Discover trends, market shifts, and competitive outlooks for the pediatric imaging industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

How Fast Is The Pediatric Imaging Market Expected to Grow Between 2025 And 2029?

In recent times, there has been a swift expansion in the pediatric imaging market. It is projected to surge from $9.68 billion in 2024 to $10.65 billion in 2025, posting a compound annual growth rate (CAGR) of 10.0%. Factors fueling growth during the historic period include heightened awareness about child health issues, surging demand for preliminary diagnosis, a rise in the pediatric populace, government-led initiatives promoting child healthcare, and sub-specialization in radiology for pediatrics.

Rapid expansion is anticipated in the pediatric imaging market in the coming years, with the market size predicted to reach $15.73 billion by 2029, growing at a compound annual growth rate (CAGR) of 10.3%. This expected growth during the forecast period can be linked to the miniaturization and portability of imaging gadgets, the incorporation of ai and machine learning in pediatric radiology, and the use of 3D and 4D imaging for improved diagnosis. The rise in pediatric telemedicine and optimization of pediatric imaging workflow also contribute to this prediction. Burgeoning trends during this forecast period encompass low-dose imaging methods, pediatric-centric ai algorithms, kid-friendly imaging settings, the inclusion of parents in pediatric imaging, and metrics for pediatric imaging quality.

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What Are the Major Market Drivers Behind the Rising Adoption of Pediatric Imaging Market?

An increase in pediatric diseases among children is predicted to boost the pediatric imaging market’s expansion. Pediatric imaging involves using innovative technologies such as ultrasound, CT scan, and X-ray to examine and diagnose the health of younger individuals. These tools assist in detecting any children’s body irregularities and formulate a suitable treatment strategy. Pediatric nuclear medicine imaging is particularly crucial in identifying severe conditions in children, be it congenital, infectious, non-infectious, or a combination of these, including cancer. For example, in August 2024, the National Cancer Institute of the US Department of Health and Human Services reported an expected 14,910 cancer cases and 1,590 deaths in the category of children and adolescents aged 0 to 19 in America. Out of these, 9,620 diagnoses and 1,040 fatalities will be within the 0 to 14 children’s category, while 5,290 diagnoses and 550 deaths will be experienced by adolescents aged 15 to 19. Consequently, the growth in pediatric diseases among children is catalyzing the expansion of the pediatric imaging market.

Which Key Market Segments Comprise the Pediatric Imaging Market and Drive Its Revenue Growth?

The pediatric imaging market 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)

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Which Areas Are Leading Regions in the Pediatric Imaging Market Expansion Across the Globe?

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.

What Are the Strategic Trends Steering thePediatric Imaging Market Direction?

Companies in the pediatric imaging market are adopting technological advancement as their main strategy. Major players in this sector are aiming to enhance their market dominance by launching cutting-edge products. For instance, in July 2023, Eyas Medical Imaging, a precision imaging company based in the US, introduced its neonatal Magnetic Resonance Imaging (MRI) system – the Ascent in a hospital setup. What’s unique about the Ascent is its 3 Tesla (3T) magnet; a feature not found in any previous neonatal MRI system. Due to the 3T magnet, the system creates a detailed image of vital organs, including the brain, heart, lungs, and abdomen, thus offering a more thorough and precise diagnostic tool for medical professionals.

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How Is the Pediatric Imaging Market Conceptually Defined?

Pediatric imaging is a non-invasive, cutting-edge technology that scans children’s health conditions in order to provide an effective treatment plan and anticipate a child’s health risk in the earliest stages of life in order to prevent medical issues in the adolescent period.

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