Neonatal Care Equipment Market Accelerates Amid Rising Preterm Births and Smart NICU Innovations 2026-2034 | Top Companies - GE Healthcare, Medtronic plc, Masimo Corporation, Cardinal Health

Market Overview:

The Global Neonatal Care Equipment Market is expected to reach at a CAGR of 6% during the forecast period 2024-2031.

The Neonatal Care Equipment Market refers to the global industry focused on the development, manufacturing, and distribution of medical devices designed to support the health and survival of newborn infants, particularly premature and low-birth-weight babies. It includes products such as incubators, radiant warmers, phototherapy units, neonatal ventilators, monitoring systems, and respiratory support devices. This market is driven by rising preterm birth rates, increasing neonatal intensive care unit (NICU) admissions, technological advancements, and growing investments in maternal and infant healthcare infrastructure worldwide.

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Recent Key Developments of United States:

✅ January 2026: Major U.S. hospitals expanded advanced neonatal intensive care units (NICUs) with smart monitoring technologies integrated into incubators and respiratory support devices.​

✅ December 2025: Connecticut Children's Medical Center opened a new clinical tower featuring a 50-room NICU equipped with state-of-the-art neonatal care systems focused on family-centered care for premature infants.​

Recent Key Developments of Japan:

✅ December 2025: Japan's neonatal and perinatal medical device market report highlighted innovations in automated NICU control systems for precise environmental regulation and vital parameter monitoring.​

✅ November 2025: Leading Japanese manufacturers showcased next-generation neonatal ventilators and integrated incubator monitoring platforms with AI diagnostic assistance at medical technology events.​

✅ November 2025: Japan's digital health initiatives advanced remote neonatal monitoring technologies to support care in underserved regions beyond large hospitals.​

List of the Key Players in the Neonatal Care Equipment Market:

GE Healthcare
Drägerwerk AG & Co. KGaA
Medtronic plc
Masimo Corporation
Cardinal Health
Vyaire.
Ambu A/S
Inspiration Healthcare Group plc
Phoenix Medical Systems (P) Ltd.
Fisher & Paykel Healthcare Limited

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This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Segments Covered in the Neonatal Care Equipment Market:

By Product Type: Thermoregulation Equipment, Phototherapy Equipment, Respiratory Devices, Others.

By End User: Hospitals, Ambulatory Surgical Centers, Clinics, Others.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Neonatal Care Equipment market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Neonatal Care Equipment Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Neonatal Care Equipment market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Neonatal Care Equipment Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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People Also Ask:

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