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Asia-Pacific Fetal and Neonatal Care Equipment Market- Growth, Trends, and Forecasts (2020 - 2025)
The Asia-Pacific Fetal and Neonatal Care Equipment Market is segmented By Product (Fetal Care Equipment, Neonatal Care Equipment) and Geography.
- ABOUT THIS REPORT
- Market Snapshot
- Market Overview
- Scope of the report
- Key Market Trends
- Competitive Landscape
- Major Players
- TABLE OF CONTENTS
Market Snapshot
Study Period:
2017-2025
Base Year:
2019
CAGR:
9.6 %
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Market Overview
Asia-Pacific Fetal and Neonatal Care Equipment Market are expected to register a 9.6% of CAGR during the forecast period, 2020 - 2025. The key contributors in the market growth are increasing the number of preterm births and the technological advancements coming up in the care equipment. According to the Australian Institute of Health and Welfare, the preterm birth rate showed a slight increase from 8.2% to 8.7%, 2008 to 2018. In addition, the rate of low birth weight babies was approximately 6.7% in 2018. In 2018, Parents Like Us received a TGA (Therapeutics Good Administration) approval for Sonotech Pro Fetal Doppler. It's characteristic includes high-resolution Colour TFT LCD which gives a high-quality image of Real-time FHR, Histogram, Fetal Heart Rate Values and Heartbeat Waveform. Hence, with the increasing burden of preterm births and novel technologies being introduced in the market, it is expected to fuel the Asia-Pacific Fetal and Neonatal Care Equipment market growth over the forecast period.
Scope of the report
Fetal and Neonatal care equipment are tools that are routinely used in gynaecology and obstetrics interventions, to examine fetal health during labor and delivery. Neonatal devices are extensively used in the neonatal intensive care units (NICUs), where complex machines and monitoring devices are designed for the unique needs of newborn babies. Asia-Pacific Fetal and Neonatal Care Equipment market are segmented By Product and Country.
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Key Market Trends
Incubators is Expected to Show a Significant Growth During the Forecast Period
Incubators are devices that provide a controlled environment for premature babies. It helps babies to keep constant body temperature and provides the uterine environment. The factor such as an increase in a number of pre-matured babies and low-weight babies are expected to influence the market growth. India and China are one of the leading countries with the greatest number of preterm birth. As per the data of the World Health Organization, 2018, around 3,519,100 babies born were premature in India while China accounted with around 1,172,300 preterm births. Hence, incubator becomes essential for such infants as it prevents them from infections, allergens, excessive noise and light levels that may pose a threat to the infant's health. Thus, with the growing number of premature births in Asia-Pacific, incubators demand is expected to boost.
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Competitive Landscape
The key players in Asia-Pacific Fetal and Neonatal Care Equipment market are Atom Medical Corporation, Beckton, Dickinson and Company, Dragerwerk AG & Co. KGaA, GE Healthcare, Koninklijke Philips NV, Masimo, Natus Medical Incorporated, Phoenix Medical Systems (P) Ltd and Vyaire Medical.
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Table Of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Number of Preterm and Low-weight Births
4.2.2 Growing Technological Advancement in Infant and Maternal Care Products
4.2.3 Rising Epigenetic Applications in Non-oncology Diseases
4.3 Market Restraints
4.3.1 High Prices of Advanced Neonatal Care Equipment
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Product
5.1.1 Fetal Care Equipment
5.1.1.1 Fetal Dopplers
5.1.1.2 Fetal Magnetic Resonance Imaging (MRI) Devices
5.1.1.3 Ultrasound Devices
5.1.1.4 Fetal Pulse Oximeters
5.1.1.5 Others
5.1.2 Neonatal Care Equipment
5.1.2.1 Incubators
5.1.2.2 Neonatal Monitoring Devices
5.1.2.3 Phototherapy Equipment
5.1.2.4 Respiratory Assistance & Monitoring Devices
5.1.2.5 Others
5.2 By Geography
5.2.1 Asia-Pacific
5.2.1.1 China
5.2.1.2 Japan
5.2.1.3 India
5.2.1.4 Australia
5.2.1.5 South Korea
5.2.1.6 Rest of Asia Pacific
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Atom Medical Corporation
6.1.2 Beckton, Dickinson and Company
6.1.3 Dragerwerk AG & Co. KGaA
6.1.4 GE Healthcare
6.1.5 Koninklijke Philips NV
6.1.6 Masimo
6.1.7 Natus Medical Incorporated
6.1.8 Phoenix Medical Systems (P) Ltd
6.1.9 Vyaire Medical
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
*List Not Exhaustive
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments
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