Global Neonatal Warming Equipment Market 2015-2019
About Neonatal Warming Equipment
Premature and congenitally ill infants are born as a result of advanced maternal age, induced fertility, labor treatments, inadequate prenatal care, and lifestyle preferences such as smoking, drinking, and obesity. Neonatal warming equipment is used to keep the new-born infants warm, and it helps provide heat to infants who have severe heat loss in the initial days of birth. This equipment consists of a heater, thermistor temperature sensors, an audible alarm, and a display unit. The equipment is mainly used to treat hypothermia in preterm infants.
Technavio's analysts forecast the global neonatal warming equipment market to grow at a CAGR of 8.77% over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the global neonatal warming equipment market for the period 2015-2019. Based on product type, the market is segmented into three:
Technavio Announces the Publication of its Research Report – Global Neonatal Warming Equipment Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Neonatal Warming Equipment Market: Dragerwerk, Fisher & Paykel Healthcare, GE Healthcare, Philips Healthcare and Phoenix Medical Systems
Other Prominent Vendors in the market are: AVI Healthcare, Natus Medical, Nonin Medical, MTTS, Kay, Ibis Medical, Smiths Medical and Embrace
Commenting on the report, an analyst from Technavio’s team said: “Phototherapy is the most common treatment for hyperbilirubinemia in neonates. The technology of phototherapy devices has shifted from fluorescent lamps to LEDs over the past decade, improving the amount of light emitted but on a smaller surface. LED phototherapy systems have become increasingly popular for their intensive irradiance and low maintenance requirements. For instance, the Dräger NanoBlu 500 is a compact, powerful phototherapy unit with five LEDs that emit blue light in the 400-550 nm spectrum for the treatment of hyperbilirubinemia in newborns.”
According to the report, preterm births account for 5%-18% of overall childbirths worldwide. According to a 2014 statistical report by the WHO, every year about 15 million babies are born preterm (37 completed weeks of gestation), of which more than 1 million infants die from premature birth complications. Preterm deaths are a primary cause of concern, affecting children aged below five. Cases of premature births are on the rise in most countries. Preterm infants face short- and long-term complications as their organ systems are immature and not prepared to support life in the extra-uterine environment. Such infants require warmth, breastfeeding support, necessary care for infections and breathing difficulties, life support, and critical care monitoring.
Further, the report states that the flat birth rate, increased infertility, and the use of old neonatal warming equipment hinder market growth in the US.
Dragerwerk, Fisher & Paykel Healthcare, GE Healthcare, Philips Healthcare, Phoenix Medical Systems, AVI Healthcare, Natus Medical, Nonin Medical, MTTS, Kay, Ibis Medical, Smiths Medical, Embrace