Neonatal Intensive Care Unit is also known as specialized nurseries. The neonatal intensive care unit is for premature babies or baby with high complication, because it is very specialized or advanced equipped unit that has expert medical staff and professional. All the clinics or hospitals or main health centers (PHC) of developed countries have their own in-house neonatal care unit. In order to reduce their preterm mortality rate government of Latin American, Asia and Africa are constructing more neonatal intensive care units in their country. Global Neonatal Intensive Care Market is expected to reach US$ 9 Billion market by the end of year 2025.
The main factors driving the growth of the market are; premature births are rising at rapid pace, increased risk at birth, increasing death rates (new born baby), rising awareness regarding neonatal intensive care unit (NICU), increasing per capita healthcare expenditure, improving government healthcare expenditure across the world etc. In addition, increased technological advancement and state-of - the-art technology such as smart incubators that shield babies from various environmental factors such as temperature and noise
The neonatal intensive care unit is best suited for highly complicated premature babies and new born babies because it is a highly specialized unit with profession of medical technician, doctors and other required staff. Increasing numbers of premature infant infections will further boost the market in the near future.
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