Global Pediatric Ultrasound Market is valued approximately USD 0.37 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.7% over the forecast period 2022-2029. Pediatric Ultrasound is a type of ultrasound imaging that uses sound waves to produce images of organ and tissues inside the boy of a child. It is utilized for diagnosis and treatment of different medical conditions in children. The increasing incidence cardiac diseases in children and growing demand for non-invasive treatment procedure as well as strategic initiatives from leading market players are key factors accelerating the market growth.
According to the Centers for Disease Control & Prevention estimates - as of 2020, around 27% of children in the United States affected by a chronic condition and 1 in 15 have multiple chronic conditions. Moreover, as per Texas Heart Institute estimates - around 3% of children in the United States have high blood pressure and approximately and around 15% have high cholesterol levels. Also, rising healthcare infrastructure in developing region and growing paediatric population would create lucrative growth prospectus for the market over the forecast period. However, the dearth of skilled professionals and high cost associated with ultrasound devices impede the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Pediatric Ultrasound Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of market share due to presence of leading market players and availability of robust healthcare infrastructure in the region. Whereas Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising pediatric population and growing prevalence of chronic diseases in the region.
Major market players included in this report are:
Advin Healthcare
Easote SpA
Fujifilm Corporation
General Electric Company
Alpinion Group
Koninklijke Philips N.V.
Mindray Medical International Limited
Samsung Medison Co. Ltd
Siemens AG
Sonoscape Medical Corp.
Recent Developments in the Market:
In May 2020, Royal Philips launched a new ultrasound solution for pediatric assessment. This new solution features dedicated transducers, enhanced processing, and software tools that are optimized for the pediatric diagnostics.
Global Pediatric Ultrasound Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Age Group, Modality, End User, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Age Group
Newborns
Infrants
Toddlers
Pre-Schoolers
School-Aged Childrens
Adolescents
By Modality
Handheld Ultrasound
Cart-Based Ultrasound
By End User
Hospitals
Specialized Clinics
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
