According to the report, High Birth Rate in Developing Regions
is one of the primary growth factors for the market. Rising Incidence of Preterm Births
is also expected to contribute significantly to the Neonatal Intensive Care market. Overall, Hospitals
applications of Neonatal Intensive Care, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Product Type, such as Peripheral Catheters [Peripheral Intravenous Catheters (PIVC), Midline Catheters (Extended Dwell)], is boosting the Neonatal Intensive Care market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End User, such as Hospitals, is boosting the Neonatal Intensive Care market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Neonatal Intensive Care market identified that the demand is rising in many different parts of the world as "Surging Levels of Investment in Healthcare Infrastructure
". Furthermore, some recent industry insights like "In October 2019, Inspiration Healthcare Group plc announced the launch of the CosyTherm2 controller for neonatal units. The company presented its product range in November 2019 at MEDICA - the world's largest medical trade fair for medical technology - with the aim of strengthening its brand presence on the market. and In April 2019, Dragerwerk AG & Co. KGaA received FDA approval for Seattle Positive Airway Pressure (PAP) and a system for newborns with respiratory distress syndrome." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Neonatal Intensive Care market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Neonatal Intensive Care market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.