Market Overview:
The global radiant warmer for preterm infant 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 demand for technologically advanced products, and growing awareness about neonatal care. Based on type, the global radiant warmer for preterm infant market can be segmented into single function and multifunctional radiant warmers. The single function segment is expected to account for a larger share of the market in 2018 owing to its low cost and easy installation. However, the multifunctional segment is projected to grow at a higher CAGR during the forecast period as it offers several advantages over single function warmers such as better patient safety and reduced infection rates. Based on application, hospitals are expected to account for a larger share of the global radiant warmer for preterm infant market in 2018 followed by clinics. Hospitals are increasingly adopting advanced technologies such as radiant warmers due their ability improve patient outcomes through better temperature management.
Product Definition:
A radiant warmer is a device that uses infrared radiation to heat an object or person. It is used to warm premature infants who are at risk for hypothermia.
Single Function:
Single-function products are those that perform only one task or function. They have a single temperature control setting and may have features such as vibrating massage, aroma therapy, etc. The market for single-function products is expected to grow at a rapid rate due to the increasing demand for home healthcare devices and the rising number of preterm infants in hospitals across the globe.
Multifunction:
Multifunction is a device that provides both heating and cooling functions. It can be used as a radiant warmer for preterm infants or as an extra layer of clothing to help regulate the body temperature of the infant.
Application Insights:
Based on application, the market is segmented into hospital, clinic and others. The hospital segment dominated the market in 2017 owing to increasing cases of preterm birth and infant mortality across the globe. In addition, a rising number of hospitals offering in-room radiant warmers for premature infants is expected to drive demand over the forecast period.
Radiant warmer machines have been proven effective in reducing risks associated with hypothermia which often occurs during cold temperatures among premature infants thereby making it an essential product for their care. However, high initial investment coupled with operating costs incurred by clinics/hospitals may hinder industry growth over the forecast period.
Increasing awareness about infant health & wellness among consumers has resulted in growing adoption of these products at home as well as daycare centers along with rising spending capacity among parents particularly from developed countries such as U.S.
Regional Analysis:
North America dominated the market in 2017 owing to rising cases of premature births and increasing healthcare expenditure. According to the National Center for Health Statistics, in 2015, around 6.9 million babies were born before 37 weeks of gestation while 1 out of every 3 infants are born at 23 or more weeks gestation. The high prevalence rate of premature births has increased the need for radiant warmer products in North America region.
Asia Pacific is expected to witness lucrative growth over the forecast period due to an increase in awareness about infant health and proper hygiene among mothers which leads them not to breastfeed their child resulting into underweight baby as well as preterm birth complications among others’ factors driving regional growth.
Growth Factors:
- Increasing incidence of preterm births: The global preterm birth rate has increased from 9.6% in 1990 to 11.1% in 2010 and is projected to reach 15% by 2030. This will create a large demand for Radiant Warmer for Preterm Infant products and services, driving market growth.
- Rising awareness of the benefits of Radiant Warmer for Preterm Infant products: As more health care professionals become aware of the benefits of Radiant Warmer for Preterm Infants, they will increasingly recommend these products to their patients, driving market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Radiant Warmer for Preterm Infant 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
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Radiant Warmer for Preterm Infant Market Report Segments:
The global Radiant Warmer for Preterm Infant 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 Radiant Warmer for Preterm Infant 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 Radiant Warmer for Preterm Infant 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?
Radiant Warmer is a device that helps to increase the body's temperature. It is used on preterm infants who are not able to regulate their own body temperature.
Some of the major companies in the radiant warmer for preterm infant market are GE Healthcare, Drager, Atom Medical, Fanem, DAVID, Dison, Mediprema, Phoenix Medical, JW Medical, Cobams, Weyer, Medicor, Advanced.
The radiant warmer for preterm infant 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 Radiant Warmer for Preterm Infant 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 Radiant Warmer for Preterm Infant Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Radiant Warmer for Preterm Infant 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 Radiant Warmer for Preterm Infant 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 Radiant Warmer for Preterm Infant Market Size & Forecast, 2018-2028 4.5.1 Radiant Warmer for Preterm Infant Market Size and Y-o-Y Growth 4.5.2 Radiant Warmer for Preterm Infant Market Absolute $ Opportunity
Chapter 5 Global Radiant Warmer for Preterm Infant 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 Radiant Warmer for Preterm Infant Market Size Forecast by Type
5.2.1 Single Function
5.2.2 Multifunction
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Radiant Warmer for Preterm Infant 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 Radiant Warmer for Preterm Infant Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Radiant Warmer for Preterm Infant 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 Radiant Warmer for Preterm Infant 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 Radiant Warmer for Preterm Infant Analysis and Forecast
9.1 Introduction
9.2 North America Radiant Warmer for Preterm Infant 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 Radiant Warmer for Preterm Infant 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 Radiant Warmer for Preterm Infant 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 Radiant Warmer for Preterm Infant Analysis and Forecast
10.1 Introduction
10.2 Europe Radiant Warmer for Preterm Infant 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 Radiant Warmer for Preterm Infant 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 Radiant Warmer for Preterm Infant 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 Radiant Warmer for Preterm Infant Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Radiant Warmer for Preterm Infant 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 Radiant Warmer for Preterm Infant 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 Radiant Warmer for Preterm Infant 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 Radiant Warmer for Preterm Infant Analysis and Forecast
12.1 Introduction
12.2 Latin America Radiant Warmer for Preterm Infant 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 Radiant Warmer for Preterm Infant 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 Radiant Warmer for Preterm Infant 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) Radiant Warmer for Preterm Infant Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Radiant Warmer for Preterm Infant 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) Radiant Warmer for Preterm Infant 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) Radiant Warmer for Preterm Infant 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 Radiant Warmer for Preterm Infant Market: Competitive Dashboard
14.2 Global Radiant Warmer for Preterm Infant 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