Neonatal and Prenatal Devices Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Neonatal and Prenatal Devices Market Report is Segmented by Product Type (Prenatal and Fetal Equipment, and Neonatal Equipment), Technology (Invasive Monitoring, and Non-Invasive Monitoring), End User (Hospitals, Maternity & Specialty Clinics, and More), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, South America). The Market Forecasts are Provided in Terms of Value (USD).

Neonatal And Prenatal Devices Market Size and Share

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Neonatal And Prenatal Devices Market Analysis by Mordor Intelligence

The Neonatal And Prenatal Devices Market size is estimated at USD 8.36 billion in 2025, and is expected to reach USD 11.49 billion by 2030, at a CAGR of 6.58% during the forecast period (2025-2030).

Demand resilience comes from rising care complexity rather than expanding birth volumes, as United States preterm birth rates hold at 10.4% while neonatal mortality before day 28 has fallen 43%. Increasing adoption of AI-enabled ultrasound, portable incubators, and remote monitoring widens treatment access and lowers costs at a time when hospitals weigh capacity investments against reimbursement uncertainty. Competitive activity accelerates as leading brands partner with software companies to defend share and as low-cost innovators pursue underserved rural and emerging-market segments. Reimbursement reforms supporting distributed care finally give commercial traction to home-based neonatal monitoring, reshaping the neonatal and prenatal devices market growth trajectory.

Key Report Takeaways

  • By product type, prenatal and fetal equipment led with 63.62% revenue share in 2024; neonatal equipment is projected to expand at a 9.93% CAGR to 2030. 
  • By technology, non-invasive monitoring commanded 52.16% of the neonatal and prenatal devices market size in 2024 and is advancing at a 7.60% CAGR through 2030. 
  • By end user, hospitals held 57.34% of the neonatal and prenatal devices market share in 2024, while home and remote care settings record the fastest projected CAGR at 8.72% through 2030. 
  • By geography, North America represented 37.26% of 2024 revenue, but Asia-Pacific is forecast to post the highest regional CAGR of 9.08% to 2030. 

Segment Analysis

By Product Type: Neonatal Equipment Outpaces Prenatal Growth

Neonatal equipment revenue is expected to rise at a 9.93% CAGR through 2030, outstripping the prenatal and fetal category even though prenatal devices held 63.62% of the neonatal and prenatal devices market in 2024. The neonatal and prenatal devices market size tied to incubators grows fastest because hospitals upgrade to portable, battery-powered units that cost a fraction of traditional models yet meet ISO temperature stability standards. Low-resource facilities in Bangladesh confront a 20,000-unit gap, and compact systems priced around GBP 250 reduce procurement barriers and stimulate government tenders. Phototherapy systems adopt longer-lasting LEDs that cut power consumption 60%, encouraging adoption in off-grid clinics. Ventilation platforms integrate predictive algorithms that flag respiratory distress minutes earlier than conventional alarms, which helps caregivers intervene before oxygen saturation drops to critical thresholds.

Prenatal and fetal equipment, while still the most significant contributor to the neonatal and prenatal devices market revenue, advances at a slower pace because penetration is already high among tertiary care centers. AI-enhanced ultrasound, typified by GE HealthCare’s Voluson Signature line, reduces scan-to-report time by up to 40% without compromising diagnostic accuracy. Fetal MRI expands its role in central-nervous-system anomaly detection when ultrasound findings are inconclusive, creating a smaller but higher value subsegment. Remote fetal pulse oximeters link to telehealth portals so that obstetricians can watch high-risk pregnancies from afar, which is valuable in regions where 2.3% of mothers receive no prenatal care. However, market maturity and tightening hospital budgets temper growth relative to neonatology-focused devices, driving suppliers to focus R&D resources on postnatal applications.

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Note: Segment shares of all individual segments available upon report purchase

By Technology: Non-Invasive Monitoring Dominates Through Innovation

Non-invasive platforms accounted for 52.16% of neonatal and prenatal devices market revenue in 2024 and are projected to grow 7.60% annually, reflecting payer and clinician preference for lower infection risk solutions. Camera-based photoplethysmography measures pulse wave velocity without skin contact, while radar sensors monitor respiration through blankets, preventing electrode-related skin trauma in very-low-birth-weight infants. Finnish maternity wards documented a 41% drop in neonatal encephalopathy after introducing synchronized maternal pulse and fetal heart-rate evaluation, underlining safety gains that support reimbursement. Near-infrared brain spectroscopy migrated from research to bedside after Class II FDA classification enabled streamlined clearance pathways, expanding real-time cerebral oxygen monitoring. 

Invasive technologies remain crucial for the sickest neonates who need arterial blood-gas measurement, yet growth lags due to infection-control protocols and nurse workload. Hybrid systems that switch between non-invasive and invasive modes according to acuity allow clinicians to minimize catheter dwell time, marrying safety with data depth. Wireless modules simplify line management and cut alarm fatigue because AI algorithms adjust alert thresholds based on patient trend data. These developments reinforce the structural shift toward intelligent monitoring rather than siloed device categories, an evolution that will define premium value in the neonatal and prenatal devices industry.

By End User: Home Care Disrupts Hospital Dominance

Hospitals still represented 57.34% of 2024 global sales, but home and remote care settings show the strongest forward momentum at 8.72% CAGR, confirming a gradual decentralization of the neonatal and prenatal devices market. Clinical programs using connected scales, sleep pods, and pulse oximeters shortened average NICU length of stay by two days, saving USD 4,500 per infant episode on ward costs. The Stork platform from Masimo, which leverages hospital-grade SET algorithms, demonstrates how consumer-grade packaging can deliver medical-grade performance when FDA clearance is built.

Maternity clinics and outpatient centers deploy portable ultrasound consoles that weigh less than 6 kg and stream images to cloud PACS for specialist review, reducing patient travel and freeing hospital radiology slots. Ambulatory surgical centers broaden their scope to include neonatal procedures such as patent ductus arteriosus closure using miniaturized catheters that allow same-day discharge. Government toolkits, such as the United States HHS Newborn Supply Kit, show policymakers backing distributed care by providing essentials directly to families. This approach achieved 97% satisfaction and eased postpartum anxiety. As payers finalize remote-monitoring reimbursement frameworks, suppliers will shift marketing dollars toward the home channel, especially in countries with capitated payment systems that favor lower total-care costs.

Market Share by End User
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Note: Segment shares of all individual segments available upon report purchase

Geography Analysis

North America commanded 37.26% of global revenue in 2024, anchored by large NICU footprints, robust private insurance coverage, and a regulatory environment that favors continuous innovation. Yet structural headwinds arise from a 2% annual birth decline, and more than 200 rural hospitals have shuttered labor wards, restricting access outside metro centers. Canada’s single-payer model continues to buy premium equipment, but constrained budgets lengthen replacement cycles. Mexico’s social-security hospitals adopt mid-range monitors as they balance cost and rising acuity.

Asia-Pacific is projected to expand at a 9.08% CAGR through 2030, making it the fastest-growing region within the neonatal and prenatal devices market. China alone commits billions of renminbi to neonatal infrastructure, while India’s production-linked incentive scheme shifts device assembly onshore, lowering landed costs. Japanese and South Korean hospitals pursue AI imaging to manage aging clinical workforces, ensuring that premium segments continue to grow despite stagnant birth volumes. Southeast Asian nations, including Indonesia and Vietnam, open new maternal-child hospitals under public-private-partnership models, importing mid-tier incubators and monitors that balance feature sets with price.

Europe advances at a steadier clip as Medical Device Regulation deadlines prioritize compliance spending over green-field expansion, though unified rules simplify pan-EU launches for AI-driven software. Middle East and Africa, along with South America, remain nascent but strategically important because mobile-first infrastructure enables leapfrogging to cloud-connected devices without the legacy cost of wired networks. Portable incubators and solar-powered monitors see highest traction in these geographies, validating the global relevance of frugal innovation.

Growth Rate by Region
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Competitive Landscape

The market studied is a consolidated market, owing to the presence of various small and large market players. Incumbent suppliers retain moderate control, yielding a neonatal and prenatal devices market concentration best described as balanced between scale leaders and a wide field of specialists. GE HealthCare deploys a multi-pronged strategy that combines inorganic growth, such as the USD 51 million Intelligent Ultrasound acquisition, with cloud partnerships using AWS generative-AI services to automate image interpretation. Masimo, with 2024 healthcare revenue of USD 1.395 billion, extends its strong neonatal pulse-oximetry franchise into the home segment and aligns with advocacy groups like March of Dimes to reinforce clinical credibility. Philips, Samsung Medison, and Getinge integrate AI modules into existing hardware to lock in customer ecosystems, as seen in Getinge’s FDA 510(k) win for the Talis clinical decision-support platform. 

Start-ups pursue unmet needs through targeted inventions. Novocuff raised USD 26 million to develop a device that mechanically supports the cervix to prevent preterm birth, addressing an intervention gap in pregnancies under 30 weeks’ gestation. NeoPrediX, backed by Springhood Ventures, applies predictive analytics to newborn vital signs, enabling early detection of hyperbilirubinemia and hypoglycemia. Inventors of the MOM inflatable incubator received global media attention because their GBP 250 design costs 99% less than conventional systems, offering governments a scalable answer to equipment shortages. 

Supply-chain risk drives reshoring strategies. United States legislation incentivizes domestic semiconductor fabrication, and several device majors have announced assembly lines in Texas and Arizona to buffer component availability. European players diversify printed-circuit-board sourcing to Poland and the Czech Republic, reducing dependence on Asia. Chinese manufacturers invest in redundant tooling inside coastal and inland provinces to mitigate shipping delays. These capacity adjustments shape bargaining power on both price and delivery schedules, ultimately influencing hospital buying decisions worldwide.

Neonatal And Prenatal Devices Industry Leaders

  1. Atom Medical Corporation

  2. GE Healthcare

  3. Getinge AB

  4. Koninklijke Philips NV

  5. Natus Medical Incorporated

  6. *Disclaimer: Major Players sorted in no particular order
Neonatal & Prenatal Devices Market
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Recent Industry Developments

  • May 2025: GE HealthCare partnered with Raydiant Oximetry to advance fetal monitoring technologies, focusing on improving accuracy and effectiveness of prenatal care monitoring devices through enhanced oximetry capabilities.
  • March 2025: GE HealthCare and NVIDIA announced collaboration to develop autonomous X-ray and ultrasound technologies, leveraging AI-enabled software to address healthcare staff shortages and automate repetitive imaging tasks in high-volume settings.
  • January 2025: GE HealthCare unveiled enhanced Voluson Expert Series ultrasound systems with FDA 510(k) clearance, featuring AI-powered tools including SonoLyst suite for automated measurements and focus on early detection in high-risk pregnancies.
  • September 2024: FDA approved Minima Stent System for neonates, infants, and children weighing at least 1.5 kg, designed to reopen narrowed pulmonary arteries or aorta with successful vessel widening achieved in 41 of 42 patients without stent breakage.

Table of Contents for Neonatal And Prenatal Devices Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Incidence of Preterm Births
    • 4.2.2 Growth in High-Risk Pregnancy & Prenatal Screening Volumes
    • 4.2.3 Expansion of NICU Capacity in Emerging Markets
    • 4.2.4 Government-Supported Universal Fetal Monitoring Programs
    • 4.2.5 AI-Enabled Remote Neonatal Monitoring Adoption in Home Settings
    • 4.2.6 Development of Low-Cost Portable Incubators for Off-Grid Clinics
  • 4.3 Market Restraints
    • 4.3.1 Declining Birth Rates in Developed Economies
    • 4.3.2 High Capital Cost & Reimbursement Hurdles
    • 4.3.3 Limited Skilled Neonatal Care Staff in Rural Hospitals
    • 4.3.4 Supply-Chain Disruptions for Critical Electronic Components
  • 4.4 Technological Outlook
  • 4.5 Porter’s Five Forces Analysis
    • 4.5.1 Threat of New Entrants
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Bargaining Power of Suppliers
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Intensity of Competitive Rivalry

5. Market Size & Growth Forecasts (Value in USD)

  • 5.1 By Product Type
    • 5.1.1 Prenatal & Fetal Equipment
    • 5.1.1.1 Ultrasound & Ultrasonography Devices
    • 5.1.1.2 Fetal Doppler
    • 5.1.1.3 Fetal MRI
    • 5.1.1.4 Fetal Heart Monitors
    • 5.1.1.5 Fetal Pulse Oximeters
    • 5.1.1.6 Other Prenatal & Fetal Equipment
    • 5.1.2 Neonatal Equipment
    • 5.1.2.1 Incubators
    • 5.1.2.2 Neonatal Monitoring Devices
    • 5.1.2.3 Phototherapy Equipment
    • 5.1.2.4 Respiratory Assistance & Monitoring Devices
    • 5.1.2.5 Other Neonatal Care Equipment
  • 5.2 By Technology
    • 5.2.1 Invasive Monitoring
    • 5.2.2 Non-Invasive Monitoring
  • 5.3 By End User
    • 5.3.1 Hospitals
    • 5.3.2 Maternity & Specialty Clinics
    • 5.3.3 Home & Remote Care Settings
    • 5.3.4 Ambulatory Surgical Centers
  • 5.4 By Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 France
    • 5.4.2.4 Italy
    • 5.4.2.5 Spain
    • 5.4.2.6 Rest of Europe
    • 5.4.3 Asia-Pacific
    • 5.4.3.1 China
    • 5.4.3.2 Japan
    • 5.4.3.3 India
    • 5.4.3.4 Australia
    • 5.4.3.5 South Korea
    • 5.4.3.6 Rest of Asia-Pacific
    • 5.4.4 Middle East & Africa
    • 5.4.4.1 GCC
    • 5.4.4.2 South Africa
    • 5.4.4.3 Rest of Middle East & Africa
    • 5.4.5 South America
    • 5.4.5.1 Brazil
    • 5.4.5.2 Argentina
    • 5.4.5.3 Rest of South America

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 6.3.1 GE Healthcare
    • 6.3.2 Koninklijke Philips NV
    • 6.3.3 Drägerwerk AG & Co. KGaA
    • 6.3.4 Atom Medical Corporation
    • 6.3.5 Natus Medical Incorporated
    • 6.3.6 Getinge AB
    • 6.3.7 Masimo Corporation
    • 6.3.8 Medtronic
    • 6.3.9 Vyaire Medical
    • 6.3.10 Phoenix Medical Systems Pvt. Ltd
    • 6.3.11 Fanem Ltda
    • 6.3.12 Fisher & Paykel Healthcare
    • 6.3.13 Siemens Healthineers
    • 6.3.14 Becton, Dickinson and Company
    • 6.3.15 Smiths Medical (ICU Medical)
    • 6.3.16 Hamilton Medical AG
    • 6.3.17 Mindray Bio-Medical Electronics
    • 6.3.18 Nihon Kohden Corporation
    • 6.3.19 Edwards Lifesciences
    • 6.3.20 Butterfly Network, Inc.

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-Need Assessment
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Global Neonatal And Prenatal Devices Market Report Scope

As per the scope of this 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 tiny babies. The Neonatal and Prenatal Devices Market is segmented by Product Type (Prenatal and Fetal Equipment, and Neonatal Equipment), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions, globally. The report offers the value (in USD million) for the above segments.

By Product Type Prenatal & Fetal Equipment Ultrasound & Ultrasonography Devices
Fetal Doppler
Fetal MRI
Fetal Heart Monitors
Fetal Pulse Oximeters
Other Prenatal & Fetal Equipment
Neonatal Equipment Incubators
Neonatal Monitoring Devices
Phototherapy Equipment
Respiratory Assistance & Monitoring Devices
Other Neonatal Care Equipment
By Technology Invasive Monitoring
Non-Invasive Monitoring
By End User Hospitals
Maternity & Specialty Clinics
Home & Remote Care Settings
Ambulatory Surgical Centers
By Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa GCC
South Africa
Rest of Middle East & Africa
South America Brazil
Argentina
Rest of South America
By Product Type
Prenatal & Fetal Equipment Ultrasound & Ultrasonography Devices
Fetal Doppler
Fetal MRI
Fetal Heart Monitors
Fetal Pulse Oximeters
Other Prenatal & Fetal Equipment
Neonatal Equipment Incubators
Neonatal Monitoring Devices
Phototherapy Equipment
Respiratory Assistance & Monitoring Devices
Other Neonatal Care Equipment
By Technology
Invasive Monitoring
Non-Invasive Monitoring
By End User
Hospitals
Maternity & Specialty Clinics
Home & Remote Care Settings
Ambulatory Surgical Centers
By Geography
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa GCC
South Africa
Rest of Middle East & Africa
South America Brazil
Argentina
Rest of South America
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Key Questions Answered in the Report

What is the current value of the neonatal and prenatal devices market?

The market was valued at USD 8.36 billion in 2025 and is forecast to reach USD 11.49 billion by 2030.

Which product segment is growing fastest?

Neonatal equipment is expanding at a 9.93% CAGR thanks to portable incubators and AI-driven respiratory monitors.

How significant is non-invasive monitoring in this market?

Non-invasive platforms held 52.16% of 2024 revenue and are projected to grow 7.60% yearly as hospitals prioritize infection-free data capture.

Why is Asia-Pacific seen as the key growth region?

Large-scale NICU investment in China and India plus supportive manufacturing incentives push the region toward a 9.08% CAGR through 2030.

How are home-based devices impacting market dynamics?

Remote monitoring reduces hospital length of stay and is expected to post the fastest end-user CAGR at 8.72%, shifting revenue toward consumer-facing platforms.

Page last updated on: June 25, 2025

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