Global Neonatal Infant Care Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Thermoregulation Devices, Phototherapy Equipment, Monitoring Systems, Hearing Screening, and Vision Screening.

By Type;

Thermoregulation Devices, Phototherapy Devices, Monitoring Systems, Neonatal Hearing Screening, Neonatal Infant Resuscitator Devices, Vision Screening, and Others.

By End-Use;

Hospitals, Nursing Homes, and Paediatric & Neonatal Clinics.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn885273796 Published Date: March, 2025 Updated Date: May, 2025

Introduction

Global Neonatal Infant Care Market (USD Million), 2021 - 2031

In the year 2024, the Global Neonatal Infant Care Market was valued at USD 3,451.42 million. The size of this market is expected to increase to USD 5,293.35 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.3%.

The global neonatal infant care market is witnessing significant growth due to the rising awareness of neonatal health, increasing preterm birth rates, and advancements in healthcare infrastructure. Neonatal care includes a wide range of medical devices, pharmaceuticals, and services that cater to the health and well-being of newborns, particularly premature infants or those with health complications. The demand for neonatal care products such as incubators, ventilators, neonatal monitors, and infant resuscitation devices is growing as the focus on neonatal care intensifies globally. Improved healthcare facilities, along with government and non-governmental organizations' initiatives to reduce infant mortality rates, are further driving the market expansion.

The market is segmented by product type, including neonatal equipment, neonatal pharmaceuticals, and others, such as infant care consumables and accessories. Neonatal equipment, particularly incubators, respiratory care devices, and phototherapy devices, is a key segment of the market. The increasing number of premature births, along with advancements in technology that enhance the efficiency and safety of neonatal equipment, is fueling demand. Neonatal pharmaceuticals, such as antibiotics, vaccines, and growth hormones, also contribute significantly to the market, providing essential treatments for newborns with infections or other conditions. The continuous development of drugs and therapies tailored to neonatal needs, coupled with increasing healthcare access, is expected to expand this segment.

Geographically, North America holds a major share of the neonatal infant care market, largely driven by well-established healthcare infrastructure, high awareness of neonatal health, and the presence of leading market players in the region. The United States, in particular, is a key contributor to this market, with advanced neonatal care units and increasing government and private healthcare investments. Europe also represents a significant portion of the market, supported by robust healthcare systems and a strong focus on reducing neonatal mortality rates. Meanwhile, the Asia-Pacific region is expected to experience the highest growth in the coming years, fueled by improving healthcare facilities, rising birth rates, and greater access to neonatal care in emerging economies like China and India. Latin America and the Middle East & Africa are seeing steady market development, with healthcare advancements improving neonatal care access and contributing to market growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product

    2. Market Snapshot, By Type
    3. Market Snapshot, By End-Use
    4. Market Snapshot, By Region
  4. Global Neonatal Infant Care Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising preterm births
        2. Technological advancements accelerate
        3. Government healthcare initiatives
        4. Growing healthcare expenditure
      2. Restraints
        1. High equipment costs
        2. Limited access in rural areas
        3. Regulatory challenges persist
        4. Shortage of skilled personnel
      3. Opportunities
        1. Expansion in emerging markets
        2. Telemedicine adoption rises
        3. Innovations in device design
        4. Maternal healthcare focus
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Neonatal Infant Care Market, By Product, 2021 - 2031 (USD Million)
      1. Thermoregulation Devices
      2. Phototherapy Equipment
      3. Monitoring Systems
      4. Hearing Screening
      5. Vision Screening
    2. Global Neonatal Infant Care Market, By Type, 2021 - 2031 (USD Million)
      1. Thermoregulation Devices
      2. Phototherapy Devices
      3. Monitoring Systems
      4. Neonatal Hearing Screening
      5. Neonatal Infant Resuscitator Devices
      6. Vision Screening
      7. Others
    3. Global Neonatal Infant Care Market, By End-Use, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Nursing Homes
      3. Paediatric & Neonatal Clinics
    4. Global Neonatal Infant Care Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Atom Medical Corp
      2. Dragerwerk AG & Co. KGaA
      3. Fisher & Paykel Healthcare Corporation LTD
      4. General Electric Company
      5. IBIS Medical
      6. Medtronic
      7. Natus Medical Incorporated
      8. International Biomedical
      9. Koninklijke Philips N.V
      10. Phoenix Medical Systems (P) Ltd
      11. Nice Neotech Medical Systems Pvt Ltd
  7. Analyst Views
  8. Future Outlook of the Market