Neonatal Thermoregulation Market

By Product Type;

Warmer - [Radiant Warmers & Wall Mount Warmer] and Neonatal Incubators - [Intensive Care Incubator & Transport Incubator and Neonatal Cooling Systems]

By Modality;

Open and Closed

By End User;

Hospitals, Pediatric & Neonatal Intensive Care Units, Nursing Homes, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn488786139 Published Date: June, 2025 Updated Date: August, 2025

Neonatal Thermoregulation Market Overview

Neonatal Thermoregulation Market (USD Million)

Neonatal Thermoregulation Market was valued at USD 765.09 million in the year 2024. The size of this market is expected to increase to USD 1,171.85 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.3%.


Neonatal Thermoregulation Market

*Market size in USD million

CAGR 6.3 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.3 %
Market Size (2024)USD 765.09 Million
Market Size (2031)USD 1,171.85 Million
Market ConcentrationMedium
Report Pages343
765.09
2024
1,171.85
2031

Major Players

  • General Electric Company
  • Natus Medical Incorporated
  • Inspiration Healthcare Group Plc
  • Koninklijke Philips N.V
  • Drgerwerk Ag & Co. Kgaa
  • Fisher & Paykel Healthcare
  • International Biomedical, Ltd
  • Atom Medical Corporation
  • Fanem Ltda
  • Novos Medical Systems

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Neonatal Thermoregulation Market

Fragmented - Highly competitive market without dominant players


The Neonatal Thermoregulation Market is witnessing strong growth as preterm births increase, with device usage rising by approximately 40% in neonatal units. This growth is driven by the critical need to prevent hypothermia in newborns. Companies are implementing targeted strategies to deploy warmers, incubators, and cooling systems across maternity and neonatal care environments. Robust collaboration between device manufacturers and neonatal care providers supports wide-reaching expansion.

Stronger Alliances Accelerating Market Reach
Over 38% of recent product pipelines are driven by strategic collaborations involving neonatal research centers, med‑tech firms, and clinical networks. These alliances speed regulatory alignment and certification processes. Joint ventures and mergers enable distribution into broader healthcare markets, fueling long-term growth and improving access across regions.

Wider Integration in Care Settings and NICUs
Utilization of thermoregulation solutions has grown by more than 42% across NICUs, delivery rooms, and home-care setups. As portable warmers and incubators become more accessible, early discharge and community-based thermal support are increasing. Manufacturers implement growth strategies that include bundled device offerings, clinician training, and remote monitoring features. Broad partnerships with health systems are enabling scalable expansion.

Projected Growth Aligned with Predictive Monitoring Trends
The market is expected to grow at an approximate 9.6% annual rate over the coming decade. More than 44% of next-generation systems now incorporate intelligent temperature controls and interoperable data platforms—defining the market’s future outlook. Continuous innovation in predictive algorithms and connected monitoring tools is shaping precision neonatal care and expanding long-term growth potential.

  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 Type
    2. Market Snapshot, By Modality
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Neonatal Thermoregulation Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising emphasis on advanced neonatal care facilities
        2. Increasing number of premature births
        3. Growing awareness about neonatal hypothermia
      2. Restraints
        1. High cost of thermoregulation equipment
        2. Limited access to advanced healthcare facilities in developing regions
        3. Stringent regulatory approvals for new devices
      3. Opportunities
        1. Growing demand in emerging economies (Asia Pacific expected to see high growth)
        2. Development of portable and cost-effective thermoregulation devices
        3. Increasing focus on remote patient monitoring for neonates
    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. Neonatal Thermoregulation Market, By Product Type,, 2021 - 2031 (USD Million)
      1. Warmer
        1. Radiant Warmers & Wall Mount Warme
      2. Neonatal Incubators
        1. Intensive Care Incubator & Transport Incubator
        2. Neonatal Cooling Systems
    2. Neonatal Thermoregulation Market, By Modality, 2021 - 2031 (USD Million)
      1. Open
      2. Closed
    3. Neonatal Thermoregulation Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Pediatric And Neonatal Intensive Care Units
      3. Nursing Homes
      4. Others
    4. Neonatal Thermoregulation 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. General Electric Company
      2. Natus Medical Incorporated
      3. Inspiration Healthcare Group Plc
      4. Koninklijke Philips N.V
      5. Drägerwerk Ag & Co. Kgaa
      6. Fisher & Paykel Healthcare
      7. International Biomedical, Ltd
      8. Atom Medical Corporation
      9. Fanem Ltda
      10. Novos Medical Systems
  7. Analyst Views
  8. Future Outlook of the Market