Fetal and Neonatal Care Equipment Market -Size, Share, Outlook, and Opportunity Analysis, 2018–2026


Posted October 30, 2018 by coherent3

Fetal monitoring is required to constantly monitor health of the unborn baby and ensure a safe birth.

 
Fetal monitoring is required to constantly monitor health of the unborn baby and ensure a safe birth. Equipment, which helps to assist in diagnosis, monitoring or treatment of newborn babies are neonatal care equipment. Healthcare professionals perform fetal monitoring during pregnancy and labor, as that process is crucial for keeping the mother and the child safe and healthy. Growth in fetal and neonatal care equipment market is attributed to increasing rate of birth and preterm births. For instance, according to the United Nations Children's Fund (UNICEF), in 2017, nearly 386,000 babies were born on 1st January worldwide, over which, half of these births were estimated to have taken place in nine countries: India (69,070), China (44,760), Nigeria (20,210), Pakistan (14,910), Indonesia (13,370), the United States (11,280), the Democratic Republic of the Congo (9,400), Ethiopia (9,020) and Bangladesh (8,370).

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Market Dynamics
Fetal and neonatal care is critical during and after pregnancy, as the fetus and neonates are prone to infections and diseases, owing to low immunity. Therefore, regular diagnosis and monitoring is essential. In emerging economies such as those in Africa, increasing number of at-home births results in high mortality rate. According to NCBI data, 2015, Zambia is one of the sub-Saharan African countries with a high maternal mortality ratio (MMR), and the demographic and health survey (DHS) showed that the country’s MMR is 591 maternal deaths per 100,000 live births. Fetal and neonatal care equipment manufacturers are focusing on offering high-end, home-based infant care and neonatal solutions and this is expected to be one of the major factors driving growth of the market. For instance, in February, 2017, Masimo received CE marking for Eve — a critical congenital heart disease (CCHD) newborn screening application, for the Rad-97 Pulse CO-Oximeter. Eve is integrated with Masimo SET Measure-through Motion and Low Perfusion pulse oximetry with a pre-ductal to post-ductal synchronization algorithm designed to reduce calculation errors and in turn saving newborn lives.

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Increasing government initiatives for fetal and neonatal care is expected for growth of the market
Various government and non-government organizations are actively taking initiatives to provide better maternal and fetal care. Moreover, rise in number of problems during pregnancy due to high-blood pressure, diabetes, preterm labor affects the fetus. So, fetal and neonatal care devices are routinely used by gynecologist and obstetrics to examine fetal or babies’ health during labor and delivery. According to National Institute of Health, Newborn screening programs across the U.S., screen four million infants each year. This public health program detects treatable disorders in newborns, allowing treatment to begin, often before symptoms or permanent problems. Furthermore, demand for fetal monitoring devices is also increasing significantly to reduce intrapartum stillbirths. According to WHO, annually, 15 million babies are born preterm, of which 1 million died before the age of five years, as stated in 2015.

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Issued By coherent
Country Barbados
Categories Fitness , Free , Health
Tags fetal and neonatal care equipment market analysis , fetal and neonatal care equipment market share , fetal and neonatal care equipment market trends
Last Updated October 30, 2018