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Fetal and Neonatal Care Equipment Market Size, Share, Trends, Analysis, Report and Forecast to 2022

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According to Stratistics MRC, the Global Fetal and Neonatal Care Equipment market is expected to grow from $7.32 billion in 2016.

GAITHERSBURG, MARYLAND, US, May 3, 2017 /EINPresswire.com/ -- According to Stratistics MRC, the Global Fetal and Neonatal Care Equipment market is expected to grow from $7.32 billion in 2016 to reach $11.86 billion by 2022 with a CAGR of 8.3%. Raising birth rates across the globe, growing incidence of neonatal hospital-acquired infections, and growing healthcare awareness are the factors boosting the market growth during the forecast period. In addition, favorable initiatives by government and NGO’s, increasing technological advanced products are fuelling the market growth. On the other hand, strict regulations for new product approvals and expensive neonatal care equipments are the constraints hindering the market growth.

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By fetal equipment, ultrasound devices segment is expected to dominate the global market with a higher market share over the forecast period. Fetal monitors are estimated to contribute the higher CAGR due to its usage in finding the fetus heart rate at the time of pregnancy and labor. North America is the largest market owing to the adoption of advanced infrastructure and awareness about technological advancements. Moreover, the Asia Pacific is likely to report the highest CAGR during the forecast period, driven by the high birth rate in China and India.

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Some of the key players in global Fetal and Neonatal Care Equipment market include Atom Medical Corporation, Becton, Dickinson and Company, CareFusion Corporation, Cooper Surgical, Inc., Covidien PLC, Drägerwerk AG & Co. KGAA, Fisher & Paykel Healthcare Corporation Limited, FUJIFILM SonoSite, Inc., Ge Healthcare (A Division of General Electric Company), Getinge AB, Masimo Corporation, Medtronic Public Limited Company, Natus Medical Incorporated, Nonin Medical, Inc., Philips Healthcare (A Division of Koninklijke Philips N.V.), and Phoenix Medical Systems Pvt. Ltd.

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