The size of the Infant Incubator Market in North America is estimated to showcase a promising CAGR during the forecast period.
Over the forecast period, the North American infant incubator market is predicted to rise due to an increase in preterm babies. A growing number of researchers are focusing on newborn incubator advances, which is likely to boost the infant incubator market growth in this region. Skin-to-skin contact between mother and child, according to the experts, reduces the incidence of pulmonary problems and liver infections. Implementation of such technologies in existing products is likely to promote infant incubator market growth. Furthermore, the potential customer base and government and non-profit measures to raise awareness about the constant rise in the birth rate of preterm newborns are projected to boost the expansion of the North American infant incubator market. The rise in the number of preterm babies born with low birth weights and other abnormalities, use of newborn incubators have boosted the survival rate of infants are key factors driving the infant incubator industry. Therefore, the rising rate of preterm birth is expected to drive the industry forward.
Advances in neonatal care and the rising birth rate of preterm newborns, as well as greater awareness among those worried about neonatal care units, are driving the baby incubator industry. NICU unit installations are expected to increase throughout the period, propelling market development. In addition, the financing of infant healthcare facilities in emerging economies by government and private organizations is projected to create attractive growth possibilities for the infant incubators market. The transport infant incubator accounted for around one-third of the overall market. This is because transport infant incubators are more often utilized in emergency scenarios to securely transfer infants from one area to another in a controlled environment. Manufacturers focus on bringing technologically advanced items to market (such as pressure diffusing mattresses and disposable skin probes). These devices protect newborns at their most vulnerable time of development.
The North American infant incubator market is restrained by the high cost of newborn incubators and the lack of access to neonatal care in this region. In addition, the market's expansion is hampered by a shortage of NICU facilities and the high cost.
This research report on the North American infant incubator market has been segmented and sub-segmented into the following categories:
By Product
By Application
By Country
Regionally, the North American market leads globally due to advanced medical care and will retain its position in the future. The presence of significant market participants in the region, such as GE Healthcare, Natus Medical Corporation, and UTAH Medical Products Inc, contributes to this. The market for infant incubators is expected to increase due to the numerous benefits that they provide for the well-being of infants. For example, the use of newborn incubators has improved preterm infant survival rates and reduced neonatal hypothermia. This factor contributes to the market's expansion for infant incubators. Furthermore, technological advancements, such as the development of state-of-the-art incubators such as double-walled incubators, incubators with microprocessor-based servo-controlled temperature systems, and incubators with a thermal-neutral environment, aided market growth.
KEY MARKET PLAYERS:
A few of the prominent companies operating in the North American Infant Incubator Market profiled in this report are GE Healthcare, Novos Medical Systems, Atom Medical Corporation, Ningbo David Medical Device Co., Ltd, Natus Medical Incorporated, Fanem Ltd, Cobams SRL, AVI Healthcare Private Limited, Gammer International, and Ardo.
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