Introduction

Infant radiant warmers are important medical equipment used to maintain the body temperature of the baby. Normally body temperature is regulated by the imbalance between heat emission into the environment and wave back from the environment. When there are more wave shocks than body heat, the body inside an environment tends to decrease its body temperature. In the case of babies, when there is a lack of body temperature, the infant becomes hypothermia which is a health risk and causes breathing complications in the newborn. This article examines the infant radiant warmer industry by identifying market dynamics, major trends in the industry, and prospects.

Market Overview

The global market of infant radiant warmers is segmented based on product type (open-top, closed-top), application (hospitals, clinics, home care), and region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa). The major factors influencing the growth of the global market for infant radiant warmers include increasing prematurity rates in newborn infants, innovative advancement in neonatal resuscitators, and increasing healthcare expenditure.

Market Size and CAGR

Market Size: This market size was valued at 1.5 billion USD in the year 2021, and it is estimated to grow at a CAGR of 5.7 from 2021 to 2031.

Key Market Trends

Improved Technology: Sophisticated new technologies such as temperature control systems, alarms, and data logging capabilities are improving the capabilities of infant radiant warmers.

Portability and Home Care: The growing need for home-based neonatal care is driving the development of miniaturized, portable infant radiant warmers.

Strict regulations on infant care practices: Strict regulations on infant care practices, which are particularly evident in developed countries, are driving the use of more compliant and advanced infant radiant warmers.

Increasing healthcare expenditure in developing countries propels the growth of the infant radiant warmer market.

Market Drivers and Challenges

Drivers:

·         Increasing preterm birth rates

·         Advancements in neonatal care

·         Rising healthcare expenditures

Technological advancements

Challenges:

·         Stringent regulatory requirements

·         High costs