Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
Time for a Digital Revolution in the Women’s Health Market
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
New-age Technology is Poised to Change Lifestyles—Can Conventional Products Survive?
save 10 %
* Required Fields
Pay by invoice
The neonatal care market is at a juncture where the rate of innovation in devices is much lower, resulting in flat prices and mid-single digit market growth, largely driven by replacement sales. This is especially true for phototherapy units and some respiration assistance devices. However, with increasing demand to provide cost-effective care and predict neonatal health, trends such as predictive analytics, multi-parameter analysis, and wireless capabilities have provided a new direction to the classical incubator or neonatal monitor. Since decades, neonatal care devices, such as incubators, ventilators, and cooling devices, to manage birth asphyxia have been high-cost models that have prevented smaller hospitals and low-resource settings to be able to provide access in proportion to the demand for neonatal care. However, as traditional markets such as North America and Europe saturate and get driven purely on replacement, the growth potential in markets in the Asia-Pacific region remains high.Access to quality neonatal care is a concern currently limiting the growth of the market in low-resource regions. Good neonatal care is still not available in all parts of the world, leading to a disparity in neonatal survival rates. As an example, neonatal cooling devices are still cost prohibitive in most hospitals in Southeast Asia, preventing adequate management of birth asphyxia. However, this is expected to get addressed with start-ups aiming to reduce cost, improve last-mile care, and develop solutions that can overcome logistic hindrances to provide care to neonates born in remote locations or displaced population. The landscape has been dominated by multinationals that have been key market participants since decades with challenges posed by local participants offering comparable solutions at competitive prices.Phase change materials and other technologies are being evaluated to develop thermoregulation solutions that are affordable to install and inexpensive to operate and maintain. Wearables are also expected to disrupt the neonatal monitoring space by providing less bulky, low-cost solutions. Low-cost resuscitation technology, while increasing the availability of care also creates room for errors in ventilation and air pressure. Companies have an opportunity to develop cost-effective platforms that can improve last-mile connectivity and global neonate health outcomes.This study provides an overview of the neonatal care market opportunity, in terms of hard numbers, unmet needs, and game changing strategies. It provides 5-year forecasts for revenue and units shipped year-on-year as well as market share of companies participating in the landscape.
Key Issues Addressed
North America Protective Footwear Market Driven by Stringent Safety Norms, 2020–2025
Innovative Business Models to Transform the Global C.A.S.E. Market, Outlook 2021
Industry Convergence to Transform the Global Plastics and Composites Market, Outlook 2021
Global Animal Feed Ingredient Market Powered by Antibiotic Alternatives and Vertical Integration
COVID-19 Pandemic Catalyzes the Transformation of the Healthcare Provider Sector in Saudi Arabia
European Building Insulation Materials Market Driven by Energy-efficiency Targets
Evolution of Electric Vehicles Transforming the Global Automotive Lubricants Industry
Technological Advancements and Emerging Applications in the Global Magnetic Resonance Imaging (MRI) Market, Forecast to 2024
Key Architectural Trends Determining Construction Materials Usage, Outlook 2021
Nutricosmetic Ingredients Nurture the Global “Beauty-from-Within” Supplement Markets
functional food market
augmented reality market
composite materials market
electric vehicle market analysis
commercial uav market
power electronics market
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.