Pediatric Imaging Market Size and Growth Forecast for Businesses 2025–2029

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What Are The Growth Projections For The Pediatric Imaging Market Size During 2025–2029?

The pediatric imaging market size has experienced substantial expansion in recent years. It is forecast to grow from $9.68 billion in 2024 to $10.62 billion in 2025, recording a compound annual growth rate (CAGR) of 9.8%. The historical growth in this market can be linked to increased awareness of childhood diseases, a rising demand for early diagnosis, an expanding pediatric population, government initiatives aimed at child healthcare, and the emergence of pediatric sub-specialization in radiology.

The pediatric imaging market is poised for significant growth in the coming years, projected to reach “$15.6 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 10.1%.” This expansion is fueled by factors such as the increasing miniaturization and portability of imaging equipment, the application of AI and machine learning in pediatric radiology, the utilization of 3D and 4D imaging for improved diagnostics, the rise of pediatric telemedicine, and enhanced pediatric imaging workflow optimization. Notable trends expected during this forecast period include the adoption of low-dose imaging techniques, the development of pediatric-focused AI algorithms, the creation of child-friendly imaging environments, greater parental involvement in pediatric imaging, and a focus on pediatric imaging quality metrics.

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Which Drivers Are Shaping The Pediatric Imaging Industry’s Market Share?

The growing incidence of pediatric ailments among children is anticipated to drive the expansion of the pediatric imaging market moving forward. Pediatric imaging involves the scanning and diagnosis of patients in younger age groups, employing advanced technologies such as ultrasound, CT scan, X-ray, and others, to identify any abnormalities in children’s bodies and formulate effective treatment plans. Imaging in pediatric nuclear medicine serves to detect life-threatening conditions in children that may be congenital, infectious, non-infectious, or a combination, such as cancer. For instance, in August 2024, According to the National Cancer Institute, a US Department of Health and Human Services, In the United States, an estimated 14,910 children and adolescents aged 0 to 19 will be diagnosed with cancer in 2024, resulting in 1,590 deaths, with 9,620 diagnoses and 1,040 deaths among children aged 0 to 14, and 5,290 diagnoses and 550 deaths among adolescents aged 15 to 19. Thus, the increasing number of pediatric health issues among children is propelling the growth of the pediatric imaging market.

What Are The Emerging Segments Gaining Attention In The Pediatric Imaging Market?

The pediatric imagingmarket covered in this report is segmented –

1) By Modality: Ultrasound; Magnetic Resonance Imaging (MRI); Computed Tomography (CT); X-ray; Other Modalities

2) By Application: Orthopedics; Gastroenterology; Cardiology; Oncology; Neurology; Other Applications

3) By End-User: Hospitals; Diagnostic Centers; Other End-Users

Subsegments:

1) By Ultrasound: 2D Ultrasound; 3D Ultrasound; Doppler Ultrasound

2) By Magnetic Resonance Imaging (MRI): Open MRI; Closed MRI; Functional MRI (fMRI)

3) By Computed Tomography (CT): Standard CT; Low-Dose CT; CT Angiography

4) By X-ray: Digital X-ray; Conventional X-ray; Fluoroscopy

5) By Other Modalities: Nuclear Medicine; Positron Emission Tomography (PET); Single Photon Emission Computed Tomography (SPECT)

What Trends Are Expected To Drive The Pediatric Imaging Market?

A primary trend observed among companies within the pediatric imaging market is technological advancement. Major entities operating in the pediatric imaging sector are dedicated to developing cutting-edge products to solidify their standing in the market. For instance, in July 2023, Eyas Medical Imaging, a US-based precision imaging company, announced the first installation of its neonatal Magnetic Resonance Imaging (MRI) system, the Ascent, at a hospital. The Ascent system utilizes a 3 Tesla (3T) magnet, offering a magnetic field strength previously unavailable in MRI systems for neonates. This 3T magnet allows for a more comprehensive and accurate diagnostic tool, providing healthcare professionals with detailed images of essential organs, including the brain, lungs, heart, and abdomen.

Who Are The Primary Competitors In The Global Pediatric Imaging Market?

Major companies operating in the pediatric imaging market include Agfa-Gevaert NV, Analogic Corporation, CAN-med Healthcare, Canon Inc., Eastman Kodak Company, EDM Imaging Solutions, EOS imaging, Esaote SpA, FUJIFILM Holdings Corporation, Hitachi Medical Corporation, KARL STORZ Group, Koninklijke Philips N.V, LMT Medical Systems GmbH, Maranda Lauzon Inc., Medtronic plc, Mindray Medical International Limited, Samsung Medison Co. Ltd, Shenzhen Anke High-tech Co. Ltd, Siemens Healthcare GmbH, SternMed GmbH, Toshiba Medical Systems Corporation, Trivitron Healthcare Pvt. Ltd., Xi’an Mol Technology development Co., BK Medical UK Ltd., Boston Children’s Hospital, Children’s Healthcare of Atlanta Inc., Children’s National Hospital, Cincinnati Children’s Hospital Medical Center, Clarius Mobile Health Corp., CurveBeam AI Ltd., General Electric Company, Hologic Inc., InnoVision Ltd., Mednax Inc.

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Which Global Regions Are Influencing The Competitive Landscape Of The Pediatric Imaging Market?

North America was the largest region in the pediatric imaging market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pediatric imaging market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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