Healthcare

Pediatric Radiology Global Market 2024 – By Size, Share, Trends, Demand, Forecast To 2033 | Samsung Electronics Co. Ltd., Hitachi Ltd., Siemens AG

The pediatric radiology market size is expected to see strong growth in the next few years. It will grow to $7.47 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%.  The growth in the forecast period can be attributed to the integration of artificial intelligence (AI), telemedicine and remote imaging, personalized medicine and precision imaging, the shift towards value-based healthcare, and innovations in emerging markets. Major trends in the forecast period include advancements in pediatric-specific imaging techniques, integration of artificial intelligence (AI) and machine learning, expansion of point-of-care imaging, remote monitoring and telemedicine solutions, and emphasis on patient-centered care and family-centered imaging.

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Segmentation & Regional Insights
The pediatric radiology market covered in this report is segmented –

1) By Product Type: Ultrasound, Magnetic Resonance Imaging (MRI), X-Ray, Computed Tomography Scanner, Other Product Types
2) By Modality: Standalone Devices, Table-Top Devices, Portable Devices
3) By Application: Oncology, Orthopedics, Cardiology, Other Applications
4) By End-User: Hospitals, Pediatric Clinics, Diagnostic Centers, Other End-Users

North America was the largest region in the pediatric radiology market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pediatric radiology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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Major Driver Impacting Market Growth
The increasing prevalence of chronic pediatric conditions is expected to propel the growth of the pediatric radiology market going forward. Chronic pediatric conditions are long-term health issues that affect children and adolescents, persisting for a year or more and requiring ongoing medical attention or limiting daily activities. Chronic pediatric conditions are rising due to a combination of genetic predisposition, environmental factors, and lifestyle changes. Pediatric radiology is used in chronic pediatric conditions to diagnose, monitor, and manage long-term health issues through imaging techniques such as X-rays, MRI, and CT scans, providing critical information for effective treatment and care. For instance, in September 2022, according to the National Health Service, a UK-based government department, hospital admissions for children with asthma in England and Wales surged by 149% between 2021 and 2022. The number of children admitted with asthma symptoms rose to 19,506, compared to 7,850 during the 2020–2021 period. Therefore, the increasing prevalence of chronic pediatric conditions is driving the growth of the pediatric radiology market.

Key Industry Players
Major companies operating in the pediatric radiology market are Samsung Electronics Co. Ltd., Hitachi Ltd., Siemens AG, General Electric Company, Toshiba Corporation, Fujifilm Holdings Corporation, Koninklijke Philips N.V., Agilent Technologies Inc., Hologic Inc., Shimadzu Corporation, Varian Medical Systems Inc., Cook Medical Inc., Agfa-Gevaert N.V., Neusoft Corp, Carestream Health Inc., Shanghai United Imaging Healthcare Co. Ltd, NuVasive Inc., Esaote S.p.A., Canon Medical Systems Corporation, OrthoPediatrics Corporation, Ziehm Imaging GmBH, Shenzhen Landwind Industry Co., DMS Imaging SA, Allengers Medical Systems Ltd., Mindray Medical International Ltd

The pediatric radiology market report table of contents includes:
1. Executive Summary
2. Pediatric Radiology Market Characteristics
3. Pediatric Radiology Market Trends And Strategies
4. Pediatric Radiology Market – Macro Economic Scenario
5. Global Pediatric Radiology Market Size and Growth
………………………..
32. Global Pediatric Radiology Market Competitive Benchmarking
33. Global Pediatric Radiology Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Pediatric Radiology Market
35. Pediatric Radiology Market Future Outlook and Potential Analysis
36. Appendix

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