New York, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Market Overview The Global Pediatric Medical Device Market is projected to reach USD 34.9 billion in 2024 and is expected to grow to USD 70.
3 billion by 2033, with a CAGR of 8.1% . The pediatric medical device market is expanding at a constant rate around the world because of a higher requirement for medical equipment for kids.
This market consists of cardiology devices, diagnostic imaging devices, respiratory care devices, and neonatal ICU devices for children with chronic diseases including congenital cardiovascular diseases, asthma, and diabetics. The two technologies which include artificial intelligence and machine learning help improve the performance as well as the safety of the devices, therefore improving the diagnosis and the results of the treatment given to the patients. Click to Request Sample Report and Drive Impactful Decisions: https://dimensionmarketresearch.
com/report/pediatric-medical-device-market/request-sample/ The US Pediatric Medical Device Market The US Pediatric Medical Device market is projected to reach USD 11.6 billion in 2024 and grow to USD 22.4 billion by 2033 at a CAGR of 7.
6%. This growth is precipitated by the incorporation of advanced technologies like artificial intelligence in overseeing pediatric conditions like asthma. Technological advancements and innovations in portable devices & improved funding for pediatric innovations are emerging trends.
Wearable devices and telemedicine are evolving .