Dublin, Oct. 06, 2023 (GLOBE NEWSWIRE) -- The "Global Neonatal Intensive Care Respiratory Devices Market by Device Type, End-User - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.
The global Neonatal Intensive Care Respiratory Devices Market is witnessing remarkable growth, poised to surge from USD 1.91 billion in 2022 to a projected USD 5.27 billion by 2030. This thriving market offers abundant opportunities for investors and businesses seeking to expand in this lucrative domain.
This comprehensive report provides vital market insights, trends, and detailed segmentation to empower senior executives in making informed strategic decisions and solidifying their market foothold.
Comprehensive Market Analysis with Insights on Leading Players
The report not only tracks market growth trends and segmentation but also offers a thorough assessment of market shares, strategies, products, and certification data for key players in the market. It provides valuable insights into future technologies, R&D activities, and innovative product developments that will shape the future of the Global Neonatal Intensive Care Respiratory Devices Market. Acquiring this research report equips you to anticipate market shifts, seize opportunities, and outperform your competition.
Key Market Figures
- Market Size: The Global Neonatal Intensive Care Respiratory Devices Market was estimated at USD 1.91 billion in 2022 and is projected to grow at a CAGR of 13.53%, reaching USD 5.27 billion by 2030.
- Report Timeline: The report considers historical data from 2018 to 2021, with 2022 as the base year, 2023 as the estimated year, and forecasts for 2024 to 2030.
- External Factors: The report addresses the ongoing political and economic uncertainty in Eastern Europe due to the Russia-Ukraine Conflict and its potential impact on demand-supply balances, pricing pressures, and import/export dynamics. It also delves into the impact of High Inflation on the global economy, along with fiscal policies aimed at mitigating its effects on demand, supply, cash flow, and currency exchange.
Market Insights Covering Key Aspects
- Market Penetration: This section offers comprehensive information on the market provided by key players.
- Market Development: Get in-depth insights into lucrative emerging markets and an analysis of market penetration across mature segments.
- Market Diversification: Explore detailed information on new product launches, untapped geographies, recent developments, and investments.
- Market Trends: Understand the cumulative impact of significant factors such as COVID-19, the Russia-Ukraine Conflict, and High Inflation on market dynamics.
- Competitive Assessment & Intelligence: Gain exhaustive insights into market shares, strategies, products, certifications, regulatory approvals, patent landscapes, and the manufacturing capabilities of leading players.
- Product Development & Innovation: Get intelligent insights into future technologies, R&D activities, and breakthrough product developments.
Market Dynamics
Drivers:
- Surge in the number of preterm births
- Growing number of respiratory diseases in newborn babies
- Favorable government investments to enhance healthcare infrastructure
Restraints:
- High cost of neonatal respiratory care devices
Opportunities:
- Emergence of next-generation respiratory devices for newborns
- Proliferation in research and development activities with significant investments
Challenges:
- Stringent approval process and shortage of pediatricians
Market Trends:
- Cumulative Impact of COVID-19: Explore the ongoing impact of the pandemic on market dynamics.
- Cumulative Impact of Russia-Ukraine Conflict: Analyze how this geopolitical crisis influences market trends.
- Cumulative Impact of High Inflation: Understand how high inflation rates affect the global economy.
Market Segmentation & Coverage
We categorize the Global Neonatal Intensive Care Respiratory Devices Market to forecast revenues and analyze trends across the following sub-markets:
- Device Type: Study segments include Apnea Monitors, Continuous Positive Airway Pressure (CPAP) Devices, Inhalers, Nebulizers, and Ventilators. Inhalers are projected to witness a significant market share during the forecast period.
- End-User: Explore segments comprising NICU Hospitals, Nursing Homes, Personal Users, and Specialty Clinics. Personal Users are projected to capture a significant market share in the forecast period.
Geographical Landscape
The Americas dominated the market with a substantial 38.75% share in 2022, followed by Europe, the Middle East, and Africa.
Key Companies Mentioned
- Ambu A/S
- Atom Medical Corp.
- B. Braun Melsungen AG
- Becton, Dickinson and Company
- Dragerwerk AG & Co. KGaA
- Fisher & Paykel Healthcare Limited
- GE Healthcare
- Getinge AB
- Hamilton Medical AG
- Inspiration Healthcare Group PLC
- Masimo Corporation
- Medtronic PLC
- Nihon Kohden Corporation
- Novos Medical Systems
- Smiths Medical by ICU Medical, Inc.
This comprehensive report provides essential insights for investors, executives, and businesses. It empowers you to anticipate market shifts, seize opportunities, and stay ahead of the competition in this rapidly growing market.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 182 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $2.16 Billion |
| Forecasted Market Value (USD) by 2030 | $5.27 Billion |
| Compound Annual Growth Rate | 13.5% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/bitmg7
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