SEATTLE, July 29, 2021, (MEDGADGET) — Global Infant Incubator Market – Insights
An infant incubator is a device that is used to care for premature babies who are born before the 37th week of pregnancy. These pre-termed newborns face a number of challenges as a result of their low body temperature, i.e., they are unable to regulate their body temperature when they are born, putting them at risk from the external environment, infections, and respiratory problems, all of which can lead to death. Premature infants are protected by incubators, which provide them with the necessary atmosphere. They’re little box-like buildings with a little bed and a trolley attached. Except for the top, which is coated in stiff plastic, these boxes are mostly constructed of glass.
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Over the projected period, the worldwide infant incubator market is predicted to develop due to an increase in the number of premature babies. According to World Health Organization (WHO) data from 2018, over 15 million infants are delivered prematurely each year around the world. Prematurity, according to the research, is one of the leading causes of infant mortality worldwide. In 184 nations, the percentage of newborns delivered prematurely is between 5% and 8%.
A growing number of research are focusing on newborn incubator improvements, which are projected to assist the global infant incubator market growth throughout the forecast period. Wireless sensors and biosensors were created by Chicago’s Robert H. Lurie Children’s Hospital to replace cables in incubators for monitoring vital signs related to mother-child contact. Skin-to-skin contact between mother and child, according to the experts, reduces the incidence of pulmonary problems and liver infections. Implementation of such technologies in existing products is likely to support global infant incubator market growth.
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Over the forecast period, North America is likely to dominate the worldwide infant incubator market. The presence of key market participants in the region, such as GE Healthcare, Natus Medical Corporation, and UTAH Medical Products Inc, contributes to this. Furthermore, the potential customer base and government and non-profit initiatives to raise awareness about the steady rise in the birth rate of premature newborns are likely to promote the expansion of the North America infant incubator market. For example, March of Dime, a non-profit organization based in the United States, observes November as Prematurity Awareness Month every year.
Furthermore, Europe is predicted to be the second-largest market for newborn incubators. The market’s major players are concentrating their efforts on attending and arranging pre-mature birth conferences. For example, in March 2017, Inspiration Healthcare (a manufacturer based in the United Kingdom) sponsored a Neo-Resus conference in the United Kingdom focused on newborn resuscitation (reviving infants from unconsciousness or apparent death). Over the projected period, these factors are projected to boost the worldwide infant incubator market’s growth.
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The high cost of an infant incubator is likely to limit the worldwide infant incubator market’s growth. Manufacturers are focusing on providing technologically improved products in the market (such as pressure diffusing mattresses and disposable skin probes). This element raises the ultimate pricing of these products much more. Incubators, for example, can range in price from US$ 600 to US$ 6,500 (GE Healthcare’s incubator costs roughly US$ 6,210). This aspect may limit the growth of the worldwide infant incubator market in emerging countries in regions like Africa, Asia, and Latin America.
Table of Content
Global Infant Incubator Market Research Report
Section 1: Global Infant Incubator Industry Overview
Section 2: Global Economic Impact on Infant Incubator Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Infant Incubator Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Infant Incubator Market Forecast
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