Wearable devices designed for neurological examination are building up some decent momentum. These devices offer continuous checking of neurological parameters, permitting medical care providers to follow seizures, assess mind activity, and assemble significant information for the management of pediatric neurological disorders. Wearable innovation enhances the remote checking and care of pediatric patients.
Neurostimulation therapies, including transcranial magnetic stimulation (TMS) and vagus nerve stimulation (VNS), are progressing in pediatric neurology. These therapies are being investigated for their true capacity in overseeing conditions such as epilepsy and neurodevelopmental disorders in children. Innovations in neurostimulation mean to give non-pharmacological and designated treatment options.
Telemedicine is assuming an increasingly pivotal part in pediatric neurology care. Virtual consultations, remote checking, and telehealth platforms work with access to specialized pediatric neurology services, especially in regions with restricted medical care infrastructure. This pattern enhances the compass of pediatric neurology expertise to a more extensive patient population.
The market is witnessing a surge in the improvement of devices specifically designed for pediatric neurological consideration. From neurostimulation devices to diagnostic tools, manufacturers are perceiving the interesting needs and sensitivities of pediatric patients, driving the formation of child-compliant, suitably sized, and age-proper neurological devices.
There is a developing emphasis on early identification and mediation in pediatric neurology. Advances in screening tools and diagnostic devices empower medical services professionals to recognize neurological issues in children at a beginning phase, working with appropriate interventions and working on long haul outcomes for pediatric patients.
Remote checking solutions for epilepsy management in pediatric patients are acquiring visibility. Wearable devices furnished with seizure recognition algorithms permit caregivers and medical services providers to remotely screen and oversee epilepsy. This pattern contributes to more successful epilepsy management, decreasing the weight on the two patients and their families.
Pediatric Neurology Devices Market Scenario
Intended Audience
Global Pediatric Neurology Device Market Share by Neurological Subspecialties, 2016 (%)
Sources: Annual reports, Press release, White paper, Company presentation
Segmentations
The pediatric neurology devices market is segmented on the basis of type, service and treatment, neurological subspecialties, age group, and end user
By type, the pediatric neurology devices market is segmented into neurosurgery devices, neurostimulator, cerebrospinal fluid (CSF) management devices, and others.
On the basis of service and treatment, pediatric neurology devices market is segmented into electroencephalogram, intrathecal baclofen therapy, neurological evaluations, vagal nerve stimulation, and others.
On the basis of the neurological subspecialties, pediatric neurology devices market is segmented into neuro-oncology, neuromuscular, neonatal neurology, neuro-immunology, stroke, and others.
On the basis of the age group, pediatric neurology devices market is segmented into neonates, infants, children, and adolescents
On the basis of the end user, pediatric neurology devices market is segmented into hospitals, healthcare centers, neurological research centers, and others.
Regional Analysis
The Americas dominate the market owing to the rising prevalence of disease such as depression, epilepsy, and migraine, high healthcare spending, and increasing government support for research & development. According to a report published by the Centers for Disease Control and Prevention in 2017, more than 470,000 children below 17 years have epilepsy. Additionally, According to the Migraine Research Foundation, (2014), migraine was the 3rd most prevalent illness in the world. Nearly 1 in 4 U.S. households includes a migraine patient.
Europe holds the second position in the market owing to the government support for research & development and availability of funds for research. Moreover, people of this region have more healthcare awareness. This is expected to continue to drive the European market over the forecasted period.
Asia Pacific is considering the huge market for pediatric neurology devices market players owing to the presence of huge patient population in countries like India and china. Moreover, high health care expenditure, adding the fuel to this market. Additionally, countries from this region looking forward to adopt advanced technology and treatment from developed nations to improve the quality of life for their citizen.
Whereas the Middle East and Africa are considering the low market due to incapability of investment and poor healthcare infrastructure.Â
Key Players
Some of key the players in the market are Elana, Inc. (the Netherlands), Ethicon Inc. (U.S.), Inova Health System (U.S.), Medtronic (U.S.), The Nemours Foundation (U.S.), Stryker Corporation (U.S.), Boston Scientific Corporation (U.S.), B.Braun Melsungen AG (Germany), Integra LifeSciences Corporation (U.S.), St. Jude Medical, LLC (U.S.)
Research Methodology
Sources: Annual reports, Press release, White paper, and Company presentation
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)