Pediatric Radiology Market Report: Trends, Forecast and Competitive Analysis to 2030

Pediatric Radiology Trends and Forecast

The future of the global pediatric radiology market looks promising with opportunities in the hospital and diagnostic center markets. The global pediatric radiology market is expected to reach an estimated $8.5 billion by 2030 with a CAGR of 5.7% from 2024 to 2030. The major drivers for this market are rise in the prevalence of pneumonia in children, advancements in imaging technology, and healthcare facilities are increasingly focusing on providing child-centered care.

A more than 150-page report is developed to help in your business decisions.

Pediatric Radiology by Segment

The study includes a forecast for the global pediatric radiology by type, application, end use, and region.

Pediatric Radiology Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Ultrasound
• Magnetic Resonance Imaging
• Computed Tomography
• X-Ray
• Others

Pediatric Radiology Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Oncology
• Orthopedics
• Cardiology
• Neurology
• Gastroenterology
• Others

Pediatric Radiology Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Hospitals
• Diagnostic Centers
• Others

Pediatric Radiology Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Pediatric Radiology Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies pediatric radiology companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the pediatric radiology companies profiled in this report include-

• Samsung Electronics
• Canon Medical Systems
• Agfa Healthcare
• Medtronic
• Siemens
• Carestream Health
• Hitachi Healthcare

Pediatric Radiology Market Insights

Lucintel forecasts that magnetic resonance imaging (MRI) is expected to witness highest growth over the forecast period due to the increasing prevalence of pediatric diseases, technological advancements in MRI systems, and growing awareness among parents towards the benefits of non-invasive imaging procedures for children.

Within this market, hospitals will remain the largest segment due to availability of skilled medical professionals and advanced healthcare infrastructure, and increase in number of patients visits in hospitals.

North America will remain the largest region during the forecast period due to the increasing prevalence of targeted diseases, rise in healthcare expenditure, and presence of key players in the region.

Features of the Global Pediatric Radiology Market

Market Size Estimates: Pediatric radiology market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Pediatric radiology market size by type, application, end use, and region in terms of value ($B).

Regional Analysis: Pediatric radiology market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, end uses, and regions for the pediatric radiology market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the pediatric radiology market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the pediatric radiology market size?

Answer: The global pediatric radiology market is expected to reach an estimated $8.5 billion by 2030.

Q.2 What is the growth forecast for pediatric radiology market?

Answer: The global pediatric radiology market is expected to grow with a CAGR of 5.7% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the pediatric radiology market?

Answer: The major drivers for this market are rise in the prevalence of pneumonia in children, advancements in imaging technology, and healthcare facilities are increasingly focusing on providing child-centered care .

Q4. What are the major segments for pediatric radiology market?

Answer: The future of the pediatric radiology market looks promising with opportunities in the hospital and diagnostic center markets.

Q5. Who are the key pediatric radiology market companies?

Answer: Some of the key pediatric radiology companies are as follows:

• Samsung Electronics
• Canon Medical Systems
• Agfa Healthcare
• Medtronic
• Siemens
• Carestream Health
• Hitachi Healthcare

Q6. Which pediatric radiology market segment will be the largest in future?

Answer: Lucintel forecasts that magnetic resonance imaging (MRI) is expected to witness highest growth over the forecast period due to the increasing prevalence of pediatric diseases, technological advancements in MRI systems, and growing awareness among parents towards the benefits of non-invasive imaging procedures for children.

Q7. In pediatric radiology market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region during the forecast period due to the increasing prevalence of targeted diseases, rise in healthcare expenditure, and presence of key players in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the pediatric radiology market by type (ultrasound, magnetic resonance imaging, computed tomography, X-ray, and others), application (oncology, orthopedics, cardiology, neurology, gastroenterology, and others), end use (hospitals, diagnostic centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?