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"Pediatric Medical Devices Market"
The International Market Report for Pediatric Medical Devices results in an expected growth of the best CAGR players of 10.5% over the 2018-2023 forecast period. Based on the type of devices that includes baby corks, baby incubators, bile lamps, hearing aids for newborns, baby warmers and others
Global Market for Pediatric Medical Devices – Competitive Analysis
Characterized by the presence of several and small players, the global market for pediatric medical devices appears to be highly competitive and fragmented. With a well-established market in North America and Europe, large companies have their home in the regions and generating a maximum market share. These companies have also expanded their operating unit in various other emerging regions. In addition, other small and medium-sized players generate revenue in the local market.
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Medtronic is one of the world's leading provider of healthcare solutions, involved in improving the lives of individuals through its technologies, services and medical solutions. Medtronic in January 2015, announced the acquisition of Covidien. With this acquisition, the company will improve its medical product. Covidient includes a variety of pediatric medical devices such as pediatric sampling devices, pediatric urology accessories, pediatric latex catheters and various others. These products will further increase Medtronic's revenues.
Additionally, in October 2016, Medtronic is the first company to obtain approval for its line of devices for heart rate and heart failure, which can be scanned into 3 Tesla (T) devices. 39, magnetic resonance imaging (MRI). This development provides patients with Medtronic implantable cardiac defibrillators (ICDs), SureScan MR conditional cardiac pacemakers and cardiac resynchronization defibrillators (CRT-Ds) and access to MRIs on any device. part of the body
Market – Main Actors
The main players in the market for pediatric medical devices are
- Abbott (United States)
- General Electric Company (United States)
- Johnson & Johnson Private Limited (United States)
- Medtronic (Ireland) [19659011] Siemens AG (Germany)
- Koninklijke Philips NV (Netherlands)
- Novamed (United States)
- Phoenix Medical Systems United States (19659011) Phoenix Medical Systems (India)
- Pega Medical (United States)
The Global Market for Pediatric Medical Devices – Highlights
Pediatrics is a branch of medicine that has taken up eg diagnosis and treatment of pediatric group-related diseases. It can be clbadified into the following four categories: newborns (from birth up to the first 28 days of life), infants (29 days to 2 years), children (2 to 12 years) and adolescents (from 12 to 18 years old). Pediatrician is a health professional who specializes in treating the pediatric group. The global market for pediatric medical devices is expected to grow at a CAGR of about 10.5% during the 2017-2023 forecast period.
Pediatric medical devices are used for the treatment and care of infants and children under 18 years of age with health problems. Many pediatric medical devices are specially designed and developed for children, but in some cases adult devices are also used. The pediatric medical device market is experiencing considerable growth due to the increasing incidence of childhood diseases, the increase in the number of children of childbearing age, the increasing number of children with chronic heart disease and the growing number of hospitals and pediatric clinics. by the regulator also supported the market growth. For example, to support the development and availability of safe and effective pediatric medical devices, the FDA has taken initiatives such as those that collaborate with the Institute of Medicine for effective post-marketing surveillance of devices. pediatric medical. Due to the lack of important biocompatibility and safety criteria for medical devices have restricted the growth of the pediatric medical device market. In addition, the other major restriction for the market is the design of pediatric devices compatible with pediatric care.
Pediatric Medical Devices Market – Segmentation
The Global Market for Pediatric Medical Devices has been Segmented Type of Devices Comprising Baby Caps, Infant Incubators, Biliary Lamps, Hearing Screening Devices neonates, baby warmers, cranial orthoses, interauricular communication occlusions, cerebrospinal fluid shunts, etc. Other devices include the pulse oximeter for infants and the automated external defibrillator. Based on end users, the market is segmented into hospitals, pediatric clinics and others
Pediatric Medical Device Market – Regional Analysis
Overall, the market for pediatric medical devices comprises four regions Americas, Europe, Asia Pacific and Middle East and Africa. America is the largest market of pediatric medical devices market, whose growth is attributed to the availability of a wide range of pediatric medical devices, with the increase in age at women and the high incidence of chronic diseases in children. Europe is the second largest market because of the high prevalence of obesity and other disorders in children as well as the availability of funds for research and development activities in care health. The Asia-Pacific region is showing steady but positive growth as a result of growing awareness of children's health among women and the growing demand for pediatric medical devices. The Middle East and Africa are expected to experience strong growth in this market due to the high prevalence of child malnutrition and government initiatives to address it.
Some of the major market studies for pediatric medical devices 19659031] 1. Prologue Report
2. Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Objective of Research
2.2.2 Assumptions
2.2.3 Limitations
2.3 Market Structure
] 2.4. Segmentation of the market
3. Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Estimation of Market Size
3.5 Prediction Model
4. Market Dynamics
… .Continued
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