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.                             

Latin America Neonatal Care Devices Market Driver:

·       Growing Instances of Pre-Term Mortality Across Latin America

Latin American Centre for Perinatology (CLAP), a part of The Pan American Health Organization (PAHO), through its recent awareness campaign, seeks to encourage quality care for neonates during the first 28 days that exhibit the higher risk of infant mortality. In Latin America and the Caribbean, 7 out of every 1,000 infants fail to reach their one-month birthday. This rate ranges from 1.7 infants in Aruba and 2.3 in Cuba to 18 in the Dominican Republic. Most of these deaths are preventable yet account for almost half of all deaths during the first year of life, states the organization. In order to deal with complications associated with preterm infants, more advanced and effective neonatal care devices such as infant incubators, neonatal ventilators, oxygen analyzers & monitors, and resuscitators have emerged in the market in recent years.

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Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

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Latin America Neonatal Care Devices Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2022

-Historical Period: 2018 to 2021

-Forecast Period: 2023-28

• 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

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -   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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