Japan Neonatal and Prenatal Devices - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029

Japan Neonatal and Prenatal Devices - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029

The Japan Neonatal and Prenatal Devices Market size is estimated at USD 450.43 million in 2024, and is expected to reach USD 663.05 million by 2029, growing at a CAGR of 8.04% during the forecast period (2024-2029).

The factors such as presence of well-established companies, advanced products and rising awareness regarding prenatal and neonatal care is expected to boost the market growth. In March 2020, International Communication Committee of the Japan Academy of Neonatal Nurses participated in the 'Global Call to Action'. This programme aims at advancing the care for babies born too soon, too small or too sick. Furthermore, Japan has developed healthcare system and hence, indicates greater adoption of advanced products. In 2019, Melody International introduced Fetal Monitor iCTG in the market. It is a platform which enables doctors to remotely monitor the mother and fetus condition by the wireless devices which is connected to the abdomen.

Japan Neonatal & Prenatal Devices Market Trends

Incubator is Expected to Contribute a Major Share in the Japan Neonatal and Prenatal Devices Market

An infant incubator is a biomedical device that provides warmth, humidity, and oxygen in a controlled environment, as required by the newborn. These devices are often necessary for infants, as they need respiratory support, ranging from extra oxygen to continuous positive airway pressure (CPAP) or mechanical ventilation. Atom Medical provides Atom Transcapsule V-808 which is a transport incubator incorporated with oxygen monitor and skin temperature. According to the World Health Organization, in 2019, the infant mortality rate in Japan was 1.8 per 1,000 live birth. Even though the infant mortality rate in Japan is lower in comparison to other countries, the need for management of neonatal and prenatal care still perissts. Hence, it is expected to impact positively on the market.

Japan Neonatal & Prenatal Devices Industry Overview

Some of the major players in the Japan Neonatal and Prenatal Devices are Atom Medical, Apel Co. Ltd., GE Healthcare, Masimo, Natus Medical Incorporated, Koninklijke Philips NV, Vyaire Medical, Medtronic Plc.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support