What is Neonatal Thermoregulation Devices Market?
Neonatal thermoregulation devices have been defined as maintenance of the infants’ temperature with a stable metabolic state along with minimal oxygen and energy expenditure. The healthcare provider has a crucial role in preventing heat loss and providing a stable thermal environment for neonates and infants. This has led to a significant role in driving the global neonatal thermoregulation devices market. Growing healthcare infrastructure across the world has to project the growth of the global neonatal thermoregulation devices market in the forecast period.
The market study is being classified by Type (Neonatal Incubators, Neonatal Cooling Systems and Warmers), by Application (Hospitals, Nursing Homes, Pediatric and Neonatal Clinics and Others) and major geographies with country level break-up.
GE Healthcare (United States), Natus Medical Incorporated (United States), Inspiration Healthcare Group plc. (United Kingdom), Koninklijke Philips N.V. (Netherlands), Dragerwerk AG & Co. KGaA (Germany), Fisher & Paykel Healthcare (New Zealand), International Biomedical, Ltd.(United States), Medtronic (United States), Atom Medical Corporation (Japan), Fanem Ltda (Brazil) and Novos Medical Systems (Turkey) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Pluss Advanced Technologies Pvt. Ltd. (India), Weyer GmbH (Germany), Atom Medical Corp (Japan) and Ibis Medical (India).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that European and United States Players will contribute to the maximum growth of Global Neonatal Thermoregulation Devices market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Neonatal Thermoregulation Devices market by Type, Application and Region.
On the basis of geography, the market of Neonatal Thermoregulation Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Expansion of Pediatrics Clinics and Neonatal Intensive Care Units Globally
- Rising Premature Birth rate in Emerging Economies
Market Trend
- Increasing Number of Installations for NICU Units in Asia Pacific Region
Restraints
- Poor Accessibility for Neonatal Care
Opportunities
- Technological Advancements and Development in Neonatal Thermoregulation Devices
Challenges
- Strict Government Regulation
Key Target Audience
Neonatal Thermoregulation Devices Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others