Global Neonatal Infant Care Market
Healthcare Services

Neonatal Infant Care Global Market Outlook 2023-2032: Size And Growth Rate Analysis

The Business Research Company’s global market reports provide comprehensive analysis on the various markets in 27 industries across 60 geographies.

  1. Introduction

The global neonatal infant care market is on a growth trajectory, with an anticipated increase from $2.67 billion in 2022 to $2.91 billion in 2023, reflecting a robust compound annual growth rate (CAGR) of 8.9%. This expansion is expected to continue, propelling the market size to $3.92 billion by 2027, driven by a steady CAGR of 7.8%.

  1. Root Cause Analysis: The Rise in Premature Births
  • Addressing Premature Births:
    • A key factor fueling the growth of the neonatal infant care market is the surge in premature births.
    • Premature birth, occurring before 37 weeks of pregnancy completion, necessitates specialized neonatal care for the health and well-being of the newborn.
    • Notably, the Centers for Disease Control and Prevention (CDC) reported an increase in the preterm birth rate from 10.09 in 2020 to 10.48 in 2021, emphasizing the urgency for neonatal care.
    • In the UK, about 8% of births in 2019 were preterm, affecting approximately 60,000 babies annually.
  1. Market Influencers: Major Players
  • Industry Leaders:
    • Major players shaping the neonatal infant care market landscape include Atom Medical Corp, Drägerwerk AG & Co. KGaA, Fisher & Paykel Healthcare Limited, and Koninklijke Philips N.V.
    • These industry giants play a crucial role in developing and advancing neonatal care solutions, contributing to improved outcomes for premature and sick infants.
  1. Tech-Driven Trends: Technological Advancements
  • Innovation in Neonatal Care:
    • Technological advancements stand out as a prominent trend in the neonatal infant care market.
    • Companies like Max Ventilator are at the forefront, launching innovative multifunctional ventilators designed for both neonatal and adult care.
    • The non-invasive technology incorporated in these ventilators provides multifunctional capabilities, supporting non-invasive ventilation and oxygen therapy.
  1. Market Segmentation

The global neonatal infant care market is segmented based on:

  1. Product Type: Thermoregulation Devices, Phototherapy Devices, Monitoring Systems, Neonatal Hearing Screening, Neonatal Infant Resuscitator Devices, Vision Screening, Others Products
  2. Prenatal and Fetal Equipment: Ultrasound and Ultrasonography Devices, Fetal Doppler’s, Fetal Magnetic Resonance Imaging (MRI), Fetal Monitors
  3. Neonatal Equipment: Infant Warmers and Incubators, Phototherapy Equipment, Neonatal Monitoring Devices and Respiratory Assistance, Monitoring Devices
  4. End-User: Hospitals, Nursing Homes, Pediatric and Neonatal Clinics
  1. Regional Dynamics
  • North America Takes the Lead:
    • In 2022, North America emerged as the largest region in the neonatal infant care market, holding a significant market share.
    • The region is expected to continue its prominence, emphasizing the prioritization of neonatal care in healthcare settings.

View More On The Neonatal Infant Care Market Report 2023 –

RequestA Sample Of The Global Neonatal Infant Care Market Report 2023:

The Neonatal Infant Care Global Market Report 2023 provides a comprehensive overview on the neonatal infant care market size, trends and drivers, opportunities, strategies, and companies analysis. Through our reports businesses can effectively analyze data and frame well-informed strategies

View More Related Reports –
Infertility Treatment Global Market Report 2023
Infant Formula Ingredients Global Market Report 2023
Fetal And Neonatal Monitoring Devices Global Market Report 2023

Contact us at:
The Business Research Company:
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]

Follow us on:
Global Market Model: