Market Overview:
The global neonatal warmer devices market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of preterm births, rising awareness about neonatal care, and technological advancements in neonatal warmer devices. Based on type, the global neonatal warmer devices market can be segmented into single function and multifunctional devices. Single function devices are those that only provide one specific function such as warming or humidifying air or gases. Multifunctional devices are those that provide multiple functions such as warming, humidifying, and ventilating air or gases. Hospitals constitute a larger share of this market than clinics due tot he high demand for these products from hospital settings for newborns who require intensive care treatment post-birth.
Product Definition:
Neonatal Warmer Devices are devices used to keep a newborn warm. They can be either an external device that is placed on the baby, or an internal device that is placed inside the baby. Neonatal Warmer Devices are important because they help keep newborns warm and safe.
Single Function:
Single-function devices are used for one specific function only. They have no other use apart from the primary function they serve. These devices can be of various types and sizes, but all of them perform a single task very well.
Multifunction:
Multifunction is a device that performs more than one function. It's primary functions are temperature maintenance and providing oxygen to the patient, but it also has other features like humidifier, ventilator and CO2 generator etc. In neonatal warmer devices multifunctional products are used for maintaining the optimum temperature of baby during sleep as well as providing them with required ventilation along with regulating their body core temperature using heat generated from their own body or external source.
Application Insights:
Based on the application, the market is segmented into hospital, clinic and others. The hospital segment dominated the global market in 2017 owing to increasing neonatal cases and rising awareness about preterm birth. In addition, an increase in healthcare spending by parents coupled with technological advancements for better care has fueled product demand in this segment.
The clinic application is expected to witness a lucrative CAGR of XX% from 2018 to 2030 as neonatal clinics focus more on comfort measures for premature babies without compromising with their health conditions. Neonatal warmers are considered one of the basic equipment at most clinics due to its ease of use along with other advanced medical devices such as oxygenators and incubators that ensure proper baby care at reduced costs while maintaining high standards of quality services provided by hospitals worldwide.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare facilities, high disposable income, and increasing awareness about infant health are some of the major factors contributing to the growth of this regional market. Moreover, according to WHO estimates published in January 2018, neonatal mortality rate has declined by more than 50% from 1990 to 2015 in Canada and by more than 60% from 2000 to 2013. This decline is mainly due to better hygiene and sanitation practices along with accessions made for improving maternal care during pregnancy.
Growth Factors:
- Increasing incidence of premature births: The increasing incidence of premature births is the major growth driver for the neonatal warmer devices market. According to a study by WHO, in 2015, around 15 million babies were born prematurely and this number is expected to increase in the coming years. This will create a high demand for neonatal warmer devices and boost the market growth.
- Rising awareness about newborn health: There has been a rise in awareness about newborn health in recent years due to various campaigns by government and non-government organizations. This has led to an increase in adoption of neonatal warmer devices, which is driving the market growth.
- Technological advancements: The technological advancements taking place in the field of medical technology are propelling the growth of the neonatal warmer devices market as these devices are becoming more sophisticated with each passing day. For instance, new technologies such as microprocessor controls are being incorporated into these devices that help maintain accurate temperature settings for infants’ critical care needs thereby improving their outcomes significantly .This is resulting in an increased demand for these products from healthcare providers across all regions worldwide thereby boosting market growth .
Scope Of The Report
Report Attributes
Report Details
Report Title
Neonatal Warmer Devices Market Research Report
By Type
Single Function, Multifunction
By Application
Hospital, Clinic
By Companies
GE Healthcare, Drager, Atom Medical, Fanem, DAVID, Dison, Mediprema, Phoenix Medical, JW Medical, Cobams, Weyer, Medicor, Advanced
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Neonatal Warmer Devices Market Report Segments:
The global Neonatal Warmer Devices market is segmented on the basis of:
Types
Single Function, Multifunction
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GE Healthcare
- Drager
- Atom Medical
- Fanem
- DAVID
- Dison
- Mediprema
- Phoenix Medical
- JW Medical
- Cobams
- Weyer
- Medicor
- Advanced
Highlights of The Neonatal Warmer Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Function
- Multifunction
- By Application:
- Hospital
- Clinic
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Neonatal Warmer Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A neonatal warmer device is a small, battery-operated device that is used to warm premature or newborn infants. Neonatal warms devices are typically placed on the chest of the infant and can be turned on and off as needed.
Some of the major players in the neonatal warmer devices market are GE Healthcare, Drager, Atom Medical, Fanem, DAVID, Dison, Mediprema, Phoenix Medical, JW Medical, Cobams, Weyer, Medicor, Advanced.
The neonatal warmer devices market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Neonatal Warmer Devices Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Neonatal Warmer Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Neonatal Warmer Devices Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Neonatal Warmer Devices Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Neonatal Warmer Devices Market Size & Forecast, 2020-2028
4.5.1 Neonatal Warmer Devices Market Size and Y-o-Y Growth
4.5.2 Neonatal Warmer Devices Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single Function
5.2.2 Multifunction
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Neonatal Warmer Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Neonatal Warmer Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single Function
9.6.2 Multifunction
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single Function
10.6.2 Multifunction
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single Function
11.6.2 Multifunction
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single Function
12.6.2 Multifunction
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single Function
13.6.2 Multifunction
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Neonatal Warmer Devices Market: Competitive Dashboard
14.2 Global Neonatal Warmer Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE Healthcare
14.3.2 Drager
14.3.3 Atom Medical
14.3.4 Fanem
14.3.5 DAVID
14.3.6 Dison
14.3.7 Mediprema
14.3.8 Phoenix Medical
14.3.9 JW Medical
14.3.10 Cobams
14.3.11 Weyer
14.3.12 Medicor
14.3.13 Advanced
