Fetal and Neonatal Care Equipment Market - Growth, Trends, and Forecast (2020 - 2025)

The market is segmented by Product Type (Fetal Care Equipment and Neonatal Care Equipment) and Geography

Market Snapshot

Study Period:


Base Year:


Fastest Growing Market:

Asia Pacific

Largest Market:

North America

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Market Overview

The global fetal and neonatal care equipment market is expected to witness a CAGR of 7.5% during the forecast period. Certain factors that are driving the market's growth include increasing number of preterm and low-weight births, growing technological advancement in infant and maternal care products, and rising congenital and pregnancy complications due to sedentary lifestyle. 

The rise in preterm and low-weight births is one of the major factors for the growth of the fetal and neonatal care equipment market. With the rising number of births, a large number of complications are associated with preterm births, leading to neonatal deaths. In the United States, as per the Centers for Disease Control and Prevention (CDC), preterm births affected about one out of every 10 infants born, in 2016. Furthermore, in 2015, preterm births accounted for 17% of the infant deaths, and several who survived had breathing problems, feeding difficulties, cerebral palsy, and vision and hearing problems.

However, the rising cost of neonatal care, along with advancements in the medical devices, is one of the major factors hindering the fetal and neonatal care equipment market. In the United States, the average cost for the hospitalization of infants in the neonatal intensive care units (NICUs) is more than USD 3,000 per day. In addition, the NICU patients' total healthcare expenditure is nearly three times the cost of the patient population in the NICUs. Thus, this affects a large number of people, particularly in the developing countries, as they opt for these services, impeding the growth of this market.  

Scope of the Report

Fetal monitoring devices are vital tools that are routinely used in gynecology and obstetrics interventions, to examine fetal health during labor and delivery. Neonatal devices are extensively used in the neonatal intensive care units (NICUs), where complex machines and monitoring devices are designed for the unique needs of newborn babies. 

Product Type
Fetal Care Equipment
Fetal Dopplers
Fetal Magnetic Resonance Imaging (MRI) Devices
Ultrasound Devices
Fetal Pulse Oximeters
Other Fetal Care Equipment
Neonatal Care Equipment
Neonatal Monitoring Devices
Phototherapy Equipment
Respiratory Assistance and Monitoring Devices
Other Neonatal Care Equipment
North America
United States
United Kingdom
Rest of Europe
South Korea
Rest of Asia-Pacific
Middle East & Africa
South Africa
Rest of Middle East & Africa
South America
Rest of South America

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Key Market Trends

Incubator is Expected to Hold a Significant Market Share in the Neonatal Care Equipment Segment

The infants are taken care of, inside the incubators, also known as “open warmers”. Neonatal incubators are often necessary for infants. Infants need respiratory support, ranging from extra oxygen (by a head hood or nasal cannula) to continuous positive airway pressure (CPAP), or mechanical ventilation. Temperature regulation of infants is among the major factors to be controlled in the neonatal incubator cases. The companies vary the devices on several parameters, among which temperature regulation is very important, as severe temperature differences lead to neonate heat loss, hypothermia, and apnoea, which are closely related to airflow and air velocity. Some of the major players in this market segment include GE healthcare, Mom Incubators Ltd, and S S Technomed (P) Ltd. 

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North America Dominates the Market and is also Expected to do so during the Forecast Period

North America is expected to dominate the fetal and neonatal care equipment market, due to the presence of well-established healthcare facilities and the rise in the demand for advanced healthcare systems. In the United States, the value-based healthcare model has led to the development of highly specialized NICU centers, with the rise in the number of devices from the US FDA. Asia-Pacific is also expected to grow at the highest rate during the forecast period, owing to factors, such as increasing healthcare expenditures, high patient pool, and rising private hospitals and diagnostic centers in this region.

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Competitive Landscape

The global fetal and neonatal care equipment market consists of a few major players holding the major shares of the market. Companies, like Atom Medical Corporation, Becton, Dickinson and Company, Dragerwerk AG & Co. KGaA, GE Healthcare, Koninklijke Philips NV, Masimo, Medtronic PLC, Natus Medical Incorporated, Phoenix Medical Systems (P) Ltd, and Vyaire Medical, among others, hold  substantial shares in the fetal and neonatal care equipment market.  

Table Of Contents


    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing Number of Preterm and Low-weight Births

      2. 4.2.2 Growing Technological Advancement in Infant and Maternal Care Products

      3. 4.2.3 Rising Congenital and Pregnancy Complications due to Sedentary Lifestyle

    3. 4.3 Market Restraints

      1. 4.3.1 Stringent Regulatory Policies for New Device Approvals

      2. 4.3.2 High Prices of Advanced Neonatal Care Equipment

      3. 4.3.3 Limited Accessibility in the Developing Regions

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry


    1. 5.1 Product Type

      1. 5.1.1 Fetal Care Equipment

        1. Fetal Dopplers

        2. Fetal Magnetic Resonance Imaging (MRI) Devices

        3. Ultrasound Devices

        4. Fetal Pulse Oximeters

        5. Other Fetal Care Equipment

      2. 5.1.2 Neonatal Care Equipment

        1. Incubators

        2. Neonatal Monitoring Devices

        3. Phototherapy Equipment

        4. Respiratory Assistance and Monitoring Devices

        5. Other Neonatal Care Equipment

    2. 5.2 Geography

      1. 5.2.1 North America

        1. United States

        2. Canada

        3. Mexico

      2. 5.2.2 Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Italy

        5. Spain

        6. Rest of Europe

      3. 5.2.3 Asia-Pacific

        1. China

        2. Japan

        3. India

        4. Australia

        5. South Korea

        6. Rest of Asia-Pacific

      4. 5.2.4 Middle East & Africa

        1. GCC

        2. South Africa

        3. Rest of Middle East & Africa

      5. 5.2.5 South America

        1. Brazil

        2. Argentina

        3. Rest of South America


    1. 6.1 Company Profiles

      1. 6.1.1 Atom Medical Corporation

      2. 6.1.2 Becton, Dickinson and Company

      3. 6.1.3 Dragerwerk AG & Co. KGaA

      4. 6.1.4 GE Healthcare

      5. 6.1.5 Koninklijke Philips NV

      6. 6.1.6 Masimo

      7. 6.1.7 Medtronic PLC

      8. 6.1.8 Natus Medical Incorporated

      9. 6.1.9 Phoenix Medical Systems (P) Ltd

      10. 6.1.10 Vyaire Medical

  7. *List Not Exhaustive

** Subject to Availability

**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments

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