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 2019-2025.
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.
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