Global Neonatal Intensive Care Respiratory Devices Market, By Product (Devices, Accessories and consumables), End-User (NICU Hospitals, Specialty Clinics, Nursing Homes), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Neonatal Intensive Care Respiratory Devices Market
The neonatal intensive care respiratory devices market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account from USD 1537.19 million in 2020 to USD 2705.04 million by 2028 growing at a CAGR of 7.32% in the above-mentioned forecast period.
The neonatal intensive care respiratory devices are the various devices used for the treatment of babies in the neonatal intensive care unit (NICU). The babies who need treatment after birth due to issues during delivery, premature birth or health complications after birth are transported to the NICU beds and are taken care of by medical specialists. The devices such as regulators, cables, ventilators and adaptors among others are various devices used in neonatal intensive care unit.
The prevalence of cardiovascular and respiratory disorders most importantly, neonatal respiratory distress syndrome (RDS) and increasing breathing disorders in the new-born babies across the globe is estimated to boost the growth of the market. In addition to this, the increased government child care funding is anticipated to drive the market’s growth significantly. The introduction of the respiratory equipment and device launches in the neonatal care industry and increasing R&D activities are estimated to generate new lucrative opportunities for market within the forecast period. On the other hand, the possibility of technical errors, less suitability of medical treatment and high cost of these devices can restrain the growth of the market, whereas the dearth of adequate funds in middle and low-income countries is slowing down the development of healthcare infrastructures which might prove as a major challenge for the market.
This neonatal intensive care respiratory devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research neonatal intensive care respiratory devices market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Neonatal Intensive Care Respiratory Devices Market Scope and Market Size
Neonatal intensive care respiratory devices market is segmented on the basis of product and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the neonatal intensive care respiratory devices market is segmented into devices and accessories and consumables. The devices are further sub-segmented into bubble CPAP systems, mechanical ventilators, extracorporeal membrane oxygenation (ECMO) and others. The others further consist of humidifiers. The accessories and consumables are further sub-segmented into masks, nasal prong cannula, breathing circuits, resuscitators and others. The others is also sub-segmented into filters, HMEs, regulators, cables and adaptors.
- On the basis of end users, the neonatal intensive care respiratory devices market is segmented into NICU hospitals, specialty clinics and nursing homes.
Neonatal Intensive Care Respiratory Devices Market Country Level Analysis
Neonatal intensive care respiratory devices market is analysed and market size insights and trends are provided by product and end user as referenced above.
The countries covered in the neonatal intensive care respiratory devices market report are U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa.
North America is the most dominating region in the market due to surging new-born intensive care unit admissions, availability of technologically advanced respiratory devices and increasing prevalence of neonatal respiratory distress syndrome within the region. On the other hand, Asia-Pacific region is anticipated to show at the most lucrative growth rate within the forecast period due to increasing population in the region which will heighten the accessories and consumables demand for medical/healthcare industry thus, increasing the market’s growth.
The country section of the neonatal intensive care respiratory devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Neonatal intensive care respiratory devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for neonatal intensive care respiratory devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the neonatal intensive care respiratory devices market. The data is available for historic period 2011 to 2019.
Competitive Landscape and Global Neonatal Intensive Care Respiratory Devices Market Share Analysis
Neonatal intensive care respiratory devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to neonatal intensive care respiratory devices market.
The major players covered in the neonatal intensive care respiratory devices market report are Medtronic, E Health Care, Inspiration Healthcare Group plc, Getinge AB, BD, Dragerwerk AG & Co. KGaA, Cook, Teleflex Incorporated, Neotech Medical Systems Pvt. Ltd., Ibis Medical, Viomedex Ltd, GPAINNOVA, Airon Corporation, Instrumentation Industries Inc, VYAIRE, SLE Hamilton Medical, Trudell Medical International, GaleMed Corporation, Mercury Medical among other domestic players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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