North America Pediatric Medical Devices Market Analysis, Size, and Share by 2028

The pediatric medical devices market in North America is expected to grow from US$ 10,872.43 million in 2021 to US$ 18,786.55 million by 2028; it is estimated to grow at a CAGR of 8.1% from 2021 to 2028.

The US, Canada, and Mexico are major economies in North America. Growing cases of cancer and respiratory disorders among children is the major factor driving the growth of the North America pediatric medical devices market. The increasing prevalence of cancer among children is expected to augment the demand for the pediatric medical devices associated with the market across the world. The cancer-causing factors among children are abnormal mutation, genetic predisposition, inherited versus acquired gene mutations, lifestyle and environment associated factors, and others. As per the American Cancer Society published data in January 2021, it is estimated that 10,500 children in the US below the age of 15 in 2021 have cancer. Moreover, the rising prevalence of respiratory diseases and disorders is expected to drive the North America market for pediatric medical devices. Different types of medical devices are used during the treatment and monitoring of pediatric patients. Compared to adults, children's body structure and position need to be managed and maintained during various procedures such as MRI scans, X-ray imaging, blood sampling procedures, and others. For instance, the rising prevalence of respiratory diseases such as the COVI19 among children is expected to create the need for monitoring devices such as pulse oximeters, critical care devices, ventilators, warmers and others. As per the American Academy of Pediatrics, about 4.3 million children tested positive for COVID-19 in August 2021 in the US. Thus, the rising prevalence of such diseases is driving the market during the forecast period. Another critical factor supporting the growth of this market are increase in the rates of premature births.

The impacts of COVID-19 are being felt across several markets, including the pediatric medical devices market in North America.Although the healthcare sector had witnessed SARS, H1N1, and other outbreaks in the last few years, the severity of the COVID-19 has made the situation more complicated due to its mode of transmission. North America has been witnessing a growing number of COVID-19 cases since its outbreak. Several measures are being taken to contain the disease and prevent the transmission; however, the exorbitant number of COVID-19 cases have resulted in cancellation of doctor's appointment, causing treatments and doctors/surgeons meeting cancellations. The pediatric patients suffering from critical surgeries such as neurosurgery, spinal surgery, and ENT surgery require physical awareness and need to implement procedures in the clinics. A recent study issued by the Radiological Society of North America in September 2020 stated that the COVID-19 pandemic significantly impacted pediatric radiology departments globally. More than 90% of study respondents indicate that medical devices practices have undergone a moderate, effective, or complete change in COVID-19.Pediatrics and term infants with medical disorders requiring prolonged hospitalization are prone to hospital-acquired (nosocomial) infection; thus, the adoption of in baby care facilities has been adversely affected in the wake of COVID-19 outbreak. Moreover, the outbreak has resulted in a high unemployment rate in the region, in turn, hampering disposable incomes, and consequently the benefits of health insurance. Therefore, the financial crisis among the masses in North America is projected to hamper the growth of the pediatric medical devices market. 

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 North America pediatric medical devices market. The North America pediatric medical devices market is expected to grow at a good CAGR during the forecast period.

North America Pediatric Medical Devices Market Segmentation

North America Pediatric Medical Devices Market – By Product

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

North America Pediatric Medical Devices Market – By End User

• Hospitals
• Pediatric Clinics
• Others

North America Pediatric Medical Devices Market, by Country

• US
• Canada
• Mexico

North America Pediatric Medical Devices Market - Companies Mentioned

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

North America Pediatric Medical Devices Report Scope