INFANT RADIANT WARMER MARKET ANALYSIS

Regional Analysis

In terms of geography, the global infant radiant warmer market can be segmented into North America, Europe, Asia-Pacific, and Rest of the World. The North America market accounts for the highest market share owing to the established healthcare infrastructure, increased healthcare expenditure and high disposable income. Also, major players in the infant radiant warmer market are based in North America. However, Asia Pacific market is projected to grow at a faster rate owing to the rapidly developing healthcare infrastructure and rising prevalence of premature births in the region. For instance, according to a survey conducted by WHO in 2010, out of 27 million babies born in India, over 3.5 million were born premature. Also, an increase in healthcare spending in countries such as China and India is analyzed to boost growth of the infant radiant warmer market during the forecast period.