
Neonates or newly born babies require special assistance and/or monitoring due to medical conditions such as low birth weight and premature birth. In order to ensure proper care and healthy development, these infants are placed in a special wards and given care, which is referred to as neonatal care. Neonatal equipment comprises devices and equipment used in a neonatal intensive care unit (NICU), pediatric intensive care unit (PICU), or outside to take proper care of newly born babies. Neonatal equipment includes devices that are utilized in various applications for neonatal care such as respiratory assistance, monitoring, thermoregulation, and others. The global neonatal infant care equipment market is projected to be valued at US$ 1,519.0 Mn by the end of 2016 and is further expected to reach US$ 2,686.7 Mn by the end of 2024, expanding at a CAGR of 7.4%.