May 23RD,2022/IndustryNewsGlobal/ -- This new report from Stratview Research analyses the Neonatal (Preterm) Infant Care Market over the trend period from 2014 to 2019 and forecast period from 2022 to 2027. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Neonatal (Preterm) Infant Care Market Overview:
The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Neonatal (Preterm) Infant Care Market is no different. Derived from the previous market scenario, the Neonatal (Preterm) Infant Care Market is projected to grow from USD 2.8 billion in 2020 to USD 4.2 billion by 2026 at a CAGR of over 7.1% during the forecast period.
Key Players:
Target Audience
The Neonatal (Preterm) Infant Care Market is segmented by–
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Regional analysis:
By region, the North American market held a significant market share in 2020 and is projected to grow at a healthy CAGR in the coming years. Rising healthcare expenditure, as well as a growing number of product approvals, is likely to boost the market growth in the region. Also, the rising number of infant mortalities in the U.S. further augments the regional market growth.
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The neonatal (preterm) infant care market size is expected to reach USD 4.2 billion in the foreseeable future.
The thermoregulation devices segment held the largest share in the neonatal (preterm) infant care market in 2020.