Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Renub Research
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Global Neonatal Intensive Care Market to Reach USD 9.9 Billion by 2027

% of readers think this story is Fact. Add your two cents.


The latest report by Renub Research “Neonatal Intensive Care Market, Size, Global Forecast 2022-2027, Industry Trends, Impact of COVID-19, Opportunity Company Analysis” the Neonatal Intensive Care Market reached a value of USD 6.8 Billion by 2021. The neonatal intensive care unit is a specified nursery care room specifically designed for newborn babies up to 28 days in need of intensive medical care. The neonatal care units are equipped with advanced machines that provide critical care support to preterm babies with low birth weight or suffering from serious medical conditions like respiratory distress syndrome.

As per WHO – World Health Organisation approximately 15 million babies are born preterm every year. Apart from that, this number is surging at a great pace. Worldwide, prematurity has become one of the leading causes of death in neonate babies. And at the same time, it is likely to surge the demand for the number of neonatal intensive care units in the hospitals to assist in the proper care of newborn babies.

Recent statistic stated that, about 11% of the total pregnancies result in premature or early deliveries. Approximately 450,000 babies are born prematurely in the United States and on the globally context, around 16 million new births are early or premature stages. Further, the neonate babies that need special care and attention will often need to be admitted to specialized neonatal healthcare that has equipped with latest technologies and advanced treatment facilities. In recent years, AI intelligence into the healthcare system has played a vital role and has extended to a great extent as well as support to daily caretakers.

Request a Free Sample Copy of the Report: https://www.renub.com/request-sample-page.php?gturl=neonatal-intensive-care-market-p.php

Emerging Economies to Drive Future of Neonatal Intensive Care Devices

Nevertheless, poor accessibility towards neonatal infant care in the lower-middle and low-income countries will be a major market impeding factor. In developing nations, rural and remote areas, pregnant women travel a lot of distances for deliveries of babies, thereby giving room for necessary and better treatment in the regions. Apart from that, poor infrastructure and poor-quality equipment are also the significant threats to market growth.

An increase in number of premature births across the globe will be a prominent factor augmenting the neonatal infant care market growth. Pre-term birth complications are considered the foremost cause of death among children less than 5 years of age. In low-income economies, around half of the babies are born two months early and die owing to a lack of cost-effective and basic care. Therein, in the high-income nation, almost all the pre-term babies survive.

Worldwide Neonatal Intensive Care Market Size was USD 6.8 Billion in 2021

As per our research findings; Global Neonatal Intensive Care Industry to grow with a CAGR of 6.46% during 2021-2027.

Based on Products, the market is segmented into Incubators, Neonatal Ventilators, Resuscitators, Blood Pressure Monitors, Pulse Oximeter, Capnographs, Phototherapy Equipment and others. Furthermore, the report covers on the basis of Geographical Region say North America, Europe, Asia-Pacific and Rest of World.

Apart from that, key players into the Neonatal intensive care industry are Philips, Becton, Dickinson & Company (BD), Teleflex Incorporated and Utah Medical Inc. There has been immense competition into the particular industry and to compete, the company needs to update their product differentiation and loyalty for their customers.

Follow the link for the full report with detailed TOC and list of figures and tables: https://www.renub.com/neonatal-intensive-care-market-p.ph

COVID-19 Impact on this Industry

The outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across the nations resulting in disruptions in import and export activities of Neonatal Intensive Care.

COVID-19 can affect the globally in three ways:

•    Directly affecting production and demand

•    Creating supply chain and market disruption

•     Financial impact on firms and financial markets

Our analysts has suggested post pandemic recovery and will definitely the market will growth at a steady pace during forecast period.

Market Summary:

Products: The global market is bifurcated into Incubators, Neonatal Ventilators, Resuscitators, Blood Pressure Monitors, Pulse Oximeter, Capnographs, Phototherapy Equipment and Others

Geographical Region: In this report we have covered regions like North America, Europe, Asia-Pacific and Rest of World)

Company: Companies covered in this report are Philips, Becton, Dickinson& Company (BD), Teleflex Incorporated and Utah Medical Inc

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food & Beverages, Power & Energy, Information Technology, Telecom & Internet, Chemical, Logistics & Automotive, Consumer Goods & Retail, Building, and Construction, & Agriculture. Our core team is comprised of experienced people holding graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more. Our research helps to make business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them with findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis, and forecasting that is essential in today’s ultra-competitive markets.

Contact Us:

Renub Research

Phone No: +1 678-302-0700 (USA) | +91–120–421–9822 (IND)

Email: [email protected]

Web: https://www.renub.com

Follow on LinkedIn: https://www.linkedin.com/company/renub-research

Follow on Twitter: @renubresearch



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.