According to FutureWise analysis the market for Infant Incubator in 2023 is US$ 1.45 billion, and is expected to reach US$ 2.45 billion by 2031 at a CAGR of 6.79%.
Infant incubators offer a closed and controlled environment that helps newborns survive outside of the womb. In addition, it is widely used to regulate the body temperature of premature babies. An infant incubator is a device used to house pre-mature infants, which are born before 37 weeks of pregnancy. Due to their low body temperature, pre-term infants are at a higher risk of external environment, various infections, and breathing problems, which can lead to death. Incubators protect premature infants by providing the perfect environment. It consists of a small box-like structure with a bed and a trolley attached. Most of these boxes are made of glass, except for the top which is made of rigid plastic. There is an increase in the birth rate of premature babies with low birth weights and other conditions, which is increasing the demand for infant incubators.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Infant Incubator Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Infant Incubator Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.