Pediatric Medical Device Market Research Report- Global Forecast till 2023

Pediatric Medical Device Market Research Report- Global Forecast till 2023

ID: MRFR/MED/0474-HCRR | October, 2018 | Region: Global | 80 pages | Half-Cooked Research Reports

Global Pediatric Medical Device Information, By Type (Infant Caps, Infant Incubators, Bili Lights, Newborn Hearing Screener, Infant Warmer, Cranial Orthosis, Atrial Septal Defect Occlude, Cerebrospinal Fluid Shunt, others) By End Users - Forecast till 2023


Intended Audience



  • Medical device manufacturers

  • Medical device suppliers

  • Contract research organizations (CROs)

  • Research and development (R&D) companies

  • Academic medical institutes and universities


Market Scenario:


Pediatrics is a branch of medicine which deals with diagnosis and treatment of diseases related to pediatric group. It can be classified into the four categories namely neonates (from birth till the first 28 days of life), infants (29 days to 2 years), children (2 years to 12 years) and adolescents (12 years to 18 years). Pediatrician is a medical professional who specializes in providing treating the pediatric group.


Pediatric medical devices are used for the treatment and care of 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 cases, adult devices are also used. Market for pediatric medical devices is growing tremendously due to rising incidence of disease among children, rising child bearing age among women, increasing number of children with chronic heart diseases, rising number of pediatric hospitals and clinics. Moreover, increasing number of initiatives by the regulatory organization has also supported the market growth. For instance, to support the development and availability of safe and effective pediatric medical devices FDA has taken initiatives like they are collaborating with the Institute of Medicine for the effectiveness of post-market surveillance of pediatric medical devices. While due to the lack of significant biocompatibility and safety criteria for the medical devices have restrained the growth of pediatric medical device market. Moreover, the other major restraint for the market is design compatible pediatric devices that can provide appropriate care to the pediatric patients.


Global market of pediatric medical device is expected to grow at a CAGR of approximately 10.5% during the forecast period 2017-2023.


Figure 1: Global Pediatric Medical Device Market, by Region, 2016:

Pediatric Medical Device Market


Source: U.S. Food and Drug Administration, National Center for Biotechnology Information, U.S. National Library of Medicine, American Academy of Pediatrics, World Health Organization, clinicaltrials.gov, Press Release, Company Presentation, Annual Reports


Segmentation:


Global pediatric medical device market has been segmented on the basis of types of devices which includes infant caps, infant incubators, bili lights, newborn hearing screener, infant warmer, cranial orthosis, atrial septal defect occlude, cerebrospinal fluid shunt and others. Other devices include pulse oximeter for infants and automated external defibrillator. On the basis of end users, the market is segmented into hospitals, pediatric clinics and others.


Regional Analysis:


Globally, pediatric medical device market consists of four regions namely Americas, Europe, Asia Pacific and Middle East & Africa. America is the largest market for pediatric medical devices whose growth is attributed to an increase in incidence of chronic diseases like heart disease, diabetes and obesity, rising awareness about adolescent health and rising demand of medical devices in pediatric hospitals and clinics. According to National Institute of Diabetes & Digestive & Kidney Diseases, 17.6 percent children and adolescents aged between 2 to 19 which is about 1 in 6 were considered to have obesity, and about 1 in 17 (6 percent) were considered to have extreme obesity in US.


Europe is the second largest market owing to prevalence of obesity, disease among children, increasing number pediatric clinics and demand of innovative medical devices for children. 


Asia Pacific shows a steady and positive growth in this market, owing to increasing awareness regarding child health & prevention of diseases which are common among children. Incidence of obesity and insulin dependent diabetes in children is found be high in India and China. Population growth and premature child birth is also driving the growth of this market in Asia Pacific.


The market shows an increasing growth in Middle East & Africa due top prevalence of malnutrition among children in African countries. Middle East & African market for pediatric medical devices also shows high growth opportunities due to increase in government’s initiatives to fight against malnutrition.


Key Players


Abbott (U.S), General Electric Company (U.S), Johnson & Johnson Private Limited (U.S),  Medtronic (Ireland), Siemens AG (Germany), Koninklijke Philips N.V. (Netherland), Novamed (U.S), Phoenix Medical Systems USA (U.S), Phoenix Medical Systems (P) Ltd. (India),  Pega Medical (U.S)


 

Table of Contents

1. Report Prologue

2. Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

2.3 Market Structure

2.4. Market Segmentation

3. Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Threats

4.5 Macroeconomic Indicators

5. Market Factor Analysis

5.1 Value Chain Analysis

5.2 Porters Five Forces

5.3 Demand & Supply: Gap Analysis

5.4 Pricing Analysis

5.5 Investment Opportunity Analysis

5.6 Merger and Acquisition Landscape

5.7 Up-Coming Trends in Pediatric Medical Device Market

6. Global Pediatric Medical Device Market by Type

6.1 Infant Caps

6.2 Infant Incubators

6.3 Bili Lights

6.4 New Born Hearing Screener

6.5 Infant Warmer

6.6 Cranial Orthosis

6.7 Atrial Septal Defect Occlude

6.8 Cerebrospinal Fluid Shunt

6.9 Others

6.9.1 Pulse Oximeter for Infants

6.9.2 Automated External Defibrillator

7. Global Pediatric Medical Device Market by End User

7.1 Hospitals

7.3 Pediatric Clinics

7.4 Others

8. Global Pediatric Medical Device Market by Region

8.1 Introduction

8.2 Americas

8.2.1 North America

8.2.1.1 US

8.2.1.2 Canada

8.2.2 South America

8.3 Europe

8.3.1 Western Europe

8.3.1.1 Germany

8.3.1.2 UK

8.3.1.3 France

8.3.1.4 Italy

8.3.1.5 Spain

8.3.1.6 Rest of Western Europe

8.3.2 Eastern Europe

8.4 Asia Pacific

8.4.1 Japan

8.4.2 China

8.4.3 India

8.4.4 Republic Of Korea

8.4.5 Australia

8.4.6 Rest of Asia Pacific

8.5 Middle East & Africa

8.5.1 United Arab Emirates

8.5.2 Saudi Arabia

8.5.3 Oman

8.5.4 Qatar

8.5.5 Kuwait

8.5.6 Rest of Middle East & Africa

9 Competitive Landscape

10 Company Profile

10.1 Abbott

10.1.1 Overview

10.1.2 Product/Business Segment Overview

10.1.3 Financial Updates

10.1.4 Key Developments

10.2 General Electric Company

10.2.1 Overview

10.2.2 Product/Business Segment Overview

10.2.3 Financial Updates

10.2.4 Key Developments

10.3 Johnson & Johnson Private Limited

10.3.1 Overview

10.3.2 Product/Business Segment Overview

10.3.3 Financial Updates

10.3.4 Key Developments

10.4 Medtronic

10.4.1 Overview

10.4.2 Product/Business Segment Overview

10.4.3 Financial Updates

10.4.4 Key Development

10.5 Siemens AG

10.5.1 Overview

10.5.2 Product/Business Segment Overview

10.5.3 Financial Updates

10.5.4 Key Developments

10.6 Koninklijke Philips N.V.

10.6.1 Overview

10.6.2 Product/Business Segment Overview

10.6.3 Financial Updates

10.6.4 Key Developments

10.7 Novamed

10.7.1 Overview

10.7.2 Product/Business Segment Overview

10.7.3 Financial Updates

10.7.4 Key Developments

10.8 Phoenix Medical Systems USA

10.8.1 Overview

10.8.2 Product/Business Segment Overview

10.8.3 Financial Updates

10.8.4 Key Developments

10.9 Others

11 Conclusion

11.1 Key Findings

11.1.1 From CEO’s Viewpoint

11.1.2 Unmet Needs of the Market

11.2 Key Companies to Watch

11.3 Prediction of Industry

12 Appendix



LIST OF TABLES

Table 1 Pediatric Medical Device Industry Synopsis, 2017-2023

Table 2 Global Pediatric Medical Device Market Estimates and Forecast, 2017-2023, (USD Million)

Table 3 Global Pediatric Medical Device Market by Region, 2017-2023, (USD Million)

Table 4 Global Pediatric Medical Device Market by Type, 2017-2023, (USD Million)

Table 5 Global Pediatric Medical Device Market by End Users, 2017-2023, (USD Million)

Table 6 North America Pediatric Medical Device Market by Type, 2017-2023, (USD Million)

Table 7 North America Pediatric Medical Device Market by End Users, 2017-2023, (USD Million)

Table 8 US Pediatric Medical Device Market by Type, 2017-2023, (USD Million)

Table 9 US Pediatric Medical Device Market by End Users, 2017-2023, (USD Million)

Table 10 Canada Pediatric Medical Device Market by Type, 2017-2023, (USD Million)

Table 11 Canada Pediatric Medical Device Market by End Users, 2017-2023, (USD Million)

Table 12 South America Pediatric Medical Device Market by Type, 2017-2023, (USD Million)

Table 13 South America Pediatric Medical Device Market by End Users, 2017-2023, (USD Million)

Table 14 Europe Pediatric Medical Device Market by Type, 2017-2023, (USD Million)

Table 15 Europe Pediatric Medical Device Market by End Users, 2017-2023, (USD Million)

Table 16 Western Europe Pediatric Medical Device Market by Type, 2017-2023, (USD Million)

Table 17 Western Europe Pediatric Medical Device Market by End Users, 2017-2023, (USD Million)

Table 18 Eastern Europe Pediatric Medical Device Market by Type, 2017-2023, (USD Million)

Table 19 Eastern Europe Pediatric Medical Device Market by End Users, 2017-2023, (USD Million)

Table 20 Asia Pacific Pediatric Medical Device Market by Type, 2017-2023, (USD Million)

Table 21 Asia Pacific Pediatric Medical Device Market by End Users, 2017-2023, (USD Million)

Table 22 Middle East & Africa Pediatric Medical Device Market by Type, 2017-2023, (USD Million)

Table 23 Middle East & Africa Pediatric Medical Device Market by End Users, 2017-2023, (USD Million)



LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation for Global Pediatric Medical Device Market

Figure 3 Segmentation Market Dynamics for Pediatric Medical Device Market

Figure 4 Global Pediatric Medical Device Market Share, by Product, 2016

Figure 5 Global Pediatric Medical Device Market Share, by End Users, 2016

Figure 6 Global Pediatric Medical Device Market Share, by Region, 2016

Figure 7 North America Pediatric Medical Device Market Share, by Country, 2016

Figure 8 Europe Pediatric Medical Device Market Share, by Country, 2016

Figure 9 Asia Pacific Pediatric Medical Device Market Share, by Country, 2016

Figure 10 Middle East & Africa Pediatric Medical Device Market Share, by Country, 2016

Figure 11 Global Pediatric Medical Device Market: Company Share Analysis, 2016 (%)

Figure 12 Abbott: Key Financials

Figure 13 Abbott Segmental Revenue

Figure 14 Abbott: Geographical Revenue

Figure 15 GE Healthcare: Key Financials

Figure 16 GE Healthcare: Segmental Revenue

Figure 17 GE Healthcare: Geographical Revenue

Figure 18 Johnson & Johnson Private Limited: Key Financials

Figure 19 Johnson & Johnson Private Limited: Segmental Revenue

Figure 20 Johnson & Johnson Private Limited: Geographical Revenue

Figure 21 Medtronic: Key Financials

Figure 22 Medtronic: Segmental Revenue

Figure 23 Medtronic: Geographical Revenue

Figure 24 Siemens AG: Key Financials

Figure 25 Siemens AG: Segmental Revenue

Figure 26 Siemens AG: Geographical Revenue

Figure 27 Koninklijke Philips N.V.: Key Financials

Figure 28 Koninklijke Philips N.V.: Segmental Revenue

Figure 29 Koninklijke Philips N.V.: Geographical Revenue

Figure 30 Novamed: Key Financials

Figure 31 Novamed: Segmental Revenue

Figure 32 Novamed: Geographical Revenue

Figure 33 Phoenix Medical Systems USA: Key Financials

Figure 34 Phoenix Medical Systems USA: Segmental Revenue

Figure 35 Phoenix Medical Systems USA: Geographical Revenue

Figure 36 Pega Medical: Key Financials

Figure 37 Pega Medical: Segmental Revenue

Figure 38 Pega Medical: Geographical Revenue