Paediatric Medical Device Market

Paediatric Medical Device Market is estimated to reach US$ XX Mn by 2026 in terms of revenue at a CAGR of XX % in the forecast Period.

Paediatric Medical Device Market

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The market for Paediatric Medical Device Market is growing tremendously due to a rising incidence of diseases among children, rising child bearing age among women, increasing number of children with chronic heart diseases, the rising number of paediatric hospitals and clinics. Development of health care infrastructure in emerging economies and rise in awareness about the available treatments for paediatric health issues have led to adopt Paediatric Medical Device Market rapidly. Increase in government’s initiatives to fight against malnutrition will also provide ample opportunities for the market to grow in the upcoming years.

The surge in awareness about paediatric care, economic growth in emerging markets, and technical advancements in the paediatric healthcare industry is expected to augment the global market during the forecast period. However, a lack of significant biocompatibility and safety criteria for the medical devices have restrained the growth of Paediatric Medical Device Market.

Paediatric Medical Device Market is majorly segmented by type, product, end-user, and region. In terms of product, the neonatal ICU devices segment held major market share in 2017 and is projected to lead the market by 2026. Anesthesia and respiratory devices have a fairly high usage, particularly among paediatric patients, due to their efficacy in treating diseases such as asthma.

The North America region in the Paediatric Medical Device Market holds a major market share and is predominantly driven by factors such as a rise in prevalence of cancer and respiratory diseases, increase in popularity of portable devices, and growing preference for home healthcare devices and services. In addition, Asia Pacific region is the fastest growing region because of untapped opportunities, improving healthcare infrastructure, increase in awareness about available diagnostic procedures and technologies, and favorable government initiatives.

Paediatric Medical Device Market share is consolidated, as key multinational players occupy the major industry share. Johnson & Johnson and Abbott are some of the major industry players. Production capacity expansion, brand portfolio expansion, mergers, collaborations, and acquisitions are the key strategies adopted by industry players. Johnson & Johnson are into consumer businesses that embrace innovative science to create medical products, anticipate consumer needs and create experiences that help people to live healthy & vibrant lives.
Scope Of The Paediatric Medical Device Market : Inquire before buying

The Paediatric Medical Device Market covered in this report has been segmented as follows:
Paediatric Medical Device Market, By Type

• Infant Caps
• Infant Incubators
• Bili Lights
• New Born Hearing Screener
• Infant Warmer
• Cranial Orthosis
• Atrial Septal Defect Occlude
• Cerebrospinal Fluid Shunt
• Others
• Pulse Oximeter For Infants
• Automated External Defibrillator
Paediatric Medical Device Market, By Product

• In Vitro Diagnostic (IVD) Devices
• Cardiology Devices
• Diagnostic Imaging Devices
• Anaesthesia & Respiratory Care Devices
• Neonatal ICU Devices
• Monitoring Devices Telemedicine
• Home-use Medical Devices
Paediatric Medical Device Market, By End User

• Hospitals
• Paediatric Clinics
• Others
Paediatric Medical Device Market, By Region

• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Latin America
Key Players operating in the Paediatric Medical Device Market:

• Abbott
• General Electric Company
• Johnson & Johnson Private Limited
• Medtronic (Ireland),
• Koninklijke Philips N.V.
• Novamed
• Siemens AG
• Phoenix Medical Systems (P) Ltd.
• Pega Medical
• Boston Scientific Corporation
• Cardinal Health
• Stryker Corporation
• F. Hoffmann-La Roche Ltd
• Philips Healthcare
• Baxter
• Siemens Healthineers
• Hamilton Medical
• Fritz Stephan GmbH
• Novonate Inc.
• Elektro Mag
• Trimpeks

Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the current Paediatric Medical Device Market outlook. The report encompasses the Paediatric Medical Device Market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for taking an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Paediatric Medical Device Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Paediatric Medical Device Market positioning of competitors.
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