ID: MRFR/MED/0285-HCR | 132 Pages | Published By Rahul Gotadki on April 2023
The US & Global Pediatric Medical Device Market is anticipated to reach USD 28537.11 Million by 2030 at 6.90% CAGR during the forecast period 2022-2030. Pediatrics is one of the popular branches of medicine which deals with the health, treatment and medical care of infants, children and adolescents. A doctor who deals with the treatment of pediatrics is known as pediatrician. The Pediatrics can be classified into:
Neonates: from birth till the first 28 days of life
Infants: 29 days to 2 years
Children: 2 years to 12 years
Adolescents: 12 years to 18 years
The Pediatric Medical Devices are such devices which are used in the treatment and care for the infants and children below 18 years having some healthcare issues. Many of the pediatric medical devices are especially designed and developed for children, but in some of the cases the adult devices are used. The designing of the pediatric medical devices can be a challenging tasks for the manufacturers because the new born and infants are much more active than adults along with their body structure. Considering this factor, there are several pediatric medical devices available for the proper care for the sick babies for various diseases.
The US & Global Pediatric Medical Device Market: ApplicationsThe pediatric medical devices are mostly used in the hospitals, specialized baby clinics and others. The several pediatric medical devices which are used in the treatment for infants and children are infant caps, infant incubators, bililights, newborn hearing screener, cranial orthosis, infant warmer and others. This all pediatrics are used by the pediatrician in some of the condition among infants such as infections, injuries, genetic and congenital conditions, organ diseases and dysfunctions, cancer and other several diseases.
The US & Global Pediatric Medical Device Market: Growth InfluencerThe pediatric medical device market will be driven the market because of increase in the incidences of premature birth and new and innovative technological development in the pediatric medical equipment and devices. Due to this scenario, the US & global pediatric medical devices market is possibly expected to gain a healthy and a strong growth rate in the forecasted year 2016-2027. The other major factors which are influencing the market growth for the US & global pediatric medical devices market are the increasing in the awareness devices related to the diagnoses of baby care, increasing in the healthcare expenditure along with the growing disposable income and the new and updated technological advancements in the pediatric medical devices are pushing The US & Global Pediatric Medical Device Market. On the other hand, the high competitions among the existing key players are acting as an inhibitor in the US & global pediatric medical device market. In the US and other developed and developing economies, the existing government has proposed and initiated to reduce the birth rate to control the population which has radically pulling down the pediatric medical devices market and particularly in the US, because of the incidence of the Zika Virus, the central government and federal health officials has advised and recommended women not to become pregnant. This is one of the major key challenge can be faced by the manufactures of Pediatric Medical Devices.
The US & Global Pediatric Medical Device Market: SegmentationFor the purpose of this study, MRFR has segmented the US & global pediatric medical device market into devices types, applications and end users. The devices types are segmented into infant caps, infant incubators, bililights, newborn hearing screener, cranial orthosis, infant warmer and others. The application segment is divided into hospitals, clinics and others. The end users segmented in divided into doctors, pediatrician and others.
The US & Global Pediatric Medical Device Market: Regional AnalysisUS: Technological advancements, rising life styles, growing population, growing disposable income, increasing healthcare expenditure and rising awareness of pediatric medical devices has propelled the pediatric medical devices market helped the US market to be on the top on the list. Apart from this, the large number of baby hospitals, huge infrastructure, professional and skilled doctors has also pushed and driving the pediatric medical devices market. But the manufacturers may have to face restraints due to the spreading of Zika Virus. Due to this, the government has recommended women not to become pregnant to avoid the infection of Zika Virus to new born babies.
India: In Asia-Pacific, India is one of the biggest markets for pediatric medical devices due to the increasing incidences of premature birth and mature birth. And a large pool of infants and children are still undiagnosed with the proper treatment. Along with this, increasing awareness, growing disposable income and government’s initiative in investing in the healthcare sector.Middle East & Africa: Capturing the MEA pediatric medical device market will become a huge opportunity for the pediatric device manufacturers due to the large number of malnutrition birth rate, increasing infections, government initiative and other several factors.
The US & Global Pediatric Medical Device Market: Key PlayersThe existing and prominent key players present in the The US & Global Pediatric Medical Device Market are Abbott Nutrition, GE Healthcare, Phillips Healthcare, Novamed USA, Narang Medical Limited, Phoenix Medical Systems, Pega Medical, Johnson & Johnson, Medtronic and among others.
Market Research Future introduces about The US & Global Paediatric Medical Device Market during the forecast period 2017-2027 which mainly includes the growth drivers, trends and restraints and how the market will grow in the future across the globe. In this report, Market Research Future has focused on the current market scenario which includes market segmentation, market dynamics, and competitive landscape along with company profiles.
The reports also covers brief analysis of Geographical Region includes:
- North America (US, Canada)
- Latin America (Argentina, Brazil, Mexico, Rest of LATAM)
- Western Europe (Germany, France, Italy, Spain, U.K, Rest of Western Europe)
- Eastern Europe (Poland, Russia)
Asia – Pacific
- Asia (China, India, Japan, South Korea, Rest of Asia)
- Pacific Countries (Australia, New Zealand)
Middle East & Africa
- Middle East (Saudi, Qatar, UAE)
- Rest of Middle East (Africa, South Africa, Rest of Africa)
Every report of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report also gives a broad study of the different market segments and regions.
|Market Size||USD 28537.11 Million|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Application, End Users, Types|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Abbott Nutrition, GE Healthcare, Phillips Healthcare, Novamed USA, Narang Medical Limited, Phoenix Medical Systems, Pega Medical, Johnson & Johnson, Medtronic|
|Key Market Opportunities||The High Competitions among the existing key players are acting as an inhibitor.|
|Key Market Drivers||The Increasing in the Awareness Devices related to the Diagnoses of Baby Care.|