The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Latin America Neonatal Care Devices Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.
In-Depth Market Overview of Latin America Neonatal Care Devices Industry (2023-2028):
According to the latest report, The Latin America Neonatal Care Devices Market is projected to grow at a CAGR of around 5.9% during the forecast period, i.e., 2023-28. The report demonstrates the prominent factors propelling the exponential growth of the Latin America Neonatal Care Devices industry.
Key Takeaways: Beneficial for Stakeholders and Clients:
· Historical Data: 2018-21
· Base Year: 2022
· Forecast Period: 2023-28
· CAGR (2023-2028): 5.9%
What are the major Driver the Latin America Neonatal Care Devices industry?
Growing Propensity for Advanced Featured Neonatal Care Devices: The growth of the neonatal care devices market has been fueled by features such as lightweight, compact, advanced, and remote-based monitoring that have made it possible for end-users to rely on efficient neonatal care machines. Proper prenatal care and appropriate medical care are crucial for a healthy pregnancy. The industry has been pushed to develop safe, effective, and reasonably priced products owing to the rise in demand for more tailored and advanced diagnosis methods and the accessibility of numerous healthcare services across Latin America. The market for neonatal care devices shall continue to rise rapidly due to the higher adoption of integrated and multifunctional newborn care equipment across the region.
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Latin America Neonatal Care Devices Market Segmentation
The Latin America Neonatal Care Devices Market analysis of Markntel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
- By Equipment
- Incubators
- Infant Warmers
- Electric Warmers
- Non-Electric Warmers
- Phototherapy Equipment
- Conventional Phototherapy
- Fibre-Optic Phototherapy
- Respiratory Devices
- Neonatal Ventilators
- Oxygen Analysers and Monitors
- Continuous Positive Airway Pressure (CPAP) Devices
- Resuscitators
- Others (Endotracheal tubes, umbilical artery catheter, etc.)
- Neonatal Monitoring Devices
- Blood Pressure Monitors
- Pulse Oximeters
- Cardiac Monitors
- Others (Capnography, Integrated Monitoring Devices, etc.)
- Diagnostic Imaging Devices
- Ultrasound Systems
- X-Ray Imaging Systems
- Others (CT, Radiography, etc.)
- By End User
- Hospitals
- Clinics
- Diagnostic Centres
- By Country
- Brazil
- Argentina
- Mexico
- Colombia
- Rest of Latin America
As per the regional aspect, the Latin America Neonatal Care Devices Market is expected to be dominated by Brazil by capturing the potential market share.
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Top Companies in the Latin America Neonatal Care Devices Market
Atom Medical Corporation, Becton, Dickinson and Company, Fanem, GE Healthcare, Koninklijke Philips N.V., Masimo Corporation, Medtronic Plc, Natus Medical Incorporated, Nihon Kohden, Others
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