According to FutureWise analysis the market for neonatal intensive care in 2023 is US$ 7.41 billion, and is expected to reach US$ 11.15 billion by 2031 at a CAGR of 5.24%.
Premature infants with low birth weight, perinatal issues, congenital abnormalities, respiratory illnesses, neuromuscular diseases, or who have had thoracoabdominal surgery are cared for in neonatal intensive care units (NICUs). For the specific needs of newborn infants, NICUs are equipped with cutting-edge life support systems and a team of highly qualified professional medical and nursing staff. The neonatal intensive care unit (NICU) is a specific area of the hospital where new-borns who require intensive medical care are frequently placed. Babies that are not as unwell but still require specialized nursing care may also receive care in NICUs.
Physical therapists have been shown to be helpful in the NICU in lowering physical limits and impairments in infants and educating the family on how to care for their newborn in the best way. Parent education and collaboration are crucial regarding NICU physiotherapy and invasive procedures used in the NICU. One of the most difficult duties is newborn monitoring. The management of neonatal health concerns has continued to depend on developing better equipment. Manufacturers are investing significantly to meet the rising demand for neonatal critical care equipment, notably thermoregulation devices.
FutureWise Market Research has published a report that provides an insightful analysis of neonatal intensive care market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry.
According to the analysis conducted by FutureWise research analysts, the neonatal intensive care market is estimated to register a considerable growth rate over the forecast period. This report lists the market segments and potential prospects available across this industry, in addition providing crucial information on the total valuation currently held by the industry. Moreover, this report will assist key management individuals in an organisation to enhance their decisions pertaining to business expansion as well as strategic changes for increasing customer base.