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The global baby warming devices market size is estimated to grow by USD 527.43 million between 2022 to 2027 accelerating at a CAGR of 4.84%.
This report extensively covers market segmentation by end-user (hospitals, pediatric centers, and labor and delivery centers), product type (phototherapy units, radiant warmers, and incubators), and geography (North America, Europe, Asia, and Rest of World (ROW)). It also includes an in-depth analysis of drivers, trends, and challenges.
Around 15 million babies are born preterm each year, before 37 weeks of gestation, as per WHO. Various factors like IVF conception, infections, multiple pregnancies, chronic conditions, and short interval between pregnancies may cause premature birth. This can lead to high neonatal mortality, morbidity, and disabilities such as cerebral palsy and respiratory illnesses. To improve neonatal care, NICUs are equipped with high-end neonatal devices that continuously monitor the baby's health. The increasing number of preterm births is expected to drive market growth in the forecast period.
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The COVID-19 outbreak led to lockdowns in 2020, which disrupted the supply chains of North American baby warming device manufacturers and caused a production decline. However, with the availability of vaccines and vaccination campaigns, healthcare visits resumed in 2021. Consequently, manufacturers resumed operations and the market is expected to recover due to increasing healthcare expenditure and rising preterm births, stabilizing the baby warming devices market in North America in the forecast period.
Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The demand for baby warming devices is rising in emerging economies like China, India, and Brazil due to increasing preterm births and high-risk pregnancy cases. Factors such as growing awareness about healthcare devices, investments in the private healthcare sector, and government initiatives for healthcare sector development are expected to drive market growth. In China, government investments in healthcare infrastructure drive market growth, while in India, the increasing incidence of preterm births is driving demand. These factors are expected to drive market growth during the forecast period.
Innovations and technological advancements in baby warming devices have improved their efficiency, meeting the demand from hospitals. The development of next-generation portable baby warming devices is on the rise. For example, GenWorks launched a high-tech gadget in November 2022, called the lullaby warmer, which helps regulate and monitor the temperature for vulnerable babies, reducing hypothermia risk. The advancements in technology are expected to drive the demand for baby warming devices, thereby propelling market growth during the forecast period.
Advancements in technology have led to improved efficiency and the development of next-gen portable baby warming devices to meet the increasing demand from hospitals. For example, GenWorks recently launched a high-tech gadget called the lullaby warmer, which regulates and monitors the right temperature for vulnerable newborns to reduce hypothermia risk. These technological advancements are expected to drive market growth during the forecast period.
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Draeger: The company offers baby warming devices that are intended as therapeutic devices providing warmth for premature and full-term neonates.
The report also includes detailed analyses of the competitive landscape of the market and information about prominent and key market vendors, including:
Technavio’s report consists of a holistic analysis of the key development analysis, development stage, key market players, their marketing strategies, and powerful innovations to help any client gain a competitive edge.
The infant warming device market share growth by the hospital segment will be significant during the forecast period. The hospital segment holds the highest market share in the global market in 2022. Furthermore, the segment is also expected to dominate the market in focus on end-users during the forecast period. This is because hospitals are key users that greatly influence the growth of the global infant warming device market.
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The phototherapy units segment has dominated the global baby warming devices market by product in 2022. It is expected to remain dominant during the forecast period. Phototherapy units are used to treat hyperbilirubinemia in neonates. These units are highly efficient and have an excellent safety record. They provide a light treatment process for the reduction of high bilirubin levels (jaundice) in newborn babies. During the forecast period, the rising prevalence of jaundice in preterm babies, advancement in phototherapy units such as eye protection, and new light devices are expected to propel segment growth, which, in turn, will drive market growth.
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North America is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
North America has dominated the global infant warming device market in 2022. It is also expected to dominate the market in focus during the forecast period. Factors such as rising preterm births, complications related to pregnancy, and a large number of players in the market are expected to drive the growth of the regional market in focus during the forecast period. The large-scale presence of numerous vendors in the regional market in focus is also providing baby warming devices to increase their market share. For instance, HE healthcare provides low-cost infant warmers. Similarly, Phoenix medical systems' CIC 101 provides radiant warmth and respiratory support for newborns. Such factors are expected to increase the demand for baby warming devices, which in turn, will propel the growth of the regional market in focus during the forecast period.
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Baby Warming Devices Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2022 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.84% |
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Market growth 2023-2027 |
USD 527.43 million |
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Market structure |
Fragmented |
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YoY growth (%) |
3.9 |
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Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
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Performing market contribution |
North America at 39% |
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Key consumer countries |
US, Canada, Germany, UK, and China |
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Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
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Key companies profiled |
Advin Health Care, Alfamedic s.r.o, Ardo medical AG, Carevel Medical Systems Pvt. Ltd., Cliniva Healthcare, Draegerwerk AG and Co. KGaA, Fisher and Paykel Healthcare Corp. Ltd., General Electric Co., GINEVRI Srl, Hospital Equipment Manufacturing Co., Ibis Medical, Inspiration Healthcare Group Plc, International Biomedical Ltd., Kay and Co., MTTS Co. Ltd., Narang Medical Ltd., Nice Neotech Medical Systems Pvt. Ltd., Phoenix Medical Systems P Ltd., TahatAksi, and VNG Medical Innovation System Pvt. Ltd. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Product Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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