The Global Infant Incubator Market was valued at US$ 1,284.1 billion in 2021 and is predictable to reach US$ 2,298.5 billion by 2030 which is projected to attain a CAGR of 6.7 % during the forecast period from 2021- 2030.
Infant Incubator or neonatal incubator is a rigid box-type apparatus that is used for maintaining environmental conditions suitable for a newborn baby or neonate for observation and care. It is used in the case of preterm births or for some ill babies who require additional equipment for observing, evaluating, and treating neonates.
The prime factor attributed for the growth of the infant incubator market owing to the sudden rise in the birth rate of premature infants having lower birth weights or other defects, technological advancement of neonatal care, rising awareness regarding neonatal care units, and increase in newborn ICU units across the globe. Report published by WHO in 2018 says that nearly 15 million infants are born prematurely annually worldwide Prematurity is the major reason for the infant mortality rate and premature state ranges between 5 – 8 % across the globe.
Premature infants undergo numerous complications as their body temperature is lower, have breathing problems leading to death, and high risk to the external environment & infections that may lead to death. The rise in R&D activities and advancement of infant incubators is expected to propel market growth during the forecast period. However, higher costs associated with infant incubators and poor accessibility & awareness towards neonatal care in the emerging economies are restraining the global infant incubator market.
The Global Infant Incubator Market is segmented by product type, application, end-user, and region. Based on product type, it is bifurcated into neonatal intensive care unit (NICU) incubator and transport infant incubator. By application, it bifurcates into lower birth weight, neonatal hypothermia, genetic defects, and others (neonatal jaundice, sepsis, respiratory distress syndrome). End-user is bifurcated into birthing centers, NICU, pediatric hospitals, and others (special care nursery, post-natal care wards). Based on regional insights, the global infant incubator market is categorized into North America (US, Canada, Mexico, Rest of America), Asia Pacific (India, China, Rest of Asia Pacific), Europe (UK, Germany, Russia, Rest of Europe) and Rest of the world (Latin America and Middle East & Africa).
Prominent players inducing the Global Infant Incubator Market are ATOM Medical Corporation, COBAMS srl, Drägerwerk AG & Co. KGaA, Fanem Ltd., Phoenix Medical Systems (P) Ltd., Mediprema Group, General Electric Company, Natus Medical Incorporation, Bistos Co. Ltd., Inspiration Healthcare Group plc, and NOVOS Medical Systems among others.
Segmentation and Scope of the Global HVDC Cables Market
Global HVDC Cables Market is segmented by product type, application, end-user, and region.
By Product Type
Rest of World
Middle East & Africa
Prominent players in the Global Infant Incubator Market among other includes