Neonatal Monitoring Equipment Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2018 to 2028

Published on : May-2018 | List of Tables : 108 | List of Figures : 117 | No. of Pages : 170 | Report Code : FACT746MR | Format : ppt pdf Excel Word

Neonatal monitoring has transformed into a multidisciplinary field that involves unique integration of intelligence from technology, design, medical science & social study. Mounting pressures for leveraging new technologies in order to offer cost-effective, more efficient, and safer neonatal care have made the neonatal intensive care units (NICUs) smarter.

Advancements in monitoring technologies and their growing deployments in NICUs is a key factor enabling faster & easier measurement of myriad physiological parameters in neonates. Current neonatal monitors incorporate several features including ECG recordings, oxygen saturation over time, respiratory rate & air flow, and invasive arterial blood pressure.

Value-based healthcare models have led the development of NICU centers that are well equipped with monitoring & diagnostic devices, coupled with rising number of FDA approvals for these devices. Additionally, gradually increasing awareness on excessive sensory stimuli, discomfort, and procedural pain has been driving the demand for non-obtrusive neonatal monitoring technologies. Demand for neonatal brain monitoring equipment featuring video recording devices will also gain high traction in the near future.

neonatal monitoring equipment market

Neonatal Monitoring Equipment: Requirement for Monitoring Complications in Premature Neonates Continues to Drive Sales

Premature birth has prevailed as the major cause of infants’ mortality, which in turn has urged the World Health Organization in devising and implementing a plan of action regarding determination of its adverse health effects on newborn babies. According to WHO, nearly 3.1% of the global disease burden is accounted by premature birth, and this has resulted into approximately 1.3 million newborn mortality cases worldwide. Rate of preterm delivery varies considerably in different countries across the globe, and the WHO relates its prevalence based on high-income nations (9.3%), middle-income nations (11.3%), and low-income nations (11.8%).

Premature neonates suffer from complications prior to their complete development in the womb. Therefore, monitoring medical problems in cases of premature birth is highly essential to eliminate the possibility of various disabilities such as hearing impairment, visual challenges, and dyslexia. With growing instances of premature births, demand for neonatal monitoring equipment will increase in the upcoming years.

Predictive Monitoring Gains Ground in Neonatal Monitoring

Several parameters and data points are gathered and centrally managed during NICU admissions, which comprise physiological parameters, sensor readings, device data, and interventions and observations of caregivers. High data volume generated in NICUs are leveraged for predictive monitoring that involves physiological data analysis for identifying infants at high risk, thereby enabling early detection of ailments.

Researchers have developed an ECG for continuous analysis of transient decelerations and low heart rate variability for computing heart rate characteristics index (HeRO). This developments aids in early detection of sepsis in newborn babies. Attempts have also been made for using parameters in the detecting apneas of premature infants. Although challenges persist in predictive monitoring and proper training is required for relevant caregivers, this approach has potential for treating life-threatening ailments earlier, thereby improving outcomes in neonatal care.

Pulse Oximetry Perceives High Traction by Providing Safety Net for Neonates in NICUs

Pulse oximetry, a prominent patient monitoring technology, is providing safety for infants and newborns in NICUs, while new advancements in home monitoring enable data transmission of neonates’ vital data to smartphones. The Centers for Disease Control and Prevention (CDC) has slated screening newborns by using pulse oximeters to be beneficial & effective in identifying numerous life-threating conditions. In current-world healthcare facilities, effective patient monitoring technology is highly bound to effective respiratory care.

When it comes to monitoring newborn babies, particularly in NICUs, extra care & safety is essential, which is often delivered through pulse oximetry. The non-invasive nature of pulse oximetry has made it ideal for application in newborns. Several hospitals have been employing pulse oximeters as the standard of care in their NICUs. For example, the NICU at Pennsylvania-based Reading Hospital utilizes Philips Healthcare’s IntelliVue Monitors, and Covidien’s Nellcor pulse oximeters to ensure positive outcomes for newborn babies.

Note: The insights mentioned here are of the respective analysts, and do not reflect the position of Fact.MR

Neonatal monitoring equipment have gained widespread traction as they are vital in ensuring safe health of newborn babies. High susceptibility of neonates to even minor pathogens has driven the need for continuous care, and neonatal monitoring equipment adhere to this need efficiently. Rising neonatal mortality rates, asphyxia, and complications in premature births are key concerns faced by neonatal intensive care units (NICUs), and these concerns are effectively addressed by neonatal monitoring equipment, which in turn will augur well for their market growth.

A recently compiled Fact.MR study issues a 10-year forecast on neonatal monitoring equipment market for the period between 2018 and 2028. This all-inclusive and holistic research examines neonatal monitoring equipment market in detail, providing an exhaustive analysis on key factors impacting present as well as future growth of the market.

Neonatal Monitoring Equipment: Taxonomy

This report imparts quantitative & qualitative analysis on the neonatal monitoring equipment market, providing a 360 view on current and future market prospects. Value forecast rendered in the report is in terms of US$ Bn. Qualitative analysis offered elucidates industry-specific, microeconomic, and macroeconomic factors affecting the market expansion. The report covers complete insights on key growth determinants, deterrents, opportunities and threats that will potentially influence the market in the forthcoming years.

Segment-wise analysis & insights on neonatal monitoring equipment market has been offered that enables readers to gain accurate and transparent insights. The report has branched the neonatal monitoring equipment market in terms of product type, modality, end-user, and region.

Based on product type, key segments include,

  • Ventilator
  • Pulse Oximeter
  • Capnography Meter
  • Cardiorespiratory Monitor
  • Bilirubinometer
  • EEG Monitor
  • Blood Pressure Monitor

Based on modality, key segments include,

  • Portable Devices
  • Transportable Devices
  • Standalone Devices

Based on end-user, key segments include,

  • Hospitals
  • Neonatal Clinics
  • Nursing Homes
  • Diagnostic Centers
  • Other End-Users

Based on region, key segments include,

  • North America
  • Latin America
  • Europe
  • Japan
  • Asia-Pacific Excluding Japan (APEJ)
  • Middle East & Africa (MEA)

Competitive Landscape Assessment

This research study profiles business and product strategies employed by leading participants in the market, and exerts comprehensive insights that enable established and emerging players in devising effective growth strategies. The chapter on competitive landscape tracking is of paramount importance for the market participants who seek gleaning in-depth insights into current market status quo.

Prominent neonatal monitoring equipment manufacturers including General Electric Healthcare Limited, Koninklijke Philips NV, Drägerwerk AG & Co. KgaA, Nihon Kohden Corporation, Opto Circuits (India) Ltd., and Masimo Corporation have been profiled in the report.

A scrutinized SWOT analysis has also been rendered by the report, which imparts strengths, weaknesses, opportunities, and threats to these market players. Intelligence apropos of new product developments, impact of regulatory changes, and mergers & acquisition activities of the market players has also been contained for perusal of the report readers.

Research Methodology

A tested & proven research approach is employed by analysts at Fact.MR for evaluating key industry dynamics and offering precise and authentic market intelligence. A blend of primary & secondary research has been implemented for offering estimates and forecasts on the neonatal monitoring equipment market. Secondary research forms initial phase of our research, wherein the analysts conduct extensive information mining by referring to up-to-date and verified data resources that include technical journals, regulatory and government published material, and independent studies, which forms the basis of the market estimates.

All the market estimates and forecast offered are further verified via an exhaustive primary research, wherein interviews are conducted with leading market participants, and industry experts. These comprehensive primary interviews aid in validating the information procured and gain significant industry insights, estimations and key developments.

1. Executive Summary
1.1. Highlighting Action Area – Wheel of Fortune
1.2. Opportunity Analysis

2. Global Neonatal Monitoring Equipment Market Overview
2.1. Introduction
2.2. Market Definition
2.3. Market Taxonomy and Segments Captured

3. Global Neonatal Monitoring Equipment Market Outlook
3.1. Market Size (US$ Mn) & Volume (Units) and Forecast, 2013-2028
3.2. Market Y-o-Y Growth
3.3. Forecast Factors

4. Global Neonatal Monitoring Equipment Market Dynamics
4.1. Drivers
4.2. Restraints
4.3. Opportunities
4.4. Trends

5. Pricing and Supply Chain Analysis

6. Actionable Insights and Analysis
6.1. Porter’s Five Forces Analysis
6.2. Scenario Forecast
6.3. PEST Analysis
6.4. Global Neonatal Mortality Rate Since 2000
6.5. Neonatal Mortality Rates By Region 2016
6.6. Major Reasons Behind Neonatal Deaths
6.7. Grades of Neonatal Care

7. Global Neonatal Monitoring Equipment Market Analysis and Forecast By Type, 2013-2028
7.1. Analysis and Forecast By Product Type
       7.1.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Region
       7.1.2. Market Share Comparison, By Region
       7.1.3. Y-o-Y growth Comparison, By Region
7.2. Analysis and Forecast By End User
       7.2.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Region
       7.2.2. Market Share Comparison, By Region
       7.2.3. Y-o-Y growth Comparison, By Region
7.3. Analysis and Forecast By Modality
       7.3.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Region
       7.3.2. Market Share Comparison, By Region
       7.3.3. Y-o-Y growth Comparison, By Region

8. North America Neonatal Monitoring Equipment Market Analysis, 2013-2028
8.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Country
       8.1.1. U.S. Market Size & Forecast Value (US$ Mn) & Volume (Units)
       8.1.2. Canada Market Size & Forecast Value (US$ Mn) & Volume (Units)
8.2.  Revenue (US$ Mn) & Volume (Units), By Product Type
8.3. Revenue (US$ Mn) & Volume (Units), By End User
8.4. Revenue (US$ Mn) & Volume (Units), By Modality

9. Latin America Neonatal Monitoring Equipment Market Analysis, 2013-2028
9.1. Revenue (US$ Mn) & Volume (Units), By Country
       9.1.1. Brazil Market Size & Forecast Value (US$ Mn) & Volume (Units)
       9.1.2. Mexico Market Size & Forecast Value (US$ Mn) & Volume (Units)
       9.1.3. Rest of Latin America Market Size & Forecast Value (US$ Mn) & Volume (Units)
9.2.  Revenue (US$ Mn) & Volume (Units), By Product Type
9.3. Revenue (US$ Mn) & Volume (Units), By End User
9.4. Revenue (US$ Mn) & Volume (Units), By Modality

10. Europe Neonatal Monitoring Equipment Market Size and Forecast, 2013-2028
10.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Country
       10.1.1. Germany Market Size and Forecast Value (US$ Mn) & Volume (Units)
       10.1.2. UK Market Size and Forecast Value (US$ Mn) & Volume (Units)
       10.1.3. France Market Size and Forecast Value (US$ Mn) & Volume (Units)
       10.1.4. Spain Market Size and Forecast Value (US$ Mn) & Volume (Units)
       10.1.5. Italy Market Size and Forecast Value (US$ Mn) & Volume (Units)
       10.1.6. Rest Of Europe Market Size and Forecast Value (US$ Mn) & Volume (Units)
10.2. Revenue (US$ Mn) & Volume (Units) Comparison, By Product Type
10.3. Revenue (US$ Mn) & Volume (Units) Comparison, By End User
10.4. Revenue (US$ Mn) & Volume (Units) Comparison, By Modality

11. Japan Neonatal Monitoring Equipment Market Size and Forecast, 2013-2028
11.1. Japan Market Size and Forecast Value (US$ Mn) & Volume (Units)
11.2. Revenue (US$ Mn) & Volume (Units) Comparison, By Product Type
11.3. Revenue (US$ Mn) & Volume (Units) Comparison, By End User
11.4. Revenue (US$ Mn) & Volume (Units) Comparison, By Modality

12. APEJ Neonatal Monitoring Equipment Market Size and Forecast, 2013-2028
12.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Country
       12.1.1. China Market Size and Forecast Value (US$ Mn) & Volume (Units)
       12.1.2. India Market Size and Forecast Value (US$ Mn) & Volume (Units)
       12.1.3. Malaysia Market Size and Forecast Value (US$ Mn) & Volume (Units)
       12.1.4. Singapore Market Size and Forecast Value (US$ Mn) & Volume (Units)
       12.1.5. Australia & New Zealand  Market Size and Forecast Value (US$ Mn) & Volume (Units)
       12.1.6. Rest of APEJ Market Size and Forecast Value (US$ Mn) & Volume (Units)
12.2. Revenue (US$ Mn) & Volume (Units) Comparison, By Product Type
12.3. Revenue (US$ Mn) & Volume (Units) Comparison, By End User
12.4. Revenue (US$ Mn) & Volume (Units) Comparison, By Modality

13. MEA Neonatal Monitoring Equipment Market Size and Forecast, 2013-2028
13.1. Revenue (US$ Mn) & Volume (Units) Comparison, By Country
       13.1.1. GCC Market Size and Forecast Value (US$ Mn) & Volume (Units)
       13.1.2. South Africa Market Size and Forecast Value (US$ Mn) & Volume (Units)
       13.1.3. Israel Market Size and Forecast Value (US$ Mn) & Volume (Units)
       13.1.4. Rest of MEA Market Size and Forecast Value (US$ Mn) & Volume (Units)
13.2. Revenue (US$ Mn) & Volume (Units) Comparison, By Product Type
13.3. Revenue (US$ Mn) & Volume (Units) Comparison, By End User
13.4. Revenue (US$ Mn) & Volume (Units) Comparison, By Modality

14. Competition Landscape, Company Share and Company Profiles
14.1. Company Share Analysis and Industry Structure
14.2. Competition Dashboard
14.3. Company Profiles
       14.3.1. General Electric Healthcare Limited
                 14.3.1.1. Company Overview
                 14.3.1.2. Key Segmental Revenue Analyzed
                 14.3.1.3. Company Strategic Assessment
                 14.3.1.4. Channel Strategy
                 14.3.1.5. SWOT Analysis
       14.3.2. Drägerwerk AG & Co. KGaA
                 14.3.2.1. Company Overview
                 14.3.2.2. Key Segmental Revenue Analyzed
                 14.3.2.3. Company Strategic Assessment
                 14.3.2.4. Channel Strategy
                 14.3.2.5. SWOT Analysis
       14.3.3. Getinge AB
                 14.3.3.1. Company Overview
                 14.3.3.2. Key Segmental Revenue Analyzed
                 14.3.3.3. Company Strategic Assessment
                 14.3.3.4. Channel Strategy
                 14.3.3.5. SWOT Analysis
       14.3.4. Koninklijke Philips N.V.
                 14.3.4.1. Company Overview
                 14.3.4.2. Key Segmental Revenue Analyzed
                 14.3.4.3. Company Strategic Assessment
                 14.3.4.4. Channel Strategy
                 14.3.4.5. SWOT Analysis
       14.3.5. Medtronic Plc
                 14.3.5.1. Company Overview
                 14.3.5.2. Key Segmental Revenue Analyzed
                 14.3.5.3. Company Strategic Assessment
                 14.3.5.4. Channel Strategy
                 14.3.5.5. SWOT Analysis
       14.3.6. Other Public and Private Players

15. Key Takeaways

16. Research Methodology

17. Disclaimer

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Neonatal Monitoring Equipment Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2018 to 2028