Global Pediatric Medical Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

In Vitro Diagnostic (IVD) Devices, Cardiology Devices, Diagnostic Imaging Devices, Anesthesia & Respiratory Care Devices, Neonatal ICU Devices, Monitoring Devices, Telemedicine, and Home-Use Medical Devices

By End Users;

Hospitals, Diagnostic Laboratories, Ambulatory Surgical Centers, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn123000793 Published Date: May, 2025 Updated Date: June, 2025

Pediatric Medical Devices Market Overview

Pediatric Medical Devices Market (USD Million)

Pediatric Medical Devices Market was valued at USD 23,522.45 million in the year 2024. The size of this market is expected to increase to USD 35,579.81 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.1%.


Global Pediatric Medical Devices Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 6.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.1 %
Market Size (2024)USD 23,522.45 Million
Market Size (2031)USD 35,579.81 Million
Market ConcentrationMedium
Report Pages304
23,522.45
2024
35,579.81
2031

Major Players

  • Abbott Laboratories
  • Boston Scientific Corporation
  • Baxter International Inc
  • Medtronic plc
  • Cardinal Health Inc
  • F. Hoffmann-La Roche Ltd
  • GE Healthcare
  • Johnson & Johnson
  • Siemens Healthineers
  • Koninklijke Philips N.V
  • Stryker Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Pediatric Medical Devices Market

Fragmented - Highly competitive market without dominant players


The Pediatric Medical Devices Market is witnessing steady growth, driven by the rising demand for healthcare solutions specifically designed for children. Pediatric devices cater to the unique anatomical and physiological needs of younger patients.

High Device Utilization in Chronic Pediatric Cases
An increase in chronic conditions among children, such as asthma, congenital heart issues, and diabetes, is fueling the demand for specialized devices. Equipment like pediatric monitors, ventilators, and infusion pumps is used in more than 25% of pediatric inpatient settings, supporting critical care and long-term health management in young patients.

Innovative Technologies Enhancing Pediatric Care
Advancements in device miniaturization and digital health integration are transforming pediatric medical care. Devices with features like remote tracking and wireless capabilities now make up nearly 30% of new launches in this space. These technologies help caregivers manage conditions more efficiently and improve care delivery both in and out of hospital settings.

Policy Backing and Funding Incentives
Government initiatives and regulatory encouragement are playing a pivotal role in market growth. Simplified approval pathways and increased grant allocations for pediatric R&D have bolstered innovation. Approximately 20% of healthcare research funding is now dedicated to pediatric technologies, accelerating development and adoption.

Broader Clinical Implementation Trends
There is a growing shift in the adoption of pediatric medical technologies across various healthcare environments, including clinics and home settings. Over 35% of pediatric care institutions report allocating larger portions of their budgets toward child-focused medical devices, underscoring the rising importance of this sector in modern clinical strategies.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By End Users
    3. Market Snapshot, By Region
  4. Global Pediatric Medical Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements in healthcare
        2. Rising pediatric population worldwide
        3. Increasing prevalence of chronic diseases
        4. Growing demand for minimally invasive procedures
        5. Supportive government initiatives
      2. Restraints
        1. Stringent regulatory requirements
        2. High cost of pediatric devices
        3. Limited awareness among consumers
        4. Lack of skilled healthcare professionals
        5. Challenges in pediatric clinical trials
      3. Opportunities
        1. Emerging markets in Asia-Pacific
        2. Innovative product development
        3. Collaborations between industry and academia
        4. Focus on personalized medicine
        5. Telemedicine for pediatric care
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Pediatric Medical Devices Market, By Product, 2021 - 2031 (USD Million)
      1. In Vitro Diagnostic (IVD) Devices
      2. Cardiology Devices
      3. Diagnostic Imaging Devices
      4. Anesthesia & Respiratory Care Devices
      5. Neonatal ICU Devices
      6. Monitoring Devices
      7. Telemedicine
      8. Home-Use Medical Devices
    2. Pediatric Medical Devices Market, By End Users, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Diagnostic Laboratories
      3. Ambulatory Surgical Centers
      4. Others
    3. Pediatric Medical Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Abbott Laboratories
      2. Boston Scientific Corporation
      3. Baxter International Inc
      4. Medtronic plc
      5. Cardinal Health Inc
      6. F. Hoffmann-La Roche Ltd
      7. GE Healthcare
      8. Johnson & Johnson
      9. Siemens Healthineers
      10. Koninklijke Philips N.V
      11. Stryker Corporation
  7. Analyst Views
  8. Future Outlook of the Market