With MongoDB, you usually use the mongodump and mongorestore utility to dump and restore a new node, and optionally you can use the --oplog option to do the point-in-time snapshotting. However, with high volume data typically running in to TBs, the dump and restore activity every-time can be quite time-consuming. Another approach is to do rsync of the db filesystem, but here subsequent backups can cause the data on disk to grow quickly.
This is where the incremental back-ups can help. One can then use any of the above approaches to initially seed the database and subsequently back-up data in an incremental fashion using a tool.