Fetal and Neonatal Care Equipment Market - Key Players “GE Healthcare (U.K.), Philips Healthcare (Netherlands), Drägerwerk AG & Co. KGaA (Germany)” Holds the Largest Market Shares

The fetal and neonatal care equipment market in the Asia Pacific is expected to witness the highest CAGR from 2018 to 2023. Factors such the large number of preterm and low-weight births, inflow of technologically advanced products, and growing initiatives by public and private organizations for improving neonatal care in this region are the key factors driving the growth of the fetal and neonatal care equipment market in Asia-Pacific countries are driving the growth of the market in the APAC region.

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Several companies such as GE Healthcare (U.K.), Philips Healthcare (Netherlands), Drägerwerk AG & Co. KGaA (Germany), Medtronic plc (Ireland), and Masimo Corporation (U.S.) are investing in high-growth markets to gain significant profits and increase their share in the global fetal and neonatal care equipment market.

4 Premium Insights

4.1 Fetal and Neonatal Care Equipment Market Overview

4.2 Fetal Care Equipment Market, By Product, 2018 Vs, 2023 (USD Million)

4.3 Global Market, By Product, 2018 vs 2023 (USD Million)

4.4 Global Market, By Region (2018-2023)

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.2.1 Major Drivers

5.2.1.1 Rising Number of Preterm and Low-Weight Births

5.2.1.2 Public-Private Initiatives to Strengthen Patient Care

5.2.1.3 Increasing Incidence of Hais Among Newborns

5.2.1.4 Changing Clinical Risks for Congenital and Obstetric Complications

5.2.1.5 Rising Number of Neonatal Care Facilities Worldwide

5.2.2 Restraints

5.2.2.1 Premium Pricing of Advanced Neonatal Care Equipment

5.2.2.2 Growing Preference for Refurbished Devices Across Emerging Countries

5.2.3 Opportunities

5.2.3.1 Development of Integrated and Multifunctional Neonatal Care Equipment

5.2.3.2 Emerging Markets

5.3 Industry Trends

5.3.1 Development of Affordable and User-Friendly Products

5.3.2 Sustainability of Players in A Highly Competitive Market

Neonatal care equipment segment will contribute a remarkable revenue share due to rising number of deformities coupled with increasing number of still births. Increasing demand along with collaborations for high-quality neonatal equipments will further boost segment growth. Increasing efforts of government to upgrade existing equipment and supplies specifically in NICU to prevent preterm births will act as a high impact rendering factor, thereby augmenting rise in segmental share.

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The fetal and neonatal care equipment market in the Asia Pacific is expected to witness the highest CAGR from 2018 to 2023. Factors such the large number of preterm and low-weight births, inflow of technologically advanced products, and growing initiatives by public and private organizations for improving neonatal care in this region are the key factors driving the growth of the fetal and neonatal care equipment market in Asia-Pacific countries are driving the growth of the market in the APAC region.

It evaluates opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for market leaders. The report also studies micromarkets with respect to their growth trends, prospects, and contributions to the total market. The report forecasts the revenue of the market segments with respect to four major regions