Increasing prevalence of preterm birth will drive growth -Technavio

NEW YORK, Jan. 9, 2023 /PRNewswire/ —

Baby warming devices market insights –

  • Vendors: 15+, Including Advin Health Care, Alfamedic s.r.o, Ardo medical AG, Carevel Medical Systems Pvt. Ltd., Cliniva Healthcare, Draegerwerk AG and Co. KGaA, Fisher and Paykel Healthcare Corp. Ltd., General Electric Co., GINEVRI Srl, Hospital Equipment Manufacturing Co., Ibis Medical, Inspiration Healthcare Group Plc, International Biomedical Ltd., Kay and Co., MTTS Co. Ltd., Narang Medical Ltd., Nice Neotech Medical Systems Pvt. Ltd., Phoenix Medical Systems P Ltd., TahatAksi, and VNG Medical Innovation System Pvt. Ltd. among others
  • Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
  • Segments: End-user (hospitals, pediatric centers, and labor and delivery centers), product type (phototherapy units, radiant warmers, and incubators), and geography (North America, Europe, Asia, and Rest of World (ROW)).

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The baby warming devices market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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In 2017, the baby warming devices market was valued at USD 1,661.64 million. From a regional perspective, North America held the largest market share, valued at USD 711.18 million. The baby warming devices market size is estimated to grow by USD 527.43 million from 2022 to 2027 at a CAGR of 4.84% according to Technavio.

Baby warming devices market – Customer Landscape
To help companies evaluate and develop growth strategies, the report outlines –

  • Key purchase criteria
  • Adoption rates
  • Adoption lifecycle
  • Drivers of price sensitivity
  • For highlights on customer landscape analysis, download a sample!

Global Baby warming devices market – Vendor Insights

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market’s competitive landscape and offers information on several market vendors including – 

  • Advin Health Care: The company offers baby warming devices to provide heat to the body with microcontroller-based temperature control. 
  • Alfamedic s.r.o: The company offers baby warming devices that are for newborns including basic treatment in delivery rooms. 
  • Ardo medical AG: The company offers baby warming devices with a control panel that is laid out in an easy-to-view and easy-to-operate manner. 

Global baby warming devices market Market dynamics

Major drivers –

  • Increasing prevalence of preterm birth
  • Infant mortality due to pregnancy complication
  • Market expansion in emerging economies

KEY challenges – 

  • Affordability issues
  • Risk of fire hazard
  • Stringent regulatory requirements

Drivers, & Challenges have an impact on market dynamics and can impact businesses. Find some insights from a sample report!

What are the key data covered in this baby warming devices market report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the baby warming devices market between 2023 and 2027
  • Precise estimation of the size of the baby warming devices market and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the baby warming devices market across North America, Europe, Asia, and Rest of World (ROW)
  • A thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of baby warming devices market vendors

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Baby Warming Devices Market Scope

Report Coverage

Details

Page number

156

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.84%

Market growth 2023-2027

USD 527.43 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

3.9

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 39%

Key countries

US, Canada, Germany, UK, and China

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Advin Health Care, Alfamedic s.r.o, Ardo medical AG, Carevel Medical Systems Pvt. Ltd., Cliniva Healthcare, Draegerwerk AG and Co. KGaA, Fisher and Paykel Healthcare Corp. Ltd., General Electric Co., GINEVRI Srl, Hospital Equipment Manufacturing Co., Ibis Medical, Inspiration Healthcare Group Plc, International Biomedical Ltd., Kay and Co., MTTS Co. Ltd., Narang Medical Ltd., Nice Neotech Medical Systems Pvt. Ltd., Phoenix Medical Systems P Ltd., TahatAksi, and VNG Medical Innovation System Pvt. Ltd.

Market dynamics

Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table of Contents

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.4 Market outlook: Forecast for 2022-2027 
    • Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
    • Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global baby warming devices market 2017 – 2021
    • Exhibit 18: Historic Market Size – Data Table on Global baby warming devices market 2017 – 2021 ($ million)
  • 4.2 End-user Segment Analysis 2017 – 2021 
    • Exhibit 19: Historic Market Size – End-user Segment 2017 – 2021 ($ million)
  • 4.3 Product Segment Analysis 2017 – 2021 
    • Exhibit 20: Historic Market Size – Product Segment 2017 – 2021 ($ million)
  • 4.4 Geography Segment Analysis 2017 – 2021 
    • Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)
  • 4.5 Country Segment Analysis 2017 – 2021 
    • Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

  • 5.1 Five forces summary 
    • Exhibit 23: Five forces analysis – Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry 
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition 
    • Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by End-user

  • 6.1 Market segments 
    • Exhibit 30: Chart on End-user – Market share 2022-2027 (%)
    • Exhibit 31: Data Table on End-user – Market share 2022-2027 (%)
  • 6.2 Comparison by End-user 
    • Exhibit 32: Chart on Comparison by End-user
    • Exhibit 33: Data Table on Comparison by End-user
  • 6.3 Hospitals – Market size and forecast 2022-2027
    • Exhibit 34: Chart on Hospitals – Market size and forecast 2022-2027 ($ million)
    • Exhibit 35: Data Table on Hospitals – Market size and forecast 2022-2027 ($ million)
    • Exhibit 36: Chart on Hospitals – Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Hospitals – Year-over-year growth 2022-2027 (%)
  • 6.4 Pediatric centers – Market size and forecast 2022-2027
    • Exhibit 38: Chart on Pediatric centers – Market size and forecast 2022-2027 ($ million)
    • Exhibit 39: Data Table on Pediatric centers – Market size and forecast 2022-2027 ($ million)
    • Exhibit 40: Chart on Pediatric centers – Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Pediatric centers – Year-over-year growth 2022-2027 (%)
  • 6.5 Labor and delivery centers – Market size and forecast 2022-2027 
    • Exhibit 42: Chart on Labor and delivery centers – Market size and forecast 2022-2027 ($ million)
    • Exhibit 43: Data Table on Labor and delivery centers – Market size and forecast 2022-2027 ($ million)
    • Exhibit 44: Chart on Labor and delivery centers – Year-over-year growth 2022-2027 (%)
    • Exhibit 45: Data Table on Labor and delivery centers – Year-over-year growth 2022-2027 (%)
  • 6.6 Market opportunity by End-user 
    • Exhibit 46: Market opportunity by End-user ($ million)

7 Market Segmentation by Product Type

  • 7.1 Market segments 
    • Exhibit 47: Chart on Product Type – Market share 2022-2027 (%)
    • Exhibit 48: Data Table on Product Type – Market share 2022-2027 (%)
  • 7.2 Comparison by Product Type 
    • Exhibit 49: Chart on Comparison by Product Type
    • Exhibit 50: Data Table on Comparison by Product Type
  • 7.3 Phototherapy units – Market size and forecast 2022-2027
    • Exhibit 51: Chart on Phototherapy units – Market size and forecast 2022-2027 ($ million)
    • Exhibit 52: Data Table on Phototherapy units – Market size and forecast 2022-2027 ($ million)
    • Exhibit 53: Chart on Phototherapy units – Year-over-year growth 2022-2027 (%)
    • Exhibit 54: Data Table on Phototherapy units – Year-over-year growth 2022-2027 (%)
  • 7.4 Radiant warmers – Market size and forecast 2022-2027
    • Exhibit 55: Chart on Radiant warmers – Market size and forecast 2022-2027 ($ million)
    • Exhibit 56: Data Table on Radiant warmers – Market size and forecast 2022-2027 ($ million)
    • Exhibit 57: Chart on Radiant warmers – Year-over-year growth 2022-2027 (%)
    • Exhibit 58: Data Table on Radiant warmers – Year-over-year growth 2022-2027 (%)
  • 7.5 Incubators – Market size and forecast 2022-2027
    • Exhibit 59: Chart on Incubators – Market size and forecast 2022-2027 ($ million)
    • Exhibit 60: Data Table on Incubators – Market size and forecast 2022-2027 ($ million)
    • Exhibit 61: Chart on Incubators – Year-over-year growth 2022-2027 (%)
    • Exhibit 62: Data Table on Incubators – Year-over-year growth 2022-2027 (%)
  • 7.6 Market opportunity by Product Type 
    • Exhibit 63: Market opportunity by Product Type ($ million)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 65: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 66: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 67: Chart on Geographic comparison
    • Exhibit 68: Data Table on Geographic comparison
  • 9.3 North America – Market size and forecast 2022-2027
    • Exhibit 69: Chart on North America – Market size and forecast 2022-2027 ($ million)
    • Exhibit 70: Data Table on North America – Market size and forecast 2022-2027 ($ million)
    • Exhibit 71: Chart on North America – Year-over-year growth 2022-2027 (%)
    • Exhibit 72: Data Table on North America – Year-over-year growth 2022-2027 (%)
  • 9.4 Europe – Market size and forecast 2022-2027
    • Exhibit 73: Chart on Europe – Market size and forecast 2022-2027 ($ million)
    • Exhibit 74: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
    • Exhibit 75: Chart on Europe – Year-over-year growth 2022-2027 (%)
    • Exhibit 76: Data Table on Europe – Year-over-year growth 2022-2027 (%)
  • 9.5 Asia – Market size and forecast 2022-2027 
    • Exhibit 77: Chart on Asia – Market size and forecast 2022-2027 ($ million)
    • Exhibit 78: Data Table on Asia – Market size and forecast 2022-2027 ($ million)
    • Exhibit 79: Chart on Asia – Year-over-year growth 2022-2027 (%)
    • Exhibit 80: Data Table on Asia – Year-over-year growth 2022-2027 (%)
  • 9.6 Rest of World (ROW) – Market size and forecast 2022-2027
    • Exhibit 81: Chart on Rest of World (ROW) – Market size and forecast 2022-2027 ($ million)
    • Exhibit 82: Data Table on Rest of World (ROW) – Market size and forecast 2022-2027 ($ million)
    • Exhibit 83: Chart on Rest of World (ROW) – Year-over-year growth 2022-2027 (%)
    • Exhibit 84: Data Table on Rest of World (ROW) – Year-over-year growth 2022-2027 (%)
  • 9.7 US – Market size and forecast 2022-2027
    • Exhibit 85: Chart on US – Market size and forecast 2022-2027 ($ million)
    • Exhibit 86: Data Table on US – Market size and forecast 2022-2027 ($ million)
    • Exhibit 87: Chart on US – Year-over-year growth 2022-2027 (%)
    • Exhibit 88: Data Table on US – Year-over-year growth 2022-2027 (%)
  • 9.8 China – Market size and forecast 2022-2027
    • Exhibit 89: Chart on China – Market size and forecast 2022-2027 ($ million)
    • Exhibit 90: Data Table on China – Market size and forecast 2022-2027 ($ million)
    • Exhibit 91: Chart on China – Year-over-year growth 2022-2027 (%)
    • Exhibit 92: Data Table on China – Year-over-year growth 2022-2027 (%)
  • 9.9 Germany – Market size and forecast 2022-2027
    • Exhibit 93: Chart on Germany – Market size and forecast 2022-2027 ($ million)
    • Exhibit 94: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
    • Exhibit 95: Chart on Germany – Year-over-year growth 2022-2027 (%)
    • Exhibit 96: Data Table on Germany – Year-over-year growth 2022-2027 (%)
  • 9.10 Canada – Market size and forecast 2022-2027
    • Exhibit 97: Chart on Canada – Market size and forecast 2022-2027 ($ million)
    • Exhibit 98: Data Table on Canada – Market size and forecast 2022-2027 ($ million)
    • Exhibit 99: Chart on Canada – Year-over-year growth 2022-2027 (%)
    • Exhibit 100: Data Table on Canada – Year-over-year growth 2022-2027 (%)
  • 9.11 UK – Market size and forecast 2022-2027
    • Exhibit 101: Chart on UK – Market size and forecast 2022-2027 ($ million)
    • Exhibit 102: Data Table on UK – Market size and forecast 2022-2027 ($ million)
    • Exhibit 103: Chart on UK – Year-over-year growth 2022-2027 (%)
    • Exhibit 104: Data Table on UK – Year-over-year growth 2022-2027 (%)
  • 9.12 Market opportunity by geography 
    • Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

  • 10.3 Impact of drivers and challenges 
    • Exhibit 106: Impact of drivers and challenges in 2022 and 2027

11 Vendor Landscape

  • 11.2 Vendor landscape 
    • Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption 
    • Exhibit 108: Overview on factors of disruption
  • 11.4 Industry risks 
    • Exhibit 109: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered 
    • Exhibit 110: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 111: Matrix on vendor position and classification
  • 12.3 Advin Health Care 
    • Exhibit 112: Advin Health Care – Overview
    • Exhibit 113: Advin Health Care – Product / Service
    • Exhibit 114: Advin Health Care – Key offerings
  • 12.4 Alfamedic s.r.o 
    • Exhibit 115: Alfamedic s.r.o – Overview
    • Exhibit 116: Alfamedic s.r.o – Product / Service
    • Exhibit 117: Alfamedic s.r.o – Key offerings
  • 12.5 Ardo medical AG 
    • Exhibit 118: Ardo medical AG – Overview
    • Exhibit 119: Ardo medical AG – Product / Service
    • Exhibit 120: Ardo medical AG – Key offerings
  • 12.6 Draegerwerk AG and Co. KGaA 
    • Exhibit 121: Draegerwerk AG and Co. KGaA – Overview
    • Exhibit 122: Draegerwerk AG and Co. KGaA – Business segments
    • Exhibit 123: Draegerwerk AG and Co. KGaA – Key offerings
    • Exhibit 124: Draegerwerk AG and Co. KGaA – Segment focus
  • 12.7 Fisher and Paykel Healthcare Corp. Ltd.
    • Exhibit 125: Fisher and Paykel Healthcare Corp. Ltd. – Overview
    • Exhibit 126: Fisher and Paykel Healthcare Corp. Ltd. – Product / Service
    • Exhibit 127: Fisher and Paykel Healthcare Corp. Ltd. – Key news
    • Exhibit 128: Fisher and Paykel Healthcare Corp. Ltd. – Key offerings
  • 12.8 General Electric Co. 
    • Exhibit 129: General Electric Co. – Overview
    • Exhibit 130: General Electric Co. – Business segments
    • Exhibit 131: General Electric Co. – Key news
    • Exhibit 132: General Electric Co. – Key offerings
    • Exhibit 133: General Electric Co. – Segment focus
  • 12.9 GINEVRI Srl 
    • Exhibit 134: GINEVRI Srl – Overview
    • Exhibit 135: GINEVRI Srl – Product / Service
    • Exhibit 136: GINEVRI Srl – Key offerings
  • 12.10 Hospital Equipment Manufacturing Co. 
    • Exhibit 137: Hospital Equipment Manufacturing Co. – Overview
    • Exhibit 138: Hospital Equipment Manufacturing Co. – Product / Service
    • Exhibit 139: Hospital Equipment Manufacturing Co. – Key offerings
  • 12.11 Ibis Medical 
    • Exhibit 140: Ibis Medical – Overview
    • Exhibit 141: Ibis Medical – Product / Service
    • Exhibit 142: Ibis Medical – Key offerings
  • 12.12 Inspiration Healthcare Group Plc 
    • Exhibit 143: Inspiration Healthcare Group Plc – Overview
    • Exhibit 144: Inspiration Healthcare Group Plc – Product / Service
    • Exhibit 145: Inspiration Healthcare Group Plc – Key offerings
  • 12.13 International Biomedical Ltd. 
    • Exhibit 146: International Biomedical Ltd. – Overview
    • Exhibit 147: International Biomedical Ltd. – Product / Service
    • Exhibit 148: International Biomedical Ltd. – Key offerings
  • 12.14 Kay and Co. 
    • Exhibit 149: Kay and Co. – Overview
    • Exhibit 150: Kay and Co. – Product / Service
    • Exhibit 151: Kay and Co. – Key offerings
  • 12.15 MTTS Co. Ltd. 
    • Exhibit 152: MTTS Co. Ltd. – Overview
    • Exhibit 153: MTTS Co. Ltd. – Product / Service
    • Exhibit 154: MTTS Co. Ltd. – Key offerings
  • 12.16 Phoenix Medical Systems P Ltd. 
    • Exhibit 155: Phoenix Medical Systems P Ltd. – Overview
    • Exhibit 156: Phoenix Medical Systems P Ltd. – Product / Service
    • Exhibit 157: Phoenix Medical Systems P Ltd. – Key offerings
  • 12.17 VNG Medical Innovation System Pvt. Ltd.
    • Exhibit 158: VNG Medical Innovation System Pvt. Ltd. – Overview
    • Exhibit 159: VNG Medical Innovation System Pvt. Ltd. – Product / Service
    • Exhibit 160: VNG Medical Innovation System Pvt. Ltd. – Key offerings

13 Appendix

  • 13.2 Inclusions and exclusions checklist 
    • Exhibit 161: Inclusions checklist
    • Exhibit 162: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 163: Currency conversion rates for US$
  • 13.4 Research methodology 
    • Exhibit 164: Research methodology
    • Exhibit 165: Validation techniques employed for market sizing
    • Exhibit 166: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 167: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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