Market Overview:
The global neonatal intensive care 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 awareness about neonatal care, and technological advancements in neonatal intensive care devices. Based on type, the global neonatal intensive care market is segmented into infant warmers, neonatal monitoring devices, incubators, respiratory devices, convertible warmer & incubators, catheters, phototherapy equipment and others. The infant warmers segment is expected to account for the largest share of the global market in 2018. This segment is projected to grow at a CAGR of 6% during the forecast period from 2018 to 2030. This growth can be attributed to factors such as rising demand for technologically advanced infant warmers and increasing number of premature births across the globe.
Product Definition:
Neonatal intensive care (NIC) is a type of neonatal care that provides close, continuous monitoring and specialized treatment for very premature, critically ill, or injured newborns. NIC units are found in hospitals and some freestanding birthing centers.
Infant Warmers:
Infant warmers are devices used to maintain the temperature of an infant's room at a constant level. Infant warmers can be powered by electricity or can be heated using hot water bottles. The device is designed for use in incubators and neonatal intensive care units (NICU).
The global market for NICU has been witnessing growth over the past few years, with increasing number of infants born preterm and requiring critical care.
Neonatal Monitoring Devices:
Neonatal intensive care units (NICU) are specialized facilities that provide medical care for extremely premature and newborn babies. Newborns below 28 weeks gestation are classified as extreme preterm infants, while those born before 23 completed weeks gestation are classified as full-term infants. The devices used in neonatal monitoring include oximeters, heart rate monitors, respiratory monitors along with other devices such as temperature guns and blood pressure cuffs or belts.
Application Insights:
The market is segmented into hospitals, childcare clinics, and others. The hospitals segment dominated the global neonatal intensive care market in 2017 owing to factors such as increasing number of childbirths and high prevalence of prematurity. According to WHO, approximately 47% of all births take place in low-income countries which accounts for a significant share in the overall revenue generation. Furthermore, an increase in the number of healthcare facilities has led to an increase in demand for infant warmers and incubators thereby driving growth at a global level.
The childcare clinics application segment is expected to witness lucrative growth over the forecast period due primarily to rising awareness about preterm birth among parents coupled with government initiatives that promote early discharge from hospital after NICU stay. For instance, according these guidelines published by NCBI; it states that most common reasons leading parents not admitted their children are because they could not afford it or were too busy working (44%) followed by family problems (36%).
Regional Analysis:
North America dominated the global neonatal intensive care market in 2016. The increasing rate of preterm births, rising obesity rates among newborns and their mothers, and the presence of sophisticated healthcare infrastructure are some major factors responsible for its large share. In addition, an increase in R&D investment by various organizations is expected to fuel growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to a rise in disposable income resulting into improved healthcare facilities for neonates at both public as well as private levels. Furthermore, government initiatives such as “Hospital Improvement Program†(HIP) aimed at improving hospital management practices are expected to contribute toward regional growth over the next eight years.
Growth Factors:
- Increasing incidence of preterm births and neonatal complications: The global incidence of preterm births is on the rise and is currently estimated at around 15 million cases per year. This number is expected to increase in the coming years due to various factors such as increasing maternal age, obesity, and lifestyle changes. The rise in preterm births will lead to an increase in demand for neonatal intensive care services.
- Rising awareness about neonatal health: There has been a growing awareness among parents about the importance of early diagnosis and treatment of neonatal health problems. This has led to an increase in demand for quality Neonatal Intensive Care services worldwide.
- Technological advancements: There have been significant advances in medical technology over the past few years that have helped improve outcomes for premature infants admitted to NICUs . These technological advancements include novel ventilation techniques, advanced imaging technologies, and improved blood monitoring systems etc., which are helping reduce mortality rates among premature infants admitted to NICUs .
- Growing number of private hospitals: A large number of private hospitals are being set up across the world, especially in developing countries such as India and China . This is leading to an increased availability of Neonatal Intensive Care services, which is driving growth in this market segment.. 5) Rising healthcare expenditure by governments: Governments around the world are increasingly allocating more funds towards healthcare sector with a view to provide better healthcare facilities for their citizens
Scope Of The Report
Report Attributes
Report Details
Report Title
Neonatal Intensive Care Market Research Report
By Type
Infant Warmers, Neonatal Monitoring Devices, Incubators, Respiratory Devices, Convertible Warmer &ubators, Catheters, Phototherapy Equipment, Others
By Application
Hospitals, Childcare Clinics, Others
By Companies
Cook Medical, Medtronic plc, Teleflexorporated, C. R. Bard,, B. Braun Melsungen AG, Becton, Dickinson and Company
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Neonatal Intensive Care Market Report Segments:
The global Neonatal Intensive Care market is segmented on the basis of:
Types
Infant Warmers, Neonatal Monitoring Devices, Incubators, Respiratory Devices, Convertible Warmer &ubators, Catheters, Phototherapy Equipment, Others
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, Childcare Clinics, 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:
- Cook Medical
- Medtronic plc
- Teleflexorporated
- C. R. Bard,
- B. Braun Melsungen AG
- Becton, Dickinson and Company
Highlights of The Neonatal Intensive Care 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:
- Infant Warmers
- Neonatal Monitoring Devices
- Incubators
- Respiratory Devices
- Convertible Warmer &ubators
- Catheters
- Phototherapy Equipment
- Others
- By Application:
- Hospitals
- Childcare Clinics
- 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 Intensive Care 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.
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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 intensive care is a specialized type of medical care for newborns who are in danger of dying or who have serious health problems. It usually begins within 24 hours after a baby is born and lasts until the baby reaches at least 28 days old.
Some of the major companies in the neonatal intensive care market are Cook Medical, Medtronic plc, Teleflexorporated, C. R. Bard,, B. Braun Melsungen AG, Becton, Dickinson and Company.
The neonatal intensive care market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Neonatal Intensive Care Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Neonatal Intensive Care Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Neonatal Intensive Care Market - Supply Chain
4.5. Global Neonatal Intensive Care Market Forecast
4.5.1. Neonatal Intensive Care Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Neonatal Intensive Care Market Size (000 Units) and Y-o-Y Growth
4.5.3. Neonatal Intensive Care Market Absolute $ Opportunity
5. Global Neonatal Intensive Care Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Neonatal Intensive Care Market Size and Volume Forecast by Type
5.3.1. Infant Warmers
5.3.2. Neonatal Monitoring Devices
5.3.3. Incubators
5.3.4. Respiratory Devices
5.3.5. Convertible Warmer &ubators
5.3.6. Catheters
5.3.7. Phototherapy Equipment
5.3.8. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Neonatal Intensive Care Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Neonatal Intensive Care Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Childcare Clinics
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Neonatal Intensive Care Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Neonatal Intensive Care Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Neonatal Intensive Care Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Neonatal Intensive Care Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Neonatal Intensive Care Demand Share Forecast, 2019-2026
9. North America Neonatal Intensive Care Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Neonatal Intensive Care Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Neonatal Intensive Care Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Childcare Clinics
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Neonatal Intensive Care Market Size and Volume Forecast by Type
9.7.1. Infant Warmers
9.7.2. Neonatal Monitoring Devices
9.7.3. Incubators
9.7.4. Respiratory Devices
9.7.5. Convertible Warmer &ubators
9.7.6. Catheters
9.7.7. Phototherapy Equipment
9.7.8. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Neonatal Intensive Care Demand Share Forecast, 2019-2026
10. Latin America Neonatal Intensive Care Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Neonatal Intensive Care Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Neonatal Intensive Care Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Childcare Clinics
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Neonatal Intensive Care Market Size and Volume Forecast by Type
10.7.1. Infant Warmers
10.7.2. Neonatal Monitoring Devices
10.7.3. Incubators
10.7.4. Respiratory Devices
10.7.5. Convertible Warmer &ubators
10.7.6. Catheters
10.7.7. Phototherapy Equipment
10.7.8. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Neonatal Intensive Care Demand Share Forecast, 2019-2026
11. Europe Neonatal Intensive Care Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Neonatal Intensive Care Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Neonatal Intensive Care Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Childcare Clinics
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Neonatal Intensive Care Market Size and Volume Forecast by Type
11.7.1. Infant Warmers
11.7.2. Neonatal Monitoring Devices
11.7.3. Incubators
11.7.4. Respiratory Devices
11.7.5. Convertibl Warmer &ubators
11.7.6. Catheters
11.7.7. Phototherapy Equipment
11.7.8. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Neonatal Intensive Care Demand Share, 2019-2026
12. Asia Pacific Neonatal Intensive Care Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Neonatal Intensive Care Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Neonatal Intensive Care Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Childcare Clinics
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Neonatal Intensive Care Market Size and Volume Forecast by Type
12.7.1. Infant Warmers
12.7.2. Neonatal Monitoring Devices
12.7.3. Incubators
12.7.4. Respiratory Devices
12.7.5. Convertible Warmer &ubators
12.7.6. Catheters
12.7.7. Phototherapy Equipment
12.7.8. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Neonatal Intensive Care Demand Share, 2019-2026
13. Middle East & Africa Neonatal Intensive Care Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Neonatal Intensive Care Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Neonatal Intensive Care Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Childcare Clinics
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Neonatal Intensive Care Market Size and Volume Forecast by Type
13.7.1. Infant Warmers
13.7.2. Neonatal Monitoring Devices
13.7.3. Incubators
13.7.4. Respiratory Devices
13.7.5. Convertible Warmer &ubators
13.7.6. Catheters
13.7.7. Phototherapy Equipment
13.7.8. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Neonatal Intensive Care Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Neonatal Intensive Care Market: Market Share Analysis
14.2. Neonatal Intensive Care Distributors and Customers
14.3. Neonatal Intensive Care Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cook Medical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Medtronic plc
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Teleflexorporated
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. C. R. Bard,
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. B. Braun Melsungen AG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Becton, Dickinson and Company
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
