US & Global Pediatric Medical Device Market by application (hospitals, clinic), by end users (pediatrician, doctors) & by types (infant caps, newborn hearing screener, cranial orthosis, infant warmer, incubators, bililights) – forecast to 2027
The US & Global Pediatric Medical Device Market: Market Growth Influencer
The global pediatric medical device market will be driven the market because of increase in the incidences of premature birth and new and innovative technological development in the pediatric medical equipment and devices. Due to this scenario, the US & global pediatric medical devices market is possibly expected to gain a healthy and a strong growth rate in the forecasted year 2016-2027.
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The other major factors which are influencing the market growth for the US & global pediatric medical devices market are the increasing in the awareness devices related to the diagnoses of baby care, increasing in the healthcare expenditure along with the growing disposable income and the new and updated technological advancements in the pediatric medical devices are pushing The US & Global Pediatric Medical Device Market. On the other hand, the high competitions among the existing key players are acting as an inhibitor in the US & global pediatric medical device market. In the US and other developed and developing economies, the existing government has proposed and initiated to reduce the birth rate to control the population which has radically pulling down the pediatric medical devices market and particularly in the US, because of the incidence of the Zika Virus, the central government and federal health officials has advised and recommended women not to become pregnant. This is one of the major key challenge can be faced by the manufactures of Pediatric Medical Devices.
Key Players for US & Global Pediatric Medical Device Market
Market Research Future (MRFR) recognizes the following companies as the key players in US & Global Pediatric Medical Device Market: There are plenty of large and small market players which operate in this market all over the globe.
The existing and prominent key players present in the The US & Global Pediatric Medical Device Market are Abbott Nutrition, GE Healthcare, Phillips Healthcare, Novamed USA, Narang Medical Limited, Phoenix Medical Systems, Pega Medical, Johnson & Johnson, Medtronic and among others.
Segments for US & Global Pediatric Medical Device Market
For the purpose of this study, MRFR has segmented the US & global pediatric medical device market into devices types, applications and end users. The devices types are segmented into infant caps, infant incubators, bililights, newborn hearing screener, cranial orthosis, infant warmer and others. The application segment is divided into hospitals, clinics and others. The end users segmented in divided into doctors, pediatrician and others.
Regional Analysis for US & Global Pediatric Medical Device Market
The US: Technological advancements, rising life styles, growing population, growing disposable income, increasing healthcare expenditure and rising awareness of pediatric medical devices has propelled the pediatric medical market helped the US market to be on the top on the list. Apart from this, the large number of baby hospitals, huge infrastructure, professional and skilled doctors has also pushed and driving the pediatric medical market. But the manufacturers may have to face restraints due to the spreading of Zika Virus. Due to this, the government has recommended women not to become pregnant to avoid the infection of Zika Virus to new born babies.
India: In Asia-Pacific, India is one of the biggest markets for pediatric medical devices due to the increasing incidences of premature birth and mature birth. And a large pool of infants and children are still undiagnosed with the proper treatment. Along with this, increasing awareness, growing disposable income and government’s initiative in investing in the healthcare sector.
Middle East & Africa: Capturing the MEA market will become a huge opportunity for the pediatric device manufacturers due to the large number of malnutrition birth rate, increasing infections, government initiative and other several factors
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