The latest report by Renub Research “Neonatal Intensive Care Market, Size, Global Forecast 2022-2027, Industry Trends, Impact of COVID-19, Opportunity Company Analysis” the Neonatal Intensive Care Market reached a value of USD 6.8 Billion by 2021. The neonatal intensive care unit is a specified nursery care room specifically designed for newborn babies up to 28 days in need of intensive medical care. The neonatal care units are equipped with advanced machines that provide critical care support to preterm babies with low birth weight or suffering from serious medical conditions like respiratory distress syndrome.
As per WHO - World Health Organisation approximately 15 million babies are born preterm every year. Apart from that, this number is surging at a great pace. Worldwide, prematurity has become one of the leading causes of death in neonate babies. And at the same time, it is likely to surge the demand for the number of neonatal intensive care units in the hospitals to assist in th
