Market revenue in 2023 | USD 450.9 million |
Market revenue in 2030 | USD 760.7 million |
Growth rate | 7.8% (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 |
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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 neonatal critical care equipment market will help companies and investors design strategic landscapes.
Other equipments was the largest segment with a revenue share of 33.67% in 2023. Horizon Databook has segmented the India 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.
Growing awareness about neonatal & prenatal care, the high prevalence of preterm births, and government initiatives to provide better care for neonatal infants are the key factors contributing to market growth in India.
In addition, several factors in maternity are expected to increase the demand for NICUs, such as ages younger than 16 years or older than 40 years, diabetes, drug abuse, Sexually Transmitted Diseases (STDs), and multiple pregnancies. These factors are likely to drive the demand for prenatal and neonatal care equipment.
Horizon Databook provides a detailed overview of country-level data and insights on the India neonatal critical care equipment market , including forecasts for subscribers. This country databook contains high-level insights into India neonatal critical care equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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