Global Neonatal Incubators Market 2017-2021
About Neonatal Incubators
Neonatal incubators are used to provide a safe and controlled environment to the neonates with existing medical conditions such as illness, disability. Premature babies born pre-term are required to be kept under observation inside the neonatal incubators to provide the basic life support. Neonatal incubators are efficient in protecting infants from external environmental conditions such as dust, noise, and infection. However, these devices keep the infant away from mother and family for quite some time till the infant is in stable medical condition, which causes anxiety and fear among the parents and family members. Nonetheless, there are incubators available now, that allow family members to see, touch, and feel the infant while maintaining the medically protective environment.Technavio’s analysts forecast the global neonatal incubators market to grow at a CAGR of 11.94% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global neonatal incubators market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of the neonatal incubators.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Neonatal Incubators Market 2017-2021
Technavio recognizes the following companies as the key players in the global neonatal incubators market: Atom Medical, Drägerwerk, GE Healthcare, and Natus Medical
Other Prominent Vendors in the market are: Ardo, AVI Healthcare, Cobams, Datex-Ohmeda Medical Equipment, Fisher & Paykel Healthcare , Fanem, Gammer International, GINEVRI , Ibis Medical, International Biomedical, MEDICOR Elektronika, Médipréma, nice Neotech Medical Systems , NINGBO DAVID MEDICAL DEVICE , Novos Medical Systems, PT. FYROM INTERNATIONAL, and Shanghai Siling Medical Thermostatic Equipment.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Technological advancement of neonatal incubators product line. Advancements in technology and therapeutic perinatal and neonatal care have significantly decreased the infant mortality rate and increased the survival of pre-term infants due to acceptance of medical devices like a neonatal incubator. The key players involved in the manufacturing of medical devices for neonatal care are constantly working on R&D, product innovation, and development.”
According to the report, one of the major drivers for this market is Rising incidences of pre-term birth and rate of high-risk pregnancies. Pre-term birth is a condition when the child birth takes place before 37 completed weeks of gestation or birth weight is less than 2,500 grams or 5.5 pounds. Pre-term births can be life-threatening. Moreover, it can lead to long-term complications such as learning and behavioral problems, lung problems, hearing and vision loss, and cerebral palsy. Other complications related to pre-term births include infection, respiratory distress, jaundice, and anemia.
Further, the report states that one of the major factors hindering the growth of this market is High cost of neonatal devices. Neonatal incubators are effective in the monitoring of newborn by providing the safe and controlled environment. Neonatal incubator includes a heater, a container of water for humidity, controlled valve for providing oxygen, and an access port for nursing care. However, these devices require capital investment through budget allocation with high maintenance charge, which makes the equipment expensive.
Atom Medical, Drägerwerk, GE Healthcare, Natus Medical, Ardo, AVI Healthcare, Cobams, Datex-Ohmeda Medical Equipment, Fisher & Paykel Healthcare , Fanem, Gammer International, GINEVRI , Ibis Medical, International Biomedical, MEDICOR Elektronika, Médipréma, nice Neotech Medical Systems , NINGBO DAVID MEDICAL DEVICE , Novos Medical Systems, PT. FYROM INTERNATIONAL, and Shanghai Siling Medical Thermostatic Equipment.
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