The global baby warming devices market is forecast to grow at a CAGR of 8.74% during the period 2016-2020.
According to the report, technical improvements in designs will be a key driver for market growth. Technological innovations have led to the development of new products in the healthcare industry. Some products have been developed as per the needs of neonates. Infant warmers such as Lullaby Warmer by GE Healthcare have shown clinical and economic benefits.
The equipment provides 69% faster warm-up than conventional devices, offers uniform distribution of heat, and ensures comfortable positioning of the baby.
Further, the report states that one of the challenges for the market will be entry barriers affecting new entrants. High development costs required for the licensing, acquisitions, marketing, and manufacturing of fetal and neonatal equipment act as barriers for new entrants, especially in developed countries. Also, many buyers, particularly the larger hospitals, rely on the reputed and global vendors in the global baby warming devices market during transactions.
Also, the distribution channels for fetal and neonatal care equipment are highly saturated in developed countries and are dominated by the existing companies. Thus, small companies are finding it difficult to earn profits and survive in the market.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- GE Healthcare
- Natus Medical
- Philips Healthcare
- Phoenix Medical Systems
- AVI Healthcare
- Fisher & Paykel Healthcare
- Heinen und Lowenstein
- Ibis Medical
- Nonin Medical
- Smiths Medical
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product type
PART 07: Global phototherapy unit market
PART 08: Global radiant warmers market
PART 09: Global infant incubators market
PART 10: Geographical segmentation
PART 11: Key leading countries
PART 12: Market drivers
PART 13: Impact of drivers
PART 14: Market challenges
PART 15: Impact of drivers and challenges
PART 16: Market trends
PART 17: Vendor landscape
PART 18: Key vendor analysis
PART 19: Appendix
PART 20: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/wtkct9/global_baby
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/research-and-markets---global-baby-warming-devices-market-cagr-growth-of-874-by-2020---trends-technologies--opportunities-report-2016-2020---vendors-kay-smiths-medical-nonin-medical-300345021.html
SOURCE Research and Markets