A recent report published by Infinium Global Research on medical
baby monitoring devices market provides an in-depth analysis of segments and
sub-segments in the global as well as regional medical baby monitoring devices
market. The study also highlights the impact of drivers, restraints, and macro
indicators on the global and regional medical baby monitoring devices market
over the short term as well as long term. The report is a comprehensive presentation
of trends, forecast and dollar values of global medical baby monitoring devices
market. According to the report, the global medical baby monitoring devices
market is projected to grow at a healthy CAGR over the forecast period of
Medical baby monitoring devices are used to monitor the baby's
activities when the parents are not close to the baby. It can transmit audio as
well as video and it is also termed as a baby alarm. The audio monitor
comprises a transmitter unit, with a microphone which is placed near the child.
A video monitor is used to display images on the receiver, on a compact LCD
screen or by plugging the receiver into a television. This type of surveillance
camera is also known as a baby cam. A baby video monitor is an advanced version
of a baby monitor that allows parents to see and monitor the baby’s movements.
Increasing the number of employed parents globally is the major
driving factor of the medical baby monitoring devices market. The demand for
medical baby monitoring devices is rising especially in the developed and
developing economies owing to its advantage of portability, ease of
installation and connection as these can be easily connected to WLAN.
Furthermore, factors such as rising awareness about baby safety, increasing
disposable income and increased online retailing are other driving factor of
the market. Increase in demand for baby monitors in emerging countries and rise
in innovation and technological development are fueling the growth of the
market. However, repeated false alarms from the monitors jangle parents nerves
and lead to unnecessary tests performed on babies that hamper the market
growth. Moreover, evolution in e-commerce has created enormous opportunities
for producers and suppliers in the industry.
Geographically, North America dominates the global medical baby
monitoring devices market owing to better technological infrastructure and
growing adoption of innovative & niche baby products in this region
especially in the U.S. Increase in online retailing in the U.S. is another
driving factor of the medical baby monitoring devices market in North America.
Asia-Pacific medical baby monitoring devices market is expected to grow with
healthy CAGR due to the rise in the number of employed parents in the
Asia-Pacific, particularly in China.
The report on global medical baby monitoring devices market covers
segments such as type, mode of connection, and end-user. On the basis of type,
the sub-markets include audio, and video. On the basis of mode of connection,
the sub-markets include wired, and wireless. On the basis of end-user, the
sub-markets include hospitals, family, and other end-users.
The report provides profiles of the companies in the market such
as Dorel Industries Inc., Motorola Solutions Inc., Angelcare Monitors Inc.,
Summer Infant Inc., Koninklijke Philips N.V., Sony Corporation, Snuza, Hisense,
Windeln.De, and other companies.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of medical baby
monitoring devices market. Moreover, the study highlights current market trends
and provides forecast from 2019-2025. We also have highlighted future trends in
the market that will affect the demand during the forecast period. Moreover,
the competitive analysis given in each regional market brings an insight into
the market share of the leading players.