Global Pediatric Medical Devices Market: Regional Insights
Based on geography, the pediatric medical devices market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
Among regions, North America is expected to gain highest share in the market over the forecast period owing to the increasing burden of disease in pediatric populations and increase in focus on pediatric healthcare in the region. For instance, according to the Centers for Disease Control and Prevention (CDC), around 8.4% (or over 6 million) of children in the United States have asthma. Asthma is a chronic disease that has a high morbidity rate and a comparatively low mortality rate overall. Asthma is a serious disease causing wheezing, difficulty breathing, and coughing. Over a lifetime, it can cause permanent lung damage.
Europe is also expected to witness robust growth in the global pediatric medical devices market due to the rising incidence of chronic illnesses in children and increase in awareness among people in this region. For instance, according to the Royal College of Paediatrics and Child Health (the professional body for paediatricians in the U.K.), asthma is the most common long term condition among children and young people, with 1.1 million children currently receiving asthma treatment. Moreover, it continues to be among the top 10 causes of emergency hospital admission for children and young people in the U.K., driving the market growth.
Pediatric Medical Devices Market Report Snapshots
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