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Pediatric Medical Devices Market Insights 2025-2034: Growth Forecast and Strategic Priorities

08-08-2025 08:10 AM CET | Health & Medicine

Press release from: The Business Research Company

Pediatric Medical Devices Market

Pediatric Medical Devices Market

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Pediatric Medical Devices Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of pediatric medical devices has seen robust growth in recent years. It is set to expand from a value of $33.84 billion in 2024 to $36.69 billion in 2025, corresponding to a compound annual growth rate (CAGR) of 8.4%. This growth through the historic period is likely due to factors such as increasing awareness, surge in infrastructure investment, population growth, government-led initiatives, and the expansion of insurance coverage.

Pediatric Medical Devices Market Size Forecast: What's the Projected Valuation by 2029?
The market for pediatric medical devices is anticipated to undergo substantial growth in the upcoming years. Its valuation is projected to reach $50.19 billion by 2029, growing at a compound annual growth rate (CAGR) of 8.1%. This growth during the forecasted period can be credited to factors such as value-focused care models, improved manufacturing techniques, tailor-made solutions, emphasis on home-based care, and collaborative advancements. Key trends expected during this period consist of remote health monitoring systems, telemedical services for children, wearable health gadgets for minors, surgical pediatric robotics, and the incorporation of artificial intelligence into child healthcare.

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What Are the Drivers Transforming the Pediatric Medical Devices Market?
The pediatric medical devices market is anticipated to see significant growth due to the increasing preference for minimally invasive surgical procedures in pediatrics. These procedures, involving small cuts or natural body openings, along with particular instruments and imaging technology, are used for diagnosing, managing, or treating pediatric health conditions. They result in less trauma and rapid recovery compared to conventional open surgeries. The surge in demand for these minimally invasive procedures has been spurred by technological advancements, enhancing safety and precision, and reducing post-operative issues. Pediatric medical devices play a crucial role by providing exact access, visualization, and manipulation of pediatric anatomy through small cuts, ensuring secure and effective treatment whilst minimizing trauma to other tissues. For instance, Washington University in St. Louis confirmed in March 2023 that operating room cases for these less invasive surgeries saw a rise from 2,208 in 2021 to 2,400 in 2022, marking an increase of 192 cases within a year. Hence, the increasing preference for minimally invasive pediatric surgical procedures is fueling the growth of the pediatric medical devices market.

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What Long-Term Trends Will Define the Future of the Pediatric Medical Devices Market?
Leading companies in the pediatric medical devices market are innovating orthopedic implants to cater to the distinctive healthcare requirements of pediatric patients, which stretch from musculoskeletal disorders to innate abnormalities. Orthopedic implants are healthcare devices deployed to substitute or reinforce injured or absent bone or joint structures within the musculoskeletal system. For instance, in March 2024, OrthoPediatrics Corporation, an American medical device firm, rolled out the RESPONSE Rib and Pelvic Fixation system specifically designed for pediatric patients suffering from Early Onset Scoliosis (EOS). This all-inclusive system encompasses implants, tools, and connection devices, offering surgeons a multipurpose resolution for rib and pelvic fixation, including alternatives for patients prone to Thoracic Insufficiency Syndrome. The system boasts of a variety of implant choices, unobtrusive designs, and locking mechanisms, thus enhancing the precision and adaptability in managing EOS cases.

Which Segments in the Pediatric Medical Devices Market Offer the Most Profit Potential?
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 Firms Dominate the Pediatric Medical Devices Market by Market Share and Revenue in 2025?
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.

Which Regions Offer the Highest Growth Potential in the Pediatric Medical Devices 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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