Market Overview:
The global neonatal warmer 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 warmers. Based on type, the global neonatal warmer market can be segmented into single function and multifunctional warmers. The single function segment is expected to account for a larger share of the market than the multifunctional segment during the forecast period. This can be attributed to their low cost and easy operability as compared to multifunctional warmers. Based on application, the global neonatal warmer market can be divided into public sector and private sector segments.
Product Definition:
A neonatal warmer is a device that helps keep newborn infants warm. It may be used to prevent or treat hypothermia.
Single Function:
Single-function or single-use devices are used for a specific function and cannot be modified to perform different tasks. The growth factor in the neonatal warmer market is increasing due to high demand from hospitals, clinics, and other end users.
The factors that propel the growth of this market include rising number of premature births (more than 37 weeks gestation), technological advancements such as automation in temperature control system and growing awareness among parents regarding safety measures for newborns.
Multifunction:
Multifunction is a device that performs more than one task. It helps in maintaining the temperature of the incubator and at the same time it can be used as a humidifier, air purifier or can even help in providing light for your incubator. In neonatal warmer market there are not many products which fulfill all these functions so multifunctional product becomes an essential part of any neonatal warmer.
Application Insights:
The private sector dominated the global neonatal warmer market in terms of revenue in 2017. This segment is expected to witness significant growth over the forecast period owing to increasing adoption of these products by hospitals and clinics for warming baby¢â‚¬â„¢s body temperature. Furthermore, product manufacturers are launching new products with advanced features, which will help parents maintain ease while using them. For instance, Snugli newborn infant care device has a unique feature that allows parents to adjust the intensity and heat setting according to their baby¢â‚¬â„¢s needs.
The public sector was estimated as the largest application segment in 2017 due to rising government initiatives on improving healthcare facilities for mothers and infants across various regions globally.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare facilities, high disposable income and consumer awareness regarding the availability of advanced products are some factors responsible for its large share. Moreover, government initiatives to improve neonatal care services are expected to fuel product demand over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to improving economic conditions and rising disposable income levels in emerging countries such as China and India. Furthermore, an increasing number of births every year coupled with a rise in per capita spending power will further drive this regional market over the next eight years.
The European region accounted for more than 20% share in 2017 owing to growing consumer awareness regarding infant health along with supportive reimbursement policies that encourage adoption of these devices by pediatricians & GPs across this region since 2010s decade onwards (ECREME).
Growth Factors:
- Increasing incidence of premature births: The incidence of premature births is increasing globally due to various factors such as lifestyle changes, increase in maternal age, and environmental pollution. This is leading to an increase in the demand for neonatal warmers.
- Rising awareness about the benefits of using neonatal warmers: There is a growing awareness among healthcare professionals and parents about the benefits of using neonatal warmers, which is driving the growth of this market.
- Technological advancements in neonatal warmer products: The technological advancements in neonatal warmer products are helping to improve their performance and safety features, thereby driving their adoption rates worldwide.
- Growing number of private hospitals: There has been a significant growth in the number of private hospitals across the globe over the past few years, which is aiding the growth of this market significantly.
Scope Of The Report
Report Attributes
Report Details
Report Title
Neonatal Warmer Market Research Report
By Type
Single Function, Multifunction
By Application
Public Sector, Private Sector
By Companies
GE Healthcare, Drager, Natus Medical, Advanced, Atom Medical, Phoenix Medical, JW Medical, DAVID, Fanem, Dison, Mediprema, Cobams, Weyer, Medicor
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
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Neonatal Warmer Market Report Segments:
The global Neonatal Warmer 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
Public Sector, Private Sector
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
- Natus Medical
- Advanced
- Atom Medical
- Phoenix Medical
- JW Medical
- DAVID
- Fanem
- Dison
- Mediprema
- Cobams
- Weyer
- Medicor
Highlights of The Neonatal Warmer 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:
- Public Sector
- Private Sector
- 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 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 is a device used to keep newborns warm.
Some of the key players operating in the neonatal warmer market are GE Healthcare, Drager, Natus Medical, Advanced, Atom Medical, Phoenix Medical, JW Medical, DAVID, Fanem, Dison, Mediprema, Cobams, Weyer, Medicor.
The neonatal warmer market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Neonatal Warmer 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 Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Neonatal Warmer 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 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 Market Size & Forecast, 2020-2028
4.5.1 Neonatal Warmer Market Size and Y-o-Y Growth
4.5.2 Neonatal Warmer 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 Public Sector
6.2.2 Private Sector
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Neonatal Warmer 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 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 Public Sector
9.10.2 Private Sector
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 Public Sector
10.10.2 Private Sector
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 Public Sector
11.10.2 Private Sector
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 Public Sector
12.10.2 Private Sector
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 Public Sector
13.10.2 Private Sector
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 Market: Competitive Dashboard
14.2 Global Neonatal Warmer 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 Natus Medical
14.3.4 Advanced
14.3.5 Atom Medical
14.3.6 Phoenix Medical
14.3.7 JW Medical
14.3.8 DAVID
14.3.9 Fanem
14.3.10 Dison
14.3.11 Mediprema
14.3.12 Cobams
14.3.13 Weyer
14.3.14 Medicor
