Fetal and Neonatal Care Equipment Market Report, 2025-2033

The global fetal and neonatal care equipment market size reached USD 9.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 17.2 Billion by 2033, exhibiting a growth rate (CAGR) of 6.56% during 2025-2033. At present, North America accounts for the largest market share due to its highly advanced healthcare infrastructure with well-established hospitals and specialized neonatal care centers.

The fetal and neonatal care (FNC) equipment are specialized devices that are used to diagnose, monitor and treat diseases and medical ailments of the fetus and newborn babies. These devices are crucial for routine check-ups in gynecology and obstetrics interventions. Ultrasound devices, fetal dopplers, fetal MRI systems, incubators, phototherapy and respiratory devices are some of the most extensively utilized FNC equipment. They also find applications in the Neonatal Intensive Care Units (NICUs) for the treatment of ailments, including anemia, bronchopulmonary dysplasia, intraventricular hemorrhage, hyperbilirubinemia and transient tachypnea.

The increasing prevalence of hospital-acquired neonatal ailments and complications is one of the key factors driving the growth of the market. Furthermore, the rising cases of premature birth with low immunity and weight are contributing to the increasing requirement of FNC equipment across the globe. Maternal and fetal care is rapidly becoming a global priority to prevent fatalities during pregnancy and childbirth. Additionally, technological advancements and innovations in patient monitoring, respiratory, and phototherapy devices aimed at making them more user-friendly, cost-effective and highly accurate, are providing a boost to the market. Moreover, equipment features such as light-weight, compact designs and remote monitoring facilities are further increasing product adoption in medical institutions. Other factors, including improving fertility rate, efforts by both government and non-government organizations (NGOs) to create awareness for fetal and neonatal care and extensive research and development (R&D), are projected to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global market report, along with fetal and neonatal care equipment market forecasts at the global, regional and country level from 2025-2033. Our report has categorized the market based on product type and end-user.

Breakup by Product Type:

• NICU Equipment

Incubators

Neonatal Monitoring Devices

Phototherapy Equipment

Respiratory Assistance and Monitoring Devices

Others

• Fetal Care Equipment & Neonatal Care Equipment

Fetal Dopplers

Fetal MRI Devices

Fetal Ultrasound Devices

Fetal Pulse Oximeters

Others

• Others

NICU equipment accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the product type. This includes NICU Equipment (Incubators, Neonatal Monitoring Devices, Phototherapy Equipment, Respiratory Assistance and Monitoring Devices, and Others), Fetal Care Equipment & Neonatal Care Equipment (Fetal Dopplers, Fetal MRI Devices, Fetal Ultrasound Devices, Fetal Pulse Oximeters, and Others), and Others. According to the report, NICU equipment represents the largest segment.

Premature babies and neonates with significant health conditions require intense and specialized care. NICU equipment, such as ventilators, incubators, and monitoring systems, is critical for treating respiratory, cardiovascular, and other life-threatening diseases, resulting in high demand in hospitals and healthcare facilities. There is a rise in the frequency of premature births worldwide, which is catalyzing the demand for NICU services. Premature newborns are frequently born with undeveloped organs and require NICU care to maintain crucial functions in the early stages of life. Continuous advancements in NICU equipment, such as more efficient incubators, better respiratory support systems, and high-precision monitoring instruments, are broadening their applications and capacities, resulting in increased acceptance in newborn care settings.

Breakup by End-User:

• Hospitals
• Diagnostic Centers
• Clinics
• Others

Hospitals hold the largest share of the industry

The report has provided a detailed breakup and analysis of the market based on the end user. This includes hospitals, diagnostic centers, clinics, and others. According to the report, hospitals account for the largest market share.

Hospitals offer the most complete care to both mothers and newborns, with specialist departments, such as neonatal intensive care units (NICUs) and maternity wards. These hospitals are outfitted with modern fetal and newborn care equipment that other healthcare facilities may lack. Hospitals handle a higher volume of births than smaller healthcare facilities, making them the principal users of fetal and neonatal care supplies. They handle both regular deliveries and high-risk pregnancies, requiring constant access to specialist neonatal equipment. Most hospitals, particularly tertiary care centers and large urban hospitals, have NICUs for treating premature and severely ill neonates. NICU equipment, such as incubators, ventilators, and monitors, is critical for neonatal health management, making hospitals prime customers of these products. Hospitals also employ qualified experts like neonatologists, pediatricians, and specialized nurses who have received training in the use of advanced fetal and neonatal care technology.

Breakup by Region:

• North America

United States

Canada

• Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

• Asia Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

• Latin America

Brazil

Mexico

Argentina

Colombia

Chile

Peru

Others

• Middle East and Africa

Turkey

Saudi Arabia

Iran

United Arab Emirates

Others

North America leads the market, accounting for the largest fetal and neonatal care equipment market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, and others); and the Middle East and Africa (Turkey, Saudi Arabia, Iran, United Arab Emirates, and Others). According to the report, North America represents the largest regional market for fetal and neonatal care equipment.

North America is the largest market for fetal and neonatal care equipment due to several critical factors. The region has a highly advanced healthcare infrastructure, with well-established hospitals and specialized neonatal care centers equipped with the latest medical technologies. High healthcare expenditure, along with significant government funding and private investments in maternal and neonatal healthcare, are also impelling the market growth. Additionally, North America experiences a relatively high prevalence of preterm births and birth complications, catalyzing the demand for advanced NICU equipment and fetal monitoring systems. Technological advancements, including innovations in neonatal care devices, coupled with strong awareness of maternal and infant health, are further strengthening the market in this region. Moreover, the presence of major market players and favorable reimbursement policies for neonatal care services contribute to North America's dominance in the global fetal and neonatal care equipment market.

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being ArjoHuntleigh, Atom Medical Corporation, Becton Dickinson, Covidien, Drägerwerk, Fisher & Paykel, GE Healthcare, Masimo, Medtronic PLC, Natus Medical Incorporated, Philips Healthcare, Phoenix Medical Systems, Smiths Medical, Spacelabs Healthcare, Utah Medical Products and Vyaire Medical Inc.

Key Questions Answered in This Report

1.What was the size of the global fetal and neonatal care equipment market in 2024?

2.What is the expected growth rate of the global fetal and neonatal care equipment market during 2025-2033?

3.What are the key factors driving the global fetal and neonatal care equipment market?

4.What has been the impact of COVID-19 on the global fetal and neonatal care equipment market?

5.What is the breakup of the global fetal and neonatal care equipment market based on the product type?

6.What is the breakup of the global fetal and neonatal care equipment market based on the end user?

7.What are the key regions in the global fetal and neonatal care equipment market?

8.Who are the key players/companies in the global fetal and neonatal care equipment market?
Show more