Global Neonatal Incubators Market 2017-2021

Neonatal incubators market outlook

The increasing focus of the government on the reduction of infant mortality rate (IMR) is identified as one of the key drivers that will boost the growth of the neonatal incubators market during the estimated period. The UN has already launched the Millennium Development Goals (MDGs) initiative that focuses on the reduction of IMR. The measure to reduce the neonatal deaths includes the application of medical devices such as neonatal incubators during pre-term birth complications. The growing focus of the government on the prevention of child and maternal deaths encourage them to take initiatives to improve the maternal and child health (MCH). According to Technavio’s market research report, this global market will grow at a CAGR of close to 12% during the forecast period.

Neonatal incubators market analysis by geography

The rising demand for advanced, high-quality incubators and portable devices such as transport incubators will boost the purchase of the latest equipment for neonatal care in hospitals and clinics in the Americas. The advancement in technology and the presence of an established healthcare infrastructure will further fuel the adoption of infant incubators in this region.

Neonatal incubators industry forecast: Competitive landscape and key vendors

The neonatal incubators market consists of many local and global vendors. Local and regional suppliers are trying to increase their revenue and enhance their brand image by collaborating with global vendors. These collaborations favor the global players by helping them expand their global footprint and market share and value.

Key vendors in the neonatal incubators market

• Atom Medical
• Drägerwerk
• GE Healthcare
• Natus Medical

Neonatal incubators market growth based on product

• Neonatal transport incubators
• Neonatal NICU incubators

The neonatal NICU incubators segment accounted for the majority of market shares during 2016 and this is mainly due to the increasing cases of pre-term births all around the world. The improvement in healthcare infrastructure and the growing awareness about neonatal care in emerging economies will drive the adoption of neonatal NICU incubators throughout the predicted period.

Neonatal incubators market segmentation by end-users

• Hospitals
• Maternity clinics
• ASCs

The manufacturers extensively sell their products to hospitals over other health care centers because hospitals help them build brand image and expand their product reach. The rising focus of the government in the reduction of mortality and morbidity rates of infants will further drive the adoption of advanced medical devices such as neonatal incubators in the forthcoming years.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global neonatal incubators market?
• What are the key market trends impacting the growth of the global neonatal incubators market?
• What are the challenges to market growth?
• Who are the key vendors in the global neonatal incubators market?
• What are the market opportunities and threats faced by the vendors in the global neonatal incubators market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global neonatal incubators market?

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