Los Angeles, December 12, 2019 – QY Research has published a new report based on a detailed analysis of the global Neonatal (Preterm) Infant Care market. Titled “Global Neonatal (Preterm) Infant Care Market Research Report 2019,” this report states that the global Neonatal (Preterm) Infant Care Market is anticipated to reach more than US$ 2.5 Bn by 2025. In 2018, it was valued over and was valued around US$ 2 Bn a exhibiting a moderate CAGR of 5.6% from 2019 to 2025.
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Health Conditions and Major Risks – Contributing Factors for the Growth of the Market
Drugs and Alcohol: Increasing instances of drugs and alcohol abuse during pregnancy has a lasting effect on unborn babies. Consumption of drugs puts the health of the unborn baby at risk as it has serious consequences such as heart attack, seizures, stroke, and respiratory failure. This results in birth defects such as under-weight, still-born births, and premature babies.
Chronic conditions: Birth defects can also occur due to other chronic conditions in mothers such as high blood pressure, and diabetes.
Other Potential Risks: Other reasons such as premature membrane rupture, multiple pregnancies, STD, too little or too much amniotic fluid are major factors leading to the growth of the Neonatal (Preterm) Infant Care market.
Need for Advanced Neonatal Care – to Foster the Growth of Application Segment
The application segment is bifurcated into Pediatric and Neonatal Clinics, Hospitals, and Others. There is an increasing demand for specialized nurses and advanced neonatal intensive care units as those are required in hospitals for intensive medical care of newborn babies. This is an important factor expected to fuel the growth of the application segment. The type segment is further sub-segmented as Phototherapy devices, Thermoregulation devices, Respiratory assistance devices, Neonatal monitoring systems, and Others.
North America- To Lead the Global Market for Neonatal (Preterm) Infant Care
A high rate of pregnancy in young mothers in Europe and North America is another reason expected to foster the growth of the market. Government initiatives particularly in the U.S.A to a lower number of preterm births and campaigns to promote awareness such as “Healthy people 2010” regarding the issue is leading to the growth of the Neonatal (Preterm) Infant Care market.
The increasing rate of births in the Asia-Pacific region particularly in developing countries such as China and India has resulted in a rising need for Neonatal (Preterm) Infant Care.
Offering Advanced Medical Equipment: A Major Emphasis of the Key Players
Some of the major players operating in the Neonatal (Preterm) Infant Care market are Atom Medical, Dräger, Natus Medical, GE, Medtronic, Lowenstein, Vyaire Medical, Hamilton Medical, and Acutronic. Market players are inclined to provide high-end medical equipment and affordable health care facilities. For instance, Dräger a leading manufacturer with expertise in medical and safety technologies offers pro-development care for new-born such as lighting conditions, sleep-wake rhythm and infection prevention care such as neonatal ventilation, thermoregulation, and others.
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