Neonatal Monitoring Market Size by Segments, Share, Regulatory, Reimbursement, Installed Base and Forecast to 2033
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
Neonatal Monitoring Market Report Overview
The neonatal monitoring market size was $10.27 billion in 2023. The market is expected to grow at a CAGR of more than 1% during 2023-2033. Neonatal monitoring encompasses the monitoring of vital physiological parameters of premature infants as well as full-term infants who are critically ill. The procedure includes devices used for continuous monitoring of physiological and vital parameters of newborns and infants, such as heart rate, ECG waveforms, breathing rate, oxygen levels, and blood pressure.
Neonatal Monitoring Market Outlook, 2023-2033 ($ Billion)
Buy the Full Report for More Insights into the Neonatal Monitoring Market Forecast
The Neonatal Monitoring market research report has been created to understand market behavior, which will help identify quantitative market trends in the Patient Monitoring therapeutic area. The model discusses in detail the impact of COVID-19 on the neonatal monitoring market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing your in-licensing and out-licensing strategies.
Market Size (2023) | $10.27 billion |
CAGR (2023-2033) | >1% |
Forecast Period | 2023-2033 |
Historical Period | 2015-2022 |
Key Segments | · Neonatal Incubators
· Neonatal Monitors · Neonatal Warmers |
Key Regions | · North America
· Europe · Asia Pacific · South and Central America · Middle East and Africa |
Leading Companies | · Medtronic Plc
· Philips Healthcare · GE HealthCare Technologies Inc · Dragerwerk AG & Co KGaA |
Enquire & Decide | Discover the perfect solution for your business needs. Enquire now and let us help you make an informed decision before making a purchase. |
Neonatal Monitoring Market Dynamics
The neonatal care medical devices market will witness moderate growth over the forecast years due to modest technological advancement in monitors, incubators, and warmers, that have artificial environments for newborns to support their organs. Neonatal incubators have temperature control facilities to support the underdeveloped organs of newborns and neonatal monitoring has not only become accurate but also quite easy with alternative surveillance technology tools to detect healthcare associated infections. Also, the technology improvements focus on creating a remote monitoring communication with the patient’s family. Furthermore, device manufacturers are looking to combine the features of incubators and warmers to reduce the stress of the change of environment and increase the accessibility for neonatal patients.
Neonatal Monitoring Market Segments
The key segments in the neonatal monitoring market are neonatal incubators, neonatal monitors, and neonatal warmers. Neonatal incubators led the neonatal monitoring market in 2023. A neonatal incubator provides the baby with thermal support along with a regulated environment for better care and support for development. Many incubators also have the means for controlling oxygen levels and relative humidity of the air and use noise block materials. Neonatal incubators include access ports through which the nurse has access to the baby without the need to open the chamber.
Neonatal Monitoring Market Analysis by Segments, 2023 (%)
Buy the Full Report for More Segment Insights into the Neonatal Monitoring Market
Neonatal Monitoring Market Segmentation by Regions
The key regions in the neonatal monitoring market are North America, Europe, Asia Pacific, South and Central America, and the Middle East and Africa. In 2023, North America was the highest revenue contributor in the neonatal monitoring market and is expected to retain its position during the forecast period. Undoubtedly, the US accounted for the largest share of the regional market. The rising prevalence and incidence of respiratory diseases in infants requiring continuous monitoring is driving the North American neonatal monitoring market. Market growth is also related to the increasing number of surgical procedures from newborns to infants. The usage varies in condition from very critical, unstable patients to relatively stable postoperative patients.
Neonatal Monitoring Market Analysis by Regions, 2023 (%)
Buy the Full Report for More Regional Insights into the Neonatal Monitoring Market
Neonatal Monitoring Market - Competitive Landscape
A few of the leading companies in the neonatal monitoring market are:
- Medtronic Plc
- Philips Healthcare
- GE HealthCare Technologies Inc.
- Dragerwerk AG & Co KGaA
GE HealthCare Technologies Inc. dominated the market in 2023.
Neonatal Monitoring Market Analysis by Companies, 2023 (%)
Buy the Full Report for More Company Insights into the Neonatal Monitoring Market
Segments Covered in the Report
Neonatal Monitoring Segments Outlook (Value, $ Billion, 2015-2033)
- Neonatal Incubators
- Neonatal Monitors
- Neonatal Warmers
Neonatal Monitoring Regional Outlook (Value, $ Billion, 2015-2033)
- North America
- Europe
- Asia Pacific
- South and Central America
- Middle East and Africa
Key Inclusions
Currently marketed Neonatal Monitoring and evolving competitive landscape:
- Insightful review of the key industry trends.
- Annualized total Neonatal Monitoring market revenue by segment and market outlooks from 2015-2033.
- Market-level data on units, average selling prices, and market values.
Global, Regional, and Country level market specific insights:
- Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the Neonatal Monitoring market.
- Competitive dynamics insights and trends provided for the Neonatal Monitoring market.
Get an in-depth understanding of consumer behavior through the market access segment and the overview of the healthcare system. The report also offers information on reimbursement policies and the regulatory landscape.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, the report helps determine market trends through real-world data sources including government procedure databases, hospital purchasing databases, and proprietary online databases.
Companies covered: Medtronic Plc, Philips Healthcare, GE HealthCare Technologies Inc, Dragerwerk AG & Co KGaA, and others.
Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.
Scope
This report provides:
- Insightful review of the key industry trends.
- Annualized total Neonatal Monitoring market revenue by segment and market outlooks.
- Market-level data on units, average selling prices, and market values.
- Global, regional, and country-level market-specific insights including qualitative market-specific information with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the Neonatal Monitoring market.
- Competitive dynamics insights and trends provided for the Neonatal Monitoring market.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Reasons to Buy
The model will enable you to:
- Understand the impact of COVID-19 on the Neonatal Monitoring market.
- Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving the Neonatal Monitoring market.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Neonatal Monitoring market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counterstrategies to gain a competitive advantage.
- Track device sales in the global and country-specific Neonatal Monitoring market from 2015-2033.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.
Frequently asked questions
-
What was the neonatal monitoring market size in 2023?
The neonatal monitoring market size was $10.27 billion in 2023.
-
What will the neonatal monitoring market growth rate be during the forecast period?
The neonatal monitoring market is expected to grow at a CAGR of more than 1% during 2023-2033.
-
Which region dominated the neonatal monitoring market in 2023?
North America dominated the overall neonatal monitoring market in 2023.
-
Which segment led the neonatal monitoring market in 2023?
Neonatal incubators led the neonatal monitoring market in 2023.
-
Which are the leading companies in the neonatal monitoring market?
A few of the leading companies in the neonatal monitoring market are Medtronic Plc, Philips Healthcare, GE HealthCare Technologies Inc., and Dragerwerk AG & Co KGaA, among others.
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.