Fetal And Neonatal Care Equipment Market Revenue will Reach $12.7 Billion By 2025
“The growth of the market can be attributed to factors such as a growing birthrate in developing countries coupled with rising prevalence of associated premature births also known as preemies.�
The global fetal (labor & delivery) and neonatal care equipment market is expected to reach a value of USD 12.7 billion by 2025, according to a new report by Grand View Research, Inc. Fetal and neonatal care devices consist of a variety of equipment that are designed to monitor and detect complications in newborn babies. The growth of the market can be attributed to factors such as a growing birthrate in developing countries coupled with rising prevalence of associated premature births also known as preemies. Furthermore, neonatal hospital-acquired infections such as Central Line-Associated Bloodstream Infections (CLABSI) and healthcare-associated pneumonia are additional notable factors responsible for the growth of the market. Access Full Research Report on Global Fetal (Labor & Delivery) and Neonatal Care Equipment Market : http://www.grandviewresearch.com/industryanalysis/fetal-labor-and-delivery-and-neonatal-equipment-market Various aspects such as delayed maternal age, induced fertility, and lack of proper prenatal care is considered to be major factors contributing to the birth of premature
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