Neonatal Infant Care Market Size, Share, Growth Analysis, By Product Type(Infant Warmers, Convertible Warmer & Incubators, Neonatal Monitoring Devices, Respiratory Equipment), By Technology(Thermoregulation Devices, Monitoring Systems, Hearing Screening Devices, Vision Screening Equipment), By End-user(Hospitals, Diagnostic Centers, Pediatric, Neonatal Clinics), By Region - Industry Forecast 2024-2031

Global Neonatal Infant Care Market size was valued at USD 641.13 million in 2019 and is poised to grow from USD 698.5 million in 2023 to USD 1400 million by 2031, growing at a CAGR of 8.83% in the forecast period (2024-2031).

Premature birth or Neonatal birth is a condition when the baby is born weeks before the gestation period of 37 weeks. This care is provided to the premature baby after delivery for around 4 weeks as the baby has health concerns like the ease of breathing, gaining weight, and other important care for survival and always preferred to be kept in the neonatal infant care unit for the given period. During this period in the neonatal infant care unit, the baby is intensively taken care of and monitored through equipment like phototherapy equipment, incubators, respiratory assistance, and monitoring devices. This is done until a premature baby turned into a mature one with all organs and body functions working properly that eliminating abnormality in the baby. With technological advancements and investments in developing highly effective products, the neonatal infant care market is expected to show tremendous growth during the analysis period.

US Neonatal Infant Care Market is poised to grow at a sustainable CAGR for the next forecast year.