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

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

Pediatric Neurology Device Trends and Forecast

The future of the global pediatric neurology device market looks promising with opportunities in the hospital and ambulatory surgery center markets. The global pediatric neurology device market is expected to reach an estimated $3.9 billion by 2030 with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are increasing prevalence of pediatric neurological disorders, growing demand for early intervention, and rising healthcare expenditure.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Pediatric Neurology Device by Segment

The study includes a forecast for the global pediatric neurology device by product type, condition, end use, and region.

Pediatric Neurology Device Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Neurostimulation Devices
• Neurosurgery Devices
• Interventional Neurology Devices
• Cerebrospinal Fluid Management Devices
• Others

Pediatric Neurology Device Market by Condition [Shipment Analysis by Value from 2018 to 2030]:

• Stroke
• Seizures
• Hydrocephalus
• Oncology
• Others

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

• Hospitals
• Ambulatory Surgery Centers
• Others

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

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

List of Pediatric Neurology Device 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 neurology device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the pediatric neurology device companies profiled in this report include-

• Abbott Laboratories
• B. Braun Melsungen
• Boston Scientific
• Integra LifeSciences
• KARL STORZ
• LivaNova
• Medtronic
• Natus Medical
• Stryker
• Zimmer Biomet

Pediatric Neurology Device Market Insights

Lucintel forecasts that cerebrospinal fluid management device will remain the largest segment over the forecast period due to easy availability of various types of cerebrospinal fluid management devices developed by different key players.

Within this market, hospital will remain the largest segment due to increasing inclination towards hospitals for treating illnesses by the general population and ease of access for patients when admitted into a hospital after covid-19 pandemics.

North America will remain the largest region over the forecast period due to growing incidence of rate of neurological disease like seizures and hydrocephalus among pediatric population and presence of market players available in the region.

Features of the Global Pediatric Neurology Device Market

Market Size Estimates: Pediatric neurology device 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 neurology device market size by product type, condition, end use, and region in terms of value ($B).

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

Growth Opportunities: Analysis of growth opportunities in different product types, conditions, end uses, and regions for the pediatric neurology device market.

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

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

FAQ

Q1. What is the pediatric neurology device market size?

Answer: The global pediatric neurology device market is expected to reach an estimated $3.9 billion by 2030.

Q2. What is the growth forecast for pediatric neurology device market?

Answer: The global pediatric neurology device market is expected to grow with a CAGR of 6.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the pediatric neurology device market?

Answer: The major drivers for this market are increasing prevalence of pediatric neurological disorders, growing demand for early intervention and rising healthcare expenditure.

Q4. What are the major segments for pediatric neurology device market?

Answer: The future of the pediatric neurology device market looks promising with opportunities in the hospital and ambulatory surgery center markets.

Q5. Who are the key pediatric neurology device market companies?

Answer: Some of the key pediatric neurology device companies are as follows:

• Abbott Laboratories
• B. Braun Melsungen
• Boston Scientific
• Integra LifeSciences
• KARL STORZ
• LivaNova
• Medtronic
• Natus Medical
• Stryker
• Zimmer Biomet

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

Answer: Lucintel forecasts that cerebrospinal fluid management device will remain the largest segment over the forecast period due to easy availability of various types of cerebrospinal fluid management devices developed by different key players.

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

Answer: North America will remain the largest region over the forecast period due to growing incidence of rate of neurological disease like seizures and hydrocephalus among pediatric population and presence of market players available 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 neurology device market by product type (neurostimulation devices, neurosurgery devices, interventional neurology devices, cerebrospinal fluid management devices, and others), condition (stroke, seizures, hydrocephalus, oncology, and others), end use (hospitals, ambulatory surgery 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?

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