Infant Incubator Market by Product (Hybrid Incubator, Normal Incubator, and Transport Incubator), Application (Neonatal Hypothermia & Low Birth Weight, Jaundice, and Others), and End User (Hospitals, Maternity Hospitals, and Neonatal & Pediatric Hospitals): Global Opportunity Analysis and Industry Forecast, 2021–2030
The global infant incubator market was valued at $ 1,31,700.76 thousand in 2020, and is projected to reach $ 2,49,057.22 thousand by 2030 registering a CAGR of 6.57% from 2021 to 2030.
An infant incubator or neonatal incubator is a device that has a rigid box-like enclosure in which a preterm infant is kept. This device provides a controlled environment for premature babies that warms infants by circulating heated air over the skin. The heat is then absorbed into the body by tissue conduction and blood convection. Ideally, both the skin and core temperatures should be maintained with only minor variations. Infant incubator is majorly available in two types, neonatal intensive care unit (NICU) incubator and transport infant incubator. The NICU incubator is equipped with a heating element, a water bath to add humidity, a fan for forced convection, an oxygen inlet, and access port for nursing care. Conversely, a transport infant incubator is used to transfer baby to different room of a hospital or even outside during an emergency.
The key factor that drives growth of the global infant incubator market include increase in birth rate of premature infants, owing to age of mother (more than 35 years) and lifestyle habits such as consumption of alcohol, smoking, and drug abuse. In addition, rise in need for installation of NICU units and increase in awareness among individuals regarding neonatal care supplement the global infant incubator market growth.
However, high cost of infant incubator and poor accessibility toward neonatal care in developing regions are expected to restrain the growth of the market. On the contrary, technological advancements in neonatal care devices are expected to offer lucrative opportunities for the growth of the market during the forecast period.
The global infant incubator market is segmented into product, application, end user, and region to provide a detailed assessment of the market. By product, the market is fragmented into hybrid incubator, normal incubator, and transport incubator. On the basis of application, it is segregated into neonatal hypothermia & low birth weight, jaundice, and others. Depending on end user, it is categorized into hospitals, maternity hospitals, and neonatal & pediatric hospitals. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the infant incubator market along with the current trends and future estimations to explain the imminent investment pockets.
A comprehensive analysis of the factors that drive and restrict the market growth is provided in the report.
Comprehensive quantitative analysis of the industry from 2020 to 2030 is provided to enable the stakeholders to capitalize on the prevailing market opportunities.
Extensive analysis of the key segments of the industry helps to understand the application and products of infant incubator used across the globe.
Key market players and their strategies have been analyzed to understand the competitive outlook of the market.
KEY MARKET SEGMENTS
By Product
Hybrid incubator
Normal incubator
Transport incubator
By Application
Neonatal hypothermia & low birth weight
Jaundice
Others
By End User
Hospitals
Maternity hospitals
Neonatal & pediatric hospitals
By Region
North America
U.S.
Canada
Europe
Germany
France
UK
Italy
Switzerland
Netherlands
Rest of Europe
Asia-Pacific
China
Thailand
Malaysia
Philippine
Pakistan
Bangladesh
Taiwan
Hong Kong
Singapore
Australia
Rest of Asia-Pacific
LAMEA
Nigeria
South Africa
Kenya
Egypt
Iraq
Saudi Arabia
Ghana
Mexico
Colombia
Argentina
Peru
Rest of LAMEA
LIST OF KEY PLAYERS PROFILED IN THE REPORT
Atom Medical Corporation
Bistos Co., Ltd.
Drägerwerk Ag
Fanem Ltd.
General Electric Company (GE Healthcare)
Medicor Elektronika Zrt.
Médipréma Group
Ningbo David Medical Device Co. Ltd.
Phoenix Medical System Pvt. Ltd
Zhengzhou Dison Instrument and Meter Co. Ltd.
List of Company Profiles
Atom Medical Corporation
Bistos Co., Ltd.
Drägerwerk Ag
Fanem Ltd.
General Electric Company (GE Healthcare)
Medicor Elektronika Zrt.
Médipréma Group
Ningbo David Medical Device Co. Ltd.
Phoenix Medical System Pvt. Ltd
Zhengzhou Dison Instrument
Meter Co. Ltd.
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