Global Neonatal Incubators
Market Report
2025
The global Neonatal Incubators market size will be USD 712.5 million in 2024. Increase in the number of premature births is expected to boost sales to USD 1294.13632 million by 2031, with a Compound Annual Growth Rate (CAGR) of 9.00% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Neonatal Incubators Market Report 2024.
According to Cognitive Market Research, the global Neonatal Incubators market size will be USD 712.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 9.00% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Neonatal Incubators Market Sales Revenue 2024 | $ 712.5 Million |
Global Neonatal Incubators Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9% |
Market Drivers:
| |
Market Restrains:
| |
Market Trends:
|
Market Split by Product Type Outlook: |
|
Market Split by Application Outlook: |
|
Market Split by End-user Outlook: |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Report scope is customizable as we have a huge database of Neonatal Incubators industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Neonatal Incubators Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Neonatal incubators are biomedical equipment that give babies and newborns the warmth, humidity, and oxygen they need in a regulated environment. Advanced incubators not only maintain the necessary environment but also keep an eye on the vital signs and body temperature. Soft matter, which is typically in the form of a trolley and covered with a plastic cover, makes up incubators. Additionally, this technology shields babies from diseases, dust, pollution, and noise. Because preterm babies' natural metabolic rates are lower, they produce less heat, which is why neonatal incubators are recommended for them. Because of the rising number of preterm deliveries, the global market for neonatal incubators is anticipated to expand significantly. In 2020, a projected 13.4 million babies were born before 37 full weeks of pregnancy, called preterm. About 900,000 deaths in 2019 were caused by preterm birth problems, making them the greatest cause of death for children under the age of five. according to the World Health Organization (WHO). Numerous domestic and foreign competitors in the industry compete on features and prices. In an effort to drive market expansion, industry participants are providing new technological features and competitive pricing. Additionally, businesses working with healthcare providers and group purchase groups aim to expand their market share. Furthermore, improvements in neonatal incubator technologies that make them easier to operate and have more functions, as well as increased awareness of the need to prevent problems like hyperthermia, are anticipated to propel the worldwide neonatal incubators market during the forecast period.
Growing awareness of neonatal care has been the primary driver of the worldwide neonatal incubator market's recent notable expansion. There is a greater focus on protecting the health of premature and low-birth-weight babies as medical technology develops. Neonatal incubators are critical for providing a regulated environment that replicates the humidity, warmth, and infection protection found in a mother's womb. Healthcare facilities around the world are purchasing modern incubation systems in an effort to increase infant survival rates and reduce health hazards due to the rising prevalence of preterm births and neonatal problems. Furthermore, technological developments have resulted in the creation of novel elements for neonatal incubators that improve their effectiveness and safety. In order to closely monitor the infant's vital signs and guarantee ideal conditions for growth and development, these contemporary incubation systems come with features like temperature regulation, humidity control, and integrated monitoring systems. Additionally, by integrating smart sensors and networking solutions, medical professionals can remotely monitor infants and intervene when necessary, lowering the risk of problems and enhancing the overall results of neonatal care.
The market for neonatal incubators is anticipated to grow as a result of the proliferation of portable incubators. Because of their lightweight, small size, and ease of mobility, portable incubators enable medical professionals to give neonatal care to patients in a variety of locations. This mobility facilitates prompt interventions and enhances access to newborn care, especially in emergency settings or in areas with little healthcare infrastructure. For instance, mOm Incubators and the technical team at EG Technology produced the small and portable neonatal incubator known as the mOm Essential Incubator in July 2022. Three-quarters of the more than one million premature newborn deaths that occur each year may be avoided with thermoregulation. The mOm incubator is designed to increase the availability of routine newborn care options in the UK and other wealthy countries, as well as to save the lives of preterm infants in complex, low- or middle-income contexts. When access to specialist healthcare institutions is limited in remote or underserved locations, portable incubators make it easier to provide neonatal care. By facilitating outreach initiatives, mobile clinics, and telemedicine consultations, these gadgets allow medical practitioners to provide newborn care services to underserved communities.
Over the course of the forecast period, the market is anticipated to be negatively impacted by the high cost of neonatal incubators. The manufacturing costs of neonatal incubators with sophisticated features like wireless communication, integrated monitoring systems, closed-loop temperature control, and humidity management are typically higher. The use of complex components and technologies increases the total cost of producing these gadgets. For instance, many hospitals in low- and middle-income nations cannot afford the $1,500 to $35,000 cost of a basic incubator used in a newborn intensive care unit. Furthermore, Research & development expenditures must be high in order to create and innovate new neonatal incubator technologies. The total cost of introducing new products to the market is influenced by the substantial resources that manufacturers devote to research and development (R&D) initiatives that boost user experience, improve product performance, and satisfy changing consumer demands. The acquisition of superior materials and components for the development of neonatal incubators may result in increased production expenses. Costs are associated with parts like sensors, heating elements, insulation, and electronic components, especially if they must adhere to strict durability, dependability, and safety standards.
In order to manage the health of babies, particularly those delivered prematurely or with difficulties, healthcare facilities had to deal with the COVID-19 pandemic, which raised demand for neonatal care. Solutions for remote monitoring and telehealth were adopted more quickly as a result of the pandemic. Some neonatal incubators had sophisticated monitoring features that allowed medical professionals to keep an eye on babies from a distance, eliminating the need for continual in-person presence. Furthermore, continuous initiatives to strengthen healthcare infrastructure and distribute vaccines had an impact on the market in the post-pandemic era.
We have various report editions of Neonatal Incubators Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
The market for neonatal incubators is extremely fragmented, with numerous producers across the globe. These businesses are using a variety of strategies, including partnerships and collaborations, mergers and acquisitions, and the introduction of new products, to increase their customer base and satisfy the spike in consumer demand. Important players are also creating simple access to their goods and services in low-income nations and concentrating on increasing maternal and child health care.
June 2023: JW Pharmaceutical of South Korea launched three items under its new incubator brand, Hi-Mammi, on Wednesday. The company's first product launch since purchasing affiliate JW Bioscience's medical device division in January was the introduction of hybrid and high- and low-end variants. (Source: https://amp.kedglobal.com/newsAmp/ked202306290008 ) April 2023: The Babyleo TN500 IncuWarmer, developed by Dragerwerk AG & Co. KGaA, is intended to give preterm babies the best possible humidity and thermoregulation management. Premature babies can benefit from thermoregulation using the Babyleo TN500 IncuWarmer, an incubator and warmer. To keep the temperature constant, it makes use of three synchronized heat sources. (Source: https://www.news-medical.net/Babyleo-TN500-IncuWarmer-from-Drager ) September 2021: The new Ambia and Ponta ceiling supply systems from Dräger, which went into effect, give hospitals a lot of flexibility when designing workstations that support particular clinical demands in the NICU, operating room, and intensive care unit. (Source: https://www.draeger.com/Content/Documents/Content/ambia-ponta-pr-89-en-us.pdf ) February 2021: Govind Rao, a professor of chemical, biochemical, and environmental engineering at UMBC, acknowledged that he was working on a low-cost method to improve treatments for premature infants. Because of the public impact study that UMBC students and Rao started, an inventive incubator that is projected to cost less than $200 has successfully undergone clinical testing. (Source: https://postdoctoralaffairs.umbc.edu/news/post/99521/ )
Top Companies Market Share in Neonatal Incubators Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America currently dominates the Neonatal Incubators market, and the region is expected to have significant growth during the projected period driven by substantial expenditures in medical technology, a sophisticated healthcare system, and a high level of awareness regarding newborn care. The area's well-established medical institutions treat an increasing number of preterm babies, which fuels the need for advanced neonatal incubators.
Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR) ascribed to rising healthcare costs and technological developments in infant care. Additionally, the region's high rates of preterm births and multiple births have drawn major investors to Asia-Pacific, which significantly supports market expansion.
The current report Scope analyzes Neonatal Incubators Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
According to Cognitive Market Research, the global Neonatal Incubators market size was estimated at USD 712.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 285.00 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
According to Cognitive Market Research, the global Neonatal Incubators market size was estimated at USD 712.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 213.75 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.
According to Cognitive Market Research, the global Neonatal Incubators market size was estimated at USD 712.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 163.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.0% from 2024 to 2031.
According to Cognitive Market Research, the global Neonatal Incubators market size was estimated at USD 712.5 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 35.63 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.4% from 2024 to 2031.
According to Cognitive Market Research, the global Neonatal Incubators market size was estimated at USD 712.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 14.25 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2031..
Global Neonatal Incubators Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Neonatal Incubators Industry growth. Neonatal Incubators market has been segmented with the help of its Product Type Outlook:, Application Outlook: End-user Outlook:, and others. Neonatal Incubators market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Neonatal Incubators Market?
According to Cognitive Market Research, normal incubator category is likely to dominate the Neonatal Incubators Market over the forecast period driven by the growing need in both industrialized and emerging nations for affordable and necessary newborn care solutions. For premature and seriously unwell neonates, these incubators offer a regulated environment with ideal humidity and temperature settings. They are a preferred option, particularly in healthcare settings with limited resources, due to their rather simple design, price, and efficacy in stabilizing neonates. The use of standard incubators is also being accelerated by government efforts to upgrade the infrastructure for newborn care and the growing incidence of preterm births worldwide.
The transport incubator is the fastest-growing segment in the Neonatal Incubators Market. The purpose of transport incubators is to give preterm or ill neonates a controlled and secure environment while they are travelling. Their lightweight design and compact size set them apart and make moving them simple. These incubators are important in ambulances, helicopters, and airplanes because of their characteristics that keep the temperature, humidity, and oxygen levels at the right amounts while in travel. Premature births are the primary cause of the rise in neonates with long-term health problems, the demand for transport incubators, and the requirement for smooth transfers of newborns to specialist hospitals.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Neonatal Incubators Industry. Request a Free Sample PDF!
According to Cognitive Market Research, the neonatal hypothermia & low birth weight segment holds the largest share of the market caused by the rising incidence of low birth weight babies and premature deliveries globally. For these situations to improve survival rates, specific care is needed to manage body temperature and create a regulated atmosphere. This category is growing as a result of enhanced investment in newborn care facilities, improvements in incubator technology, and growing awareness of neonatal health.
In the Neonatal Incubators Market, the jaundice has been expanding at a rapid pace due to newborn jaundice's high prevalence worldwide. Jaundice is commonly treated with phototherapy, which is frequently incorporated into contemporary incubators, making this equipment indispensable in neonatal care facilities. Further propelling market expansion are technological developments that improve accessibility in remote and low-resource environments, such as the creation of portable phototherapy-enabled incubators.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
According to Cognitive Market Research, the hospital segment holds the largest market share because neonatal intensive care units (NICUs) have a greater demand for specialized treatment and cutting-edge medical technologies. To accommodate several high-risk neonates, they usually include more incubators with cutting-edge technology that enable continuous monitoring and adjustable environmental conditions based on each baby's needs.
In the Neonatal Incubators market, the rapidly growing sector is the maternity hospitals category because of its sterile and controlled environment. In order to provide preterm or sick babies with the particular care and support they require in their first few days of life, neonatal incubators are a necessary piece of equipment at maternity hospitals. Infants may need a supervised and controlled environment to recover from surgery. This atmosphere can be supplied by incubators, guaranteeing the stability and safety of the baby.
Senior Research Associate at Cognitive Market Research
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over 3+ years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies. Her expertise lies in the ability to analyze complex data sets and deliver insights that drive business decisions. At Cognitive Market Research, she handles the market research related to Pharma and healthcare industry.
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over three years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies.
In her current role, Manjiri handles the market research related to Pharma and healthcare industry. Her passion lies in utilizing innovative approaches to distill complex information into strategic insights that empower organizations to make informed decisions.Manjiri remains an invaluable asset in the dynamic landscape of market research.
Conclusion
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Product Type Outlook: | Hybrid incubator, Normal incubator, Transport incubator |
Application Outlook: | Neonatal hypothermia & low birth weight, Jaundice, Others |
End-user Outlook: | Hospitals, Maternity hospitals, Neonatal & pediatric hospitals |
List of Competitors | GE Healthcare, Natus Medical Incorporated., Inspiration Healthcare Group plc., Koninklijke Philips N.V., Pluss Advanced Technologies Pvt. Ltd., Weyer GmbH, International Biomedical Ltd., Drägerwerk AG & Co. KGaA, Fisher & Paykel Healthcare, Atom Medical Corporation, Fanem Ltda, Novos Medical Systems, BabyBloom Healthcare BV |
This chapter will help you gain GLOBAL Market Analysis of Neonatal Incubators. Further deep in this chapter, you will be able to review Global Neonatal Incubators Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Neonatal Incubators. Further deep in this chapter, you will be able to review North America Neonatal Incubators Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Neonatal Incubators. Further deep in this chapter, you will be able to review Europe Neonatal Incubators Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Neonatal Incubators. Further deep in this chapter, you will be able to review Asia Pacific Neonatal Incubators Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Neonatal Incubators. Further deep in this chapter, you will be able to review South America Neonatal Incubators Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Neonatal Incubators. Further deep in this chapter, you will be able to review Middle East and Africa Neonatal Incubators Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Neonatal Incubators. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Type Outlook: Analysis 2019 -2031, will provide market size split by Product Type Outlook:. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Type Outlook: Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Outlook: Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by End-user Outlook: Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Neonatal Incubators market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
Why Hybrid incubator have a significant impact on Neonatal Incubators market? |
What are the key factors affecting the Hybrid incubator and Normal incubator of Neonatal Incubators Market? |
What is the CAGR/Growth Rate of Neonatal hypothermia & low birth weight during the forecast period? |
By type, which segment accounted for largest share of the global Neonatal Incubators Market? |
Which region is expected to dominate the global Neonatal Incubators Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|
Published Report Editions
are Just a Tip of an Iceberg
Access the Complete Database of
Neonatal Incubators Market
Request Sample