What is Infant Incubator Market?
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.
The market study is being classified by Type (Open Infant Incubator, Closed Infant Incubator and Transport or Portable Infant Incubator), by Application (Premature Birth, Breathing Issues, Infection, Jaundice, Long or Traumatic Delivery, Low Birth Weight and Others) and major geographies with country level break-up.
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 profiled in the study. Additionally, the Players which are also part of the research are Beijing Julongsanyou Technology Co Ltd. (China), GINEVRI srl (Italy) and Ertunc Özcan (Turkey).
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. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Infant Incubator market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Infant Incubator market by Type, Application and Region.
On 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rise in the Birth of Premature Infants
- Increased Infant and Child Morbidity and Mortality due to Premature Birth
- Development of New Hospitals in Developing Regions
Market Trend
- Rapid Advancements in the Infant Incubators
Restraints
- High Cost of Infant Incubator
Opportunities
- Growth in the Healthcare Sector Worldwide
- Increased Government Fundings for Improvement of Healthcare Facilities
Challenges
- Poor Healthcare Infrastructure in Underdeveloped Countries
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
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