Neonatal Monitoring Devices Market
Neonatal Monitoring Devices Market Scope:
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Neonatal Monitoring Devices Market Size and Growth
The neonatal monitoring devices market is experiencing robust growth, driven by increasing birth rates and advancements in technology. The global market size is projected to exceed $3 billion by 2025, with a compound annual growth rate (CAGR) of around 11%. Key trends include enhanced connectivity and integration in healthcare systems.
Companies Covered
(Covid 19 Impact Covered)
◍ Medtronic
◍ B. Braun
◍ Motorola
◍ Summer Infant
◍ Philips
◍ Teleflex Incorporated
◍ C. R. Bard
◍ Samsung
The neonatal monitoring devices market features major players like Medtronic, Philips, and B. Braun, focusing on innovation and technology advancements. Companies enhance market growth through product development, strategic partnerships, and expanding accessibility. Sales revenues include:
- Medtronic: $30 billion (2023)
- Philips: $18 billion (2022)
- B. Braun: $12 billion (2022)
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Market Segmentation
By Application
Hospitals
Childcare Clinics
Others
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By Product
Audio Baby Monitor
Video Baby Monitor
Others
$ 5.50 Billion
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