Neonatal Infant Care Market: Global Opportunity Analysis and Industry Forecast, 2020-2027
A08112 | Pages: NA | Feb 2021 | 49 Views | | |
Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Neonatal Infant Care Market: Global Opportunity Analysis and Industry Forecast, 2020-2027
Request Now !Neonatal birth also called as Preterm birth, is the condition when the baby is born means before 37 weeks of gestation. Neonatal care is the special care given to the premature born baby after the delivery for the first 4 weeks. Premature born baby usually has some health concerns like difficulty in breathing, gaining weight and require intensive medical care, hence are often kept in the neonatal intensive care unit (NICU). Equipment such as infant warmers & incubators, respiratory assistance & monitoring devices, phototherapy equipment and neonatal monitoring devices are used in providing intensive care and monitoring the baby. Neonatal infant care aims in assessment and evaluation of the infant as s/he transitions from intrauterine life to extra uterine life, providing a healthy and secure a safe environment to the infant and monitoring and comparison of the newborn baby thoroughly for normal versus abnormal functioning and potential treatment for maladies.Â
Technological advancements and innovations in 21st century, aimed at development of highly efficient instruments for effective infant care has proved to be significant for treatment of premature infants. Neonatal infant care units can be traced down to late nineteenth century.
Market scope and structure analysis:
Report Metric | Details |
 Market size available for years |  2019–2027 |
 Base year considered |  2019 |
 Forecast period |  2020–2027 |
 Forecast units |  Value ($) |
 Segments covered | Product types, Indications, Route of administration, Distribution channels and Region |
 Regions covered | •            North America (U.S., Canada, Mexico) •            Europe (France, Germany, UK, Italy, Spain, Rest of Europe) •            Asia-Pacific (Japan, China, India, Australia, South Korea, Rest         of Asia-Pacific) •            LAMEA (Brazil, South Arabia, South Africa, Rest of LAMEA) |
 Companies covered | Drägerwerk AG & Co. KGaA, Atom Medical Corp, Fisher & Paykel Healthcare Limited, GE Healthcare, Ibis Medical, Medtronic, International Biomedical, Koninklijke Philips N.V., Natus Medical Incorporated and Phoenix Medical Systems Pvt Ltd. |
Â
COVID – 19 scenario analysis: Â
- The COVID-19 pandemic has emerged as a humanitarian as well as economic crisis, creating strain on the society and affecting millions of people and businesses
- Industry closures and people are asked to stay in their homes which has cause taken a huge toll in terms of money and economic growth
- Over 4 million people affected globally, with 300 thousand losing their lives due to SARS-CoV-2
- Healthcare organizations are already working in battle mode, preparing new plans to respond growing COVID-19 patients, right from sourcing rapid diagnosing kits to sufficient PPE kits for workers
- Due to diversion of medical field towards treating COVID-19, the funding to R&D activities related to neonatal care has been reduced and this segment have to face negligence subsequently causing negative impact on neonatal infant care market
Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
Ever rising high birth rate in developing and developed countries, rising prevalence of premature births, increasing number of installations for NICU units, technological advancements in neonatal infant care devices owing to heavy investments in R&D activities and government initiatives to increase survival rates in neonatal incidences are the factors boosting the growth of this market.
As per the UN, maternal & infant care is a global priority, as around 800 women face fatalities per day owing to curable causes associated with pregnancy or childbirth. Rising concerns related to hospital-acquired infections and growing awareness about neonatal health & care devices owing to their efficacy and benefits is expected to propel the market growth
According to UNICEF (United Nations International Children's Emergency Fund) data, it was observed in 2017 that around 2.5 million children died in the first 4 weeks after birth worldwide. Adding to this, the preterm births followed by low weight in babies is a leading cause in acquiring various health concerns and hence make it essential to provide specialized care to the infant. This will further surge the demand for neonatal equipment and is expected to grow significantly in coming years.
However, presence of high entry barriers due to government compliances and regulations imposed by regulatory authorities, lack of technical skilled personnel, and poor accessibility toward neonatal care especially in the developing economies is restricting the growth of the neonatal infant care market.
Technological advancements in neonatal care industry to boost the growth
Technological advancements in neonatal care for infants have improved the quality of treatment and care provided over decades. However prematurity still is a serious health concern and ranks in the top 10 list of WHO for burden of deaths caused by diseases. Prematurity leads to deformation of organs, organ injury, particularly related with lungs and brain, and is responsible for 50% of perinatal mortality. Decent progress in the field of neonatal care has been made due to technological advancements resulting into higher survival rate for preterm infants has also been increased by the innovations in an infant incubator. Use of double-walled servo-controlled incubator, and enhanced mechanical ventilators ensuring better treatment and care than their predecessors has better yields and positive outcomes, thereby fueling the growth of neonatal infant care market.
Currently, technology integrated with artificial intelligence, computerization and machine learning has resulted into better health outcomes for the infants. Devices and equipment used comprises of built-in algorithms will help healthcare professionals minimizing the occurrence of errors and potential injuries to the infant. These advancements ensure a significant growth in this neonatal infant care market.
For instance, Apollo Cradle launched eNICU in India. The advanced product is fueled by cloud-based systems and aims to improve neonatal care that and ensured proficient management of doctor’s workflow.
Earlier in July 2016, RetCam ophthalmic imaging system was acquired by Natus Medical. This move was tactically a game changer for Natus Medical as it helped in the expansion of market and better product portfolio.
Increasing number of pediatric clinics and neonatal intensive care units to surge the market growth
Past few years saw drop in the growth of neonatal care market, as there was limited number of pediatric clinics and neonatal intensive care units and adding to this lack of accessibility to neonatal care in low-middle income countries. The lack of numbers of clinics resulted into lack of neonatal specialists and has pushed various multi-chain hospitals to open specialized pediatric clinics in various locations to improve access to neonatal clinics. For example, the Seattle Children’s Hospital in 2015, announced the opening of the regional clinic, Seattle Children’s South Clinic, in Pierce and South King counties. It aimed to provide better access to pediatric specialty clinicians and services. In addition, increase in the number of neonatal intensive care units in community hospitals and specialized neonatal clinics opened for service at various places has further increased the demand and use of devices used for neonatal infant care treatment and would further help the market grow significantly.
Key segments:
Segments | Sub-segments |
 Product type  |
|
 Technology |
 |
 End users |
 |
Â
Key benefits of the report:
- This study presents the analytical depiction of the global neonatal infant care industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global neonatal infant care market share.
- The current market is quantitatively analysed from 2020 to 2027 to highlight the global neonatal infant care market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the neonatal infant care market.
- The report provides a detailed global market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the Neonatal Infant Care Market research report:
- Who are the leading market players active in the neonatal infant care market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that will help in taking further strategic steps?
- Â
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
Access from any device, anywhere
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
REQUEST TOC/SAMPLE
Purchase Full Report of
Neonatal Infant Care Market: Global Opportunity Analysis and Industry Forecast, 2020-2027
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Featured Reports
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers