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Pediatric Healthcare Market 2018 | International Top Players Revenue and Shares | Expected To Grow at Rapid Pace by 2023

02-02-2018 03:47 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Market Research Future

Market Research Future

Technological advancement and government initiatives to improve healthcare sector are driving the growth for pediatric healthcare in Middle East and Africa. Market for pediatric healthcare in Middle East and Africa was about US$ 48 billion in 2016 and expected to reach US$ 63.6 billion by 2023 at CAGR of 4.1%.

Pediatrics is a branch of medicine which deals with diagnosis and treatment of diseases related to pediatric group. It can be classified into the four categories namely neonates (from birth till the first 28 days of life), infants (29 days to 2 years), children (2 years to 12 years) and adolescents (12 years to 18 years). Pediatrician is a medical professional who specializes in providing treating the pediatric group. Pediatric medical devices are devices used for the treatment and care of infants and children below 18 years having some healthcare issues.

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Demand for pediatric medical devices is increasing due to high incidence of chronic illnesses among children, high premature birth rate, increasing birth defects among new born, and rising awareness regarding disease conditions among children. Malnutrition among children prevalent in under developed parts of the world is also a major driver of this market. Global Pediatric medical device market is expected to grow at a CAGR of 10.5% during forecast period 2017 to 2023.

Middle East and Africa Pediatric healthcare Market has been segmented on the basis of type of diseases which comprise Short term diseases, chronic diseases, and others. On the basis of Therapeutics which comprise cardiology, allergy and immunology, gastroenterology, infectious disease, and others. On the basis of treatment it segmented into medication, surgery and others.

Some of the key players in this market are:

Novartis AG (Switzerland),

AstraZeneca (UK),

Janssen Global Services,

LLC (Belgium),

Eli Lilly and Company (US),

Bristol-Myers Squibb Company (US),

AMMT (Dubai),

King Faisal Specialist Hospital and Research Centre (Saudi Arabia),

VPS Healthcare (UAE),

Others

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World Major Regional Analysis of Pediatric healthcare Market:

Considering the scenario of the Middle East and Africa market, UAE region is believed to be the largest market for Middle-East and Africa Pediatric healthcare. Moreover, Saudi Arabia market is also growing and second largest market for pediatric healthcare. On the other hand, Egypt market is expected to grow at the steady pace in the Middle-East and Pediatric healthcare during the forecasted period. Rest of the Middle East and Africa region is likely to have a limited but steady growth in the market.

Major TOC of Pediatric Healthcare Market:

Report Prologue

2. Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

2.3 Market Structure

2.4. Market Segmentation

3. Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

….Continued

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