Neonatal deaths are accounting for more than 40% of the total child deaths across the world. Pre-mature birth complications and high incidences of asphyxia are the major causes of neonatal deaths. Growing awareness, low cost equipment, and replacement market are some of the factors driving the growth of neonatal equipments industry.

Global neonatal equipment market is witnessing significant growth rate for the past few years as a result of improved healthcare facilities, technological innovations in medical devices, and continuous monitoring of trained healthcare professionals. Growing wealth, increasing mortality rate (IMR), increasing demand for private healthcare, reforms from governments, and active participation of social organizations in neonatal healthcare programs are some of the factors driving the growth of this industry.

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Neonatal equipment industry is experiencing spectacular growth for the past few years as many new entrants are emerging in this market providing better healthcare facilities, thus, leading to increased competition. The market grew at an average rate of 25% over the past three years. Leading multinational companies, medium sized corporate, importers, and small companies are operating in this field; however, the market is dominated by multinational companies in premium segments and medium sized companies in low cost segments.

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Market Segmentation

Based on Product

Equipments for thermal Control
Radiant Warmers
Incubators
Transport Incubators

Monitoring Devices
Pulse Oximeter
Apnea Monitor
Bilrubinometer

Therapy Equipment
Phototherapy Equipment

Life Saving Equipments
CPAP Machines
Ventilators
Concentrator

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