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Global Medical Baby Monitoring Devices Market (2023-2028) Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession, Ansoff Analysis

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  • 124 Pages
  • February 2024
  • Region: Global
  • Infogence Global Research
  • ID: 5748706

According to the Bureau of Labor Statistics U.S, among the married-couple families with children in the U.S, 96.5% of families had at least one of the parent employed in 2021, among which 62.3% of these families both parents were employed in some or the other work

The Global Medical Baby Monitoring Devices Market is estimated to be USD 884.5 Mn in 2023 and is expected to reach USD 1233.04 Mn by 2028 growing at a CAGR of 6.87%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

  • The Global Medical Baby Monitoring Devices Market is segmented based on Type, Mode of Connection, Hardware, Price, Distribution Channels, End-Users, and Geography.
  • By Type, the market is classified into Audio, Video, and Others (Sleep Tracker, and Wall Mountable Stand).
  • By Mode of Connection, the market is classified into Wired and Wireless.
  • By Hardware, the market is classified into Camera and Sensors.
  • By Price, the market is classified into Low, Medium, and High.
  • By Distribution Channels, the market is classified into Online and Offline.
  • By End-Users, the market is classified into Daycare & Nursery, Home, and Hospitals.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Bebcare Baby Care, Delta Medical International Ltd., Motorola Solutions Inc., Sony Corp., SoyMomo, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

  • The report presents a detailed Ansoff matrix analysis for the Global Medical Baby Monitoring Devices Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development, and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
  • The publisher analyses the Global Medical Baby Monitoring Devices Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
  • Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Medical Baby Monitoring Devices Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Increasing Focus on Child Care and Baby Safety to Monitor Baby Activities and Assist in the Development
4.1.2 Rising Demand from Working Parents Globally
4.1.3 Growing E-Commerce to Distribute Baby Monitors
4.2 Restraints
4.2.1 Repeated False Alarms Lead to Unnecessary Tests
4.2.2 Safety Concerns
4.3 Opportunities
4.3.1 Technology Development in Baby Monitoring Devices
4.3.2 Growing Adoption Among Baby Care Centers and Home Care Settings
4.4 Challenges
4.4.1 Declining Birth Rate
4.4.2 Repeated False Alarms Lead to Unnecessary Tests
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 PESTLE Analysis
5.4 SWOT Analysis
5.5 Impact of COVID-19
5.6 Impact of Economic Slowdown & Impending Recession
5.7 Ansoff Matrix Analysis
6 Global Medical Baby Monitoring Devices Market, By Type
6.1 Introduction
6.2 Audio
6.2.1 Breathing Monitor
6.2.2 Movement Monitor
6.3 Video
6.3.1 Breathing Monitor
6.3.2 Movement Monitor
6.4 Others (Sleep Tracker, Wall Mountable Stand)
7 Global Medical Baby Monitoring Devices Market, By Mode of Connection
7.1 Introduction
7.2 Wired
7.3 Wireless
8 Global Medical Baby Monitoring Devices Market, By Hardware
8.1 Introduction
8.2 Camera
8.2.1 Room Temperature Sensor Camera
8.2.2 Motion & Sound Detection
8.2.3 Temperature & Motion Detection
8.3 Sensors
8.3.1 Under the Mattress
8.3.2 Diaper Attachment
8.3.3 Smart Wearable
8.3.4 Others (Camera Sensing, Non-Wearable)
9 Global Medical Baby Monitoring Devices Market, By Price
9.1 Introduction
9.2 Low
9.3 Medium
9.4 High
10 Global Medical Baby Monitoring Devices Market, By Distribution Channels
10.1 Introduction
10.2 Online
10.3 Offline
11 Global Medical Baby Monitoring Devices Market, By End-Users
11.1 Introduction
11.2 Daycare & Nursery
11.3 Home
11.4 Hospitals
12 Americas' Medical Baby Monitoring Devices Market
12.1 Introduction
12.2 Argentina
12.3 Brazil
12.4 Canada
12.5 Chile
12.6 Colombia
12.7 Mexico
12.8 Peru
12.9 United States
12.10 Rest of Americas
13 Europe's Medical Baby Monitoring Devices Market
13.1 Introduction
13.2 Austria
13.3 Belgium
13.4 Denmark
13.5 Finland
13.6 France
13.7 Germany
13.8 Italy
13.9 Netherlands
13.10 Norway
13.11 Poland
13.12 Russia
13.13 Spain
13.14 Sweden
13.15 Switzerland
13.16 United Kingdom
13.17 Rest of Europe
14 Middle East and Africa's Medical Baby Monitoring Devices Market
14.1 Introduction
14.2 Egypt
14.3 Israel
14.4 Qatar
14.5 Saudi Arabia
14.6 South Africa
14.7 United Arab Emirates
14.8 Rest of MEA
15 APAC's Medical Baby Monitoring Devices Market
15.1 Introduction
15.2 Australia
15.3 Bangladesh
15.4 China
15.5 India
15.6 Indonesia
15.7 Japan
15.8 Malaysia
15.9 Philippines
15.10 Singapore
15.11 South Korea
15.12 Sri Lanka
15.13 Thailand
15.14 Taiwan
15.15 Rest of Asia-Pacific
16 Competitive Landscape
16.1 Competitive Quadrant
16.2 Market Share Analysis
16.3 Strategic Initiatives
16.3.1 M&A and Investments
16.3.2 Partnerships and Collaborations
16.3.3 Product Developments and Improvements
17 Company Profiles
17.1 Angelcare Monitor Inc.
17.2 Bebcare Baby Care
17.3 Delta Medical International Ltd.
17.4 Dorel Industries Inc.
17.5 Graco Children's Products Inc.
17.6 Jablotron
17.7 Koninklijke Philips N.V.
17.8 MonDevices Inc.
17.9 Motorola Solutions Inc.
17.10 nice Neotech Medical Systems Pvt. Ltd.
17.11 Owlet Baby Care Inc.
17.12 Safety 1st
17.13 Samsung Electronics Co. Ltd.
17.14 SENSE-U
17.15 Snuza International Pty Ltd.
17.16 Sony Corp.
17.17 SoyMomo
17.18 Summer Infant Inc.
17.19 Udisense Inc.
17.20 VTech Holdings Ltd.
17.21 Withings Inc.
18 Appendix
18.1 Questionnaire

Companies Mentioned

  • Angelcare Monitor Inc.
  • Bebcare Baby Care
  • Delta Medical International Ltd.
  • Dorel Industries Inc.
  • Graco Children's Products Inc.
  • Jablotron
  • Koninklijke Philips N.V.
  • MonDevices Inc.
  • Motorola Solutions Inc.
  • nice Neotech Medical Systems Pvt. Ltd.
  • Owlet Baby Care Inc.
  • Safety 1st
  • Samsung Electronics Co. Ltd.
  • Snuza International Pty Ltd.
  • Sony Corp.
  • SoyMomo
  • Summer Infant Inc.
  • Udisense Inc.
  • VTech Holdings Ltd.
  • Withings Inc.

Table Information