Germany Neonatal Critical Care Equipment Market Size & Outlook
Germany neonatal critical care equipment market, 2018-2030 (US$M)
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Germany neonatal critical care equipment market highlights
- The Germany neonatal critical care equipment market generated a revenue of USD 88.9 million in 2023 and is expected to reach USD 154.2 million by 2030.
- The Germany market is expected to grow at a CAGR of 8.2% from 2024 to 2030.
- In terms of segment, other equipments was the largest revenue generating type in 2023.
- Phototherapy Equipment is the most lucrative type segment registering the fastest growth during the forecast period.
Neonatal critical care equipment market data book summary
| Market revenue in 2023 | USD 88.9 million |
| Market revenue in 2030 | USD 154.2 million |
| Growth rate | 8.2% (CAGR from 2023 to 2030) |
| Largest segment | Other equipments |
| Fastest growing segment | Phototherapy Equipment |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Thermoregulation Equipment, Phototherapy Equipment, Respiratory Devices, Neonatal Monitoring Devices, Other Equipments |
| Key market players worldwide | Draegerwerk AG & Co KGaA, Cardinal Health Inc, Koninklijke Philips NV, Medtronic PLC, GE HealthCare Technologies Inc Common Stock, Vyaire Medical, BD, Fisher & Paykel Healthcare Corp Ltd, Masimo Corp, Phoenix Group Holdings PLC, Natus Medical, Utah Medical Products Inc, Ambu A/S ADR |
Other key industry trends
- In terms of revenue, Germany accounted for 3.1% of the global neonatal critical care equipment market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, France neonatal critical care equipment market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 29.6 million by 2030.
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Neonatal Critical Care Equipment Market Scope
Neonatal Critical Care Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 33.63% in 2023. Horizon Databook has segmented the Germany 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.
According to Techniker Krankenkasse, out of every 100 children born in Germany in 2021, an average of six children were born prematurely. Factors contributing to market growth include increasing lowweight & preterm births, rising pregnancy & congenital complications due to an inactive lifestyle, and growing technological advancements in maternal & infant care products.
Preterm infants often require special care in the NICU, increasing the demand for neonatal devices, which is expected to act as a key driving force. In addition, the prevalence of diseases and infections among neonates/newborns also increased. These factors propelled the country’s demand for fetal and neonatal care facilities.
Moreover, government funding and support for medical research contribute to advancements in neonatal care. Research initiatives focus on improving medical technologies, treatment protocols, and interventions to enhance outcomes for premature and critically ill newborns.
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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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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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Horizon Databook provides a detailed overview of country-level data and insights on the Germany neonatal critical care equipment market , including forecasts for subscribers. This country databook contains high-level insights into Germany neonatal critical care equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany neonatal critical care equipment market size, by type, 2018-2030 (US$M)
Germany Neonatal Critical Care Equipment Market Outlook Share, 2023 & 2030 (US$M)
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