The global market size for fetal labor, delivery, and neonatal equipment reached USD 8.21 Billion in 2022 and is anticipated to achieve USD 13.87 Billion by 2032, with a projected revenue compound annual growth rate (CAGR) of 6% throughout the forecast period. Key drivers of the market's revenue expansion include the escalating rates of preterm births, advancements in fetal and neonatal equipment technology, and increased investments by both public and private entities in the healthcare sector.The global rise in preterm births has become a significant worldwide concern, evidenced by the increasing rate of such births. According to the World Health Organization (WHO), approximately 15 million babies are born prematurely each year, accounting for one in ten births globally. Preterm birth stands as a primary contributor to infant mortality and morbidity. Consequently, there is a surging demand for fetal and neonatal equipment to address the challenges associated with preterm births, thereby propelling the growth of the market.
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Market Overview:
In 2022, North America held a dominant position in the market for fetal labor, delivery, and newborn equipment. However, the Asia Pacific market is expected to achieve the highest revenue Compound Annual Growth Rate (CAGR) in the projected period, driven by a surge in preterm births and escalating healthcare expenses. Europe is poised for moderate growth during this anticipated period, fueled by its well-established healthcare system and increased investments in Research and Development (R&D) activities.
Key Players covered in this report are
- Drägerwerk AG & Co. KGaA
- GE Healthcare
- Philips Healthcare
- Fisher & Paykel Healthcare
- Natus Medical Incorporated
- Siemens Healthineers AG
- Medtronic
- Smiths Medical
- Atom Medical Corporation
- Phoenix Medical Systems Pvt. Ltd.
Based on Product Type market is segmented into:
- Labor and Delivery Equipment
- Neonatal Monitoring Equipment
- Neonatal Therapeutic Equipment
- Others
Based on Application market is segmented into:
- Hospitals
- Clinics
- Homecare
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Based on Region market is segmented into:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Major Points covered in this report are as below:
- An analysis of Fetal Labor And Delivery And Neonatal Equipment industry development trends and marketing channels, as well as an assessment of the feasibility of new investment projects, is presented in the study.
- In addition to providing key statistics on the industry, the report provides valuable guidance and direction for companies and individuals interested in this market through tables and figures.
- In addition to developing policies and plans, this report analyzes manufacturing processes and cost structures. It also provides information about import/export demand, costs, prices, revenues, and gross margins.
- This report provides information on the market status of Fetal Labor And Delivery And Neonatal Equipment manufacturers and provides valuable insight into the market for companies and individuals.
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We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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