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ISSN: 2375-4494

Journal of Child and Adolescent Behavior
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  • Market Analysis   
  • J Child Adolesc Behav, Vol 8(5)

Market Analysis for Neonatology 2020

Bosco Paes
Professor in the Department of Pediatrics at McMaster University, Canada, E-mail: paes@mcmaster.ca

About Neonatology 2020

After the successful accomplishment of the "" at Montreal, Canada on June 14-15, 2019, we feel fortunate to announce the "" () witnessing at on .

It is primarily based upon the theme “Prevention and therapeutic innovations in the management of Premature New-born".

Neonatal Intensive Care Unit is also known as specialized nurseries. The neonatal intensive care unit for premature babies has high complication as it is a very specialized or advanced equipped unit that has expert medical staff and professionals. All the clinics or hospitals or main health centers (PHC) of developed countries have their own in-house neonatal care unit. In order to reduce their preterm mortality rate government of Latin American, Asia and Africa are constructing more intensive care units in their country.

The prime factors that are fueling the market growth are; rising premature birth, rising complication during the birth, rising number of death (newborn baby), improving healthcare infrastructure, increasing healthcare expenditure, rising per capita expenditure, etc. The rising number of infection or disease of premature newborns is other factors which will further propel the market in the coming future.

This report titled “ Market Global Forecast by Products (Incubators, Ventilators, Resuscitators, Blood Pressure Monitor, Pulse Oximeter, Capnographs, Phototherapy Equipment), Region (North America, Europe, Asia Pacific, Africa, ROW), Companies (Philips, Becton, Dickinson and Company (BD), C. R. Bard, Teleflex Incorporated, Utah Medical)” studies the global neonatal intensive care market and provides an all-encompassing analysis of the key growth drivers and challenges, market trends, key players and their projections for the future.

The global neonatal intensive care market is projected to gain growth on the back of the increasing complications in new-born’s and the need to detect and monitor them. The rising count of preemies or swelling occurrence premature births could be a major factor supplementing the demand for neonatal intensive care. Furthermore, the magnifying birth-rate in emerging nations is envisaged to tellingly increase the growth of the market. Notable growth factors such as the prevalence of healthcare associated pneumonia, central line-associated bloodstream infections (CLABSIs), and other neonatal hospital-acquired infections could be worth keeping a close eye on.

Expected to rise at a CAGR of 5.5% between 2017 and 2025, the global market for neonatal intensive care could earn an around US$9.0 bn by the final forecast year. In 2017, it secured a revenue valuation of US$5.9 bn.

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