Prenatal, Fetal and Neonatal Equipment Market is Set to Garner Staggering Revenues by 2019

The report states that several factors will help in driving the market’s growth, including the high birth rate in developing regions; the rising awareness about prenatal and neonatal care equipment; rising prevalence of preterm births and the subsequent efforts to increase survival rates in such cases; the increased global demand for advanced diagnostics, therapeutics, and monitoring mediums for prenatal and neonatal care.

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However, the market’s growth is projected to be restrained to a certain extent owing to factors such as lack of product differentiation in the market and low birth rates in some developed countries. Nevertheless, technological developments in prenatal and neonatal care equipment, and initiatives taken by government and non-profit bodies aimed at improving fetal and neonatal care are expected to give rise to significant growth opportunities for the market in future years.

The report segments the market on the basis of two criteria: product type and geography.On the basis of product type, the market has been broadly segmented into prenatal and fetal equipment and neonatal equipment. The segment of prenatal and fetal equipment has been further segmented into ultrasound and ultrasonography, fetal monitors, fetal magnetic resonance imaging, and fetal Dopplers. The segment of neonatal equipment constitutes infant warmers and incubators, neonatal monitoring devices, phototherapy equipment, and respiratory assistance and monitoring devices.

In 2012, the segment of respiratory assistance and monitoring devices held a share of over 40% in the global market owing to the high prevalence of premature births on a global front.

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On the basis of geography, the market has been segmented into North America, Asia Pacific, Europe, and Rest of the World. The market for prenatal, fetal, and neonatal equipment in North America led the global market, acquiring a share of over 30% in 2012. With a 25% share in the market, Europe stood second.

The report presents an overview of the competitive landscape of the global prenatal, fetal, and neonatal equipment market with the help of detailed business profiles, finance-related data, business strategies, and product portfolio of some of the key vendors in the market, recent developments, and inputs from industry experts.

Companies profiled in the report include FUJIFILM SonoSite, Inc., Natus Medical Incorporated, Fisher & Paykel Healthcare Limited, Cooper Surgical, Inc., Nonin Medical, Inc., GE Healthcare, Siemens Healthcare, Philips Healthcare, Covidien PLC, CareFusion Corporation, Getinge AB, Dragerwerk AG & Co. KGaA, and Smiths Medical.

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