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 | January, 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