Category : Healthcare | Published Date : Aug 2023 | Type : Press Release
The report highlights the growing number of preterm births has augmented the demand for infant radiant warmers. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the formwork system market.
The infant radiant warmer market is bifurcated into type, mode of operation, and end use. Based on type, the market is segmented into standard infant radiant warmer and portable infant radiant warmer. In 2022, the standard infant radiant warmer segment accounted for the highest market share in the infant radiant warmer market. On the basis of mode of operation, the market is categorized into manual and automatic. In 2022, the manual segment accounted for the highest market share in the overall infant radiant warmer market. On the basis of end use, the market is categorized into hospitals, gynecology clinics, baby care centers, and others. In 2022, the hospitals segment accounted for the highest market share in the overall infant radiant warmer market.
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Report Attributes | Report Details |
By Type | Standard Infant Radiant Warmer and Portable Infant Radiant Warmer |
By Mode of Operation | Manual and Automatic |
By End Use | Hospitals, Gynecology Clinics, Baby Care Centers, and Others |
By Region | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
The market is dominated by certain major companies such as GE HealthCare, Avante, and SS TECHNOMED (P) LTD., among others have a strong market position in current market circumstances. Further, the formwork system market is expected to witness significant growth in the coming years due to the growing number of preterm births has augmented the demand for infant radiant warmers. The market players compete for a firm market position through mergers and acquisitions, product innovations, and business strategies. Thus, evolving research and developments are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various end-use industries.