The Neonatal (Preterm) Infant Care Market was estimated at USD 3.25 billion in 2022 and is likely to grow at a CAGR of 6.74% during 2023-2028 to reach USD 4.85 billion in 2028.
Market Drivers:
A rise in the number of neonatal healthcare facilities around the world coupled with the surge in the number of premature newborns in both the developed and developing countries across the globe is expected to augment the market growth. Around 11% of the overall pregnancies lead to premature or early deliveries.