Overview:

In the year 2018, Asia-Pacific Prenatal and Neonatal Equipment Care Market was valued at USD 2.2 Billion. By the year 2023, it is expected to reach USD 3.06 Billion at pace of 6.8% CAGR.

 Prenatal, fetal and neonatal equipment are part of the equipment and devices that help care for newborns and babies that develop inside the mother's uterus. Some equipment that helps to control and diagnose both the mother and the fetus has been included in the category of prenatal and fetal equipment. The equipment that helps to control, diagnose and treat newborn babies is included in the neonatal care team.

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Underlying Causes

The growth for Asia-Pacific Prenatal and Neonatal Equipment Care Market is driven due to factors like increasing incidences of preterm birth, growing awareness about prenatal and neonatal care among, rising demand for prenatal therapeutics, diagnostics, and monitoring devices, and increasing healthcare expenditure in the developing countries. In addition, advancement of technologies in the medical sector, introduction of advanced equipments, increasing investments for R&D activities and improving healthcare infrastructure is expected to drive the market growth. However, limited availability of proper neonatal care, and lack of awareness about Prenatal and Neonatal Equipment in rural areas are expected to hindetr the growth rate for Asia-Pacific Prenatal and Neonatal Equipment Care Market during the forecast period.

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Geographic Segmentation:

Based on geography the Asia-Pacific Prenatal and Neonatal Equipment Care Market have been primarily divided into China, India, South Korea, Japan and Australia. India holds the largest market share in the Prenatal and Neonatal Equipment Care followed by China during the forecast period.

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Key Players:

Leading companies for Asia-Pacific Prenatal and Neonatal Equipment Care Market are CareFusion Corporation, Covidien PLC, Dragerwerk AG & Co. KGaA, Cooper Surgical, Inc., FUJIFILM SonoSite, Inc., GE Healthcare, Getinge AB, Fisher & Paykel Healthcare Limited, Natus Medical Incorporated, Philips Healthcare, Siemens Healthcare, Nonin Medical, Inc., and Smiths Medical. 

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