Newborn babies who need intensive medical care are often put in a special area of the hospital called the neonatal intensive care unit (NICU). The NICU has advanced technology and trained healthcare professionals to provide special care for the tiniest patients. NICUs also care for babies who are not as sick but do need specialized nursing care. Some hospitals don’t have the staff for a NICU and babies must be moved to another hospital. Babies who need intensive care do better if they are born in a hospital with a NICU than if they are moved after birth.Increasing investment in the neonatal infant care equipment is expected to offer lucrative growth opportunities for players in the market. The high prevalence of neonatal jaundice, an increasing number of preterm births, and the introduction of new products for use in the Neonatal Intensive Care Units (NICU).
Market Dynamics
The key market players are focusing on adoption of growth strategies such as product launches, and this is expected to drive the global neonatal infant care equipment market growth. For instance, in May 2020, Dragerwerk AG & Co. KGaA, a is manufacturing breathing and protection equipment, gas detection and analysis systems and noninvasive patient monitoring technologies in Germany, launched the Evita V600 and V800 intensive care ventilator Evita is intended for the ventilation of children, infants, and neonates. This device provides mandatory ventilation modes and ventilation modes for supporting spontaneous breathing as well as ventilation monitoring., as well as the Babylog VN600 and VN800, devices for acute care ventilation of preterm babies, and the devices were made available for purchase all over the world.
Key features of the study:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook