Incubator Market: Global Industry Analysis and Forecast (2022-2027) by Product Type, End Users, Technology, and Region

Incubator Market size was valued at US$ 402.38 Mn. in 2021 and the total revenue is expected to grow at a CAGR of 6.6% through 2022 to 2027, reaching nearly US$ 590.45 Mn.

Incubator Market Overview:

An incubator is a safe, regulated environment in which new-borns can dwell while their important organs grow. An incubator, unlike a conventional bassinet, provides an atmosphere that can be modified to deliver the ideal temperature, as well as the ideal amount of oxygen, humidity, and light. Neonatal Incubator, Microbiological Incubator, Hatching Incubator, Peltier cooling Incubator, and Compressor cooled Incubator are the product types of the incubator. Global Incubator Market To know about the Research Methodology :- Request Free Sample Report

Incubator Market Dynamics:

The incubator market has a significant value because of its high-tech devices in diverse ranges for low-resource locations. Incubators are significantly simpler and less expensive in low-resource situations than they are in developed countries. The global market is being driven by abundant resources for incubator device training and repair, as well as nurses with standard education training. Customizable incubators are becoming increasingly popular due to their low cost, safety, and effectiveness. The global incubator market is ripe with potential because to a huge number of incubator start-ups in India and Switzerland. Unnecessary neonatal fatalities continue to be caused by a failure to pay attention to thermoregulation. Premature births are becoming more common around the world. The introduction of neonatal incubator monitoring systems for preterm babies is a result of advancements in IoT. Neonatals, or babies under the age of 28 days, have the greatest mortality rate of any stage of life, despite the fact that hypothermia is rarely the direct cause of death in neonates. The global incubator market grew as a result of this environment. The production of a portable type infant incubator with available phase change and thermal storage materials is currently the subject of research. In addition, this research seeks to replace existing open box type baby incubators with cost-effective portable baby incubators that use economical phase change materials alloyed with thermal storage materials.

Incubator Market Segment Analysis:

Based on the Product Type, the market is segmented into Neonatal Incubator, Microbiological Incubator, Hatching Incubator, Peltier cooling Incubator, Compressor cooled Incubator, and Other Product Types. Neonatal Incubator segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2022-2027. Infants are placed in neonatal incubators to be observed in a controlled environment. The incubator is made up of a fan, a heater, a water and humidity container, and an oxygen control valve. Microbiological Incubator segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2022-2027. Culture incubators and CO2 incubators are two types of microbiological incubators. For the incubation of microbial cultures, these incubators control the temperature, humidity, and CO2. CO2 incubators are used to keep animal and plant cell lines alive. Based on the End Users, the market is segmented into Hospitals and Birthing Centers, Diagnostic Labs, Research Laboratories, Pharmaceutical Labs, and Other End Users. Hospitals and Birthing Centers segment is expected to hold the largest market shares of xx% by 2027. The most typical places where an infant incubator is used are paediatric hospitals, birthing centres, and neonatal intensive care units. Manufacturers of neonatal incubators consider hospitals to be important locations for selling their products since they aid in the development of brand image and the development of product reach. The government's increased focus on lowering baby mortality and morbidity rates has prompted hospitals to focus on enhancing productivity by implementing modern and innovative medical technology, such as new-born incubators. Global Incubator Market

Incubator Market Regional Insights:

Asia Pacific region is expected to dominate the Incubator market during the forecast period 2022-2027. Asia Pacific region is expected to hold the largest market shares of xx% by 2027. India is the world's second most populous country, with a high birth rate. 2.6 million new-borns are born prematurely with low birth weight, out of a total population of 26 million (lbw). Incubators, which are housings with controlled temperature and humidity, are used to keep these LBW new-borns. Due to the cost and transportability of a new-born incubator, it is impossible for governments to provide one to each of the medical centres in rural areas. Large sums of money have been allocated by the government for the construction of an infant incubator that is economical, transportable, and energy efficient for clinics in remote areas, as well as occupied with the infant incubator's essential tasks. North America region is expected to grow rapidly at a CAGR of xx% during the forecast period 2022-2027. The existence of prominent manufacturers, as well as the availability of innovative technologies, are all factors driving to the growth of the incubator devices market in North America. According to the Centers for Disease Control and Prevention (CDC), one out of every ten new-borns in the United States was delivered prematurely in 2017. This reflects the high incidence of preterm births in the country, which in turn drives up demand for incubators. Global Incubator Market The objective of the report is to present a comprehensive analysis of the Global Incubator Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Global Incubator Market dynamic, structure by analyzing the market segments and project the Global Incubator Market size. Clear representation of competitive analysis of key players by Product Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Incubator Market make the report investor’s guide.

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Global Incubator Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US $ 402.38 Mn.
Forecast Period 2022 to 2027 CAGR: 6.6% Market Size in 2027: US $ 590.45 Mn.
Segments Covered: by Product Type • Neonatal Incubator • Microbiological Incubator • Hatching Incubator • Peltier cooling Incubator • Compressor cooled Incubator • Other Product Types
by End Users • Hospitals and Birthing Centers • Diagnostic Labs • Research Laboratories • Pharmaceutical Labs • Other End Users
by Technology • Cabinet • Access Panel • Thermostat • Oxygen Inlet • Others

Incubator Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Incubator Market Key Players

GE Healthcare • Panasonic Healthcare Co. Ltd. • Thermo Fisher Scientific • Phoenix Medical Systems (P) Ltd. • Hettich Lab Technology • Atom Medical Corporation • VWR Lab Products Pvt. Ltd. • Natus Medical Incorporated • Drägerwerk AG & Co. KGaA • Memmert GmbH Co.KG. • General Electric Company • Cobams plc. • Bistos Co., Ltd. • Fanem Ltd. • Meter Co., Ltd. Frequently Asked Questions: 1] Which region is expected to hold the highest share in the Incubator Market? Ans. Asia Pacific is expected to hold the highest share in the Incubator Market. 2] Who are the top key players in the Incubator Market? Ans. GE Healthcare, Panasonic Healthcare Co. Ltd., Thermo Fisher Scientific, Phoenix Medical Systems (P) Ltd., Hettich Lab Technology, and Atom Medical Corporation are the top key players in the Incubator Market. 3] Which segment holds the largest market share in the Incubator market by 2027? Ans. Hospitals and Birthing Centers segment hold the largest market share in the Incubator market by 2027. 4] What is the market size of the Incubator market by 2027? Ans. The market size of the Incubator market is expected to reach US $590.45 Mn. by 2027. 5] What was the market size of the Incubator market in 2021? Ans. The market size of the Incubator market was worth US $402.38 Mn. in 2021.
1. Global Incubator Market: Research Methodology 2. Global Incubator Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Incubator Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Incubator Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Incubator Market Segmentation 4.1 Global Incubator Market, by Product Type (2022-2027) • Neonatal Incubator • Microbiological Incubator • Hatching Incubator • Peltier cooling Incubator • Compressor cooled Incubator • Other Product Types 4.2 Global Incubator Market, by End Users (2022-2027) • Hospitals and Birthing Centers • Diagnostic Labs • Research Laboratories • Pharmaceutical Labs • Other End Users 4.3 Global Incubator Market, by Technology (2022-2027) • Cabinet • Access Panel • Thermostat • Oxygen Inlet • Others 5. North America Incubator Market (2022-2027) 5.1 Global Incubator Market, by Product Type (2022-2027) • Neonatal Incubator • Microbiological Incubator • Hatching Incubator • Peltier cooling Incubator • Compressor cooled Incubator • Other Product Types 5.2 Global Incubator Market, by End Users (2022-2027) • Hospitals and Birthing Centers • Diagnostic Labs • Research Laboratories • Pharmaceutical Labs • Other End Users 5.3 Global Incubator Market, by Technology (2022-2027) • Cabinet • Access Panel • Thermostat • Oxygen Inlet • Others 5.4 North America Incubator Market, by Country (2022-2027) • United States • Canada • Mexico 6. European Incubator Market (2022-2027) 6.1. European Incubator Market, by Product Type (2022-2027) 6.2. European Incubator Market, by End Users (2022-2027) 6.3. European Incubator Market, by Technology (2022-2027) 6.4. European Incubator Market, by Country (2022-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Incubator Market (2022-2027) 7.1. Asia Pacific Incubator Market, by Product Type (2022-2027) 7.2. Asia Pacific Incubator Market, by End Users (2022-2027) 7.3. Asia Pacific Incubator Market, by Technology (2022-2027) 7.4. Asia Pacific Incubator Market, by Country (2022-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Incubator Market (2022-2027) 8.1 Middle East and Africa Incubator Market, by Product Type (2022-2027) 8.2. Middle East and Africa Incubator Market, by End Users (2022-2027) 8.3. Middle East and Africa Incubator Market, by Technology (2022-2027) 8.4. Middle East and Africa Incubator Market, by Country (2022-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Incubator Market (2022-2027) 9.1. South America Incubator Market, by Product Type (2022-2027) 9.2. South America Incubator Market, by End Users (2022-2027) 9.3. South America Incubator Market, by Technology (2022-2027) 9.4. South America Incubator Market, by Country (2022-2027) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. GE Healthcare 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Panasonic Healthcare Co. Ltd. 10.3. Thermo Fisher Scientific 10.4. Phoenix Medical Systems (P) Ltd. 10.5. Hettich Lab Technology 10.6. Atom Medical Corporation 10.7. VWR Lab Products Pvt. Ltd. 10.8. Natus Medical Incorporated 10.9. Drägerwerk AG & Co. KGaA 10.10. Memmert GmbH Co.KG. 10.11. General Electric Company 10.12. Cobams plc. 10.13. Bistos Co., Ltd. 10.14. Fanem Ltd. 10.15. Meter Co., Ltd.

About This Report

Report ID 95142
Category Healthcare
Published Date April 2021
Updated Date March 2022
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