Neonatal Intensive Care Market is Projected to Expand at a CAGR of 5.5%f rom 2017 to 2025 

Neonatal intensive care units (NICU) are a combination of advanced technology and trained health care professionals who provide intensive medical attention to newborn babies admitted into the special division of the hospital/clinic. Neonatal babies admitted to the NICU are premature, have low birth weight, or have a medical condition that requires special care. Newborn babies with medical conditions such as heart problems, infections, or birth defects are also cared for in the NICU. Rising awareness levels about available prenatal and neonatal care equipment and high birth rate in developing regions of the world propel the neonatal intensive care market globally.

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Neonatal intensive care market has been segmented into product type, End-user and regions. Based on product type, the market has been segmented into infant warmers, incubators, convertible warmer & incubators, neonatal monitoring devices, respiratory devices, phototherapy equipment, catheters and others. On the basis of end-user, the market has been segmented into Hospitals, Childcare Clinics and Others. On the basis of geography, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

The research is a combination of primary and secondary research, conducted for understanding and arriving at trends, used to forecast the expected revenue of the neonatal intensive care market in the near future. Primary research formed the bulk of our research efforts with information collected from in-depth interviews and discussions with a number of key industry experts and opinion leaders. Secondary research involved study of company websites, annual reports, press releases, investor presentations, analyst presentation and various international and national databases. The report provides estimated market size in terms of US$ Mn for product type, end-user, and geography for the period 2015 to 2025, considering the macro and micro environmental factors. The revenue generated from each product type, and end-user was calculated by considering the neonatal intensive care market product sales.

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The market report comprises an elaborated executive summary, which includes market snapshot that provides information about various segments of the market. It also provides information and data analysis of the market with respect to market segments based on product type, end-user, and geography. The market overview section of the report analyzes market dynamics such as drivers, restraints and opportunities that influences the neonatal intensive care market in the current and future scenario. The report also provides Porter’s five forces analysis, re-imbursement scenario, average admission rate into NICU by region, SWOT analysis of the market and regulatory scenario.

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Market share analysis among the market players is analyzed to signify the contribution of these players in the market in terms of percentage share. All these factors will help the market players to decide about the business strategies and plans to strengthen their positions in the global market. Based on geography, the market has been analyzed for major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The study also covers detailed country analysis contributing majorly in the neonatal intensive care market.

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