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Infant incubator market is projected to reach $401 million by 2023, growing at a CAGR of 5.9%. The neonatal intensive care unit (NICU) incubator segment accounted for nearly three-fifths share of the total market in 2016.
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Infant Incubator Market Opportunity Analysis and Industry Forecast, 2016-2023 Global Opportunity Analysis and Industry Forecast, 2017-2023
Introductionof Infant Incubator Market The global infant incubator market was valued at $268 million in 2016, and is projected to reach $401 million by 2023, growing at a CAGR of 5.9% from 2017 to 2023. The neonatal intensive care unit (NICU) incubator segment accounted for nearly three-fifths share of the total market in 2016. The prime factors that drive the growth of the infant incubators market is increase in incidence of preterm birth rates. Moreover, growth in number of NICU admissions, and inflow of technologically advanced infant incubators has further accelerated the demand of infant incubators globally to initiate the proper treatment of infant at the earliest. Infant incubator is a biomedical device with a rigid box-like chamber, which provides humidity, warmth, and oxygen to the newborn in a controlled environment. Infant incubator improves infant survival rate by maintaining thermal stability within the chamber and providing an infection free environment to the infant.
Introductionof Infant Incubator Market Scopeof theReport KeyBenefits KeyAudiences
Key Benefits • The neonatal intensive care units end user segment is anticipated to grow with a CAGR of 6.0% during the forecast period. • The U.S. was the highest shareholder in the North America infant incubators market in 2016 and poised to retain its lead from 2017-2023. • The lower birth weight application registered fastest growth with a CAGR of 6.4% during 2017-2023. India is expected to grow at the remarkable rate of 6.5% during the forecast period. • The birthing centers end user segment held remarkable position with one-sixth share in 2016, registering a CAGR of 5.4% from 2017-2023.
Table of Content (TOC) Chapter: 1 Introduction Chapter: 2 Executive Summary Chapter: 3 Market Overview Chapter: 4 Infant Incubator, By Product Chapter: 5 Infant Incubator Market, By Application Chapter: 6 Infant Incubator Market, By End User Chapter: 7 Infant Incubators Market, By Geography Chapter: 8: Company Profiles
Key Segments Infant Incubator Market
Segments Infant Incubator Market
Segments Infant Incubator Market
Company Profiles Infant Incubator Market GENERAL ELECTRIC COMPANY ATOM MEDICAL CORPORATION NATUS MEDICAL INCORPORATED BISTOS CO., LTD. MEDICOR ELEKTRONIKA ZRT. FANEM LTD
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