Neonatal Ventilators Market - By Product (Invasive, Non-Invasive Ventilation), Mobility (Intensive Care, Portable/Transportable), Technology (Mechanical, High Frequency, Hybrid), Mode (Pressure, Combined, Volume), End-use, Global Forecast (2023 – 2032)

Neonatal Ventilators Market Size

Neonatal Ventilators Market size was valued at around USD 361.6 million in 2022 and is estimated to reach over USD 547.8 million by 2032. The Increasing number of newborn babies, the high mortality rate in developing economies, and technological advancements in neonatal ventilators among others is projected to boost the market progress.

For instance, as per the World Health Organization, an estimated 13.4 million babies were born preterm in 2020. This substantial rise in number of preterm births with respiratory disorders along with increasing neonatal mortality rates is set to drive the adoption of neonatal ventilators to provide breathing assistance, thereby fuelling the market growth.

Neonatal ventilators refer to specialized medical devices designed to provide mechanical respiratory support to newborn infants, particularly premature babies with respiratory problems. These ventilators are crucial for maintaining adequate oxygen levels, assisting with breathing, and supporting the respiratory development of neonates.

However, the high cost associated with neonatal ventilators may obstruct the segment revenue. The price range for neonatal ventilators can vary depending on various factors such as the brand, quality, technology, and additional features. For instance, neonatal ventilators cost around USD 15,000 to USD 20,000, while more advanced non-invasive models can cost significantly more. Furthermore, the lack of required infrastructure to operate ventilators in many emerging nations has been a concern.

COVID-19 Impact

The COVID-19 pandemic positively influenced the neonatal ventilators market revenue leading to a surge in the use of neonatal ventilators for COVID-19 neonatal patients around the world during the pandemic. The pandemic underscored the importance of neonatal care and the need to maintain the standard of care for neonates, even during a global health crisis. Neonatal ventilators remained crucial in managing respiratory conditions in newborns. Moreover, major market players invested in distributing and developing as many ventilators as possible across the globe, owing to the high demand for neonatal ventilators in many regions. As a result, the pandemic had a substantial positive impact on the market expansion.

Neonatal Ventilators Market Trends

Rising advancements in neonatal ventilators intended to improve the comfort, safety, and overall well-being of neonates suffering from respiratory disorders will spur business growth. Modern neonatal ventilators come equipped with unique features such as an advanced microprocessor, touchscreen interface, advanced monitoring, and non-invasive ventilation among others.
 

• The integration of advanced microprocessor-based control systems that allow for precise and customizable ventilation settings provides healthcare professionals with the ability to tailor ventilation to the specific needs of each neonate, ensuring optimal respiratory support. Similarly, advanced monitoring systems that continuously track vital parameters, such as oxygen saturation, end-tidal CO2, and airway pressure alarms, and notify healthcare providers of potential issues.
   
• Moreover, advances in neonatal ventilator technology have led to the development of non-invasive ventilation modes, allowing for respiratory support through nasal interfaces and reducing the need for endotracheal intubation.
   
• Furthermore, market players are also emphasizing the development of more technologically advanced neonatal ventilators. These advancements improve the overall functionality, safety, and efficiency of neonatal ventilators, contributing to better outcomes for neonates with respiratory challenges.
   

Neonatal Ventilators Market Analysis

Based on product, the market is segmented as invasive ventilation and non-invasive ventilation. The invasive ventilation segment held the dominant market share in 2022 and was valued at over USD 249.1 million. This dominant market share is attributable to the high frequency use of invasive systems such as mechanical ventilators in intensive care units.
 

• Invasive ventilators are mostly used inside intensive care units and hospitals and are not movable. These ventilators are the preferred choice when newborn infants experience severe respiratory distress, such as respiratory distress syndrome (RDS) or meconium aspiration syndrome. In these cases, invasive ventilation ensures that the infant receives the precise levels of oxygen and ventilation necessary for survival.
  
   
• However, adoption of non-invasive steadily increasing owing to its less intrusive, gentler approach to respiratory support for newborn infants, and reduced risk of ventilator-associated complications. Manufacturers are focusing on novel products that help reduce the risk associated with critical care devices including neonatal ventilation. As a result, the abovementioned are potential factors contributing to the increasing segment growth.

Based on mobility, the neonatal ventilators market is segmented as intensive care ventilators and portable/transportable ventilators. The intensive care ventilators accounted for a dominant market share in 2022 and were valued at over USD 222.7 million. This highest market share is due to an increase in the number of preterm births leading to a rise in complications for infants.
 

• According to the World Health Organization, preterm birth complications are the leading cause of death among children under 5 years of age, responsible for approximately 900,000 deaths in 2019.
   
• Moreover, intensive care ventilators offer advanced monitoring capabilities, allowing healthcare providers to continuously assess parameters such as tidal volume, end-tidal CO2, and airway pressures. This level of monitoring is critical for neonates in the ICU, where close observation is essential.

Based on technology, the neonatal ventilators market is segmented into mechanical ventilators, high frequency ventilators, volume targeted ventilators, and hybrid ventilators. The high frequency ventilators segment held a significant market share in 2022 and was valued at around USD 109.1 million.

• This significant market share can be attributed to several factors such as improved oxygenation, minimized lung injury, and gentle ventilation among others. The low tidal volumes and high frequencies of these ventilators help protect the delicate lung tissue of neonates, reducing the risk of lung injury.
  
   
• Moreover, high-frequency ventilators deliver tiny, rapid breaths of gas at a rate much higher than conventional ventilators. This gentle approach minimizes the risk of barotrauma and volutrauma, which can be particularly detrimental to neonatal lungs. Overall, the increasing demand for high frequency ventilators in healthcare settings is driven by safety, effectiveness, and reduced risk of injury to infants among others.

Based on mode, the neonatal ventilators market is segmented into pressure mode ventilation, combined mode ventilation, volume mode ventilation, and other modes. The combined mode ventilation segment held a dominant market share in 2022 and was valued at around USD 149 million.

• This dominant market share can be attributed to several factors such as tailored ventilation, optimized oxygenation, and enhanced synchrony among others. Combined mode ventilation allows healthcare providers to customize ventilation settings to meet the specific needs of individual patients. It offers flexibility by incorporating the advantages of multiple ventilation modes, making it adaptable to a wide range of respiratory conditions.
   
• Similarly, a combined ventilation approach can help optimize oxygenation by allowing healthcare providers to adjust inspiratory pressures, respiratory rates, and other parameters to achieve target oxygen levels. Hence, recent advancements in neonatal infant care and ventilation will boost the market size.

Based on end-use, the neonatal ventilators market is segmented into hospitals, clinics, ambulatory surgical centers, and other end-users. The hospital segment is projected to reach more than USD 372 million by 2032. A significant proportion of births happen in hospital settings; thus, the demand for ventilators is highest.
 

• Moreover, hospitals handle a significant number of premature births, and preterm infants often require respiratory support due to underdeveloped lungs making neonatal ventilators essential for these infants.
   
• Furthermore, advanced healthcare infrastructure is projected to stimulate the precise monitoring & treatment rate at hospitals. As a result, accessibility to an effective treatment procedure coupled with the rising prevalence of premature births will boost and propel the segment revenue.

The U.S. dominated the North America neonatal ventilators market with a significant market share in 2022 and is anticipated to expand at a considerable pace to reach around USD 201 million by 2032. This dominant market share is owing to an increase in awareness regarding infant safety, rising healthcare expenditure, adoption of advanced technologies, and a favourable regulatory environment among others.

• The U.S. has a substantial neonatal population, and the prevalence of preterm births and infants with respiratory issues is relatively high. According to the Centers for Disease Control and Prevention, in 2021, preterm birth affected about 1 of every 10 infants born in the United States. This increases the demand for neonatal ventilators in the region.
   
• Moreover, the presence of prominent players engaged in new product development & and commercialization facilitates the industrial expansion in the country. Thus, the above-mentioned variables would augment the business growth in the U.S.
   

Neonatal Ventilators Market Share

The neonatal ventilators industry is consolidated in nature, with major companies competing to offer superior neonatal ventilators in this business space. Prominent players such as Getinge Group hold a notable share in this market. These companies are diligently directing their efforts towards continuous product innovation to gain substantial company market share. For instance, Getinge received clearance from the U.S. FDA for several new software options for the Servo-u and Servo-n ventilators. This includes several new functionalities and options across all patient categories – adult, pediatric and neonatal.
 

Some of the major market players operating in the neonatal ventilators industry are:

• Air Liquide
• Becton Dickinson
• Breas Medical
• Drägerwerk AG & Co. KGaA
• GE Healthcare
• HAMILTON MEDICAL
• Koninklijke Philips N.V
• Getinge Group
• Medtronic plc
• ICU Medical

Major market players are adopting strategic formulations such as forward integration, new product development, geographical expansion, and research collaborations to garner maximum industry share and promote company growth.

Neonatal ventilators Industry News:

• In January 2022, ICU Medical Inc. announced that it has completed its acquisition of Smiths Medical from Smiths Group plc. The Smiths Medical business includes vital care products such as paraPAC Plus neonatal ventilator. This acquisition may help the company to acquire enhanced product portfolio and customer base
   
• In June 2020, Dräger launched the new Evita V600 and V800 ventilators designed to support daily clinical tasks in the ICU. Both ventilators combine high performance ventilation with an aesthetic design, enabling quick and efficient operation from the first onset of lung protective ventilation until the integration of a patient care-centered intensive care workplace. This product launch helped the company strengthen its market position significantly.
   

Neonatal ventilators market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD (million) from 2018 to 2032 for the following segments:

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By Product, 2018 - 2032 (USD Million)

• Invasive ventilation
• Non-invasive ventilation

By Mobility, 2018 - 2032 (USD Million)

• Intensive care ventilators 
• Portable/Transportable ventilators

By Technology, 2018 - 2032 (USD Million)

• Mechanical ventilators 
• High frequency ventilators 
• Volume targeted ventilators 
• Hybrid ventilators 

By Mode, 2018 - 2032 (USD Million)

• Pressure mode ventilation
• Combined mode ventilation
• Volume mode ventilation
• Other modes

By End-use, 2018 - 2032 (USD Million)

• Hospitals
• Clinics
• Ambulatory surgical centers
• Other end-users

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa
  • South Africa
  • Saudi Arabia