Neonatal Infant Care Market

Global Market Study on Neonatal Infant Care Equipment: Increasing Prevalence of Preterm Births across Regions Heightening Demand

Neonatal Infant Care Market Segmented by Radiant Warmers, Neonatal Incubators, Neonatal Cooling Systems as Thermoregulation Devices and LED Phototherapy Units, CFL Phototherapy Units, Phototherapy Eye Masks as Phototherapy Devices and Neonatal Ventilation, Brain Monitoring, Blood Gas Monitoring Systems, Hearing Screening, Vision Screening

  • March-2021
  • PMRREP4157
  • 301 Pages
  • Healthcare

About the Report

Preterm newborns are more susceptible to various complications such as hypothermia due to heat loss, reduced fat and glycogen. According to the World Health Organization (WHO), ever year, around 15 million babies are born early, among which, around 1 million deaths occur due to preterm complications. Monitoring neonates is one of the most difficult tasks. Introducing various advanced neonatal infant care equipment has remained key to manage complications associated with neonatal health. Manufacturers are highly investing to meet the rising demand for neonatal infant care equipment, especially thermoregulation devices. Advancements and growing awareness about pregnancy complications and maternal-neonatal health have raised the need for better neonatal care.

In its latest edition, Persistence Market Research offers insights about key factors driving demand for neonatal care equipment. After the unprecedented events of 2020, it has become important to capture the impact of COVID-19 and recalibrate our findings with the actual market scenario. The report tracks global sales of neonatal infant care equipment in over 20+ high-growth markets, along with an analysis of the impact COVID-19 had on the medical device industry in general, and neonatal infant care equipment space in particular.

Find Out More about the Report Coverage


  • GE Healthcare
  • Koninklijke Philips N.V
  • Medtronic
  • Drägerwerk AG & Co. KGaA
  • Natus Medical Incorporated
  • Fisher & Paykel Healthcare Limited
  • Masimo Corporation
  • Becton, Dickinson and Company
  • Phoenix Medical Systems (P) Ltd.
  • EDAN
  • Pluss Advanced Technologies
  • Natus Medical
  • Novos Medical Systems
  • Inspiration Healthcare Group
  • Mead Johnson & Company, LLC

Historical Vs Future Market Outlook

Rising prevalence of hypothermia preterm births represent a major health concern, and have been reported by the World Health Organization as one of the leading causes of mortality and morbidity in neonates. Common causes of preterm birth include infections, chronic conditions such as high blood pressure and diabetes, and multiple pregnancies; however, often no cause is identified. There could also be a genetic influence. A better understanding of the causes and mechanisms will advance the development of solutions to prevent preterm birth. Thus, growing preterm births and increasing concerns for their survival have surged demand for neonatal infant care equipment to manage the complications associated with preterm births.

For instance, according to the Oxford Academic Journal study, from August 2018 to March 2019, among 1,120 enrolled neonates, around 74%-77% were suffering from hypothermia after birth.

According to the Persistence Market Research analysis, the global neonatal infant care equipment market is expected to expand at 6.5% CAGR through 2030.

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How has COVID19 impacted the sales of neonatal infant care equipment?

According to the ADC Fetal & Neonatal Journal study, it was observed that, there were significant reductions in neonatal intensive care unit (NICU) admissions and neonatal resuscitations during the COVID-19 outbreak. Preterm births before 34 gestational weeks along with decrease in intensive neonatal care volume exhibited significant reduction, which, in turn, had a significant impact on the sales of neonatal infant care equipment. Along, with reduction in NICU admissions, disruption in the supply chain and lack of resources also significantly impacted the market. Government as well as manufacturer support to tackle the pandemic outbreak has had a great contribution in fighting the COVID 19 crisis.

For instance, in July 2020, Nihon Kohden Corporation collaborated with TPS (Toyota Product System) Support Team to accelerate its production of ventilators and patient monitors to meet increased demand due to the COVID-19 outbreak, based on the request from the Japanese government

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What is the future demand scenario for neonatal infant care equipment?

Demand for neonatal infant care equipment has been exponentially rising, owing to rising preterm births, associated with increasing complications and growing demand for advanced jaundice management products. Rising pregnancy complications such as infections, pre-eclampsia, and fetal growth restriction, corresponding efforts to increase the survival rates of neonates as well as mothers, and growing advancements in the field of neonatal infant care are prime factors driving the sales of neonatal infant care equipment worldwide.

However, studies to innovate advanced technologies along with improvements in older equipment technology would offer lucrative opportunities for neonatal infant care equipment manufacturers across various geographies. All these factors are expected to create increased opportunities for the expansion of the neonatal infant care equipment market size over the forecast period of 2020 to 2030.

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What are the factors driving the sales of neonatal infant care equipment?

Increasing number of premature births and rising prevalence of neonatal jaundice across geographies are major factors that are expected to surge demand for neonatal infant care equipment worldwide. Rapid advancements in technology are expected to favor companies in launching blue spectrum radiation source and user-friendly control panel phototherapy devices, e.g., MTTS Firefly. Companies are more focused on developing LED (Light Emitting Diode) sources of radiation for low power consumption and optimum radiation intensity control. Increasing investments by regional governments as well as leading manufacturers in several developing countries is one of the driving factor for market growth. For instance, MTTS Asia joined Business Call to Action (BCtA) in March 2019, to deliver neonatal treatment in 10 African countries to around 495,000 low-income patients, providing the delivery of medical equipment to almost 200 hospitals. 

Why is R&D key to market consolidation?

With companies around the world increasingly focusing on research initiatives, expansion is on the card. Monitoring neonates is one of the difficult tasks that can raise complications during their transportability, temperature maintenance, or due to positioning, due to external disturbances. Research efforts to develop advanced technological devices have remained important for manufacturers. For instance, Natus Medical Incorporated developed an automated brain monitoring system that would help detect seizures in neonates, and monitor them in a very short time. “Cerebral Function Monitoring (CFM) Olympic Brainz Monitor” is a commercially available touchscreen, automated brain monitoring system that allows real-time cerebral function monitoring with feasibility to be transported across locations.


Country-wise Insights

How big is the opportunity in the U.S.?

Persistence Market Research has projected North America to remain as one of the most lucrative markets throughout the forecast period, with the U.S. leading the region. High healthcare spending is one of the key factors supporting the expansion of the market in the region. According to preliminary forecasts by the Centre of Medicare and Medical Services (CMS) Office of the Actuary, overall healthcare spending in the United States is expected to increase by 5.4% between 2019 and 2028, outpacing the country’s GDP by 4.3%.

The U.S. remains one of the largest markets for neonatal infant care equipment, globally, and is expected to generate high revenue over the coming years. For instance, according to Select USA, the medical devices market in the U.S. accounted for 40% of the global market in 2017, and is expected to reach US$ 203 billion by 2023. Moreover, as per CMS, retail spending for durable medical equipment mounted to US$ 54.4 billion in 2017. It is anticipated to increase over the coming years, which is indicative of remarkable scope for expansion, and offers lucrative opportunities to neonatal infant care equipment manufacturers.

Favorable healthcare policies coupled with high per capita healthcare spending have created a conducive environment for the adoption of neonatal infant care equipment in the U.S. Also, the presence of leading players such as GE Healthcare, Becton, Dickinson and Company, Natus Medical Inc. are contributing to market growth in the country. Strategies undertaken by these companies include product launches and expansions, which will continue aiding overall expansion in the U.S.

What sales opportunities will the U.K. offer?

Adoption of neonatal infant care equipment is expected to rise considerably across hospitals and healthcare facilities in the U.K. According to Persistence Market Research  analysis, Europe is identified as the second-leading market, a position it is likely to hold on to through the forecast period.

According to the National Institute for Health and Care Excellence Statistics, preterm birth is the major cause of neonatal mortality and morbidity in the U.K. Preterm babies require special attention and care in an NICU, owing to which, demand for neonatal devices is increasing, which is expected to act as a key driving force for the U.K. neonatal infant care equipment market. Increasing government support is also aiding market growth in the country. Inspiration Healthcare Group plc announced a supply of vital ventilators to NHS, which have been delivered to Thales through the U.K. government; the company is aiming to expand its product portfolio in other regions and generate high revenue through this deal that was carried out in May 2020.

How is innovation driving the German medical devices market?

As per the Federal Statistical Office, healthcare spending in Germany accounted for 11.7% of the GDP in 2018, which increased by 4% from 2017. Furthermore, the country’s health expenditure was expected to account around 407.4 billion Euros by 2019, offering lucrative opportunities for the expansion of neonatal infant care equipment manufacturers in the country.

Also, the presence of leading companies such as Drägerwerk AG & Co. KGaA. has been contributing to expansion in Germany. The company introduced a number of new products, including the ICU ventilators and anesthesia workstations at the Arab Health 2020 held in Dubai, UAE. Besides this, the company has been actively investing to strengthen its product portfolio and expand its sales footprints, worldwide. Growth strategies adopted by such companies are expected to aid market expansion in Germany.

Since 2009, health insurance has been made mandatory for all citizens of the country. According to NCBI, around 70 million people, roughly around 85% of the population, are covered by statutory health insurance, while another 11% of the German population has adopted substitutive private health insurance.

Will growing preterm births in India surge demand for neonatal infant care equipment?

Although North America and Europe are expected to continue leading the neonatal infant care equipment market, growth in South Asia is expected to come to pass at an accelerated pace. According to the World Health Organization, more than 60% of preterm births occur in South Asia and Africa. The rate of preterm births in low-income countries was found to be around 12%, with 9% in higher income countries. India was listed to account for around 3,519,100 preterm births in 2018.

According to the Persistence Market Research report, India generated the highest revenue share among other countries in South Asia, and will lead the South Asian market over the coming years.

Category-wise Insights

What’s the market share of thermoregulation devices?

Thermoregulation devices, including radiant warmers, neonatal incubators, and neonatal cooling systems are most widely used. According to the report, the thermoregulation devices segment is expected to hold half of the share of the global market over the forecast period (2020-2030). Maintaining a neutral thermal environment (NTE) and preventing heat loss for neonates and infants is a crucial role. Neonates suffering from persistent cold stress or hypothermia need a thermostable environment to maintain body temperature. Thus, rising incidence of hypothermia has surged demand for thermoregulation devices. As per WHO, hypothermia is recognized as a significant contributor to neonatal morbidity and mortality for all newborn infants.

Opportunities Abound for Neonatal Infant Care Equipment Manufacturers

According to Persistence Market Research, demand for neonatal infant care equipment will only increase with rising preterm birth complications. Technological advancements in neonatal care will provide lucrative opportunities for neonatal infant care equipment companies over the coming years. Currently, there are several options for neonatal infant care equipment. Technological advancements along with modifications and automations in medical devices would increase demand for neonatal infant care equipment across various geographies. For instance, technological improvements in closed incubator systems, such as the introduction of double-walled systems, are also driving sales.

Furthermore, increasing healthcare spending in emerging economies is expected to offer opportunities for emerging manufacturers. Major manufacturers and emerging players of neonatal equipment are shifting focus toward developing countries such as China, India, South Africa, and others. Increasing healthcare infrastructure and high birth rates in these emerging economies would provide better opportunities to manufacturers and marketers. African countries have a major premature newborn population, where such preterm births are at their peak.

Competitive Landscape

Companies manufacturing neonatal infant care equipment are aiming at strategic collaborations with hospitals, clinics, and emerging key players to address the requirements of an expanding patient pool. For instance, in January 2021, Drägerwerk AG & Co. KGaA and Breas Medical entered into a strategic agreement to offer mechanical ventilator technologies to skilled nursing facilities (SNF) and long-term acute care (LTAC) in the U.S.

Growing focus of manufacturers on distribution network improvement through strategic alliances will enhance the distribution network of companies in respective regions. Also, companies are entering into strategic collaborations and acquisitions to expand their sales footprints, worldwide.

For instance, in June 2020, Inspiration Healthcare Group plc acquired SLE, a provider of ventilator products based in Cryodon. This acquisition aims to increase revenue and optimize the company’s manufacturing capability, to allow it to expand its distribution network in the Middle East and Asia Pacific.

Meanwhile, in February 2019, Phoenix launched a new infant care phototherapy product “Nymphaea”, a portable device suitable for preterm babies, and used in conjunction with any warmer, bassinet, and incubator.

Some of the leading companies operating in the market are:

  • GE Healthcare
  • Koninklijke Philips N.V
  • Medtronic plc
  • Drägerwerk AG & Co. KGaA
  • Natus Medical Incorporated
  • Fisher & Paykel Healthcare Limited
  • Masimo Corporation
  • Becton, Dickinson and Company
  • Phoenix Medical Systems (P) Ltd.
  • EDAN
  • Pluss Advanced Technologies
  • Natus Medical
  • Novos Medical Systems
  • Inspiration Healthcare Group
  • Mead Johnson & Company, LLC

*The list is not exhaustive, and only for representational purposes. Full competitive intelligence with SWOT analysis available in the report.

Scope of Report



Forecast Period


Historical Data Available for


Market Analysis

USD Million for value and Units for Volume

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

Key Countries Covered

  • US
  • Canada
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • China
  • Japan
  • South Korea
  • India
  • Thailand
  • Malaysia
  • Indonesia
  • Australia
  • New Zealand
  • GCC Countries
  • Turkey
  • South Africa

Key Segments Covered

  • Product
  •  End User
  • Region

Key Companies Profiled

  • GE Healthcare
  • Koninklijke Philips N.V
  • Medtronic plc
  • Drägerwerk AG & Co. KGaA
  • Natus Medical Incorporated
  • Fisher & Paykel Healthcare Limited
  • Masimo Corporation
  • Becton, Dickinson and Company
  • Phoenix Medical Systems (P) Ltd.
  • EDAN
  • Pluss Advanced Technologies
  • Natus Medical
  • Novos Medical Systems
  • Inspiration Healthcare Group
  • Mead Johnson & Company, LLC

Report Coverage

  • Market Forecast
  • competition intelligence
  • DROT analysis
  • Market Dynamics and Challenges
  • Strategic Growth Initiatives

Customization & Pricing

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Market by Category


  • Thermoregulation Devices
    • Radiant Warmers
    • Neonatal Incubators
    • Neonatal Cooling Systems
  • Phototherapy Devices
    • LED Phototherapy Units
    • CFL Phototherapy Units
    • Phototherapy Eye Masks
  • Monitoring Systems
    • Neonatal Ventilation
    • Brain Monitoring
    • Blood Gas Monitoring Systems
  • Hearing Screening
  • Vision Screening

End User

  • Hospitals
  • Paediatric & Neonatal Clinics
  • Nursing Homes


  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa (MEA)

Key Questions Answered in Report

Q1. What are the emerging trends in the global neonatal infant care equipment market?

Growing shift toward technological advancements, rising awareness about neonatal care, and improving healthcare infrastructure will augment market growth. Growing mergers and acquisitions between leading key players will offer lucrative opportunities over the coming years.

Q2. Which devices account for the highest market share?

Radiant warmers have gained popularity and account for the highest share in the neonatal infant care equipment landscape, owing to advancements and comfort aspect for neonates.

Q3. Which end user is driving revenue for neonatal infant care equipment providers?

Hospitals accounted for the highest share in the global neonatal equipment market, due to the presence of latest and technologically-advanced equipment to improve patient care and availability of highly skilled professionals.

Q4. What are the restraining factors for the market?

Low rate or flat birth rates, lack of product differentiation in developing countries, and high price are prime factors that are expected to hamper neonatal infant care equipment sales growth.

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Is this research conducted by Persistence Market Research?

Yes, the research has been conducted by expert analysts of Persistence Market Research, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.

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