What Does Global Pediatric Imaging Market Size and Growth Forecast Reveal?
The pediatric imaging market size has seen an attractive growth recently, escalating from $9.68 billion in 2024 to an estimated $10.65 billion in 2025 with a compound annual growth rate (CAGR) of 10.0%. This growth can be credited to increased awareness of childhood diseases, the rising demand for early diagnosis, growth in the pediatric population and government initiatives focused on child healthcare. The pediatric imaging market is anticipated to grow even further to $15.73 billion in 2029 at a CAGR of 10.3%. Key factors driving this growth include the miniaturization and portability of imaging equipment, integration of AI and machine learning in pediatric radiology, and the use of 3D and 4D imaging for enhanced diagnostics.
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What Drives the Booming Pediatric Imaging Market?
The rise in the number of pediatric ailments among children is a key driver propelling the growth of the pediatric imaging market. For instance, in 2024 the National Cancer Institute, a US Department of Health and Human Services, estimated that 14,910 children and adolescents aged 0 to 19 in the US will be diagnosed with cancer. As pediatric imaging is used to predict abnormalities in children’s bodies and prepare an effective treatment plan, this increase in health complications fuels the demand for pediatric imaging.
What Are The Major Segments Of The Pediatric Imaging Market?
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
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Who Are The Key Players In The Pediatric Imaging Market?
Major players in the pediatric imaging market comprise 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.
What Strategic Trends Are Emerging In The Pediatric Imaging Market?
The key trend witnessed in the pediatric imaging market is advancements in technology. For instance, in July 2023, US-based Eyas Medical Imaging announced the installation of the first neonatal Magnetic Resonance Imaging (MRI) system, the Ascent, at a hospital. The Ascent uses a 3 Tesla (3T) magnet which provides a detailed and comprehensive diagnostic tool.
Which Region Holds The Largest Market Share In The Pediatric Imaging Market?
In 2024, North America was the dominant region in the pediatric imaging market. However, Asia-Pacific is expected to experience the fastest growth in the forecast period.
What Does The Pediatric Imaging Market Report 2025 Offer?
Pediatric imaging is a pioneering, non-invasive technology that scans children’s health conditions to provide an effective treatment plan and anticipates a child’s health risk at early stages of life to prevent medical issues in the adolescent period. The Pediatric Imaging Market research report from The Business Research Company provides global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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