About Infant Incubator
It is estimated that 15 million infants are born prematurely around the globe, disproportionately affecting low and middle-income countries (LMIC). An Infant Incubator is a rigid box-like enclosure in which an infant can be kept in a controlled environment for observation and care, common to pediatric hospitals, birthing centers and neonatal intensive care units. This incubator includes a fan, a heater, a container for water to add humidity, a control valve through which oxygen may be added, and access ports for nursing care. There are many reasons due to which babies may need to be inside an incubator such as premature birth, breathing issues, infection, effects of gestational diabetes, jaundice, long or traumatic delivery, low birth weight and recovery from surgery.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.2% |
There are various companies that are operating in the new geographical regions by adopting various market growth initiatives such as mergers & acquisitions, expansions, investments, and others. There are various new market players are entering the market to capture market growth opportunities. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Infant Incubator market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
GE Healthcare (United States), Drägerwerk AG (Germany), Atom Medical (United States), Natus Medical Incorporated (United States), Fanem LTDA (Brazil), Mediprema (France), JW Medical Corporation (Korea), Cobams S.r.l. (Italy) and Weyer GmbH (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Beijing Julongsanyou Technology Co Ltd. (China), GINEVRI srl (Italy) and Ertunc Özcan (Turkey).
Segmentation Overview
AMA Research has segmented the market of Global Infant Incubator market by Type (Open Infant Incubator, Closed Infant Incubator, Normal Incubator and Transport or Portable Infant Incubator), Application (Premature Birth, Breathing Issues, Infection, Jaundice, Long or Traumatic Delivery, Low Birth Weight and Others) and Region.
On the basis of Type, Normal Incubator are dominating the market in the year 2023On the basis of application, Low Birth Weight segment is dominating the market in the year 2023On the basis of geography, the market of Infant Incubator has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End-user, the sub-segment i.e. Pediatric Hospitals will boost the Infant Incubator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rapid Advancements in the Infant Incubators
Market Growth Drivers:
Rise in the Birth of Premature Infants, Increased Infant and Child Morbidity and Mortality due to Premature Birth and Development of New Hospitals in Developing Regions
Challenges:
Poor Healthcare Infrastructure in Underdeveloped Countries
Restraints:
High Cost of Infant Incubator
Opportunities:
Growth in the Healthcare Sector Worldwide and Increased Government Fundings for Improvement of Healthcare Facilities
In November 2020, Natus Medical Incorporated, a leading provider of medical device solutions focused on the diagnosis and treatment of central nervous and sensory system disorders for patients of all ages, has announced the acquisition of Babybe GmbH and its patented remote mother to baby communication technology.
Key Target Audience
Infant Incubator Manufacturers, Distributors, Emerging Companies, Research Professionals and End-users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.