The global market for infant oxygen hoods is anticipated to expected to witness a CAGR of 9.5% during the forecast period of 2024 to 2032, on account of the rising incidence of respiratory problems in infants and the rising demand for advanced respiratory treatments. Parental awareness of the importance of proper respiratory care for infants is likely to contribute to market growth. In addition, a rise in the number of infants born prematurely and with congenital respiratory problems is anticipated to accelerate market growth in the near future. Significant opportunities exist for market participants as the demand for effective respiratory care for newborns increases. To increase their market share, leading competitors are focusing on adopting advanced technologies.
Infant oxygen hoods are medical devices used to administer oxygen therapy to infants with respiratory problems. These devices are typically used to treat premature infants and those born with congenital respiratory problems. These devices are designed to fit over an infant's head and deliver an oxygen flow to facilitate breathing. Typical construction materials include acrylic glass or polycarbonate, which are tough, stain-resistant, and simple to sterilize. Medical devices, such as neonatal oxygen hoods, oxygen hoods for infants, and oxygen hoods for newborns, are essential in neonatal care because they provide a precise flow of oxygen to the infant, thereby assisting with the management of respiratory issues and enhancing overall health. These devices are utilized in a variety of medical procedures, including the treatment of respiratory distress in newborns and the management of respiratory problems in premature infants. These devices are also utilized in digital neonatal care, which involves the use of cutting-edge technologies to monitor and treat newborns with respiratory issues.
Infant Prevalence of Respiratory Disorders on the Rise
An increase in the prevalence of respiratory disorders among infants is a key factor driving the global market for infant oxygen hoods. Respiratory problems are common in newborns, especially preterm infants and those born with congenital respiratory disorders. These conditions can range from mild to severe and necessitate a variety of treatments, including oxygen therapy. According to a report published by the World Health Organization (WHO) in June 2019, respiratory problems are the leading cause of morbidity and mortality among newborns in low- and middle-income countries. The report estimates that approximately sixteen percent of neonatal deaths worldwide are attributable to respiratory problems. Premature infants are at an increased risk for respiratory issues, according to research. Premature infants are more likely to develop respiratory distress syndrome (RDS), a common respiratory disorder that can be fatal if left untreated, according to a study published in September 2018 in the journal Pediatrics. In addition, RDS affected approximately 50% of infants born before 28 weeks of gestation and 15% of infants born between 28 and 32 weeks of gestation.
Innovations in Technology
The market for infant oxygen hoods is driven by technological advances, which permit the creation of newer, more advanced devices that incorporate advanced technologies and materials. These developments have increased the safety and efficacy of infant oxygen hoods. Natus Medical, Inc. introduced the NeoBLUE Radiant Warmer and NeoBLUE Phototherapy Hood in January 2021. The device combines advanced temperature control technology with an integrated phototherapy system for the treatment of jaundice, making it a valuable tool for healthcare professionals who care for newborns. Fisher & Paykel Healthcare introduced the Bubble CPAP system in October 2020. This system employs a bubble generator to administer constant positive airway pressure (CPAP) to infants with respiratory distress. The device is equipped with a variety of configurable settings and alarms to ensure correct operation.
High Demand for Transparent, Translucent, and Lightweight Devices
In terms of material, polycarbonate dominated the global market for infant oxygen hoods in 2021. This is attributable to technological advancements, advantages, and an increase in new product launches.Polycarbonate is more durable and robust, making it suitable for oxygen hoods. In comparison to other materials, it is lightweight, shatterproof, transparent, and simple to sterilize and maintain. In the coming years, the segment is anticipated to be propelled by the introduction of new polycarbonate-based products, such as the OxyShield Infant Hood by VYAIRE Medical.
Reusable Infant Oxygen Hoods Dominated the Market
In terms of usage, the segment of reusable infant oxygen hoods held the largest market share in 2023. Environmental safety and cost-effectiveness drive the segment. Hoods that are reusable are more environmentally friendly. This reduces waste in comparison to disposable devices. These hoods are more cost-effective in the long run than disposable hoods because they can be reused multiple times. In order to reduce costs, hospitals and other medical facilities prefer reusable infant oxygen hoods. Consequently, the segment of reusable hoods is anticipated to dominate the industry over the next few years.
Hospitals and Clinics are Dominant
In 2023, hospitals & clinics held a significant share of the global market in terms of end-user. Due to an increase in patients seeking treatment in hospitals and clinics, there is a high demand for medical equipment, including infant oxygen hoods. The utilisation of infant oxygen hoods is well-trained among hospital and clinic personnel. Therefore, the segment's dominance in the industry can be attributed to a large budget and a large number of patients.
North America Remains the Global Leader
North America held the largest market share for infant oxygen hoods worldwide in 2023. It is anticipated that the trend will persist throughout the forecast period. Due to the high prevalence of preterm births and the availability of advanced medical facilities, the regional market is anticipated to experience substantial growth. According to data from the World Health Organization, the United States has one of the world's highest preterm birth rates, at approximately 10.1%. Preterm birth is a leading cause of newborn respiratory distress. The prevalence of preterm birth has increased the demand for infant oxygen hoods and other neonatal care items.
Additionally, the availability of advanced medical facilities has contributed to the expansion of the infant oxygen hoods market in North America. The region is home to some of the most advanced medical facilities in the world and has a well-established healthcare system that is equipped to handle the needs of newborns who are gravely ill. The accessibility of advanced medical technologies, such as infant oxygen hoods, has improved the prognosis for premature and critically ill infants in the region.
Due to the rise in demand for advanced medical devices and rising awareness of the importance of neonatal care in the region, the Asia-Pacific market for infant oxygen hoods is anticipated to present substantial growth opportunities. China and India have increased the number of specialized neonatal care facilities due to a rise in healthcare infrastructure investment and the adoption of advanced medical technologies. Consequently, the demand for these devices and other neonatal care products has increased.
The importance of early diagnosis and treatment has increased as parents have become more aware of the potential long-term consequences of respiratory distress in newborns. This has resulted in an increase in the number of premature and critically ill infants treated in NICUs in Asia and the Pacific.
Innovations to Enhance the Market Share
To strengthen their market position, businesses are emphasizing product launches, divestitures, mergers and acquisitions (M&A), and partnerships. GE Healthcare, Phoenix Medical Systems (P) Ltd., GaleMed Corporation, Ningbo David Medical Device Co., Ltd. (David Medical), Drager, Fanem, GINEVRI SRL, nice Neotech Medical Systems Pvt. Ltd., S STechnomed (P) Ltd., Olidef Medical, Utah Medical Products, Inc., and Zhengzhou Dison Instrument and Meter Co., Ltd. are the leading companies in the market.
Key Developments in the market include the following:
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Infant Oxygen Hoods market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
| ATTRIBUTE | DETAILS |
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| Research Period | 2022-2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Year | 2022 |
| Unit | USD Million |
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report
