Market Insights
There is a surge in the number of cases of preterm birth due to the rise in cesarean births, premature rupture of the membrane, or any emergency event or life-threatening complication that caused it. Factors such as an increase in maternal age and a change in lifestyles, such as drinking or smoking, are leading causes of premature and congenital diseases.
Disorders such as anemia, intra-ventricular hemorrhage, bronchopulmonary dysplasia, transient tachypnea, and hyperbilirubinemia are diagnosed at birth, thus touting the important role of fetal and neonatal care equipment to diagnose, monitor, evaluate, and treat diseases in the prenatal and neonatal stages. Rising awareness and advancement in technology, along with demand and affordability, are the major drivers of market growth.
The report titled “Fetal and Neonatal Care Device Market: Growth, Future Prospects, and Competitive Analysis, 2016–2024” offers strategic insights into the overall fetal and neonatal care market, along with the market size and estimates for the duration of 2016–2024. The said research study covers an in-depth analysis of multiple market segments based on types of monitoring devices, equipment, and different geographies.
The monitoring device segments studied for analyzing the overall global fetal and neonatal market are majorly categorized into fetal monitors and neonatal monitoring devices. The fetal monitor’s segment is further sub-segmented into antepartum/external fetal monitors and intrapartum/internal fetal monitors. The neonatal monitoring devices market is further sub-segmented into blood pressure monitors, cardiac monitors, pulse oximeters, capnography, integrated monitoring devices, and respiratory assistance and monitoring devices.
Based on equipment type, this market is also similarly classified into fetal equipment and neonatal equipment. Fetal equipment is further sub-segmented as ultrasound and ultrasonography devices, fetal Dopplers, fetal MRI systems, and fetal pulse oximeters. The neonatal equipment segment is further classified as infant warmers, incubators, convertible warmers and incubators, phototherapy (conventional and fiber-optic) equipment, and respiratory devices.
Geographically, the global fetal and neonatal care market is studied for the following regional markets:
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Rest of Europe
- Asia Pacific
- China
- Japan
- Rest of Asia Pacific
- Latin America
- Mexico
- Brazil
- Rest of LATAM
- Middle East and Africa
The market size and forecast for these regional and country-level markets are presented in this study for the period 2014–2024. Market growth rates for the forecast period 2016–2024 are also included in this report, considering 2015 as the base year.
Along with quantitative information, qualitative information sets and assessment tools are provided in this study for a better analysis of the overall market scenario and future prospects. Information such as market inclination insights and drivers, challenges, and opportunities assists the readers in understanding the ongoing trends in the global fetal and neonatal market.
Tools such as market positioning of key players and appealing investment propositions provide readers with insights into the global fetal and neonatal market’s competitive scenario. This report concludes with a company profiles section that highlights major information about the key players engaged in the global fetal and neonatal market. In-depth competitive environment analysis and historical 2014 market size data are also provided in the report.
Based on the type of monitoring device, the global fetal and neonatal care market is segmented as follows:
Fetal Monitors
- Antepartum/External Fetal Monitors
- Intrapartum/internal fetal monitors
Neonatal monitoring monitors
- Blood pressure monitors
- Cardiac Monitors
- Pulse Oximeters
- Capnography
- Integrated Monitoring Devices
- Respiratory assistance and monitoring devices
Fetal and neonatal monitoring, though similar in nature, is carried out at different stages of the birth cycle. Fetal monitoring occurs during pregnancy and during the birthing process, whereas neonatal monitoring occurs after childbirth. Fetal monitoring measures the heart rate and rhythm of the fetus to further prevent any complications during birth. The fetal monitor segment currently dominates the market, owing to the growing emphasis on improving maternal and fetal health and reducing premature or stillbirths.
The fetal monitoring devices segment is further segmented into antepartum and intrapartum monitors depending on external or internal monitors of heart rate, of which antepartum is a rapidly progressing market. Neonatal monitoring is required for monitoring all the vital physiological parameters to avoid further complications or, in the case of premature births, to aid physicians in taking the necessary steps. Neonatal monitoring is a growing segment driven by the rise in demand for critical care monitoring in the maternal and neonatal intensive care units.
Based on the type of equipment, the global fetal and neonatal care market is segmented as follows:
Fetal Equipment
- Ultrasound and ultrasonography devices
- Fetal Dopplers
- Fetal MRI Systems
- Oximeters for Fetal Pulse
Neonatal Equipment
- Infant Warmers
- Incubators
- Convertible Warmers and Incubators
- Phototherapy Equipment
Conventional Phototherapy
- Fiber-optic Phototherapy
- Respiratory Devices
In 2015, neonatal equipment dominated the market for fetal and neonatal care. The neonatal care equipment market is driven by an increase in awareness and focus on maternal and neonatal care, technological advancement, portable devices, etc. Portable warmers, convertible warmers and incubators, and phototherapy equipment are the growing segments of the neonatal market.
Ultrasound devices used to produce images of the baby to further evaluate the growth and development of the baby during pregnancy occupy the largest share in the fetal equipment segment. Fetal magnetic resonance imaging (MRI) is the fastest-growing market in the fetal equipment segment during the forecast period of 2016–2024.
For the purpose of this study, the global fetal and neonatal care market is geographically categorized into:
- North America
- Europe
- Asia Pacific
- Latin America (LATAM)
- Middle East and Africa (MEA)
In 2015, North America was identified as the largest market for fetal and neonatal products. North America dominated the market due to drivers such as higher disposable income, an increase in demand, and accessibility to technologically advanced neonatal and fetal care equipment for better healthcare delivery. Next to the market is Europe, which is projected to grow during the forecast period.
Asia Pacific is anticipated as the most attractive market for fetal and neonatal care equipment for the forecast period of 2016–2024. The major market drivers are government initiatives, an increase in preterm birth and maternal age, along with changes in lifestyle and labor treatment.
