Neonatal Care Equipment Market worth $ 8.4 billion by 2023 – Exclusive Report by MarketsandMarkets™

Neonatal Care Equipment Market - (Ultrasound, Doppler, Fetal Monitors (Intrapartum, Antepartum), Warmer, Incubator, Pulse Oximeter, Phototherapy Devices, Ventilator, MRI, CPAP, Capnograph, Resuscitator)-Global Forecast to 2023" The global fetal and neonatal care equipment market is projected to reach USD 8.4 billion by 2023 from USD 6.4 billion in 2018, at a CAGR of 5.7% during the forecast period Growth in the global fetal and neonatal care equipment market is mainly driven by the huge patient population of preterm and low-weight birth babies in both developed and developing markets, inflow of technologically advanced products, rising awareness across developing nations, and growing number of NICU admissions.

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Browse in-depth TOC on "Neonatal Care Equipment Market”
183 – Tables
31 – Figures
206 – Pages

Incubators segment to dominate the overall neonatal care equipment market in 2018
The neonatal care equipment segment comprises infant warmers, incubators, convertible warmers & incubators, phototherapy equipment, respiratory devices, and neonatal monitoring devices. The incubators segment is expected to account for the largest share in the global neonatal care equipment market in 2018. The development of novel neonatal incubators and availability of MRI-compatible incubators in the market is a key driver of market growth. However, market growth is hindered due to the high cost of incubators (up to USD 20,000 per unit) and increasing home deliveries in developing countries.
The fetal dopplers is expected to be the fastest-growing product segment in the fetal care equipment market during the forecast period
Based on type of product, the fetal care equipment segment is further categorized into, ultrasound devices, fetal doppler, fetal magnetic resonance imaging (MRI) systems, fetal monitors (further classified into antepartum/external fetal monitors and intrapartum/internal fetal monitors), and fetal pulse oximeters. The fetal dopplers segment is expected to register the highest growth rate during the forecast period. The growing demand for digital Dopplers over conventional Dopplers and increasing launches of home-use products are some of the key factors propelling market growth of the fetal Dopplers market
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North America to dominate the fetal and neonatal care equipment market in 2018
Geographically, the fetal and neonatal care equipment market is segmented into North America (US and Canada), Europe (Germany, France, the UK, and the Rest of Europe), Asia Pacific (China, Japan, India, and the Rest of Asia Pacific), and the Rest of the World (RoW). North America is expected to account for the largest share of the overall fetal and neonatal care equipment market in 2018 followed by Europe. The large share of North America can be attributed to the high premature birth rate in the region, presence of good reimbursement structure, and the availability of well-equipped NICU centers
Key Market Players
Some of the prominent players in the fetal and neonatal care equipment are GE Healthcare (U.K.), Philips Healthcare (Netherlands), Drägerwerk AG & Co. KGaA (Germany), Medtronic plc (Ireland), and Masimo Corporation (U.S.).

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Neonatal Care Equipment Market worth $ 8.4 billion by 2023 – Exclusive Report by MarketsandMarkets™ Neonatal Care Equipment Market - (Ultrasound, Doppler, Fetal Monitors (Intrapartum, Antepartum), Warmer, Incubator, Pulse Oximeter, Phototherapy Devices, Ventilator, MRI, CPAP, Capnograph, Resuscitator)-Global Forecast to 2023" The global fetal and neonatal care equipment market is projected to reach USD 8.4 billion by 2023 from USD 6.4 billion in 2018, at a CAGR of 5.7% during the forecast period Growth in the global fetal and neonatal care equipment market is mainly driven by the huge patient population of preterm and low-weight birth babies in both developed and developing markets, inflow of technologically advanced products, rising awareness across developing nations, and growing number of NICU admissions. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=412 Browse in-depth TOC on "Neonatal Care Equipment Market” 183 – Tables 31 – Figures 206 – Pages Incubators segment to dominate the overall neonatal care equipment market in 2018 The neonatal care equipment segment comprises infant warmers, incubators, convertible warmers & incubators, phototherapy equipment, respiratory devices, and neonatal monitoring devices. The incubators segment is expected to account for the largest share in the global neonatal care equipment market in 2018. The development of novel neonatal incubators and availability of MRI-compatible incubators in the market is a key driver of market growth. However, market growth is hindered due to the high cost of incubators (up to USD 20,000 per unit) and increasing home deliveries in developing countries. The fetal dopplers is expected to be the fastest-growing product segment in the fetal care equipment market during the forecast period Based on type of product, the fetal care equipment segment is further categorized into, ultrasound devices, fetal doppler, fetal magnetic resonance imaging (MRI) systems, fetal monitors (further classified into antepartum/external fetal monitors and intrapartum/internal fetal monitors), and fetal pulse oximeters. The fetal dopplers segment is expected to register the highest growth rate during the forecast period. The growing demand for digital Dopplers over conventional Dopplers and increasing launches of home-use products are some of the key factors propelling market growth of the fetal Dopplers market Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=412 North America to dominate the fetal and neonatal care equipment market in 2018 Geographically, the fetal and neonatal care equipment market is segmented into North America (US and Canada), Europe (Germany, France, the UK, and the Rest of Europe), Asia Pacific (China, Japan, India, and the Rest of Asia Pacific), and the Rest of the World (RoW). North America is expected to account for the largest share of the overall fetal and neonatal care equipment market in 2018 followed by Europe. The large share of North America can be attributed to the high premature birth rate in the region, presence of good reimbursement structure, and the availability of well-equipped NICU centers Key Market Players Some of the prominent players in the fetal and neonatal care equipment are GE Healthcare (U.K.), Philips Healthcare (Netherlands), Drägerwerk AG & Co. KGaA (Germany), Medtronic plc (Ireland), and Masimo Corporation (U.S.). Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=412 Browse Adjacent Market: 3D Bioprinting Market Research Reports & Consulting Related Reports: Skin Health Foods Market / Dermatology Functional Foods Market by Indication (Skin Conditions, Anti-Aging, Anti-Allergy), Region (North America, Europe, Asia Pacific, Rest of the World), Regulatory Landscape, Pricing Analysis, COVID-19 Impact - Global Forecast to 2026 About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: [email protected] Research Insight: https://www.marketsandmarkets.com/ResearchInsight/medical-waste-management-market.asp Visit Our Website: https://www.marketsandmarkets.com/ Content Source: https://www.marketsandmarkets.com/PressReleases/medical-waste-management.asp
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