Neonatal & Fetal (Labor & Delivery) Care Equipment Market 2021 Analysis & Forecast To 2028 By Key Players, Share, Trend, Segmentation, Top Leaders and Regional

 

Neonatal & Fetal (Labor and Delivery) Care Equipment Market Growth & Trends

The Neonatal and Fetal (Labor & Delivery) Care Equipment Market is projected to grow at a CAGR of approximately 6.5% through 2028. This growth is driven by a rising prevalence of preterm births, growing awareness of maternal and neonatal health, an increase in low birth weight infants, and technological advancements in infant and maternity care equipment.

Neonatal and fetal (labor and delivery) care equipment comprises specialized medical devices designed to monitor, support, and ensure the well-being of newborns and their mothers during childbirth. This equipment includes incubators, radiant warmers, fetal monitors, and neonatal ventilators, all essential for providing optimal care throughout labor, delivery, and postnatal stages.

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Adoption of Monitoring Equipment to Reduce Stillbirths, Preterm Births, and Birth Defects

Globally, around 1.9 million stillbirths occurred in 2021, translating to one stillbirth every 17 seconds. Furthermore, approximately 240,000 newborns die each year due to congenital disorders within the first 28 days of life, and 3%–6% of infants are born with serious birth defects annually. These defects are a leading cause of infant mortality and can result in lifelong disabilities for survivors.

Additionally, 15 million babies—more than one in ten births worldwide—are born preterm each year. Complications from premature births remain the leading cause of death among children under five.

In response, healthcare providers are increasingly adopting advanced neonatal and fetal monitoring technologies to detect complications early, reduce risks, and enhance survival outcomes. These innovations play a vital role in improving prenatal diagnostics, fetal monitoring, and neonatal intensive care, empowering clinicians with real-time insights to make timely and informed decisions.

Growing Need for Neonatal & Fetal Care Equipment in NICUs

The first 28 days after birth, known as the neonatal period, represent the most critical phase of infant survival. Neonatal Intensive Care Units (NICUs) are designed to provide comprehensive support for critically ill or premature newborns.

Recent technological innovations—including respiratory function monitoring, video laryngoscopy, and AI-based analytics—have transformed NICU operations, improving survival rates and clinical efficiency. The integration of intelligent monitoring systems and patient-centric care models is expected to further drive advancements in this segment.

Recent developments include:

  • June 2023 – Dräger introduced the Babyroo TN300, an FDA-approved open warmer that offers temperature stability and lung protection from birth to discharge.
  • September 2022 – InnAccel Technologies and C-CAMP, in partnership with SAMRIDH Healthcare Blended Finance Facility, launched a program in Assam to improve respiratory support for newborns and pediatric patients using indigenous technologies aimed at reducing neonatal mortality due to respiratory distress syndrome (RDS).

Market Challenges

Despite strong growth prospects, the market faces several barriers:

  • High equipment costs and limited affordability in low-resource settings.
  • Shortage of specialized NICUs in developing regions.
  • Regulatory complexities in medical device approval and compliance.
  • Lack of trained neonatal healthcare personnel.
  • Sterilization challenges that heighten the risk of healthcare-associated infections.

Addressing these issues is essential to ensuring equitable access to quality neonatal and fetal care globally.

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Regional Insights

North America currently dominates the market, attributed to:

  • A high rate of premature births and neonatal abstinence syndrome (NAS).
  • Rising maternal mortality rates.
  • Lifestyle factors such as obesity, smoking, diabetes, and poor nutrition.
  • Strong infrastructure with well-equipped NICU facilities and advanced healthcare systems.

Meanwhile, the Asia-Pacific region is poised for robust growth due to:

  • Increasing hospital-acquired infections among newborns.
  • Expanding awareness and investment in fetal and neonatal health.
  • A large population base with significant numbers of preterm and low birth weight infants.

Competitive Landscape

The market features a mix of global and regional players driving innovation and expansion. Key companies include:
Atom Medical Corporation, Becton Dickinson, Cardinal Health, Covidien, Drägerwerk AG & Co. KGaA, Fisher & Paykel Healthcare, GE Healthcare, Inspiration Healthcare Group Plc, Koninklijke Philips N.V., Masimo, Medtronic, Natus Medical Incorporated, and Phoenix Medical Systems, among others.

About Us:

At Medi-Tech Insights, we are a global healthcare consulting firm committed to delivering premium insights and strategic solutions to help our clients navigate the complex and evolving healthcare landscape.

Our team combines deep industry expertise with data-driven market intelligence to provide actionable insights that enable smarter decisions and sustainable success.

With a strong focus on innovation, quality, and impact, Medi-Tech Insights has become a trusted partner for leading healthcare investors and corporates across the globe.

 

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