Pediatric Healthcare Market
Pediatric Healthcare Market Forecasts to 2030 - Global Analysis By Product Type (Diagnostic Devices, Monitoring Devices, Laboratory Equipment, Infusion Pumps, Pediatric Braces and Other Product Types), Disease Type, Service Type, Treatment Type, End User and By Geography
According to Stratistics MRC, the Global Pediatric Healthcare Market is accounted for $14.4 billion in 2024 and is expected to reach $20.9 billion by 2030 growing at a CAGR of 6.4% during the forecast period. Pediatric healthcare is the medical care and treatment provided to children and adolescents, from infancy through adolescence. It encompasses a wide range of services, including preventive health care, diagnosis and treatment of illnesses, management of chronic conditions, and developmental and behavioral assessments. The goal is to ensure the optimal physical, emotional, and mental health of young patients. Pediatric healthcare professionals are trained to address the unique needs of children at different stages of development.
According to Observer Research Foundation data published in December 2021, India has nearly 200 million undernourished people. According to the Genworth Cost of Care Survey, skilled nursing services in private homes cost an average of $290 per day, while semi-private homes cost an average of $255.
Market Dynamics:
Driver:
Increasing awareness and parental involvement
Increasing awareness and parental involvement in the market have led to significant improvements in child health outcomes. Parents are now more informed about preventive care, vaccinations, and the importance of early detection of illnesses. This proactive approach has increased demand for pediatric services, wellness programs, and specialized care. Additionally, parents are actively engaging in decision-making regarding their child's healthcare, seeking quality medical advice and holistic care options.
Restraint:
Shortage of pediatric specialists
The shortage of pediatric specialists negatively impacts the market by limiting access to specialized care for children. This scarcity leads to longer wait times, delays in diagnosis and increased pressure on general pediatricians to manage complex cases. Consequently, children may experience suboptimal care and worsened health outcomes. The shortage also burdens existing specialists, leading to burnout and decreased quality of care. Overall, it hinders the ability to provide comprehensive and timely medical attention to young patients.
Opportunity:
Expanding healthcare infrastructure
Expanding healthcare infrastructure can help address the shortage of pediatric specialists in the market. By building more hospitals, clinics, and training facilities, healthcare systems can increase the capacity to educate and employ pediatric specialists. This expansion can also improve access to advanced diagnostic tools and specialized services in underserved areas. Additionally, telemedicine and digital health platforms can extend the reach of existing specialists, ensuring more children receive the necessary care.
Threat:
High cost of pediatric care
The high cost of pediatric care negatively impacts the market by creating barriers to access for many families. Rising costs for consultations, treatments, and specialized services can lead to financial strain, causing some parents to delay or forego necessary care for their children. This can result in worsening health conditions and increased emergency visits, which are more costly in the long run. The financial burden may also deter parents from seeking preventive care, ultimately affecting children's overall health and well-being.
Covid-19 Impact:
COVID-19 significantly impacted the pediatric healthcare market, causing disruptions in routine care, vaccinations, and elective procedures. Fear of exposure led to decreased hospital visits, delaying critical care and preventive services. Additionally, the pandemic strained healthcare resources, diverting attention and funding away from pediatric services. The overall impact includes worsened health outcomes for children and increased stress on healthcare providers and systems.
The chronic diseases segment is expected to be the largest during the forecast period
The chronic diseases is expected to be the largest during the forecast period. The rise in chronic illnesses strains healthcare resources and necessitates a multidisciplinary approach to treatment. Early diagnosis, continuous monitoring, and coordinated care are crucial for managing these conditions effectively. The prevalence of chronic diseases also highlights the need for comprehensive healthcare policies and improved access to pediatric specialists and support services.
The behavioral therapy segment is expected to have the highest CAGR during the forecast period
The behavioral therapy segment is expected to have the highest CAGR during the forecast period. The growing recognition of mental health's importance has increased demand for these services. Behavioral therapy helps children develop coping skills, improve social interactions, and manage behaviors effectively. As awareness and acceptance of mental health issues rise, the market for pediatric behavioral therapy continues to expand, offering tailored support for young patients.
Region with largest share:
North America is projected to hold the largest market share during the forecast period driven by advanced medical technologies, high-quality healthcare infrastructure, and strong insurance coverage. The region has a well-established network of pediatric specialists and healthcare facilities, offering comprehensive services from preventive care to specialized treatments. Rising awareness of child health issues, coupled with increasing investment in pediatric research and innovation, further fuels market growth.
Region with highest CAGR:
Asia Pacific is projected to hold the highest CAGR over the forecast period due to expanding healthcare infrastructure. Governments and private sectors are investing heavily in healthcare facilities, including children's hospitals and clinics, to address the needs of young patients more effectively. Enhanced access to healthcare services, including vaccinations and routine check-ups, is improving overall child health outcomes. Additionally, the rise of telemedicine and digital health solutions is making pediatric care more accessible, particularly in remote areas.
Key players in the market
Some of the key players in Pediatric Healthcare market include Johnson & Johnson, Pfizer Inc., Roche Holding AG, Novartis International AG, Merck & Co., Inc., Sanofi, GlaxoSmithKline plc, AbbVie Inc., Eli Lilly and Company, AstraZeneca plc, Astellas Pharma Inc., Takeda Pharmaceutical Company Limited, Novo Nordisk A/S, Bristol-Myers Squibb Company, Amgen Inc., Gilead Sciences, Inc., Boehringer Ingelheim GmbH, Hikma Pharmaceuticals PLC, Teva Pharmaceutical Industries Ltd. and Mylan N.V.
Key Developments:
In April 2024, Novartis announced that the U.S. Food and Drug Administration (FDA) approved Lutathera® for the treatment of pediatric patients 12 years and older with somatostatin receptor-positive (SSTR+) gastroenteropancreatic neuroendocrine tumors (GEP-NETs), including foregut, midgut, and hindgut NETs.
In April 2024, Pfizer Inc announced positive top-line immunogenicity and safety data from the ongoing pivotal Phase 3 clinical trial (NCT05842967) MONeT (RSV IMmunizatiON Study for AdulTs at Higher Risk of Severe Illness),evaluating a single dose of ABRYSVO versus placebo in adults 18 to 59 years of age
Product Types Covered:
• Diagnostic Devices
• Monitoring Devices
• Laboratory Equipment
• Infusion Pumps
• Pediatric Braces
• Other Product Types
Disease Types Covered:
• Infectious Diseases
• Chronic Diseases
• Hematological Disorders
• Genetic Disorders
• Respiratory Disorders
• Gastrointestinal Disorders
• Cardiovascular Disorders
• Other Disease Types
Service Types Covered:
• Inpatient Care
• Outpatient Care
• Emergency Services
• Rehabilitation Services
• Home Healthcare
• Palliative and Hospice Care
Treatment Types Covered:
• Medication and Therapeutics
• Surgery and Medical Procedures
• Radiation Therapy
• Physical and Occupational Therapy
• Behavioral Therapy
• Dietary and Nutritional Therapy
• Gene Therapy
End Users Covered:
• Hospitals
• Pediatric Clinics
• Home Care Settings
• Research Institutes
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Pediatric Healthcare Market, By Product Type
5.1 Introduction
5.2 Diagnostic Devices
5.3 Monitoring Devices
5.4 Laboratory Equipment
5.5 Infusion Pumps
5.6 Pediatric Braces
5.7 Other Product Types
6 Global Pediatric Healthcare Market, By Disease Type
6.1 Introduction
6.2 Infectious Diseases
6.3 Chronic Diseases
6.4 Hematological Disorders
6.5 Genetic Disorders
6.6 Respiratory Disorders
6.7 Gastrointestinal Disorders
6.8 Cardiovascular Disorders
6.9 Other Disease Types
7 Global Pediatric Healthcare Market, By Service Type
7.1 Introduction
7.2 Inpatient Care
7.3 Outpatient Care
7.4 Emergency Services
7.5 Rehabilitation Services
7.6 Home Healthcare
7.7 Palliative and Hospice Care
8 Global Pediatric Healthcare Market, By Treatment Type
8.1 Introduction
8.2 Medication and Therapeutics
8.3 Surgery and Medical Procedures
8.4 Radiation Therapy
8.5 Physical and Occupational Therapy
8.6 Behavioral Therapy
8.7 Dietary and Nutritional Therapy
8.8 Gene Therapy
9 Global Pediatric Healthcare Market, By End User
9.1 Introduction
9.2 Hospitals
9.3 Pediatric Clinics
9.4 Home Care Settings
9.5 Research Institutes
9.6 Other End Users
10 Global Pediatric Healthcare Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Johnson & Johnson
12.2 Pfizer Inc.
12.3 Roche Holding AG
12.4 Novartis International AG
12.5 Merck & Co., Inc.
12.6 Sanofi
12.7 GlaxoSmithKline plc
12.8 AbbVie Inc.
12.9 Eli Lilly and Company
12.10 AstraZeneca plc
12.11 Astellas Pharma Inc.
12.12 Takeda Pharmaceutical Company Limited
12.13 Novo Nordisk A/S
12.14 Bristol-Myers Squibb Company
12.15 Amgen Inc.
12.16 Gilead Sciences, Inc.
12.17 Boehringer Ingelheim GmbH
12.18 Hikma Pharmaceuticals PLC
12.19 Teva Pharmaceutical Industries Ltd.
12.20 Mylan N.V.
List of Tables
1 Global Pediatric Healthcare Market Outlook, By Region (2022-2030) ($MN)
2 Global Pediatric Healthcare Market Outlook, By Product Type (2022-2030) ($MN)
3 Global Pediatric Healthcare Market Outlook, By Diagnostic Devices (2022-2030) ($MN)
4 Global Pediatric Healthcare Market Outlook, By Monitoring Devices (2022-2030) ($MN)
5 Global Pediatric Healthcare Market Outlook, By Laboratory Equipment (2022-2030) ($MN)
6 Global Pediatric Healthcare Market Outlook, By Infusion Pumps (2022-2030) ($MN)
7 Global Pediatric Healthcare Market Outlook, By Pediatric Braces (2022-2030) ($MN)
8 Global Pediatric Healthcare Market Outlook, By Other Product Types (2022-2030) ($MN)
9 Global Pediatric Healthcare Market Outlook, By Disease Type (2022-2030) ($MN)
10 Global Pediatric Healthcare Market Outlook, By Infectious Diseases (2022-2030) ($MN)
11 Global Pediatric Healthcare Market Outlook, By Chronic Diseases (2022-2030) ($MN)
12 Global Pediatric Healthcare Market Outlook, By Hematological Disorders (2022-2030) ($MN)
13 Global Pediatric Healthcare Market Outlook, By Genetic Disorders (2022-2030) ($MN)
14 Global Pediatric Healthcare Market Outlook, By Respiratory Disorders (2022-2030) ($MN)
15 Global Pediatric Healthcare Market Outlook, By Gastrointestinal Disorders (2022-2030) ($MN)
16 Global Pediatric Healthcare Market Outlook, By Cardiovascular Disorders (2022-2030) ($MN)
17 Global Pediatric Healthcare Market Outlook, By Other Disease Types (2022-2030) ($MN)
18 Global Pediatric Healthcare Market Outlook, By Service Type (2022-2030) ($MN)
19 Global Pediatric Healthcare Market Outlook, By Inpatient Care (2022-2030) ($MN)
20 Global Pediatric Healthcare Market Outlook, By Outpatient Care (2022-2030) ($MN)
21 Global Pediatric Healthcare Market Outlook, By Emergency Services (2022-2030) ($MN)
22 Global Pediatric Healthcare Market Outlook, By Rehabilitation Services (2022-2030) ($MN)
23 Global Pediatric Healthcare Market Outlook, By Home Healthcare (2022-2030) ($MN)
24 Global Pediatric Healthcare Market Outlook, By Palliative and Hospice Care (2022-2030) ($MN)
25 Global Pediatric Healthcare Market Outlook, By Treatment Type (2022-2030) ($MN)
26 Global Pediatric Healthcare Market Outlook, By Medication and Therapeutics (2022-2030) ($MN)
27 Global Pediatric Healthcare Market Outlook, By Surgery and Medical Procedures (2022-2030) ($MN)
28 Global Pediatric Healthcare Market Outlook, By Radiation Therapy (2022-2030) ($MN)
29 Global Pediatric Healthcare Market Outlook, By Physical and Occupational Therapy (2022-2030) ($MN)
30 Global Pediatric Healthcare Market Outlook, By Behavioral Therapy (2022-2030) ($MN)
31 Global Pediatric Healthcare Market Outlook, By Dietary and Nutritional Therapy (2022-2030) ($MN)
32 Global Pediatric Healthcare Market Outlook, By Gene Therapy (2022-2030) ($MN)
33 Global Pediatric Healthcare Market Outlook, By End User (2022-2030) ($MN)
34 Global Pediatric Healthcare Market Outlook, By Hospitals (2022-2030) ($MN)
35 Global Pediatric Healthcare Market Outlook, By Pediatric Clinics (2022-2030) ($MN)
36 Global Pediatric Healthcare Market Outlook, By Home Care Settings (2022-2030) ($MN)
37 Global Pediatric Healthcare Market Outlook, By Research Institutes (2022-2030) ($MN)
38 Global Pediatric Healthcare Market Outlook, By Other End Users (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
