Global Neonatal Thermoregulation Market to reach XX by 2027. Global Neonatal Thermoregulation Market is valued approximately XX in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. The process of making equilibrium between heat production and heat loss in aim to maintain body temperature is referred to as thermoregulation. The provision of a thermoneutral surrounding is a critical component of both the long - term and short care of newborn infants. The global neonatal thermoregulation devices market is predicted to rise due to an increase in the prevalence of preterm birth, which results in low body temperature, immediately after birth in the maternity ward, due to a lack of protein intake. According to the National Center for Health Statistics (NCHS), the rate of preterm birth in the United States was 9.93 percent in 2017. Premature delivery and its complications are major causes of infant death in the United States. Furthermore, throughout the projected period, the worldwide neonatal thermoregulation devices market is predicted to rise due to the introduction of revolutionary technologies in medical devices. Additionally, an increase in the number of admissions to Neonatal Intensive Care Units and Special Care Nurseries has increased the demand for neonatal incubators to begin successful therapy for newborn and premature newborns as soon as possible. However, there are some constraints and hurdles that will stifle overall market expansion. The market's growth is being hampered by problems such as a scarcity of qualified doctors, nurses, and health professionals, as well as a lack of norms and protocols. Furthermore, the high cost of an infant warmer may limit the growth of the neonatal infant care market mostly during projection period. In addition, the lack of access to newborn care in low- and middle-income nations will stymie product adoption. Also, newborns are more susceptible to infections and other ailments such as anemia, neonatal sepsis, respiratory distress syndrome, and jaundice, manufacturers are working to provide appropriate equipment. This may vary by location, but it is expected to result in increased revenue in the global market for neonatal thermoregulation in the future.
As of its excellently healthcare sector, the Americas are heavily favored to win the Global Neonatal Thermoregulation Market. The government getting involved in spreading awareness about neonatal diseases also contributes to the market's growth. For example, the Health Resources and Services Administration in the United States has programs such as Screening Quality Assurance Programs and Heritable Disorders Program (HRSA). As a result, such initiatives and programs by the government and non-governmental organizations help to drive market growth. In the Global Neonatal Thermoregulation Market, Europe is estimated to hold the second-largest share. The allocation of money for research is credited with driving market expansion in this region. Due to the existence of a large patient population and rapidly emerging countries, Asia-Pacific is expected to be the fastest expanding region in the market.
Major market player included in this report are:
GE Healthcare
Natus Medical Incorporated
Inspiration Healthcare Group Plc.
Koninklijke Philips N.V.
Dragerwerk AG & Co. KGaA
Fisher 7 Paykel Healthcare
International Biomedical, Ltd.
Atom Medical Corporation
Fanem Ltda
Novos Medical Systems
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Warmer
Neonatal Incubators
Neonatal Cooling Systems
By Modality:
Open
Close
By End-Use:
Hospitals
Paediatric and Neonatal & Industrial
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Neonatal Thermoregulation Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors