The Europe Neonatal Critical Care Equipment Market would witness market growth of 12% CAGR during the forecast period (2020-2026). Neonatal Intensive Care Units (NICUs) have complex machines and devices designed to meet the unique needs of small babies. The NICU will overpower a new parent. Learning about what to expect from the NICU can help to ease your concerns. Heart or cardiorespiratory monitor shows the heart of the child and the breathing levels and rhythms on the screen. Key advances have been made in the field of neonatal care in recent times as the need for better care for newborns has increased. The number of newborn children suffering from a variety of diseases and illnesses has also risen in recent years, and this has fueled demand for neonatal intensive care in the global sector.
In addition, physicians, doctors, and specialists have been focusing on the need for better neonatal care to ensure that the child is prevented from acquiring infections or diseases. It has provided a boost to the development of the global neonatal intensive care industry. The government has also been encouraging clinics and health facilities to ensure that children are properly treated and protected from hospital-acquired infections.
The rising incidence of neonatal jaundice, an increasing number of preterm births, and the introduction of new products for use in Neonatal Intensive Care Units (NICUs) are anticipated to drive the market for neonatal critical care equipment. The market for neonatal critical care equipment is characterized by a high prevalence of neonatal jaundice worldwide.
The increasing prevalence of hospital-acquired neonatal diseases and complications is one of the main factors driving the development of the industry. In addition, growing cases of premature birth with poor immunity and small weight lead to the rising need for FNC equipment across the globe. Maternal and fetal care is rapidly becoming a global priority to prevent deaths during pregnancy and childbirth. In addition, technological advancements and innovations in patient monitoring, respiratory and phototherapy devices aimed at making them more user-friendly, cost-effective, and highly accurate provide a boost to the market.
Based on Type, the market is segmented into Respiratory Equipment, Thermoregulation Equipment, Monitoring Equipment, Phototherapy Equipment, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: Neonatal Critical Care Equipment Market in Europe is expected to register a CAGR of 12% during the forecast period (2020-2026)
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Cardinal Health, Inc., General Electric (GE) Co. (GE Healthcare), Medtronic PLC, Ambu A/S, Becton, Dickinson and Company, Koninklijke Philips N.V., Dragerwerk AG & Co. KGaA, Utah Medical Products, Inc., Natus Medical Incorporated, and Inspiration Healthcare Group PLC.
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