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Incubator Devices Market 2019 Significant Growth Rate by Industry Size, Share, Market Dynamics, Development Status of Key Players Forecast to 2024

Incubator

The “Incubator Devices Market” research report 2019-2024 delivers comprehensive information and valuable insights about the Incubator Devices industry. The information available in the Incubator Devices market report is not only based on the facts but also on the case studies, which analysts have included to convey appropriate information to the clients in a well-versed manner. Incubator Devices market report includes valuable information to assist new entrants, as well as established players, to understand the prevailing trends in the market.

Some Companies Are Covered in the Incubator Devices Market:

  • Andreas Hettich GmbH & Co.KG
  • Atom Medical Corporation
  • BMT Medical Technology sro
  • Dragerwerk AG & Co. KGaA
  • GE Healthcare
  • Medhold Medical (PTY) Ltd
  • Natus Medical Incorporated
  • Panasonic Healthcare Co Ltd
  • Phoenix Medical Systems (P) Ltd
  • Thermo Fisher Scientific Inc.

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    Market Overview:

  • The incubator devices market is expected to witness a CAGR of 6.9% during the forecast period. Certain factors that are driving the market growth include the rising prevalence of premature babies, low birth weight of babies, and growing R&D in healthcare.
  • In the past decade, the rise in the prevalence of premature babies globally increased the demand for incubators in the market. According to the World Health Organization (WHO), the preterm birth is on the rise. Each year, nearly 15 million babies are born preterm, which is before 37 completed weeks of gestation. In 2015, preterm birth complications were responsible for nearly one million deaths. Therefore, the rising demand for neonatal incubators is expected globally, thus, contributing to the growth of the incubator devices market.
  • However, the high cost of incubators is one of the major factors hindering the growth of this market. Also, it is accompanied by the absence of proper guidelines regarding the design and function of platelet incubators, which hampers the market. This has particularly been observed in the underdeveloped and developing countries. Other factors, such as lack of awareness among people in emerging countries, is also hampering the growth of the incubator devices market.<

    Scope of the Report:

  • Incubators are devices that facilitate the growth of an organism by providing it with optimum temperature and environment. Thus, an incubator helps weak or small premature babies to survive. It comprises of a transparent container in which the temperature and oxygen levels can be controlled. It can also refer to a piece of equipment which can be used to keep eggs or bacteria at the correct temperature in order to develop properly.

    Reasons for Buying Incubator Devices Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    Hospitals and Birthing Centers segment is Expected to Hold Significant Market Share in the End User Type

    An infant incubator is most commonly used in pediatric hospitals, birthing centers, and neonatal intensive care units. Hospitals are considered as major places by the manufacturers of neonatal incubators for selling their products, owing to the fact that it helps in building brand image and further expanding their product reach. The increasing government focus on reducing mortality and morbidity rates of infants has also led the hospitals to concentrate on increasing their productivity eventually, by adopting advanced and innovative medical devices, including neonatal incubators.

    North America Dominates the Market and Expected to do Same in the Forecast Period

    The growing number of preterm babies, well-developed healthcare infrastructure, presence of key manufacturers, and high technologies are the factors contributing to the growth of the incubator devices market in North America. According to the Centers for Disease Control and Prevention (CDC), in 2017, about 1 in 10 babies was born too early in the United States.

    In addition, a large population in the Asia-Pacific region, with emerging economies makes this region promising for the growth of the market.

    Incubator Devices Market Report Provides Comprehensive Analysis of:

    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examination

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    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

    Detailed TOC of Incubator Devices Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Rising Prevalence of Premature Babies
    4.2.2 Low Birth Weight of Babies
    4.2.3 Growing R&D in Healthcare
    4.3 Market Restraints
    4.3.1 High Cost of Incubators
    4.3.2 Lack of Awareness in Emerging Economies
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 Product Type
    5.1.1 Neonatal Incubators
    5.1.1.1 Portable or Transport Incubator
    5.1.1.2 Open Box Incubator
    5.1.1.3 Close Box Incubator
    5.1.1.4 Double Walled Incubator
    5.1.2 Microbiological Incubators
    5.1.3 Hatching Incubators
    5.1.4 Other Product Types
    5.2 End User
    5.2.1 Hospitals and Birthing Centers
    5.2.2 Research Laboratories
    5.2.3 Pharmaceutical Laboratories
    5.2.4 Diagnostic Labs
    5.2.5 Other End Users
    5.3 Geography
    5.3.1 North America
    5.3.1.1 US
    5.3.1.2 Canada
    5.3.1.3 Mexico
    5.3.2 Europe
    5.3.2.1 Germany
    5.3.2.2 UK
    5.3.2.3 France
    5.3.2.4 Italy
    5.3.2.5 Spain
    5.3.2.6 Rest of Europe
    5.3.3 Asia-Pacific
    5.3.3.1 China
    5.3.3.2 Japan
    5.3.3.3 India
    5.3.3.4 Australia
    5.3.3.5 South Korea
    5.3.3.6 Rest of Asia-Pacific
    5.3.4 Middle East & Africa
    5.3.4.1 GCC
    5.3.4.2 South Africa
    5.3.4.3 Rest of Middle East & Africa
    5.3.5 South America
    5.3.5.1 Brazil
    5.3.5.2 Argentina
    5.3.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Andreas Hettich GmbH & Co.KG
    6.1.2 Atom Medical Corporation
    6.1.3 BMT Medical Technology sro
    6.1.4 Dragerwerk AG & Co. KGaA
    6.1.5 GE Healthcare
    6.1.6 Medhold Medical (PTY) Ltd
    6.1.7 Natus Medical Incorporated
    6.1.8 Panasonic Healthcare Co Ltd
    6.1.9 Phoenix Medical Systems (P) Ltd
    6.1.10 Thermo Fisher Scientific Inc.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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