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This press release was originally distributed by SBWire
Albany, NY – (SBWIRE) – 02/08/2019 – Medical Baby Surveillance Devices Market – Instant
Baby monitors are used to monitor the baby's activities when the parents are not near the baby. It can transmit audio as well as video. A baby monitor is also called baby alarm. The audio monitor includes a transmitter unit with a microphone placed near the child. It transmits sound via radio waves to a receiver with a speaker near the person who takes care of the child. The video monitor is used to display images on the receiver, on a compact LCD screen, or by connecting the receiver to a TV. This type of surveillance camera is also called baby cam.The global market for medical surveillance devices for babies is expected to reach a value of 1 577.2 million US dollars by 2026.
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Among the main factors driving the market for medical surveillance devices for babies are the increase in the number of parents in employment, the increase in disposable income, and so on. the growth of the market for medical surveillance devices for babies. The evolution of e-commerce has created tremendous opportunities for producers and suppliers in the sector. In order to satisfy a full range of customers around the world, producers and suppliers of baby monitors focus on selling their products on various e-commerce sites.
Online shopping has a superior advantage over retail in a majority of industries. The increase in the demand for baby screens in emerging economies and the intensification of innovation and technological development should cause the growth of the market for medical monitoring devices for babies during of the forecast period. However, a major problem limiting the growth of the market for medical surveillance devices for babies is the decline in the fertility rate. Safety issues related to information leakage via baby monitors should also hinder the growth of the baby monitor market.
The market for medical surveillance devices for babies can be segmented by product type, connectivity, hardware, application and region. In terms of product type, the video motion monitor is expected to grow at a faster pace in the near future, with a CAGR of 6.2% (2018-2026). Based on connectivity, the market for baby medical surveillance devices has been divided into wireless and wired services. The market for wireless baby monitors is expected to grow with a CAGR of 6.0% (2018-2026) due to an increase in usage. Parents are increasingly using video monitors with a wireless connectivity network. In terms of hardware, the market for baby monitors has been divided into cameras and sensors. Motion and sound detection cameras accounted for a majority share and accounted for 40% of the value of the camera segment in 2017. The diaper attachment holds the majority of shares in the sensor segment, followed by the segment under the mattress. In terms of application, the market is divided into two categories: residential, hospital and nursery. The residential segment is expected to grow at a CAGR of 6.3% (2018-2026) during the forecast period. According to geography, the Asia-Pacific region is expected to experience the strongest growth with a CAGR of 6.8% (2018-2026) over the forecast period due to the increase in the number of working parents and increased demand for baby video monitors in developing countries in China. and India.
Key players in the global baby medical surveillance market include Angelcare Monitors Inc., Dorel Industries Inc., Motorola Solutions Inc., Summer Infant Inc., Koninklijke Philips NV, Snuza, Hisense, Windeln.De and Sony Corporation. . It is estimated that these players will soon face healthy competition because of the presence of a large number of local players in the market. Major brands are likely to focus on research and development to strengthen their presence in the global market for baby monitors for medical purposes. Companies undertake mergers and acquisitions and joint ventures with local players to expand their product portfolio. Producers in developing countries are committed to reducing their production costs and increasing their profitability for the sustainable growth of their activities.
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The global market for medical surveillance devices for babies has been segmented as follows
Baby Medical Device Market, by Product Type
Video monitor
Breath monitor
Motion monitor
Audio monitor
Breath monitor
Motion monitor
Other
Sleep Tracker (wristwatch)
Wall bracket
Baby surveillance medical device market, by connectivity
wired
Wireless
For more information on this press release, visit: http://www.sbwire.com/press-releases/medical-baby-monitoring-device/release-1142387.htm
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