Neonatal Monitors Market
Neonatal Monitors Market is segmented by Device Type (Cardiopulmonary Monitor, Blood Pressure Monitor, Pulse Oximeter, Capnography), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029
Neonatal Monitors Market Size, Share, Growth Insights Outlook
Neonatal Monitors Market is expected to grow at a CAGR of 7.04% during the forecasting period (2022-2029). About 10% of all newborn babies require care in a Neonatal Intensive Care Unit (NICU). Neonates are a particular group whose parameters such as blood pressure, electrocardiograph (ECG), and heart rate vary from adults. Hence, traditional monitors cannot be used for them.
Neonatal monitors are specialized monitors used to monitor and record ECG, heart rate, respiration rate, and temperature of critically ill newborns and infants. Some of the features of these dedicated monitors are – high accuracy, better functionality, easy operability, and enhanced safety.
The global Neonatal Monitors market is driven by the rising incidence of preterm births, and improving awareness about neonatal care. According to WHO, every year, an estimated 15 million babies are born preterm, and this number is rising. On the contrary, factors like low birth rates in developed countries and the presence of a highly fragmented market are restraining market growth.
Neonatal Monitors Market Report Scope
Metrics |
Details |
Market CAGR |
7.04% |
Segments Covered |
By Device Type, and By Region |
Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights. |
Fastest Growing Region |
Asia Pacific |
Largest Market Share |
North America |
What’s trending in the neonatal monitors market?
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The Global Neonatal Monitors market report segments the market by product type, end-user, and region. Based on product type, the market is segmented into Cardiopulmonary Monitor, Blood Pressure Monitor, Pulse Oximeter, and Capnography.
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By end-user, the market is segmented into hospitals, nursing homes, and pediatric and neonatal clinics. Hospitals account for the largest share of the market.
Market Analysis
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Geographically, the market is segmented into five major regions, namely North America, South America, Europe, Asia Pacific, and RoW. With expanding population and increasing birth rates in developing countries such as India and China, Asia-Pacific will exhibit the fastest growth for these monitors.
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Also, various government initiatives to improve mother and child care in developing nations are likely to fuel the growth.
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The report also profiles the following companies in the Neonatal Monitors market – Medtronic, Teleflex Incorporated, B. Braun, Philips Healthcare, GE Healthcare, Draeger, Fanem, and others.
Product-based Analysis
By Device Type
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Cardiopulmonary Monitor
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Blood Pressure Monitor
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Pulse Oximeter
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Capnography
By End-User
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Hospitals
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Nursing Homes
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Pediatric and neonatal clinics
By Region
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Asia Pacific (China, Japan, India, Australia, Rest of Asia Pacific)
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Europe (Germany, France, The UK, Italy, Spain, Rest of Europe)
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North America (The USA, Canada, Mexico)
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South America (Brazil, Argentina, Rest of South America)
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Rest of the World
Frequently Asked Questions
What is the Projected CAGR value of the Neonatal Monitors Market?
Neonatal Monitors Market is expected to grow at a CAGR of 7.04% during the forecasting period 2022-2029.
Which region controlled the global market during 2022-2029?
North America region Controls the Neonatal Monitors Market during 2022-2029
Which is the fastest growing region in the Neonatal Monitors Market?
Among all regions, Asia Pacific is the fastest growing market share during the forecast period