Incubator Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Incubator Devices Market is segmented by Product Type (Neonatal Incubators, Microbiological Incubators, and Other Product Types), End User, and Geography.

Market Snapshot

Incubator Devices Market
Study Period: 2018 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 6.9 %

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Market Overview

Certain factors that are driving the incubator devices market growth include the rising prevalence of premature babies, low birth weight of babies, and growing R&D in healthcare.

  • In the past decade, the rise in the prevalence of premature babies globally increased the demand for incubators in the market. According to the World Health Organization (WHO), preterm births are on the rise. Each year, nearly 15 million babies are born preterm, which is before 37 completed weeks of gestation. Therefore, the demand for neonatal incubators is expected to rise globally, thus contributing to the growth of the incubator devices market.
  • However, the high cost of incubators is one of the major factors hindering the growth of this market. Also, it is accompanied by the absence of proper guidelines regarding the design and function of platelet incubators, which hampers the market. This has particularly been observed in the underdeveloped and developing countries. Other factors, such as lack of awareness among people in emerging countries, is also hampering the growth of the incubator devices market.

Scope of the Report

Incubators are devices that facilitate the growth of an organism by providing it with optimum temperature and environment. Thus, an incubator helps weak or small premature babies to survive. It comprises a transparent container in which the temperature and oxygen levels can be controlled. It can also refer to a piece of equipment that can be used to keep eggs or bacteria at the correct temperature in order to develop properly.

Product Type
Neonatal Incubators
Portable or Transport Incubator
Open Box Incubator
Close Box Incubator
Double Walled Incubator
Microbiological Incubators
Other Product Types
End User
Hospitals and Birthing Centers
Diagnostic Labs
Other End Users
North America
United States
United Kingdom
Rest of Europe
South Korea
Rest of Asia-Pacific
Middle-East and Africa
South Africa
Rest of Middle-East and Africa
South America
Rest of South America

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Key Market Trends

The Hospitals and Birthing Centers Segment is Expected to Witness a Healthy Growth Over the Forecast Period

An infant incubator is most commonly used in pediatric hospitals, birthing centers, and neonatal intensive care units. Hospitals are considered as major places by the manufacturers of neonatal incubators for selling their products, owing to the fact that they help in building brand image and further expanding their product reach. The increasing government focus on reducing mortality and morbidity rates of infants has also led the hospitals to concentrate on increasing their productivity eventually, by adopting advanced and innovative medical devices, including neonatal incubators.


North America Dominates the Market and is Expected to do the Same in the Forecast Period

The growing number of preterm babies, well-developed healthcare infrastructure, the presence of key manufacturers, and the availability of advanced technologies are the factors contributing to the growth of the incubator devices market in North America. According to the Centers for Disease Control and Prevention (CDC), in 2017, about 1 in 10 babies was born too early in the United States. This indicates the high number of preterm births in the country, which ultimately increases the demand for incubator devices.


Competitive Landscape

The incubator devices market is moderately competitive and consists of a few major players. Companies, like Andreas Hettich GmbH & Co. KG, Atom Medical Corporation, BMT Medical Technology SRO, Drägerwerk AG & Co. KGaA, GE Healthcare, Medhold Medical (PTY) Ltd, Natus Medical Incorporated, Panasonic Healthcare Co. Ltd, Phoenix Medical Systems (P) Ltd, and Thermo Fisher Scientific Inc., among others, hold the substantial market share in the incubator devices market.

Table of Contents


    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Rising Prevalence of Premature Babies

      2. 4.2.2 Low Birth Weight of Babies

      3. 4.2.3 Growing R&D in Healthcare

    3. 4.3 Market Restraints

      1. 4.3.1 High Cost of Incubators

      2. 4.3.2 Lack of Awareness in Emerging Economies

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry


    1. 5.1 Product Type

      1. 5.1.1 Neonatal Incubators

        1. Portable or Transport Incubator

        2. Open Box Incubator

        3. Close Box Incubator

        4. Double Walled Incubator

      2. 5.1.2 Microbiological Incubators

      3. 5.1.3 Other Product Types

    2. 5.2 End User

      1. 5.2.1 Hospitals and Birthing Centers

      2. 5.2.2 Diagnostic Labs

      3. 5.2.3 Other End Users

    3. 5.3 Geography

      1. 5.3.1 North America

        1. United States

        2. Canada

        3. Mexico

      2. 5.3.2 Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Italy

        5. Spain

        6. Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. China

        2. Japan

        3. India

        4. Australia

        5. South Korea

        6. Rest of Asia-Pacific

      4. 5.3.4 Middle-East and Africa

        1. GCC

        2. South Africa

        3. Rest of Middle-East and Africa

      5. 5.3.5 South America

        1. Brazil

        2. Argentina

        3. Rest of South America


    1. 6.1 Company Profiles

      1. 6.1.1 Andreas Hettich GmbH & Co. KG

      2. 6.1.2 Atom Medical Corporation

      3. 6.1.3 BMT Medical Technology sro

      4. 6.1.4 Dragerwerk AG & Co. KGaA

      5. 6.1.5 GE Healthcare

      6. 6.1.6 Medhold Medical (PTY) Ltd

      7. 6.1.7 Natus Medical Incorporated

      8. 6.1.8 Panasonic Healthcare Co. Ltd

      9. 6.1.9 Phoenix Medical Systems (P) Ltd

      10. 6.1.10 Thermo Fisher Scientific Inc.

    2. *List Not Exhaustive

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments

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Frequently Asked Questions

The Incubator Devices Market market is studied from 2018 - 2026.

The Incubator Devices Market is growing at a CAGR of 6.9% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

Andreas Hettich GmbH & Co.KG, Atom Medical Corporation, Drägerwerk AG & Co. KGaA, GE Healthcare, BMT Medical Technology sro are the major companies operating in Incubator Devices Market.

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