Top Factor Driving Fetal And Neonatal Care Equipment Market Growth in 2025: Rising Prevalence Of Premature Births Drives Growth In Fetal And Neonatal Care Equipment Market

What industry-specific factors are fueling the growth of the fetal and neonatal care equipment market?
As the number of premature births continue to rise, it's anticipated that the growth of the fetal and neonatal care equipment market will significantly increase. Premature births are defined as those which occur before a baby has reached 37 weeks of gestation. There is an increase in premature births due to factors such as advanced maternal age, which carries a higher risk of complications, and chronic health conditions in mothers including diabetes, hypertension, obesity, and infections, all of which can lead to preterm labor and delivery. The importance of fetal and neonatal care equipment lies in its ability to enhance health outcomes for premature births, as well as allowing healthcare professionals to keep a close eye on vital signs, apply needed treatments, and guarantee the safety and well-being of newborns in intensive care units. For example, data from the Office for National Statistics in the UK indicated that the percentage of preterm live births increased to 7.9% in 2022, a rise from 7.5% in 2021. Therefore, the consistent increase in premature births is likely to spur the growth of the fetal and neonatal care equipment market.

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What Is the projected market size and growth rate for the fetal and neonatal care equipment market?
The market size of fetal and neonatal care equipment has seen robust growth in the last few years. It is projected to expand from $8.35 billion in 2024 to $8.99 billion in 2025, representing a compound annual growth rate (CAGR) of 7.6%. A few factors that have contributed to the growth in the preceding period include an increase in preterm birth rates, improved awareness about maternal health, enhancements in healthcare infrastructure, rise in disposable income, governmental influence, and a climb in complication occurrence rates.

Expectations are high for the robust growth of the fetal and neonatal care equipment market size in the coming years. The market is projected to reach $11.95 billion by 2029, with a compound annual growth rate (CAGR) of 7.4%. Factors contributing to this growth throughout the forecast period include the advancement of telemedicine, a heightened emphasis on preventative healthcare and personalized medicine, growth in emerging markets, improvements in data analytics, and increased R&D investment. Key trends during this forecast period include the integration of the Internet of Things (IoT), the creation of wearable devices, advancements in imaging technology, an increase in minimally invasive procedures, the development of smart monitoring systems, a concentration on user-friendly design, and personalized neonatal care.

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What new trends are reshaping the fetal and neonatal care equipment market and its opportunities?
Leading businesses in the fetal and neonatal care equipment market are concentrating on the creation of technologically sophisticated solutions like wireless maternal and fetal monitoring systems. These advancements are aimed at offering dependable solutions for high-risk and preterm pregnancies. Wireless solutions monitor fetal heart rate, maternal heart rate, and uterine actions in a non-invasive manner. To demonstrate this trend, GE HealthCare Technologies Inc., a medical technology firm based in the United States, was granted 510(k) clearance by the United States Food and Drug Administration (FDA) for the Novii+ Wireless Patch Solution in February 2024. The Novii+ solution, which starts monitoring maternal and fetal health from 34 weeks of gestation, has expanded its prior indication of 37 weeks and above. The system's features include a wireless, belt-free patch that noninvasively monitors maternal and fetal heart rates, as well as uterine activity. This development provides mothers the freedom to move around and stay active during labor, potentially shortening labor durations and increasing comfort.

What major market segments define the scope and growth of the fetal and neonatal care equipment market?
The fetal and neonatal care equipmentmarket covered in this report is segmented -

1) By Type: Fetal Care Equipment, Neonatal Care Equipment
2) By Portability: Portable Devices, Non-Portable Devices
3) By End-User: Hospitals, Diagnostics Centers, Clinics, Other End-Users

Subsegments:
1. By Fetal Care Equipment: Fetal Monitoring Equipment, Ultrasound Equipment, Fetal Surgery Equipment, Fetal Diagnostics Equipment, Fetal Assessment Systems
2. By Neonatal Care Equipment: Incubators, Phototherapy Equipment, Respiratory Support Equipment, Neonatal Monitoring Equipment, Feeding Equipment, Suction Devices, Transport Incubators

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Which region dominates the fetal and neonatal care equipment market?
North America was the largest region in the fetal and neonatal care equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fetal and neonatal care equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Which key market leaders are driving the fetal and neonatal care equipment industry growth?
Major companies operating in the fetal and neonatal care equipment market are Cardinal Health, Medtronic PLC, Becton Dickinson and Company, Koninklijke Philips N.V., Stryker Corporation, GE Healthcare, B. Braun Melsungen AG, Olympus Corporation, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Drägerwerk AG And Co KGaA, ResMed Inc., Canon Medical Systems Corporation, Masimo Corporation, Nihon Kohden Corporation, Fisher And Paykel Healthcare Limited, C.R. Bard Inc., Contec Medical Systems Co. Ltd., Natus Medical Incorporated, Vyaire Medical Inc, Atom Medical Corporation, Amico Corporation, Mennen Medical Ltd, Phoenix Medical Systems Pvt Ltd, Utah Medical Products Inc, CareFusion Corporation

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What Is Covered In The Fetal And Neonatal Care Equipment Global Market Report?

•Market Size Forecast: Examine the fetal and neonatal care equipment market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the fetal and neonatal care equipment market for a structured understanding.
•Key Players Overview: Analyze major players in the fetal and neonatal care equipment market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the fetal and neonatal care equipment market.
•Segment Contributions: Evaluate how different segments drive overall growth in the fetal and neonatal care equipment market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the fetal and neonatal care equipment market.
•Industry Challenges: Identify potential risks and obstacles affecting the fetal and neonatal care equipment market.
•Competitive Landscape: Review strategic developments in the fetal and neonatal care equipment market, including expansions, agreements, and new product launches.

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