DUBLIN, Dec. 30, 2021 /PRNewswire/ — The "Neonatal Intensive Care Market Size, Global Forecast 2022-2027, Industry Trends, Impact of COVID-19, Opportunity Company Analysis" report has been added to ResearchAndMarkets.com's offering.
According to the World Health Organization (WHO), in 2018, preterm births were very high; it has been reported that 15 Million babies are born preterm every year, and this number is increasing.
As these newborn babies have more underdeveloped defense systems, they are more prone to chronic and other diseases like hospital-acquired infections. Therefore these factors are found to be the significant primary reasons for which neonatal intensive care is required. As per the publisher report, Global Neonatal Intensive Care Market will reach US$ 9.9 Billion by 2027.
Worldwide Neonatal Incentive Care Unit Industry is expected to grow with a CAGR of 6.46% from 2021 to 2027
Newborn babies who require intensive medical care are often put in a particular hospital area called the (NICU) neonatal intensive care unit. The NICU has advanced technology and skilled healthcare professionals to give appropriate care for the tiniest patients. It is an intensive care unit (ICU) specializing in ill or premature newborn infants. When a baby is born before completing 37 weeks of pregnancy, most infants are admitted to the NICU have low birth weight, or preterm or suffer from a health condition that needs special care. Neonatal care is a particular type of care given to premature babies with health complications such as difficulty gaining weight or breathing problems.
Pulse Oximeter holds the Largest Market Share as it's routinely used to Monitor an Infant's Oxygen Level
Notwithstanding, premature infants suffer from disorders and complications that are caused due to underdeveloped immunity and immaturity of organs. Therefore, neonates and pediatric patients require constant monitoring of critical health parameters such as Incubators, Neonatal Ventilators, Resuscitators, Blood Pressure Monitors, Pulse Oximeter, Capnographs, Phototherapy Equipment and others.
Pulse Oximeter holds the largest market share because it's routinely used to monitor an infant's oxygen level during a procedure or treatment. It is also helpful in determining an infant's heart lungs are healthy and identifying infants with low levels of oxygen in newborn baby blood who may have severe CHD. Furthermore, blood pressure monitoring is essential in managing hemodynamically unstable neonates and preterm infants. Non-invasive blood pressure measurement (NIBP) with oscillometric technique is widespread use in the Neonatal Intensive Care Units (NICUs).
COVID-19 Impact on Neonatal Intensive Care Market
Globally, the COVID-19 pandemic has disturbed health systems; pandemic-associated disruptions are increasing neonatal mortality. Sick and small newborn care is relatively new in global health and has not been included in international assessments of health service disruptions. Keeping mothers and newborns together is an essential aspect of attentive care and is particularly under threat during the pandemic.
Global Neonatal Intensive Care Unit Market Size was US$ 6.8 Billion in 2021
Worldwide, North America runs the neonatal incentive care industry by its massive demand for technologically advanced products that ensure better healthcare delivery for neonates. The value-based healthcare design has led to the development of well-equipped neonatal incentive care centres along with a rising number of approvals for neonatal critical care equipment from the FDA. For instance, U.S. Food and Drug Administration (FDA) approved Masimo's use of its O3 Regional Oximetry on neonatal patients in June 2019.
Within the Asia Pacific, the growth of the market for neonatal critical care is attributed to the high number of new births and an increase in healthcare expenditure in the region. In addition, increasing government regulatory policy in developing countries such as India has established a strong desire for neonatal critical care equipment and pediatric healthcare facilities.
Key Industry Players
The competitive landscape indicates a consolidated nature of the neonatal intensive care market. Philips, Becton, Dickinson and Company (BD), Teleflex Incorporated and Utah Medical Inc are significant players in the NICU market. A diversified product portfolio and a clear focus on producing highly advanced tools for NICU are adopted by these players for dominance in the global market.
Key Topics Covered:
2. Executive Summary
3. Research Methodology
4. Market Dynamics
4.1 Market Drivers
4.2 Market Restraints
5. Global Neonatal Intensive Care Market
6. Market Share – Global Neonatal Incentive Care
6.1 By Products
6.2 By Geographical Region
7. Products – Neonatal Incentive Care Market
7.2 Neonatal Ventilators
7.4 Blood Pressure Monitors
7.5 Pulse Oximeter
7.7 Phototherapy Equipment
8. Global and National Regulatory Policy
8.3 United States
9. Geographic Region – Global Neonatal Market
9.1 North America
9.3 Asia Pacific
9.4 Rest of World
10. Porters Five Forces
10.2 Bargaining Power of Buyers
10.3 Bargaining Power of Suppliers
10.4 Degree of Competition
10.5 Threat of New Entrants
10.6 Threat of Substitutes
11. Company Analysis
11.1.2 Business Strategy
11.1.3 Financial Insight
11.2 Becton, Dickinson and Company (BD)
11.2.2 Business Strategy
11.2.3 Financial Insight
11.3 Teleflex Incorporated
11.3.1 Company Overview
11.3.2 Business Strategy
11.3.3 Financial Insight
11.4 Utah Medical Inc.
11.4.1 Company Overview
11.4.2 Business Strategy
11.4.3 Financial Insight
For more information about this report visit https://www.researchandmarkets.com/r/i0eju7
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
View original content:https://www.prnewswire.com/news-releases/the-worldwide-neonatal-intensive-care-industry-is-projected-to-reach-9-9-billion-by-2027–301451868.html
SOURCE Research and Markets
Recovering from a three-day sell-off, shares of Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA) stock bounced back on Thursday and are up 7.2% as of 11:11 a.m. ET. Alibaba's bounce back appears tied to a Bloomberg report yesterday that the company is "weighing options" to dispose of its 30% stake in Weibo (NASDAQ: WB), the "Chinese Twitter," and may sell its Weibo shares to "a state-owned firm." There are at least a couple of reasons why such a move could be good for Alibaba.
One day after the American depositary shares of Chinese EV maker Nio (NYSE: NIO) hit their lowest level in over a year, the shares are jumping today. The thing is, these stocks have very little in common, other than the glaring fact that they all are in the electric vehicle sector.
Then, in May, Joe and Julia Roberson changed course and spent $3.5 million on a move-in ready house in South Carolina
The bank suggests going overweight on these sectors to avoid negative returns.
Blame it on an obscure rule. For the first time in a decade, there will be no U.S. stock-market closure in observance of New Year's Day.
Let’s talk about losses. Specifically, let’s talk about individual stock losses during a time of generally rising markets. While these situations can define stocks that are fundamentally unsound, they can also highlight stocks that are primed for rapid gains. To start with, we’re still in a long-term bullish trend. It got started back in March of 2020, when the economy hit bottom during the initial stage of the pandemic crisis. Since then, that first bounce back up has turned into a strong and s
The need of a robust charging infrastructure to support the growth of electric vehicles (EVs) is undisputed. What isn't as clear is which players will be instrumental in developing this infrastructure and, more importantly, whether can they do this profitably. Let's discuss which of the two top EV charging stocks, ChargePoint (NYSE: CHPT) and Blink Charging (NASDAQ: BLNK), is a better buy right now.
Wood believes we're still in a strong bull market. Take advantage.
We recommended CLF in October, so let's see if the stock is a magnet for new buyers — and whether holders should keep their steely resolve.
Privately held Chinese electric vehicle (EV) maker Cenntro had apparently good news for investors on Dec. 27 when it reported the manufacture of more than 600 commercial EVs and their delivery to European clients. Despite this upbeat news, its ally, intimate apparel company Naked Brand Group (NASDAQ: NAKD), saw its shares drop 6.74% by the close of trading on the same day. Naked's stock price slipped below the bare minimum of $1 per share needed to avoid Nasdaq delisting early in 2021, leading it to look around for a merger partner to bring its share price above the critical threshold.
If you haven't been paying close attention to Vector Group (NYSE: VGR) stock lately, you might have woken up to a shock today. At a share price of $11.27 as of 10:45 a.m. EDT Thursday, Vector's stock seems to have lost a third of its value overnight, after closing at $17.16 Wednesday evening. Instead, what happened is that after close of trading yesterday, Vector completed the spinoff of Douglas Elliman Realty (NYSE: DOUG), its New York-based commercial real estate brokerage, effectively dividing itself into two stand-alone companies.
Losing money in the S&P 500 is never fun. But it stings all the more when everyone else is making tons on their stocks.
There's nothing like it if you can find safe stocks that yield as much as 8% in the red-hot energy sector.
Here comes the pilot shortage, says long-time airline analyst Helane Becker of Cowen.
(Bloomberg) — China’s tech giants rebounded on Friday, with thin liquidity exacerbating swings as some traders closed out short positions on the last day of the year.Most Read from BloombergGhislaine Maxwell Found Guilty in Win for Epstein VictimsMercedes Swept Up in China Internet Furor Over Models’ EyesHawaii Is Rethinking Tourism. Here’s What That Means for YouCDC Tells Even Vaccinated to Avoid Cruises; Shares TumbleT Cells Come to the Rescue as Studies Show They Buck OmicronThe Hang Seng Te
Warren Buffett's Berkshire Hathaway portfolio provides a mix of legacy and current investments. Fortunately, some companies in Buffett's portfolio continue to hold potential for investor returns. Investors wanting meaningful growth should consider companies such as Amazon (NASDAQ: AMZN), Apple (NASDAQ: AAPL), and Verizon (NYSE: VZ).
When we talk about electric vehicles (EVs) and their place in the auto market, it’s all too easy to focus on their drawbacks, on the reasons why the internal combustion engine isn’t going away. It would do us good to remember that the same thing was said of the horse and carriage more than a century ago – and here we are. EV technology isn’t new. The difference now is one of degree; the technology has improved so that EVs can match the performance of gasoline-powered vehicles, and there is an in
Analyst Itay Michaeli's new price target for Tesla is $262, which is well below Wall Street's mean consensus.
History and multiple data points suggest that a stock market crash or a steep correction could be on the horizon. If you're an investor who grimaces at the thought of market volatility, buying safe stocks is a good way to ensure you'll sleep well at night. First up is electric utility stock NextEra Energy (NYSE: NEE).
Pinterest (NYSE: PINS) had a rough go of it in 2021. Let's look closer at its prospects and determine if Pinterest's stock has a chance to hit $100 in 2022. Topmost of the reasons for Pinterest's stock decline has been the downward trend in monthly active users (MAU) as economies reopened.