Industry Background:
Baby warmer devices, also called neonatal warming equipment, offers heat to babies suffering from severe heat loss. The body surface area of babies is large as compared to volume and they have very little fat content in their body. While in most cases basic clothing and mother’s warmth would suffice to complement the heat produced in the body of a healthy new born baby, for premature babies and those suffering from debilitating conditions, artificial heat needs to be provided to ensure proper bodily functions of the baby and is crucial for its survival.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Datex Ohmeda Ltd. (United States), GE Healthcare (United States), Dragerwerk AG (Germany), Ibis Medical Equipment & Systems Pvt. Ltd. (India), Fisher & Paykel Healthcare Limited (New Zealand), International Biomedical (United States), Natus Medical Incorporated (United States), Warmilu, LLC (United States), Smiths Medical (United States) and Koninklijke Philips N.V. (Netheralnds) |
This growth is primarily driven by Increase in the Rate of Preterm Births and High Efficiency of These Devices.
Globally, a noticeable market trend is evident Use of Baby Warming Devices in Complications Related to Pregnancy leading to an Increase in Fetal & Neonatal Mortality Rates The Medical Devices sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Datex Ohmeda Ltd. (United States), GE Healthcare (United States), Dragerwerk AG (Germany), Ibis Medical Equipment & Systems Pvt. Ltd. (India), Fisher & Paykel Healthcare Limited (New Zealand), International Biomedical (United States), Natus Medical Incorporated (United States), Warmilu, LLC (United States), Smiths Medical (United States) and Koninklijke Philips N.V. (Netheralnds), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. This market offers vendors numerous opportunities to grow and is characterized by the presence of many global and regional suppliers. To increase revenues, many local and regional suppliers have started collaborating with global vendors to improve their market traction and geographical coverage. Additionally, the recent increase in product extensions and M&A activities will intensify the level of competition in the market.
Key Developments in the Market:
A deal to buy IMACTIS, a French business that develops computed tomography (CT) interventional guidance technology, was announced by GE HealthCare
On 12th August 2020, Warmilu & VIA Global Health partnership brings life-saving warmth to babies born in over 60 countries throughout Africa, Asia, and Latin America. This expands beyond Warmilu’s previous reach of 8,500 infants served by 35 hospitals in 15 countries
Influencing Trend:
Use of Baby Warming Devices in Complications Related to Pregnancy leading to an Increase in Fetal & Neonatal Mortality Rates
Market Growth Drivers:
Increase in the Rate of Preterm Births and High Efficiency of These Devices
Challenges:
Lack of Awareness about the Pregnancy-related Complications
Restraints:
High Cost Associated with the Baby Warming Devices
Opportunities:
Growth in Demand for the Development of Portable Baby Warming Devices and High Demand due to Proactive Initiatives taken by the Government to Improve Maternal & Child Health in the Developing Economies
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Baby Warming Devices Market
- Analysis about New Entrants in Baby Warming Devices Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Baby Warming Devices Study Sheds Light on
The Baby Warming Devices Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Baby Warming Devices industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Baby Warming Devices industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.