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Asia-Pacific Pediatric Medical Devices Market

2021

Medical Device Asia-Pacific Pediatric Medical Devi...

Asia-Pacific Pediatric Medical Devices Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product [In Vitro Diagnostic (IVD) Devices, Cardiology Devices, Respiratory Care Devices, Monitoring Devices, Neonatal ICU Devices, and Others] and End User (Hospitals, Pediatric Clinics, and Others)

Publication Month: Oct 2021 | Report Code: TIPRE00025187 | No. of Pages: 111 | Category: Medical Device | Status: Published

Market Insights

Asia-Pacific Pediatric Medical Devices Market to Grow at a CAGR of 8.6% to reach US$ 11,230.82 million from 2021 to 2028

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The pediatric medical devices market in APAC is expected to grow from US$ 6,308.79 million in 2021 to US$ 11,230.82 million by 2028; it is estimated to grow at a CAGR of 8.6% from 2021 to 2028.


Point-of-care products witnessing high demand is the major factor driving the growth of the APAC pediatric medical devices market. The healthcare system is continuously evolving due to rising product innovation and developments, creating opportunities for the APAC pediatric medical devices market. The patient care systems are developing to facilitate various medical procedures. The rise in diseases and disorders among children is among the key role to play in increasing investment of the APAC and domestic players. The trend for pediatric medical devices is likely to grow dramatically in the future, owing to the increasing number of market players offering products. Moreover, introduction of innovative products, revolutionary technology, and successful events created opportunities for the companies to continue producing pediatric medical devices. In addition, the increasing trend for the use of point-of-care devices in hospitals and at-home care is expected to benefit the market. Thus, companies manufacturing the products are likely to add value to their customers and attract more customer base. Therefore, considering these factors, are likely to propel the market's growth during the forecast period.

The 2019 novel coronavirus (2019-nCoV), officially named COVID-19 by the WHO, has spread to more than 180 countries, including China, prompting the WHO to declare the disease a global pandemic. The supply chain disruptions, along with the massive demand for efficient treatments for the therapy of COVID-19, have put the healthcare research industry in a crucial situation in APAC. Prohibitive measures have been taken to control the spread of the virus. The COVID-19 pandemic has broadly affected the economies in APAC. Countries such as India, China, Japan, South Korea were adversely affected by the pandemic. The socioeconomic factors were severely affected, rising in negative inflation, GDPs, and a surge in unemployment in the region toward medical devices. The pandemic has affected three main aspects of the global economy: production, supply chain, and firms and financial markets. Japan, China, South Korea, India, and Australia are the most affected countries due to the increasing number of COVID-19 cases and the associated deaths. Manufacturers and suppliers of medical devices have shifted their focus from regular pediatric medical devices to developing and supplying COVID-19 essentials and medical devices used for respiratory issues. This scenario has negatively impacted the pediatric medical devices market. The pandemic has affected business operations of various key players operating in this region. Furthermore, business strategies such as acquisitions, mergers, and partnerships are adversely affected by the imposition of complete lockdown. Such obstructions in business activities are projected to hamper the adoption of various technologically advanced healthcare systems, including medical devices.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC pediatric medical devices market. The APAC pediatric medical devices market is expected to grow at a good CAGR during the forecast period.

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APAC Pediatric Medical Devices Market Segmentation

APAC Pediatric Medical Devices Market – By Product

  • In Vitro Diagnostic (IVD) Devices
  • Cardiology Devices
  • Respiratory Care Devices
  • Monitoring Devices
  • Neonatal ICU Devices
  • Others

APAC Pediatric Medical Devices Market – By End User

  • Hospitals
  • Pediatric Clinics
  • Others

APAC Pediatric Medical Devices Market, by Country

  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC

APAC Pediatric Medical Devices Market - Companies Mentioned

  • Atom Medical Corp.
  • F. Hoffmann-La Roche Ltd.
  • General Electric Company
  • Hamilton Medical
  • Koninklijke Philips N.V.
  • Medtronic
  • Siemens AG

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 APAC Pediatric Medical Devices Market – By Product

1.3.2 APAC Pediatric Medical Devices Market – By End User

1.3.3 APAC Pediatric Medical Devices Market– By Country

2. APAC Pediatric Medical Devices Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. APAC Pediatric Medical Devices Market– Market Landscape

4.1 Overview

4.2 APAC PEST Analysis

5. APAC Pediatric Medical Devices Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Surge in Cases of Cancer and Respiratory Disorders Among Kids

5.1.2 Huge Variety of Pediatric Medical Devices are Present

5.2 Market Restraints

5.2.1 Limited Knowledge of Medical Devices Designed for Infants

5.3 Market Opportunities

5.3.1 Developing Countries Having High Growth Potential

5.4 Future Trends

5.4.1 Point-of-Care Products Witnessing High Demand

5.5 Impact Analysis

6. Pediatric Medical Devices Market – APAC Analysis

6.1 APAC Pediatric Medical Devices Market Revenue Forecast and Analysis

7. APAC Pediatric Medical Devices Market Analysis – By Product

7.1 Overview

7.2 APAC Pediatric Medical Devices Market Revenue Share, by Product (2021 and 2028)

7.3 Respiratory Care

7.3.1 Overview

7.3.2 Respiratory Care: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Cardiology Devices

7.4.1 Overview

7.4.2 Cardiology Devices: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)

7.5 In Vitro Diagnostic (IVD)

7.5.1 Overview

7.5.2 In Vitro Diagnostic (IVD): Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)

7.6 Monitoring Devices

7.6.1 Overview

7.6.2 Monitoring Devices: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)

7.7 Neonatal ICU Devices

7.7.1 Overview

7.7.2 Neonatal ICU Devices: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)

7.8 Others

7.8.1 Overview

7.8.2 Others: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)

8. APAC Pediatric Medical Devices Market Analysis – By End User

8.1 Overview

8.2 APAC Pediatric Medical Devices Market Share, by End User, 2021 and 2028, (%)

8.3 Hospitals

8.3.1 Overview

8.3.2 Hospitals: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Pediatric Clinics

8.4.1 Overview

8.4.2 Pediatric Clinics: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Others

8.5.1 Overview

8.5.2 Others: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)

9. APAC Pediatric Medical Devices Market – Country Analysis

9.1 Overview

9.1.2 Asia Pacific: Pediatric Medical Devices Market, by Country, 2021 & 2028 (%)

9.1.2.1 China: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (USD Million)

9.1.2.1.1 China: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (USD Million)

9.1.2.1.2 China: Pediatric Medical Devices Market, By Product, 2019–2028 (USD Million)

9.1.2.1.3 China: Pediatric Medical Devices Market, By End User, 2019–2028 (USD Million)

9.1.2.2 Japan: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (USD Million)

9.1.2.2.1 Japan: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (USD Million)

9.1.2.2.2 Japan: Pediatric Medical Devices Market, By Product, 2019–2028 (USD Million)

9.1.2.2.3 Japan: Pediatric Medical Devices Market, by End User, 2019–2028 (USD Million)

9.1.2.3 India: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (USD Million)

9.1.2.3.1 India: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (USD Million)

9.1.2.3.2 India: Pediatric Medical Devices Market, By Product, 2019–2028 (USD Million)

9.1.2.3.3 India: Pediatric Medical Devices Market, by End User, 2019–2028 (USD Million)

9.1.2.4 Australia: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (USD Million)

9.1.2.4.1 Australia: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (USD Million)

9.1.2.4.2 Australia: Pediatric Medical Devices Market, By Product, 2019–2028 (USD Million)

9.1.2.4.3 Australia: Pediatric Medical Devices Market, by End User, 2019–2028 (USD Million)

9.1.2.5 South Korea: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (USD Million)

9.1.2.5.1 South Korea: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (USD Million)

9.1.2.5.2 South Korea: Pediatric Medical Devices Market, By Product, 2019–2028 (USD Million)

9.1.2.5.3 South Korea: Pediatric Medical Devices Market, by End User, 2019–2028 (USD Million)

9.1.2.6 Rest of Asia Pacific: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (USD Million)

9.1.2.6.1 Rest of Asia Pacific: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (USD Million)

9.1.2.6.2 Rest of Asia Pacific: Pediatric Medical Devices Market, By Product, 2019–2028 (USD Million)

9.1.2.6.3 Rest of Asia Pacific: Pediatric Medical Devices Market, by End User, 2019–2028 (USD Million)

10. Impact Of COVID-19 Pandemic on APAC Pediatric Medical Devices Market

10.1 APAC: Impact Assessment of COVID-19 Pandemic

11. Pediatric Medical Devices Market – Industry Landscape

11.1 Overview

11.2 Growth Strategies Done by the Companies in the Market, (%)

11.3 Organic Developments

11.3.1 Overview

11.4 Inorganic Developments

11.4.1 Overview

12. Company Profiles

12.1 F. HOFFMANN-LA ROCHE LTD.

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 GENERAL ELECTRIC

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Atom Medical Corp.

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Koninklijke Philips N.V.

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Siemens AG

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Medtronic

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Hamilton Medical

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms

LIST OF TABLES

Table 1. China: Pediatric Medical Devices Market, By Product – Revenue and Forecast to 2028 (USD Million)

Table 2. China: Pediatric Medical Devices Market, By End User – Revenue and Forecast to 2028 (USD Million)

Table 3. Japan: Pediatric Medical Devices Market, By Product– Revenue and Forecast to 2028 (USD Million)

Table 4. Japan: Pediatric Medical Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 5. India: Pediatric Medical Devices Market, By Product– Revenue and Forecast to 2028 (USD Million)

Table 6. India: Pediatric Medical Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 7. Australia: Pediatric Medical Devices Market, By Product – Revenue and Forecast to 2028 (USD Million)

Table 8. Australia: Pediatric Medical Devices Market, by End User– Revenue and Forecast to 2028 (USD Million)

Table 9. South Korea: Pediatric Medical Devices Market, By Product – Revenue and Forecast to 2028 (USD Million)

Table 10. South Korea: Pediatric Medical Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 11. Rest of Asia Pacific: Pediatric Medical Devices Market, By Product – Revenue and Forecast to 2028 (USD Million)

Table 12. Rest of Asia Pacific: Pediatric Medical Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 13. Organic Developments Done by Companies

Table 14. Inorganic Developments Done by Companies

Table 15. Glossary of Terms, Pediatric MRI Market

LIST OF FIGURES

Figure 1. APAC Pediatric Medical Devices Market Segmentation

Figure 2. APAC Pediatric Medical Devices Segmentation, By Country

Figure 3. APAC Pediatric Medical Devices Market Overview

Figure 4. In Vitro Diagnostic Devices Held the Largest Share of the Product Segment in APAC Pediatric Medical Devices Market

Figure 5. India to Show Significant Growth During Forecast Period

Figure 7. Expert Opinion

Figure 8. APAC PEST Analysis

Figure 9. APAC Pediatric Medical Devices Market: Impact Analysis of Drivers and Restraints

Figure 10. APAC Pediatric Medical Devices Market – Revenue Forecast and Analysis – 2020- 2028

Figure 11. APAC Pediatric Medical Devices Market Revenue Share, by Product (2021 and 2028)

Figure 12. APAC Respiratory Care: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13. APAC Cardiology Devices: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14. APAC In Vitro Diagnostic (IVD): Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15. APAC Monitoring Devices: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16. APAC Neonatal ICU Devices: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17. APAC Others: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18. APAC Pediatric Medical Devices Market Share, by End User, 2021 and 2028 (%)

Figure 19. APAC Hospitals: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20. APAC Pediatric Clinics: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. APAC Others: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. Asia Pacific: Pediatric Medical Devices Market, by Key Country – Revenue (2021) (USD Million)

Figure 23. Asia Pacific: Pediatric Medical Devices Market, by Country, 2021 & 2028 (%)

Figure 24. China: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (USD Million)

Figure 25. Japan: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (USD Million)

Figure 26. India: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (USD Million)

Figure 27. Australia: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (USD Million)

Figure 28. South Korea: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (USD Million)

Figure 29. Rest of Asia Pacific: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (USD Million)

Figure 30. Impact of COVID-19 Pandemic in APAC Country Markets

Figure 31. Growth Strategies Done by the Companies in the Market, (%)

  1. Atom Medical Corp.
  2. F. Hoffmann-La Roche Ltd.
  3. General Electric Company
  4. Hamilton Medical
  5. Koninklijke Philips N.V.
  6. Medtronic
  7. Siemens AG
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC pediatric medical devices market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the APAC pediatric medical devices market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the pediatric medical devices market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
TIPRE00025187
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