drive growth of the mother and child healthcare market. However, problem of supplies (drugs, medicines) in remote areas are expected to restrain growth of the market. Moreover, increase in willingness among parents to seek opinion from super-specialists are anticipated to provide lucrative growth opportunities for market players.
The outbreak of COVID-19 has disrupted workflows in the healthcare sector across the world. The disease has forced a number of industries to shut their doors temporarily, including several sub-domains of healthcare. Moreover, there has also been a negative effect on various healthcare services, including the mother & child healthcare market. Owing to the pandemic, healthcare workers, equipment, and facilities have been moved to cope with the rising number of patients with COVID-19. The pandemic caused major impediments in pharmaceutical and medical supply chain globally. Although mortality rates for COVID-19 appear to be low in children and women of reproductive age, these groups might be affected out of proportions due to disarrayed routine health services, particularly in low-income and middle-income countries such as India. The fear of contracting virus at healthcare facilities, lack of trust in health system, and misinformation about source of disease creates breeding grounds that may reverse progress achieved in maternal and child health indicators. Public health measures, if not customized to country-specific scenarios, may lead to harm that is arguably greater than fatal effects of a pandemic. Understanding effects of the measures taken to curb a pandemic on maternal and child health and ensuring that essential health services are maintained while containing the pandemic is a real challenge emerging from this situation. National programs should continue dispensing core maternal and child services deemed essential to save lives, even while posed with the risk of COVID-19 transmission.
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The global mother and child healthcare market is segmented on the basis of services, maternal age, location, and region. On the basis of services, the market is categorized into pre-natal services, birthing services, post-natal services, and fertility services. By maternal age, it is classified into under 20, 21 to 30, 31 to 38, and 39 and above. By location, it is segmented into hospitals, nursing homes & clinics, in-home services, and online. The hospitals segment is further classified into under 20, 21 to 30, 31 to 38 and 39 & above. Moreover, the nursing homes & clinics segment is further categorized into under 20, 21 to 30, 31 to 38, and 39 & above. Furthermore, in-home services segment is further divided into under 20, 21 to 30, 31 to 38, and 39 & above. The online segment further divided into under 20, 21 to 30, 31 to 38 and 39 and above. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
By service, the mother and child healthcare market is divided into pre-natal services, birthing services, post-natal services, and fertility services. The post-natal services segment is anticipated to become the fastest-growing segment during the forecast period, owing to care offered in these services. For instance, care includes prevention, elimination, early detection, and cure of health complications (if any), counselling on breastfeeding, immunization, interactive session on importance of birth spacing, maternal nutrition, and others. Furthermore, after delivery, mother goes through many changes that can be physical and emotional while they learn to take care of their newborn. Therefore, postpartum or postnatal care involves getting proper rest, nutrition, and vaginal care for mother for a quicker recovery.
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Asia-Pacific is projected to account for a major share of the global mother and child healthcare market during the forecast period. The market in the region is anticipated to grow in the future, owing to shortage of facilities offering super-specialty care and growing willingness among parents to seek opinions from super-specialists and increasing availability of developed healthcare infrastructure & continuous research activities for development of advanced technologies and services in the region.
The key mother and child healthcare market players profiled in the report include APOLLO HOSPITALS ENTERPRISE LTD., Arrowhead Regional Medical Center, Carle Foundation Hospital, Christiana Care - Christiana Hospital, Cincinnati Children's Hospital, Cleveland Clinic Institutes, Ann & Robert Lurie Children's Hospital, Riley Hospital, King Faisal Specialist Hospital & Research Centre, Cloudnine Hospital, and Jorvi Hospital
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Key Benefits For Stakeholders
Key Market Segments
By Services
By Maternal Age
By Location
By Region
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Mother and child healthcare market growth includes increase in adoption of mother and child healthcare services, owing to increase in out-of-pocket expenses for pregnant women. Moreover, willingness among parents to seek opinion from super-specialists drive growth of the mother and child healthcare market. However, problem of supplies (drugs and medicines) in remote areas and mainly pregnant women in developing nations receive insufficient or no prenatal care and deliver without help from appropriately trained health care providers, which is expected to restrain growth of the market. Conversely, providing adequate number of resources and facilities would help in improving health of mother and child in coming years.
A. The total market value of Mother and child healthcare market is 504.9 million in 2020.
A. The forcast period for Mother and child healthcare market is 2021 to 2030
A. The market value of Mother and child healthcare market in 2021 is $566.0 million.
A. The base year is 2020 in Mother and child healthcare market
A. Top companies such as APOLLO HOSPITALS ENTERPRISE LTD., Arrowhead Regional Medical Center, Carle Foundation Hospital, Christiana Care - Christiana Hospital, Cincinnati Children's Hospital, Cleveland Clinic Institutes, Ann & Robert Lurie Children's Hospital, Riley Hospital, King Faisal Specialist Hospital & Research Centre, Cloudnine Hospital and Jorvi Hospital held a high market position in 2020.
A. Post-natal services is anticipated to become the fastest-growing segment during the forecast duration, owing to care offered in this services. For instance, care includes the prevention, elimination, early detection and cure of health complications (if any), counselling on breastfeeding, immunization, an interactive session on the importance of birth spacing, maternal nutrition, and others.
A. Increase prevalence of mother and child healthcare. Moreover, willingness among parents to seek opinion from super-specialists drive the growth of the mother and child healthcare market.
A. Maternal and child health services mainly focus on health issues concerning women, children and families, such as access to recommended prenatal and well-child care, infant and maternal mortality prevention, maternal and child mental health, newborn screening, child immunizations, child nutrition and services for children with special health care needs.
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