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Incubators Market - Forecast(2021 - 2026)

 An incubator is a setup or a device that is used for growing cell cultures and maintaining them at specific temperatures, humidity levels and so on ensuring a favourable growth environment. An incubator, more commonly, is a device used in hospitals to provide a protective and controlled environmnet for premature babies or those born with health related issues. The first incubator was invented by Tanier, a french man in 1860. 

According to the World Health Organization (WHO), an estimated 15 million babies are born preterm, i.e. less than 37 weeks of gestation. This is a clear indication of the need for neonatal incubators. Neonatal incubators provide ventilation, jaundice management, heat therapy and other types of treatment that preterm babies tend to require. In some unfortunate cases, full term infants with some illness also need to be kept in the incubator for extended period of time.

The Incubators market can be segmented on the basis of type as:

  • Neonatal Incubators
  • Microbiological Incubators
  • Hatching Incubators 
  • Others

In some cases, babies in incubators need to be moved from one hospital to another and this necessitates the use of a portable or transport incubator. The neonatal incubators market is further segmented in to various types that include:

  • Portable
  • Open Box Type
  • Closed type
  • double walled

In terms of applications, the Incubators market has been segmented across the following:

  • Hospitals and Birthing Centers
  • Research Laboratories
  • Pharmaceutical Labs
  • Diagnostic Labs
  • Others

North America currently accounts for the largest share of this market owing to the advanced technology adoption rate in the region. This coupled with the awareness level for neonatal care is driving the growth of the market in this region. Europe follows a close second and Asia Pacific and South America are expected to grow at higher comparable rates owing to the increase in awareness and also the spending power of the population in this region. Apart from this, the increasing birth rates in countries like India and China are expected to drive the market. The phasing out of China’s one child policy began in 2015 and is also going to impact the incubator market in the region.

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The market has been segmented based on the following geographies:

  • North America
  • South America
  • APAC
  • Europe
  • Middle East 
  • Africa

Following are just a few of the companies that are operating in the Incubators market:

  • GE Healthcare
  • Panasonic Healthcare
  • Thermo Fisher Scientific
  • Phoenix Medical Systems Ltd
  • Atom Medical Corporation
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