The exponential rise in preterm baby birth is anticipated to contribute significantly to the growth of the global infant care devices market. According to the WHO, around 15 million preterm babies are born every year and these babies need immediate specialty care. This augments demand for infant care products such as infant warmers, respiratory assistance, pulse oximeter, fetal dopplers, and others. Some of the devices used for treatment of neonates include ventilators, incubators, monitors, and phototherapy units. Companies are planning to develop innovative infant care equipment with advanced technologies such as Internet of Things (IoT), aiding to the expansion of the market.
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Fortune Business Insights offers a detailed overview of the global market in a report, titled “Infant Care Devices Market Size, Share & Industry Analysis, By Product (Phototherapy Devices, Monitoring Equipment, Thermoregulation Equipment, Diagnostic Devices, Others), By End User (Hospitals, Ambulatory Surgical Centers, Nursing Homes, Specialty Clinics, Others) and Regional Forecast, 2019-2026.”
Leading Players operating in the Infant Care Devices Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
- Koninklijke Philips N.V.
- GENERAL ELECTRIC COMPANY
- Agiliti Health, Inc.
- MAICO Diagnostics GmbH
- Natus Medical Incorporated
- Fisher & Paykel Healthcare Limited
- Pluss Advanced Technologies Pvt. Ltd.
- Inspiration Healthcare Group plc
- Weyer GmbH
InnAccel’s SAANS Offers Breathing Support to Infants with Respiratory Syndrome
The rising awareness about infant healthcare in developed as well as developing regions is expected to drive the market growth in the forecast years. For instance, an Indian company called InnAccel Technologies Pvt. Ltd. launched a neonatal portable infant care CPAP device in April 2019. The device ’SAANS’ aims to offer breathing support to infants suffering from respiratory distress syndrome (RDS). The rising prevalence of severe health conditions among infants is expected to accelerate the global demand for infant care products. This, in turn, is expected to stimulate growth in the infant care market.
Infant Care Devices Market Segmentation:
- Phototherapy Devices
- CFL Phototherapy Units
- LED Phototherapy Units
- Monitoring Equipment
- EEG Devices
- Blood Gas Monitoring Devices
- Brain Monitoring Devices
- Thermoregulation Equipment
- Neonatal Cooling System
- Diagnostic Devices
- Magnetic Resonance Imaging (MRI)
- Computed Tomography (CT)
- Hearing screening Devices
- Non-Invasive Diagnostic Devices
- Eye Imaging
By End User
- Ambulatory Surgical Centers
- Nursing Homes
- Specialty Clinics
- North America (USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
Reasons to Purchase this Report:
- Comprehensive analysis of the Infant Care Devices Market growth drivers, obstacles, opportunities, and other related challenges.
- Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
- Identifies market restraints and boosters.
- Identifies all the possible segments present in the market to aid organizations in strategic business planning.
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