Global Medical Baby Monitoring Device Market Overview:
Medical Baby Monitoring Device is an electronic device consisting of a one-way radio or video transmitter with a portable receiver for remotely listening to or observing an otherwise unattended child A baby monitor is also termed as a baby alarm. The audio monitor comprises a transmitter unit, with a microphone, placed near the child. It transmits the sounds by radio waves to a receiver unit with a speaker near the person caring for the infant. A video monitor is used to display images on the receiver, on a compact LCD screen or by plugging the receiver into a television. This type of surveillance camera is also known as a baby cam
- Surge in the usage of wireless baby monitors
- New inventions & technological development
- Fierce Competitive Pressure
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Angelcare (United States), Motorola Solutions (United States), Summer Infant (United States), Snuza (United States), Philips (Netherlands), Samsung (South Korea), Sony (Japan), Infant Optics (United States), Levana (Canada) and Newell Brands (United States). Additionally, following companies can also be profiled that are part of our coverage like Lorex Technology (Canada), iBaby (United States), Withings (France) and Hisense (Australia). Analyst at AMA Research see United States Players to retain maximum share of Global Medical Baby Monitoring Device market by 2026. Considering Market by Connectivity, the sub-segment i.e. Wired will boost the Medical Baby Monitoring Device market. Considering Market by Hardware, the sub-segment i.e. Camera will boost the Medical Baby Monitoring Device market.
Latest Market Insights:
On 13 March 2017 GE Healthcare announced that it is expanding its Maternal-Infant Care business with the acquisition of Monica Healthcare, a monitoring technology company based in the United Kingdom. This acquisition (price not disclosed) enhances GE Healthcare’s mobile and digital offerings by providing clinicians and patients around the world with more innovative solutions for labor, delivery, and home care
On 24 April 2021 Miku unveils the Miku Pro Smart Baby Monitor, designed to connect parents to their little ones in a unique way. The product features Miku’s proprietary SensorFusion technology, clinically tested to track breathing and sleeping patterns with no physical contact, delivering safety and accuracy.
What Can be Explored with the Medical Baby Monitoring Device Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Medical Baby Monitoring Device Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Medical Baby Monitoring Device
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Medical Baby Monitoring Device market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Medical Baby Monitoring Device market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Medical Baby Monitoring Device provider, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Medical Baby Monitoring Device Market?
The Medical Baby Monitoring Device market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Medical Baby Monitoring Device Market?
Top performing companies in the Global Medical Baby Monitoring Device market are Angelcare (United States), Motorola Solutions (United States), Summer Infant (United States), Snuza (United States), Philips (Netherlands), Samsung (South Korea), Sony (Japan), Infant Optics (United States), Levana (Canada) and Newell Brands (United States), to name a few.
3. What trending factors would impact Medical Baby Monitoring Device Market growth most?
"Increasing penetration of Internet Baby Monitor, audio baby monitor, and audio baby monitor" is seen as one of major influencing trends for Medical Baby Monitoring Device Market during projected period 2020-2026.