Canada Fetal And Neonatal Care Equipment Market Size & Outlook
Canada fetal and neonatal care equipment market, 2018-2030 (US$M)
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Canada fetal and neonatal care equipment market highlights
- The Canada fetal and neonatal care equipment market generated a revenue of USD 163.2 million in 2024 and is expected to reach USD 247.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.2% from 2025 to 2030.
- In terms of segment, ultrasound devices was the largest revenue generating fetal care equipment market in 2024.
- Ultrasound devices is the most lucrative fetal care equipment market segment registering the fastest growth during the forecast period.
Fetal and neonatal care equipment market data book summary
| Market revenue in 2024 | USD 163.2 million |
| Market revenue in 2030 | USD 247.8 million |
| Growth rate | 7.2% (CAGR from 2024 to 2030) |
| Largest segment | Ultrasound devices |
| Fastest growing segment | Ultrasound devices |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ultrasound devices, Fetal MRI systems, Fetal monitors, Fetal pulse oximeters |
| Key market players worldwide | Cardinal Health Inc, Draegerwerk AG & Co KGaA, Koninklijke Philips NV, GE HealthCare Technologies Inc Common Stock, Medtronic PLC, Vyaire Medical, BD, Utah Medical Products Inc, Natus Medical, Ambu A/S ADR, Atom Medical, Fisher & Paykel Healthcare Corp Ltd, Masimo Corp, Phoenix Group Holdings PLC |
Other key industry trends
- In terms of revenue, Canada accounted for 2.7% of the global fetal and neonatal care equipment market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. fetal and neonatal care equipment market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 247.8 million by 2030.
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Fetal And Neonatal Care Equipment Market Scope
Fetal And Neonatal Care Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada fetal and neonatal care equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fetal and neonatal care equipment market will help companies and investors design strategic landscapes.
Ultrasound devices was the largest segment with a revenue share of 32.54% in 2024. Horizon Databook has segmented the Canada fetal and neonatal care equipment market based on ultrasound devices, fetal mri systems, fetal monitors, fetal pulse oximeters covering the revenue growth of each sub-segment from 2018 to 2030.
The Canadian fetal and neonatal care equipment market is expected to witness growth during the forecast period, which can be attributed to the increasing awareness about prenatal & neonatal care, rising incidence of preterm births, and increasing demand for prenatal diagnostics, therapeutics, & monitoring devices.
In addition, preterm babies are more prone to infections & diseases and require more care. According to an article published in 2018 in NCBI, 8% of pregnancies in Canada resulted in preterm birth. The Canadian Preterm Birth Network is financed by the Canadian Institutes of Health Research and aims to expand existing neonatal platforms to develop a pan-Canadian network.
Such initiatives can help boost segment growth. However, increasing cost of neonatal care due to advancements in medical devices is one of the major factors expected to hamper the market. Some of the key companies operating in Canada are Becton, Dickinson and Company; Masimo; Koninklijke Philips NV; GE Healthcare; and Medtronic PLC.
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Target buyers of Canada fetal and neonatal care equipment market databook
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Our clientele includes a mix of fetal and neonatal care equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada fetal and neonatal care equipment market , including forecasts for subscribers. This country databook contains high-level insights into Canada fetal and neonatal care equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada fetal and neonatal care equipment market size, by fetal care equipment market, 2018-2030 (US$M)
Canada Fetal And Neonatal Care Equipment Market Outlook Share, 2024 & 2030 (US$M)
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