Neonatal Care Equipment Market Size, Strategic Analysis, Growth Drivers, Industry Trends, Demand and Future Opportunities and Forecast Period

The market for neonatal care equipment market is expected to develop at a compound annual growth rate (CAGR) of 5.6% from 2025 to 2035, from its estimated USD 2.0 billion in 2024 to USD 3.64 billion by that time. These tools are crucial for treating a variety of newborn conditions, keeping an eye on vital signs, supplying nourishment, regulating body temperature, and supporting breathing.

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GROWTH DRIVERS

The rising prevalence of preterm births and related consequences is the main factor affecting the market for neonatal care equipment. Giving birth before 37 weeks of pregnancy is known as preterm birth, and it is a serious health concern that frequently requires special medical care in order for premature babies to live and develop. According to the World Health Organization's (WHO) 2023 report, preterm birth affects one out of every ten newborns and has emerged as the primary cause of child mortality, with over one in five child deaths occurring before the child's fifth birthday.

Another important growing factor is the global expansion of NICU infrastructure. To reduce infant mortality and improve outcomes for preterm births, governments and private healthcare providers are making large investments in the construction and renovation of NICUs. In 2024, for example, India added 1054 Special Newborn Care Units (SNCUs) nationwide, increasing the need for ventilators, warmers, incubators, and monitoring devices, according to UNICEF.

MARKET SEGMENTATION:

By Type -

· Fetal Ultrasound Devices

· Fetal Doppler Devices

· Fetal MRI Systems

· Fetal Monitors

o Antepartum Fetal Monitors

o Intrapartum Fetal Monitors

· Fetal Pulse Oximeters

By Product–

· Infant Warmers

o Electric Warmers

o Non-Electric Warmers

· Neonatal Incubators

· Convertible Warmers & Incubators

· Neonatal Phototherapy Equipment

o Conventional Phototherapy

o Fiber-Optic Phototherapy

· Respiratory Care Devices

o Neonatal Ventilators

o Continuous Positive Airway Pressure Devices

o Resuscitators

o Other Respiratory Care Devices

· Neonatal Monitoring Devices

o Blood Pressure Monitors

o Cardiac Monitors

o Pulse Oximeters

o Capnographs

o Extracorporeal Membrane Oxygenation Systems

o Integrated Monitoring Devices

· Neonatal Diagnostic Imaging Devices

o Ultrasound Systems

o X-Ray Imaging Systems

o Other Neonatal Diagnostic Imaging Devices

By End User –

· Hospitals

· Neonatal & Pediatric Specialty Clinics

· NICU (Neonatal Intensive Care Units)

· Other End Users

By Region -

· North America

· Europe

· Asia Pacific

· Latin America

· Middle East & Africa

Neonatal Care Equipment Market Key Players:

· Atom Medical Corporation

· Cardinal Health

· Drägerwerk AG & Co. KGaA

· Edan Instruments, Inc.

· Fisher & Paykel Healthcare Limited

· GE Healthcare (A Division of General Electric Company)

· Masimo Corporation

· Medtronic PLC

· Natus Medical Incorporated

· Philips Healthcare (A Division of Koninklijke Philips N.V.)

· Phoenix Medical Systems Pvt. Ltd.

· Toitu Co., Ltd.

· Utah Medical Products, Inc.

· Other Key & Niche Players

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