Download Sample, Pneumonia, Sepsis and Meningitis Causes Infection in the New-Borns
Medical technologies for neonatal monitoring track the health and vital signs of newborns during the initial days or weeks of their life. These technologies are utilized in neonatal intensive care units (NICUs) as well as in other hospital environments or for use at home. Neonatal monitoring devices that are frequently used include ECG monitors, pulse oximetry monitors, temperature monitors, and respiratory monitors. Moreover, the increasing prevalence of neonatal diseases will result in a greater demand for healthcare devices from users. Additionally, there is potential for the market to expand even more in the upcoming period as medical device companies increase their investment in research and development, and as more advanced devices are introduced.
Greater investments in neonatal facilities and the increasing prevalence of neonatal diseases are the main drivers of the global neonatal care equipment market. Infections in newborns are mostly caused by bacteria and can manifest as pneumonia, sepsis, or meningitis. More than 550,000 neonatal deaths occur annually due to infections in newborns. Many of these mortalities can be avoided through preventative actions, early detection, prompt seeking of care, proper antibiotic treatment, and monitoring. Timely identification of clinical indications, symptoms, and syndromes is necessary for early detection. Possible serious bacterial infection (PSBI) is the primary clinical syndrome in low- and middle-income countries (LMICs). Approximately 6.9 million cases of PSBI occur annually among infants aged 0-59 days in low- and middle-income countries.
Greater investments in neonatal facilities and the increasing prevalence of neonatal diseases are the main drivers of the global neonatal care equipment market. Infections in newborns are mostly caused by bacteria and can manifest as pneumonia, sepsis, or meningitis. More than 550,000 neonatal deaths occur annually due to infections in newborns. Many of these mortalities can be avoided through preventative actions, early detection, prompt seeking of care, proper antibiotic treatment, and monitoring. Timely identification of clinical indications, symptoms, and syndromes is necessary for early detection. Possible serious bacterial infection (PSBI) is the primary clinical syndrome in low- and middle-income countries (LMICs). Approximately 6.9 million cases of PSBI occur annually among infants aged 0-59 days in low- and middle-income countries.
Research and Development Contributing to the Increase in Market Expansion
The increasing rate of premature births worldwide is a key factor driving the market's growth. The World Health Organization reports that around 15 million babies are born prematurely worldwide, before 37 weeks of gestation, with preterm birth rates varying from 5-18% across 184 countries globally. Increased spending on research and development skills in both developed and developing economies in the medical instruments and devices sector will continue to generate profitable market growth prospects. Research and development skills in the field of medical technologies and devices are also contributing to the increase in market growth.
Increasing focus on improving healthcare facilities and infrastructure is also a significant driver of market growth. In July 2024, a fire occurred at a hospital in Delhi resulting in burns to a 50-day-old baby. These events are causing the establishment of more amenities in neonatal healthcare facilities. The market has expanded due to factors like the large number of premature births, rising birth rates in developing nations, and government initiatives to improve survival rates. Moreover, growth is anticipated to be driven by rising nosocomial infections among infants and increasing awareness of equipment for newborn care.
Increasing focus on improving healthcare facilities and infrastructure is also a significant driver of market growth. In July 2024, a fire occurred at a hospital in Delhi resulting in burns to a 50-day-old baby. These events are causing the establishment of more amenities in neonatal healthcare facilities. The market has expanded due to factors like the large number of premature births, rising birth rates in developing nations, and government initiatives to improve survival rates. Moreover, growth is anticipated to be driven by rising nosocomial infections among infants and increasing awareness of equipment for newborn care.
Recent Trends in the Neonatal Monitoring Equipment Market
- Incorporating sophisticated sensors improves precision in neonatal healthcare.
- Advancements in remote monitoring technology
- Adoption of portable and wearable monitoring devices for neonates
- Growing tendency towards using non-invasive monitoring technologies
- Expansion of telemedicine and telehealth platforms for remote consultation
Explore Our Breakthrough Market Segmentation and Personalize it to Meet Your Business Needs…!
Market is Limited by the Expensive Research, Development and Stringent Regulations Forced by Regulatory Agencies
The market growth is anticipated to be hindered by a high cost of research and development skills, scarce infrastructural facilities, unequal distribution of medical services, lack of skilled medical professionals, and lack of awareness in underdeveloped economies. Additionally, challenges in the market during the forecast period of 2023-2029 include unfavorable reimbursement, low technology penetration in developing economies, expensive procedures, limited insurance coverage, regulatory compliance issues, and inadequate infrastructure in low- and middle-income countries. Strict regulation from regulatory agencies can lead to product recalls for numerous companies in the medical device sector. For instance, in March 2024, the FDA recalled SonarMed Inc.'s neonatal monitoring devices due to a software issue causing failure in detecting partial obstructions in 2.5mm sensors and up to 3mm distal to the sensor tip. All these circumstances hinder the neonatal monitoring market.
Reduction of Infant Mortality Rates was Achieved by Implementation of Strategies and Establishment of Partnerships
Introducing fresh tactics to lower rates of infant mortality. Providing newborns with accessible, high-quality care is essential for ensuring their survival and healthy development. Simple measures that are affordable and easy can prevent unnecessary deaths in newborns. For example, the Pan American Health Organization (PAHO) is collaborating with health authorities in Haiti to enhance the standard of healthcare in the nation. In November 2023, a workshop was organized by the Latin American Centre for Perinatology - women's and Reproductive Health (CLP/WR) with the aim of enhancing the skills of local health personnel who work with newborns.
Sibel Health shares important discoveries at the 2023 International Maternal New-Born Health Conference in Cape Town, South Africa. For instance, in May 2023, Sibel Health revealed a new FDA approval for advanced wireless monitoring in neonates and infants at the International Newborn Health Conference, in addition to partnering with McGill University and Montreal Children's Hospital for research. Montreal Children's Hospital is currently testing Sibel sensors in order to create the world's first wireless neonatal intensive care unit.
3M, Siemens Healthcare, OMRON Healthcare, Kaneka Corporation, Stryker Corporation, Terumo Corporation, Johnson & Johnson Services Inc., Nihon Kohden Corporation, Koninklijke Philips NV, Drägerwerk AG & Co. KGaA, Masimo Corporation, General Electric, Medtronic plc
Sibel Health shares important discoveries at the 2023 International Maternal New-Born Health Conference in Cape Town, South Africa. For instance, in May 2023, Sibel Health revealed a new FDA approval for advanced wireless monitoring in neonates and infants at the International Newborn Health Conference, in addition to partnering with McGill University and Montreal Children's Hospital for research. Montreal Children's Hospital is currently testing Sibel sensors in order to create the world's first wireless neonatal intensive care unit.
3M, Siemens Healthcare, OMRON Healthcare, Kaneka Corporation, Stryker Corporation, Terumo Corporation, Johnson & Johnson Services Inc., Nihon Kohden Corporation, Koninklijke Philips NV, Drägerwerk AG & Co. KGaA, Masimo Corporation, General Electric, Medtronic plc
Searching for a Country or Region Specific Report?
Unlock industry complexities with reports crafted for selected countries and regions at Reduced Cost
Growing Birth Rates in North America and the Asia Pacific Region are Driving Market Growth.
North America leads the neonatal monitoring devices market due to its robust healthcare facilities, widespread use of medications, and increasing research activities in the region. The reason for the area's dominance is the rising incidence of neonatal respiratory distress syndrome, along with the greater number of NICU admissions for respiratory illnesses. Furthermore, the growth of the region is also fuelled by medical device companies in the U.S. launching several advanced products. For instance, in Aug 2023, Cardinal Health launched the NTrainer system 2.0, a new medical device for newborn babies.
The main reasons for the market's expansion being analyzed are the increased birth rate and the large amount of premature births in the Asia-Pacific area. Babies born prematurely often need specialized treatment in the Neonatal Intensive Care Unit (NICU). The market under consideration is expected to be greatly impacted by the increasing need for neonatal equipment. In East Asia and the Pacific region, the top five countries in terms of birth rates are headed by China, which has 46,299 births. Indonesia has a population of 13,020 people, the Philippines has 5,813 inhabitants, Viet Nam has 4,259 citizens, and Myanmar has 2,558 residents.
The main reasons for the market's expansion being analyzed are the increased birth rate and the large amount of premature births in the Asia-Pacific area. Babies born prematurely often need specialized treatment in the Neonatal Intensive Care Unit (NICU). The market under consideration is expected to be greatly impacted by the increasing need for neonatal equipment. In East Asia and the Pacific region, the top five countries in terms of birth rates are headed by China, which has 46,299 births. Indonesia has a population of 13,020 people, the Philippines has 5,813 inhabitants, Viet Nam has 4,259 citizens, and Myanmar has 2,558 residents.
The report provides a detailed overview of the neonatal monitoring equipment market insights in regions including North America, Latin America, Europe, Asia-Pacific, Oceania, and the Middle East and Africa. The country-specific assessment for the neonatal monitoring equipment market has been offered for all regional market shares, along with forecasts, market scope estimates, price point assessment, and impact analysis of prominent countries and regions. Throughout this market research report, Y-o-Y growth and CAGR estimates are also incorporated for every country and region, to provide a detailed view of the crop protection chemicals market. These Y-o-Y projections on regional and country-level markets brighten the political, economic, and business environment outlook, which are anticipated to have a substantial impact on the growth of the crop protection chemicals market. Some key countries and regions included in the neonatal monitoring equipment market report are as follows:
| North America | United States, Canada |
| Latin America | Brazil, Mexico, Argentina, Colombia, Chile, Rest of Latin America |
| Europe | Germany, United Kingdom, France, Italy, Spain, Russia, Netherlands, Switzerland, Belgium, Sweden, Austria, Norway, Denmark, Finland, Ireland, Czech Republic, Rest of Europe |
| Asia Pacific | China, India, Japan, South Korea, Australia & New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia Pacific |
| Middle East and Africa | GCC Countries, South Africa, Egypt, Turkey, Morocco, Israel, Iran, Kenya, Nigeria, Rest of MEA |
Neonatal Monitoring Equipment Market Research Report Covers In-depth Analysis on:
- Neonatal monitoring equipment market detailed segments and segment-wise market breakdown
- Neonatal monitoring equipment market dynamics (Recent industry trends, drivers, restraints, growth potential, opportunities in crop protection chemicals industry)
- Current, historical, and forthcoming 10 years market valuation in terms of neonatal monitoring equipment market size (US$ Mn), volume (Units), share (%), Y-o-Y growth rate, CAGR (%) analysis
- Neonatal monitoring equipment market demand analysis
- Neonatal monitoring equipment market pricing analysis over the forecast period (by key segment and by region)
- Neonatal monitoring equipment market regional insights with region-wise market breakdown
- Competitive analysis – key companies profiling including their market share, product offerings, and competitive strategies.
- Latest developments and innovations in crop protection chemicals market
- Regulatory landscape by key regions and key countries
- Supply chain and value chain analysis in crop protection chemicals market
- Neonatal monitoring equipment market sales and distribution strategies
- A comprehensive overview of the parent market
- A detailed viewpoint on the neonatal monitoring equipment market forecast by countries
- Mergers and acquisitions in crop protection chemicals market
- Essential information to enhance market position
- Robust research methodology
- Frequently Asked Questions -
Which factors are driving the growth of the neonatal monitoring equipment market?
The rising prevalence of preterm births, increasing investments in neonatal healthcare, and growing adoption of advanced monitoring solutions in hospitals and neonatal intensive care units (NICUs) are key drivers for market expansion.
Which regions dominate the neonatal monitoring equipment market?
Developed regions with advanced healthcare infrastructure, such as North America and Europe, dominate the market. However, Asia-Pacific is emerging as a key growth region due to increasing investments in neonatal care.
What are the latest innovations in neonatal monitoring equipment?
Innovations include wearable monitors, non-invasive sensors, AI-based predictive analytics, and cloud-integrated monitoring systems that allow real-time neonatal health tracking and data analysis for improved clinical decision-making.
