Top 8 Neonatal Intensive Care Companies – Global Leaders in NICU Equipment
09 May, 2025

Neonatal Intensive Care is specialized medical treatment given to newborns who are premature, critically ill, or have complications at birth. Provided in Neonatal Intensive Care Units (NICUs), it involves sophisticated monitoring, respiratory therapy, and therapeutic interventions to stabilize and support infants through their earliest and most fragile periods of life.

The Neonatal Intensive Care Industry centers on sophisticated medical attention for premature and critically ill infants, helping treat conditions such as low birth weight and respiratory distress. Some of the main elements are neonatal ventilators, incubators, and monitoring systems. Market expansion is largely fueled by increasing preterm births, with the World Health Organization estimating approximately 15 million premature births every year. Advances in technology have boosted survival rates, and the adoption of smart technologies improves the quality of care.

Increasing healthcare expenditure, awareness among parents, and government programs are also driving the market for growth. Nevertheless, factors such as high setup costs and the lack of trained professionals, particularly in low-resource settings, might slow growth. The prospects for the Neonatal Intensive Care Market look bright, with continuous developments like AI surveillance and telemedicine integration to enhance care and access, especially in remote areas. The global market for neonatal intensive care was around US$ 3.68 billion in 2024 and is estimated to grow at a CAGR of 6.10% during the forecast period from 2025 to 2033, reaching an estimated US$ 6.27 billion by 2033.

Discover key trends, growth opportunities, and challenges shaping the Neonatal Intensive Care industry worldwide with Renub Research's latest market report. Get your free sample now

List of World's Leading Neonatal Intensive Care Companies

Masimo Corporation

Formation:1989

Headquarters: Irvine, California

Website: www.masimo.com

Masimo Corp is a California, Irvine-based medical technology company focusing on the manufacture, development, and marketing of medical devices, sensors, and non-invasive patient monitoring technologies with the intent of improving patient care. Some of its owned technologies include the Signal Extraction Technology (SET), meant to monitor life-threatening conditions, and the state-of-the-art rainbow SET platform. Masimo's product line includes patient monitors, pulse oximeters, central monitoring systems, specialty sensors, circuit boards, remote alarms, and global monitoring solutions. Masimo sells its products directly and through a worldwide network of distributors and original equipment manufacturers (OEMs) to hospitals, emergency medical services, home care providers, physician offices, veterinary clinics, long-term care facilities, and consumers. Masimo has a good global presence in North and South America, Europe, the Middle East, Africa, Asia, and Australia.

3M Company

Foundation: 1902

Headquarters: United States of America

Website: www.3m.com

3M Company (3M) is a producer and distributor of an expansive line of industrial products and solutions. Its diverse portfolio comprises advanced materials, display materials and systems, home care solutions, home improvement products, stationery and office supplies, personal safety equipment, roofing granules, closure and masking systems, and others.

Apart from products, 3M offers different solutions in medical care, dental care, consumer health care, food safety, and health information systems. The company caters to a wide range of industries, including automotive, electronics, healthcare, safety, energy, and consumer markets.

3M maintains converting and manufacturing plants in the Americas, Asia Pacific, Europe, the Middle East, and Africa. The company has its headquarters in St. Paul, Minnesota, USA.

Medtronic PLC

Establishment: 1949

Headquarters: Ireland

Website: www.medtronic.com

Revenue: US$32.4 Billion in 2023

Medtronic plc is a global medical technology corporation that deals in the designing, developing, producing, and selling of medical devices and solutions. Its main operations involve research, design, production, and sale of biomedical engineering products. Medtronic is involved in the production of a variety of products used for the treatment of heart valve diseases, heart failure, coronary artery disease, aortic and peripheral vascular disease, venous, renal, neurological disease, and spine and musculoskeletal disorders. The company also has biological products for orthopedic and dental applications.

Medtronic markets its products to hospitals, third-party health care providers, clinics, government health care programs, distributors, and group purchasing organizations in the Asia Pacific, Europe, Americas, Middle East, and Africa.

Koninklijke Philips N.V

Year of establishment: 1891

Headquartered in: Netherlands

Website: www.philips.com

Koninklijke Philips NV (Philips) is a diversified technology firm that designs and produces medical systems and consumer electronics. Philips sells products in a number of its fields of focus, ranging from precision diagnosis to image-guided therapy, monitoring, enterprise informatics, sleep and respiratory care, and personal health.

Philips' main products and services are X-ray and fluoroscopy systems, magnetic resonance imaging (MRI) systems, computed tomography (CT) systems, combined interventional X-ray systems, image-guided therapy systems, and intracardiac echocardiography (ICE) catheters. The company also offers hospital patient monitoring systems, ambulatory monitoring and diagnostic systems, and consumer products like battery-powered toothbrushes, brush heads, breast pumps, baby bottles, sterilizers, groomers, trimmers, and hair clippers.

Philips operates for healthcare providers, patients, and consumers in different industries in Europe, North America, and Asia.

Siemens Healthcare Gmbh

Establishment: 2014

Headquarters: Germany

Website: www.siemens-healthineers.com

Siemens Healthineers AG is a subsidiary of Siemens AG, a medical technology firm that designs and manufactures diagnostic and therapeutic solutions, such as imaging systems and in-vitro diagnostics. Its main products are molecular imaging, X-ray, ultrasound, computed tomography, magnetic resonance imaging systems, and point-of-care testing. It has a broad customer base that spans hospitals, laboratories, and pharmaceutical companies, and is present globally across Europe, the Americas, the Middle East, Africa, and Asia-Pacific.

Terumo Corporation

Formation: 1921

Headquarters: Japan

Website: https://www.terumo.com/

Terumo Corporation is a leading medical technology firm with expertise in manufacturing and selling a broad range of medical products and equipment. Terumo's major areas of concentration include vascular intervention, cardio-surgical solutions, blood transfusion technology, cell therapy, and basic tools for everyday clinical activities. Terumo's diverse portfolio of products includes pharmaceuticals, blood bags, disposable medical products, cardiovascular systems, vascular grafts, peritoneal dialysis solutions, blood glucose monitoring solutions, medical electronics, and digital thermometers. The group has a number of specialized divisions that include Terumo Interventional Systems, MicroVention, Terumo Cardiovascular, and Terumo Aortic.

Terumo's products are used by medical professionals in a wide range of medical settings, enabling applications from cardiac surgery to diabetes care. The company also has an international footprint, with subsidiaries and associate companies in Europe, North America, South America, Asia Pacific, the Middle East, and Africa.

Angio Dynamics

Formation: 1988

Headquarters: United States

Website: https://www.angiodynamics.com/

AngioDynamics Inc designs, manufactures, and distributes minimally invasive and image-guided therapeutic and diagnostic devices. Its product range comprises vascular products, radiofrequency ablation systems, and dialysis, angioplasty, thrombolysis, and embolization devices. These devices are utilized in interventional radiology, cardiology, and cancer treatment. AngioDynamics distributes its products using a direct sales force in the US and distributors worldwide.

Drägerwerk AG & Co. KGaA

Formation: 1889

Headquarters: Germany

Website: www.draeger.com

Dragerwerk AG & Co KGaA is a medical equipment and safety technology firm dealing with solutions for acute care, emergency care, critical care, and home care. It also manufactures diving gear, alcohol and drug testers, and safety solutions. Dragerwerk has its facilities in Germany, Lithuania, Norway, China, and other nations and operates through sales and service subsidiaries in the world.