Fetal and Neonatal Care Device Global Market estimated to be worth $10,790.7 million by 2023

IQ4I Research & Consultancy Pvt. Ltd. Page 1

Fetal and Neonatal Care Device Global Market

–Forecast to 2023

Fetal and Neonatal Care Device Global Market estimated to be worth $10,790.7 million by 2023 IQ4I Research & Consultancy published a new report on “Fetal and Neonatal Care

Device Global Market – Forecast To 2023” This report analyzes and studies the overall

market, major Drivers & Opportunities, Restraints & Threats in North America, Europe, Asia-

Pacific and Rest of the World.

IQ4I’s Report Contains 130 market data tables and 132 figures spread through 484

pages and an exhaustive TOC on “Fetal and Neonatal Care Device Global Market”,

[PRODUCTS {Fetal products (Ultrasound devices, Fetal MRI, Fetal monitors, Fetal pulse

oximeters and others), Neonatal products (Infant warmers, Incubator, Phototherapy

devices, Respiratory devices, Neonatal monitoring devices and others)}, END-USER

(Hospitals, Private Clinics, Other End-User (Home Care and Ambulatory Settings), REGION

(North America, Europe, Asia-Pacific and Rest of the World)]

Fetal and neonatal products help in early diagnosis, monitoring, prevention and evaluation of

disease of fetus and neonates. Fetus care is an important aspect during pregnancy as the

fetus is prone to many disease and conditions, hence early diagnosis and monitoring the

fetus on a regular basis and analyzing the results is crucial in fetal care. The devices used

for fetal diagnosis are ultrasounds and fetal MRI and the devices used for monitoring fetus

are fetal pulse oximeters, fetal Doppler’s and other devices like amnioscopes and

fetoscopes. Neonates are prone to various diseases like respiratory diseases, jaundice, etc

as they will be unable to adapt to the environment as their immune system is weak and

neonates especially who are preterm are preterm i.e. babies born alive before 37 weeks of

pregnancy needs a lot of care as they are related to many complications like breathing

problems, jaundice, apnea, bronchopulmonary dysplasia and other conditions which can

lead to newborn death. The monitoring devices used for neonate care are incubators,

warmers, convertible warmer & incubator, respiratory devices, phototherapy devices,

neonatal monitoring devices like blood pressure monitors, cardiac monitors, etc. The devices

like CT scan, X-Ray are used for diagnosis of neonates. Every year, an estimated 15 million

babies are born preterm (before 37 completed weeks of gestation), and this number is rising.

According to IQ4I analysis, the Fetal and Neonatal Care Device global market is expected to

grow at a single digit CAGR to reach $10,790.7 million by 2023. The global rise in preterm &

low weight birth babies, increasing prevalence of hospital-acquired infections in newborn

babies which resulted in growing number of neonate admissions, rising awareness among

the population in developing nations about neonatal and increasing R & D investments for

neonate care are driving the market. Increasing product recalls, lack of awareness and



–Forecast to 2023

economic constraints in developing countries, decreasing birth rate in certain developed

countries are restraining the growth of the market. The limited reimbursement facilities and

alternative treatments that include exchange transfusion may be recommended if the baby

has particularly high levels of bilirubin in the blood or if phototherapy hasn't been effective

and intravenous immunoglobulin (IVIG) may be used in treating newborn with Jaundice are

threats for the market growth.

The Fetal and Neonatal Care Device global market is mainly segmented by products, end-

users and geography. The Fetal and Neonatal Care Device global products market is

segmented into Fetal and Neonatal Care Device. Among this neonatal care device segment

accounted for the largest share in 2016 and is expected to grow at a single digit CAGR from

2016-2023.

End-Users are segmented into hospitals, private clinics and other end-users which include

home care and ambulatory settings. Among the end users of the Fetal and Neonatal Care

Device market, hospitals generated the largest revenue 2016 and are expected to grow at a

high single-digit CAGR from 2016-2023, due to the availability of sophisticated equipment at

one place.

Technological advancements in fetal and neonatal cared device market include wireless fetal

monitor, integrated fetal monitors, electronic fetal monitoring, etc. Biotricity, Inc. received

ethics approval in 2017 to conduct a study that will investigate and validate a mobile wireless

fetal heart rate variability (HRV) monitor. Microcap handheld capnographs by Medtronic is a

handheld capnographs that delivers an easy-to-use assessment of respiratory status. The

pocket fetal Doppler by Contec is a hand-held obstetrical unit, which proves efficient for the

hospital, clinic, and home use.

Wireless camera monitoring system, a new technology to monitor neonate’s vital signs like

heart rate and respiration is developed by EPFL Polytechnical University and Swiss Centre

for Electronics and Microtechnology. This technology will replace the highly sensitive

traditional sensors which are placed on skin that can generate false alarms up to 90% mainly

caused by neonate’s normal movements. The wireless camera system is expected to be

tested on premature babies at University Hospital Zurich (USZ). With the approval of this

technology, the premature babies in incubators can be monitored using wireless cameras

instead of sensors attached to the skin.



–Forecast to 2023

Geographically, North America commanded the largest market share in 2016 due to high

investments in healthcare infrastructures in this region. However, Asia-pacific region is

expected to grow at the highest CAGR from 2016-2023 due to increasing healthcare

awareness, higher economic growth, and large target population.

The Fetal and Neonatal Care Device market is consolidated and the top players in Fetal and

Neonatal Care Device such as GE Healthcare, Philips, Dragerwerk AG & Co. KGaA,

Medtronic PLC and Siemens AG control approximately 70% of the market as these

companies have strong distribution networks, acquiring small companies and have multiple

channels to reach the hospitals. For instance, GE healthcare is expanding its Maternal-Infant

Care business with the acquisition of Monica Healthcare, a monitoring technology company

based in the United Kingdom in 2017.

Some of the other companies operating in Fetal and Neonatal Care Device global market

include Utah Medical Products, Inc. (U.S.), Galemed Corporation (Taiwan), David Medical

(China), GINEVRI Srl (Italy), Natus (U.S.), Plasti-Med Medikal Ürünler San. Tic. Ltd. Sti

(Turkey), nice Neotech Medical Systems Pvt. Ltd., (India), Sunray medical apparatus Co.,Ltd

(China), Dixion Vertrieb medizinischer Gerate GmbH (Germany), Shenzhen luckcome

technology Co.,Ltd (China), etc.

Major players in Fetal and Neonatal Care Device market include GE Healthcare (U.S.),

Philips N.V. (Netherlands), Dragerwerk AG & Co. KGaA (Germany), Siemens AG

(Germany), Analogic Corporation (U.S.), Atom medical corporation (Japan), Becton

Dickinson and Company (U.S.), Cooper Companies, Inc (Cooper Surgical, Inc) (U.S.), Fisher

& Paykel (New Zealand), Gettinge Group (Sweden), Masimo Corporation (U.S.), Medtronic

PLC (Ireland) and Natus Medical Incorporated (U.S.).

Reasons for buying this report:

Fetal and Neonatal Care Device global market is expected to reach $10,790.7 million

by 2023 at a CAGR of 6.7%.

Identification and analysis of the fetal and neonatal care device market segments by-

products, end-users and geography.

Analysis of the global market by identifying various sub-segments of the fetal and

neonatal care device.

Analysis of fetal and neonatal care device global market by number of units and their

average selling prices.



–Forecast to 2023

Revenue forecast of the fetal and neonatal care device market and strategic analysis

of each submarket with respect to individual growth trends.

Revenue forecast of the fetal and neonatal care device market with respect to North

America (U.S. and others), Europe (Germany, U.K., France and Others), Asia-Pacific

(Japan, China, India and Others), and Rest of the World (RoW) (Brazil, Rest of

LATAM and Middle East and Others).

Identification of the major market trends and factors driving or inhibiting the growth of

the fetal and neonatal care device global market and its various sub-markets.

Analysis of the opportunities for stakeholders by identifying the high-growth

segments of the market.

Analysis of the global fetal and neonatal care device market share and individual

product market shares like fetal care device and neonatal care device.

Analysis of porters five force model and technological advancements of the fetal and

neonatal care device market.

Analysis of the regulatory bodies guiding the manufacturers, ongoing clinical trials

and supply chain of the fetal and neonatal care device market.

Profiles of major players in fetal and neonatal care device market and analysis of

their product offerings, financial revenue, business strategies, SWOTs and market

shares.



–Forecast to 2023

FIGURE 1

FETAL AND NEONATAL CARE DEVICE GLOBAL MARKET SEGMENTATION


By End-Users By Region

Hospitals

Private clinics

NA

EU

APAC

RoW

Other End-User

By Products

Fetal products

Ultrasound Devices

Antepartum/External Fetal Monitors

Intrapartum/Internal

Fetal Monitors

Neonatal Products

Fetal Magnetic Resonance Imaging

Fetal Monitors

Fetal Pulse Oximeter

Fetal Doppler

Others

Infant Warmers

Electric Infant Warmers

Non-electric Infant

Warmers

Incubators

Convertible Warmer & Incubators

Phototherapy

Equipment

Conventional Phototherapy

Fiber-optic

Phototherapy

Respiratory Devices

Neonatal Invasive

Ventilators

CPAP Devices

Oxygen Analyzers and Monitors

Resuscitators

Others

Neonatal Monitoring Devices

Blood Pressure Monitor

Cardiac Monitors

Pulse Oximeter

Capnograph

Integrated Monitoring

Devices

Others

U.S. and Others

Germany, U.K.,

France and Others

Japan, China, India and Others

Brazil, M.E. & Others and Rest of LATAM