Neonatal Care Device Market Size, Share, Opportunities, And Trends By Product Type (Incubators, Ventilators, Phototherapy Devices, Monitoring Systems, Others), By End-User (Hospitals & Clinics, NICU/PICU, Maternity Centers, Ambulatory Surgical Centers), By Application (Preterm Birth Care, Jaundice Management, Respiratory Support, Disease Treatment), And By Geography – Forecasts From 2025 To 2030

Neonatal Care Device Market Size:

The neonatal care device market will grow at a CAGR of 5.23% to be valued at US$4.014 billion in 2030 from US$3.111 billion in 2025.

Neonatal care is a branch of medicine that involves caring for newborns who were born prematurely or with complications such as low weight, birth deformities, infection, heart anomalies, or other surgical issues that need specialist care. Neonatal care devices include a wide range of products like incubators, infant warmer, medical lights, phototherapy equipment, respiratory devices, and neonatal monitoring devices.

Neonatal Care Device Market Trends: 

The dropping fertility rate and increasing preterm births are the key factors influencing the market for neonatal care devices. Further with the growing advent of technology and increasing investment in Research and Development (R&D) some other factors significantly influence the market growth. In addition, rising medical expenditure by governments, globally, is anticipated to support the market.  North America holds a large portion market share for the neonatal care device market. Due to rising awareness and a high birth rate, Asia Pacific emerging nations are projected to have a substantial impact on demand for these devices in the coming years.

Neonatal Care Device Market Growth Factors:

• Pregnancy complications due to dropping fertility rate and rising sedentary lifestyle

Increasing pregnancy complications due to the dropping fertility rate and rising sedentary lifestyle are some of the key factors significantly affecting the market. hypertension, anxiety, diabetes, and obesity have increased in the past few years and have particularly increased complications during pregnancy. According to the World Bank, fertility rates have dropped down to 2.4 per woman in 2019 from 2.7per woman in 2000. Further, increasing cases of gestational diabetes have also been observed. According to the International Diabetes Foundation (IDF), 16.7% of pregnancies were prevalent to gestational diabetes mellitus.  2.11 million live births affected by other types of diabetes were first detected during pregnancy and 2.46 million live births were detected prior to pregnancy.

• Increasing preterm birth rate

Increased complications during pregnancy often lead to preterm birth.  Preterm infants require special care which has led to an increase in the use of neonatal care devices. According to the Centers for Disease Control and Prevention (CDC), the preterm birth rate stands at 10.1% in the United States of America for the year 2020. Globally, around 15 million babies are born preterm every year, according to World Health Organization (WHO). It is also a leading cause of death in children under the age of 5 years.

Respiratory distress syndrome is one of the leading disorders observed in infants born prematurely. It is most frequent in children born before 28 weeks gestation and affects one-third of those born between 28- and 34 weeks’ gestation, while only around 5% of those born after 34 weeks gestation are affected. According to the American Lung Association, annually around 24,000 infants are born with respiratory distress syndrome in the United States of America. Further, the rate of preterm birth is high in Asian Pacific countries. The following chart shows the top 10 countries with the greatest number of preterm births.

Neonatal Care Device Market Restraints:

• Testing and medical approvals for the neonatal care device can serve as its restraint

When it comes to infant care devices, safety concern is the major priority. Since the baby’s body is much more sensitive than that of adults, it is more prone to allergies, infections, etc. Neonatal care devices must go through rigorous testing and need the approval of medical authorities this can serve as a drawback for the market. Further, it requires a huge amount of investment in R&D.

Neonatal Care Device Market Key Developments:

• In June 2021, Abbott introduces a novel device for the treatment of preterm infants with heart openings in India.
• In June 2020, The European Foundation for the Care of Newborn Infants (EFCNI) and GE Healthcare's Maternal-Infant Care division has established a partnership. The collaboration will focus on neonatal temperature management in the NICU, baby resuscitation problems, neurodevelopment, and phototherapy home care.

This report provides an in-depth analysis of the Neonatal Care Devices industry, delivering strategic insights backed by data-driven forecasts and comprehensive evaluations. It examines market trends, growth opportunities, and competitive dynamics, empowering decision-makers with actionable intelligence. The study explores demand across key neonatal care devices segments, including product types, end-users, and applications. Additionally, it assesses technological advancements, regulatory frameworks, and macroeconomic factors, offering a holistic market perspective.

Neonatal Care Devices Market Segmentation:

Neonatal Care Devices Market Segmentation by product type

The market is analyzed by the following product types:

• Neonatal Incubators
• Neonatal Phototherapy Devices
• Neonatal Ventilators
• Neonatal Monitoring Devices
• Respiratory Assistance & CPAP Devices
• Neonatal Warmers
• Diagnostic Imaging Devices
• Neonatal Catheters & IV Lines

Neonatal Care Devices Market Segmentation by end-user

The report analyzes the market by end-user:

• Hospitals & Clinics
• Neonatal & Pediatric Intensive Care Units (NICU/PICU)
• Maternity Centers
• Ambulatory Surgical Centers

Neonatal Care Devices Market Segmentation by application

The market is segmented by application:

• Preterm Birth Care
• Neonatal Hypothermia & Jaundice Management
• Respiratory Support
• Infectious Disease Management
• Congenital Disease Treatment

Neonatal Care Devices Market Segmentation by regions:

The study also analyzed the neonatal care device market into the following regions, with country-level forecasts and analysis as below:

• North America (US, Canada, and Mexico)
• South America (Brazil, Argentina, and Others)
• Europe (Germany, UK, France, Spain and Others
• Middle East and Africa (Saudi Arabia, UAE and Others)
• Asia Pacific (China, Japan, India, South Korea, Thailand, Indonesia, and Others)

Neonatal Care Devices Market Competitive Landscape:

The global neonatal care device market features key players such as GE Healthcare, Philips Healthcare, Medtronic plc, Draegerwerk AG & Co. KgaA, Natus Medical Incorporated, Fisher & Paykel Healthcare, Becton, Dickinson and Company (BD), Masimo Corporation, Atom Medical Corporation, Phoenix Medical Systems, and Vyaire Medical, Inc.

Neonatal Care Devices Market Report Coverage:

This report provides extensive coverage as explained in the points below:

• Neonatal care device Market Size, Forecasts, and Trends by Product Type – Historical revenue data and adoption analysis.
• Neonatal care device Market Size, Forecasts, and Trends by End-User and Application – growth projections across segments. 
• The Neonatal care device market is also analyzed across different regions, with historical data, regional share, attractiveness, and opportunity of these solutions in different countries. The growth prospects and key players operating in these markets. The section also dwells on the macro factors, economic scenario, and other complementary factors aiding in market growth. 
• Market dynamics: The section details the market growth factors, restraints, and opportunities in the market. The segment also presents a complete market scenario with the help of Porter’s five forces model. 
• Competitive Intelligence: A thorough investigation of the competitive structure of the market presented through a proprietary vendor matrix model, market share analysis of key players, insights on strategies of key players, and recent major developments undertaken by the companies to gain a competitive edge. 
• Research methodology: The assumptions and sources that were considered to arrive at the final market estimates. Additionally, how our model is refined to ensure the most significant factors are taken into consideration with the proper hypothesis and bottom-up and top-down approaches enhance the reliability of forecasts further strengthening the trustworthiness of the numbers being presented. 

How this report is helpful to you and reasons for the purchase?

• The report provides a strategic outlook of the neonatal care device market to the decision-makers, analysts, and other stakeholders in an easy-to-read format for making informed decisions.
• The charts, tables, and figures make it easy for the executives to gain valuable insights while skimming the report. 
• Analyst support through calls and emails for timely clarification and incorporating additional requests. 
• Option of presentation or doc format with the estimates file to take care of diverse requirements. 
• 15% FREE customization with all our reports to help cater to additional requirements with significant cost savings. 
• Option of purchasing specific segments of the study, including opting for summary reports or just the estimates file. 

Neonatal Care Device Market Scope:

Report Metric	Details
Neonatal Care Device Market Size in 2025	US$3.111 billion
Neonatal Care Device Market Size in 2030	US$4.014 billion
Growth Rate	CAGR of 5.23%
Study Period	2020 to 2030
Historical Data	2020 to 2023
Base Year	2024
Forecast Period	2025 – 2030
Forecast Unit (Value)	USD Billion
Segmentation	Product Type End-User Application Geography
Geographical Segmentation	North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in the Neonatal Care Device Market	GE Healthcare Philips Healthcare Medtronic plc Draegerwerk AG & Co. KGaA Natus Medical Incorporated
Customization Scope	Free report customization with purchase

 

Our Best-Performing Industry Reports:

• Stethoscope Market
• Telehealth For Maternity Care Market
• Fetal & Neonatal Care Equipment Market
• Preterm Birth And PROM Testing Market
• Preterm Birth Diagnostic Test Kits Market

---

1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK

5. NEONATAL CARE DEVICE MARKET BY PRODUCT TYPE

5.1. Introduction

5.2. Neonatal Incubators

5.3. Neonatal Phototherapy Devices

5.4. Neonatal Ventilators

5.5. Neonatal Monitoring Devices

5.6. Respiratory Assistance & CPAP Devices

5.7. Neonatal Warmers

5.8. Diagnostic Imaging Devices

5.9. Neonatal Catheters & IV Lines

6. NEONATAL CARE DEVICE MARKET BY END-USER

6.1. Introduction

6.2. Hospitals & Clinics

6.3. Neonatal & Pediatric Intensive Care Units (NICU/PICU)

6.4. Maternity Centers

6.5. Ambulatory Surgical Centers

7. NEONATAL CARE DEVICE MARKET BY APPLICATION

7.1. Introduction

7.2. Preterm Birth Care

7.3. Neonatal Hypothermia & Jaundice Management

7.4. Respiratory Support

7.5. Infectious Disease Management

7.6. Congenital Disease Treatment

8. NEONATAL CARE DEVICE MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. USA

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. United Kingdom

8.4.2. Germany

8.4.3. France

8.4.4. Italy

8.4.5. Spain

8.4.6. Others

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Others

8.6. Asia Pacific

8.6.1. China

8.6.2. Japan

8.6.3. India

8.6.4. South Korea

8.6.5. Taiwan

8.6.6. Thailand

8.6.7. Indonesia

8.6.8. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. GE Healthcare

10.2. Philips Healthcare

10.3. Medtronic plc

10.4. Draegerwerk AG & Co. KGaA

10.5. Natus Medical Incorporated

10.6. Fisher & Paykel Healthcare

10.7. Becton, Dickinson and Company (BD)

10.8. Masimo Corporation

10.9. Atom Medical Corporation

10.10. Phoenix Medical Systems

10.11. Vyaire Medical, Inc.

11. APPENDIX

11.1. Currency 

11.2. Assumptions

11.3. Base and Forecast Years Timeline

11.4. Key benefits for the stakeholders

11.5. Research Methodology 

11.6. Abbreviations 

LIST OF FIGURES

LIST OF TABLES

GE Healthcare

Philips Healthcare

Medtronic plc

Draegerwerk AG & Co. KGaA

Natus Medical Incorporated

Fisher & Paykel Healthcare

Becton, Dickinson and Company (BD)

Masimo Corporation

Atom Medical Corporation

Phoenix Medical Systems

Vyaire Medical, Inc.