The global neonatal infant care equipments market is expected to grow at an exponential CAGR in the years to come. Neonatal Infant Care Equipment is a device that is employed to offer proper care to the babies having various health complications. The manufacturers are taking up various steps in order to develop the equipment and make it more efficient and precise in function. The product is attaining huge recognition across various healthcare institutes due to augmented efficiency and rising prerequisites among the population.
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Global Neonatal Infant Care Equipments market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
- GE Healthcare
- Koninklijke Philips
- Natus Medical
- And Other
The factors that are playing a vital role in raising the market share may include constant technological developments, innovations, increasing concerns among the population, rise in the recognition of the equipments, augmented demand across various healthcare institutes, enhancement in the healthcare infrastructure, developing economies, introduction of multi-specialty products, mounting awareness regarding the availability of the product, advancements in the product, rise in the population, and rise in the cases of premature birth occurrences.
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
- Thermoregulation Devices
- Phototherapy Equipment
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Neonatal Infant Care Equipments for each application, including
- Pediatric and Neonatal Clinics
- Nursing Homes
Global Neonatal Infant Care Equipments Market is segmented on the basis of product type as Phototherapy Equipment, Vision Screening, Monitoring Systems, Hearing Screening, Thermoregulation Devices, and others. Among all the product types, it has been observed that the segment of Thermoregulation Devices is taking up the largest share in the market. The only factor that is acting as major hurdle in the market growth may include deficiency of product demarcation and soaring prices of brain monitoring devices and ventilators.
It has been estimated that the Neonatal Infant Care Equipments Market will display a robust growth in near future due to rising applications and scope across the globe. Neonatal Infant Care Equipments Market is segmented on the basis of application as Pediatric and Neonatal Clinics, Nursing Homes, Hospitals, and others. Among all the applications, it has been noted that the segment of Pediatric and Neonatal Clinics is currently holding up the largest share in the market.
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