Towards Healthcare
Neonatal Care Equipment Market to Surge USD 3.51 Billion by 2034

Neonatal Care Equipment Market Forecast 2025 AI, Non-Invasive Tech, and Online Channels Reshape Sector

According to forecasts, the global neonatal care equipment market will grow from USD 2.04 billion in 2024 to USD 3.51 billion by 2034, with an expected CAGR of 5.64%. The neonatal care equipment market is growing because healthcare providers in the NICU use various types of equipment to help take care of babies. Every equipment has a particular purpose in a baby’s treatment. North America is dominant due to a well-established healthcare infrastructure and high healthcare expenditure.

  • Insight Code: 5927
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Published: July 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2022
  • Base Year: 2023
  • Estimated Years: 2024-2033

About The Author

Rohan Patil is a seasoned market research professional with over 5 years of focused experience in the healthcare sector, bringing deep domain expertise, strategic foresight, and analytical precision to every project he undertakes.

He began his journey with Precedence Research, where he played a pivotal role in developing high-impact healthcare market reports. Today, Rohan leads research initiatives at Towards Healthcare, while also contributing to Statifacts, where he supports cross-industry analysis and data-driven storytelling.

Rohan’s core strengths lie in trend analysis and emerging technologies, regulatory monitoring and thought leadership through high-quality report writing. He excels at identifying future-ready opportunities and translating complex data into strategic recommendations. His work spans pharmaceuticals, biotechnology, medical devices, and digital health, assessing everything from market potential and competitive positioning to customer needs and regulatory shifts.

A trusted advisor and a relentless innovator, Rohan continues to push the boundaries of traditional market research, merging scientific rigor with commercial insight to stay ahead in a fast-evolving healthcare landscape.

FAQ's

The neonatal care equipment market is projected to reach USD 3.51 billion by 2034, growing at a CAGR of 5.64% from 2024 to 2034.

North America is currently leading the neonatal care equipment market due to the increasing awareness of neonatal health and government spending.

The neonatal care equipment market includes six segments such as by product type, by end user, by portability, by technology, by application, by distribution channel, and by region.

Key trends include the rise of telemedicine and remote monitoring, and the increasing demand for portable and affordable equipment.

Neonatal stethoscope, Ophthalmoscope, and Oxygen saturation monitor pulse oximeter.

Ministry of Health and Family Welfare, Government of India, National Institutes of Health, FDA, WHO, PIB, CDC.