The neonatal infant care market size has seen significant growth in recent years. It has grown from $3.15 billion in 2024 to $3.41 billion in 2025 at a compound annual growth rate (CAGR) of 8.0%. This growth can be attributed to improved preterm birth survival rates, an emphasis on neonatal nutrition, maternal and infant healthcare programs, increased awareness about neonatal care, and patient rehabilitation and functional restoration.
The neonatal infant care market size is expected to continue this trend of strong growth in the coming years. Predicted to grow to $4.69 billion in 2029 at a compound annual growth rate (CAGR) of 8.3%. Factors contributing to this forecasted growth include innovations in personalized neonatal medicine, the development of neonatal vaccines, the rise of neonatal telehealth services, a focus on neuroprotection in neonates, and genetic screening for neonatal disorders.
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What Are The Impacting Growth Drivers In The Neonatal Infant Care Market?
The rise in the number of premature newborn babies is a significant force driving the growth of the neonatal infant care market. Premature birth, where the child’s birth occurs before the completion of 37 weeks of pregnancy, necessitates neonatal infant care as these infants often have medical conditions that require safe and suitable conditions for growth.
Which Segments Are Majorly Covered In The Neonatal Infant Care Market Report?
1) By Product Type: Thermoregulation Devices, Phototherapy Devices, Monitoring Systems, Neonatal Hearing Screening, Neonatal Infant Resuscitator Devices, Vision Screening, Other Products
2) By Prenatal and Fetal Equipment: Ultrasound and Ultrasonography Devices, Fetal Doppler’s, Fetal Magnetic Resonance Imaging (MRI), Fetal Monitors
3) By Neonatal Equipment: Infant Warmers and Incubators, Phototherapy Equipment, Neonatal Monitoring Devices And Respiratory Assistance, Monitoring Devices
4) By End-User: Hospitals, Nursing Homes, Pediatric And Neonatal Clinics
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What Key Companies Operate In The Neonatal Infant Care Market?
Major companies operating in the neonatal infant care market include Atom Medical Corp., Drägerwerk AG & Co. KGaA, Fisher & Paykel Healthcare Limited, GE Healthcare Technologies Inc., Ibis medical equipment and systems Pvt. Ltd., Medtronic PLC, Natus Medical Incorporated, International Biomedical Ltd., Koninklijke Philips NV, Weyer GmbH, Inspiration Healthcare Group PLC, Masimo Corp., CooperSurgical Inc., Abbott Laboratories, Edan Instruments Inc., Medela AG, Nihon Kohden Corporation, Getinge AB, Nice Neotech Medical Systems Pvt. Ltd., Becton, Dickinson and Company among others.
What Are The Emerging Trends In The Neonatal Infant Care Market?
Technological advancements are a key trend gaining popularity in the neonatal infant care market. Major companies are focusing on launching new technologies to sustain their position and meet consumer demand.
Which Region Holds The Largest Share In Neonatal Infant Care Market?
North America had the largest neonatal infant care market share in 2024. The report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Neonatal Infant Care Market Report 2025 Offer?
Neonatal infant care is the care or medical assistance given to an infant from the moment it is born until the first month. The care is necessary for infants born prematurely or with a medical condition, as they require intensive medical care due to their insufficient immunity and immature organ systems. The Neonatal Infant Care Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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