(PharmaNewsWire.Com, January 25, 2017 ) According to the report Global Prenatal and Neonatal Equipment Care Market, published by Market Data Forecast, the global market is projected to reach USD 8.80 billion by 2021, at a CAGR of 6.30% from 2016 to 2021.
Prenatal, fetal and neonatal equipment consist of those equipment and devices that aid in taking care of newly born infants and babies growing inside the mothers womb.
Premature and congenitally ill babies are born as a consequence of late maternal age, induced fertility, labour treatments, deprived prenatal care and modification in lifestyle predilections. Roughly. Around 15 million neonates born each year are premature and among them more than 1 million die every year. Those neonates who outlive prematurity, experience various forms of disabilities, thus various neonatal equipment have been created to help treat prematurity.
Healthcare is a sector with enormous innovations and developments combining with the technology. Rising incidences of preterm birth, increasing awareness for prenatal and neonatal care, increasing number of NICU admissions and inflow of technologically innovative products, and government policies to provide better care for prenatal and neonatal children are the vital drivers for the growth of the global Prenatal and Neonatal Equipment Care market.
The major companies operating in the global Prenatal and Neonatal Equipment Care market are CareFusion Corporation, Covidien PLC, Drδgerwerk AG & Co. KGaA, Cooper Surgical, Inc., FUJIFILM SonoSite, Inc., GE Healthcare, Getinge AB, Fisher & Paykel Healthcare Limited, Natus Medical Incorporated, Philips Healthcare, Siemens Healthcare, Nonin Medical, Inc., and Smiths Medical.
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