Preterm births and technological innovations have led to a high demand for fetal and neonatal care in several countries. As per reports from the WHO (World Health Organization), preterm births are not limited to a particular geographical region, but are in fact a global phenomenon. The global fetal and neonatal care equipment market stood at $5.51 billion in 2015, with the demand being the highest in the Americas, followed by EMEA (Europe, Middle East and African countries) and APAC (Asia Pacific countries), respectively. According to analysts at Technavio, the market will record a CAGR of 7% by 2020.
Key vendors in the global fetal and neonatal care equipment market
GE Healthcare
Established in 1985, GE Healthcare operates as a subsidiary of GE Electronics. The company manufactures and markets diagnostic imaging systems, cardiac devices, patient monitoring, and healthcare IT solutions, along with providing transformational medical technologies and services. Its ‘Corometrics 170 Series Fetal Monitor’ provides cost-effective, reliable, and accurate fetal monitoring.
BD
Based in Franklin Lakes, BD mainly serves healthcare institutions, life science researchers, clinical laboratories, and pharmaceuticals. The company offers its range of fetal and neonatal care products through its subsidiary CareFusion. Some of its products include respiratory monitoring, as well as labor & delivery patient monitoring equipment. These products feature invasive and non-invasive ventilation for all patient types and support the breathing functions of infants.
Philips Healthcare
A subsidiary of Royal Philips Electronics, Philips Healthcare manufactures and markets diagnostic imaging systems, healthcare IT solutions, and patient monitoring and cardiac devices. When it comes to fetal care, the company manufactures fetal monitors, ultrasound systems, incubators, infant warmers, and infusion sets. In January 2016, Philips Healthcare partnered with Monica Healthcare to provide a fetal monitoring solution to monitor at-risk patients.
Drägerwerk
Based in Germany, Drägerwerk’s medical division product portfolio includes emergency and mobile ventilation units, anesthesia workstations, warming therapy equipment for infants, ventilation equipment for intensive care, IT solutions and gas management systems, and patient monitoring equipment. All the fetal and neonatal care products are distributed through its medical division. In May 2015, the company launched the next generation Jaundice Meter, ‘JM-105’ for detection of jaundice in infants.
Fisher & Paykel Healthcare
Established in 1971, Fisher & Paykel Healthcare is a respiratory device product vendor that offers respiratory care, acute care, and obstructive sleep apnea (OSA) products. When it comes to neonatal care, the company manufactures and markets patient warming, infant resuscitators, and continuous positive airway pressure systems that improve infant respiratory function, along with other neonatal care products.
Utah Medical Products
Utah Medical Products develops, manufactures and markets specialty medical devices designed for neonatology, gynecology, obstetrics, and urology. Some of the company’s neonatal care products include peripherally inserted central catheters, neonatal oxygen hoods, neonatal blood pressure monitoring systems, blood filtrations systems and orotracheal protection device. The company also provides a large range of healthcare products for women.
Spacelabs Healthcare
Established in 1958, Spacelabs Healthcare is a wholly owned subsidiary of OSI Systems. Patient monitoring and connectivity, diagnostic cardiology and anesthesia delivery are the three divisions under which the company offers its products and services.
Analogic
Analogic, is an American multinational company that provides health care and security technology solutions. Some of its major product offerings include transducers and probes, computed tomography (CT), magnetic resonance imaging (MRI) and digital mammography. The company also develops state-of-the-art automatic explosive detection systems (EDSs) for checkpoint baggage applications.
Masimo
A global medical technology company, Masimo develops and manufactures innovative non-invasive patient monitoring technologies, including medical devices and a wide array of sensors. Pulse oximetry is one of its most popular products and is used in hospitals around the world. Rainbow acoustic monitoring, SedLine brain function monitoring, and Patient SafetyNet are some of its other non-invasive patient monitoring products.
OSI Systems
A designer and manufacturer of specialized electronic systems and components for critical applications, OSI Systems provides products and services in diversified markets like homeland security, healthcare, defense and aerospace industries. Its healthcare division provides innovative medical systems and services that meet the patient monitoring, cardiology, and anesthesia delivery and ventilation system needs of clinicians and healthcare facilities around the world.
Welch Allyn
Established in 1915, Welch Allyn is a prominent manufacturer of medical diagnostic devices, patient monitoring systems, and miniature precision lamps. A part of the Hill-Rom family of companies, it invented the first direct-illuminating, hand-held ophthalmoscope. Most products from Welch Allyn meet the requirements outlined by the EMC, CSA and other accreditation authorities prior to distribution.
Nonin Medical
Nonin Medical is a global leader in developing highly accurate noninvasive medical monitoring solutions. The inventors of finger pulse oximetry, the company is headquartered in Minnesota. Neonatal sensors, vet sensors, capnography monitoring solutions are some of the other products the company has developed.
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