UK Neonatal Critical Care Equipment Market Size & Outlook
UK neonatal critical care equipment market, 2018-2030 (US$M)
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UK neonatal critical care equipment market highlights
- The UK neonatal critical care equipment market generated a revenue of USD 15.8 million in 2023 and is expected to reach USD 29.6 million by 2030.
- The UK market is expected to grow at a CAGR of 9.4% 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 15.8 million |
| Market revenue in 2030 | USD 29.6 million |
| Growth rate | 9.4% (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, UK accounted for 0.5% 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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UK 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 33.54% in 2023. Horizon Databook has segmented the UK 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.
Preterm births in the UK are quite common. Studies have shown an increasing burden on healthcare due to premature babies in the UK. This is increasing the demand for artificial ventilation/incubators. The risk of prematurity with multiple pregnancies is reported to be 57%.
Collectively, it is higher than in several other European countries. Premature birth complications are the leading cause of neonatal deaths in the UK. Preterm infants often require special care in the NICU, increasing the demand for neonatal devices, and is expected to act as a key driver for the UK neonatal & prenatal device market.
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Target buyers of UK neonatal critical care equipment market databook
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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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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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Horizon Databook provides a detailed overview of country-level data and insights on the UK neonatal critical care equipment market , including forecasts for subscribers. This country databook contains high-level insights into UK neonatal critical care equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK neonatal critical care equipment market size, by type, 2018-2030 (US$M)
UK Neonatal Critical Care Equipment Market Outlook Share, 2023 & 2030 (US$M)
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