Is there a way to get notified if a form bounces and does not get delivered?

Is there a way to get notified if a form bounces and does not get delivered? 

Unfortunately that is not possible. However you can check email history log on your account to see if some Notifications failed to be sent. 

If the email address is in the bounce list you can remove it. 

How to Remove Your Email Address from Bounce List

Also this guide can help you to prevent bouncing:

How to Prevent Email Bouncing Related Issues

Why I am not Receiving Email Notifications?

Hope this will help. Let us know if you need further assistance.