Unlocking Opportunities in the Pediatric Imaging Market: Key Trends, Market Growth, and Forecast Insights
2385 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Drivers Are Shaping the Growth and Development of thePediatric Imaging Market?
The increase in pediatric ailments is expected to drive the pediatric imaging market. Pediatric imaging involves the use of advanced technologies to diagnose conditions in children. For example, the National Cancer Institute projected 14,910 new cancer diagnoses among children and adolescents in the U.S. in 2024. Therefore, the rise in pediatric ailments will propel the growth of the pediatric imaging market.
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#What Are the Key Projections for the CAGR of the Pediatric Imaging Market From 2025 to 2034?
The pediatric imaging market has experienced rapid growth. It will grow from $9.68 billion in 2024 to $10.65 billion in 2025, with a compound annual growth rate (CAGR) of 10.0%. This growth is driven by heightened awareness of childhood diseases, demand for early diagnosis, growth in the pediatric population, government initiatives, and pediatric radiology advancements.
The pediatric imaging market is expected to see rapid growth, reaching $15.73 billion by 2029 at a CAGR of 10.3%. This growth is driven by advancements in imaging equipment, AI in pediatric radiology, and improvements in 3D and 4D diagnostics. Trends include low-dose imaging, AI algorithms, child-friendly imaging environments, and enhanced parental involvement.
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Which Cutting-Edge Market Trends Are Expected to Drive thePediatric Imaging Market’s Growth?
Technological advancements are a key trend in the pediatric imaging market. Leading companies in this sector are focusing on developing advanced products to strengthen their market positions. For example, in July 2023, Eyas Medical Imaging, a US-based precision imaging company, announced the installation of the Ascent neonatal MRI system at a hospital. The Ascent uses a 3 Tesla (3T) magnet, which provides a higher magnetic field strength than previous neonatal MRI systems, enabling detailed imaging of vital organs like the brain, lungs, heart, and abdomen.
What Are the Leading Market Players Impacting thePediatric Imaging Market’s Growth Trend?
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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How Are the Key Segments of the Pediatric Imaging Market Driving Opportunities and Innovations?
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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What Regions Are At the Forefront of #What Drivers Are Shaping the Growth and Development of thePediatric Imaging Market?# Market Expansion?
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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