(PharmaNewsWire.Com, September 21, 2019 ) Neonatal Intensive Care Unit is also known as specialized nurseries. The neonatal intensive care unit is for premature babies or baby with high complication, because it is very specialized or advanced equipped unit that has expert medical staff and professional. All the clinics or hospitals or main health centers (PHC) of developed countries have their own in-house neonatal care unit. In order to reduce their preterm mortality rate government of Latin American, Asia and Africa are constructing more neonatal intensive care units in their country. Global Neonatal Intensive Care Market is expected to reach US$ 9 Billion market by the end of year 2025.
The prime factors that are fueling the market growth are; rising premature birth, rising complication during the birth, rising number of death (new born baby), improving healthcare infrastructure, increasing healthcare expenditure, rising per capita expenditure etc. Rising number of infection or disease of premature newborns are other factors which will further propel the market in coming future.
Renub Research report titled Neonatal Intensive Care Market Global Forecast by Products (Incubators, Ventilators, Resuscitators, Blood Pressure Monitor, Pulse Oximeter, Capnographs, Phototherapy Equipment), Region (North America, Europe, Asia Pacific, Africa, ROW), Companies (Philips, Becton, Dickinson and Company (BD), C. R. Bard, Teleflex Incorporated, Utah Medical) studies the global neonatal intensive care market and provides an all-encompassing analysis of the key growth drivers and challenges, market trends, key players and their projections for the future.
Product Insight
The product of global neonatal intensive care market is fragmented into 7 parts; Ventilators, Pulse Oximeter, Incubators, Resuscitators, Capnographs, Blood Pressure Monitor, and Phototherapy Equipment. The incubator is mainly used to manage environment like temperature, noise, moisture etc. which is suitable for newborn baby while Neonatal Ventilators is used for ventilator support of newborn baby in the case of respiratory failure. Rising product innovation and technological improvement will improve the condition of new born baby in forecast period.
Region Insight
Neonatal intensive care market is categorized by region into 5 parts; North America, Europe, Asia-Pacific, Africa and Rest of the World. The women of South Asia and Africa are at high risk of premature birth, but due to lack of healthcare infrastructure in the market. Besides the Asia and Europe is the fastest growing market for neonatal intensive care market because of healthcare infrastructure, people awareness and rising incidence of premature birth, and trained staff or medical professional etc.
All companies in this report has been covered with following view points
1. Company Overview
2. Company Strategy
3. Sales
Key Players
Some of the key players in the global neonatal intensive care market include Philips, Becton, Dickinson and Company (BD), C. R. Bard, Teleflex Incorporated, Utah Medical.
The report have been analyzed from 5 major viewpoints
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