Embed Size (px)
DESCRIPTION
Global Neonatal and Fetal Care equipment market is estimated to reach US$5.96 billion by 2019 with a CAGR of 6.88%. This market report is Segmented by Product type (Prenatal and fetal equipment [ultrasound and ultrasonography devices, fetal dopplers, fetal magnetic resonance imaging, fetal monitors], neonatal equipment [infant warmers and incubators, phototherapy equipment, neonatal monitoring devices, respiratory assistance and monitoring devices] and others) and by Geography
Citation preview
GLOBALFETAL AND NEONATALCARE EQUIPMENTMARKET
Market Shares, Forecasts& Trends
2014 - 2019
mordorintelligence.com
Fetal And Neonatal Care Equipment Market | Sample
TABLE OF CONTENTS
1. INTRODUCTION 1
1.1 Market Definition 1
1.2 Market Size Estimation 2
2. EXECUTIVE SUMMARY 3
3. MARKET OVERVIEW 4
3.1 Introduction 4
3.2 Market Drivers 5
3.2.1 Rising Incidence of Preterm Births 5
3.2.2 Increasing Awareness for Prenatal and Neonatal Care 6
3.2.3 Increased demand of Prenatal Therapeutics, Diagnostics and Monitoring Devices 7
3.3 Market Restraints 8
3.3.1 Low Birth Rates in Developed Countries 8
3.4 Market Opportunities 9
3.4.1 Increased Government Funding and Awareness for Neonatal and Fetal Care 10
3.4.2 Emerging Markets 11
3.5 Porter’s Five Forces Analysis: Global Prenatal, Fetal and Neonatal Equipment Market 12
3.5.1 Bargaining Power of Suppliers 12
3.5.2 Bargaining Power of Buyers 13
3.5.3 Threat of Substitutes 14
3.5.4 Threat of New Entrants 15
3.5.5 Competitive Rivalry 16
4. Global Prenatal, Fetal and Neonatal Equipment Market 17
4.1 By Product Type 17
Fetal And Neonatal Care Equipment Market | Sample
4.1.1 Prenatal and Fetal Equipment 18
4.1.1.1 Ultrasound and Ultrasonography Devices 18
4.1.1.2 Fetal Dopplers 19
4.1.1.3 Fetal Magnetic Resonance Imaging (MRI) 20
4.1.1.4 Fetal Monitors 21
4.1.2 Neonatal Equipment 22
4.1.2.1 Infant Warmers and Incubators 22
4.1.2.2 Phototherapy Equipment 23
4.1.2.3 Neonatal Monitoring Devices 24
4.1.2.4 Respiratory Assistance and Monitoring Devices 25
4.1.3 Other Prenatal, Fetal & Neonatal Equipment 26
4.2 By Geography 27
4.2.1 North America 27
4.2.1.1 US 29
4.2.1.2 Canada 31
4.2.1.3 Mexico 33
4.2.2 Europe 34
4.2.2.1 UK 34
4.2.2.2 France 35
4.2.2.3 Germany 36
4.2.2.4 Spain 37
4.2.2.5 Italy 38
4.2.3 Asia-Pacific 39
4.2.3.1 India 39
Fetal And Neonatal Care Equipment Market | Sample
4.2.3.2 China 40
4.2.3.3 Japan 41
4.2.4 ROW 42
5. Competitive Ananlysis 43
5.1 Mergers & Acquisitions 43
5.2 New Product Launches 45
5.3 Expansion 47
5.4 Collaborations 49
6. Company Profiles 50
6.1 CareFusion Corporation 52
6.2 Cooper Surgical, Inc. 54
6.3 Covidien PLC 56
6.4 Fisher & Paykel Healthcare Limited 58
6.5 FUJIFILM SonoSite, Inc. 59
6.6 Getinge AB 62
6.7 Nonin Medical, Inc. 64
7. Appendix 66
Fetal And Neonatal Care Equipment Market | Sample
RESEARCH METHODOLOGY
1) Secondary Research: Information was collected from a number of public and paid data sources. Public
sources include but is not limited to Government websites, publications from the fetal and neonatal
health care programs of different countries, company annual reports, white papers and research
publications by recognized industry experts, WHO, United States (U.S.) Department of Health and Human
Services, Maternal and Child Health Bureau, Public Health Agency of Canada, National Institute of Health
and Care Excellence. Paid data sources include authentic industry databases.
2) Primary Research: After collecting data from secondary sources, primary interviews were conducted with
stakeholders at different points of the fetal and neonatal care equipment manufacturers, distributors,
ingredient suppliers, companies manufacturing fetal and neonatal care equipment and key opinion
leaders of the industry. 50 respondents constituting fetal and neonatal care equipment manufacturers,
distributors, suppliers, hospital administrators, etc. were interviewed. The data collected from the survey
was analyzed by an expert team of analysts to both validate the data points obtained from secondary
research and to fill any gaps in data.
3) Market Analysis: The market analysis phase involves analyzing the collected data, market breakdown
and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive
at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data
point is verified by the process of data triangulation to validate the numbers and arrive at a close
estimate.
4) Expert Validation: The market analysis data is verified and validated by a number of experts, both in-
house and external.
5) Report Writing: After the data is curated through the process, our analysts begin to write the report.
Garnering insights from data and forecasts, insights are drawn to visualize the entire business
ecosystem in a single report.
Fetal And Neonatal Care Equipment Market | Sample 1 | Mordor Intelligence
1.1 MARKET DEFINITION
Healthy mothers and children are the building blocks for a strong future of any nation. While infant and
maternal infant mortality continue to decline, the burden of mortality and morbidity in perinatal period –
pregnancy, childbirth and postpartum, remains a major concern.
The principal factors behind perinatal mortality and morbidity include preterm birth, fetal growth
restriction, and congenital anomalies. Babies born preterm and with low birth weight are more likely to
die and to have long-term neurological and developmental disorders than those born at term. The
incidence of these complications has increased in many countries.
Each year, some 15 million babies in the world, more than one in 10 births, are born too early. An
estimated three-quarter of those preterm babies who die could survive without expensive care if a few
proven and inexpensive treatments and preventions were available worldwide. Preterm births have been
an overlooked and neglected problem and because of high incidence and risk associated with the
preterm births, need of fetal and neonatal care equipments has increased in recent years.
There is a lot of disparity between countries regarding the magnitude of the problem. Of the 11
countries with preterm birth rates over 15%, all but 2 are in sub-Saharan Africa. Preterm births account
for 11.1% of the world's live births, 60% of them in South Asia and sub-Saharan Africa. In the poorest
countries, on average, 12% of babies are born too soon, compared to 9% in higher-income countries.
The market is majorly dominated by technologies like ultrasound & ultrasonography, fetal dopplers,
infant warmers & incubators, phototherapy equipment, and respiratory assistance & monitoring devices.
Respiratory assistance and monitoring devices is the largest sub-segments with over 40% share of the
neonatal equipment market. Africa and Asia are the major market share holders because of increased
incidences of premature child birth and rise in child births.
Fetal And Neonatal Care Equipment Market | Sample 4 | Mordor Intelligence
3. GLOBAL MARKET OVERVIEW
Fetal monitor, fetal pulse oximetry systems and sensors, and noninvasive jaundice monitoring device
markets are the major products dominating the market. Two new jaundice monitoring devices that allow
the noninvasive assessment of blood bilirubin levels are expected to find widespread acceptance in
labor and delivery rooms and NICUs, based on their ease of use and low cost.
Asian market is expected to show more growth in this segment because of more incidences of preterm
births. In 2010, the neonatal and infant care equipment market in India was valued at 632.5 million with
estimated sales of 9200 units. This amounts to 15 percent growth in volume terms and 20 percent in
value terms over 2009. The market is poised to grow over the next couple of years. Phototherapy
equipment, primarily used for treatment of jaundice in infants, contributed 63 million, with sales at 2000
units, with the latest LED phototherapy equipment accounting for 25 percent of quantity sales,
contributing 40 percent in value terms. The incubators in volume terms claimed a mere 6.5 percent of
the total market (valued at 120 million). This is in stark contrast with the global market where a higher
sale of incubators is made in comparison with warmers. In 2000, combined US sales of stand-alone
monitors and disposable sensors are projected to be $16.7 million, increasing to $69.8 million in the
year 2003, the bulk of which will be disposable sensors.
Global Neonatal and Fetal Care equipment market is estimated to reach US$5.96 billion by 2019 with a
CAGR of 6.88%
Fetal And Neonatal Care Equipment Market | Sample 5 | Mordor Intelligence
.
3.2 MARKET DRIVERS
3.2.1 RISING INCIDENCES OF PRETERM BIRTHS AND CORRESPONDING EFFORTS TO INCREASE
THEIR SURVIVAL RATES
Complications of preterm birth is the single largest direct cause of neonatal deaths, responsible for 35%
of the world’s 3.1 million deaths a year, and the second most common cause of under-5 deaths after
pneumonia.
0.00
1.00
2.00
3.00
4.00
5.00
6.00
7.00
2014 2015 2016 2017 2018 2019
Global Fetal and Neonatal Care Equipment Market(In Billions)
DATA HIDDEN FROM VIEW
Fetal And Neonatal Care Equipment Market | Sample 6 | Mordor Intelligence
Source: Mordor Intelligence Analysis
New WHO estimates of global rates of preterm births indicate that of the 135 million live births
worldwide in 2010, 14.9 million babies were born preterm, representing a preterm birth rate of 11.1%.
Over 60% of preterm births occurred in sub-Saharan Africa and South Asia where 9.1 million births
annually are estimated to be preterm. The high absolute number of preterm births in Africa and Asia are
related, in part, to high fertility and the large number of births in those two regions in comparison to
other parts of the world. Rates are highest on average for low-income countries (11.8%), followed by
lower middle-income countries (11.3%) and lowest for upper middle- and high-income countries (9.4%
and 9.3%). However, relatively few cases of high preterm birth rates are being observed in high-income
countries.
88%
12%
Preterm Birth In Low Income Countries
Normal
PretermDATA HIDDEN FROM VIEW
Fetal And Neonatal Care Equipment Market | Sample 7 | Mordor Intelligence
Source: Mordor Intelligence Analysis
Of the 1.2 million preterm births estimated to occur in high-income regions, more than 0.5 million (42%)
occur in the United States. The highest rates are found in Southeastern and South Asia where 13.4% of
all live births are estimated to be preterm.
Source: Mordor Intelligence Analysis
89%
11%
Preterm births in Middle Income Countries
Normal birth
Preterm Birth
91%
9%
Preterm births in High income Countries
Normal birth
Preterm birth
DATA HIDDEN FROM VIEW
DATA HIDDEN FROM VIEW
Fetal And Neonatal Care Equipment Market | Sample 27 | Mordor Intelligence
4.2 MARKET SEGMENTATION- BY GEOGRAPHY
4.2.1.1 NORTH AMERICA- US MARKET
The market for North America fetal and neonatal care equipment health is estimated to be $ 1.59 Billion
in 2014 and is expected to reach $ 2.09 billion by 2019 with a CAGR of 5.65%. The North America fetal
and neonatal care equipment market is highly dynamic and growing, supported by continuous R&D
activities. Preterm birth is the major concern accounting for long term disabilities like mental
retardation, cerebral palsy, vision and hearing problems etc. which are responsible for neonatal health
problems.
In the United States in 2010,reported preterm birth rates were as high as 17.5% in African American,
compared to just 10.9% in Caucasians,with rates varying from around 11 to 12% in those 20 to 35 years
of age to more than 15% in those under age 17 or over 40 .
Source: Mordor Intelligence Analysis
0.00
0.50
1.00
1.50
2.00
2.50
2014 2015 2016 2017 2018 2019
North America Fetal and Neonatal Care Equipment Market( In Billions)
DATA HIDDEN FROM VIEW
Fetal And Neonatal Care Equipment Market | Sample 28 | Mordor Intelligence
Source: Mordor Intelligence Analysis
47%
28%
25%
Number of Preterm Births by Countries
US
Canada
Others
DATA HIDDEN FROM VIEW
Fetal And Neonatal Care Equipment Market | Sample 54 | Mordor Intelligence
6. COMPANY PROFILES
6.3 COVIDIEN PLC
INTRODUCTION
Covidien is a leading global healthcare products company that creates innovative medical solutions for better
patient outcomes and delivers value through clinical leadership and excellence. Covidien develops, manufactures
and sells a diverse range of industry-leading medical device and supply products. With 2013 revenue of $10.2
billion, Covidien has more than 38,000 employees worldwide in more than 70 countries, and its products are sold
in over 150 countries
Financials
Fiscal 2013 net sales of $10.24 billion were four percent above the previous year, with foreign exchange rate
movement lowering sales growth rate by two percentage points. Net revenue earned from Oximetry & Monitoring
Products, Airway & Ventilation Products was US$1732 million in 2013. The increase in net sales of Oximetry &
Monitoring was primarily due to the acquisition of Oridion in fiscal 2012, which contributed $79 million to the
increase in net sales and, to a lesser extent, increased sales of pulse oximetry sensors.
Mergers and Acquisitions
• Nfocus Neuromedical, Inc. (Nfocus)—a developer of neurovascular intrasaccular devices, for total consideration
of $72 million ($71 million, net of cash acquired), comprised of cash of $51 million ($50 million, net of cash
acquired) and the fair value of contingent consideration of $21 million. As of September 27, 2013, our maximum
future contingent consideration payments associated with Nfocus totaled $45 million;
• CV Ingenuity (CVI)—a developer of a treatment for peripheral arterial disease, for total consideration of $216
million ($211 million, net of cash acquired), comprised of cash of $115 million ($110 million, net of cash acquired)
and the fair value of contingent consideration of $101 million, of which $65 million was paid during fiscal 2013.
As of September 27, 2013, our maximum future contingent consideration payments associated with CVI totaled
$82 million, for which we had recorded a liability of $41 million.
Fetal And Neonatal Care Equipment Market | Sample 55 | Mordor Intelligence
Products and Services
Nellcor™ Bedside Respiratory Patient Monitoring System : The Nellcor™ Bedside Respiratory Patient Monitoring
System incorporates the latest Nellcor digital signal processing technology for accurate, reliable readings even
during low perfusion and other forms of signal interference.
Nellcor™ Respiration Rate Software : Unlike other methods for calculating respiration rate, which can be unreliable
and uncomfortable for the patient, monitoring with Nellcor™ Respiration Rate software is accurate, comfortable
for patients, and easy to use.
Alarm Management System : An upgrade to the Nellcor™ N600x bedside pulse oximetry monitor that identifies
and alerts staff to physiologic conditions that suggest relevant respiratory events and patterns in desaturation
without adding to the current set of monitors and sensors.
Analyst View
Covidien is a leading global healthcare products company that creates innovative medical solutions for better
fetal and neonatal care. Major segments covered by the company for fetal and neonatal care include Oximetry &
Monitoring Products and Airway & Ventilation Products. The company is continuously in the process of launching
new products, owing to increased awareness for fetal and neonatal care. One of Covidien’s recent products is the
Integrated Real-time Imaging System (IRIS) technology which streams a real-time video back to the Kangaroo
IRIS monitor, providing visual information that can aid clinicians in identifying key areas of a patient's anatomy.
Nellcor™ pulse oximetry portfolio, which is used to measure arterial oxygen saturation, has received U.S. Food and
Drug Administration (FDA) 510(k) clearance for motion claims. This in turn shows the company is expanding its
business in respiratory and monitoring devices focussing on Oximetry & Monitoring Products, Airway &
Ventilation Products, etc. The company recently added a new product to its family of ShileyTM neonatal and
pediatric tracheostomy tubes. The new cuffless product will help enhance patient care and safety within the
hospital and home care environments. This new product portfolio represents an important step forward in the
care of young patients dependent on tracheostomy tubes. Covidien acquired all of the outstanding capital stock
of Newport Medical, which is privately-owned and based in Costa Mesa, CA, for approximately $108 million.
Newport Medical is a physician-led company, focused solely on the design and manufacture of dependable, life
improving ventilators that are affordable for caregivers worldwide. Newport Medical’s products are sold in the
United States and more than 115 countries worldwide. This acquisition is consistent with Covidien’s strategy to
expand into adjacencies and invest in product categories where it can develop a global competitive advantage.
Fetal And Neonatal Care Equipment Market | Sample 56 | Mordor Intelligence
The percentage change in revenue for this segment for 2013 is 12 % and 3% respectively as compared to 2012.
The increase in net revenue of the company for this segment in 2013 as compared to 2012 shows increase in
market share for fetal and neonatal care equipment. The increase in net sales of Oximetry & Monitoring was
primarily due to the acquisition of Oridion in fiscal 2012, which contributed $79 million to the increase in net sales
and, to a lesser extent, increased sales of pulse oximetry sensors.
Fetal And Neonatal Care Equipment Market | Sample
DISCLAIMER
Mordor Intelligence Reports and their contents, including all the analysis and research containing
valuable market information, are provided to a select group of customers in response to orders. Our
customers acknowledge when ordering that Mordor Intelligence strategic analysis services are for our
customers’ internal use and not for general publication or disclosure to third parties.
Quantitative market information is based primarily on interviews and therefore, is subject to fluctuation.
Mordor Intelligence takes no responsibility for any incorrect information supplied to us by
manufacturers or users.
No part of this strategic analysis service may be given, lent, resold or disclosed to non-customers
without written permission. Reproduction and/or transmission in any form and by any means including
photocopying, mechanical, electronic, recording or otherwise, without the permission of the publisher is
prohibited.
ABOUT US
Mordor Intelligence is a global market research and consulting firm. Our singular focus is to provide
research insights for business success.
Our research team has expertise in diverse fields like Agriculture, Healthcare, ICT, Chemicals,
Manufacturing, Logistics, Electronics and Automotive. However diverse the expertise maybe, everyone
in our team shares one common trait - we love data and we love providing solutions to clients using that
data even more. Seeing your business flourish based on our solutions and strategy is what we love the
most.
For information regarding permissions and sales, please contact: [email protected]
7 | Mordor Intelligence !
!
Mordor Intelligence LLP No. 30, Padma Nilaya, Chola Nagar Bangalore, Karnataka, India 560032
+1 781 881 1110 | [email protected]
Copyright © 2014 Mordor Intelligence LLP All Rights Reserved. This document contains highly confidential information and is the sole property of Mordor Intelligence LLP. No part of it may be circulated, copied, quoted, or otherwise reproduced without the approval of Mordor Intelligence LLP.
