Europe Fetal and Neonatal Care Equipment Market Trends 2031

Segments - Europe Fetal and Neonatal Care Equipment Market by Product Type (Fetal Care Equipment [Fetal Dopplers, Fetal Magnetic Resonance Imaging (MRI) Devices, Ultrasound Devices, Fetal Pulse Oximeters, and Others], and Neonatal Care Equipment [Incubators, Neonatal Monitoring Devices, Phototherapy Equipment, Respiratory Assistance, and Monitoring Devices, and Others]) and Geography (Germany, United Kingdom, France, Italy, Spain and Rest of Europe) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

Author : Raksha Sharma

Fact-checked by : Vineet Pandey

Editor : Vishal Golekar

Report Description

The Europe fetal and neonatal care equipment market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 6.8% during 2023–2031. Growth of the market is attributed to the riding demand for neonatal devices owing to increasing number of preterm and low-weight births.

Fetal monitoring devices are principal tools that are generally required in obstetrics and gynecology interventions, to examine fetal health during labor and delivery. Neonatal devices are rigorously used in neonatal intensive care units (NICUs), where monitoring devices and complex machines are designed for the unique needs of newborn babies.

Europe Fetal and Neonatal Care Equipment Market Outlook

The Covid-19 pandemic had an adverse impact on the Europe fetal and neonatal care equipment market. There has been significant reduction in premature births during the 2020 nationwide lockdown. Additionally the neonatal immune system plays a crucial role in fighting against SARS-CoV2 infection.

Therefore, the need for fetal and neonatal care equipment to fight the COVID-19 infection is not imperative thereby hindering the market growth; however, the government’s steps and strategies have helped to neutralised the situation. This pandemic has encouraged the key players to implement advance technologies to overcome these challenges and expand the market growth.

Market Trends, Drivers, Restraints, and Opportunities

Increasing pregnancy and congenital complications owing to a sedentary lifestyle is expected to drive the Europe fetal and neonatal care equipment market during the forecast period.
Rising number of preterm births in Europe is one of the extensive causes of death in early childhood in the region. Neonatal intensive care unit (NICU) provide special care to Preterm babies, due to which the demand for neonatal devices is also growing,
Increasing incidence of diseases and associated complications among newborns is estimated to propel the market growth in coming years.
Rising cost of neonatal care is projected to hinder the European fetal and neonatal care equipment market.
R&D investment and technological advancement in the Europe fetal and neonatal care equipment market are expected to offer lucrative opportunities for the market players.

Scope of Europe Fetal and Neonatal Care Equipment Market Report

The report on the Europe fetal and neonatal care equipment market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Fetal and Neonatal Care Equipment Market – Europe Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Product Type (Fetal Care Equipment [Fetal Dopplers, Fetal Magnetic Resonance Imaging (MRI) Devices, Ultrasound Devices, Fetal Pulse Oximeters, and Others], and Neonatal Care Equipment [Incubators, Neonatal Monitoring Devices, Phototherapy Equipment, Respiratory Assistance, and Monitoring Devices, and Others])
Geography	Germany, United Kingdom, France, Italy, Spain and Rest of Europe
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Dragerwerk AG & Co. KGaA, GE Company (GE Healthcare), Siemens Healthineers AG. Hoffmann-La Roche Ltd, and koninklijke pjilips N.V

Europe Fetal and Neonatal Care Equipment Market Segment insights

The neonatal care equipment segment is projected to constitute a large market share

Based on product type, the Europe fetal and neonatal care equipment market is segregated into fetal care equipment and neonatal care equipment.

The fetal care equipment is further sub divided into fetal dopplers, fetal magnetic resonance imaging (MRI) devices, ultrasound devices, fetal pulse oximeters, and others and neonatal care equipment is further divided into incubators, neonatal monitoring devices, phototherapy equipment, respiratory assistance, and monitoring devices, and others.

The neonatal care equipment segment is expected to account for a key share of the market during the forecast period owing to the growing prevalence of preterm births in the region due to increasing age of pregnancy and changing lifestyles of mothers.

Furthermore, preterm-born babies are more prone to infections and diseases and require more care. Increasing number of preterm-born babies is projected to spur the market growth. Additionally, increasing awareness and research on wireless monitors, growing need for neonatal monitors, and the collaborations of these regions with major players and their launches in this region are anticipated to propel the segment growth during the forecast period

Europe Fetal and Neonatal Care Equipment Market Product Types

France is expected to dominate the market

In terms of geography, the market is broadly classified into Germany, United Kingdom, France, Italy, Spain, and Rest of Europe. The market in France is anticipated to expand at a robust CAGR during the forecast period. Increasing number of preterm and low-weight births coupled with advanced fetal and neonatal care equipment in this region is expected to drive the market growth in near future.

Segments

The Europe fetal and neonatal care equipment market has been segmented on the basis of:-

Product Type

Fetal Care Equipment
- Fetal Dopplers
- Fetal Magnetic Resonance Imaging (MRI) Devices
- Ultrasound Devices
- Fetal Pulse Oximeters
- Others
Neonatal Care Equipment
- Incubators
- Neonatal Monitoring Devices
- Phototherapy Equipment
- Respiratory Assistance
- Monitoring Devices
- Others

Geography

Germany
United Kingdom
France
Italy
Spain
Rest of Europe

Key Companies

Dragerwerk AG & Co. KGaA
GE Company (GE Healthcare)
Siemens Healthineers AG
Hoffmann-La Roche Ltd
koninklijke pjilips N.V

Competitive Landscape

Key players competing in the Europe fetal and neonatal care equipment market include Dragerwerk AG & Co. KGaA, GE Company (GE Healthcare), Siemens Healthineers AG, Hoffmann-La Roche Ltd, and koninklijke pjilips N.V.

Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares. For instance,

In November 2020, Drägerwerk AG & Co. KGaA launched a new Dräger Pressure-Pod, which transmits the Pes, Paw, and Pga values measured for the patient to the PulmoVista 500 electrical impedance tomography (EIT) device. This feature enables the doctors to obtain information about the pressure ratios in the respiratory system and other derived parameters, thereby, aids in the bedside monitoring of ventilation settings in pediatric patients with respiratory diseases.
In May 2020, Drägerwerk AG & Co. KGaA introduced Evita V800 and V600, and Babylog VN600 and VN800 to ease the intensive care ventilation of adults to premature babies, with an operating concept designed to enable the flexible orientation and to provide transparent user guidance.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fetal and Neonatal Care Equipment Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Fetal and Neonatal Care Equipment Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Fetal and Neonatal Care Equipment Market - Supply Chain
  4.5. Global Fetal and Neonatal Care Equipment Market Forecast
     4.5.1. Fetal and Neonatal Care Equipment Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Fetal and Neonatal Care Equipment Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Fetal and Neonatal Care Equipment Market Absolute $ Opportunity
5. Global Fetal and Neonatal Care Equipment Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Fetal and Neonatal Care Equipment Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Fetal and Neonatal Care Equipment Demand Share Forecast, 2019-2026
6. North America Fetal and Neonatal Care Equipment Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Fetal and Neonatal Care Equipment Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Fetal and Neonatal Care Equipment Demand Share Forecast, 2019-2026
7. Latin America Fetal and Neonatal Care Equipment Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Fetal and Neonatal Care Equipment Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Fetal and Neonatal Care Equipment Demand Share Forecast, 2019-2026
8. Europe Fetal and Neonatal Care Equipment Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Fetal and Neonatal Care Equipment Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Fetal and Neonatal Care Equipment Demand Share Forecast, 2019-2026
9. Asia Pacific Fetal and Neonatal Care Equipment Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Fetal and Neonatal Care Equipment Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Fetal and Neonatal Care Equipment Demand Share Forecast, 2019-2026
10. Middle East & Africa Fetal and Neonatal Care Equipment Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Fetal and Neonatal Care Equipment Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Fetal and Neonatal Care Equipment Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Fetal and Neonatal Care Equipment Market: Market Share Analysis
  11.2. Fetal and Neonatal Care Equipment Distributors and Customers
  11.3. Fetal and Neonatal Care Equipment Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Dragerwerk AG & Co. KGaA GE Company (GE Healthcare) Siemens Healthineers AG Hoffmann-La Roche Ltd