Home > Healthcare & Medical Devices > Fetal and Neonatal Care Equipment Market

Fetal and Neonatal Care Equipment Market Size, Share and Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2023 – 2032

  • Report ID: GMI2731

Fetal and Neonatal Care Equipment Market size is projected to grow at a noticeable CAGR from 2023 to 2032. The number of fetal deaths due to health complications during pregnancy is increasing at a worrying rate across the world.

According to the National Center for Health Statistics by the Centers for Disease Control and Prevention, in 2021, the total fetal mortality rate in the United States was 5.68 deaths for every 1,000 live births and fetal deaths, calculated among fetuses at the gestation of 20 weeks or more.

Fetal and neonatal care devices are witnessing technological upgrades to help medical experts like OBGYNs accurately detect any suspicious health issues in the fetus. Cutting-edge facilities, such as smart warming mattresses, innovative incubators, and many others, are being extensively used for premature babies to promote their early expansion and mitigate health complications.

A great example of the developments taking place in the field of neonatal care is the UK-based video messaging service vCreate, which is helping people stay virtually connected with their babies. The COVID-19 pandemic has heightened separation anxiety among new parents who are unable to meet their babies receiving neonatal care. NHS-approved vCreate assists the hospital staff in sending regular photos and videos of the child’s progress and response to medical treatments. Such innovations will positively impact the use of fetal and neonatal care devices.

Since the immune system of newborn babies is low, they are at a high risk of contracting several airborne and parental infections. These factors have augmented the need for innovative fetal and neonatal care equipment. With advancements in healthcare, it is now highly possible to save newborns from falling prey to deadly infections and provide them with a good quality of life.

In contrast, the stringent regulatory framework pertaining to the approval of new medical devices, in tandem with the high costs associated with advanced neonatal care equipment, may limit the sales of fetal and neonatal care equipment in the forthcoming years.

Based on type, the fetal and neonatal care equipment market from fetal care equipment segment will gain significant popularity among end-users in the healthcare sector by 2032, as external factors, such as increased pollution levels and unhealthy lifestyle habits, are severely impacting the baby’s growth and development. According to the CDC, the fetal mortality rate was higher in women who smoked during their pregnancy. These scenarios have created the need for innovations in fetal care equipment that can enable doctors to effortlessly monitor and report any inconsistencies in the fetus’ health to the medical staff. One of the main benefits of using high-quality fetal care equipment is that it can save a baby’s life with the help of prompt medical attention, thereby increasing its demand.

Regarding end-user, the fetal and neonatal care equipment market share from the hospitals segment is anticipated to garner appreciable by 2032. Factors contributing to the segment progression are the availability of skilled medical professionals and cutting-edge equipment across hospital establishments. Furthermore, high patient volumes and an increasing number of hospitals incorporating NICUs as part of their infrastructure will propel segment progress over the next ten years.

U.S. fetal and neonatal care equipment market will register a notable CAGR by 2032. The healthcare sector in the country is among the most advanced and innovative in the world and is constantly evolving. The government is increasing its investments and approval rate to offer as many neonatal and fetal care treatment options as possible to new mothers. Such initiatives will boost the U.S. fetal (labor & delivery) and neonatal care equipment industry forecast.

Well-known organizations, including Fisher & Paykel Healthcare, Atom Medical Corporation, Drägerwerk, Becton, Dickinson and Company, Phoenix Medical Systems, Natus Medical, GE Healthcare, Medtronic, Masimo, and Philips Healthcare (Koninklijke Philips N.V.), among many others, are producing high-end fetal and neonatal care equipment market.

What Information does this report contain?

Historical data coverage: 2018 to 2022; Growth Projections: 2023 to 2032.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

Buy Now

Access to only 1 person; cannot be shared; cannot be printed

Access for 2 to 5 users only within same department of one company

Access to a company wide audience; includes subsidiary companies or other companies within a group of companies

Budget constraints? Get in touch with us for special pricing

Request Discount

Our Market Research Reports Include:

  • Market snapshot
  • Market Segmentation
  • Value Chain Analysis
  • Growth Dynamics
  • Potential Market Opportunities
  • Regulatory Overview
  • Technology Evolution
  • Innovation & Sustainability

Buy Now

Access to only 1 person; cannot be shared; cannot be printed

Access for 2 to 5 users only within same department of one company

Access to a company wide audience; includes subsidiary companies or other companies within a group of companies