Fetal and Neonatal Care Equipment Market Research Report – Forecast till 2027

Fetal and Neonatal Care Equipment Market Research Report: by Type (Fetal Monitors, Fetal Pulse Oximeters), Product (Infant Warmers, Neonatal Phototherapy Equipment, Neonatal Incubators, Convertible Warmers & Incubators), End User - Forecast Till 2027

ID: MRFR/HC/6042-HCR | February 2021 | Region: Global | 90 pages

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Fetal and Neonatal Care Equipment Market Scenario


Fetal and neonatal care equipment market is expected to grow significantly over the forecast period. The market held a market value of USD 5,103 million in 2017 and is projected to grow at a CAGR of 6.8% over the forecast period.


Numerous factors such as public and private initiatives to support patient care and rising number of neonatal care facilities globally are responsible for growth of the fetal and neonatal care equipment market during the forecast period.


Moreover, new-born screening programs offer a lot of benefits which positively affects the market growth. Governments of different geographical regions are taking up a lot of initiatives and raising awareness about new-born screening and its benefits. Various government and non-government organizations are actively focused on offering better fetal and maternal care options. For example, in June 2018, the American Society of Hematology (ASH) led a campaign to fight sickle cell disease in Africa and urged governments, particularly in Sub-Saharan Africa, to invest in the new-born screening of the disease.


On the other hand, growing preference for refurbished devices across developing economies may hamper the growth of the market.


Segmentation


The fetal and neonatal care equipment market has been segmented into type, product, and end user. 


By type, the fetal and neonatal care equipment market has been segmented into fetal monitors, fetal pulse oximeters, fetal ultrasound devices, fetal MRI systems, and fetal doppler devices. Fetal monitors segment is further segmented into antepartum fetal monitors and intrapartum fetal monitors.


Based on product, the fetal and neonatal care equipment market has been segmented into Infant warmers, neonatal phototherapy equipment, neonatal incubators, convertible warmers & incubators, respiratory care devices, neonatal monitoring devices, and neonatal diagnostic imaging devices. Infant warmers segment is further segmented into electric warmers and non-electric warmers. Neonatal phototherapy equipment segment is further segmented into conventional phototherapy and fiber-optic phototherapy. Respiratory care devices segment is further segment into neonatal ventilators, continuous positive airway pressure devices, and resuscitators, and others. Neonatal monitoring devices segment are further segmented into blood pressure monitors, cardiac monitors, pulse oximeters, capnographs, extracorporeal membrane oxygenation systems, and integrated monitoring devices. Neonatal diagnostic imaging devices segment is further segmented into ultrasound systems, X-ray imaging systems, and others.


The market, by end user, has been segmented into hospitals & clinics, fertility centres, and others,


The global fetal and neonatal care equipment global market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The fetal and neonatal care equipment market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.     


The European fetal and neonatal care equipment global market has been segmented into Western Europe and Eastern Europe. The Western Europe fetal and neonatal care equipment market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.      


The fetal and neonatal care equipment global market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The fetal and neonatal care equipment market in the Middle East & Africa has been segmented into the Middle East and Africa.      


Regional Market Summary


Fetal and Neonatal Care Equipment Share (%), by Region, 2017


Fetal and Neonatal Care Equipment Market


Source: White Papers, Company Presentations, Annual Reports


Geographically, the Americas is anticipated to dominate the global fetal and neonatal care equipment market owing to the high domestic income, and presence of major market players. Increasing neonatal population is a major factor driving the growth of the new-born screening market. According to data published by the Centers for Disease Control and Prevention in January 2017, there were 3,945,875 births in the US in 2017. This means the birth rate in the US in 2017 was 12.2 per 1000 population. 


Europe is expected to hold the second largest position in the global fetal and neonatal care equipment market. The market growth in this region is attributed to the presence of strong academic & research base and availability of funding for research in the European countries. For instance, the European Research Council (ERC) provides grants for technological and scientific research conducted within the European Union (EU). 


The fetal and neonatal care equipment market in Asia-Pacific region consists of countries namely China, Japan, Republic of Korea, India, Australia and Rest of Asia-Pacific. The Asia-Pacific region is expected to be fastest growing region owing to increasing birth rate and growing focus of major market players in the region. 


The Middle East & Africa has the lowest share of the fetal and neonatal care equipment global market. Majority of the market of the region is anticipated to be held by the Middle East region owing to the growing government initiatives for the healthcare sector. 


Fetal and Neonatal Care Equipment Market, by Type



  • Fetal Monitors

    • Antepartum Fetal Monitors

    • Intrapartum Fetal Monitors



  • Fetal Pulse Oximeters

  • Fetal Ultrasound Devices

  • Fetal MRI Systems

  • Fetal Doppler Devices  


Fetal and Neonatal Care Equipment Market, by Product



  • Infant Warmers

    • Electric Warmers

    • Non-Electric Warmers



  • Neonatal Phototherapy Equipment

    • Conventional Phototherapy

    • Fiber-Optic Phototherapy



  • Neonatal Incubators

  • Convertible Warmers & Incubators

  • Respiratory Care Devices

    • Neonatal Ventilators

    • Continuous Positive Airway Pressure Devices

    • Resuscitators

    • Others



  • Neonatal Monitoring Devices

    • Blood Pressure Monitors

    • Cardiac Monitors

    • Pulse Oximeters

    • Capnographs

    • Extracorporeal Membrane Oxygenation Systems

    • Integrated Monitoring Devices



  • Neonatal Diagnostic Imaging Devices

    • Ultrasound Systems

    • X-Ray Imaging Systems

    • Others




Fetal and Neonatal Care Equipment Market, by End User



  • Hospitals and Surgical Centers

  • Ambulatory Care Centers

  • Others


Fetal and Neonatal Care Equipment Market, by Region



  • Americas

    • North America

      • US

      • Canada



    • Latin America



  • Europe

    • Western Europe

      • Germany

      • France

      • Italy

      • Spain

      • UK

      • Rest of Western Europe



    • Eastern Europe



  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • The Middle East & Africa

    • Middle East

    • Africa




Fetal and Neonatal Care Equipment Market, by Key Players

  • Fisher & Paykel Healthcare Limited

  • Natus Medical Incorporated

  • Philips Healthcare

  • Phoenix Medical Systems Pvt. Ltd.

  • Toitu Co., Ltd.

  • GE Healthcare

  • Masimo Corporation

  • Medtronic PLC

  • Arjo

  • Atom Medical Corporation

  • Cardinal Health

  • Drägerwerk AG & Co. KGaA

  • Edan Instruments, Inc.

  • Utah Medical Products, Inc.

  • Vyaire Medical Inc.

  • Others


Intended Audience



  • Fetal and Neonatal Care Equipment Manufacturers and Distributors

  • Contract Research Organizations

  • Academic and Research Institutes

  • Government Associations



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant Value
  CAGR   6.8% (2017-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Product, and End user
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Fisher & Paykel Healthcare Limited, Natus Medical Incorporated, Philips Healthcare, Phoenix Medical Systems Pvt. Ltd., Toitu Co., Ltd., GE Healthcare, Masimo Corporation, Medtronic PLC, Arjo, Atom Medical Corporation, Cardinal Health, Drägerwerk AG & Co. KGaA, Edan Instruments, Inc., Utah Medical Products, Inc., Vyaire Medical Inc., Others
  Key Market Opportunities   New product launches and R&D Amongst major key Players
  Key Market Drivers

  • Public and private initiatives to support patient care
  • Rising number of neonatal care facilities


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    Frequently Asked Questions (FAQ) :

    The Fetal and neonatal care equipment market was valued at USD 5.1 billion in 2017.

    The Fetal and neonatal care equipment market is expected to exhibit a solid 6.8% CAGR over the forecast period.

    Growing awareness about the importance of fetal and neonatal care in terms of preventing child mortality is the major driver for the Fetal and neonatal care equipment market.

    The Americas and Europe dominate the global fetal and neonatal care equipment market.

    Leading players in the fetal and neonatal care equipment market include Fisher & Paykel, Toitu, Philips, Natus Medical, and Medtronic, among others.