NEONATAL INFANT CARE EQUIPMENT MARKET ANALYSIS

Neonatal Infant Care Equipment MarketSize and Trends

The global neonatal infant care equipment market  is estimated to be valued at US$ 2,610.2 million in 2023 and is expected to exhibit a CAGR of 5.4% during the forecast period (2023-2030).

Global Neonatal Infant Care Equipment Market  Segmentation:

The global Neonatal Infant Care Equipment Market  report is segmented into by product type, by end user and by region.

By Product Type, the market is segmented into thermoregulation devices (radiant warmers, neonatal incubators, and neonatal cooling systems), phototherapy equipment (LED phototherapy unit, CFL phototherapy unit, and phototherapy eye mask), neonates neonatal monitoring systems (neonatal ventilation, brain monitoring, and blood gas monitoring system), hearing screening, and vision screening. Out of which, thermoregulation devices  segment is expected to hold a dominant position in the global neonatal infant care equipment market during the forecast period, owing to technological advancements in the field of neonatal infant care equipments

By End User, the market is segmented into hospitals, pediatric and neonatal clinics, and nursing homes. Out of which, the pediatric and neonatal clinics segment  is expected to dominate the market over the forecast period, owing to increasing preterm births

Among all the segmentations, the product type segment has the highest potential due to increasing advancements in neonatal infant care equipments over the forecast period.

Global Neonatal Infant Care Equipment Market:

Figure 1. Global Neonatal Infant Care Equipment Market  Share (%), By Product Type, 2023

Figure 2. Global Neonatal Infant Care Equipment Market  Value (US$ Million), By Region, 2023

Market- Trends

Market- Trends