Driving Pediatric Medical Devices Market Growth in 2025: The Role of Surging Demand For Minimally Invasive Pediatric Surgical Procedures Fuels Growth In The Pediatric Medical Devices Market

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Pediatric Medical Devices Market Size Growth Forecast: What to Expect by 2025?
The market size for pediatric medical devices has seen significant expansion in the past few years. It is projected to elevate from a value of $33.84 billion in 2024 to a sum of $36.42 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.6%. The substantial growth during this historic period can be ascribed to various factors such as enhanced awareness, escalated investments in infrastructure, population expansion, government schemes, and the broadening scope of insurance coverage.

How Will the Pediatric Medical Devices Market Size Evolve and Grow by 2029?
Expectations are high for robust growth in the pediatric medical devices market in the upcoming years. By 2029, it is predicted to reach a market size of $48.88 billion, with a compound annual growth rate (CAGR) of 7.6%. Factors contributing to this predicted growth during the forecast period include advancements in value-based care models, improvements in manufacturing procedures, an increased emphasis on personalized and home-based care solutions, and cooperative innovation. The forecast period is also set to witness major trends like remote monitoring technologies for children's health, pediatric telemedicine services, wearable health gadgets for kids, the use of robotics in pediatric surgeries, and the incorporation of Artificial Intelligence in pediatric health care.

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What Drivers Are Propelling the Growth of Pediatric Medical Devices Market Forward?
The pediatric medical devices market is poised to expand due to the increasing preference for minimally invasive surgical procedures in pediatrics. Such procedures use small cuts or natural body openings, along with enhanced tools and imaging technology, to assess, manage, or treat children's health issues. These procedures, compared to traditional open surgeries, have lesser trauma and faster recovery periods. Progress in technology that allows safer, more accurate interventions with fewer post-operative complications is fueling this rising demand. Pediatric medical devices come into play in these minimally invasive procedures by allowing exact entry, sight, and handling of pediatric anatomy via micro incisions, and in turn, providing a safe and successful treatment of pediatric conditions causing minimal injury to surrounding tissues. For instance, based on data from Washington University in St. Louis, a private US university, saw the number of minimally invasive surgery operating room cases rise from 2,208 in 2021 to 2,400 in 2022, indicating an increase of 192 cases in just one year. Therefore, the rising preference for minimally invasive pediatric surgical procedures is stimulating the expansion of the pediatric medical devices market.

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What Trends Will Shape the Pediatric Medical Devices Market Through 2029 and Beyond?
Major companies in the pediatric medical devices market are innovating orthopedic implants to cater to the special healthcare requirements of pediatric patients, covering everything from musculoskeletal conditions to congenital abnormalities. Orthopedic implants serve as medical devices that substitute or support injured or absent bone or joint structures in the musculoskeletal system. For example, in March 2024, OrthoPediatrics Corporation, an American medical device firm, unveiled the RESPONSE Rib and Pelvic Fixation system, specifically designed for pediatric patients struggling with Early Onset Scoliosis (EOS). This complete system consists of implants, tools, and connection devices, offering surgeons a flexible solution for rib and pelvic fixation, and even potential options for patients threatened by Thoracic Insufficiency Syndrome. With features like an array of implant options, low-profile designs, and locking mechanisms, this system heightens accuracy and versatility in handling EOS cases.

What Are the Key Segments in the Pediatric Medical Devices Market?
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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Who Are the Key Players Shaping the Pediatric Medical Devices Market's Competitive Landscape?
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.

What Geographic Markets Are Powering Growth 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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