Towards Healthcare
Infant Incubator Market to Grow at 7.14% CAGR till 2034

Infant Incubator Market Driven by Growing NICU Installations and AI Adoption

Market insights predict, the infant incubator industry is expected to grow from USD 1.57 billion in 2024 to USD 3.1 billion by 2034, driven by a CAGR of 7.14%. The infant incubator market is growing due to rising health issues during birth. North America is dominating the market due to the rising focus on infant health.

Category: Medical Devices Insight Code: 6172 Format: PDF / PPT / Excel

The global infant incubator market size is calculated at US$ 1.57 billion in 2024, grew to US$ 1.68 billion in 2025, and is projected to reach around US$ 3.1 billion by 2034. The market is expanding at a CAGR of 7.14% between 2025 and 2034.

Infant Incubator Market Size 2024 to 2034

The increase in the number of preterm babies born to mothers over 35 and lifestyle variables such rising rates of drinking, smoking, and drug misuse are the main drivers of the worldwide infant incubator market's expansion. Furthermore, it is anticipated that the growing demand for NICU unit installation and public awareness of newborn care would accelerate market expansion. Neonatal care device technological developments are expected to present lucrative prospects for the worldwide market's growth over the course of the projected period.

Key Takeaways

  • The infant incubator market will likely exceed USD 1.57 billion by 2024.
  • Valuation is projected to hit USD 3.1 billion by 2034.
  • Estimated to grow at a CAGR of 7.14% starting from 2025 to 2034.
  • North America dominated the infant incubator market in 2024.
  • Asia Pacific is expected to grow at the fastest CAGR during the forecast period.
  • By product, the conventional segment dominated the market in 2024.
  • By product, the hybrid segment is expected to grow at the fastest CAGR during the forecast period.
  • By type, the open segment dominated the market in 2024.
  • By type, the closed segment is expected to grow at the fastest CAGR during the forecast period.
  • By end-user, the hospitals segment dominated the market in 2024.
  • By end-user, the specialty clinics segment is expected to grow at the fastest CAGR during the forecast period.

Quick Facts Table

Table Scope
Market Size in 2025 USD 1.68 Billion
Projected Market Size in 2034 USD 3.1 Billion
CAGR (2025 - 2034) 7.14%
Leading Region North America
Market Segmentation By Product, By Type, By End-User, By Region
Top Key Players Atom Medical Corp. (Japan), Bistos Co., Ltd. (Korea), Drägerwerk AG & Co. KGaA (Germany), GE HealthCare (U.S.), Fanem (Brazil), Koninklijke Philips N.V. (Netherlands), MEDICOR Zrt. (Hungary), SS TECHNOMED (P) LTD. (Delhi), NOVOS (Turkey)

What is an Infant Incubator?

An baby incubator is a machine that creates the perfect environment for infants by controlling temperature, humidity, and oxygen levels. It is often constructed as a trolley-shaped device and comprises of a soft mattress encased in plastic. It keeps the surroundings sanitary and shields the infant from dust, noise, diseases, and rough treatment. Growing rates of preterm births and an increase in chronic illnesses are driving the growth of the newborn incubator industry.  

Growing research: The market is growing due to the rising research and development of infant incubators. R&D is conducted in developing innovative products as well as the integration of new technologies to improve existing products.

For instance,

  • In June 2025, the Dutch startup As a component of the finished Horizon research project "Perinatal Life Support" (PLS), AquaWomb was established at Eindhoven University of Technology (TU/e). The business is creating a cutting-edge water incubator that will allow extremely preterm infants to continue growing in a setting that contains artificial amniotic fluid until they are ready to start breathing via their lungs. AquaWomb will work on the concept's further development in the upcoming years. AquaWomb is spending a lot of money on user research in addition to developing new technology.

Why is AI Important in the Infant Incubator Market?

By making predictive diagnosis, real-time monitoring, and intelligent warning systems possible, artificial intelligence is greatly improving the operating capabilities of newborn incubators. By continually evaluating vital signs and breathing data, these AI-integrated solutions assist medical personnel in making quicker and better decisions during neonatal transport. Additionally, proactive intervention is supported by the use of machine learning algorithms, which enhances baby safety during crucial transfers. Additionally, AI-powered data analysis helps provide individualised care by enabling medical professionals to modify environmental factors like temperature, humidity, and oxygen levels in accordance with the needs of individual infants while in transit.

Market Dynamics

Driver

Rising Birth Rate Supports the Infant Incubator Market’s Expansion

A new United Nations research being released today projects that the world's population, which is currently 7.6 billion, will increase to 8.6 billion in 2030, 9.8 billion in 2050, and 11.2 billion in 2100. Even if fertility rates continue to fall, the world's population is predicted to continue growing, with an estimated 83 million new individuals joining the population each year. Future use of newborn incubators is expected to expand in tandem with the number of preterm births predicted by population growth.

Restraint

High Cost & Lack of Professionals

The average newborn incubator costs between $10,000 and $30,000. It is not cost-effective to distribute this many incubators to remote clinics. The intricacy of operation and the need for a competent operator make it difficult for non-specialized facilities as well.

Opportunity

Portable Devices Create an Opportunity in the Infant Incubator Market

Four million of the over 20 million preterm and low birth weight babies born in developing nations each year pass away in the first month of their lives. Traditional incubators are either unavailable or unreliable, which leads to these fatalities. Simple measures like keeping infants warm might avoid 75% of such fatalities, according to mum Incubators. In isolated and rural locations with limited hospital and intensive care unit capabilities, portable incubators become even more crucial.

Segmental Insights

Why did the Conventional Segment Dominate the Infant Incubator Market in 2024?

By product, the conventional segment held the largest share of the market in 2024. A traditional neonatal incubator is a closed, AC-powered medical equipment that maintains the body temperature, humidity, and oxygen levels of fragile neonates, particularly preterm babies, in a safe and regulated environment. They greatly improve the stability and health outcomes for vulnerable neonates by including access ports for care, integrated vital sign monitoring, and alarms to notify personnel of important changes.

By product, the hybrid segment is estimated to be the fastest-growing during the forecast period. In order to treat neonates extensively and safely in a range of care settings, hybrid neonatal incubators are an inventive combination of neonatal incubators and open radiant heat intensive care units. The utmost technological requirements are met in the development of this equipment. With their sophisticated thermoregulation capabilities, these incubators provide the best possible temperature control to aid in newborn care.

What made the Open Segment Dominant in the Infant Incubator Market in 2024?

By type, the open segment held the largest share of the market in 2024. An open device that gives a newborn direct, radiant heat is called an infant warmer. When medical professionals need to quickly and frequently reach a baby for operations like intubation, intravenous line placement, or other treatments, infant warmers are perfect. Caretakers can accomplish these duties without opening and closing an inclosure, which could upset the temperature stability, by leaving the baby exposed.

By type, the closed segment is estimated to be the fastest-growing during the forecast period. Babies that require further germ protection, less light and noise, and humidity control are best suited for closed incubators. In order to stop heat and air loss, some closed incubators feature two walls (double-walled incubators). With the help of modern closed incubators, parents may spend more time with their infants.

Why did the Hospitals Segment Dominate the Infant Incubator Market in 2024?

By end-user, the hospitals segment held the largest share of the market in 2024. When it comes to newborn care, hospitals offer top-notch facilities for all treatments. The NICU at hospitals is furnished with the newest medical equipment and employs a group of highly skilled neonatologists, nurses, and support personnel who are committed to giving preterm and ill babies the best care possible.

By end-user, the specialty clinics segment is estimated to be the fastest-growing during the forecast period. Through individualised attention, timely vaccinations, physical and developmental milestone monitoring, and parent education on healthy habits and infant care, speciality clinics provide infants with specialised, professional care that builds a solid foundation for long-term health and wellbeing.

Regional Insights

What Made North America Dominant in the Market in 2024?

North America dominated the infant incubator market in 2024. The expansion of the newborn incubator market is being supported by technological advancements and the creation of affordable solutions without sacrificing quality or safety. The market is also growing as a result of advanced healthcare systems and a focus on cutting-edge medical technologies.

U.S. Infant Incubator Market Trends

The number of births registered in the U.S. increased by 1% to 3,628,934 in 2024 from 3,596,017 in 2023. In the U.S., 373,902 preterm births occurred in 2023, accounting for 10.4% of all live births. One in ten infants (10.4% of live births) were born prematurely in the U.S. in 2023. Preterm birth appears to be caused by a number of interrelated biological and environmental variables rather than a single cause.

Canada Infant Incubator Market Trends

The population of Canada grew by 20,107 (+0.0%) from January 1 to April 1, 2025, reaching 41,548,787. Every year in Canada, about 8% of newborns (about 25,000) are delivered before their due date (less than 37 weeks). Over the previous 30 years, Canada's rate of preterm births those that occur at fewer than 37 weeks of gestation has risen by more than one percentage point, from 7.1% in 1993 to 8.3% in 2023. 2023 saw a greater rate than any in the preceding half-century.

Rising Birth Rate is Driving the Asia Pacific

Asia Pacific is estimated to host the fastest-growing infant incubator market during the forecast period. Because of improved healthcare facilities, a rise in preterm deliveries, and government initiatives to lower infant mortality, the Asia Pacific baby incubator market is expanding. The rising number of neonatal units, urbanisation, and increased knowledge of newborn care are driving up demand in other ladling nations including China, India, and Japan. The market is supported by investments in state-of-the-art clinics, maternity centres, and hospitals as well as the rising demand for portable and hybrid incubators. Cost-effective solutions and affordability, which are significant problems in emerging nations, present another growth-promoting potential.

Infant Incubator Market Value Chain Analysis

R&D

Neonatal incubator research and development (R&D) has progressed from the 19th century's basic warming boxes to the current multi-parameter monitoring systems. Artificial intelligence, acoustic comfort, cost reduction for low-resource environments, and family participation are the main areas of current research and development.

Distribution to Hospitals, Clinics

Medical equipment manufacturers and suppliers who supply specialised devices for preterm or sick infants to the healthcare business deliver infant incubators to hospitals and clinics.

Patient Support and Services

Initial purchase and installation, routine maintenance and calibration, repair services, user education, and consultation to maximise newborn care are all examples of patient support and services for incubators.

Top Companies in the Infant Incubator Market

Infant Incubator Market Companies

Latest Announcements by Industry Leaders

In June 2025, this NICU was constructed for babies who need rapid, intense assistance immediately after delivery, particularly those who are premature or have medical issues, according to Dr. Sajaad Ahmad Bhat, Consultant, Paediatrics & Neonatology, Paras Health, Srinagar. Even before the formal debut, we had successfully treated a few of these newborns. A major improvement is that families in the valley no longer have to travel outside for cutting-edge neonatal care, which not only saves time but also lessens the financial burden. Giving each infant the greatest start possible at home is the goal.

Recent Developments in the Infant Incubator Market

  • In August 2024, according to Haryana health department authorities, the Sohna Subdivisional hospital opened a special newborn care unit (SNCU) on Monday. The facility, which was built for ₹41 lakh, has sophisticated incubators and other equipment and can treat 14 babies at once.
  • In January 2024, with great pleasure, the St. Peter's Hospital Neonatal Intensive Care Unit (NICU) announces the delivery of its new transport incubator equipment for the Surrey Neonatal Transfer Service.

Segments Covered in the Report

By Product

  • Hybrid
  • Conventional
  • Transport

By Type

  • Open
  • Closed

By End-User

  • Hospitals
  • Speciality Clinics
  • Others

By Region 

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
  • Last Updated: 17 September 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Kesiya Chacko is an accomplished market research professional with over 4+ years of experience in the healthcare industry, known for delivering actionable insights and strategic analysis that empower healthcare organizations.

Learn more about Kesiya Chacko

Aditi Shivarkar is a seasoned professional with over 14 years of experience in healthcare market research. As a content reviewer, Aditi plays a critical role in ensuring the quality and accuracy of all market insights and data presented by the research team.

Learn more about Aditi Shivarkar

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FAQ's

The infant incubator market is worth USD 1.68 billion in 2025, and by 2034, it is forecasted to hit USD 3.1 billion, registering a CAGR of 7.14% over the decade.

North America is currently leading the infant incubator market due to rising technological advancements in the developing of infant incubators.

The infant incubator market includes four segments such as by product, by type, by end-user, and by region.

Key trends include the integration of AI, machine learning, and deep learning.

Until their organs grow sufficiently to allow them to survive without medical assistance, preterm infants remain in the NICU. Before they can breathe on their own, feed by mouth, and regulate their body weight and temperature, some newborns require weeks or months of NICU care.

Ministry of Health and Family Welfare, Government of India, National Institutes of Health, FDA, WHO, PIB, CDC.