2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Major Innovations Are Driving the Accelerated Growth of the Pediatric Medical Devices Market?

The growing demand for minimally invasive pediatric surgical procedures is projected to propel the growth of the pediatric medical devices market. These procedures use smaller incisions, specialized instruments, and imaging to reduce trauma and improve recovery times. Advancements in technology have made these procedures safer and more precise. For instance, in March 2023, Washington University in St. Louis reported a rise in minimally invasive surgeries, with operating room cases increasing by 192 from 2021 to 2022. The demand for such procedures will drive the pediatric medical devices market.

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#What Long-Term Growth Rate is Expected for thePediatric Medical Devices Market Between 2025 and 2034?

The pediatric medical devices market has seen strong growth. It is projected to increase from $33.84 billion in 2024 to $36.69 billion in 2025, marking a CAGR of 8.4%. Growth in previous years was driven by increased awareness, infrastructure investment, population rise, governmental support, and expanded insurance coverage.

The pediatric medical devices market is projected to reach $50.19 billion by 2029, growing at a CAGR of 8.1%. This growth is driven by value-based care, manufacturing advancements, personalized solutions, home-based care, and collaborative innovation. Key trends include remote monitoring solutions, pediatric telemedicine, wearable devices, pediatric robotics, and AI integration in healthcare.

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What Are the Most Significant Market Trends Transforming thePediatric Medical Devices Market?

Companies in the pediatric medical devices market are creating orthopedic implants for pediatric patients, addressing musculoskeletal and congenital issues. For example, in March 2024, OrthoPediatrics Corporation launched the RESPONSE Rib and Pelvic Fixation system for Early Onset Scoliosis (EOS), providing versatile and precise solutions with features like low-profile designs and locking mechanisms.

What Are the Top Market Players Propelling the Growth of thePediatric Medical Devices Industry?

Major companies operating in the pediatric medical devices market are Cardinal Health Inc., Johnson & Johnson, Siemens AG, F. Hoffmann-La Roche Ltd., Abbott Laboratories, Medtronic plc, Siemens Healthineers, Koninklijke Philips N.V., Becton Dickinson and Company, Strykar Healthcare, GE HealthCare Technologies, Baxter International Inc., Boston Scientific Corporation, Zimmer Biomet Holdings Inc., Olympus Corporation, Terumo Corporation, Smith & Nephew plc, Hamilton Medical, Ningbo David Medical Device Co. Ltd., Phoenix Medical Systems Pvt Ltd., Fritz Stephan GmbH, Trimpeks, Atom Medical Corporation, Elektro-Mag, Novonate Inc.

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Which Primary Segments of the Pediatric Medical Devices Market Are Driving Growth and Industry Transformations?

The pediatric medical devices market covered in this report is segmented –

1) By Product: Cardiology Devices, In Vitro Diagnostic (IVD) Devices, Diagnostic Imaging Devices, Anesthesia And Respiratory Care Devices, Neonatal Intensive Care Unit (ICU) Devices, Other Products

2) By Age Group: Infants, Children, Adolescents

3) By End-User: Hospitals, Diagnostic Laboratories, Ambulatory Surgical Centers, Other End-Users

Subsegments:

1) By Cardiology Devices: Pediatric ECG Machines, Pediatric Defibrillators, Pediatric Pacemakers, Pediatric Stethoscopes

2) By In Vitro Diagnostic (IVD) Devices: Blood Glucose Monitoring Devices, Point-Of-Care Testing Devices, Molecular Diagnostic Devices, Immunoassay Analyzers

3) By Diagnostic Imaging Devices: Pediatric Ultrasound Machines, Pediatric X-Ray Machines, Pediatric MRI Machines, Pediatric CT Scanners

4) By Anesthesia And Respiratory Care Devices: Pediatric Ventilators, Pediatric Anesthesia Machines, CPAP Devices For Pediatrics, Oxygen Concentrators For Pediatrics

5) By Neonatal Intensive Care Unit (ICU) Devices: Neonatal Incubators, Neonatal Ventilators, Neonatal Monitoring Devices, Phototherapy Devices

6) By Other Products: Pediatric Surgical Instruments, Pediatric Infusion Pumps, Pediatric Monitoring Devices, Pediatric Rehabilitation Devices

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Which Regions Are Key Players in the Growth of the #What Major Innovations Are Driving the Accelerated Growth of the Pediatric Medical Devices Market?# Market?

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

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