Global Neonatal Critical Care Equipment Market Size & Outlook

The neonatal critical care equipment industry worldwide is expected to reach a projected revenue of US$ 4,767.8 million by 2030. A compound annual growth rate of 7.5% is expected of the worldwide neonatal critical care equipment industry from 2024 to 2030.
Revenue, 2023 (US$M)
$2,873.0
Forecast, 2030 (US$M)
$4,767.8
CAGR, 2024 - 2030
7.5%
Report Coverage
Worldwide

Global neonatal critical care equipment market, 2018-2030 (US$M)

Related Markets

Global neonatal critical care equipment market highlights

  • The global neonatal critical care equipment market generated a revenue of USD 2,873.0 million in 2023 and is expected to reach USD 4,767.8 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 7.5% by 2030.
  • In terms of segment, other equipments accounted for a revenue of USD 964.7 million in 2023.
  • Phototherapy Equipment is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.
  • Country-wise, Sweden is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 2,873.0 million
Market revenue in 2030USD 4,767.8 million
Growth rate7.5% (CAGR from 2023 to 2030)
Largest segmentOther equipments
Fastest growing segmentPhototherapy Equipment
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationThermoregulation Equipment, Phototherapy Equipment, Respiratory Devices, Neonatal Monitoring Devices, Other Equipments

Other key industry trends

  • In terms of revenue, the North America accounted for 19.2% of the global neonatal critical care equipment market in 2023.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, Sweden is the fastest growing regional market and is projected to reach USD 1.8 million by 2030.

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Neonatal Critical Care Equipment Market Companies

Name Profile # Employees HQ Website

Global neonatal critical 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 neonatal critical care equipment market will help companies and investors design strategic landscapes.


Other equipments was the largest segment with a revenue share of 33.58% in 2023. Horizon Databook has segmented the Global neonatal critical care equipment market based on thermoregulation equipment, phototherapy equipment, respiratory devices, neonatal monitoring devices, other equipments covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Neonatal Critical Care Equipment Type Outlook (Revenue, USD Million, 2018-2030)
    • Thermoregulation Equipment
      • Infant Warmers
      • Incubators
    • Phototherapy Equipment
    • Respiratory Devices
      • Neonatal Ventilators
      • Continuous Positive Airway Pressure (CPAP) Devices
      • Oxygen Analyzers and Monitors
      • Resuscitators
      • Other Respiratory Devices
    • Neonatal Monitoring Devices
      • Blood Pressure Monitors
      • Cardiac Monitors
      • Pulse Oximeters
      • Capnographs
      • Integrated Monitoring Devices
    • Other Equipments
  • Global Neonatal Critical Care Equipment End-Use Outlook (Revenue, USD Million, 2018-2030)
    • Hospitals
    • Clinics
    • Other End-Use

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  • Our clientele includes a mix of neonatal critical care equipment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global neonatal critical care equipment market , including forecasts for subscribers. This global databook contains high-level insights into Global neonatal critical care equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global neonatal critical care equipment market size, by regions, 2018-2030 (US$M)

Top 10 countries: Neonatal critical care equipment market size, 2023 (US$M)

Global neonatal critical care equipment market share, by type, 2023 & 2030 (%, US$M)

Neonatal critical care equipment market: Opportunity assessment by country

Global neonatal critical care equipment market, by region, 2023 (US$M)

Global neonatal critical care equipment market size, by regions, 2018-2030 (US$M)

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