Neonatal Infant Care Market - By Product Type, By End Use - Global Forecast, 2025 - 2034

Neonatal Infant Care Market Size

The global neonatal infant care market was estimated at USD 2.8 billion in 2024. The market is expected to grow from USD 3 billion in 2025 to USD 5.3 billion in 2034, at a CAGR of 6.4% during the forecast period, according to the latest report published by Global Market Insights Inc.
 

The neonatal infant care market is driven by the increasing number of installations for NICU units, growing government investments in maternal and child health programs, rising incidence of premature birth rate, and technological advancements in neonatal infant care devices, among other factors.
 

Rising awareness about neonatal mortality and healthcare standards, the development of portable and non-invasive neonatal care solutions, and growing healthcare expenditure in emerging economies are among the key factors propelling the industry demand. GE HealthCare, Dräger, PHILIPS, Medtronic, and Natus are among the leading players operating in the market. These players mainly focus on geographic expansion, collaboration with local or regional healthcare providers, innovation and integration of advanced technologies in devices, among others.
 

The market has increased from USD 2.4 billion in 2021 and reached USD 2.7 billion in 2023, with the historic growth rate of 5.2%. There is an increase in preterm delivery due to maternal health issues, infection, and access to prenatal care. For instance, according to the data reported by the World Health Organization (WHO), around 152 million preterm babies were born in the last decade (between 2010 and 2020), and there is not much change in this aspect in any region across the world. This translates into demand for neonatal care products (e.g., incubators and ventilators) to improve the morbidity and mortality rate of neonates. Significant emphasis is being placed by governments and health systems on expanding capacity for neonatal intensive care units to improve access for increasing numbers of newborns. Furthermore, international public health organizations are supporting programs and initiatives focused on improving neonatal mortality, which also contributes to the increasing utilization rate of neonatal care devices globally.
 

Hospitals across the globe are investing in expanding their neonatal intensive care units (NICUs) in response to an increase in premature and low-birth-weight infants. This is attributed to the growing focus of governments on the availability of better standards in neonatal care, as well as advancements in healthcare infrastructure. For example, the number of newborns receiving care in the NICUs increased to 18.3% in 2021 from 17% in 2017 in the U.S.
 

Thus, there has been an increase in the number of NICU beds in the U.S. in the last few years. NICUs require a number of advanced equipment, such as incubators, phototherapy units, and respiratory support devices, which signifies notable demand in the market. Thus, the ongoing expansion of NICUs is expected to not only drive equipment sales but also generate recurrent revenue through maintenance and consumables throughout the analysis period, supporting further market growth.
 

Globally, governments are investing significantly through their increased budgets to support maternal and child health programs and decrease the rates of infant mortality. Maternal and child health programs frequently receive funding for establishing NICUs, acquiring modern neonatal care technology and devices, and training healthcare professionals. Public health campaigns have increased awareness about the need for early intervention for preterm infants, leading to greater adoption of neonatal technology and devices.
 

Subsidies to hospitals and reimbursement policies have improved the opportunity for hospitals to invest in new technology. In some emerging economies, international collaboration and grant funding are expanding the access to care for neonatal devices, fueling the market growth.
 

Neonatal infant care is a term for medical treatment specifically provided to newborn infants, especially those that are born premature or facing health issues, to provide monitoring, treatment, and support to ensure survival and healthy development.
 

Neonatal Infant Care Market Trends

A shift toward noninvasive care solutions, adoption of AI and IoT in neonatal monitoring, sustainability and eco-friendly device development, and expansion of home based neonatal care are among the key trends propelling the market growth.
 

• The introduction of AI-powered analytics and IoT-enabled devices improves patient care for newborns by improving real-time monitoring, allowing predictive alerts, and enabling remote access. These innovative strategies enhance clinical decision-making, minimize human error, and improve outcomes, thereby pushing the emergence of smart NICUs and their popularity around the world.
   
• Additionally, healthcare providers are witnessing increased adoption of non-invasive respiratory support systems, phototherapy units, and monitoring devices to provide improved outcomes while minimizing discomfort and complications for newborns. This shift not only favors the safety of the infant population but also promotes the pace of recovery and is a key driver for neonatal technologies.
   
• Further, mobile incubators, remote monitoring systems, and telehealth platforms enable newborn care at home. This trend substantially brings down the cost of hospital care, improves convenience for families, and creates new revenue opportunities for manufacturers targeting home healthcare markets.
   
• Moreover, manufacturers are prioritizing energy-efficient, recyclable, and low-emission newborn care devices to meet global sustainability objectives. This trend aligns with major hospitals green healthcare initiatives and also provides product differentiation.
   

Neonatal Infant Care Market Analysis

In 2021, the market was valued at USD 2.4 billion and grew to USD 2.6 billion in 2022, reaching USD 2.7 billion by 2023. Integration of telehealth and remote monitoring in neonatal care and innovations in neonatal imaging and diagnostic technologies are among the key variables contributing to industry growth.
 

Based on product type, the global neonatal infant care market is segmented into thermoregulation devices, phototherapy devices, monitoring systems, neonatal infant resuscitator devices, neonatal hearing screening, vision screening, and other product types. The thermoregulation devices segment accounted for a leading share of 25.2% in 2024. Growing government investments in maternal and child health programs is anticipated to fuel the segmental growth. The segment is expected to exceed USD 1.2 billion by 2034, growing at a CAGR of 5.5% during the forecast period.
 

• Thermoregulation technology, including incubators and radiant warmers, helps to maintain infants at an optimal body temperature, specifically for premature and low-birth-weight newborns. These devices provide a stable environment to prevent hypothermia and related morbidities.
   
• Advanced incubators contain fully automated temperature regulation, humidification, and built-in physiological monitors, enabling caregivers to maintain safe and optimal temperatures while minimizing human intervention, physiological stability, and reducing neonatal mortality rates.
   
• Additionally, incubator and warmer use is expected to continue to rise with the increase in incidence of prematurity and expansion of NICU services worldwide.
   
• The phototherapy devices segment was valued at USD 548 million in 2024. Phototherapy devices treat neonates with jaundice using specific wavelengths of light to help break down excess bilirubin in the infant’s blood. Newer systems incorporate LED-based technology to provide energy-efficient delivery of light and reduce side effects. Compact and portable designs are increasingly utilized for home care, improving access and convenience for infants and families.
   
• Further, the growing awareness of jaundice treatment and technology improvements are resulting in a strong demand for phototherapy devices, which are becoming standard in neonatal treatment worldwide.
   
• The monitoring systems segment was valued at USD 451.1 million in 2024. Neonatal monitoring systems can track critical parameters such as heart rate, oxygen saturation, and respiratory measurements that can lead to early detection of complications. These systems enable continuous monitoring of critically ill patients in both the neonatal intensive care unit (NICU) and the delivery room.
   
• Furthermore, the implementation of the Internet of Things (IoT) and Artificial Intelligence (AI) helps with functions such as real-time data sharing, predictive analytics, and remote monitoring for improved clinical decision-making and reduced mortality risk.
   
• Moreover, the neonatal infant resuscitator devices segment was valued at USD 395 million in 2024. Resuscitator devices are respiratory support methods used for newborns that are unable to properly breathe at birth and can be classified as either manual or automated.
   
• Newer models have added features such as accurate pressure control, portability, and ease of use, offering healthcare providers a practical and effective method of delivering breath for newborns in delivery rooms or during emergencies.
   

Based on end use, the neonatal infant care market is segmented into hospitals, pediatric & neonatal clinics, and nursing homes. The hospitals segment accounted for the leading market share of 39.8% in 2024 due to rise in target patient population and supportive funding for enhancing medical infrastructure.
 

• Hospitals are the primary end-users of neonatal care devices, owing to the availability of advanced infrastructure and specialized NICUs. They treat a high volume of premature and critical newborns and consistently require comprehensive solutions that include incubators, ventilators, and other monitoring systems.
   
• Hospitals focus on continuous upgrades in response to government funding, as well as the growing patient inflow that drives the adoption of technology. In addition, these settings are also a primary center for neonatal care research and education, which further drives hospitals role in pushing the neonatology care market growth. These facilities are opting for integrated, high-performance devices that are expected to support the product demand during the analysis period.
   
• Additionally, the pediatric & neonatal clinics segment was valued at USD 919.8 million in 2024. Pediatrics and neonatal clinics offer specialized services for newborns, offering targeted therapies and outpatient follow-up services. These clinics frequently utilize compact and portable neonatal devices for outpatient service and short-term management.
   
• Further, increased demand for personalized and preventive care has pushed clinics to implement advanced monitoring systems as well as phototherapy units. Clinics play a critical role in filling gaps between hospital-based care and home-based neonatal care.
   
• On the other hand, the nursing homes segment is expected to record the highest growth with a CAGR of 7% over the forecast period. Nursing homes serve infants who require extended hospitalization for recovery or transitional care after their hospital discharge. These settings use non-invasive, portable equipment such as thermoregulation and monitoring technology to provide safety and comfort to infants moving to home for extended periods until they recover.
   
• Moreover, their growing role in neonatal rehabilitation and supportive care adds significant value to the overall market landscape.
   

North America Neonatal Infant Care Market

North America market accounted for majority share of 34.1% in 2024 in the global market and is anticipated to show notable growth over the forecast period.
 

• The region is witnessing high product demand owing to the presence of robust healthcare infrastructure, a growing target population, and a surge in infant health-related awareness, among other factors. This growth is supported by the presence of advanced NICUs in the U.S. and Canada coupled with rapid adoption and implementation of new technologies such as AI- and IoT-based devices.
   
• Additionally, government initiatives and supportive reimbursement policies for neonate treatment are among the key variables propelling the market growth. In addition, the rise in the number of preterm births and the growing investment in R&D are also expected to further push the demand for advanced thermoregulation, phototherapy, and monitoring systems.
   
• Further, the presence of leading manufacturers and strong regulatory environments helps to solidify innovation and patient access in the North America region.
   

The U.S. neonatal infant care market was valued at USD 751.6 million and USD 782.2 million in 2021 and 2022, respectively. In 2024 the market size was valued at USD 854.7 million from USD 816.8 million in 2023. The significant focus on infection prevention practices along with high hospitalization rate in the country is projected to fuel the market growth.
 

• The U.S. has a stronghold in the North American market because of the high healthcare expenditure and available NICU facilities in hospitals across the country. The increase in cases of premature births and complications of neonatal disorders is expected to fuel the market growth. For instance, according to the data reported by the Centers for Disease Control and Prevention (CDC), the NICU admission rates in the U.S. recorded a rise of around 13% from 2016 to 2023. The growing number of patients is pushing hospitals to invest in and adopt advanced technology, such as portable infant incubators and AI-based monitoring systems.
   
• In addition, increasing federal programs aimed at advancing maternal and child health care along with supportive clinical reimbursement policies is anticipated to further encourage hospitals to adopt advanced technology in NICU care. The recent trend toward home-based care and the integration of telehealth platforms may open new avenues to the industry players.
   
• Furthermore, many hospitals are closely working with technology providers to ensure best practices and education for upgrading technology, as well as improving neonatal care and outcomes.
   

Europe Neonatal Infant Care Market

Europe accounted for a significant share of the market and was valued at USD 842 million in 2024.
 

• Europe’s neonatal care market is growing at a steady pace, driven by strong regional healthcare systems and focused government-sponsored programs for the reduction of infant mortality in different countries. Many regional countries are investing in NICU expansions and towards the development of advanced neonatal devices.
   
• Additionally, technological innovations, such as non-invasive monitoring and energy-efficient phototherapy units, are widely adopted. The increasing awareness of neonatal health and the growing demand that contribute to sustainable medical options are expected to positively push the market growth further.
   
• Further, collaborative research initiatives and stringent regulatory frameworks ensure high-quality standards. The region also witnesses growing interest in home-based care solutions, supported by telemedicine advancements.
   

UK held significant share of the European neonatal infant care market, showcasing strong growth potential.
 

• The UK market is anticipated to continue to grow as the government is focusing on enhancing neonatal care and reducing complications from premature birth. The growing prevalence of premature birth is a key factor driving the product demand. For example, the percentage of premature live births in England and Wales recorded a rise from 7.5% in 2021 to 7.9% in 2022.
   
• In addition, hospitals and specialty units are upgrading NICUs with technology-enhanced thermoregulation and monitoring systems. The introduction of AI predictive analytics and IoT-connected devices continues to gain traction, improving real-time care and predictions for the future.
   
• Further, government public health campaigns and funding programs are supporting the increasing adoption of neonatal technology for widespread improvements in neonatal care. Increased focus on sustainability and energy-efficient devices aligns with national healthcare initiatives, opening opportunities for new product development and market entry.
   

Asia Pacific Neonatal Infant Care Market

The Asia Pacific market accounted for a substantial share of the market and was valued at USD 712.5 million in 2024.
 

• The Asia Pacific region is witnessing tremendous growth in neonatal care as a result of increased birth rates, a rising number of preterm deliveries, and changing healthcare infrastructures. Countries such as India and China are heavily investing in healthcare infrastructure, including NICU expansions, and are adopting advanced neonatal technologies.
   
• Surging awareness of infant health conditions and government-supported maternal care programs further fuel adoption trends. Demand for portable and affordable devices continues to grow based on the needs of rural and semi-urban areas.
   
• Further, new technological developments, in combination with telehealth, are expected to facilitate access to neonatal care. The region represents significant opportunities for manufacturers targeting expansion in emerging markets. 
   

China neonatal infant care market is estimated to grow with a robust CAGR in the Asia Pacific market.
 

• The neonatal care market in China is expected to record significant growth, propelled by government efforts to help improve maternal and child health, a rise in the number of overall birth rates, and favorable government policies. Rising preterm birth rates and urbanization have increased demand for NICU facilities and advanced neonatal devices.
   
• Hospitals are adopting smart monitoring systems and portable incubators to enhance care quality. Domestic manufacturers are working on affordable and innovative solutions, whereas international players are penetrating the market through partnerships and collaborations.
   
• Moreover, the use of telehealth solutions and home care models are among the key emerging trends fueled by digital healthcare platform uptake. Strong policy initiatives, coupled with the commitment and growth of healthcare investments, assure a strong pipeline for growth of neonate care in China.
   

Latin America Neonatal Infant Care Market

Brazil leads the Latin American market, exhibiting remarkable growth during the analysis period.
 

• Brazil is witnessing steady growth in neonatal care, driven by government programs aimed at reducing infant mortality and improving NICU availability. Public hospitals are upgrading facilities with advanced thermoregulation and phototherapy devices.
   
• Additionally, rising awareness of neonatal health and increasing private sector investments further boost the product adoption. Portable and affordable solutions are gaining traction in rural areas, addressing accessibility challenges.
   
• Further, telemedicine integration and partnerships with global manufacturers are enhancing care delivery. The country’s focus on maternal and child health policies ensures continued market expansion.   
   

Middle East and Africa Neonatal Infant Care Market

Saudi Arabia market to experience substantial growth in the Middle East and Africa market in 2024.
 

• Saudi Arabia’s neonatal care market is growing due to strong government investments in healthcare infrastructure and a growing patient population. Rising birth rates and increasing cases of premature deliveries drive demand for advanced neonatal devices.
   
• Hospitals are adopting modern incubators, monitoring systems, and phototherapy units to meet international care standards. The country’s Vision 2030 initiative emphasizes healthcare modernization, creating opportunities for technology-driven solutions.
   
• Further, growing collaborations with global manufacturers and the adoption of telehealth platforms further support market growth. In addition, high disposable income and improved healthcare access accelerate adoption.
   

Neonatal Infant Care Market Share

The neonatal infant care market is characterized by a competitive landscape including established international players as well as emerging market entrants, with a focus on developing novel technologies and affordable alternatives to existing products. Established players such as GE Healthcare, Philips, Medtronic and Natus medical among others have a significant industry presence through a wide range of product offerings in the market and an organized distribution network. Key players have developed extensive distribution and sales networks and established relationships with hospitals to gain and maintain market share.
 

Innovation is a key differentiator, with firms investing in AI-powered monitoring, IoT-enabled incubators, and portable devices for home-based care. The industry is also expected to witness increasing demand for environmental sustainability and energy-efficient designs that fuel the product development policies. Regional manufacturers have entered the neonatal market with affordable products to serve low-resource settings and increase the competition in pricing with established for-profit companies. Increased pricing competition is driving companies to collaborate through partnerships, mergers, and acquisitions to grab greater market share and technology capabilities while expanding overall geographical footprint.
 

Furthermore, growing demand in emerging economies is prompting global manufacturers to localize production and offer flexible pricing models. The competitive environment is expected to remain dynamic as technological innovation continues to evolve and global investment in healthcare increases rapidly within and outside the market.
 

Neonatal Infant Care Market Companies

 A few of the prominent players operating in the global neonatal infant care industry include:

• ATOM MEDICAL
• AVI Healthcare
• COBAMS
• DAVID
• Dräger
• Fanem Medical Devices
• Fisher & Paykel HEALTHCARE
• GE Healthcare
• INSPIRATION HEALTHCARE GROUP
• MASIMO
• Medtronic
• Natus Medical
• Novos Medical Systems
• PHILIPS
• PHOENIX
• PLUSS
   
• GE HealthCare

GE Healthcare focuses on innovation-driven growth by integrating AI and IoT into neonatal monitoring and respiratory care devices. It emphasizes partnerships with hospitals and governments to expand NICU infrastructure globally while maintaining strong after-sales service networks.
 

• PHILIPS

Philips leverages its expertise in connected healthcare solutions, prioritizing smart neonatal monitoring systems and telehealth integration. The company invests in sustainability and energy-efficient designs while expanding its presence in emerging markets through strategic collaborations and localized production.
 

• Dräger

Dräger emphasizes high-quality neonatal ventilation and monitoring systems, targeting hospitals with premium solutions. Its strategy includes sustainability initiatives, strong customer support, and collaborations with healthcare institutions to deliver integrated NICU solutions worldwide.
 

Neonatal Infant Care Industry News:

• In May 2025, Philips and March of Dimes announced a collaboration aimed at improving maternal health education through the Philips Avent Pregnancy+ app. Under the partnership, Philips will integrate essential March of Dimes content into the app to help improve health literacy and create awareness for topics such as preparing for a Neonatal Intensive Care Unit (NICU) stay, preterm birth, and vaccinations. This initiative is expected to improve the awareness regarding overall maternal and infant health.
   
• In October 2024, Dräger India announced the launch of the BabyRoo TN 300 open warmer. The product comes with state-of-the-art thermoregulation capabilities as well as advanced integrated technologies to support emergency resuscitation and family-centered care. This development enabled the company to improve its presence in the Indian market.
   
• In April 2022, healthcare-focused investment firm ArchiMed acquired Natus Medical Inc. for USD 1.2 billion. Natus Medical, a medical device manufacturer, became private after the acquisition. The company continues to invest in its diagnosis and monitoring of various disorders along with newborn-related diseases.
   

The global neonatal infant care market research report includes an in-depth coverage of the industry with estimates and forecasts in terms of revenue in (USD Million) from 2021 - 2034 for the following segments:

Market, By Product

• Thermoregulation devices
  • Neonatal incubators
  • Warmers
  • Neonatal cooling systems
• Phototherapy devices
  • LED phototherapy system
  • CFL phototherapy system
• Monitoring systems
  • Neonatal ventilation
  • Blood gas monitoring system
  • Brain monitoring
  • Other monitoring systems
• Neonatal infant resuscitator devices
• Neonatal hearing screening
• Vision screening
• Other product types

Market, By End Use

• Hospitals
• Pediatric & neonatal clinics
• Nursing homes

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Netherlands
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
• Latin America
  • Brazil
  • Mexico
  • Argentina
• MEA
  • South Africa
  • Saudi Arabia
  • UAE
  • Nigeria
  • Egypt