Neonatal & Prenatal Care Market to Grow with a CAGR of 7.47% through 2030

Rising incidence of preterm births and government initiatives to provide better care for prenatal and neonatal infants is expected to drive the Global Neonatal & Prenatal Care Market growth in the forecast period, 2026-2030.

According to TechSci Research report, “Neonatal & Prenatal Care Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030”, the Global Neonatal & Prenatal Care Market stood at USD 8.14 Billion in 2024 and is anticipated to grow with a CAGR of 7.47% in the forecast period through 2030. The significant driver behind the growth of the neonatal and prenatal care market is the rapid technological innovations and infrastructural developments in the healthcare sector. Furthermore, the substantial investments made by governing bodies and healthcare providers are expected to contribute positively to the global growth of the neonatal and prenatal care market in the upcoming years. Additionally, the high birth rate in emerging nations is projected to further bolster the market growth.

Several factors contribute to the growth of the neonatal and prenatal devices market. Firstly, the high birth rate in developing countries drives the demand for advanced medical devices and technologies to cater to the needs of newborns. Additionally, the rising prevalence of preterm births, which pose unique healthcare challenges, further fuels the market growth.

Governments around the world have recognized the importance of improving survival rates for neonates and have implemented initiatives to address this issue. These efforts include funding research, developing healthcare infrastructure, and promoting awareness about neonatal health and care equipment. As a result, the market is expected to witness significant expansion.

Furthermore, the increasing prevalence of neonatal hospital-acquired infections has raised concerns among healthcare professionals. This has led to a greater emphasis on infection control measures and the adoption of specialized equipment designed to minimize the risk of infections in neonatal units.

It is worth noting that maternal and infant care has emerged as a global priority. The UN Foundation highlights the alarming fact that approximately 800 women die every day from preventable conditions related to pregnancy or childbirth. This has intensified the demand for neonatal & prenatal care, as healthcare providers strive to improve outcomes for both mothers and infants. In addition, hospital-acquired infections (HAIs) continue to be a significant concern for premature and medically fragile infants who require extended hospitalization. The focus on infection prevention and control in neonatal units has prompted the development of innovative devices and strategies to minimize the risk of HAIs.

The major factors driving the growth of the neonatal and prenatal devices market include the rising incidence of preterm births, increasing awareness of prenatal and neonatal care, and government initiatives aimed at providing better care for prenatal and neonatal infants. Babies born with low birth weight, weighing less than 5.8 pounds, are especially vulnerable to various health risks. Preterm births are one of the primary contributing factors to low birth weight. These preterm and low-weight babies are prone to various medical conditions and infections, necessitating the use of different neonatal and prenatal devices for their treatment. This is expected to fuel the growth of the market over the forecast period of the study. For instance, according to a research study published in July 2020 titled "Global Burden of Preterm Birth," approximately 15 million babies are born preterm worldwide each year, with a global preterm birth rate of about 11%. Similarly, the European Union Research and Innovation Magazine reported in July 2020 that around 500,000 premature babies are born every year in Europe. The number of premature babies in the region is increasing due to the rising prevalence of diabetes and obesity among women, as well as the rise in multiple births due to fertility treatments. These factors are expected to further contribute to the growth of the neonatal and prenatal devices market.           

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Neonatal& Prenatal Care Market.”

The Global Neonatal & Prenatal Care Market is segmented into equipment, application, end user, regional distribution, and company.

Based on End User, the Hospital segment is experiencing the fastest growth in the global Neonatal & Prenatal Care Market. Hospitals serve as the primary setting for a wide range of prenatal diagnostics, maternal-fetal monitoring, and neonatal interventions—making them the dominant and fastest-growing end-user segment. The broadened scope of services delivered through hospitals—ranging from advanced imaging (e.g. fetal MRI and 3D/4D ultrasound) and high-risk obstetric care to neonatal intensive care units (NICUs)—has fueled widespread and recurring demand. Alongside rising birth rates in emerging regions and higher-risk pregnancies due to advanced maternal age and comorbidities (e.g. hypertension, diabetes), hospitals are continuously investing in new infrastructure, equipment, and staffing to support comprehensive prenatal and neonatal care.

Based on Region, Asia Pacific shows the fastest growth in the global neonatal & prenatal care market. This expansion is driven by increasing investments in maternal and child health, rising birth rates (especially in countries such as India, Indonesia, and Vietnam), and improving access to quality prenatal and neonatal services. Economic development and healthcare reforms across the region are boosting public and private spending on modern maternity hospitals, neonatal intensive care units (NICUs), and advanced diagnostic tools such as fetal ultrasounds, non‑invasive prenatal testing (NIPT), and infant respiratory support systems. Governments across Asia Pacific are prioritizing maternal and child wellness through national health agendas—such as India’s Mid-Day Meal and maternal health schemes, and China’s Healthy China 2030 strategy—which emphasize reductions in infant and maternal mortality while scaling up institutional childbirth rates. Additionally, public health programs are driving demand for prenatal screening, labor and delivery monitoring, and postnatal bedside care, strengthening service uptake in both urban and rural settings.

Major companies operating in Global Neonatal & Prenatal Care Market are:

• Atom Medical Corporation
• GE Healthcare
• Getinge AB
• Koninklijke Philips NV
• Masimo Corporation
• Medtronic PLC
• Natus Medical Incorporated
• Phoenix Medical Systems (P) Ltd
• Vyaire Medical Inc.
• Becton, Dickinson and Company

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“The increasing prevalence of hospital-acquired neonatal ailments and complications is a key driver for market growth. Additionally, the rising cases of premature birth with low immunity and weight contribute to the growing demand for FNC equipment worldwide. Maternal and fetal care is rapidly emerging as a global priority to prevent fatalities during pregnancy and childbirth. Moreover, technological advancements and innovations in patient monitoring, respiratory, and phototherapy devices aim to enhance user-friendliness, cost-effectiveness, and accuracy, thereby fueling market growth. Furthermore, features such as light-weight, compact designs, and remote monitoring facilities in the equipment are driving its adoption in medical institutions. Factors such as improving fertility rates, awareness campaigns by government and non-government organizations (NGOs) for fetal and neonatal care, and extensive research and development (R&D) efforts are projected to further propel the market.,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Neonatal & Prenatal Care Market Segmented By Equipment (Prenatal {Fetal Doppler, Fetal MRI, Fetal Monitor, Fetal Pulse oximetry and others}, Neonatal {Incubators, Neonatal monitoring device (Apnea, Blood pressure, cardio) Phototherapy equipment, Hearing and vision screening instrument, pulse oximetry}), By Application (ENT, Cardiovascular, Respiratory and others), By End User (Hospitals, Pediatric & Neonatal Clinics, Nursing Homes), By Region and Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of Global Neonatal & Prenatal Care Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Neonatal & Prenatal Care Market.

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