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Rise in prevalence of pediatric diseases and increase in cases of premature birth are driving the pediatric medical devices market size. Heightened cases of diseases, such as obesity, diabetes, and asthma, in children are boosting the demand for pediatric medical devices.
Key players in the market are investing in advanced technologies and launching new products to expand their product portfolio. They are using artificial intelligence to track multiple asthma biomarkers in pediatric patients.
Surge in integration of AI into pediatric asthma management is projected to fuel the pediatric medical devices market revenue in the near future. The integration of AI into pediatric asthma management can lead to improved disease monitoring, early intervention, and better outcomes for children with asthma.
Pediatric medical devices are employed to treat or diagnose diseases in children under the age of 21. Pediatrics is a branch of medicine that is dedicated to the health and medical treatment of newborns, kids, and teenagers.
Pediatric medical devices take into account factors such as smaller body size, developmental stages, and the unique physiology of pediatric patients.
In vitro diagnostic (IVD) devices, cardiology devices, diagnostic imaging devices, anesthesia & respiratory care devices, neonatal ICU devices, monitoring devices, telemedicine, and home-use medical devices are some of the types of pediatric medical devices.
Pediatric medical devices play an important role in detecting various pediatric conditions such as anemia, asthma, leukemia, measles, mumps, pneumonia, and tuberculosis. Various diagnostic imaging technologies are employed to determine the condition of internal organs to identify abnormalities and infections.
According to UNICEF's April 2021 report, approximately 800,000 children under the age of five die from pneumonia each year, more than any other infectious disease. Thus, surge in prevalence of various diseases, such as obesity, diabetes, and asthma, in children is driving the pediatric medical devices market development.
According to the World Health Organization (WHO), the number of children with obesity or overweight under the age of five has increased from 32 million in 1990 to 41 million in 2016 worldwide. The Centers for Disease Control and Prevention (CDC) stated that an estimated 6.2 million children under the age of 18 in the U.S. have asthma.
An infant is usually considered as premature if born before 37 weeks of pregnancy. Complications during pregnancy, ongoing health problems such as high blood pressure, injuries or trauma to the body, and diabetes are a few of the causes of premature birth.
According to studies published in 2023, 1 in 10 babies around the world are born prematurely-before 37 weeks-leading to deaths, disability, and chronic illnesses.
Children who are born early or have health issues after birth are kept under the observation of neonatal medical devices. These devices come with three sticky leads that are placed on the child's skin to monitor heart rate and breathing. A saturation probe is placed on the baby's hand or foot to read the oxygen level.
North America held the largest market share in 2022. Increase in investment in research and development and adoption of advanced radiology technologies are some of the major factors propelling the market dynamics of the region.
Advancements in technologies and frequent product launches by market players are boosting the pediatric medical devices market share in North America. In May 2021, Medtronic plc launched the SonarMed airway monitoring system in the U.S.
The device utilizes acoustic technology to check for endotracheal tube (ETT) obstruction and verify position in real-time, giving clinicians vital information required to make more informed, life-saving decisions for pediatric patients.
Increase in cases of premature births and surge in prevalence of pediatric diseases is augmenting the pediatric medical market growth in North America. In 2022, the CDC stated that preterm birth affected about 1 of every 10 infants born in the U.S.
The global landscape is highly competitive, with several pediatric medical devices market opportunities for expansion and innovation. Companies are adopting various strategies, such as mergers and acquisitions and new product development, to expand their neonatal medical devices portfolio.
Abbott, Boston Scientific Corporation, Baxter International, Inc., Medtronic, Cardinal Health, Inc., F. Hoffmann-La Roche Ltd., GE Healthcare, Johnson & Johnson, Siemens Healthinners, Koninklijke Philips N.V., and Stryker Corporation are some of the key players in the pediatric medical devices industry.
Each of these companies has been profiled in the pediatric medical devices market report based on parameters such as company overview, business strategies, financial overview, business segments, product portfolio, and recent developments.
| Attribute | Detail |
|---|---|
| Market Size in 2022 | US$ 27.6 Bn |
| Market Forecast (Value) in 2031 | US$ 47.4 Bn |
| Growth Rate (CAGR) | 6.3% |
| Forecast Period | 2023-2031 |
| Historical Data Available for | 2017-2021 |
| Quantitative Units | US$ Bn for Value |
| Market Analysis | It includes segment analysis as well as regional level analysis. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces Analysis, value chain analysis, and key trend analysis. |
| Competition Landscape |
|
| Format | Electronic (PDF) + Excel |
| Market Segmentation |
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| Regions Covered |
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| Countries Covered |
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| Companies Profiled |
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| Customization Scope | Available upon request |
| Pricing | Available upon request |
It was valued at US$ 27.6 Bn in 2022
It is anticipated to grow at a CAGR of 6.3% from 2023 to 2031
Rise in prevalence of pediatric diseases and increase in cases of premature birth
North America was the leading region in 2022
Abbott, Boston Scientific Corporation, Baxter International, Inc., Medtronic, Cardinal Health, Inc., F. Hoffmann-La Roche Ltd., GE Healthcare, Johnson & Johnson, Siemens Healthinners, Koninklijke Philips N.V., and Stryker Corporation
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Global Pediatric Medical Devices Market
4. Market Overview
4.1. Introduction
4.1.1. Product Definition
4.1.2. Industry Evolution/Developments
4.2. Overview
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Global Pediatric Medical Devices Market Analysis and Forecast, 2017–2031
5. Key Insights
5.1. Pipeline Analysis
5.2. Key Product/Brand Analysis
5.3. Key Mergers & Acquisitions
5.4. COVID-19 Pandemic Impact on Industry
6. Global Pediatric Medical Devices Market Analysis and Forecast, by Product
6.1. Introduction & Definition
6.2. Key Findings/Developments
6.3. Market Value Forecast, by Product, 2017–2031
6.3.1. In Vitro Diagnostic (IVD) Devices
6.3.2. Cardiology Devices
6.3.3. Diagnostic Imaging Devices
6.3.4. Anesthesia & Respiratory Care Devices
6.3.5. Neonatal ICU Devices
6.3.6. Monitoring Devices
6.3.7. Telemedicine
6.3.8. Home-use Medical Devices
6.4. Market Attractiveness Analysis, by Product
7. Global Pediatric Medical Devices Market Analysis and Forecast, by End-user
7.1. Introduction & Definition
7.2. Key Findings/Developments
7.3. Market Value Forecast, by End-user, 2017–2031
7.3.1. Hospitals
7.3.2. Diagnostic Laboratories
7.3.3. Ambulatory Surgical Centers
7.3.4. Others
7.4. Market Attractiveness Analysis, by End-user
8. Global Pediatric Medical Devices Market Analysis and Forecast, by Region
8.1. Key Findings
8.2. Market Value Forecast, by Region, 2017–2031
8.2.1. North America
8.2.2. Europe
8.2.3. Asia Pacific
8.2.4. Latin America
8.2.5. Middle East & Africa
8.3. Market Attractiveness Analysis, by Region
9. North America Pediatric Medical Devices Market Analysis and Forecast
9.1. Introduction
9.2. Key Findings
9.3. Market Value Forecast, by Product, 2017–2031
9.3.1. In Vitro Diagnostic (IVD) Devices
9.3.2. Cardiology Devices
9.3.3. Diagnostic Imaging Devices
9.3.4. Anesthesia & Respiratory Care Devices
9.3.5. Neonatal ICU Devices
9.3.6. Monitoring Devices
9.3.7. Telemedicine
9.3.8. Home-use Medical Devices
9.4. Market Value Forecast, by End-user, 2017–2031
9.4.1. Hospitals
9.4.2. Diagnostic Laboratories
9.4.3. Ambulatory Surgical Centers
9.4.4. Others
9.5. Market Value Forecast, by Country, 2017–2031
9.5.1. U.S.
9.5.2. Canada
9.6. Market Attractiveness Analysis
9.6.1. By Product
9.6.2. By End-user
9.6.3. By Country
10. Europe Pediatric Medical Devices Market Analysis and Forecast
10.1. Introduction
10.2. Key Findings
10.3. Market Value Forecast, by Product, 2017–2031
10.3.1. In Vitro Diagnostic (IVD) Devices
10.3.2. Cardiology Devices
10.3.3. Diagnostic Imaging Devices
10.3.4. Anesthesia & Respiratory Care Devices
10.3.5. Neonatal ICU Devices
10.3.6. Monitoring Devices
10.3.7. Telemedicine
10.3.8. Home-use Medical Devices
10.4. Market Value Forecast, by End-user, 2017–2031
10.4.1. Hospitals
10.4.2. Diagnostic Laboratories
10.4.3. Ambulatory Surgical Centers
10.4.4. Others
10.5. Market Value Forecast, by Country/Sub-region, 2017–2031
10.5.1. Germany
10.5.2. U.K.
10.5.3. France
10.5.4. Italy
10.5.5. Spain
10.5.6. Rest of Europe
10.6. Market Attractiveness Analysis
10.6.1. By Product
10.6.2. By End-user
10.6.3. By Country/Sub-region
11. Asia Pacific Pediatric Medical Devices Market Analysis and Forecast
11.1. Introduction
11.2. Key Findings
11.3. Market Value Forecast, by Product, 2017–2031
11.3.1. Instruments
11.3.1.1. In Vitro Diagnostic (IVD) Devices
11.3.1.2. Cardiology Devices
11.3.1.3. Diagnostic Imaging Devices
11.3.1.4. Anesthesia & Respiratory Care Devices
11.3.1.5. Neonatal ICU Devices
11.3.1.6. Monitoring Devices
11.3.1.7. Telemedicine
11.3.1.8. Home-use Medical Devices
11.3.2. Hospitals
11.3.3. Diagnostic Laboratories
11.3.4. Ambulatory Surgical Centers
11.3.5. Others
11.4. Market Value Forecast, by Country/Sub-region, 2017–2031
11.4.1. China
11.4.2. Japan
11.4.3. India
11.4.4. Australia & New Zealand
11.4.5. Rest of Asia Pacific
11.5. Market Attractiveness Analysis
11.5.1. By Product
11.5.2. By End-user
11.5.3. By Country/Sub-region
12. Latin America Pediatric Medical Devices Market Analysis and Forecast
12.1. Introduction
12.2. Key Findings
12.3. Market Value Forecast, by Product, 2017–2031
12.3.1. In Vitro Diagnostic (IVD) Devices
12.3.2. Cardiology Devices
12.3.3. Diagnostic Imaging Devices
12.3.4. Anesthesia & Respiratory Care Devices
12.3.5. Neonatal ICU Devices
12.3.6. Monitoring Devices
12.3.7. Telemedicine
12.3.8. Home-use Medical Devices
12.4. Market Value Forecast, by End-user, 2017–2031
12.4.1. Hospitals
12.4.2. Diagnostic Laboratories
12.4.3. Ambulatory Surgical Centers
12.4.4. Others
12.5. Market Value Forecast, by Country/Sub-region, 2017–2031
12.5.1. Brazil
12.5.2. Mexico
12.5.3. Rest of Latin America
12.6. Market Attractiveness Analysis
12.6.1. By Product
12.6.2. By End-user
12.6.3. By Country/Sub-region
13. Middle East & Africa Pediatric Medical Devices Market Analysis and Forecast
13.1. Introduction
13.2. Key Findings
13.3. Market Value Forecast, by Product, 2017–2031
13.3.1. In Vitro Diagnostic (IVD) Devices
13.3.2. Cardiology Devices
13.3.3. Diagnostic Imaging Devices
13.3.4. Anesthesia & Respiratory Care Devices
13.3.5. Neonatal ICU Devices
13.3.6. Monitoring Devices
13.3.7. Telemedicine
13.3.8. Home-use Medical Devices
13.4. Market Value Forecast, by End-user, 2017–2031
13.4.1. Hospitals
13.4.2. Diagnostic Laboratories
13.4.3. Ambulatory Surgical Centers
13.4.4. Others
13.5. Market Value Forecast, by Country/Sub-region, 2017–2031
13.5.1. GCC Countries
13.5.2. South Africa
13.5.3. Rest of Middle East & Africa
13.6. Market Attractiveness Analysis
13.6.1. By Product
13.6.2. By End-user
13.6.3. By Country/Sub-region
14. Competition Landscape
14.1. Market Player - Competitive Matrix (by Tier and Size of Companies)
14.2. Market Share Analysis, by Company (2022)
14.3. Company Profiles
14.3.1. Boston Scientific Corporation
14.3.1.1. Company Overview
14.3.1.2. Product Portfolio
14.3.1.3. SWOT Analysis
14.3.1.4. Financial Overview
14.3.1.5. Strategic Overview
14.3.2. Baxter International, Inc.
14.3.2.1. Company Overview
14.3.2.2. Product Portfolio
14.3.2.3. SWOT Analysis
14.3.2.4. Financial Overview
14.3.2.5. Strategic Overview
14.3.3. Medtronic
14.3.3.1. Company Overview
14.3.3.2. Product Portfolio
14.3.3.3. SWOT Analysis
14.3.3.4. Financial Overview
14.3.3.5. Strategic Overview
14.3.4. Cardinal Health, Inc.
14.3.4.1. Company Overview
14.3.4.2. Product Portfolio
14.3.4.3. SWOT Analysis
14.3.4.4. Financial Overview
14.3.4.5. Strategic Overview
14.3.5. F. Hoffmann-La Roche Ltd.
14.3.5.1. Company Overview
14.3.5.2. Product Portfolio
14.3.5.3. SWOT Analysis
14.3.5.4. Financial Overview
14.3.5.5. Strategic Overview
14.3.6. GE Healthcare
14.3.6.1. Company Overview
14.3.6.2. Product Portfolio
14.3.6.3. SWOT Analysis
14.3.6.4. Financial Overview
14.3.6.5. Strategic Overview
14.3.7. Johnson & Johnson
14.3.7.1. Company Overview
14.3.7.2. Product Portfolio
14.3.7.3. SWOT Analysis
14.3.7.4. Financial Overview
14.3.7.5. Strategic Overview
14.3.8. Siemens Healthinners
14.3.8.1. Company Overview
14.3.8.2. Product Portfolio
14.3.8.3. SWOT Analysis
14.3.8.4. Financial Overview
14.3.8.5. Strategic Overview
14.3.9. Koninklikje Philips N.V
14.3.9.1. Company Overview
14.3.9.2. Product Portfolio
14.3.9.3. SWOT Analysis
14.3.9.4. Financial Overview
14.3.9.5. Strategic Overview
14.3.10. Abbott
14.3.10.1. Company Overview
14.3.10.2. Product Portfolio
14.3.10.3. SWOT Analysis
14.3.10.4. Financial Overview
14.3.10.5. Strategic Overview
14.3.11. Stryker Corporation
14.3.11.1. Company Overview
14.3.11.2. Product Portfolio
14.3.11.3. SWOT Analysis
14.3.11.4. Financial Overview
14.3.11.5. Strategic Overview
List of Tables
Table 01: Global Pediatric Medical Devices Market Size (US$ Mn) Forecast, by Product, 2017–2031
Table 02: Global Pediatric Medical Devices Market Size (US$ Mn) Forecast, by End-user, 2017–2031
Table 03: Global Pediatric Medical Devices Market Size (US$ Mn) Forecast, by Region, 2017–2031
Table 04: North America Pediatric Medical Devices Market Size (US$ Mn) Forecast, by Country, 2017–2031
Table 05: North America Pediatric Medical Devices Market Size (US$ Mn) Forecast, by Product, 2017–2031
Table 06: North America Pediatric Medical Devices Market Size (US$ Mn) Forecast, by End-user, 2017–2031
Table 07: Europe Pediatric Medical Devices Market Size (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 08: Europe Pediatric Medical Devices Market Size (US$ Mn) Forecast, by Product, 2017–2031
Table 09: Europe Pediatric Medical Devices Market Size (US$ Mn) Forecast, by End-user, 2017–2031
Table 10: Asia Pacific Pediatric Medical Devices Market Size (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 11: Asia Pacific Pediatric Medical Devices Market Size (US$ Mn) Forecast, by Product, 2017–2031
Table 12: Asia Pacific Pediatric Medical Devices Market Size (US$ Mn) Forecast, by End-user, 2017–2031
Table 13: Latin America Pediatric Medical Devices Market Size (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 14: Latin America Pediatric Medical Devices Market Size (US$ Mn) Forecast, by Product, 2017–2031
Table 15: Latin America Pediatric Medical Devices Market Size (US$ Mn) Forecast, by End-user, 2017–2031
Table 16: Middle East & Africa Pediatric Medical Devices Market Size (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 17: Middle East & Africa Pediatric Medical Devices Market Size (US$ Mn) Forecast, by Product, 2017–2031
Table 18: Middle East & Africa Pediatric Medical Devices Market Size (US$ Mn) Forecast, by End-user, 2017–2031
List of Figures
Figure 01: Global Pediatric Medical Devices Market Size (US$ Mn) and Distribution (%), by Region, 2022–2031
Figure 02: Global Pediatric Medical Devices Market Revenue (US$ Mn), by Product, 2022
Figure 03: Global Pediatric Medical Devices Market Value Share, by Product, 2022
Figure 04: Global Pediatric Medical Devices Market Revenue (US$ Mn), by End-user, 2022
Figure 05: Global Pediatric Medical Devices Market Value Share, by End-user, 2022
Figure 06: Global Pediatric Medical Devices Market Value Share, by Region, 2022
Figure 07: Global Pediatric Medical Devices Market Value (US$ Mn) Forecast, 2023–2031
Figure 08: Global Pediatric Medical Devices Market Value Share Analysis, by Product, 2022–2031
Figure 09: Global Pediatric Medical Devices Market Attractiveness Analysis, by Product, 2023–2031
Figure 10: Global Pediatric Medical Devices Market Value Share Analysis, by End-user, 2022–2031
Figure 11: Global Pediatric Medical Devices Market Attractiveness Analysis, by End-user, 2022–2031
Figure 12: Global Pediatric Medical Devices Market Value Share Analysis, by Region, 2022–2031
Figure 13: Global Pediatric Medical Devices Market Attractiveness Analysis, by Region, 2022–2031
Figure 14: North America Pediatric Medical Devices Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), 2017–2031
Figure 15: North America Pediatric Medical Devices Market Attractiveness Analysis, by Country, 2023–2031
Figure 16: North America Pediatric Medical Devices Market Value Share Analysis, by Country, 2022–2031
Figure 17: North America Pediatric Medical Devices Market Value Share Analysis, by Product, 2022–2031
Figure 18: North America Pediatric Medical Devices Market Value Share Analysis, by End-user, 2022–2031
Figure 19: North America Pediatric Medical Devices Market Attractiveness Analysis, by Product, 2023–2031
Figure 20: North America Pediatric Medical Devices Market Attractiveness Analysis, by End-user, 2023–2031
Figure 21: Europe Pediatric Medical Devices Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), 2017–2031
Figure 22: Europe Pediatric Medical Devices Market Attractiveness Analysis, by Country/Sub-region, 2023–2031
Figure 23: Europe Pediatric Medical Devices Market Value Share Analysis, by Country/Sub-region, 2022–2031
Figure 24: Europe Pediatric Medical Devices Market Value Share Analysis, by Product, 2022–2031
Figure 25: Europe Pediatric Medical Devices Market Value Share Analysis, by End-user, 2022–2031
Figure 26: Europe Pediatric Medical Devices Market Attractiveness Analysis, by Product, 2023–2031
Figure 27: Europe Pediatric Medical Devices Market Attractiveness Analysis, by End-user, 2023–2031
Figure 28: Asia Pacific Pediatric Medical Devices Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), 2017–2031
Figure 29: Asia Pacific Pediatric Medical Devices Market Attractiveness Analysis, by Country/Sub-region, 2023–2031
Figure 30: Asia Pacific Pediatric Medical Devices Market Value Share Analysis, by Country/Sub-region, 2022–2031
Figure 31: Asia Pacific Pediatric Medical Devices Market Value Share Analysis, by Product, 2022–2031
Figure 32: Asia Pacific Pediatric Medical Devices Market Value Share Analysis, by End-user, 2022–2031
Figure 33: Asia Pacific Pediatric Medical Devices Market Attractiveness Analysis, by Product, 2023–2031
Figure 34: Asia Pacific Pediatric Medical Devices Market Attractiveness Analysis, by End-user, 2023–2031
Figure 35: Latin America Pediatric Medical Devices Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), 2017–2031
Figure 36: Latin America Pediatric Medical Devices Market Attractiveness Analysis, by Country/Sub-region, 2023–2031
Figure 37: Latin America Pediatric Medical Devices Market Value Share Analysis, by Country/Sub-region, 2022–2031
Figure 38: Latin America Pediatric Medical Devices Market Value Share Analysis, by Product, 2022–2031
Figure 39: Latin America Pediatric Medical Devices Market Value Share Analysis, by End-user, 2022–2031
Figure 40: Latin America Pediatric Medical Devices Market Attractiveness Analysis, by Product, 2023–2031
Figure 41: Latin America Pediatric Medical Devices Market Attractiveness Analysis, by End-user, 2023–2031
Figure 42: Middle East & Africa Pediatric Medical Devices Market Size (US$ Mn) Forecast and Y-o-Y Growth (%), 2017–2031
Figure 43: Middle East & Africa Pediatric Medical Devices Market Attractiveness Analysis, by Country/Sub-region, 2023–2031
Figure 44: Middle East & Africa Pediatric Medical Devices Market Value Share Analysis, by Country/Sub-region, 2022–2031
Figure 45: Middle East & Africa Pediatric Medical Devices Market Value Share Analysis, by Product, 2022–2031
Figure 46: Middle East & Africa Pediatric Medical Devices Market Value Share Analysis, by End-user, 2022–2031
Figure 47: Middle East & Africa Pediatric Medical Devices Market Attractiveness Analysis, by Product, 2023–2031
Figure 48: Middle East & Africa Pediatric Medical Devices Market Attractiveness Analysis, by End-user, 2023–2031
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Pediatric Medical Devices Market