United States prenatal & neonatal care devices market are anticipated to show a robust growth in the upcoming five years, 2023-2027. The market growth can be attributed to the rapid technological advancements in the fetal and neonatal healthcare industry. Healthcare industry in the country is well developed and with the increased research and development of the medical devices and efficiency and effectiveness of the prenatal and neonatal care devices is supporting the growth of the United States prenatal & neonatal care devices market in the upcoming five years. Moreover, growing investments by the governing bodies and healthcare providers along with the high birth rate in the country, the market is expected to boom in the next five years on the backbone of these mentioned drivers.
Premature babies are born before the expecting mother reaches her gestation period and gives birth to the baby before the complete development of the babies. The premature organs are not able to grow completely which is a must before the birth of the baby. In these cases, the premature babies are kept under complete observation round the clock and are supplied with proper care at the nursing homes or the hospitals until their organs are fully developed. Preterm births are quite common, according to World Health Organization, every 10th child is born prematurely and increasing instances of expecting mothers not following proper doctor’s recommendations and indulging into smoking and excessive alcoholism is major cause of premature births and thus driving the growth of the market in the upcoming five years.
The United States prenatal & neonatal care devices market is segmented by device type, application, end user, competitional landscape and regional distribution. Based on end user, the market can be segmented into hospitals, pediatric & neonatal clinics and others like nursing homes. Out of which, the hospital segment dominated the market in its historical years, and it is further anticipated to maintain its dominance in the neonatal & prenatal care market and hold the largest revenue shares of the market during the forecast period. This growth can be accredited to the presence of modern & technologically advanced medical equipment in the hospitals to ensure better patient care. Along with that, abundance of specialists in a hospital is another factor which is further boosting the growth of the segment across the country.
Holding the largest shares of the market, a partial list of market players includes, GE Healthcare, Medtronic USA, Inc., Cardinal Health, Inc., Philips Healthcare (USA), Masimo Corporation, Natus Medical Incorporated, Vyaire Medical, Inc., Becton, Dickinson and Company, Fischer & Paykel Healthcare, Inc., Hill-Rom Holdings, Inc., among others. Moreover, the market players The companies operating in neonatal & prenatal care market across the United States are focusing more towards expanding their share in the market. For instance, these key players are making organic strategies such as new product and service launches, among others, in order to sustain in the highly competitive industry.
Objective of the Study
- To analyze the historical growth of the market size of United States prenatal & neonatal care devices market from 2017 to 2021.
- To estimate and forecast the market size of United States prenatal & neonatal care devices market from 2022 to 2027 and growth rate until 2027.
- To classify and forecast United States prenatal & neonatal care devices market based on device type, application, end user, competitional landscape, and regional distribution.
- To identify dominant region or segment in the United States prenatal & neonatal care devices market.
- To identify drivers and challenges for United States prenatal & neonatal care devices market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United States prenatal & neonatal care devices market.
- To identify and analyze the profile of leading players operating in United States prenatal & neonatal care devices market.
- To identify key sustainable strategies adopted by market players in United States prenatal & neonatal care devices market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers, suppliers, and service providers across the country. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufactures which could not be identified due to the limitations of secondary research. Market insights research analyzed the manufactures, distribution channels and presence of all major players across the country.
Market insights research calculated the market size of United States
Key Target Audience
- Manufacturers, end users, and other stakeholders
- Distributers and suppliers of the products and other stakeholders
- Organizations, forums, and alliances related to prenatal & neonatal care devices products
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2021 |
| Historical Years | 2017 – 2020 |
| Estimated Year | 2022E |
| Forecast Period | 2023F – 2027F |
| Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Device Type · Application · End User |
| Region Scope | South-Region, West-Region, Mid-West Region & Northeast-Region |
| Key Companies Profiled | GE Healthcare, Medtronic USA, Inc., Cardinal Health, Inc., Philips Healthcare (USA), Masimo Corporation, Natus Medical Incorporated, Vyaire Medical, Inc., Becton, Dickinson and Company, Fischer & Paykel Healthcare, Inc., Hill-Rom Holdings, Inc. |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
