Pediatric Medical Devices Market By Product (Anesthesia & Respiratory Care Devices, Home-use Medical Devices, In Vitro Diagnostic (IVD) Devices, Monitoring Devices, Cardiology Devices, Neonatal ICU Devices, Diagnostic Imaging Devices and Telemedicine) and End-Use (Ambulatory Surgical Centers, Diagnostic Laboratories, Hospitals and Others) - Global Industry Analysis And Forecast To 2025
Pediatric patients according to The Federal Food, Drug & Cosmetic Act are the people below 21 years of age at the time of their diagnosis or treatment. So Pediatric Medical Devices are the devices used for taking medical care of population below 21 years age from different disorders. Designing of the devices is done from the point of view of children, while some are borrowed from adult applications or manufactured from some general use. There is rise in the use of Pediatric Medical Devices due the factors like; increasing number of disorders seen in children, increasing number of pediatric clinics & hospitals, increase in the number of chronic diseases (heart disease and others) among children, also the efforts by different organizations (FDA is one such organization dealing with development and availability of safe and useful Pediatric Medical Devices) in spreading awareness, etc. Therefore, the Pediatric Medical Devices Market is anticipated to expand and has tremendous scope during the forecast period. The global Pediatric Medical Devices Market anticipated to flourish in the future by growing at a significantly higher CAGR.
The global Pediatric Medical Devices Market is based on segment, by Product the market is segmented into Anesthesia & Respiratory Care Devices, Home-use Medical Devices, In Vitro Diagnostic (IVD) Devices, Monitoring Devices, Cardiology Devices, Neonatal ICU Devices, Diagnostic Imaging Devices and Telemedicine; and by End-Use the market is segmented into Ambulatory Surgical Centers, Diagnostic Laboratories, Hospitals and Others.
Pediatric Medical Devices Market, By Product
Anesthesia & Respiratory Care Devices
Home-use Medical Devices
In Vitro Diagnostic (IVD) Devices
Neonatal ICU Devices
Diagnostic Imaging Devices
Pediatric Medical Devices Market, By End-Use
Ambulatory Surgical Centers
On a global front, the Pediatric Medical Devices Market covers North America (United States, Canada and Mexico), Europe (Germany, UK, France, Russia, Italy, Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific), South America (Brazil, Argentina, Columbia, Rest of South America) and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA). North American region is leading the Pediatric Medical Devices Market due to factors like; increasing awareness in people about health, increasing requirement for Pediatric Medical Devices in hospitals & clinics, rising disorders like heart disease, obesity & diabetes, etc.
Pediatric Medical Devices Market, By Region
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The leading players in the market are GE Healthcare, Stryker Corporation, Medtronic plc, Cardinal Health Inc., Siemens Healthineers, Boston Scientific Corporation, F. Hoffmann-La Roche Ltd., Baxter International Inc., Koninklijke Philips N.V., Johnson & Johnson, and Abbott Laboratories. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Cardinal Health Inc.
Boston Scientific Corporation
F. Hoffmann-La Roche Ltd.
Baxter International Inc.
Koninklijke Philips N.V.
Johnson & Johnson
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?