DUBLIN--(BUSINESS WIRE)--The "Neonatal Intensive Care Respiratory Devices Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029" report has been added to ResearchAndMarkets.com's offering.
The global neonatal intensive care respiratory devices market is growing effectively, was valued at US$ 1530.5 Mn in 2020 and expected to reach US$ 2339.4 Mn by 2029. Globally increasing breathing disorders in the newborn babies, along with prevalence of respiratory disorders has significantly increased the revenue on a global scale. Acquisitions along with new respiratory equipment and device launches in the neonatal care industry are driving the overall growth in the emerging nations on a global scale.
Increasing cardiovascular, and other respiratory diseases in infants are notable variables expected for the growth of the global neonatal intensive care respiratory devices market. According to FDA, in 2016, more than 6% of 4 million child births in the U.S. every year needs neonatal intensive care unit (NICU) admission and majority of them were due to preterm birth. NICU is also utilized for newborn babies with health disorders such as heart problems, infections, or birth defects. Increasing population along with increasing hospital admissions in the Asia Pacific is a major factor in escalating the growth in the end user segment. Moreover, growth in the specialty clinics and nursing homes in the emerging nations along with increased government funding for child care has sustained the administrations of neonatal intensive care respiratory devices on a global scale.
In 2020, the U.S contributed maximum revenue in the global neonatal intensive care respiratory devices market accredited to the rising prevalence of respiratory disorders. Major factors include increasing awareness, FDA approvals for advanced devices, and increasing emergency care services along with better reimbursement structure. Developing nations always suffer the burden of neonatal and fetal deaths. As per WHO, more than 2.5 million infant deaths were reported in the year 2017. Nevertheless, in poorer nations the accessibility of advanced devices are limited. Lack of skilled physicians, very less suitability of medical treatment and the high cost of various products along with the availability are few factors restraining the overall growth of the neonatal intensive care respiratory devices market.
This study report represents analysis for each segment from 2019 to 2029 considering 2020 to be the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period from 2021 to 2029.
The current report also comprehends qualitative and qualitative market valuation factors such as key market drivers, market trends, restraints and opportunities that gives a better market understanding of the overall neonatal intensive care respiratory devices market. Additionally, the global report also comprises graphical representation of competitive landscape based on their market initiatives and strategies, product portfolio and business strengths.
Key questions answered in this report
- What are the current market trends and dynamics in the neonatal intensive care respiratory devices market and valuable opportunities for emerging players?
- Market positioning of major key players operating in the market?
- Which segment accounts for the fastest CAGR during the forecast period?
- Which device type segment holds a larger market share and why?
- Are low and middle-income economies investing in the neonatal intensive care respiratory devices market?
- What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America and Middle East & Africa?
Key Topics Covered:
Chapter 1. Preface
Chapter 2. Executive Summary
2.1. Global NICRD Market Portraiture
2.2. Global NICRD Market, By Device Type, 2020 (US$ Mn)
2.3. Global NICRD Market, By End User, 2020 (US$ Mn)
2.4. Global NICRD Market, by Geography, 2020 vs. 2029 (Value %)
Chapter 3. Global Neonatal Intensive Care Respiratory Devices (NICRD) Market: Market Dynamics and Future Outlook
3.1. Market Overview
3.2. NICRD Market Technologies: Future Trends
3.3. Current Scenario: New Product Launches, High Prevalence For Cardiovascular Diseases
3.4. Challenges
3.5. Opportunities
3.6. Attractive Investment Proposition, by Geography, 2020
3.7. Competitive Landscape
Chapter 4. Global Neonatal Intensive Care Respiratory Devices (NICRD) Market, by Device Type, 2019 - 2029 (US$ Mn)
4.1. Overview
4.2. Nebulizers
4.3. Inhalers
4.4. Ventilators
4.5. Continuous Positive Airway Pressure Devices
4.6. Apnea Monitors
Chapter 5. Global Neonatal Intensive Care Respiratory Devices (NICRD) Market, By End User, 2019 - 2029 (US$)
5.1. Overview
5.2. NICU Hospitals
5.3. Specialty Clinics
5.4. Nursing Homes
Chapter 6. Global Neonatal Intensive Care Respiratory Devices (NICRD) Market, by Geography, 2019 - 2029 (US$ Mn)
Chapter 7. Company Profiles
- GE Healthcare
- Medtronic plc.
- C. R. Bard Inc.
- Inspiration Healthcare Group plc
- Getinge AB
- Dragerwerk AG & Co. KGaA
- Becton
- Dickinson and Company
- Cook Medical
- Teleflex Incorporated
- Trudell Medical International
-
Mercury Medical
For more information about this report visit https://www.researchandmarkets.com/r/w0l094
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
