InfantIncubator Market, by Product Type (Portable and Non-portable), by Modality(Open Box Type and Closed Box Type), By Application (Pre-maturity (NeonatalHypothermia, Lower Birth Rate, and Others) and Congenital Diseases), by EndUsers (Hospitals, Post-Natal Care Wards, Neonatal Intensive Care Units, andMaternity Centers), and by Region (North America, Latin America, Europe, AsiaPacific, Middle East, and Africa) - Size, Share, Outlook, and OpportunityAnalysis, 2018 - 2026
Infant incubator is a device usedfor pre-matured infants, which are born before 37 weeks of pregnancy period.These pre-termed infants undergo several complications as their bodytemperature is low, i.e., they cannot regulate the temperature of their bodywhen born hence, have a high risk with respect to external environment, variousinfections, and breathing problems that can lead to death. Incubators protectpremature infants by providing them the required environment. They are smallbox-like structures that contain small bed and an attached trolley. These boxesare generally made of glass except the top is covered by rigid plastic.
Infant Incubator Market Drivers
Increasing number of prematureinfants is expected to boost the global infant incubator market growth over theforecast period. For instance, according to World Health Organization’s (WHO)report, 2018, around 15 million infants are born in a pre-mature stateworldwide annually. The report also states that prematurity is one of the majorcontributors of infant mortality rate worldwide. The rate of babies born in apre-mature state ranges from 5% - 8% in 184 countries.
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Increasing number of studies arefocused on advancements in infant incubator, which is expected to support theglobal infant incubator market growth over the forecast period. For instance,in March 2019, a group of researchers from Northwestern University and theRobert H. Lurie Children’s Hospital of Chicago developed wireless sensors andbiosensors for monitoring vital signs with regards to contact of mother andchild in replacement of wires that are used in incubator. According to theresearchers, skin-to-skin contact between mother and child decreases the riskof pulmonary complications and liver infections. Implementation of suchtechnologies in products available in the market is expected to support globalinfant incubator market growth over the forecast period.
Infant Incubator Market RegionalAnalysis
North America is expected to holddominant position in the global infant incubator market over the forecastperiod. This is owing to presence of major market players such as GEHealthcare, Natus Medical Corporation, and UTAH Medical Products Inc in theregion. Moreover, potential customer base and initiatives of governments andseveral organizations (non-profit, and others) to increase the awareness aboutconsistent rise in birth rate of premature infants is expected to supportgrowth of the North America infant incubator market. For instance, March ofDime – a non-profit organization in the U.S. — celebrates November as a prematurityawareness month annually.
Moreover, Europe is expected tobe the second largest market for infant incubator over the forecast period. Keyplayers in the market are focused on participating and organizing conferencesrelated to pre-mature birth. For instance, in March 2017, InspirationHealthcare (U.K.-based manufacturer) sponsored a Neo-Resus conference held inthe U.K. which was about neonatal resuscitation (reviving infants fromunconsciousness or apparent death). These factors are expected to support theglobal infant incubator market growth over the forecast period.
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Infant Incubator Market Restraint
High cost of infant incubator isexpected to hinder the global infant incubator market growth over the forecastperiod. Manufacturers in the market are focused on offering technologicallyadvanced (such as pressure diffusing mattresses and disposable skin probes)products in the market. This factor further adds to the final prices of theseproducts. For instance, incubator may cost anywhere between US$ 600 to US$6,500 (GE Healthcare’s incubator costs around US$ 6,210). This factor mayrestrain the global infant incubator market growth in developing countries inregions such as Africa, Asia Pacific, and Latin America.
Infant Incubator Key Players
Some of the major playersoperating in global infant incubator market include, GE Healthcare, AtomMedical Corporation, Natus Medical Incorporated, Bistos Co. Ltd., Drägerwerk AG& Co. KGaA, UTAH Medical Products Inc., and Inspiration Healthcare Groupplc.
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