Increase in a Number of Preterm Births Worldwide to Drive the Global Baby Warming Devices Market: Technavio

LONDON–(BUSINESS WIRE)–$BABY #BabywarmingDevices–According to the latest market study released by Technavio,
the global
baby warming devices market is expected to grow at a CAGR
of close to 9% during the forecast period.

This research report titled ‘Global
Baby Warming Devices Market 2016-2020’ provides an in-depth
analysis of the market in terms of revenue and emerging market trends.
This market research report also includes up to date analysis and
forecasts for various market segments and all geographical regions.

Vendors in the market are focusing on developing hybrid equipment such
as radiant warmers with neonatal
incubators, infant incubators with phototherapy units, and
neonatal incubators with other neonatal care equipment. “Leading
vendors often bundle products with heavy discounts to increase the
overall unit sales. For instance, GE Healthcare has developed Giraffe
OmniBed Carestation that pairs both radiant warmer and an incubator
together to create an optimal microenvironment for babies,” says
Barath Palada, a lead analyst at Technavio for research on orthopedics
and medical devices.

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Based on product type, the report categorizes the global baby warming
devices market into the following segments:

Global baby warming devices market by product type 2015

Source: Technavio

Global phototherapy unit market

The phototherapy unit segment is growing at a moderate growth
rate and is primarily driven by the wide variety of devices used in
treating neonatal jaundice. This segment dominates the global baby
warming devices market with 56.52% in 2015. The market is driven by an
increase in a number of preterm births worldwide, improved healthcare
infrastructure, and increased awareness about neonatal care. The
newborns are more prone to anemia, jaundice, and other chronic diseases.
The morbidity associated with the preterm birth results in physical and
economic costs. “Preterm births correspond to high medical
expenditure and loss of productivity. The use of phototherapy units
helps in decreasing the level of unconjugated bilirubin to prevent acute
bilirubin encephalopathy,” says Barath.

Phototherapy units mostly consist of a light source that helps in
allowing the certain wavelength of UV light that are widely used in the
converting toxic bilirubin molecules into water soluble isomers, which
are excreted by the body. The advances in technology in phototherapy
units have led to the robust use of newer lights that are effective and
safe, which meet minimum criteria of delivering effective irradiance.

Global radiant warmers market

The global radiant warmers market is growing at a steady growth
rate and is expected to witness a rise in the sales of new equipment
during the forecast period. The rise in health problems after birth with
hypothermia is one of the most common risks associated with infant
mortality, which is driving the growth of radiant warmers segment.

The radiant warmers are used as a standard bed to provide accessibility
for resuscitation or procedures without risking thermal stability. The
radiant warmers are necessary for all NICUs and as long as the infant
remains critically ill, he or she should be kept on a warmer bed.
Nowadays, infant warmers are biocompatible and have an overhead heater
that delivers radiant heat that is controlled manually for
thermoregulation.

Global infant incubators market

The global infant incubators market is growing at a faster growth
rate and accounted for a share of 18.75% in the global baby warming
devices market. The incubators are used for infants that are stable and
do not require frequent clinical procedures. The primary objective of
the incubators is to maintain the body temperature of the infant and to
minimize the energy expended during metabolic heat production.

Few incubators with double layers are able to reduce radiant heat loss
by adding a second inner layer of Plexiglas. For instance, the Medix
NatalCare St-LX infant incubator provides better access and ease with
advanced options to meet the clinical and developmental needs for sick
infants.

The top vendors highlighted by Technavio’s research analysts in this
report are:

• Drägerwerk
• GE Healthcare
• Natus Medical
• Philips Healthcare
• Phoenix Medical Systems

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