The neonatal & prenatal devices market is anticipated to mask a CAGR of 6.32% during the forecast period i.e. 2019-2027.

Neonatal & Prenatal Devices Market Analysis And Forecast To 2027

The neonatal & prenatal devicesmarket is anticipated to mask a CAGR of 6.32% during the forecast periodi.e. 2019-2027.

The global neonatal & prenataldevices market is segmented by prenatal care devices into ultrasound &ultrasonography, fetal dopplers, fetal MRI and fetal monitors; by neonatal caredevices into infant warmers & incubators, phototherapy equipment, neonatalmonitoring & respiratory assistance, monitoring devices and others; byend-user into hospitals, clinics, ASC and others and by regions. The neonatal & prenatal devices market is anticipated to mask a CAGR of 6.32% during the forecast periodi.e. 2019-2027.

Rising urbanization with increasingaware population regarding prenatal and neonatal health issues is estimated todrive the market considerably during the forecast period. Additionally,increasing demand for prenatal testing has persuaded the market players to comewith novel equipment to ensure a regular inflow of demand and to keep thecompetition from smaller players at bay. Leading market players making heavyinvestments in the production and manufacturing of equipment accompanied withentering into agreements with the healthcare centers is attributed to aid themarket growth across the globe.

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North America is estimated to induce asignificant growth in the market of neonatal and prenatal devices on the backof high awareness rate regarding the health of expecting mothers and thenewborns along with the presence of affirmative healthcare bylaws across theregion. Further, Europe is anticipated to display a budding growth on the backof increasing healthcare expenditure across the region accompanied withincreasing demand for monitoring devices owing to the rising number of workingpopulation. Asia Pacific is panned to follow North America market of neonataland prenatal devices on account of rising pregnant women receiving prenatalcare across the region which can be attributed to the increasing awareness andhealthcare expenditure.

Increasing demand for Prenatal andNeonatal Healthcare

Growing technological advancements,urbanization and rising working women population are some of the major factorsthat are attributed to boost the global shares of the neonatal & prenataldevices market over the forecast period. On account of increasing personaldisposable income around the globe and rising healthcare expenditure, thedemand for these devices is anticipated to increase in upcoming years. Further,the rising emphasis on maternal healthcare as well as increasing demand forprenatal diagnostics and therapeutics is estimated to accentuate the growth ofthe market rapidly across the globe.

However, the birth rates around theglobe are rapidly declining on the back of increasing focus on career amongwomen, rising government initiatives across developing nations to control thenumber of births as well as increasing adoption of sedentary lifestyle. Thesefactors are estimated to adversely impact the global neonatal and prenataldevices market over the forecast period.

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The report titled “Global Neonatal& Prenatal Devices Market: Global Demand Analysis & Opportunity Outlook2027” delivers detailed overview of the global neonatal & prenataldevices market in terms of market segmentation by prenatal care devices, byneonatal care devices, by end-user and by regions.

Further, for the in-depth analysis, thereport encompasses the industry growth drivers, restraints, supply and demandrisk, market attractiveness, BPS analysis and Porter’s five force model.

This report also provides the existingcompetitive scenario of some of the key players of the global neonatal &prenatal devices market which includes company profiling of Covidien PLC,CareFusion Corporation, Cooper Surgical Inc., Fisher & Paykel HealthcareLimited, FUJIFILM SonoSite Inc., GE Healthcare, Nonin Medical, Inc., NatusMedical Incorporated, Siemens Healthcare, Philips Healthcare and otherprominent players. The profiling enfolds key information of the companies whichencompasses business overview, products and services, key financials and recentnews and developments. On the whole, the report depicts detailed overview ofthe global neonatal & prenatal devices market that will help industryconsultants, equipment manufacturers, existing players searching for expansionopportunities, new players searching possibilities and other stakeholders toalign their market centric strategies according to the ongoing and expectedtrends in the future.     

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