Signify Holding, GE Healthcare (a subsidiary of General Electric Company) and Atom Medical Corp are dominating the Global Neonatal Jaundice Management Market in 2020

Global Neonatal Jaundice Management Market is expected to grow with the CAGR of 6.4% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Global neonatal jaundice management market is a highly consolidated market, which includes specific number of key players. The market has witnessed increased strategic developments owing to favourable market scenario.    

The major players dealing in global neonatal jaundice management market are introducing strong range of products provider along with launching new products and adopting strategic initiative such as acquisition, agreement into the market. This helped companies to maximize the sales with enhanced product portfolio. For instance, in December 2020, GE Healthcare (a subsidiary of general electric company) had announced the collaboration with TVM Capital Healthcare who is specialist healthcare private company. These companies decided that they will increase the growth of the healthcare sector in different regions such ASEAN and MENA. This collaboration helped the company to get the access of the products of TVM Capital Healthcare which will further enhance the product portfolio of GE Healthcare as well business will be expanded in coming future.

Signify Holdings is the dominating player in the neonatal jaundice management market. The other key players existing in the market includes Atom Medical Corp., avihealthcare, Ibis Medical, Natus Medical Incorporated., DAVID, Weyer GmbH, nice Neotech Medical Systems Pvt. Ltd., Phoenix Medical Systems, Aeroflow, Inc., Zhengzhou Dison Instrument And Meter Co., Ltd, GENERAL ELECTRIC COMPANY, Neolight, Ardo, NeoMedLight, S S TECHNOMED(P)LTD, Drägerwerk AG & Co. KGaA, Braun & Co. Limited, HERBERT WALDMANN GMBH & CO. KG, GINEVRI srl, Shvabe Zurich GmbH, among others.

Neonatal Jaundice Management MarketSignify Holding

Signify Holdings was founded in 1891 and is headquartered in Eindhoven, The Netherlands. The company is focused on providing the lightning system that will give better living for the consumers. The categories in which the company is dealing are for professionals, for consumers, UV-C disinfection. Among these, the market focused category is for professionals.

  • In October 2019, Signify Holding had announced the acquisition of the company, Cooper Lighting Solutions for USD 1.4 billion cash. The motive for this acquisition was to strengthen their business position in North America which will increase their innovation power as well as competitive offerings. This acquisition helped the company to increase their revenues and expand their business globally.

The company has presence across Europe, Latin America, Asia-Pacific, Middle East and Africa, North America. The company has subsidiaries such as Signify Innovations India Limited (India), Signify Commercial UK Limited (U.K.), Philips Lighting Austria GmbH (Austria), Philips Lighting Canada (Canada), Signify Industry (China) Co., Ltd. (China), among others.

GE Healthcare (a subsidiary of General Electric Company)

GE Healthcare (a subsidiary of General Electric Company) was founded in 1994 and is headquartered in Illinois, U.S. The company is focused on providing the products for the diagnosis, treatment as well as monitoring the patients. The categories in which the company is dealing are accessories and supplies, advanced visualization, anesthesia delivery, bone and metabolic health, centricity solutions, diagnostic ECG, edison, EP recording, goldseal - refurbished systems, healthcare IT, hemodynamic recording, interoperability, interventional image guided systems, magnetic resonance imaging, mammography, maternal infant care, molecular imaging, patient monitoring, radiography, fluoroscopy systems, refurbished systems – A1-Sure, surgical imaging, ultrasound, ventilators. Among these, the market focused category is maternal infant care.

  • In November 2007, GE Healthcare (subsidiary of general electric company) had launched the product, Lullaby Phototherapy System which is used for the treatment of the neonatal jaundice. This product was launched in India. This product launch had helped the company to enhance the product portfolio in the category of Maternal-Infant Care (MIC) product.

The company has presence across Asia-Pacific, Middle East and Africa, Latin America, Europe, North America. The company has subsidiaries such as GE Healthcare Dharmacon, Inc. (U.S.), GE Healthcare’s eMedia Studios & Services (U.S.), Hyclone Laboratories Inc (U.S.), among others.

Atom Medical Corp.

Atom Medical Corp. was founded in 1938 and is headquartered in Tokyo, Japan. The company is focused on providing the medical equipment for saving the life of the infants. The categories in which the company is dealing are neonatal & premature infant, equipment and nursing equipment. Among these, the market focused category is neonatal & premature infant.

  • In July 2019, Atom Medical Corp. had announced that the company had absorbed and merged the subsidiary, ATOM Medical International, Inc. (AMI). The AMI will be now the division of Atom Medical Corp company and the business will continued by this company. This helped the company to increase their market share and expand their business globally.

The company has presence across Asia, Middle East and Africa, Europe, Americas, Oceania. The company has one subsidiary that is Lifemed Corporation (Japan).