Neonatal Intensive Care Market Research Report: by Product (Infant Warmers, Incubators, Respiratory Devices, Neonatal Monitoring Devices, Convertible Warmer & Incubators, Phototherapy Equipment, Catheters, Others), End User- Forecast Till 2027
ID: MRFR/HC/6044-HCR | February 2021 | Region: Global | 160 pages
Neonatal Intensive Care Market Scenario
The neonatal intensive care market is expected to grow significantly over the forecast period. It is estimated that the neonatal intensive care market is expected to register a CAGR ~5.5% during the forecast period of 2018–2023 with an estimated market value of 9.1 billion in 2017.
The market is driven by factors such as rising prevalence of diseases in new-born children and increasing neonatal population. 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.
On the other hand, the lack of awareness, high cost of equipment, and lack of skilled professionals is restraining the growth of neonatal intensive care market. For instance, according to a report published by the International Journal of Neonatal Screening in September 2018, the reports of false positive cases in neonates are increasing for various diseases.
Moreover, major companies in the market are involved in strategic collaborations and new product launches to brace their position in the market. For instance, PerkinElmer’s QSight 210 MD system launched in September 2016, utilizes tandem quadrupole analysis which provides regular robust screening along with higher sensitivity and faster scanning.
Segmentation
The neonatal intensive care market has been segmented into product, and end user. The market, based on product, has been segmented into infant warmers, incubators, respiratory devices, neonatal monitoring devices, convertible warmer & incubators, phototherapy equipment, catheters, and others. The market, by infant warmers, has been segmented into electric infant warmers, and non-electric infant warmers. The market, by neonatal monitoring devices, has been sub-segmented into cardiopulmonary monitor, blood pressure monitor, pulse oximeters, capnographs, and others. The market, by end user, has been segmented into hospitals, childcare clinics, and others.
The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The neonatal intensive care market in the Americas has further been segmented into North America and Latin America, with the North American market divided into the US and Canada. The European neonatal intensive care market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The neonatal intensive care market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The neonatal intensive care market in the Middle East & Africa has been segmented into the Middle East and Africa.
Regional Market Summary
Global Neonatal Intensive Care Market Share (%), by Region, 2017
Source: World Health Organization (WHO), Institute of Medicine (IOM)
The Americas is expected to dominate the neonatal intensive care market. The rising prevalence of congenital disorders in new-born, increasing neonatal population and government support are driving the growth of the market in the Americas. According to a data published by the Centers for Disease Control and Prevention (CDC) in November 2018, congenital heart defects (CHDs) affect approximately 1% or about 40,000 births per year in the US.
Europe showed a considerable amount of growth in the global neonatal intensive care market. The market growth in this region is because of the presence of a well-established healthcare system and increase in insurance coverage for pets. Also, technological advancements in the industry and government support in terms of National Health Service and health insurance are expected to drive the market growth.
Asia-Pacific is estimated to be the fastest growing region in the market due to increased pet adoptions and rise in the number of animal welfare programs.
On the other hand, the Middle East & Africa has the least share of the market due to the low disposable income. According to the American Society of Hematology (ASH), it led a campaign to fight sickle cell disease in Africa in June 2018. It also urged the governments, particularly in sub-Saharan Africa, to invest in new-born intensive care units for the betterment of the neonates.
Global Neonatal Intensive Care Market, by Product
- Infant Warmers
- Electric Infant Warmers
- Non-Electric Infant Warmers
- Incubators
- Respiratory Devices
- Neonatal Ventilators
- Transcutaneous Oxygen/Carbon Dioxide Monitor
- Resuscitators
- Others
- Neonatal Monitoring Devices
- Cardiopulmonary Monitor
- Blood Pressure Monitor
- Pulse Oximeter
- Capnographs
- Others
- Convertible Warmer & Incubators
- Phototherapy Equipment
- Catheters
- Others
Global Neonatal Intensive Care Market, by End User
- Hospitals
- Childcare Clinics
- Others
Global Neonatal Intensive Care Market, by Region
- Americas
- North America
- US
- Canada
- Latin America
- North America
- Europe
- Western Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Western Europe
- Eastern Europe
- Western Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Middle East
- Africa
Global Neonatal Intensive Care Market, by Key Players
- Becton, Dickinson and Company (BD)
- R. Bard
- Philips
- Teleflex Incorporated
- Utah Medical
- Cook Medical
- Medtronic
- Braun Melsungen AG
- AngioDynamics, Inc.
- Vygon (UK) Ltd.
Intended Audience
- Pharmaceutical Companies
- Research and Development (R&D) Companies
- Government Research Institute
- Academic Institutes and Universities
- Venture capitalists
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size | 9.1 Billion |
| CAGR | 2018-2023:~5.5% |
| Base Year | 2019 |
| Forecast Period | 2027 |
| Historical Data | 2018 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Product and End User |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | Becton, Dickinson and Company (BD), R. Bard, Philips, Teleflex Incorporated, Utah Medical, Cook Medical, Medtronic, Braun Melsungen AG, AngioDynamics, Inc., Vygon (UK) Ltd |
| Key Market Opportunities | Strategic collaborations and new product launches |
| Key Market Drivers | The neonatal intensive care market is primarily driven by the growing awareness about neonatal intensive care and the increasing efforts to reduce child mortality. |
Frequently Asked Questions (FAQ) :
The global neonatal intensive care market was valued at USD 9.1 billion in 2017.
The global neonatal intensive care market is expected to exhibit a solid 5.5% CAGR over the forecast period from 2018 to 2023.
The neonatal intensive care market is primarily driven by the growing awareness about neonatal intensive care and the increasing efforts to reduce child mortality.
The high costs of advanced neonatal intensive care equipment are the major restraint on the global neonatal intensive care market.
The Americas dominate the global market, followed by Europe.
Table of Contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
Chapter 5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Bargaining Power of Suppliers
5.1.2 Bargaining Power of Buyers
5.1.3 Threat of New Entrants
5.1.4 Threat of Substitutes
5.1.5 Intensity of Rivalry
5.2 Value Chain Analysis
Chapter 6. Global Neonatal Intensive Care Market, by Product
6.1 Introduction
6.2 Infant Warmers
6.2.1 Electric Infant Warmers
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.2.2 Non-Electric Infant Warmers
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
6.3 Incubators
6.4 Respiratory Devices
6.4.1 Neonatal Ventilators
6.4.2 Transcutaneous Oxygen/Carbon Dioxide Monitor
6.4.3 Resuscitators
6.4.4 Others
6.5 Neonatal Monitoring Devices
6.5.1 Cardiopulmonary Monitor
6.5.2 Blood Pressure Monitor
6.5.3 Pulse Oximeter
6.5.4 Capnographs
6.5.5 Others
6.6 Convertible Warmer & Incubators
6.7 Phototherapy Equipment
6.8 Catheters
6.9 Others
Chapter 7. Global Neonatal Intensive Care, by End User
7.1 Introduction
7.2 Hospitals
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
7.3 Childcare Clinics
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
7.4 Others
Market Estimates & Forecast, by Region, 2020-2027
Market Estimates & Forecast, by Country, 2020-2027
Chapter 8. Global Neonatal Intensive Care Market, by Region
8.1 Introduction
8.2 Americas
8.2.1 North America
8.2.1.1 US
8.2.1.2 Canada
8.2.2 Latin America
8.3 Europe
8.3.1 Western Europe
8.3.1.1 Germany
8.3.1.2 France
8.3.1.3 Italy
8.3.1.4 Spain
8.3.1.5 UK
8.3.1.6 Rest of Western Europe
8.3.2 Eastern Europe
8.4 Asia-Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 South Korea
8.4.6 Rest of Asia-Pacific
8.5 Middle East & Africa
8.5.1 Middle East
8.5.2 Africa
Chapter 9. Company Landscape
9.1 Introduction
9.2 Market Share Analysis
Chapter 10. Company Profiles
10.1 B. Braun Melsungen AG
10.1.1 Company Overview
10.1.2 Product Overview
10.1.3 Financials Overview
10.1.4 Key Developments
10.1.5 SWOT Analysis
10.2 Becton, Dickinson and Company (BD)
10.2.1 Company Overview
10.2.2 Product Overview
10.2.3 Financial Overview
10.2.4 Key Developments
10.2.5 SWOT Analysis
10.3 C. R. Bard
10.3.1 Company Overview
10.3.2 Product Overview
10.3.3 Financial Overview
10.3.4 Key Development
10.3.5 SWOT Analysis
10.4 Philips
10.4.1 Company Overview
10.4.2 Product Overview
10.4.3 Financial Overview
10.4.4 Key Development
10.4.5 SWOT Analysis
10.5 Teleflex Incorporated
10.5.1 Company Overview
10.5.2 Product Overview
10.5.3 Financial overview
10.5.4 Key Developments
10.5.5 SWOT Analysis
10.6 Medtronic
10.6.1 Company Overview
10.6.2 Product Overview
10.6.3 Financial Overview
10.6.4 Key Developments
10.6.5 SWOT Analysis
10.7 Utah Medical
10.7.1 Overview
10.7.2 Product Overview
10.7.3 Financial Overview
10.7.4 Key Developments
10.7.5 SWOT Analysis
10.8 Cook Medical
10.8.1 Overview
10.8.2 Product Overview
10.8.3 Financials
10.8.4 Key Developments
10.8.5 SWOT Analysis
10.9 AngioDynamics, Inc.
10.9.1 Overview
10.9.2 Product Overview
10.9.3 Financials
10.9.4 Key Developments
10.9.5 SWOT Analysis
10.10 Vygon (UK) Ltd.
10.10.1 Overview
10.10.2 Product Overview
10.10.3 Financials
10.10.4 Key Developments
10.10.5 SWOT Analysis
10.11 Others
Chapter 11 MRFR Conclusion
11.1 Key Findings
11.1.1 From CEO’s View point
11.1.2 Unmet Needs of the Market
11.3 Predictions for the Neonatal Intensive Care Industry
Chapter 12 Appendix
LIST OF TABLES
Table 1 Global Neonatal Intensive Care Market Synopsis, 2020-2027
Table 2 Global Neonatal Intensive Care Market Estimates and Forecast, 2020-2027 (USD Million)
Table 3 Global Neonatal Intensive Care Market, by Product, 2020-2027 (USD Million)
Table 4 Global Neonatal Intensive Care Market, by End User, 2020-2027 (USD Million)
Table 5 Global Neonatal Intensive Care Market, by Region, 2020-2027 (USD Million)
Table 6 North America: Neonatal Intensive Care Market, by Product, 2020-2027 (USD Million)
Table 7 North America: Neonatal Intensive Care Market, by End User, 2020-2027 (USD Million)
Table 8 North America: Neonatal Intensive Care Market, by Region, 2020-2027 (USD Million)
Table 9 US: Neonatal Intensive Care Market, by Product, 2020-2027 (USD Million)
Table 10 US: Neonatal Intensive Care Market, by End User, 2020-2027 (USD Million)
Table 11 US: Neonatal Intensive Care Market, by Region, 2020-2027 (USD Million)
Table 12 Canada: Neonatal Intensive Care Market, by Product, 2020-2027 (USD Million)
Table 13 Canada: Neonatal Intensive Care Market, by End User, 2020-2027 (USD Million)
Table 14 Canada: Neonatal Intensive Care Market, by Region, 2020-2027 (USD Million)
Table 15 South America: Neonatal Intensive Care Market, by Product, 2020-2027 (USD Million)
Table 16 South America: Neonatal Intensive Care Market, by End User, 2020-2027 (USD Million)
Table 17 South America: Neonatal Intensive Care Market, by Region, 2020-2027 (USD Million)
Table 18 Europe: Neonatal Intensive Care Market, by Product, 2020-2027 (USD Million)
Table 19 Europe: Neonatal Intensive Care Market, by End User, 2020-2027 (USD Million)
Table 20 Europe: Neonatal Intensive Care Market, by Region, 2020-2027 (USD Million)
Table 21 Western Europe: Neonatal Intensive Care Market, by Product, 2020-2027 (USD Million)
Table 22 Western Europe: Neonatal Intensive Care Market, by End User, 2020-2027 (USD Million)
Table 23 Western Europe: Neonatal Intensive Care Market, by Region, 2020-2027 (USD Million)
Table 24 Eastern Europe: Neonatal Intensive Care Market, by Product, 2020-2027 (USD Million)
Table 25 Eastern Europe: Neonatal Intensive Care Market, by End User, 2020-2027 (USD Million)
Table 26 Eastern Europe: Neonatal Intensive Care Market, by Region, 2020-2027 (USD Million)
Table 27 Asia-Pacific: Neonatal Intensive Care Market, by Product, 2020-2027 (USD Million)
Table 28 Asia-Pacific: Neonatal Intensive Care Market, by End User, 2020-2027 (USD Million)
Table 29 Asia-Pacific: Neonatal Intensive Care Market, by Region, 2020-2027 (USD Million)
Table 30 Middle East & Africa: Neonatal Intensive Care Market, by Product, 2020-2027 (USD Million)
Table 31 Middle East & Africa: Neonatal Intensive Care Market, by End User, 2020-2027 (USD Million)
Table 32 Middle East & Africa: Neonatal Intensive Care Market, by Region, 2020-2027 (USD Million)
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Segmentation for Global Neonatal Intensive Care Market
Figure 3 Segmentation Market Dynamics for Global Neonatal Intensive Care Market
Figure 4 Global Neonatal Intensive Care Market Share, by Product, 2020 (%)
Figure 5 Global Neonatal Intensive Care Market Share, by End User, 2020 (%)
Figure 6 Global Neonatal Intensive Care Market Share, by Region, 2020 (%)
Figure 7 North America: Neonatal Intensive Care Market Share, by Country, 2020 (%)
Figure 8 Europe: Neonatal Intensive Care Market Share, by Country, 2020 (%)
Figure 9 Asia-Pacific: Neonatal Intensive Care Market Share, by Country, 2020 (%)
Figure 10 Middle East & Africa: Neonatal Intensive Care Market Share, by Country, 2020 (%)
Figure 11 Global Neonatal Intensive Care Market: Company Share Analysis, 2020 (%)
Figure 12 B. Braun Melsungen AG: Key Financials
Figure 13 B. Braun Melsungen AG: Segmental Revenue
Figure 14 B. Braun Melsungen AG: Geographical Revenue
Figure 15 Becton, Dickinson and Company (BD): Key Financials
Figure 16 Becton, Dickinson and Company (BD): Segmental Revenue
Figure 17 Becton, Dickinson and Company (BD): Geographical Revenue
Figure 18 C. R. Bard: Key Financials
Figure 19 C. R. Bard: Segmental Revenue
Figure 20 C. R. Bard: Geographical Revenue
Figure 21 Philips: Key Financials
Figure 22 Philips: Segmental Revenue
Figure 23 Philips: Geographical Revenue
Figure 24 Teleflex Incorporated: Key Financials
Figure 25 Teleflex Incorporated: Segmental Revenue
Figure 26 Teleflex Incorporated: Geographical Revenue
Figure 27 Medtronic: Key Financials
Figure 28 Medtronic: Segmental Revenue
Figure 29 Medtronic: Geographical Revenue
Figure 30 Utah Medical: Key Financials
Figure 31 Utah Medical: Segmental Revenue
Figure 32 Utah Medical: Geographical Revenue
Figure 33 Cook Medical: Key Financials
Figure 34 Cook Medical: Segmental Revenue
Figure 35 Cook Medical: Geographical Revenue
Figure 36 AngioDynamics, Inc.: Key Financials
Figure 37 AngioDynamics, Inc.: Segmental Revenue
Figure 38 AngioDynamics, Inc.: Geographical Revenue
Figure 39 Vygon (UK) Ltd.: Key Financials
Figure 40 Vygon (UK) Ltd.: Segmental Revenue
Figure 41 Vygon (UK) Ltd.: Geographical Revenue
This table of content is tentative and subject to change as the research progresses.
Please Note: Financial details of company cannot be provided if the information of the company is not available in public domain and or reliable source.