MarketsandMarkets: Global Fetal and Neonatal Care Equipment Market Forecast (2011-2016)
DALLAS, September 6, 2011 /PRNewswire/ –
The “Global Fetal (Labor & Delivery) and Neonatal Care Equipment Market
” analyzes the global fetal and neonatal care equipment
market by types and studies the major market drivers, restraints,
opportunities, and market trends for the fetal and neonatal care market
across 18 countries in North America, Europe, Asia-Pacific, Latin America,
and Rest of the World.
Explore market data tables and in-depth TOC on “Global Fetal (Labor &
Delivery) and Neonatal Care Equipment Market
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This report studies the global fetal equipment market
and neonatal care market divided into global NICU
equipment market, global labor and delivery equipment market, and global
other labor & delivery equipment & NICU equipment market over the forecast
The global NICU equipment market is expected to reach $1.4 billion in
2011; growing at a steady pace of CAGR 6.4%, to reach $1.9 billion in 2016.
Thermal control equipment dominates this segment with a share of almost 59%,
growing at a CAGR of 6.5% during the forecasted period.
The U.S. represents the biggest market for labor and delivery equipment
with a stake of 35%; followed by Japan. The major drivers for this market
include increasing awareness, increasing age of maternal population, and
The other “labor & delivery” & NICU equipment market primarily consists
of three segments – respiratory equipment, monitoring equipment, and IV
Equipment. Respiratory equipment dominates this market segment with a share
of almost 45%; followed by monitoring equipment and delivery systems.
As the matured neonatal care equipment market in developed nations is
driven only by the replacement of older devices and sales of accessories,
several big players have started developing ways to differentiate their
products by adding value to them by improved services and offering their
customers a complete package of products and services. Numerous players are
looking forward to improve their customer relationships by strengthening of
their direct sales distribution channels. The winning imperatives for this
market include development of robust distribution channel, shifting focus on
emerging markets, and focus on structural specifications of products.
Big market players such as Philips Respironics, GE Healthcare, and
Smiths Medical have a strong and wide distribution network; which they are
further strengthening by deploying a direct sales force and increasing
technical support staff. Companies are also collaborating with GPOs (group
purchasing organizations) or healthcare provider networks of hospitals,
clinics, and physicians to directly sell preterm infant care respiratory
equipment and disposables at discounts.
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