DUBLIN--(BUSINESS WIRE)--The "Pediatric Medical Devices Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
The pediatric medical devices market is expected to grow with a CAGR of nearly 8.3% over the forecast period.
The major factor attributed to the growth of the market is the increasing prevalence of chronic disease in the pediatric population like anemia, asthma, chickenpox, diphtheria, leukemia, measles, mumps, pneumonia, tuberculosis, whooping cough, Lyme disease. According to the report of UNICEF, pneumonia kills more children than any other infectious disease, taking the lives of over 800,000 children under five, every year. This incorporates over 153,000 newborns.
Furthermore, the growing investments in research and development programs by the government to develop the medical infrastructure in the pediatric section is boosting the market growth. However, the lack of awareness of the pediatric medical devices available is the major drawback of market growth.
Neonatal ICU Devices Holds the Largest Share and Anesthesia & Respiratory Care Devices is the Fastest Growing Segment in the Market
Children who need treatment in the NICU are often transferred there in 24 hours after birth because of problems during delivery, premature birth or health complications after birth. Preterm birth is when a baby is born too early before 37 weeks of pregnancy. According to the World Health Organization, in 2018, preterm birth affected 1 of every 10 infants born in the United States. Preterm birth babies are more susceptible to diseases like sepsis, pneumonia, etc.
North America Dominates the Market and Expected to do Same in the Forecast Period
North America is expected to dominate the overall market, throughout the forecast period. The market growth is due to the factors such as the presence of key players, high prevalence of pediatric chronic diseases in the region, established healthcare infrastructure. Furthermore, beneficial government initiatives and an increase in the number of research partnerships are some of the drivers expected to increase the market growth. In this region, the United States has the maximum share due to supportive healthcare policies, the high number of patients, and a developed healthcare market.
Key Topics Covered:
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Prevalence of Infectious Diseases among the Pediatric Population
4.2.2 Development of Health Care Infrastructure for Pediatric Health Issues
4.3 Market Restraints
4.3.1 Lack of Awareness about the Pediatric Medical Devices
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Product
5.1.1 IVD Devices
5.1.2 Cardiology Devices
5.1.3 Anesthesia & Respiratory Care Devices
5.1.4 Neonatal ICU Devices
5.1.5 Monitoring Devices
5.1.6 Others
5.2 By End-User
5.2.1 Hospitals
5.2.2 Diagnostic Laboratories
5.2.3 Pediatric Clinics
5.2.4 Others
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Italy
5.3.2.5 Spain
5.3.2.6 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 South Korea
5.3.3.6 Rest of Asia-Pacific
5.3.4 Middle-East and Africa
5.3.4.1 GCC
5.3.4.2 South Africa
5.3.4.3 Rest of Middle-East and Africa
5.3.5 South America
5.3.5.1 Brazil
5.3.5.2 Argentina
5.3.5.3 Rest of South America
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 TSE MEDICAL
6.1.2 DAVID
6.1.3 Hamilton Medical
6.1.4 GE Healthcare
6.1.5 Fritz Stephan GmbH
6.1.6 Phoenix Medical Systems
6.1.7 Comed
6.1.8 Elektro-Mag
6.1.9 Trimpeks
6.1.10 Atom Medical Corp
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/v1dv3u
