Pediatric Ultrasound Market Trends Towards $565 Million | Grows at 4.7% CAGR

The pediatric ultrasound market, a cornerstone in pediatric diagnostics, is poised for substantial growth, with a current valuation of $349.0 million in 2020 expected to soar to $564.9 million by 2030, exhibiting a noteworthy Compound Annual Growth Rate (CAGR) of 4.7% from 2020 to 2030.


𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞: https://www.alliedmarketresearch.com/ultrasound-market


𝐊𝐞𝐲 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬:

The market's upward trajectory is driven by significant technological advancements in ultrasound devices, a surge in the prevalence and incidents of cardiac diseases, and a notable increase in ultrasound diagnostic imaging procedures, especially in the pediatric population. Notably, ultrasound procedures are preferred for children due to the absence of ionizing radiation exposure, ensuring the safety of infants' tender body tissues. The rise in cardiac diseases among adolescents, attributed to sedentary lifestyles, poor dietary habits, and smoking, further propels the demand for ultrasound systems in cardiology.

However, a major challenge hampering market growth is the global shortage of skilled and experienced sonographers.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬:

The pediatric ultrasound market is segmented by age group, including newborns, infants, toddlers, preschoolers, school-aged children, and adolescents. In 2020, the newborn segment accounted for the highest revenue, representing 27.6% of the total market. The use of ultrasound devices for cardiology examinations in adolescents dominated the market share, registering a CAGR of 5.6% during the forecast period.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲: https://www.alliedmarketresearch.com/request-sample/1713


𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

Geographically, Asia-Pacific led the market in 2020, attributed to advancements in healthcare infrastructure and increased expenditures in emerging markets such as India and China. The region's focus on overcoming unmet medical needs and technological advancements for cost-effective devices presents a lucrative growth opportunity.

𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

The major players shaping the pediatric ultrasound market include General Electric Company, Koninklijke Philips N.V., Siemens AG, Samsung Medison Co. Ltd., Altaris Capital Partner LLC, Esaote SpA, Fujifilm Corporation, Konica Minolta Inc., Mindray Medical International Limited, Samsung Electronics Co. Ltd., and Toshiba Corporation.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭:

The report provides an extensive analysis of current and emerging market trends and dynamics, offering insights into growth opportunities from 2020 to 2030.

In conclusion, the Pediatric Ultrasound Market's journey from $349.0 million to an estimated $564.9 million by 2030 is a testament to the pivotal role ultrasound plays in pediatric healthcare. As technological advancements continue to reshape the industry, the market is poised for a transformative decade ahead.


𝐔𝐩𝐝𝐚𝐭𝐞 𝐎𝐧 𝐃𝐞𝐦𝐚𝐧𝐝: https://www.alliedmarketresearch.com/request-for-customization/1713

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:

David Correa

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