India Neonatal and Prenatal Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

India Neonatal and Prenatal Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

India neonatal and prenatal devices market is expected to register a CAGR of 5.9% over the forecast period, 2022-2027.

The COVID-19 pandemic has significantly impacted the India neonatal and prenatal devices market. As per the study published in March 2022, titled "Accessing Maternal Health Care amid the COVID-19 Pandemic: A Study in Two Districts of Assam, India", movement restrictions brought on by the lockdown, the lack of public transit, and the concern of contracting Women who have COVID-19 were prevented from using services. These conditions caused the availability of essential maternal health care services in the Asia-Pacific area to drop by 20–50%, according to estimates. Moreover, as per the study published in January 2021, titled "Impact of COVID-19 pandemic on maternal and child health services in Uttar Pradesh, India", the reduced coverage for all interventions related to mother and child health. The total number of institutional deliveries decreased by 2.26%. The worst-affected services, with a 22.91% reduction, were those for antenatal care. Thus, the COVID-19 pandemic is expected to severely affect the market over the forecast period.

The major factors for the growth of the India fetal and neonatal care devices market are increased preterm birth rates, greater public awareness of the importance of prenatal and neonatal care, and government measures to improve care for infants.

Premature babies are born before the mother reaches the gestation period of 37 weeks. Depending on how premature the baby is, there are certain organs, which can be underdeveloped, such as the digestive tract, lungs, immune system, and even skin in certain cases, where the demand for incubators for their survival is inevitable. As per an article published in July 2022 titled "Higher preterm births, NICU admissions during 2nd wave". while 15% of newborns in the second wave group were born preterm (before 35 weeks), it was only 7.8% in the first wave and the number of premature babies in the region is increasing due to the increasing prevalence of diabetes and obesity among women along with the rise in multiple births due to fertility treatments. Moreover as per the United Nations International Children's Emergency Fund (UNICEF) data updated in July 2021, nearly 3.5 million babies in India are born too early, 1.7 million babies are born with birth defects, and one million new-borns are discharged each year from Special New-born Care Units (SNCUs). These new-borns remain at high risk of death, stunting, and developmental delay, and these factors will add to the growth of the studied market.

Moreover, UNICEFs focus on equitable reduction of neonatal deaths is in line with the Government of India’s "India New-born Action Plan", for which UNICEF is a key partner. The Action Plan aims to significantly reduce preventable new-born deaths and stillbirths and bring down neonatal mortality and stillbirth rate to a ‘single digit’ by 2030. As thematic technical lead for facility-based newborn care, UNICEF has been instrumental in the scale up of SNCUs across India and creating one of the biggest real time online data bases for sick newborns globally. UNICEF has also been assigned the role of lead partner in 39 out of 115 aspirational districts in India. With poor indicators across social sectors, these aspirational districts have identified by NITI Aayog in coordination with line ministries for convergent action.

Thus, all these factors are driving the demand for the prenatal and neonatal devices across India.

However, low birth rates in developed countries and lack of awareness and economic constraints in many areas are the major factors hindering growth in India neonatal and prenatal devices.

Key Market TrendsIncubators is the Segment by Product Type is Expected to have Fastest Growth Over the Forecast Period

Neonatal incubators are often necessary for infants. The infants need respiratory support, ranging from extra oxygen to continuous positive airway pressure (CPAP) or mechanical ventilation. The temperature regulation of infants is among the major factors to be controlled in neonatal incubator cases.

The companies have varied devices on several parameters, among which temperature regulation is very important, as severe temperature differences lead to neonate heat loss, hypothermia, and apnoea, which are closely related to airflow and air velocity. In the emerging markets, the growing focus is being seen on low-cost alternative neonatal incubators, such as MiraCradle and Embrace Nest in India, which are much cheaper than the incubator's original cost, and thus could be more affordable to hospitals and patients in several places across the country. With that, the market is expected to witness a healthy CAGR over the forecast period. Additionally owing to the increasing birth rate in the country is also further propelling the segment growth.

Moreover, as per the study published in July 2022, titled "Prevalence of preterm birth and perinatal outcome: A rural tertiary teaching hospital-based study" 135 (10.86%) of the 1,243 births that took place at the Mediciti Institute of Medical Sciences were premature births. The increasing number of preterm births is further boosting segment growth. With that, the market is expected to witness a high CAGR over the forecast period.

Competitive Landscape

The market studied is a fragmented market, owing to the presence of various small and large market players. Some of the market players are Atom Medical Corporation, GE Healthcare, Getinge AB, Koninklijke Philips NV, Masimo, Medtronic PLC, Natus Medical Incorporated, and Phoenix Medical Systems (P) Ltd.

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