According to the World Health Organization statistics, every year 15 million babies are born prematurely, and the number is continuously rising. Inadequate access to maternal care, chronic medical conditions, and high poverty rates are some of the factors that increase a mother’s risk of delivering babies prematurely. Premature babies have underdeveloped organs such as digestive tract, lungs, immune system, etc. so they are required to be kept in Neonatal Intensive Care Units (NICUs). Rapid innovations pertaining to technology, infrastructural developments in the healthcare sector, and increasing investments from major market players for developing innovative diagnostics and monitoring devices are also propelling the growth of prenatal and neonatal care market growth. Furthermore, leading players in the market are focusing towards creating awareness regarding the availability and use of pregnancy products, which is expected to fuel the market growth. Rapid innovation and technological developments are enabling healthcare providers to enhance the pregnancy care and deliver healthy babies. 

Here are some of the technological advances influencing Neonatal and prenatal care market trends. 

Medtronic SonarMed Airway Monitoring System

Medtronic’s latest offering to serve vulnerable patients, SonarMed is the newest first-of-its-kind product designed to help challenges faced by newborns with breathing. Premature babies have breathing tubes places inside their airways and frequent movement or shifting may lead to the patient losing breathing support. This could result in dangerously low oxygen levels for the baby in a matter of second. The Medtronic SonarMed help dedicated caregivers to determine the breathing tube position and confirm that it is not obstructed. In case of dislodging or occlusion, the monitoring system delivers timely alerts.   

GE Healthcare Prenatal At-Home Ultrasound Device

GE Healthcare has collaborated with Israeli startup, Pulsenmore to develop Ultrasound-based products for the home. Now, the expectant parents would not require visiting hospitals for ultrasound as they can perform the procedure themselves using guided online telehealth services or offline by following steps in an app. GE has invested USD50 million to help the medtech enter a rapidly expanding market of homecare and telemedicine. The application would allow women to feel more empowered and involved with universally accessible ultrasound and reliable care. Besides, the new ultrasound-based products for home would ultimately improve maternal health across the globe. 

Medtronic’s Neonatal Kidney Therapy

Critically ill neonates are vulnerable to fluid overload, a condition in which fluid acquires in the blood and results in kidney failure. Mortality rates in neonates born with this condition can be as high as 60%. However, Medtronic’s Carpediem Cardio-Renal Paediatric Dialysis Emergency Machine (CRRT) is proving to be a breakthrough to save lives of neonatal patients. CRRT is designed to purify blood and eliminate waste and excess fluid for preventing any kidney injuries and minimize the risk of low blood pressure. CRRT for neonatal patients can be used for patients weighing between 2.5-10 kg and works much better than a dialysis machine used by adults for blood purification.

According to TechSci Research report on “Global Neonatal & Prenatal Care Market By Equipment (Prenatal {Fetal Doppler, Fetal MRI, Fetal Monitor, Fetal Pulse oximetry and others}, Neonatal {Incubators, Neonatal monitoring device {Apnea, Blood pressure, cardio} Phototherapy equipment, Hearing and vision screening instrument, pulse oximetry}), By Application (ENT, Cardiovascular, Respiratory and others), By End User (Hospitals, Pediatric and Neonatal Clinics, Nursing Homes), By Region, Competition, Forecast & Opportunities, 2025”, the global neonatal and prenatal care market is expected to witness a significant growth during the forecast period. The growth can be attributed to the rising investments by governing bodies and healthcare providers coupled with high birth rates in developing regions.

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