INFANT INCUBATOR MARKET ANALYSIS

Infant Incubator MarketSize and Trends

Market Trends

Infant Incubator Market Drivers

Increasing number of premature infants is expected to boost the global infant incubator market growth over the forecast period. For instance, according to World Health Organization’s (WHO) report, 2018, around 15 million infants are born in a pre-mature state worldwide annually. The report also states that prematurity is one of the major contributors of infant mortality rate worldwide. The rate of babies born in a pre-mature state ranges from 5% - 8% in 184 countries.

Increasing number of studies are focused on advancements in infant incubator, which is expected to support the global infant incubator market growth over the forecast period. For instance, in March 2019, a group of researchers from Northwestern University and the Robert H. Lurie Children’s Hospital of Chicago developed wireless sensors and biosensors for monitoring vital signs with regards to contact of mother and child in replacement of wires that are used in incubator. According to the researchers, skin-to-skin contact between mother and child decreases the risk of pulmonary complications and liver infections. Implementation of such technologies in products available in the market is expected to support global infant incubator market growth over the forecast period.