Pediatric Medical Device Market is expected to grow at CAGR of approximately 10.5% during the forecast period 2019-2023 - PowerPoint PPT Presentation

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Pediatric Medical Device Market is expected to grow at CAGR of approximately 10.5% during the forecast period 2019-2023

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Pediatric medical devices are medical devices utilized for the management and treatment of infants and children below 18 years with some health issues. Majority of these medical devices are specially designed and manufactured for infants and children, but in some cases these devices are used for adult also. – PowerPoint PPT presentation

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Title: Pediatric Medical Device Market is expected to grow at CAGR of approximately 10.5% during the forecast period 2019-2023


1
Pediatric Medical Device Market is expected to
grow at CAGR of approximately 10.5 during the
forecast period 2019-2023
SAMPLE
FOR MORE INFO
2
Pediatric Medical Device Market
Global Pediatric Medical Device Market -
Overview Pediatric medical devices are medical
devices utilized for the management and treatment
of infants and children below 18 years with some
health issues. Majority of these medical devices
are specially designed and manufactured for
infants and children, but in some cases these
devices are used for adult also. Global market of
pediatric medical device is expected to grow at a
CAGR of approximately 10.5 during the forecast
period 2017-2023. The global pediatric medical
devices market is growing immensely due to rising
occurrence of disease among children, increasing
child bearing age among women, high number of
children with heart diseases, increasing growth
in number of pediatric hospitals and clinics.
Furthermore, initiatives by the government and
regulatory organization are influencing the
market growth. For example, FDA has taken
initiatives like they are collaborating with the
Institute of Medicine for the success of
post-market surveillance of pediatric medical
devices to enhance the development and
availability of safe and effective pediatric
medical devices. While there are few factors that
hamper the growth of the market such as lack of
significant biocompatibility and safety criteria
for the medical devices have restrained the
growth of market. Moreover, devices that can
provide appropriate care to the pediatric
patients is one of the other major restraint for
the market. Request For Sample Report
https//www.marketresearchfuture.com/sample_reques
t/980
3
Pediatric Medical Device Market
Global Pediatric Medical Device Market -
Competitive Analysis Characterized by the
presence of several well-established and small
players, the global market of pediatric medical
device appears to be highly competitive and
fragmented. With well-established market in the
North America and European region with major
companies having their home in the regions and
generating maximum market share. These companies
have expanded their operating unit in various
other emerging regions as well. Moreover the
other small and medium scale players are
generating revenue from local market. Medtronic
is a one of the global healthcare solutions
provider company, involved in improving lives of
individuals through its medical technologies,
services, and solutions. Medtronic in January
2015, announced the acquisition of Covidien. With
this acquisition the company will enhance its
medical device product. Covidient includes
various pediatric medical device such as
Pediatric Collection Devices, Pediatric Urology
Accessories, Pediatric Latex Foley Catheters and
various others. These product will further
enhance the revenue for Medtronic. Access Report
Details _at_ https//www.marketresearchfuture.com/rep
orts/pediatric-medical-device-market-980
4
Pediatric Medical Device Market
Global Pediatric Medical Device Market - Regional
Analysis The global market is segmented into the
various regions including North America, Europe,
Asia Pacific, and the Middle East
Africa. America accounted for the largest market
share for global pediatric medical device market.
It covers two of the major regions namely North
America and South America. North America is the
largest market the growth of the market is
attributed to increase in growth of children with
chronic diseases among, growth in number of women
conceiving at older age addiction of pregnant
women to smoking and alcohol, and technology
advance medical devices manufactured by major
market players. Abbott, General Electric Company
and Johnson Johnson Private Limited are major
market players in the U.S. and presence all
around the global. According to American Academy
of Pediatrics, percentage of children in U.S with
chronic health conditions is growing and diseases
like asthma and attention deficit hyperactivity
disorder have taken a rise at a disproportionate
rate among them. In South America, significant
increase in chronic diseases among children,
demand for technology advanced pediatric medical
devices, awareness regarding birth defects and
child health influence this markets growth.
5
ABOUT US
MARKET RESEARCH FUTURE At Market Research Future
(MRFR), we enable our customers to unravel the
complexity of various industries through our
Cooked Research Report (CRR), Half-Cooked
Research Reports (HCRR), Raw Research Reports
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Research Consulting Services. MRFR team have
supreme objective to provide the optimum quality
market research and intelligence services to our
clients. Our market research studies by products,
services, technologies, applications, end users,
and market players for global, regional, and
country level market segments, enable our clients
to see more, know more, and do more, which help
to answer all their most important questions. In
order to stay updated with technology and work
process of the industry, MRFR often plans
conducts meet with the industry experts and
industrial visits for its research analyst
members. For more information kindly visit
www.marketresearchfuture.com or contact us at
info_at_marketresearchfuture.com Copyright 2018
Market Research Future All Rights Reserved. This
document contains highly confidential information
and is the sole property of Market Research
Future. No part of it may be circulated, copied,
quoted, or otherwise reproduced without the
written approval of Market Research Future.
6
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