According to our new research study on “Pediatric Medical Devices Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product and End User,” the market is projected to reach US$ 48,305.21 million by 2028 from US$ 28,207.65 million in 2021; it is estimated to grow at a CAGR of 8.0% during 2021–2028. Noninvasive ventilation (NIV) has been in use for treating rest cluttered breathing, respiratory trouble, and respiratory disappointment in grown-ups for quite a long time, and it has been explored for use in pediatric patients in the last century.
Sedation and respiratory gadgets find various applications, especially among pediatric patients, because of their adequacy in treating infections such as asthma. As per the World Health Organization (WHO), asthma is a persistent fiery sickness that influences a huge number of youngsters below the age of five. The greater part of the passing’s because of persistent fiery sicknesses happens fundamentally in non-industrial nations. Ascend in the predominance of respiratory sicknesses, expansion in the ubiquity of versatile gadgets, and inclination toward home medical care gadgets and administrations is likely to fuel the target market.
Snapshot from Competitive Landscape-
Some Top Company Profiles operating in the Pediatric Medical Devices Industry-
F. HOFFMANN-LA ROCHE LTD.; GENERAL ELECTRIC, Atom Medical Corp.; Koninklijke Philips N.V., Siemens AG; Medtronic; Hamilton Medical; Novonate, Inc.; TSE MEDICAL, and Fritz Stephan GmbH are among the major companies in the pediatric medical devices market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Industry based on various segments. It also provides Industry size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Industry by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyses these key players in the global Pediatric Medical Devices Industry. These players have incorporated various strategies such as expansion, new product launches, partnerships, and others to increase their Industry penetration and strengthen their position in the industry. The report is helpful in assessing the operating segments, their business performance & product portfolio, and so on.
Leading Industry players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position are explained to help make a well informed decision. Competitive landscape of Pediatric Medical Devices Industry is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.
The pediatric medical devices market, by product, is segmented into in vitro diagnostic (IVD), cardiology devices, respiratory care, monitoring devices, neonatal ICU devices, others. The in vitro diagnostic (IVD segment is likely to hold the largest share of the market in 2021, and the respiratory care segment is anticipated to register the highest CAGR of 8.6% in the market during the forecast period.
Based on end user, the pediatric medical devices market is segmented into hospitals, pediatric clinics, and others. The hospitals segment is likely to hold the largest share of the market in 2021. Moreover, the pediatric clinics segment is estimated to register the highest CAGR of 8.5% in the market during the forecast period.
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TABLE OF CONTENTS
- KEY TAKEAWAYS
- RESEARCH METHODOLOGY
- MARKET LANDSCAPE
- MARKET – KEY MARKET DYNAMICS
- MARKET – GLOBAL MARKET ANALYSIS
- MARKET – REVENUE AND FORECASTS TO 2028 – TYPE
- MARKET – REVENUE AND FORECASTS TO 2028 – APPLICATION
- MARKET REVENUE AND FORECASTS TO 2028 – GEOGRAPHICAL ANALYSIS
- INDUSTRY LANDSCAPE
- MARKET, KEY COMPANY PROFILES
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