Medical Baby Monitoring Devices Market Forecast 2018 - 2026

 Home News

 

News Tech

Medical Baby Monitoring Devices Market Dynamics and Forecast From 2018 – 2026 By Zaraki Kenpachi - May 26, 2021

Transparency Market Research has published a new market research report titled ‘Medical Baby Monitoring Devices Market (Product Type: Video Monitor (Breathing Monitor, Movement Monitor), Audio Monitor (Breathing Monitor, Movement Monitor), Others (Sleep Tracker, Wall Mountable Stand); Connectivity: Wireless, Wired; Hardware: Camera (Room Temperature Sensor Camera, Motion & Sound Detection, Temperature & Motion Detection), Sensors (Under the Mattress, Diaper Attachment, Smart Wearable, Others (Camera Sensing, Nonwearable); Application: Hospital Care, Residential, Nursery) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026.’ According to the report, the global medical baby monitoring devices market is anticipated to reach US$ 1,577.2 Mn by 2026. The market is expected to expand at a CAGR of 6.0% from 2018 to 2026. Based on product type, the medical baby monitoring devices market has been classified into video monitor (breathing monitor, movement monitor), audio monitor (breathing monitor, movement monitor), and others (sleep tracker, wall mountable stand). Demand for video movement monitors are expected to expand at a faster rate in the near future. Increase in usage of smart baby monitors is projected to boost demand for baby monitors. In addition, rise in number of employed parents and increase in disposable income are key factors projected to fuel the growth of the medical baby monitoring devices market during the forecast period. Request A Sample – https://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=59559

In terms of connectivity, the medical baby monitoring devices market has been divided into wireless and wired. Due to increase in usage of wireless baby monitors, its market is expected to expand at a CAGR of 6.0% (201826). Parents are increasingly using video monitors with wireless connectivity network. This segment accounted for about 85% of the total medical baby monitoring devices market. On the basis of hardware, the baby monitoring devices market has been divided into camera and sensors. Camera is a major hardware used in the global medical baby monitoring devices market. Usage of motion and sound detection cameras will rapidly increase in the near future, because the monitoring can be done even with basic cameras. In terms of application, the market is bifurcated into residential, hospital, and nursery. Residential segment is projected to expand at a CAGR of 6.3% (201826) during the forecast period. Based on geography, the baby monitoring devices market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific is a dominant region of the medical baby monitoring devices market. The market in the region is projected to expand at a gradual CAGR of 6.8% (201826) in terms of value. The market in North America is expected to expand at a considerable CAGR of 5.6% (2018 26), because majority of parents prefer video baby monitors in the baby’s room to keep a track of the baby without being physically present, so that they can continue to do other household chores. According to the report, the market in Europe is projected to expand at a CAGR of 5.7% (201826) in terms of revenue in the near future. The market in South America is likely to expand at a CAGR of 5.8% (201826).The market in Middle East & Africa is anticipated to expand at a CAGR of 5.7% (201826) in terms of value. Some of the prominent players operating in the global medical baby monitoring devices market includes Angelcare Monitors Inc., Dorel Industries Inc., Motorola Solutions Inc., Summer Infant Inc., Koninklijke Philips N.V., Snuza, Hisense, Windeln.De, and Sony Corporation.These players are estimated to face healthy competition in the near future due

to presence of a large number of local players in the market. Major brands are likely to focus on research & development to strengthen their foothold in the global medical baby monitoring devices market. Companies are undertaking mergers and acquisitions and joint ventures with local players to expand their product portfolio. Producers in developing countries are focusing on reducing their cost of production and increase profitability for the sustainable growth of their business. The global medical baby monitoring devices market has been segmented as follows Global Medical Baby Monitoring Devices Market, by Product Type Video Monitor Breathing Monitor Movement Monitor Audio Monitor Breathing Monitor Movement Monitor Others Sleep Tracker (wristwatch) Wall Mountable Stand Global Medical Baby Monitoring Devices Market, by Connectivity Wired Wireless Global Medical Baby Monitoring Devices Market, by Hardware Camera Room Temperature Sensor Camera Motion & Sound Detection Temperature & Motion Detection Sensors Under the Mattress Diaper Attachment

Smart Wearable Others (Camera sensing, Nonwearable) Global Medical Baby Monitoring Devices Market, by Application Hospital Residential Nursery Have any query? Inquiry about report at: https://www.transparencymarketresearch.com/sample/sample.php? flag=EB&rep_id=59559 About Us Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact Transparency Market Research 90 State Street, Suite 700 Albany, NY 12207 Tel: +15186181030 Email: sales@transparencymarketresearch.com

Website: https://www.transparencymarketresearch.com

Related Posts: Mattress Market Size to Expand Lucratively during the… Mattress Market Size, Analytical Overview, Growth Factors,… Mattress Market Growing Trends and Demands Analysis forecast… Mattress and Mattress Component Market Expected to Witness a… Medical Image Analysis Software Market Set Close To USD 5.87… Diaper Packing Machinery Market 2022 Global Industry…

Functional and Barrier Coatings for Paper Market to Register Substantial Expansion by 2030