The Infant Incubator Market is segmented by Product Type (Normal, Hybrid, and Transport), by Application Type (Neonatal Hypothermia, Lower Birth Weight, Jaundice, Genetic Defects, and Others), byEnd-User Type (Pediatric Hospitals, Birthing Centres, Neonatal Intensive Care Units, and Others) and by Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The UK, Russia, and Rest of Europe], Asia-Pacific [China, Japan, India, South Korea, and Rest of Asia-Pacific], and Rest of the World [Brazil, Saudi Arabia, Israel, and Others]).
The Infant Incubator Market is segmented by Product Type...
A baby incubator is a controlled atmosphere machine shaped like a trolley for newborns. The machine provides a clean and shielded environment for babies from noise, dust, and various infections. The box-like structure may include a fan, a control valve, and access ports.
Market Drivers
The demand for infant incubators is rising owing to various factors such as increasing birth rates of premature babies, rise in chronic diseases, and rising investments in healthcare infrastructure among others, whereas the high cost of infant incubators is hindering the overall market growth over the study period.
Rising birth rates of premature babies
An increase in the birth rate of premature babies significantly increases the demand for NICU units. Medical advancements for premature infants and increased access to ongoing advancements for neonatal care across the sector boost the overall market growth over the study period. The market witnesses a wide range of availability of incubators in various sizes and equipped with advanced technologies. This factor adds up to the market growth for the forecast period. Also, critical pregnancies in which the mother is suffering from infectious and chronic illnesses, diabetes, and high blood pressure among other critical diseases contribute to the increasing demand for infant incubators across the globe throughout the forecast period.
Development of healthcare infrastructure
Another significant factor impacting the growth of the global infant incubator market is increasing healthcare expenditure which helps boost the overall availability of medical equipment in hospitals and other medical centers. Moreover, government organizations across the world are focusing on improving the healthcare infrastructure across the country by infusing funds and favorable investment policies.
COVID-19 Impact
COVID-19 harmed the neonatal incubator or infant incubator industry in the year 2020. As per the research, the infant incubator market rebounded in 2021 and is estimated to continue the steady growth over the forecast period. The pandemic has hindered operations across the healthcare industry at the global level. Various market players present in the infant incubator industry have been forced to temporarily halt their operations due to prolonged lockdown owing to the rapid spread of disease during 2020-2021.
Recent Developments
Companies focusing on gaining a significant market share in the global marketplace. In the process, companies are investing in new product launches, joint ventures, collaborations, partnerships, mergers, and acquisitions across the globe.
For instance:
In May 2019, Product Launch: Ashford and St Peter’s Little Roo Neonatal Charity funded the launch of the new transport incubator system for the Neonatal Intensive Care Unit (NICU) at St. Peter's Hospital. It is a completely functional infant mobile intensive care unit.
In March 2017, Market Expansion: Inspiration Healthcare, a UK-based manufacturer sponsored a Neo-Resus conference in the UK. This conference was based on the theme of neonatal resuscitation.
Segments Analysis
Segmentations
List of Sub-Segments
Dominant and Fastest-Growing Segments
Product-Type Analysis
Normal, Hybrid, and Transport
The normal incubator segment is expected to dominate the market throughout the forecast period.
Application-Type Analysis
Neonatal Hypothermia, Lower Birth Weight, Jaundice, Genetic Defects, and Others
The neonatal hypothermia and lower birth weight segment is projected to dominate the market throughout the forecast period.
End-User-Type Analysis
Pediatric Hospitals, Birthing Centres, Neonatal Intensive Care Units, and Others
The pediatric hospitals segment dominated the market in 2021 and is anticipated to remain dominant during the forecast period.
Regional Analysis
North America, Europe, Asia-Pacific, and Rest of the World
The North American market maintains a dominant position in the market during the forecast period.
By Product Type
“The normal incubator segment is expected to dominate the market throughout the forecast period”.
The infant incubator market is segmented into hybrid, normal, and transport. The normal incubator segment dominated the infant incubator market in recent times. The segment will maintain its dominance throughout the forecast period as per the estimations. The segment dominance is attributed to some of the key factors such as the rise in the number of NICU installations by medical centers in both developed and developing countries.
By Application Type
“The neonatal hypothermia and lower birth weight segment held a significant market share and dominated the market in 2021”.
The infant incubator market is segmented into neonatal hypothermia & lower birth weight, genetic defects, jaundice, and others. The neonatal hypothermia and low birth weight segment held a significant market share and dominated the market in 2021.
As per the studies, the neonatal hypothermia & lower birth weight segment is anticipated to continue this dominance during the forecast period. The segment dominance is attributed to the rise in the prevalence of neonatal hypothermia around the globe, as low birth weight and preterm babies are generally more susceptible to hypothermia conditions.
By End-User Type
“The pediatric hospitals segment dominated the market in 2021 and is anticipated to remain dominant during the forecast period”.
The infant incubator market is segmented into pediatric hospitals, birthing centers, neonatal intensive care units (ICUs), and others. The pediatric hospitals segment dominates the global marketplace in terms of revenue generation in the year 2021 and is anticipated to remain dominant during the forecast period.
The dominance of the pediatric hospital segment is attributed to a higher number of neonate admissions compared to other medical centers globally. The increase in NICU installations and the rise in preterm births in neonatal and pediatric hospitals further drive the segment's growth over the forecast period.
Regional Analysis
“The North American market leads the infant incubator sector, while the Asia-Pacific market is expected to grow significantly during the forecast period”.
The market is broken down geographically into areas like North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The North American market leads the infant incubator market during the forecast period. The regional market dominance is owing to the significant market share of the United States and Canada in healthcare coupled with the growing number of premature babies.
The Asia-Pacific infant incubator market is anticipated to grow at a significant CAGR during the forecast period. The regional market growth is due to rising health awareness and the growing demand for advanced medical technology. According to research studies, Europe is the second-largest market in the infant incubator industry over the forecast period.
Want to know which region offers the best growth opportunities?Register Here
Key Players
The following are the key players in the Infant Incubator Market (arranged alphabetically)
Atom Medical Corp. (Japan)
Avihealthcare (India)
Bistos Co. Ltd. (U.S.)
Drägerwerk AG & Co. KGaA (Germany)
Fanem (India)
General Electric (U.S.)
Inspiration Healthcare Group plc (U.K.)
Medicor Elektronika Zrt. (Hungary)
Messe dusseldorf Gmbh (Germany)
Médipréma Group (France).
Ningbo David Medical Device Co. Ltd. (China)
Phoenix Medical System (India)
Suzhou Power Meter Co., Ltd. (Japan)
Zhengzhou Dison Instrument and Meter Co., Ltd (China)
Note: The above list does not necessarily include all the top players in the market.
Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
What Deliverables Will You Get in this Report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
in-depth Analysis of the Infant Incubator Market
How lucrative is the future?
The market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional, and country-level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and Forecast
Which are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
Will I get the information on my specific requirement?
10% free customization
Research Methodology
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.
We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Detailed profiling of additional market players (up to three players)
SWOT analysis of key players (up to three players)
Competitive Benchmarking
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.
Custom Research:
Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.
LOADING
LOADING
×
Please enter your contact details. It will allow our analysts to reach out to you.
The demand for infant incubators is rising due to various factors, including increasing birth rates of premature babies, a rise in chronic diseases, and growing investments in healthcare infrastructure. However, the high cost of infant incubators is hindering overall market growth during the study period.
The key players in the market are General Electric (U.S.), Atom Medical Corp. (Japan), Bistos Co Ltd. (U.S.), Messe Dusseldorf Gmbh (Germany), Inspiration Healthcare Group plc (U.K.), Phoenix Medical System (India), Avihealthcare (India), Suzhou Power Meter Co., Ltd. (Japan), Ningbo David Medical Device Co. Ltd. (China), Drägerwerk AG & Co. KGaA (Germany), Fanem (India), Medicor Elektronika Zrt. (Hungary), Zhengzhou Dison Instrument and Meter Co., ltd (China), Médipréma Group (France).
