TechNavio recognizes the following companies as the key players in the Global Fetal and Neonatal Equipment Market: Philips Healthcare, GE Healthcare Ltd., Smiths Medical, and Draegerwerk AG and Co. KGaA.
Commenting on the report, an analyst from TechNavio’s Healthcare team said: “The Global Fetal and Neonatal Care Equipment market is experiencing a significant increase in the number of product launches. For instance, in 2010, Vygon Corp. launched its new range of neonatal peripherally inserted central catheter lines in the market in India. This range has been designed to reduce trauma, morbidity, and consequent infant mortality. In 2011, Fanem Ltd. launched the Koala Crib and the Bilitron Sky. In 2011, Precision Dynamics Corp. launched a new extension to its DuraPrint Laser Printable Patient ID System called DuraPrint TenderCare. DuraPrint TenderCare is used in the Fetal, Neonatal, and Pediatric Care segments.”
According to the report, in recent years, there has been a significant growth in the demand for portable fetal and neonatal care equipment in developing countries. These devices offer excellent performance and are portable, which eliminates the need to invest in a separate neonatal care system for each location. Moreover, there is an increased demand for home care treatment in developed countries for the maternal population post-surgery. Hence, in developed countries, mobile medical units with portable fetal and neonatal care systems are becoming increasingly accessible to provide prenatal checkups to home care patients, which are boosting the sales of portable fetal and neonatal care equipment.
Further, the report states that one of the major challenges confronting the market is the gradual maturation of the market in the US. The mature market in the US is driven mainly by the replacement of old devices and sales of accessories.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Analogic Corp., CareFusion Corp., Covidien plc, Fisher and Paykel Healthcare Corp. Ltd., Getinge AB, Ivy Biomedical Systems Inc., Masimo Corp., Natus Medical Inc., Nonin Medical Inc., Opto Circuits (India) Ltd., OSI Systems Inc., Roche Holding AG, Spacelabs Healthcare Inc., Utah Medical Products Inc., and Welch Allyn Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-fetal-and-neonatal-equipment-mar…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare
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