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20-Apr-2021

Neonatal Thermoregulation Market Size, Share, Growth, Trends, Opportunity and Global Forecast To 2031 | GE Healthcare, Natus Medical Incorporated., Inspiration Healthcare Group plc | FMI Report

The neonatal thermoregulation industry has taken the spotlight in healthcare sector with the advanced monitoring systems for neonates gaining traction. Additionally, rise in number of pediatric clinics and neonatal intensive care coupled with the new inventions by industry players is creating avenues for demand growth. While the COVID-19 pandemic affected the industry output and demand-supply patterns, various macro-economic factors such as increase in governmental investments in healthcare sectors, advancements in medical technology, and increase in per capita health expenditure are expected to keep fuelling the sales in the post-pandemic years.

International Companies Targeting Emerging Economies for Lucrative Opportunities in the Neonatal Thermoregulation Market

The companies involved in the manufacturing and marketing of neonatal care equipment are shifting their focus towards emerging economies such as China, India, South Africa, Brazil and Mexico. Multinational companies are especially targeting the Asian markets for developing neonatal infant care equipment due to a significant demand and a potentially large customer base. For instance, in 2013, Koninklijke Philips N.V. entered the mother and childcare business segment, where it manufactures infant warms and incubators at affordable prices as compared to other market players in India. In December 2013, the GE Healthcare designed models to improve quality of neonatal care. The company launched two products for neonatal care in India, the new Lullaby Warmer Prime, and Lullaby Resus. The cost was about 40% lower than the existing offerings from GE, so that the products are easily accessible in low-middle income economic countries. Companies in the Asia Pacific region are developing innovative solutions to meet the growing needs of the neonatal care and treatment market. Companies, such as MTTS Asia and Pluss Advanced Technologies Pvt. Ltd. have developed innovative products, such as Miracradle and MTTS Firefly, catering to the demand for cooling systems in the region.

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Market Segmentation by Category

Product Type

  • Warmer
    • Radiant Warmer
    • Wall Mount Warmer
  • Neonatal Incubators
    • Intensive Care Incubator
      • Hybrid Incubator
      • Selective Close Care Incubators
    • Transport Incubator
  • Neonatal Cooling Systems

Modality

  • Open
  • Close

End User

  • Hospitals
  • Paediatric and Neonatal
    • Intensive Care Units
  • Others

Region

  • North America
  • Latin America
  • Europe
  • Middle East and Africa (MEA)
  • East Asia
  • South Asia
  • Oceania

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Global Neonatal Thermoregulation Market: Competitive Landscape

In this report, some of the important companies functioning in the global neonatal thermoregulation market have been profiled in the competitive landscape section. Some of the prominent companies that have been featured include GE Healthcare, Natus Medical Incorporated., Inspiration Healthcare Group plc, Koninklijke Philips N.V., Drägerwerk AG & Co. KGaA, Fisher & Paykel Healthcare, International Biomedical, Ltd., Atom Medical Corporation, Fanem Ltda, Novos Medical Systems, Pluss Advanced Technologies Pvt. Ltd., Weyer GmbH, BabyBloom Healthcare BV and Medical Technology Transfer and Services Asia.

Preview Analysis On Global Neonatal Thermoregulation Market Segmentation By Product Type – Warmer,Radiant Warmer,Wall Mount Warmer,Neonatal Incubators,Intensive Care Incubator,Hybrid Incubator,Selective Close Care Incubators,Transport Incubator,Neonatal Cooling Systems; By Modality Type – Open,Closed; By End User Type – Hospitals,Paediatric and Neonatal,Intensive Care Units,Others: https://www.futuremarketinsights.com/reports/neonatal-thermoregulation-market

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Last Updated: 20-Apr-2021