Steady Expansion Forecast for Pediatric Imaging Market, Projected to Reach $15.6 Billion by 2029

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Pediatric Imaging Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for pediatric imaging has seen significant expansion lately, projected to increase from a valuation of $9.68 billion in 2024 to $10.62 billion in 2025, reflecting a compound annual growth rate of 9.8%; this historical upward trend is largely driven by heightened consciousness surrounding ailments in children, a growing imperative for swift disease detection, an expanding demographic of young people, supportive governmental strategies aimed at child wellness, and the development of specialized pediatric focuses within the field of radiology.

Pediatric Imaging Market Size Forecast: What's the Projected Valuation by 2029?
Anticipation is for the pediatric imaging market to expand considerably over the coming years, projecting a valuation of 15.6 billion USD by 2029, driven by a compound annual growth rate (CAGR) of 10.1%; this upward trajectory is fueled by advancements such as smaller and more mobile imaging devices, the integration of artificial intelligence and machine learning within pediatric radiology, the utilization of three-dimensional and four-dimensional imaging modalities to enhance diagnostic precision, the proliferation of telemedicine services tailored for children, and improvements in the efficiency of pediatric imaging workflows, while prevailing trends set to shape this period encompass the adoption of low-dose imaging methods, the development of AI algorithms specifically designed for pediatric cases, the establishment of less intimidating settings for young patients undergoing imaging procedures, increased participation from parents during these processes, and the implementation of standardized metrics for assessing the quality of pediatric imaging.

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What Are the Drivers Transforming the Pediatric Imaging Market?
Anticipation of an increase in childhood illnesses is projected to fuel the expansion of the pediatric imaging sector moving ahead; this modality involves employing sophisticated apparatus like ultrasound, computed tomography, radiography, and comparable systems to scan and diagnose younger demographic patients, thereby detecting bodily irregularities in youngsters and facilitating the formulation of appropriate treatment regimens. In the realm of pediatric nuclear medicine, imaging serves a crucial role in pinpointing potentially fatal pediatric conditions, whether they stem from congenital origins, infections, non-infectious causes, or a combination thereof, such as malignancies; illustrating this necessity, data from the National Cancer Institute, an entity under the US Department of Health and Human Services, indicated in August 2024 that approximately 14,910 individuals aged up to 19 in the United States would receive a cancer diagnosis in 2024, sadly leading to 1,590 fatalities, where 9,620 diagnoses and 1,040 deaths would occur in the 0 to 14 age bracket, and 5,290 diagnoses coupled with 550 deaths within the 15 to 19 age group, thus confirming that the growing prevalence of pediatric health issues is the primary catalyst for the expansion observed in the pediatric imaging market.

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What Long-Term Trends Will Define the Future of the Pediatric Imaging Market?
A dominant theme characterizing the pediatric imaging market involves the continuous pursuit of technological progress, with leading firms in this sphere concentrating efforts on innovating sophisticated devices to bolster their standing. As an illustration of this trend, in July of 2023, Eyas Medical Imaging, a precision imaging specialist located in the US, successfully implemented the Ascent, their novel Magnetic Resonance Imaging (MRI) system designed for neonates, at a medical facility. This Ascent system incorporates a 3 Tesla (3T) magnet, an intensity level in the magnetic field previously unachievable for MRI equipment dedicated to newborns, thereby furnishing clinicians with an imaging methodology offering greater detail and accuracy across critical areas such as the brain, pulmonary system, cardiac structures, and the abdominal region.

Which Segments in the Pediatric Imaging Market Offer the Most Profit Potential?
The pediatric imagingmarket covered in this report is segmented -

1) By Modality: Ultrasound; Magnetic Resonance Imaging (MRI); Computed Tomography (CT); X-ray; Other Modalities
2) By Application: Orthopedics; Gastroenterology; Cardiology; Oncology; Neurology; Other Applications
3) By End-User: Hospitals; Diagnostic Centers; Other End-Users

Subsegments:
1) By Ultrasound: 2D Ultrasound; 3D Ultrasound; Doppler Ultrasound
2) By Magnetic Resonance Imaging (MRI): Open MRI; Closed MRI; Functional MRI (fMRI)
3) By Computed Tomography (CT): Standard CT; Low-Dose CT; CT Angiography
4) By X-ray: Digital X-ray; Conventional X-ray; Fluoroscopy
5) By Other Modalities: Nuclear Medicine; Positron Emission Tomography (PET); Single Photon Emission Computed Tomography (SPECT)

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Which Firms Dominate the Pediatric Imaging Market by Market Share and Revenue in 2025?
Major companies operating in the pediatric imaging market include Agfa-Gevaert NV, Analogic Corporation, CAN-med Healthcare, Canon Inc., Eastman Kodak Company, EDM Imaging Solutions, EOS imaging, Esaote SpA, FUJIFILM Holdings Corporation, Hitachi Medical Corporation, KARL STORZ Group, Koninklijke Philips N.V, LMT Medical Systems GmbH, Maranda Lauzon Inc., Medtronic plc, Mindray Medical International Limited, Samsung Medison Co. Ltd, Shenzhen Anke High-tech Co. Ltd, Siemens Healthcare GmbH, SternMed GmbH, Toshiba Medical Systems Corporation, Trivitron Healthcare Pvt. Ltd., Xi'an Mol Technology development Co., BK Medical UK Ltd., Boston Children's Hospital, Children's Healthcare of Atlanta Inc., Children's National Hospital, Cincinnati Children's Hospital Medical Center, Clarius Mobile Health Corp., CurveBeam AI Ltd., General Electric Company, Hologic Inc., InnoVision Ltd., Mednax Inc.

Which Regions Offer the Highest Growth Potential in the Pediatric Imaging Market?
North America was the largest region in the pediatric imaging market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pediatric imaging market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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