Global Mother and Child Healthcare Market are expected to register a CAGR of approx. 13% over the period of 2022-2028. The mother and child healthcare market is rising due to the growing number of death cases of pregnant women during childbirth across the globe. For instance, according to WHO, 2020, 810 women approximately, die every day from preventable causes related to pregnancy and childbirth and 94% of all maternal deaths occur in low and lower-middle-income countries. Owing to these glaring statistics for prevention from this mortality rate of pregnant women, growing awareness regarding mother and child healthcare services after and during pregnancy increases the demand for mother and child healthcare and is anticipated to grow in the forthcoming years mainly. According to UnivDatos Market Insights (UMI)’ research report “global mother and child healthcare market”, the market is expected to witness robust growth during the forecast period 2022-2028F. Moreover, the widespread adoption of MCH services by pregnant women due to insufficient or no availability of prenatal care and delivery without assistance from appropriately trained healthcare providers is fueling the demand for the mother and child healthcare market. Furthermore, the development of various nutritional and micronutrient supplementation strategies that include zinc, calcium, iron and early prenatal food supplementation is expected to drive the market for mother and child healthcare market in the coming years.
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Based on the services, the mother and child healthcare market is segmented into pre-natal services, birthing services, post-natal services, and fertility services. The post-natal services segment accounted for a significant market share and it is estimated that it will grow rapidly during the projected timeframe owing to care offered in these services such as prevention, elimination, early detection, and cure of health complications.
Based on the location, the market is fragmented into hospitals, nursing homes clinics, home services, and online. The hospital segment grabbed a considerable market share, and it is expected to grow at a significant CAGR during the forecast period. Different hospitals provide various mother and child healthcare services for patients worldwide coupled with alliances with academic institutes/universities and the availability of government funding.
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Asia Pacific witnessed extensive growth
For a better understanding of the market adoption of the mother and child healthcare market, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. Asia Pacific constitutes a major market for the mother and child healthcare industry owing to the increase in the trend of late pregnancies, a surge in IVF success rates, and an increase in disposable income.
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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global mother and child healthcare market are Ann Robert H. Lurie Children's Hospital, Apollo Hospitals Enterprise Ltd., Carle Foundation Hospital, ChristianaCare, Cincinnati Children's Hospital, Cloudnine Group of Hospitals, Arrowhead Regional Medical Center, King Faisal Specialist Hospital Research Centre, Riley Hospital, The Jorvi Hospital Several MA’s along with partnerships have been undertaken by these players to boost their presence in different regions.
“Global Mother and Child Healthcare Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.
Market Segmentations:
- By Services (Pre-Natal Services, Birthing Services, Post-Natal Services, Fertility Services)
- By Maternal Age (Under 20, 21 to 30, 31 to 38, 39 above)
- By Location (Hospitals, Nursing Homes Clinics, In homes Services, Online)
- By Region (North America, Europe, Asia-Pacific, Rest of the World)
- By Company (Ann Robert H. Lurie Children's Hospital, Apollo Hospitals Enterprise Ltd., Carle Foundation Hospital, ChristianaCare, Cincinnati Children's Hospital, Cloudnine Group of Hospitals, Arrowhead Regional Medical Center, King Faisal Specialist Hospital Research Centre, Riley Hospital, The Jorvi Hospital)
Key questions answered in the study:
- What are the current and future trends of the global mother and child healthcare industry?
- How the industry has been evolving in terms of services, maternal age, and location?
- How the competition has been shaping across the countries followed by their comparative factorial indexing?
- What are the key growth drivers and challenges for the global mother and child healthcare industry?
- What is the customer orientation, purchase behavior, and expectations from the global mother and child healthcare suppliers across various region and countries?
