Market revenue in 2024 | USD 1,636.8 million |
Market revenue in 2030 | USD 2,233.6 million |
Growth rate | 5.3% (CAGR from 2024 to 2030) |
Largest segment | Ultrasound devices |
Fastest growing segment | Ultrasound devices |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 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 |
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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 32.43% in 2024. Horizon Databook has segmented the Europe 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.
Europe fetal and neonatal care equipment market is expected to witness high growth due to increasing frequency of acquired infections among newborn babies, growing number of hospitals, and a major patient population suffering from low birth weight, and increasing number of preterm babies.
According to an article published in 2018 by Sandrine Ceurstemont, about 500,000 babies are born prematurely in Europe each year and numbers are growing. As these babies require extra care, a rise in preterm births is expected to propel the market.
Other factors contributing to market growth include local presence of major players, technological developments, and growing business activities such as new product launches, mergers & acquisitions. For instance, in January 2015, Drägerwerk AG & Co. KGaA extended its partnership with Intensive Care On-line Network (ICON), which provides Drager customers assistance in the use of equipment.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe fetal and neonatal care equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Europe fetal and neonatal care equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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