The global Infant Incubators market size is anticipated to be worth US$ 327.9 million by 2022, growing at a 4.7% CAGR between 2022 and 2032. By 2032, the market is expected to be worth $518.2 million. Critical care incubators are the market leader, with about 72.3% of the market in 2021.
The global Infant Incubators market is growing as a result of increased understanding about newborn health, an increase in the prevalence of chronic illnesses, and an increase in cases of unexpected deaths among infants in healthcare facilities. Furthermore, the emergence of numerous epidemics and the resulting health risks have increased demand for critical care incubators across all healthcare facilities, propelling market expansion.
Get Sample Report + Related Graphs & Charts@ https://www.futuremarketinsights.com/reports/sample/rep-gb-15506
Additionally, rising acceptance of newborn incubators by various end users, including as hospitals and paediatric and neonatal critical care units, will drive the market in the future years. The healthcare business in the United States has emphasised the importance of government agencies collaborating to improve healthcare facilities. The CDC and the March of Dimes, for example, established the National Network of Perinatal Quality Collaboratives (NNPQC) to assist state-based PQCs in achieving demonstrable improvements in mother and infant health outcomes statewide.
In the near future, these factors will drive the market, as leading companies focus on acquisitions and the development of novel products with improved efficacy in terms of environmental stability, infection prevention, and durability.
Key Takeaways from Market Study
- In 2021, the intensive care incubators category was expected to account for around 72.3% of the global market.
- Based on end user, the hospital segment will have a market share of approximately 51.7% in 2021.
- With a 22.3% market share in 2021, East Asia is recognised as the industry’s leading region.
- Europe accounted for a value share of 19.7% in 2021 due to an increase in preterm births in the region.
- China is predicted to grow at a 5.8% CAGR throughout the projection period.
“Increased initiatives by government bodies to promote health safety solutions and growing prevalence of chronic illnesses among infants in healthcare facilities are estimated to propel the market,” says an analyst of Future Market Insights.
Last few days to get reports at discounted prices, offer expires soon!
Request Discount@ https://www.futuremarketinsights.com/request-discount/rep-gb-15506
Competitive Landscape
Despite the fact that infant incubator manufacturers are operating at full capacity, demand has recently outpaced supply due to the increased prevalence of chronic illnesses. A wide spectrum of end users, including healthcare practitioners and other industrial users, have been impacted by the gap.
The global Infant Incubators market is fragmented, with a diverse spectrum of regional, emerging, and established enterprises working within it. Major stakeholders have begun promotional operations in order to market novel Infant Incubators with increased efficacy.
For instance,
- In April 2022, Over 200 portable incubators, constructed using technology co-invented by a Stanford MBA more than ten years ago, were shipped to Ukraine to provide life-saving warmth to premature babies born in hospitals and bomb shelters.
- Dräger’s new Ponta and Ambia ceiling supply systems, which went into effect on September 30, 2021, provide hospitals a lot of leeway when building workstations that serve specific clinical needs in the operating room, ICU, and NICU.
Infant Incubators Market Outlook By Category
By Product:
- Intensive Care Incubator
- Transport Incubator
By End User:
- Hospitals
- Pediatric and Neonatal Intensive Care Units
- Others
Report Report Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-15506
About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact:
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs
