Aarkstore || Global Fetal (Labor & Delivery) and Neonatal Care Equipment Market (2011-2016)
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Global Fetal (Labor & Delivery) and Neonatal Care Equipment Market (2011-2016)
A ‘preterm’ birth refers to delivery prior to 37 weeks of gestation or 259 days. This generally occurs due to poor prenatal care, high maternal age, induced fertility, labor treatments, and lifestyle choices such as obesity and smoking. Preterm infants usually weigh less than 2.5 Kg; and need external medical assistance for survival, often for the whole year. The health complications of preterm infants include inability with regards to breathing, breastfeeding, and maintenance of optimum body temperature. The neonates are also more prone to jaundice, anemia, and other chronic diseases. The worldwide incidence of preterm births is approximately 9.6%. Its global distribution is uneven, with almost 85% of preterm births occurring in Africa and Asia as a result of substantially larger number of deliveries and higher fertility levels in these regions as compared to the other parts of the world.
This report studies the global fetal and neonatal care market divided into global NICU equipment market, global labor and delivery equipment market, and global other labor & delivery equipment & NICU equipment market over the forecasted period (2011-2016). The global NICU equipment market was worth $1.4 billion in 2011; growing at a steady pace of 6.4% CAGR to reach $1.9 billion in 2016. The global labor and delivery equipment market that primarily consists of fetal monitors is valued at $612 million in 2011; growing at a sluggish rate of 5.9% to reach $797 million in 2016. The global other labor & delivery equipment & NICU equipment market that mainly consists of respiratory assistance devices, monitoring equipment, and delivery systems is worth over $2.2 billion in 2011; growing at a CAGR of 6.4% to reach $3.2 billion in 2016.
Players are implementing various growth strategies in the market to gain competitive edge. New product launches, agreements and collaborations, partnerships, joint ventures, mergers and acquisitions were certain strategies adopted by the players between January 2008 and June 2011. Our research indicates that new product launches form a major growth strategy in the global fetal and neonatal care market; accounting for a 44% of its share.
The global fetal and neonatal care equipment market is highly dynamic and growing due to continuous R&D activity. With the increasing need for wireless technology and varying customer requirements, the companies are focusing on continuous development and keeping an eye on innovation of products by releasing upgraded and improved versions of devices into the market to accurately monitor the neonates, thereby increasing the survival rates.
The other major growth strategy adopted by the players is agreements and collaborations with a share of 36%. Distribution agreements for business expansion into different geographies are also prevalent in the industry. Healthcare service provider companies also entered into agreements with device manufacturing companies so as to improve patient care, delivery care, and quick identification of risks.
Table of Contents :
1 INTRODUCTION
1.1 KEY TAKE-AWAYS
1.2 REPORT DESCRIPTION
1.3 MARKETS COVERED
1.4 STAKEHOLDERS
1.5 RESEARCH METHODOLOGY
1.5.1 MARKET SIZE
1.5.2 KEY DATA POINTS FROM SECONDARY SOURCES
1.5.3 KEY DATA POINTS FROM PRIMARY SOURCES
1.5.4 MARKET SHARE
1.5.5 ASSUMPTIONS MADE FOR THE REPORT
2 SUMMARY
2.1 OVERVIEW OF THE MARKET
3 MARKET OVERVIEW
3.1 INTRODUCTION
3.2 GLOBAL FETAL MONITORING & NEONATAL INTENSIVE CARE UNIT (NICU) EQUIPMENT MARKET
3.3 KEY MARKET DYNAMICS
3.3.1 DRIVERS
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