Pediatric Medical Devices Market Research, Status, Top Emerging Trends, Growth 2031


Posted June 16, 2023 by harrkons

The market, according to the analysis, is projected to rise at a steady compound annual growth rate (CAGR) of 7.5% from 2021 to 2031, reaching a valuation of $61,986.7 million.

 
A reputable market research company has published a thorough analysis on the global market for Pediatric medical equipment, forecasting significant development potential. The market, according to the analysis, is projected to rise at a steady compound annual growth rate (CAGR) of 7.5% from 2021 to 2031, reaching a valuation of $61,986.7 million.

The demand for paediatric medical devices is being driven by an increase in the prevalence of chronic diseases in children as well as an increase in the number of obese youngsters. Chronic diseases in children are on the rise as a result of unhealthy habits and lifestyle decisions, necessitating the use of specialised medical equipment to accurately diagnose, track, and treat these conditions. A third factor supporting the need for paediatric medical devices is the rising incidence of childhood obesity, which has increased the risk of related health issues.

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A significant number of paediatric medical gadgets are readily available, which has accelerated market expansion. Manufacturers are creating and releasing cutting-edge medical equipment that is especially made for paediatric patients, taking into account their special anatomical and physiological requirements. These gadgets provide complete healthcare solutions for kids in a variety of healthcare settings, including cardiology, orthopaedics, neurology, and respiratory care, among other medical specialisations.

Market expansion has been mostly driven by government efforts and a favourable reimbursement environment. The development and use of cutting-edge medical devices for children is being actively encouraged by governments and healthcare organisations around the world. Furthermore, better accessibility and affordability are being made possible by favourable reimbursement regulations for paediatric medical devices, which is further fueling market expansion.

Innovative paediatric medical gadgets have emerged as a result of technological breakthroughs. Paediatric healthcare has been transformed by the quick advancements in medical technology, including wearable technologies, digital health solutions, and less invasive procedures. These improvements have accelerated the deployment of paediatric medical devices in clinical settings by increasing their precision, effectiveness, and patient comfort.

This thorough market research study equips players to make knowledgeable business decisions in the quickly developing global market for paediatric medical devices by offering priceless insights into important industry trends, market dynamics, and potential possibilities.

Highlighted with 79 tables and 75 figures, this 153-page report “Global Pediatric Medical Devices Market 2021-2031 by Product (IVD, Cardiology, Anesthetic & Respiratory Care, Neonatal ICU, Monitoring, Diagnostic Imaging, Telemedicine, Others), Age Group (Neonates, Infants, Children, Adolescents), Setting (Hospitals, Diagnostic Laboratories, Pediatric Clinics, ASCs, Others), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global pediatric medical devices market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

Market Structure
Growth Drivers
Restraints and Challenges
Emerging Product Trends & Market Opportunities
Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global pediatric medical devices market in every aspect of the classification from perspectives of Product, Age Group, Setting, and Region.

View Report Scope and Latest Developments in the Market: MW Link https://www.marketwatch.com/press-release/global-demand-of-pediatric-medical-devices-market-size-status-top-emerging-trends-growth-and-business-opportunities-2032-2023-06-02?mod=search_headline

Based on Product, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

IVD Devices
Cardiology Devices
Anesthetic and Respiratory Care Devices
Neonatal ICU Devices
Monitoring Devices
Diagnostic Imaging Devices
Telemedicine
Other Products

Based on Age Group, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

Neonates
Infants
Children
Adolescents

By Setting, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.

% of overall revenue by Setting

Hospitals
Diagnostic Laboratories
Pediatric Clinics
Ambulatory Surgical Centers (ASCs)
Other Settings

Geographically, the following regions together with the listed national/local markets are fully investigated:

North America (U.S., Canada, and Mexico)
Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
South America (Brazil, Chile, Argentina, Rest of South America)
MEA (UAE,Saudi Arabia, South Africa and Rest of MEA)

For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of each national market by Product, Age Group and Setting over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

Atom Medical Corporation
Baxter International, Inc.
Elektro-Mag
Fritz Stephan GmbH
GE Healthcare (GE Company)
Hamilton Medical
Koninklijke Philips N.V.
Medtronic Plc
Ningbo David Medical Device Company Ltd.
Novonate Inc.
Phoenix Medical Systems Pvt Ltd.
Stryker Corporation
Trimpeks
TSE Medical

View Complete TOC and Figures & Graphs of Pediatric Medical Devices Industry Report https://marketdatalibrary.com/free-customization/4102

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Last Updated June 16, 2023