The babies are born prematurely, which means those are born before the mother has reached 37 weeks of gestation. These babies have immediately put incubators to develop their digestive tract, lungs, immune system, and even skin. Thus to help these babies survive outside of the womb, they are placed in an incubator which provides the newborn the environmental conditions needed to thrive while in the neonatal intensive care unit (NICU).
MARKET SCOPE
The "Global Baby Incubators Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the baby incubators market with detailed market segmentation by type, application, end user, and geography. The report provides key statistics on the market status of the leading baby incubators market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
? Based on type, the global baby incubators market is segmented into portable or transport incubator, open box incubator, close box incubator, and double walled incubator
? Based on application, the market is bifurcated into neonatal hypothermia, lower birth weight, genetic defects, and others
? Based on end user, the market is bifurcated into pediatric hospitals, neonatal intensive care units, and others
MARKET DYNAMICS
Drivers
? Rise in the premature birth rate across the world
? Increase in the technological advancements
? Grwoing awarness about the developments for premature babies
Restraints
? High cost and accessibility problems in the under developed regions are likely to hinder the growth of market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The baby incubators market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the baby incubators market in these regions.
IMPACT OF COVID-19 ON BABY INCUBATORS MARKET
The COVID-19 pandemic has severely affected the growth of the market. Due to restricted situations across the world, demand for baby incubators has reduced. Also, the restricted healthcare facilities have significantly affected the facilities for most health problems, providing only emergency services. In addition, the production of various devices was limited, and supplies of inventories were on hold. Therefore, the above-mentioned factors have widely affected the growth of the market during the COVID-19 pandemic.
MARKET PLAYERS
The report covers key developments in the baby incubators market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from baby incubators market are anticipated to lucrative growth opportunities in the future with the rising demand for baby incubators in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the baby incubators market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
? GE Healthcare
? Natus Medical Incorporated
? Ningbo David Medical Device Co., Ltd
? Atom Medical USA, LLC
? Cobams srl
? AVI Healthcare Pvt Ltd
? Fanem
? Dr?gerwerk AG & Co. KGaA
? Ardo
? Phoenix Medical Systems (P) Ltd
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.