Infant incubator market to grow by $518.2m until 2032

The APAC region is projected to dominate the market within the forecast period.

The global infant incubator market is anticipated to rise by $518.2m until 2032 at a compound annual growth rate (CAGR) of 4.7%, according to Adroit Market Research.

The report revealed that the Asia Pacific (APAC) region is poised to lead the global market amidst its significant population, increasing birth rates, and expanding infrastructure for healthcare.

Moreover, the region’s dominance for the forecasted period is further attributed to escalating government efforts to strengthen neonatal healthcare services in nations such as China and India.

“Whilst other regions exhibit promise, the APAC region emerges as the frontrunner in this market landscape,” the report said.

Meanwhile, intensive care incubators are expected to lead in the global market amidst a rising occurrence of premature births and the proliferation of neonatal intensive care units (NICUs).

This further aligns with Adroit Market Research’s projection of NICUs witnessing a surge during the forecast period as the rate of premature deliveries and prevalence of neonatal ailments increase.

“As a result, NICUs are expected to exert a dominant influence in the Global Infant Incubator market,” the report added.