Neonatal (Preterm) Infant Care Market was valued at USD 3.5 Billion in 2022 and is projected to reach USD 5.8 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The neonatal (preterm) infant care market was valued at approximately $9.5 billion in 2022 and is projected to reach around $12.8 billion by 2027. This growth reflects a compound annual growth rate (CAGR) of about 6.1% during this period. The market expansion is driven by increasing rates of preterm births globally, heightened awareness regarding neonatal care, and advancements in medical technologies. The growing demand for neonatal intensive care units (NICUs) and innovative products for preterm infant care, such as specialized incubators, respiratory support systems, and nutrition supplements, are significant factors contributing to this upward trend.Emerging markets present notable opportunities for growth in the neonatal (preterm) infant care sector. Developing regions are witnessing a rise in healthcare investments and improvements in neonatal care infrastructure. In particular, countries in Asia-Pacific and Latin America are expected to exhibit substantial market potential due to rising birth rates, increasing healthcare expenditure, and an expanding middle-class population with greater access to healthcare services. Additionally, technological advancements and the proliferation of telemedicine are anticipated to enhance care delivery in these emerging markets, further fueling the market’s growth.
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Abbott Nutrition
Analogic
Atom Medical
Arjohuntleigh
Carefusion
Cas Medical Systems
CHOP
Children's National
Covidien
Draeger
Fphcare
Ge Healthcare
Hamilton Medical
KC Biomedix
Masimo
Mead Johnson Nutrition
Medela
Medix
Nestle Nutrition
Newyork-Presbyterian
Nihon Kohden
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Neonatal (Preterm) Infant Care Market
Therapy & Monitoring Services
Diagnosis
Based on Types the Market is categorized into Below types that held the largest Neonatal (Preterm) Infant Care market share In 2023.
Delivery Systems
Bili Lights
Respiratory Assistance Devices
Thermal Control Equipments
Monitoring Devices
Diagnostic Equipment
Pre Term Infant Formula
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Neonatal (Preterm) Infant Care Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Neonatal (Preterm) Infant Care Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Neonatal (Preterm) Infant Care Market, By Type
6. Global Neonatal (Preterm) Infant Care Market, By Application
7. Global Neonatal (Preterm) Infant Care Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Neonatal (Preterm) Infant Care Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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