Infant Incubator Market Regional Analysis
North America is expected to hold dominant position in the global infant incubator market over the forecast period. This is owing to presence of major market players such as GE Healthcare, Natus Medical Corporation, and UTAH Medical Products Inc in the region. Moreover, potential customer base and initiatives of governments and several organizations (non-profit, and others) to increase the awareness about consistent rise in birth rate of premature infants is expected to support growth of the North America infant incubator market. For instance, March of Dime – a non-profit organization in the U.S. — celebrates November as a prematurity awareness month annually.
Moreover, Europe is expected to be the second largest market for infant incubator over the forecast period. Key players in the market are focused on participating and organizing conferences related to pre-mature birth. For instance, in March 2017, Inspiration Healthcare (U.K.-based manufacturer) sponsored a Neo-Resus conference held in the U.K. which was about neonatal resuscitation (reviving infants from unconsciousness or apparent death). These factors are expected to support the global infant incubator market growth over the forecast period.
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