The global infant incubators market is expected to be valued US$ 327.9 million by the end of 2022, with a 4.7% CAGR between 2022 and 2032. The market is anticipated to be valued US$ 518.2 million by 2032. Critical care incubators are the product market leader, accounting for over 72.3% of the market in 2021.
The global infant incubators market is expanding as a result of greater knowledge about newborn health, rising frequency of chronic illnesses, and an increase in cases of sudden unexpected deaths among infants in healthcare institutions. Furthermore, the rise of various epidemics and the imminent health hazards they offer have increased demand for critical care incubators across all healthcare facilities, driving market growth.
Furthermore, increased acceptance of newborn incubators by various end users, including as hospitals and paediatric and neonatal critical care units, will boost the market in the coming years. The healthcare industry in the United States has been emphasising the need of government agencies working together to enhance healthcare facilities. The CDC and the March of Dimes, for example, formed the National Network of Perinatal Quality Collaboratives (NNPQC) to support state-based PQCs in improving mother and infant health outcomes statewide in a measurable manner.
These factors will drive the market in the near future, as leading firms focus on acquisitions and the development of novel products with higher efficacy in terms of environmental stability, infection prevention, and durability.
Competitive Landscape
- GE Healthcare
- Natus Medical Incorporated.
- Inspiration Healthcare Group plc.
- Koninklijke Philips N.V.
- Drägerwerk AG & Co. KGaA
- Fisher & Paykel Healthcare
- International Biomedical, Ltd.
- Atom Medical Corporation
- Fanem Ltda
- Novos Medical Systems
- Pluss Advanced Technologies Pvt. Ltd.
- Weyer GmbH
- BabyBloom Healthcare BV
- Medical Technology Transfer and Services Asia
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Infant Incubators Market Outlook By Category
By Product:
- Intensive Care Incubator
- Transport Incubator
By End User:
- Hospitals
- Pediatric and Neonatal Intensive Care Units
- Others
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