Global Hospital Bassinet Market - 2022-2029

Global Hospital Bassinet Market - 2022-2029
Market Overview

The Hospital Bassinet Market size was valued US$ XX million in 2021 and is estimated to reach US$ XX million by 2029, growing at a CAGR of XX % during the forecast period (2022-2029).

A hospital bassinet is a basket-like object with free-standing legs specifically made for infants and medical personnel for use as a bed or handy place to store items for providing care. Most of these bassinets may be moved around, portable, elevated at either end or have lockable castor wheels. They come in vinyl mattresses, utility trays, strong wheeled frames, and molded acrylic designs. Bassinets contain additional safety measures, such as provisions to drop the sides outside of the cot, and are built of sturdy materials, including stainless steel. They must be exceedingly durable, shock and moisture resistant, and cleanable. They can be found with special coatings, patterns, or arrangements.

Market Dynamics

Innovations in the Hospital Bassinet are expected to drive market growth.

The newborn infants sleep in style at OSF HealthCare St. Joseph Medical Center's Birthing Center. The birthing center has acquired 15 brand-new HALO Bassinest Swivel Sleepers, a novel idea in the bassinet industry.

The HALO Bassinest has been specially created to ensure the baby has convenient, simple access from the bed. Perfect for mothers who have undergone a C-section or have physical limitations encouraging breastfeeding and mother-newborn attachment lessens the chance that infants will sustain injuries from unintentional drops, Create accessibility so that mothers may care for their children., Provide the infant with a private, secure sleeping area to promote healthy sleeping habits in the hospital and at home. Therefore, it has increased the demand for this innovative hospital bassinet. Thus, from the above statements, the market is expected to drive in the forecast period.

The high cost of the hospital bassinet is expected to hamper the market growth.

The Pedigo Stainless Steel Bassinet Stand With End-Mounted Drawe Construction is a dependable piece of furniture manufactured completely of stainless steel. End-mounted triple-ball, bearing, 3-inch swivel caster storage drawers are not an option for this stand since they may increase platform instability. Design enables a two-sided strategy. For about $868, the basket's two ends can be raised. Therefore, emerging countries may face difficulty adopting this type of hospital bassinet. Thus, the market is expected to get hampered in the forecast period.

Industry Analysis

The hospital bassinet market provides in-depth analysis of the market based on various industry factors such as porter’s five forces, reimbursement scenario, supply chain, pricing analysis etc.

COVID-19 Impact Analysis

The COVID-19 pandemic has moderately impacted healthcare systems and the market. Newborns can get COVID-19 during childbirth or exposure to sick caregivers after delivery. When taking care of the newborn, the person around should have clean hands and use a face mask that fits properly. While the mother is in the hospital, it is acceptable to have the baby's crib next to her bed, but she should, wherever possible, keep a respectable distance from the infant. When these measures are performed, there is little chance that a newborn may get COVID-19. Moreover, due to the COVID-19 public health emergency, the demand for hospital beds, stretchers, and mattresses has increased. Additionally, the pandemic interrupts the supply chain and process. Many companies will vary to other geographic regions to ensure that products remain available and protect their supply chain. Thus, from the above statements, the market got affected, and it is expected to gain traction quickly with the resumption of economic activities.

Segment Analysis

Height-adjustable Bassinets segment is expected to hold the largest market share in hospital bassinet market

The height-adjustable bassinets segment is expected to dominate in 2021. The segment benefits because the height-adjustable bassinets are safe and durable, skin-friendly and comfortable, strong and trustworthy, meticulous design, convenient storage, clear vision, flexible height, and quiet and stable. For instance, Shenzhen Comen Medical Instruments Co., Ltd. manufactures BC-107 Infant Bassinet, which is safer for sleep and easier to care. With height and tilting adjustment, BC-107 can provide easier access to infant care, like bottle feeding, diaper changes and blood tests without removing the baby. Moreover, its waterproof mattress has passed a strict biocompatibility test, ensuring the baby's safety and comfort. Therefore, it has increased the demand for height-adjustable bassinets. Thus, from the above statements, the market segment is expected to hold the largest market share in the forecast period.

Geographical Analysis

North America region holds the largest market share in the global hospital bassinet market

In 2021, North America accounted for the highest revenue share. The market players' innovation in the hospital bassinet, the increasing adoption of hospital bassinet and investment in the development of hospital bassinet in the region are some of the factors the market is expected to boost in the forecast period. For instance, A joint $2.5 million grant from the National Institute on Drug Abuse's Helping to End Addiction Long-term Initiative, or NIH HEAL Initiative, has been given to Tufts Medical Center and Prapela, an infant health company in Biddeford, Maine, to advance the development of the Prapela SVS Hospital Bassinet for the treatment of newborns with Neonatal Abstinence Syndrome (NAS)/Neonatal Opioid Withdrawal Syndrome (NOWS). Moreover, every 19 minutes, an infant in the US receives a NAS diagnosis. Tremors, respiratory issues, and hyperirritability are common withdrawal symptoms in newborns with NAS who are exposed to opioids during pregnancy. For NAS, there is no typical course of action. Hospitals and long-term care facilities are looking for drug-free alternatives for initial care and after-discharge baby comfort. Thus, from the above statements, the North American region is expected to hold the largest market share in the forecast period.

Competitive Landscape

Major key players in the hospital bassinet market are Fanem, Mobiclinic, Artsana USA, Inc., Pedigo, HI-LIFE TECHNOLOGY, Inmoclinc , Olidef , Universal Medical, Amico Corporation, MESPA.

Fanem:

Overview:

Fanem is engaged in manufacturing and marketing a wide range of medical and laboratory instruments. The company's product portfolio includes a Neonatal line (accessories and consumables, bassinets, humanized delivery beds, infant incubators, infant warmer and total care products, measuring tools, oxygen therapy products, phototherapy products, surgical aspirators, and transport incubators); Lab instruments (aspirators and compressors, centrifuges, distillers, germination and BOD chambers, heater boxes, hemato-immuno conservation chambers, homogenizers, laboratory incubators, soft chambers, stirrers and shakers, and water baths); and autoclaves. The company markets its products through a network of distributors in North America, Brazil, Latin America, Europe, the Middle East, Africa, India, Asia, and Oceania.

Product Portfolio:

007V OVAL BABY: The FANEM Hospital Bassinet model 007V OVAL BABY satisfies all criteria for transporting babies, using stationery, and is housed in a hospital setting. The device also features a lovely design that improves its ergonomics and makes it easier for operators to handle and care for babies.

The global hospital bassinet’ market report would provide an access to an approx. 45+market data table, 40+figures and 160pages.