Global Mother and Child Healthcare Market Insights Forecasts to 2033

• The Global Mother and Child Healthcare Market Size was Valued at USD 723.67 Billion in 2023
• The Market Size is Growing at a CAGR of 11.28% from 2023 to 2033
• The Worldwide Global Mother and Child Healthcare Market Size is Expected to Reach USD 2106.78 Billion by 2033
• North America is Expected to Grow the fastest during the forecast period.

The Mother and Child Healthcare Market Size is Anticipated to Exceed USD 2106.78 Billion by 2033, Growing at a CAGR of 11.28% from 2023 to 2033. The mother and child healthcare market growth includes an increase in the adoption of mother and child healthcare services. Moreover, the willingness among parents to seek opinions from super-specialists drives the growth of the mother and child healthcare market.

MOTHER AND CHILD HEALTHCARE MARKET REPORT OVERVIEW

Mother and child healthcare is the health service provided to mothers (women in their childbearing age) and children. All women in their reproductive age groups, such as those between the ages of 15 and 49, children, people in school age groups, and teenagers, are the goals for mother and child healthcare. Maternal and child health care is becoming more and more important around the world, especially in developing nations. Mothers and children make up over 2/3 of the whole population. Women of reproductive age (15–49) constitute 21%, pregnant women, 4.5%, children under 15 (47%), children under 5 (18%), children under 3 (12%), and infants (4%.). The main factor supporting the development of the mother and child healthcare market is an increase in the use of healthcare services.

Health care programs' primary objectives are mother and child healthcare services. The WHO states that "promoting, preventing, therapeutic, or rehabilitation facility or care for mother and child" essentially is meant to be provided by mother and child healthcare services. In addition, there is an increasing awareness of health issues. However, due to insufficient access to health care and a lack of understanding, the majority of developing nations are unable to achieve the desired goals of lowering child and maternal mortality. In October 2023, by collaborating, we could have raised the bar for maternity and pediatric healthcare and guaranteed that every woman and child in the state got the best possible care.

Report Coverage

This research report categorizes the market for the mother and child healthcare market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the mother and child healthcare market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the mother and child healthcare market.

DRIVING FACTORS:  

“Increased assistance to expectant mothers in healthcare services”

The key element accelerating the growth and demand of the maternal health market is the government's increased assistance to expectant mothers for the benefit of both mother and child.  Additionally, the market's expansion is being aided by the quick rise in emergency referral systems, maternal death audits, and improvements in government and the administration of health services. The significant factor influencing the growth rate of the maternal health market is the rising healthcare expenditure, which helps improve its infrastructure. Moreover, several government agencies aim to enhance the healthcare system through increased funding, which would further impact the dynamics of the market.

 “Growing concerns about maternal health benefits”

The market growth is also being supported by the rising number of pregnant women and the growing customer awareness of the benefits of maternal health. The maternal health market will continue to develop and present substantial growth prospects for the industry due to the rapid advancements in healthcare products, rising birth rates, and rising disposable income.

RESTRAINING FACTORS:

“Problem of Services in Remote Areas”

In rural areas, maternal morbidity and mortality are serious public health problems. One of the most efficient ways to lower maternal mortality and morbidity is to increase pregnant women's access to prenatal care (ANC) services. In addition, maternity care is becoming more limited in rural areas. There are barely half as many practicing obstetricians and gynecologists (OB/GYNs) in rural countries. In addition to increasing the risk of maternal death multiple times throughout pregnancy, inadequate prenatal care also increases the mortality rate of newborns. Because there are few OB/GYNs in rural areas, postpartum care is also inaccessible to rural women. Given that one-third of maternal deaths occur between one week and a year after giving birth, this is concerning. Thus, the issue of services in rural areas hinders market expansion.

Market Segmentation

The mother and child healthcare market share is classified into services, maternal age, and end user.

Which segment is expected to hold the largest share of the mother and child healthcare market during the forecast period?

“The postnatal services segment dominates the market with the highest market share over the forecast period”

Based on the product, the mother and child healthcare market is categorized into birthing services, fertility services, postnatal services, prenatal services, and others. The postnatal service has the highest market share in pregnant women are offered respectful, customized, person-centered care at every interaction under the WHO-proposed ANC (antenatal care) model. This model guarantees that each interaction includes efficient, integrated clinical practices (interventions and tests), timely and pertinent information, and psychosocial and emotional support. Additionally, a new ANC model improves communication between healthcare practitioners and expectant mothers, increases the likelihood of successful pregnancy outcomes, and increases maternal and fetal evaluations to detect abnormalities. Hence, this advancement in postnatal care service further drives the market growth.

Which segment is expected to grow the fastest CAGR in the mother and child healthcare market during the forecast period?

“The 21 to 30 segment is expected to grow the market with the fastest CAGR over the forecast period”

Based on the maternal age, the mother and child healthcare market is categorized into under 20, 21 to 30, 31 to 38, 39, and above. The age of 21 to 30 is estimated to grow during the forecast period. At the time they reach puberty and begin their periods until menopause, women are capable of getting pregnant and giving birth. Furthermore, the typical reproductive age of a woman is between 12 and 51 years old. Decreases in fertility can increase the risk of pregnancy complications and make it difficult to conceive and start a family later in life. The late 20s and early 30s are the best age range to become pregnant. This age range is associated with the best outcomes for both mother and child.

Why hospitals are Preferred over nursing homes & clinics, in-home services, online, and others?

“Advanced medical technologies and competent healthcare experts”

Based on the end user, the mother and child healthcare market is categorized into nursing homes & clinics, hospitals, in-home services, online, and others. Hospitals provide maternity wards, labor, and delivery units, pediatric departments, neonatal intensive care units (NICUs), and child healthcare clinics are just a few of the specialized services and facilities. Advanced medical technologies and competent healthcare experts, including obstetricians, gynecologists, pediatricians, neonatologists, and nurses with specialized training in mother and child health, staff these facilities. Pregnancy care, delivery services, postpartum care, pediatric consultations, immunizations, and treatment for pediatric ailments and injuries are all crucially provided by hospitals. Hospitals utilize highly qualified staff who use cutting-edge equipment. As a result, it will be an essential component of market growth in the future years.

Regional Segment Analysis of the Mother and Child Healthcare Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Which region is expected to hold the largest share of the mother and child healthcare market over the forecast period?

Asia Pacific is anticipated to hold the largest share of the mother and child healthcare market over the forecast period.

The presence of a developed healthcare infrastructure allows Asia Pacific to hold a dominant share of the global mother and child healthcare market during the projected timeframe. Asia-Pacific is projected to account for the highest share of the mother and child healthcare market during the forecast period. The market for the region is rapidly growing in the coming years due to a lack of super-specialty care facilities, rising parent willingness to consult super-specialists, expanding access to developed healthcare infrastructure, and ongoing research efforts aimed at developing cutting-edge services and technologies in the area. The Asia-Pacific mother and child healthcare industry is anticipated to be greatly impacted by rising death rates, an increase in the trend of late pregnancies, a spike in IVF success rates, and an increase in disposable income in the area. In India, a woman dies giving birth every eight minutes, or around 56,000 times a year.

 Which region is expected to grow the fastest CAGR in the mother and child healthcare market during the forecast period?

“The North America region is expected to grow in the mother and child healthcare market with the fastest CAGR over the forecast period”

In North America mother and child healthcare industry is expected to grow at the current rate during the anticipated period. The mother-child healthcare market in North America is anticipated to expand since the U.S. Agency for International Development announced its new frameworks to prevent maternal and child deaths. The United States government invests the largest amount of money in the healthcare industry to develop antenatal care centers, emergency care centers, and prenatal and postnatal care centers in the region's remote areas, as well as to improve infrastructure and offer cutting-edge and innovative mother-child healthcare products. These factors are expected to drive the region’s Mother Child Healthcare Industry during the forecast. Due to its large population, rising awareness of maternity services and fertility treatments, the increasing popularity of in vitro fertilization (IVF) in the United States, the rate of infertility, technological developments, and the trend of postponed pregnancies, North America presents the lucrative potential for companies in the mother and child healthcare sector. Additionally, it is anticipated that a rise in the trend of women deferring having children will support market growth.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the mother and child healthcare market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Johnson & Johnson Private Limited
• Siemens
• Fuji Latex Co
• Okamoto Industries Inc.
• Agile Therapeutics
• SYNAPSE Product Development
• RAND Corporation
• McKinsey & Company
• Reckitt Benckiser Group Plc
• Sanofi
• International Federation of Pharmaceutical Manufacturers & Associations
• Merck & Co., Inc.
• MedTech Boston
• Jiovio Healthcare
• Others

Recent Developments

• In March 2024, Arrowhead Regional Medical Center (ARMC) was listed as a “Birthing-Friendly” hospital for its commitment to providing evidence-based, high-quality maternity care to women and their families in the Inland Empire.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the mother and child healthcare market based on the below-mentioned segments: 

Mother and Child Healthcare Market, By Services

• Birthing Services
• Fertility Services
• Postnatal Services
• Prenatal Services
• Others

Mother and Child Healthcare Market, By Maternal Age

• Under 20
• 21 to 30
• 31 to 38
• 39 and above

Mother and Child Healthcare Market, By End User

• Nursing Homes & Clinics
• Hospitals
• In-Home Services
• Online
• Others

Mother and Child Healthcare Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa