The report highlights trends prevailing in the global infant radiant warmer market, and the drivers and hindrances pertaining to the market growth.
According to our latest study on “Infant Radiant Warmer Market Forecast to 2027– COVID-19 Impact and Global Analysis– by product type and end user, “the market was valued at US$ 1,632.70 million in 2019 and is projected to reach US$ 2,420.44 millionby2027; it is expected to grow at a CAGR of 5.1% during 2020–2027. The report highlights trends prevailing in the global infant radiant warmer market, and the drivers and hindrances pertaining to the market growth.
A radiant warmer is body-warming equipment. Infant radiant warmers aid in maintaining the body temperature of babies and defining their metabolism rate. This variant of radiant warmers consist of an open tray (for keeping the babies), and the artificial heating is provided by a heating system installed above. The infant radiant warmers are used in clinical settings, including labour and delivery rooms, caesarean operating rooms, mother-baby rooms, new-born nursery, neonatal intensive care units (NICUs), and paediatric intensive care units (PICUs).The infant radiant warmer market is expected to witness huge growth during the forecast period on the back of the increasing rate of preterm births and rising incidences of maternal infections. Moreover, the market players are expected to leverage the growth opportunities presented by developing nations to foster growth in the coming years. However, disadvantages associated with infant radiant warmers such as chances of overheating, maintenance of the equipment and frequent sterilization limit the growth of the market.
Get sample Research on Infant Radiant Warmer Market study at: https://www.theinsightpartners.com/sample/TIPRE00011727/
Infant Radiant Warmer Market: Competitive Landscape
The growth of the infant radiant warmer market is attributed to factors such as increasing rate of preterm births and rising incidence of maternal infections. However, the disadvantages of infant radiant warmer such as chances of overheating, maintenance of the equipment and frequent sterilization restrain the growth of the market. Natus Medical Incorporated; General Electric Company; Fisher & Paykel Healthcare Limited; nice Neotech Medical Systems Pvt. Ltd; Phoenix Medical Systems (P) Ltd; Fane; Drägerwerk AG & Co. KGaA; Beijing Julongsanyou Technology Co., Ltd; Atom Medical Corp;and Fyrom International are among the leading companies operating in the global infant radiant warmer market.
Moreover, the volume of infant radiant warmer market was 147,845 units in 2019 and is projected to reach 200,141 units by 2027; it is expected to grow at a CAGR of 3.9% during 2020–2027. The volume of the infant warmer is increasing due to the growing adoptions of infant radiant warmer by the hospitals and increasing requirements of the warmers during the early days of infant births. Similarly, the growing rate of preterm births and the rising incidence of maternal infection is anticipated to increase the demand of the infant radiant warmers in the forecasted period.
Increasing Rate of Preterm Births
Preterm babies are born before the completion of the pregnancy period of 37 weeks. Preterm birth is a critical condition for the growth of babies. To reduce mortality and morbidity, it is, therefore, important to keep a new-born warm. Across the world, ~90–95% of babies have lesser chances of survival when they are prematurely born. The increasing number of preterm births across the world has significantly driven the growth of the market for infant radiant warmers. For instance, according to the World Health Organization (WHO) data published in February 2018, nearly 15 million babies are born prematurely every year. The number is expected to grow every year. The data also stated that ~184 countries have a 5–8% preterm birth rate, and nearly 1 million babies die per year due to preterm birth complications.
Several factors such as multiple pregnancies, infection diseases, and chronic conditions lead to preterm birth. The lifestyle of women is also among the leading factors of preterm birth. The developing regions such as Asia Pacific and Africa have recorded the highest numbers of preterm births, i.e., nearly 60%, and it has become a global problem in the last few years. Thus, to reduce the number of preterm births, the healthcare facility centers such as hospitals, nursing homes, maternity clinics across the world have widely installed radiant infant warmers.
Infant Radiant Warmer Market Segmentation Review
The global infant radiant warmer market, based on product type, is segmented into standard infant radiant warmer, mobile infant radiant warmer, and others. The standard infant radiant warmer segment held the largest share of the market in 2019, however, the mobile infant radiant warmer segment is estimated to register the highest CAGR during the forecast period; this projected growth is ascribed to the increasing incidence of preterm births, escalating number of product launches, and growing adoption of mobile infant radiant warmer in low-cost settings.
Based on end user, the infant radiant warmer market is segmented into hospitals, gynecology clinics, baby care centres, and others. The hospitals segment held the largest share of the market in 2019; however, the market for gynecology clinics is anticipated to grow at the highest CAGR during the forecast period. The growth of the market for this segment is attributed to the increasing number of preterm birth cases and rising awareness regarding high-risk pregnancies, especially in low-income countries. Further, with the rising demand for healthcare, the infant radiant warmer market for the hospital segment is also expected to grow significantly in the coming years.
Infant Radiant Warmer Market– By Geography
- North America
- US
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- UK
- Spain
- Rest of Europe
- Asia Pacific(APAC)
- China
- India
- South Korea
- Japan
- Australia
- Rest of APAC
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
- South and Central America (SCAM)
- Brazil
- Argentina
- Rest of SCAM
Infant Radiant Warmer Market Research Study at: https://www.theinsightpartners.com/buy/TIPRE00011727/
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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If you have any queries about this report or if you would like further information, please contact us:
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A radiant warmer is body-warming equipment. Infant radiant warmers aid in maintaining the body temperature of babies and defining their metabolism rate. This variant of radiant warmers consist of an open tray (for keeping the babies), and the artificial heating is provided by a heating system installed above. The infant radiant warmers are used in clinical settings, including labour and delivery rooms, caesarean operating rooms, mother-baby rooms, new-born nursery, neonatal intensive care units (NICUs), and paediatric intensive care units (PICUs).The infant radiant warmer market is expected to witness huge growth during the forecast period on the back of the increasing rate of preterm births and rising incidences of maternal infections. Moreover, the market players are expected to leverage the growth opportunities presented by developing nations to foster growth in the coming years. However, disadvantages associated with infant radiant warmers such as chances of overheating, maintenance of the equipment and frequent sterilization limit the growth of the market.
Get sample Research on Infant Radiant Warmer Market study at: https://www.theinsightpartners.com/sample/TIPRE00011727/
Infant Radiant Warmer Market: Competitive Landscape
The growth of the infant radiant warmer market is attributed to factors such as increasing rate of preterm births and rising incidence of maternal infections. However, the disadvantages of infant radiant warmer such as chances of overheating, maintenance of the equipment and frequent sterilization restrain the growth of the market. Natus Medical Incorporated; General Electric Company; Fisher & Paykel Healthcare Limited; nice Neotech Medical Systems Pvt. Ltd; Phoenix Medical Systems (P) Ltd; Fane; Drägerwerk AG & Co. KGaA; Beijing Julongsanyou Technology Co., Ltd; Atom Medical Corp;and Fyrom International are among the leading companies operating in the global infant radiant warmer market.
Moreover, the volume of infant radiant warmer market was 147,845 units in 2019 and is projected to reach 200,141 units by 2027; it is expected to grow at a CAGR of 3.9% during 2020–2027. The volume of the infant warmer is increasing due to the growing adoptions of infant radiant warmer by the hospitals and increasing requirements of the warmers during the early days of infant births. Similarly, the growing rate of preterm births and the rising incidence of maternal infection is anticipated to increase the demand of the infant radiant warmers in the forecasted period.
Increasing Rate of Preterm Births
Preterm babies are born before the completion of the pregnancy period of 37 weeks. Preterm birth is a critical condition for the growth of babies. To reduce mortality and morbidity, it is, therefore, important to keep a new-born warm. Across the world, ~90–95% of babies have lesser chances of survival when they are prematurely born. The increasing number of preterm births across the world has significantly driven the growth of the market for infant radiant warmers. For instance, according to the World Health Organization (WHO) data published in February 2018, nearly 15 million babies are born prematurely every year. The number is expected to grow every year. The data also stated that ~184 countries have a 5–8% preterm birth rate, and nearly 1 million babies die per year due to preterm birth complications.
Several factors such as multiple pregnancies, infection diseases, and chronic conditions lead to preterm birth. The lifestyle of women is also among the leading factors of preterm birth. The developing regions such as Asia Pacific and Africa have recorded the highest numbers of preterm births, i.e., nearly 60%, and it has become a global problem in the last few years. Thus, to reduce the number of preterm births, the healthcare facility centers such as hospitals, nursing homes, maternity clinics across the world have widely installed radiant infant warmers.
Infant Radiant Warmer Market Segmentation Review
The global infant radiant warmer market, based on product type, is segmented into standard infant radiant warmer, mobile infant radiant warmer, and others. The standard infant radiant warmer segment held the largest share of the market in 2019, however, the mobile infant radiant warmer segment is estimated to register the highest CAGR during the forecast period; this projected growth is ascribed to the increasing incidence of preterm births, escalating number of product launches, and growing adoption of mobile infant radiant warmer in low-cost settings.
Based on end user, the infant radiant warmer market is segmented into hospitals, gynecology clinics, baby care centres, and others. The hospitals segment held the largest share of the market in 2019; however, the market for gynecology clinics is anticipated to grow at the highest CAGR during the forecast period. The growth of the market for this segment is attributed to the increasing number of preterm birth cases and rising awareness regarding high-risk pregnancies, especially in low-income countries. Further, with the rising demand for healthcare, the infant radiant warmer market for the hospital segment is also expected to grow significantly in the coming years.
Infant Radiant Warmer Market– By Geography
- North America
- US
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- UK
- Spain
- Rest of Europe
- Asia Pacific(APAC)
- China
- India
- South Korea
- Japan
- Australia
- Rest of APAC
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
- South and Central America (SCAM)
- Brazil
- Argentina
- Rest of SCAM
Infant Radiant Warmer Market Research Study at: https://www.theinsightpartners.com/buy/TIPRE00011727/
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876