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Availability of Wide Range of Pediatric Medical Devices to Drive Market Growth During 2021–2028
According to our new research study on “Pediatric Medical Devices Market Forecast to 2028 – COVID-19 Impact and Analysis – by Product, End-User,” the market is expected projected to reach US$ 48,305.21 million in by 2028 from an estimated value of US$ 28,207.65 million in 2021;. The market it is estimated to grow with at a CAGR of 8.0% from during 2021 to 2028 The report highlights trends prevailing in the market, and drivers and hindrances pertaining to the market growth.
Pediatric care is comparatively different from the care provided to adult patients. There exists a large number of medical devices manufacturers that offer a comprehensive range of devices and services in the pediatrics segment. The international players have established a strong network of products sales and post-sales services in different countries and regions. Koninklijke Philips N.V., MEDTRONIC, Siemens AG, GENERAL ELECTRIC, and other companies operating in the medical devices business have set business units, manufacturing plants, and sales and services offices in international locations. The presence of such business units helps them build brand loyalty among customers and patients in the respective regions. The global players are also adopting online platforms to sell their products to hospitals and directly to the patients. Thus, doorstep services help them provide better customer services and grab market opportunities existing in remote locations by employing advanced logistics systems and extended distributions networks of their own or of their partners. Moreover, the rising awareness about at-home medical devices and the adoption of remote patient care services are expected to support the pediatric medical devices market growth during the forecast period.
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.
By Geography
- North America
- Europe
- France
- Germany
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific (APAC)
- China
- India
- Japan
- Australia
- South Korea
- Rest of APAC
- Middle East and Africa (MEA)
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
- South and Central America (SCAM)
- Brazil
- Argentina
- Rest of SCAM
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