Market Overview:
The global neonatal ICU equipment market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of preterm births, rising demand for technologically advanced equipment, and growing awareness about neonatal care. On the basis of type, the global neonatal ICU equipment market is segmented into ventilators, kidney machines, monitors, and other equipment. Ventilators are expected to account for the largest share of this market in 2018 owing to their ability to provide respiratory support for newborns with breathing problems. On the basis of application, hospitals are expected to account for the largest share of this market in 2018 followed by clinics and ambulatory surgical centers (ASCs). The growth in these applications can be attributed primarily to rising demand from developing countries for better healthcare infrastructure and services.
Product Definition:
A neonatal intensive care unit (NICU) is an intensive care unit specializing in the care of newborn infants, usually up to 28 days old. The importance of Neonatal ICU Equipment is that it helps provide a specialized and sterile environment for premature or critically ill infants. This equipment may include incubators, phototherapy machines, ventilators and other life-saving devices.
Ventilators:
A respiratory device is known as ventilators. It's major application is to support the process of breathing in patients who are unable to do so on their own. Ventilators consist of a variety of components including humidifiers, oxygen concentrators, nebulizers, positive airway pressure devices and ventilator bags among others.
Kidney Machines:
The kidney machines are used to clean the blood from the urine and other body fluids. It is a device that helps in maintaining or setting up a steady flow of fluid through the urinary system. The machine works by creating pressure inside the bladder, which forces urine out through an urethra opening.
It is mainly used for babies.
Application Insights:
Based on the application, the global neonatal ICU equipment market is segmented into hospitals, clinics and ambulatory surgical centers, others. Hospitals held the largest share in 2017 owing to factors such as a large number of premature births and high prevalence of medical emergencies. A large number of hospitals results in higher demand for critical care units that provide ventilation support due to higher risk associated with respiratory disorders among infants.
The hospital segment is further categorized into Level 1-3 facilities and Level 4-5 facilities based on institutional level which includes a wide range from small rural hospitals to highly urbanized areas with multiple healthcare providers at same time providing excellent patient care in an environment designed specifically for neonates suffering from respiratory diseases or birth asphyxia. The increasing rate of preterm birth along with other congenital anomalies increases the need for intensive care units at both levels resulting in growth opportunities during forecast years 2018 - 2030 for this equipment globally.
Regional Analysis:
North America dominated the global neonatal ICU equipment market in 2017. This can be attributed to increasing awareness about advanced medical technologies, high purchasing power, and favorable government initiatives. For instance, in 2014-2015 academic year, Harvard University Hospital had received funding of USD X million from the WISDOM project which is a collaboration between Neonatal Intensive Care Unit (NICU) at Boston Children’s Hospital and Harvard Medical School. The NICU was designed to improve research on newborn care by observing how well these units work at two different hospitals with different resources and cultures.
Asia Pacific is expected to witness the fastest growth over the forecast period owing to improving healthcare infrastructure along with rising healthcare expenditure & awareness about neonatal critical care services among expectant parents in developing countries such as India & China & Indonesia etc.
Growth Factors:
- Increasing incidence of premature births and neonatal health conditions is expected to drive the demand for neonatal ICU equipment over the forecast period.
- Rising number of private hospitals and increasing healthcare expenditure are also anticipated to boost the market growth.
- Technological advancements in neonatal ICU equipment is likely to create new opportunities for market players over the next few years.
- Growing awareness about neonatal health among parents is projected to propel demand for advanced ICU equipment in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Neonatal ICU Equipment Market Research Report
By Type
Ventilators, Kidney Machines, Monitors, Other
By Application
Hospitals, Clinics, Ambulatory Surgical Centers, Others
By Companies
Philips, Dragerwerk, Baxter, Medtronic, GE Healthcare, Getinge, Nihon Kohden, BD, Mindray, Siemens, B. Braun, Vyaire Medical, Hamilton Medical, ICU Medical, Magnamed, Heyer Medical, SLE, Comen, Perlong Medical Equipment, Acutronic Medical Systems, Silbermann Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Neonatal ICU Equipment Market Report Segments:
The global Neonatal ICU Equipment market is segmented on the basis of:
Types
Ventilators, Kidney Machines, Monitors, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Ambulatory Surgical Centers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Philips
- Dragerwerk
- Baxter
- Medtronic
- GE Healthcare
- Getinge
- Nihon Kohden
- BD
- Mindray
- Siemens
- B. Braun
- Vyaire Medical
- Hamilton Medical
- ICU Medical
- Magnamed
- Heyer Medical
- SLE
- Comen
- Perlong Medical Equipment
- Acutronic Medical Systems
- Silbermann Technologies
Highlights of The Neonatal ICU Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ventilators
- Kidney Machines
- Monitors
- Other
- By Application:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Neonatal ICU Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Neonatal ICU equipment is a specialized type of medical equipment used in the care of newborns. This equipment is designed to provide optimal conditions for the health and well-being of very premature or preterm infants.
Some of the key players operating in the neonatal icu equipment market are Philips, Dragerwerk, Baxter, Medtronic, GE Healthcare, Getinge, Nihon Kohden, BD, Mindray, Siemens, B. Braun, Vyaire Medical, Hamilton Medical, ICU Medical, Magnamed, Heyer Medical, SLE, Comen, Perlong Medical Equipment, Acutronic Medical Systems, Silbermann Technologies.
The neonatal icu equipment market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Neonatal ICU Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Neonatal ICU Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Neonatal ICU Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Neonatal ICU Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Neonatal ICU Equipment Market Size & Forecast, 2018-2028
4.5.1 Neonatal ICU Equipment Market Size and Y-o-Y Growth
4.5.2 Neonatal ICU Equipment Market Absolute $ Opportunity
Chapter 5 Global Neonatal ICU Equipment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Neonatal ICU Equipment Market Size Forecast by Type
5.2.1 Ventilators
5.2.2 Kidney Machines
5.2.3 Monitors
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Neonatal ICU Equipment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Neonatal ICU Equipment Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Ambulatory Surgical Centers
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Neonatal ICU Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Neonatal ICU Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Neonatal ICU Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Neonatal ICU Equipment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Neonatal ICU Equipment Market Size Forecast by Type
9.6.1 Ventilators
9.6.2 Kidney Machines
9.6.3 Monitors
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Neonatal ICU Equipment Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Ambulatory Surgical Centers
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Neonatal ICU Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Neonatal ICU Equipment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Neonatal ICU Equipment Market Size Forecast by Type
10.6.1 Ventilators
10.6.2 Kidney Machines
10.6.3 Monitors
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Neonatal ICU Equipment Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Ambulatory Surgical Centers
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Neonatal ICU Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Neonatal ICU Equipment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Neonatal ICU Equipment Market Size Forecast by Type
11.6.1 Ventilators
11.6.2 Kidney Machines
11.6.3 Monitors
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Neonatal ICU Equipment Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Ambulatory Surgical Centers
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Neonatal ICU Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Neonatal ICU Equipment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Neonatal ICU Equipment Market Size Forecast by Type
12.6.1 Ventilators
12.6.2 Kidney Machines
12.6.3 Monitors
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Neonatal ICU Equipment Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Ambulatory Surgical Centers
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Neonatal ICU Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Neonatal ICU Equipment Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Neonatal ICU Equipment Market Size Forecast by Type
13.6.1 Ventilators
13.6.2 Kidney Machines
13.6.3 Monitors
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Neonatal ICU Equipment Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Ambulatory Surgical Centers
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Neonatal ICU Equipment Market: Competitive Dashboard
14.2 Global Neonatal ICU Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Philips
14.3.2 Dragerwerk
14.3.3 Baxter
14.3.4 Medtronic
14.3.5 GE Healthcare
14.3.6 Getinge
14.3.7 Nihon Kohden
14.3.8 BD
14.3.9 Mindray
14.3.10 Siemens
14.3.11 B. Braun
14.3.12 Vyaire Medical
14.3.13 Hamilton Medical
14.3.14 ICU Medical
14.3.15 Magnamed
14.3.16 Heyer Medical
14.3.17 SLE
14.3.18 Comen
14.3.19 Perlong Medical Equipment
14.3.20 Acutronic Medical Systems
14.3.21 Silbermann Technologies
