Neonatal Ventilators Market By Type (Intensive Care Ventilators, and Portable/Transportable Ventilators), By Application (Hospitals and Clinics, Home Care, Ambulatory Care Centers, and Emergency Medical Services (EMS)), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Neonatal Ventilators Market was valued at US$ 450.3 Million in 2024 and is projected to grow at a CAGR of 6.80% to reach US$ 871.8 Million by 2034.

Neonatal Ventilators or NICU ventilators are used in neonatal intensive care units and are very useful when premature or critically ill newborns have conditions such as respiratory arrest, small tidal volume, high airway resistance and rapid respiratory rate disorders.

The target market is segmented based on Type, Application, and Region.

Type Insight

On the basis of Type, the target market is segmented into Intensive Care Ventilators, and Portable/Transportable Ventilators.

Application Insight

On the basis of Application, the target market is segmented into Hospitals and Clinics, Home Care, Ambulatory Care Centers, and Emergency Medical Services (EMS).

Regional Insights:

On region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

North America market is estimated to witness a significantly high revenue share over the forecast period.

• Rising adoption of advanced medical technologies.
• Growing awareness regarding infant safety.
• Rising prevalence of preterm births & infants coupled with high respiratory disorders.
• Presence of major players and launch of new product.

Asia Pacific market is estimated to witness a fastest revenue share over the forecast period.

• Growing economic status/per capita income in emerging economies.
• Increased awareness about advanced neonatal ventilators.

eport Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034.

The key players operating the target market includes, Philips Healthcare, ResMed, Medtronic, Becton Dickinson, Getinge, Smiths Group, Hamilton Medical, GE Healthcare, Fisher & Paykel, and Air Liquide. 

The New Launched Product News,

• In November 2023, Inspiration Healthcare launched new specialist neonatal ventilator ‘SLE500’. The new launched neonatal ventilator is a compact respiratory support system which provides NIV (non-invasive ventilators) models to meet need of neonatal patients requiring respiratory support.
• In March 2022, Max Ventilator launched new multifunctional NIV (non-invasive ventilators) with inbuilt oxygen therapy, humidifier. The new launched device is designed for adult and neonatal care and thus, priced at just 25% of cost of traditional ventilators.