Neonatal Intensive Care Respiratory Devices Market Size 2021 |To Reach USD 2,431.3 Million in 2028; Rising Respiratory Problems in Infants to Boost Growth, says Fortune Business Insights

By Globe Newswire6 days ago

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Pune, India, April 08, 2021 (GLOBE NEWSWIRE) -- The global “neonatal intensive care respiratory devices market is set to gain impetus from the increasing cases of preterm births. As per the World Health Organization (WHO), every year, around 15 million babies are born worldwide. Among them, 11% are preterm births. This information is given by Fortune Business Insights™ in a new report, titled, “Neonatal Intensive Care Respiratory Devices Market, 2021-2028.“ The report further states that the neonatal intensive care respiratory devices market size is projected to grow from USD 1,636.2 million in 2021 to USD 2,431.3 million in 2028 at a CAGR of 5.8% in the forecast period.

The COVID-19 pandemic has had a staggering impact on the market. It stood at USD 1,546.9 million in 2020. Neonatal intensive care respiratory devices exhibited normal demand across various regions amid this pandemic. As the coronavirus infection rarely occurs in neonates, the industry was not affected severely. Our reports will give you a complete picture of the market.

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