Baby Warming Devices Market Definition
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.
The market study is broken down by Type (Portables, Stand-alone and Convertible), by Application (Hospitals, Mobile Medical Units, House and Others) and major geographies with country level splits.
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.
AVI Healthcare, Datex Ohmeda Ltd., GE Healthcare, Drägerwerk AG, Ibis Medical Equipment & Systems Pvt. Ltd., Fisher & Paykel Healthcare Limited, International Biomedical, Natus Medical Incorporated, Smiths Medical and Koninklijke Philips N.V. are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Phoenix Medical Systems Pvt. Ltd..
AdvanceMarketAnalytics has segmented the market of Global Baby Warming Devices market by Type, Application and Region.
On the basis of geography, the market of Baby Warming Devices 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). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Products, the sub-segment i.e. Phototherapy Units will boost the Baby Warming Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online Sales Channel will boost the Baby Warming Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- complications related to pregnancy leading to increase in fetal & neonatal mortality rates
- increase in the rate of preterm births
- high efficiency of these devices.
- growth in demand for the development of portable baby warming devices High Demand due to proactive initiatives taken by government to improve maternal & child health in the developing economies
- high cost of these devices
- lack of awareness about the pregnancy-related complications
Key Target AudienceGovernment Regulatory Bodies, Government Research Organization, Private Research Organizations and Others
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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