
Neonatal Intensive Care Respiratory Devices Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Description
Growth Factors of Neonatal Intensive Care Respiratory Devices Market
The neonatal intensive care respiratory devices market is experiencing significant growth, driven by advancements in medical technology, increasing preterm birth rates, and rising awareness about neonatal respiratory care. These devices play a crucial role in providing respiratory support to newborns with breathing difficulties, ensuring better survival rates and long-term health outcomes.
Market Overview
According to a report by Fortune Business Insights, the global neonatal intensive care respiratory devices market was valued at USD 1.94 billion in 2024 and is projected to reach USD 2.85 billion by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period from 2025 to 2032.
Similarly, other market analyses present varying projections. Verified Market Research estimates the market size at USD 13.72 billion in 2024, expecting it to reach USD 17.82 billion by 2032, growing at a CAGR of 3.66% from 2026 to 2032.
Market.us provides another perspective, estimating the market at USD 1,832 million in 2023, with expectations to reach USD 3,000 million by 2032, growing at a CAGR of 5.8% during the forecast period from 2024 to 2032.
Key Drivers of Market Growth
1. Increase in Preterm Births: The World Health Organization (WHO) reports that approximately 15 million babies are born prematurely each year, accounting for about 11% of all births worldwide. Premature infants often require respiratory support due to underdeveloped lungs, driving the demand for neonatal respiratory care devices.
2. Advancements in Medical Technology: Continuous innovations in medical technology have led to the development of more efficient and user-friendly respiratory devices. These advancements improve the quality of care and patient outcomes, further propelling market growth.
3. Rising Awareness and Healthcare Investments: Growing awareness about neonatal respiratory conditions and increased investments in healthcare infrastructure are contributing to the expansion of neonatal intensive care units (NICUs) and the adoption of advanced respiratory devices.
Market Segmentation
The neonatal intensive care respiratory devices market can be segmented based on product type, end-user, and region.
Product Type: The market includes various devices such as mechanical ventilators, continuous positive airway pressure (CPAP) devices, bubble CPAP systems, extracorporeal membrane oxygenation (ECMO) machines, and accessories like masks, nasal prong cannulas, and breathing circuits.
End-User: Hospitals, specialty clinics, and nursing homes are the primary end-users of neonatal respiratory care devices. The NICU hospitals segment is experiencing significant growth due to the increasing number of premature births.
Region: North America dominated the market with a market share of 44.74% in 2024, owing to its advanced healthcare infrastructure and high NICU admissions. The Asia-Pacific region is anticipated to witness the highest growth due to expanding healthcare expenditures and increasing NICU admissions.
Challenges and Opportunities
While the market is poised for growth, challenges such as high device costs and limited access to advanced healthcare facilities in low-income regions may hinder widespread adoption. However, opportunities exist in the form of public-private partnerships, government investments in healthcare infrastructure, and the development of affordable and portable respiratory devices.
Conclusion
The neonatal intensive care respiratory devices market is on a positive growth trajectory, driven by technological advancements, increasing preterm birth rates, and rising awareness about neonatal respiratory care. As healthcare infrastructure improves globally, the demand for these essential devices is expected to rise, leading to better outcomes for newborns requiring intensive respiratory support.
For more detailed insights and forecasts, you can refer to the full report by Fortune Business Insights: Neonatal Intensive Care Respiratory Devices Market.
ATTRIB UTE DETAILS
Study Period 2019-2032
Base Year 2024
Estimated Year 2025
Forecast Period 2021-2028
Historical Period 2024-2032
Unit Value (USD Million)
Segmentation
By Product Type
Devices
Mechanical Ventilators
Bubble CPAP Systems
Extracorporeal Membrane Oxygenation (ECMO)
Others
Accessories & Consumables
Nasal Prong Cannula
Masks
Resuscitators
Breathing Circuits
Others
By End User
Hospitals
Specialty Clinics
By Geography
North America
By Product Type
By End User
By Country
USA (By Product Type {Devices, and Consumables})
Canada (By Product Type {Devices, and Consumables})
Europe
By Product Type
By End User
By Country
UK (By Product Type {Devices, and Consumables})
Germany (By Product Type {Devices, and Consumables})
France (By Product Type {Devices, and Consumables})
Italy (By Product Type {Devices, and Consumables})
Spain (By Product Type {Devices, and Consumables})
Scandinavia (Product Type {Devices, and Consumables})
Rest of Europe (By Product Type {Devices, and Consumables})
Asia Pacific
By Product Type
By End User
By Country
Japan (By Product Type {Devices, and Consumables})
China (By Product Type {Devices, and Consumables})
India (By Product Type {Devices, and Consumables})
Australia (By Product Type {Devices, and Consumables})
Southeast Asia (By Product Type {Devices, and Consumables})
Rest of Asia Pacific (By Product Type {Devices, and Consumables})
Latin America
By Product Type
By End User
By Country
Brazil (By Product Type {Devices, and Consumables})
Mexico (By Product Type {Devices, and Consumables})
Rest of Latin America (By Product Type {Devices, and Consumables})
The Middle East & Africa
By Product Type
By End User
By Country
GCC (By Product Type {Devices, and Consumables})
South Africa (By Product Type {Devices, and Consumables})
Rest of the MEA (By Product Type {Devices, and Consumables})
Please Note:
It will take 5-6 business days to complete the report upon order confirmation.
The neonatal intensive care respiratory devices market is experiencing significant growth, driven by advancements in medical technology, increasing preterm birth rates, and rising awareness about neonatal respiratory care. These devices play a crucial role in providing respiratory support to newborns with breathing difficulties, ensuring better survival rates and long-term health outcomes.
Market Overview
According to a report by Fortune Business Insights, the global neonatal intensive care respiratory devices market was valued at USD 1.94 billion in 2024 and is projected to reach USD 2.85 billion by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period from 2025 to 2032.
Similarly, other market analyses present varying projections. Verified Market Research estimates the market size at USD 13.72 billion in 2024, expecting it to reach USD 17.82 billion by 2032, growing at a CAGR of 3.66% from 2026 to 2032.
Market.us provides another perspective, estimating the market at USD 1,832 million in 2023, with expectations to reach USD 3,000 million by 2032, growing at a CAGR of 5.8% during the forecast period from 2024 to 2032.
Key Drivers of Market Growth
1. Increase in Preterm Births: The World Health Organization (WHO) reports that approximately 15 million babies are born prematurely each year, accounting for about 11% of all births worldwide. Premature infants often require respiratory support due to underdeveloped lungs, driving the demand for neonatal respiratory care devices.
2. Advancements in Medical Technology: Continuous innovations in medical technology have led to the development of more efficient and user-friendly respiratory devices. These advancements improve the quality of care and patient outcomes, further propelling market growth.
3. Rising Awareness and Healthcare Investments: Growing awareness about neonatal respiratory conditions and increased investments in healthcare infrastructure are contributing to the expansion of neonatal intensive care units (NICUs) and the adoption of advanced respiratory devices.
Market Segmentation
The neonatal intensive care respiratory devices market can be segmented based on product type, end-user, and region.
Product Type: The market includes various devices such as mechanical ventilators, continuous positive airway pressure (CPAP) devices, bubble CPAP systems, extracorporeal membrane oxygenation (ECMO) machines, and accessories like masks, nasal prong cannulas, and breathing circuits.
End-User: Hospitals, specialty clinics, and nursing homes are the primary end-users of neonatal respiratory care devices. The NICU hospitals segment is experiencing significant growth due to the increasing number of premature births.
Region: North America dominated the market with a market share of 44.74% in 2024, owing to its advanced healthcare infrastructure and high NICU admissions. The Asia-Pacific region is anticipated to witness the highest growth due to expanding healthcare expenditures and increasing NICU admissions.
Challenges and Opportunities
While the market is poised for growth, challenges such as high device costs and limited access to advanced healthcare facilities in low-income regions may hinder widespread adoption. However, opportunities exist in the form of public-private partnerships, government investments in healthcare infrastructure, and the development of affordable and portable respiratory devices.
Conclusion
The neonatal intensive care respiratory devices market is on a positive growth trajectory, driven by technological advancements, increasing preterm birth rates, and rising awareness about neonatal respiratory care. As healthcare infrastructure improves globally, the demand for these essential devices is expected to rise, leading to better outcomes for newborns requiring intensive respiratory support.
For more detailed insights and forecasts, you can refer to the full report by Fortune Business Insights: Neonatal Intensive Care Respiratory Devices Market.
ATTRIB UTE DETAILS
Study Period 2019-2032
Base Year 2024
Estimated Year 2025
Forecast Period 2021-2028
Historical Period 2024-2032
Unit Value (USD Million)
Segmentation
By Product Type
Devices
Mechanical Ventilators
Bubble CPAP Systems
Extracorporeal Membrane Oxygenation (ECMO)
Others
Accessories & Consumables
Nasal Prong Cannula
Masks
Resuscitators
Breathing Circuits
Others
By End User
Hospitals
Specialty Clinics
By Geography
North America
By Product Type
By End User
By Country
USA (By Product Type {Devices, and Consumables})
Canada (By Product Type {Devices, and Consumables})
Europe
By Product Type
By End User
By Country
UK (By Product Type {Devices, and Consumables})
Germany (By Product Type {Devices, and Consumables})
France (By Product Type {Devices, and Consumables})
Italy (By Product Type {Devices, and Consumables})
Spain (By Product Type {Devices, and Consumables})
Scandinavia (Product Type {Devices, and Consumables})
Rest of Europe (By Product Type {Devices, and Consumables})
Asia Pacific
By Product Type
By End User
By Country
Japan (By Product Type {Devices, and Consumables})
China (By Product Type {Devices, and Consumables})
India (By Product Type {Devices, and Consumables})
Australia (By Product Type {Devices, and Consumables})
Southeast Asia (By Product Type {Devices, and Consumables})
Rest of Asia Pacific (By Product Type {Devices, and Consumables})
Latin America
By Product Type
By End User
By Country
Brazil (By Product Type {Devices, and Consumables})
Mexico (By Product Type {Devices, and Consumables})
Rest of Latin America (By Product Type {Devices, and Consumables})
The Middle East & Africa
By Product Type
By End User
By Country
GCC (By Product Type {Devices, and Consumables})
South Africa (By Product Type {Devices, and Consumables})
Rest of the MEA (By Product Type {Devices, and Consumables})
Please Note:
It will take 5-6 business days to complete the report upon order confirmation.
Table of Contents
140 Pages
- 1. Introduction
- 1.1. Market Scope
- 1.2. Market Segmentation
- 1.3. Market Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Prevalence of Key Respiratory Conditions in Neonates, Key Countries, 2024
- 4.2. Statistics, NICU Admissions, Key Countries
- 4.3. Recent Developments, Mergers, Acquisitions, New Product Launches, Etc.
- 4.4. Statistics: Number of NICU Beds, Key Countries,
- 4.5. Live Birth Statistics – Key Countries
- 4.6. Overview of Number of Preterm Births - By Key Countries/ Region
- 4.7. Incidences of Respiratory distress syndrome (RDS) in New-born - By Key Countries/Region
- 4.8. Neonatal Mortality Rate – Key Countries
- 4.9. Pricing Analysis of Respiratory Products
- 4.10. Impact of COVID-19 on the Global Market
- 5. Global Neonatal Respiratory Care Devices Market Analysis, Insights and Forecast, 2024-2032
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product Type
- 5.2.1. Devices
- 5.2.1.1. Bubble CPAP Systems
- 5.2.1.2. Mechanical Ventilators
- 5.2.1.3. Extracorporeal Membrane Oxygenation (ECMO)
- 5.2.1.4. Others
- 5.2.2. Accessories & Consumables
- 5.2.2.1. Masks
- 5.2.2.2. Nasal prong Cannula
- 5.2.2.3. Breathing Circuits
- 5.2.2.4. Resuscitators
- 5.2.2.5. Others
- 5.3. Market Analysis, Insights and Forecast – By End User
- 5.3.1. Hospitals
- 5.3.2. Specialty Clinics
- 5.4. Market Analysis, Insights and Forecast – By Geography
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America
- 5.4.5. Middle East & Africa
- 6. North America Neonatal Respiratory Care Devices Market Analysis, Insights and Forecast, 2024-2032
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product Type
- 6.2.1. Devices
- 6.2.1.1. Bubble CPAP Systems
- 6.2.1.2. Mechanical Ventilators
- 6.2.1.3. Extracorporeal Membrane Oxygenation (ECMO)
- 6.2.1.4. Others
- 6.2.2. Accessories & Consumables
- 6.2.2.1. Masks
- 6.2.2.2. Nasal prong Cannula
- 6.2.2.3. Breathing Circuits
- 6.2.2.4. Resuscitators
- 6.2.2.5. Others
- 6.3. Market Analysis, Insights and Forecast – By End User
- 6.3.1. Hospitals
- 6.3.2. Specialty Clinics
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S. (By Product Type {Devices, and Consumables})
- 6.4.2. Canada (By Product Type {Devices, and Consumables} )
- 7. Europe Neonatal Respiratory Care Devices Market Analysis, Insights and Forecast, 2024-2032
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product Type
- 7.2.1. Devices
- 7.2.1.1. Bubble CPAP Systems
- 7.2.1.2. Mechanical Ventilators
- 7.2.1.3. Extracorporeal Membrane Oxygenation (ECMO)
- 7.2.1.4. Others
- 7.2.2. Accessories & Consumables
- 7.2.2.1. Masks
- 7.2.2.2. Nasal prong Cannula
- 7.2.2.3. Breathing Circuits
- 7.2.2.4. Resuscitators
- 7.2.2.5. Others
- 7.3. Market Analysis, Insights and Forecast – By End User
- 7.3.1. Hospitals
- 7.3.2. Specialty Clinics
- 7.4. Market Analysis, Insights and Forecast – By Country/Sub-region
- 7.4.1. U.K (By Product Type {Devices, and Consumables})
- 7.4.2. Germany (By Product Type {Devices, and Consumables})
- 7.4.3. France (By Product Type {Devices, and Consumables})
- 7.4.4. Spain (By Product Type {Devices, and Consumables})
- 7.4.5. Italy (By Product Type {Devices, and Consumables})
- 7.4.6. Scandinavia (By Product Type {Devices, and Consumables})
- 7.4.7. Rest of Europe (By Product Type {Devices, and Consumables})
- 8. Asia Pacific Neonatal Respiratory Care Devices Market Analysis, Insights and Forecast, 2024-2032
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product Type
- 8.2.1. Devices
- 8.2.1.1. Bubble CPAP Systems
- 8.2.1.2. Mechanical Ventilators
- 8.2.1.3. Extracorporeal Membrane Oxygenation (ECMO)
- 8.2.1.4. Others
- 8.2.2. Accessories & Consumables
- 8.2.2.1. Masks
- 8.2.2.2. Nasal prong Cannula
- 8.2.2.3. Breathing Circuits
- 8.2.2.4. Resuscitators
- 8.2.2.5. Others
- 8.3. Market Analysis, Insights and Forecast – By End User
- 8.3.1. Hospitals
- 8.3.2. Specialty Clinics
- 8.4. Market Analysis, Insights and Forecast – By Country/Sub-region
- 8.4.1. Japan (By Product Type {Devices, and Consumables})
- 8.4.2. China (By Product Type {Devices, and Consumables})
- 8.4.3. India (By Product Type {Devices, and Consumables})
- 8.4.4. Australia (By Product Type {Devices, and Consumables})
- 8.4.5. Southeast Asia (By Product Type {Devices, and Consumables})
- 8.4.6. Rest of Asia Pacific (By Product Type {Devices, and Consumables})
- 9. Latin America Neonatal Respiratory Care Devices Market Analysis, Insights and Forecast, 2024-2032
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product Type
- 9.2.1. Devices
- 9.2.1.1. Bubble CPAP Systems
- 9.2.1.2. Mechanical Ventilators
- 9.2.1.3. Extracorporeal Membrane Oxygenation (ECMO)
- 9.2.1.4. Others
- 9.2.2. Accessories & Consumables
- 9.2.2.1. Masks
- 9.2.2.2. Nasal prong Cannula
- 9.2.2.3. Breathing Circuits
- 9.2.2.4. Resuscitators
- 9.2.2.5. Others
- 9.3. Market Analysis, Insights and Forecast – By End User
- 9.3.1. Hospitals
- 9.3.2. Specialty Clinics
- 9.4. Market Analysis, Insights and Forecast – By Country/Sub-region
- 9.4.1. Brazil (By Product Type {Devices, and Consumables})
- 9.4.2. Mexico (By Product Type {Devices, and Consumables})
- 9.4.3. Rest of Latin America (By Product Type {Devices, and Consumables})
- 10. Middle East & Africa Neonatal Respiratory Care Devices Market Analysis, Insights and Forecast, 2024-2032
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Product Type
- 10.2.1. Devices
- 10.2.1.1. Bubble CPAP Systems
- 10.2.1.2. Mechanical Ventilators
- 10.2.1.3. Extracorporeal Membrane Oxygenation (ECMO)
- 10.2.1.4. Others
- 10.2.2. Accessories & Consumables
- 10.2.2.1. Masks
- 10.2.2.2. Nasal prong Cannula
- 10.2.2.3. Breathing Circuits
- 10.2.2.4. Resuscitators
- 10.2.2.5. Others
- 10.3. Market Analysis, Insights and Forecast – By End User
- 10.3.1. Hospitals
- 10.3.2. Specialty Clinics
- 10.4. Market Analysis, Insights and Forecast – By Country/Sub-region
- 10.4.1. GCC (By Product Type {Devices, and Consumables})
- 10.4.2. South Africa (By Product Type {Devices, and Consumables})
- 10.4.3. Rest of Middle East & Africa (By Product Type {Devices, and Consumables})
- 11. Competitive Analysis
- 11.1. Key Industry Developments
- 11.2. Global Market Share Analysis (2024)
- 11.3. Company Profiles (Overview, Product Types & Services, SWOT Analysis, Recent Developments, Strategies, Financials (Based on Availability))
- 11.3.1. Airon Corporation
- 11.3.1.1. Overview,
- 11.3.1.2. Product Types & Services,
- 11.3.1.3. SWOT Analysis,
- 11.3.1.4. Recent Developments,
- 11.3.1.5. Strategies,
- 11.3.1.6. Financials (Based on Availability)
- 11.3.2. Drägerwerk AG & Co. KGaA
- 11.3.2.1. Overview,
- 11.3.2.2. Product Types & Services,
- 11.3.2.3. SWOT Analysis,
- 11.3.2.4. Recent Developments,
- 11.3.2.5. Strategies,
- 11.3.2.6. Financials (Based on Availability)
- 11.3.3. Fisher & Paykel Healthcare Limited
- 11.3.3.1. Overview,
- 11.3.3.2. Product Types & Services,
- 11.3.3.3. SWOT Analysis,
- 11.3.3.4. Recent Developments,
- 11.3.3.5. Strategies,
- 11.3.3.6. Financials (Based on Availability)
- 11.3.4. GaleMed Corporation
- 11.3.4.1. Overview,
- 11.3.4.2. Product Types & Services,
- 11.3.4.3. SWOT Analysis,
- 11.3.4.4. Recent Developments,
- 11.3.4.5. Strategies,
- 11.3.4.6. Financials (Based on Availability)
- 11.3.5. GE Healthcare
- 11.3.5.1. Overview,
- 11.3.5.2. Product Types & Services,
- 11.3.5.3. SWOT Analysis,
- 11.3.5.4. Recent Developments,
- 11.3.5.5. Strategies,
- 11.3.5.6. Financials (Based on Availability)
- 11.3.6. Hamilton Medical
- 11.3.6.1. Overview,
- 11.3.6.2. Product Types & Services,
- 11.3.6.3. SWOT Analysis,
- 11.3.6.4. Recent Developments,
- 11.3.6.5. Strategies,
- 11.3.6.6. Financials (Based on Availability)
- 11.3.7. Medtronic plc
- 11.3.7.1. Overview,
- 11.3.7.2. Product Types & Services,
- 11.3.7.3. SWOT Analysis,
- 11.3.7.4. Recent Developments,
- 11.3.7.5. Strategies,
- 11.3.7.6. Financials (Based on Availability)
- 11.3.8. VYAIRE MEDICAL, INC
- 11.3.8.1. Overview,
- 11.3.8.2. Product Types & Services,
- 11.3.8.3. SWOT Analysis,
- 11.3.8.4. Recent Developments,
- 11.3.8.5. Strategies,
- 11.3.8.6. Financials (Based on Availability)
- 11.3.9. SLE
- 11.3.9.1. Overview,
- 11.3.9.2. Product Types & Services,
- 11.3.9.3. SWOT Analysis,
- 11.3.9.4. Recent Developments,
- 11.3.9.5. Strategies,
- 11.3.9.6. Financials (Based on Availability)
- 11.3.10. Other Prominent Players
- 11.3.10.1. Overview,
- 11.3.10.2. Product Types & Services,
- 11.3.10.3. SWOT Analysis,
- 11.3.10.4. Recent Developments,
- 11.3.10.5. Strategies,
- 11.3.10.6. Financials (Based on Availability)
- 12. Strategic Recommendations
Pricing
Currency Rates
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