Global Pediatric Imaging Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029

Global Pediatric Imaging Market Overview:

“The global Pediatric Imaging Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

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Pediatric Imaging encompasses all the tests and examinations carried out on children, meant for the diagnosis and treatment purposes. This includes x-rays, Memory Resonance Imaging (MRI) scans, Computerized Tomography (CT) scans, ultrasound, etc.

Dynamics:

The surging demand for advanced healthcare practices in pediatric care, an increase in the number of government and private group initiatives to raise awareness, an increase in the number of surgical procedures, and a greater number of novel pediatric imaging techniques are some of the major factors that are expected to have a significant impact on the revenue growth of the global pediatric imaging market in the years to come.

Additionally, increased focus on strategic collaborations, and surging investments towards the development of new products by industry players are also expected to impact market growth in the near future. Furthermore, the rise in the number of premature deaths, the high demand for effective preventive care and imaging solutions, as well as the increasing incidence of pediatric diseases are also expected to play a role in the revenue growth of the global pediatric imaging market in the foreseeable future.

Segmentation of the global pediatric imaging market is as follows:

In terms of modality, the MRI segment accounted for the majority revenue share of the global market in 2019, due to technological advancements, and its increasing demand in hospitals and other medical facilities. The ultrasound segment, followed in second-place, and is expected to generate considerable revenue over the next 10 years.

On the basis of application, the orthopedics/trauma segment accounted for the highest number of revenue shares of the global pediatric imaging market in 2019, owing to an increase in the number of juvenile arthritis and other bone defect cases. Although, the gastroenterology segment is expected to expand considerably in the years to come.

With respect to end-user, the hospitals segment accounted for the largest revenue share of the global market, and is expected to continue to do so over the next 10 years. The diagnostic centers segment is projected to expand at a significant rate of revenue growth over the forecast period owing to affordable imaging solutions.

Regional Segmentation and Analysis:

North America accounted for the majority revenue share of the global pediatric imaging market in 2019, owing to increasing R&D efforts and innovations, as well as favorable reimbursement policies. The APAC region is expected to register a significant rate of growth in the near future due to the rising prevalence of pediatric diseases, the increasing penetration of market players in emerging economies, as well as favorable government policies.

Segmentation of the Global Pediatric Imaging Market:

Segmentation by Modality:

• Ultrasound
• Magnetic Resonance Imaging (MRI)
• Computed Tomography (CT)
• X-ray
• Others

Segmentation by Application:

• Oncology
• Cardiology
• Orthopedics/Trauma
• Gastroenterology
• Neurology
• Others

Segmentation by End-User:

• Hospitals
• Diagnostic Centers
• Others

Segmentation by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa