Global Neonatal Intensive Care Market to be US$ 8 Billion by 2024
Access full Research: https://www.renub.com/neonatal-intensive-care-market-p.php As per Renub Research analysis Neonatal Intensive Care Market is expected to reach over US$ 8 Billion landmark by the end of 2024. Most of the developed countries has neonatal intensive care unit in their hospitals or clinics or at the primary healthcare centers (PHC). Asian, Latin American and African countries governments are trying to build up NICU unit in their hospitals as they have faces high preterm mortality rate with respect to developed countries. Driving forces for neonatal intensive care market are rising number of preterm birth and technological advancement whereas lack of healthcare infrastructure and medical devices regulatory approval are hiding this market growth. Neonatal intensive care unit is developed and specialized by medical staff that has infant care experience and neonatal medical devices to care for premature and sick newborn babies. Prematurity, respiratory distress syndrome, sepsis or infection, hypoglycemia, perinatal depression and maternal chorioamnionitis are some of the reasons for which new born baby can be admitted in the NICU.
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