Understanding Key Drivers and Growth Opportunities in the Fetal And Neonatal Care Equipment Market: Trends and Market Size Insights
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Industry-Specific Factors Are Fueling the Growth of theFetal And Neonatal Care Equipment Market?
The growing occurrence of premature births is anticipated to support the expansion of the fetal and neonatal care equipment market. A premature birth takes place before 37 weeks of pregnancy are completed. Factors such as older maternal age and chronic conditions like diabetes, hypertension, obesity, and infections contribute to preterm deliveries. Fetal and neonatal care devices aid in enhancing the survival and well-being of premature infants by allowing healthcare professionals to track vital signs and provide necessary care. For example, in May 2024, the Office for National Statistics in the UK reported that preterm live births increased to 7.9% in 2022 from 7.5% in 2021. Hence, the growing number of premature births boosts the fetal and neonatal care equipment market.
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#What Are the Key Projections for the CAGR of the Fetal And Neonatal Care Equipment Market From 2025 to 2034?
The fetal and neonatal care equipment market size has grown from $8.35 billion in 2024 to $8.99 billion in 2025, with a CAGR of 7.6%. The growth in the historic period can be attributed to the rising incidence of preterm births, growing awareness of maternal health, improvements in healthcare infrastructure, increasing disposable income, government initiatives, and rising incidences of complications.
The fetal and neonatal care equipment market size is expected to reach $11.95 billion in 2029, with a CAGR of 7.4%. Growth is supported by telemedicine expansion, focus on preventive healthcare, personalized medicine, emerging market growth, data analytics, and increased R&D investment. Key trends include IoT integration, wearable devices, imaging technology advances, minimally invasive procedures, smart monitoring systems, and personalized neonatal care.
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What Key Market Trends and Innovations Are Shaping the Future of theFetal And Neonatal Care Equipment Industry?
Companies in the fetal and neonatal care equipment market are working on advanced solutions, such as wireless maternal and fetal monitoring systems, to support preterm and high-risk pregnancies. These systems noninvasively monitor and display fetal heart rate, maternal heart rate, and uterine activity. In February 2024, GE HealthCare Technologies received FDA clearance for the Novii+ Wireless Patch Solution, designed to monitor maternal and fetal health starting at 34 weeks of gestation, offering a wireless, belt-free solution for greater mobility and comfort during labor.
Which Companies Are Leading the Charge in Expanding the Fetal And Neonatal Care Equipment Market Growth?
Major companies operating in the fetal and neonatal care equipment market are Cardinal Health, Medtronic PLC, Becton Dickinson and Company, Koninklijke Philips N.V., Stryker Corporation, GE Healthcare, B. Braun Melsungen AG, Olympus Corporation, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Drägerwerk AG And Co KGaA, ResMed Inc., Canon Medical Systems Corporation, Masimo Corporation, Nihon Kohden Corporation, Fisher And Paykel Healthcare Limited, C.R. Bard Inc., Contec Medical Systems Co. Ltd., Natus Medical Incorporated, Vyaire Medical Inc, Atom Medical Corporation, Amico Corporation, Mennen Medical Ltd, Phoenix Medical Systems Pvt Ltd, Utah Medical Products Inc, CareFusion Corporation
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How is the Global Fetal And Neonatal Care Equipment Market Segemented?
The fetal and neonatal care equipmentmarket covered in this report is segmented –
1) By Type: Fetal Care Equipment, Neonatal Care Equipment
2) By Portability: Portable Devices, Non-Portable Devices
3) By End-User: Hospitals, Diagnostics Centers, Clinics, Other End-Users
Subsegments:
1. By Fetal Care Equipment: Fetal Monitoring Equipment, Ultrasound Equipment, Fetal Surgery Equipment, Fetal Diagnostics Equipment, Fetal Assessment Systems
2. By Neonatal Care Equipment: Incubators, Phototherapy Equipment, Respiratory Support Equipment, Neonatal Monitoring Equipment, Feeding Equipment, Suction Devices, Transport Incubators
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Which Geographics are Influencing the Growth of the Fetal And Neonatal Care Equipment Market?
North America was the largest region in the fetal and neonatal care equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fetal and neonatal care equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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