Understanding Key Drivers and Growth Opportunities in the Pediatric Neurology Device Market: Trends and Market Size Insights
2025 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 Neurology Device Market?
The pediatric neurology devices market is predicted to grow with the escalating prevalence of autism in children. Autism, a developmental condition, hampers a person’s interaction and communication capabilities. Pediatric neurology devices are made to diagnose and treat kids with autism while enhancing their cognitive and behavioral symptoms, life quality, and social skills. To illustrate, in March 2023, data from the Autism and Developmental Disabilities Monitoring (ADDM) Network in the US, obtained by the Centers for Disease Control and Prevention (CDC), revealed that 2.8% (one in 36) 8-year-olds have been identified with autism spectrum disorder (ASD). The increase in autism cases among children is sparking growth in the pediatric neurology devices market. Pediatric Neurology Device Market Driver: Rising Pediatric Patient Population Fuels Growth in Pediatric Neurology Device Market
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#What Growth Opportunities Will Drive the Pediatric Neurology Device Market’s CAGR Through 2034?
In the past few years, there has been a significant expansion in the pediatric neurology device market. This market is projected to surge from $2.5 billion in 2024 to $2.67 billion in 2025, marking a compound annual growth rate (CAGR) of 7.0%. Factors contributing to the growth during the historic period include heightened awareness and early detection, government backing for pediatric healthcare, partnerships in pediatric neurological research, enhancements in pediatric healthcare framework, a rising count of pediatric neurological disorders, and patient advocacy together with support groups.
The market size of pediatric neurology devices is projected to witness significant expansion in the coming years, escalating to $3.34 billion in 2029 with a compound annual growth rate (CAGR) of 5.7%. This prospective growth during the forecast timeline can be credited to the worldwide focus on child health, the incorporation of personalized medicine, increased consciousness about early intervention, global child health policies, and global partnership in child healthcare. The major upcoming trends during this forecast period encompass enhancements in wearable neurological monitoring devices, the amalgamation of artificial intelligence into diagnostic tools, the creation of neuromodulation devices specifically for pediatrics, the enlargement of telehealth and remote monitoring solutions, the launch of neuroimaging technologies suitable for children, and concentration on non-invasive and barely invasive interventional methods.
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Which Cutting-Edge Market Trends Are Expected to Drive thePediatric Neurology Device Market’s Growth?
Leading companies in the pediatric neurology device market are innovating and launching novel products such as external trigeminal nerve stimulation devices. This strategic move aims to cater to a wider consumer demand, boost sales, and enhance profit margins. An external trigeminal nerve stimulation device is a non-intrusive therapeutic treatment that relies on a compact electronic device placed on the forehead for neuromodulation. An example of this is the Monarch external Trigeminal Nerve Stimulation (eTNS) System launched by NeuroSigma Inc., a US medical device company, in October 2022. The equipment is designed to benefit patients with attention-deficit/hyperactivity disorder (ADHD) aged 7 to 12, who are not currently on any medication. The system employs a unique approach where a small patch is affixed to the patient’s forehead while they sleep, sending a mild electric pulse to the trigeminal nerve. Clinical trials have shown that using the eTNS device resulted in a significant improvement in ADHD symptoms according to the ADHD Rating Scale (ADHD-RS) score, proving more effective than a placebo.
What Are the Leading Market Players Impacting thePediatric Neurology Device Market’s Growth Trend?
Major companies operating in the pediatric neurology device market report are Johnson & Johnson Co, Abbott Laboratories, Medtronic PLC, Fujifilm Holdings Corporation, Siemens Healthineers AG, Koninklijke Philips NV, Stryker Corporation, GE HealthCare Technologies Inc., Baxter International Inc., Boston Scientific Corporation, B. Braun Melsungen AG, Zimmer Biomet Holding Inc., Terumo Corporation, Inova Health System, Masimo Corporation, KARL STORZ SE & Co. KG, Nihon Kohden Corporation, Integra LifeSciences Holdings Corp., Elekta AB, LivaNova PLC, Natus Medical Incorporated, Allengers Medical Systems Limited, Compumedics Limited, Cadwell Industries Inc., Spiegelberg GmbH & Co. KG, Elana Inc.
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How Are the Key Segments of the Pediatric Neurology Device Market Driving Opportunities and Innovations?
The pediatric neurology device market covered in this report is segmented –
1) By Product Type: Neurostimulation Devices, Neurosurgery Devices, Interventional Neurology Devices, Cerebrospinal Fluid Management Devices, Other Types
2) By Condition: Stroke, Seizures, Hydrocephalus, Oncology, Other Conditions
3) By Service And Treatment: Electroencephalogram, Intrathecal Baclofen Therapy, Neurological Evaluations, Vagal Nerve Stimulation, Other Services And Treatments
4) By End User: Hospitals, Ambulatory Surgery Centers, Other End Users
Subsegments:
1) By Neurostimulation Devices: Deep Brain Stimulation (DBS) Devices, Transcranial Magnetic Stimulation (TMS) Devices, Vagus Nerve Stimulation (VNS) Devices, Spinal Cord Stimulation (SCS) Devices
2) By Neurosurgery Devices: Craniotomy Instruments, Surgical Navigation Systems, Brain Tumor Resection Devices, Endoscopic Neurosurgical Devices, Intracranial Pressure Monitoring Systems
3) By Interventional Neurology Devices: Catheters for Neurovascular Intervention, Neurovascular Stents, Embolization Devices, Thrombectomy Devices, Intracranial Aneurysm Coiling Systems
4) By Cerebrospinal Fluid Management Devices: Shunts ), External Ventricular Drainage Systems, Lumbar Drainage Systems
5) By Other Types: Pediatric EEG (Electroencephalogram) Devices, Pediatric MRI and CT Scanners, Pediatric Neurology Monitoring Systems, Neurodiagnostic Devices for Pediatrics
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What Regions Are At the Forefront of #What Drivers Are Shaping the Growth and Development of thePediatric Neurology Device Market?# Market Expansion?
North America was the largest region in the pediatric neurology device market in 2024. The regions covered in the pediatric neurology device market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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