Pediatric Imaging Market Share, Opportunities, Industry 2031

Segments - Pediatric Imaging Market by Modality (Magnetic Resonance Imaging, Ultrasound, Computed Tomography, X-ray, and Others), Applications (Cardiology, Oncology, Gastroenterology, Orthopedics, Neurology, and Others), End-users (Hospitals, Diagnostic Centers, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

Author : Raksha Sharma

Fact-checked by : Vineet Pandey

Editor : Vishal Golekar

Report Description

Pediatric Imaging Market Outlook

The global pediatric imaging market size was valued at USD 6.80 Billion in 2022 and is likely reach to USD 13.15 Billion by 2031, expanding at a CAGR of 7.6% during the forecast period, 2023–2031. The growth of the market is attributed to increasing number of surgical procedures and the rising demand for advanced healthcare practices.

Pediatric imaging is the use of technology to scan or diagnose organ, body parts and tissues, and some other health conditions especially for the pediatric groups such as infants, fetus, children, and young adults.

These imaging procedures are noninvasive and widely considered to be safe. This advanced technology has been adopted in different healthcare settings such as pediatric specialty clinics and hospitals in both developing as well as developed countries.

For instance, Lucile Packard Children’s Hospital Stanford introduced new surgical center that include enabled immediate evaluation of post-surgical interventions and novel hybrid operating suite, in August 2018. Such developments are expected to help in patient safety, minimizing the overall turnaround time and hospital stay, thus, reducing the overall treatment cost.

As per the data published by the Centers for Disease Control and Prevention (CDC), over 8.2 million children in the U.S. are admitted to the emergency department from unexpected injuries such as road traffic, falls, and burns among infants.

The incapability of pediatric patients in explaining the exact problems amplifies the use of effective pediatric imaging solutions. Furthermore, rising incidences of birth defects demand effective imaging technology to reduce complexities.

The Radiological Society of North America and the American College of Radiology launched a new section- RadInfo 4 children on their official website. The website was subjected to provide information about radiology to children and their guardians.

Market Trends, Drivers, Restraints, and Opportunities

Increasing number of surgical procedures and rising demand for advanced healthcare practices are some of the major factors to accelerate the pediatric imaging market growth.
Various government initiatives to promote the novel pediatric imaging technique and raising awareness of the early diagnosis are the key factors driving the market.
Rising concentration of key market players on strategic collaborations to develop advanced modalities and new product development is expected to boost the market growth.
Adoption of advanced technology in different healthcare settings listing pediatric specialty clinics and hospitals in developing as well as developed regions are key factors to propel the growth of the market.
Wide prevalence of pediatric diseases, increasing number of premature births, and high demand for imaging solutions are some of the elements fueling the market growth.
High radiation risk especially in pediatric patients, that is estimated to result in the occurrence of cancer and huge installation cost, are some of the key challenges expected to hamper the market growth.

Scope of Pediatric Imaging Market Report

The report on the global pediatric imaging market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Pediatric Imaging Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Modality (Magnetic Resonance Imaging, Ultrasound, Computed Tomography, X-ray, and Others), Applications (Cardiology, Oncology, Gastroenterology, Orthopedics, Neurology, and Others), and End-users (Diagnostic Centers, Hospitals, and Others),
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Siemens Healthineers; GE Healthcare; Fujifilm Holdings Corporation; Koninklijke Philips N.V.; Samsung Electronics Co., Ltd.; Toshiba Medical Systems Corporation; Agfa Healthcare; and Carestream Health, Inc.

Pediatric Imaging Market Segment Insights

Magnetic resonance imaging segment is expected to grow at a rapid pace

Based on modality, the global pediatric imaging market is classified into magnetic resonance imaging, ultrasound, computed tomography, x-ray, and others. The magnetic resonance imaging segment is expected to grow at a rapid pace during the forecast period due to increasing demand in hospital settings coupled with technological advancements.

However, the ultrasound segment is anticipated to expand at a robust CAGR during the forecast period owing to skilled professionals, easy availability of imaging devices, affordability, and frequent launch of new products.

Orthopedics segment is projected to expand at a considerable CAGR

On the basis of applications, the market is segmented into cardiology, oncology, gastroenterology, orthopedics, neurology, and others. The orthopedics segment is projected to expand at a considerable CAGR during the forecast period due to increasing cases of juvenile arthritis, rising cases of traumatic injuries, and accurate imaging solutions.

On the other hand, the gastroenterology segment is anticipated to account for a major share of the market during the forecast period owing to increasing Inflammatory Bowel Diseases.

Hospitals segment is expected to account for a key market share

In terms of end-users, the global pediatric imaging market is separated into diagnostic centers, hospitals, and others. The hospitals segment is expected to account for a key share of the market in the coming years owing to increasing collaboration activities by market players with hospitals to advance pediatric care.

Meanwhile, the diagnostic centers segment is estimated to exhibit a high growth rate during the forecast period due to inexpensive imaging due to a reduction in hospitalization and associated costs.

Pediatric Imaging Market Regional Outlook

North America is anticipated to constitute a key market share

In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of North America is anticipated to constitute a key share of the market owing to favorable reimbursement policies along with rising research and innovation by key regional players.

The market of Asia Pacific, however, is anticipated to represent a substantial growth rate during the forecast period due to growing penetration of market players in the developing countries and rising prevalence of pediatric diseases in the region.

Segments

Modality

Ultrasound
Magnetic Resonance Imaging (MRI)
Computed Tomography (CT)
X-ray
Others

Applications

Oncology
Cardiology
Orthopedics/Trauma
Gastroenterology
Neurology
Others

End-users

Hospitals
Diagnostic Centers
Others

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Siemens Healthineers
GE Healthcare
Fujifilm Holdings Corporation
Koninklijke Philips N.V.
Samsung Electronics Co., Ltd.
Toshiba Medical Systems Corporation
Agfa Healthcare
Carestream Health, Inc.

Competitive Landscape

Key players competing in the global pediatric imaging market are Siemens Healthineers; GE Healthcare; Fujifilm Holdings Corporation; Koninklijke Philips N.V.; Samsung Electronics Co., Ltd.; Toshiba Medical Systems Corporation; Agfa Healthcare; and Carestream Health, Inc.

The main market players are continuously indulging in several market activities such as mergers and acquisitions, research and developments, investments for innovative products and collaborations to enhance their market position.

Pediatric Imaging Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pediatric Imaging Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Pediatric Imaging Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Pediatric Imaging Market - Supply Chain
  4.5. Global Pediatric Imaging Market Forecast
     4.5.1. Pediatric Imaging Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Pediatric Imaging Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Pediatric Imaging Market Absolute $ Opportunity
5. Global Pediatric Imaging Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Pediatric Imaging Market Size and Volume Forecast by Applications
     5.3.1. Oncology
     5.3.2. Cardiology
     5.3.3. Orthopedics/Trauma
     5.3.4. Gastroenterology
     5.3.5. Neurology
     5.3.6. Others
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Pediatric Imaging Market Analysis and Forecast by End Users
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by End Users
     6.2.2. Y-o-Y Growth Projections by End Users
  6.3. Pediatric Imaging Market Size and Volume Forecast by End Users
     6.3.1. Hospitals
     6.3.2. Diagnostic Centers
     6.3.3. Others
  6.4. Absolute $ Opportunity Assessment by End Users
  6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Pediatric Imaging Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Pediatric Imaging Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Pediatric Imaging Demand Share Forecast, 2019-2026
8. North America Pediatric Imaging Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Pediatric Imaging Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Pediatric Imaging Market Size and Volume Forecast by Applications
     8.4.1. Oncology
     8.4.2. Cardiology
     8.4.3. Orthopedics/Trauma
     8.4.4. Gastroenterology
     8.4.5. Neurology
     8.4.6. Others
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. North America Pediatric Imaging Market Size and Volume Forecast by End Users
     8.7.1. Hospitals
     8.7.2. Diagnostic Centers
     8.7.3. Others
  8.8. Basis Point Share (BPS) Analysis by End Users
  8.9. Y-o-Y Growth Projections by End Users
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Pediatric Imaging Demand Share Forecast, 2019-2026
9. Latin America Pediatric Imaging Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Pediatric Imaging Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Pediatric Imaging Market Size and Volume Forecast by Applications
     9.4.1. Oncology
     9.4.2. Cardiology
     9.4.3. Orthopedics/Trauma
     9.4.4. Gastroenterology
     9.4.5. Neurology
     9.4.6. Others
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Latin America Pediatric Imaging Market Size and Volume Forecast by End Users
     9.7.1. Hospitals
     9.7.2. Diagnostic Centers
     9.7.3. Others
  9.8. Basis Point Share (BPS) Analysis by End Users
  9.9. Y-o-Y Growth Projections by End Users
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Pediatric Imaging Demand Share Forecast, 2019-2026
10. Europe Pediatric Imaging Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Pediatric Imaging Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Pediatric Imaging Market Size and Volume Forecast by Applications
     10.4.1. Oncology
     10.4.2. Cardiology
     10.4.3. Orthopedics/Trauma
     10.4.4. Gastroenterology
     10.4.5. Neurology
     10.4.6. Others
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Europe Pediatric Imaging Market Size and Volume Forecast by End Users
     10.7.1. Hospitals
     10.7.2. Diagnostic Centers
     10.7.3. Others
  10.8. Basis Point Share (BPS) Analysis by End Users
  10.9. Y-o-Y Growth Projections by End Users
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Pediatric Imaging Demand Share Forecast, 2019-2026
11. Asia Pacific Pediatric Imaging Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Pediatric Imaging Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Pediatric Imaging Market Size and Volume Forecast by Applications
     11.4.1. Oncology
     11.4.2. Cardiology
     11.4.3. Orthopedics/Trauma
     11.4.4. Gastroenterology
     11.4.5. Neurology
     11.4.6. Others
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Asia Pacific Pediatric Imaging Market Size and Volume Forecast by End Users
     11.7.1. Hospitals
     11.7.2. Diagnostic Centers
     11.7.3. Others
  11.8. Basis Point Share (BPS) Analysis by End Users
  11.9. Y-o-Y Growth Projections by End Users
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Pediatric Imaging Demand Share Forecast, 2019-2026
12. Middle East & Africa Pediatric Imaging Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Pediatric Imaging Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Pediatric Imaging Market Size and Volume Forecast by Applications
     12.4.1. Oncology
     12.4.2. Cardiology
     12.4.3. Orthopedics/Trauma
     12.4.4. Gastroenterology
     12.4.5. Neurology
     12.4.6. Others
  12.5. Basis Point Share (BPS) Analysis by Applications
  12.6. Y-o-Y Growth Projections by Applications
  12.7. Middle East & Africa Pediatric Imaging Market Size and Volume Forecast by End Users
     12.7.1. Hospitals
     12.7.2. Diagnostic Centers
     12.7.3. Others
  12.8. Basis Point Share (BPS) Analysis by End Users
  12.9. Y-o-Y Growth Projections by End Users
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Pediatric Imaging Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Pediatric Imaging Market: Market Share Analysis
  13.2. Pediatric Imaging Distributors and Customers
  13.3. Pediatric Imaging Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Siemens Healthineers
     13.4.2. GE Healthcare
     13.4.3. Fujifilm Holdings Corporation
     13.4.4. Koninklijke Philips N.V.
     13.4.5. Samsung Electronics Co., Ltd.
     13.4.6. Toshiba Medical Systems Corporatio