Global Pediatric Medical Devices Market Size & Outlook

The pediatric medical devices worldwide is expected to reach a projected revenue of US$ 51,880.0 million by 2030. A compound annual growth rate of 7.8% is expected of the worldwide pediatric medical devices from 2024 to 2030.

Revenue, 2023 (US$M)
$30,671.9
Forecast, 2030 (US$M)
$51,880.0
CAGR, 2024 - 2030
7.8%
Report Coverage
Worldwide

Global pediatric medical devices highlights

  • The global pediatric medical devices generated a revenue of USD 30,671.9 million in 2023 and is expected to reach USD 51,880.0 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 7.8% by 2030.
  • In terms of segment, in vitro diagnostic (ivd) devices accounted for a revenue of USD 6,870.4 million in 2023.
  • Anesthesia and Respiratory Care Devices is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 30,671.9 million
Market revenue in 2030USD 51,880.0 million
Growth rate7.8% (CAGR from 2023 to 2030)
Largest segmentIn vitro diagnostic (ivd) devices
Fastest growing segmentAnesthesia and Respiratory Care Devices
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCardiology Devices, In Vitro Diagnostic (IVD) Devices, Diagnostic Imaging Devices, Anesthesia and Respiratory Care Devices, Neonatal ICU Devices

Other key industry trends

  • In terms of revenue, the North America accounted for 38.4% of the global pediatric medical devices in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Argentina is the fastest growing regional market and is projected to reach USD 314.9 million by 2030.

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Pediatric Medical Devices Companies

Name Profile # Employees HQ Website

Global pediatric medical devices outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pediatric medical devices will help companies and investors design strategic landscapes.


in vitro diagnostic (ivd) devices was the largest segment with a revenue share of 22.4% in 2023. Horizon Databook has segmented the Global pediatric medical devices based on cardiology devices, in vitro diagnostic (ivd) devices, diagnostic imaging devices, anesthesia and respiratory care devices, neonatal icu devices covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Pediatric Medical Devices Product Outlook (Revenue, USD Million, 2018-2030)
    • Cardiology Devices
    • In Vitro Diagnostic (IVD) Devices
    • Diagnostic Imaging Devices
    • Anesthesia and Respiratory Care Devices
    • Neonatal ICU Devices
    • Others
  • Global Pediatric Medical Devices End Use Outlook (Revenue, USD Million, 2018-2030)
    • Hospitals
    • Pediatric Clinics
    • Ambulatory Surgery Centers
    • Others

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Target buyers of Global pediatric medical devices databook

  • Our clientele includes a mix of pediatric medical devices companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global pediatric medical devices, including forecasts for subscribers. This global databook contains high-level insights into Global pediatric medical devices from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global pediatric medical devices market report statistics, by regions, 2018-2030 (US$M)

Top 10 countries: Pediatric medical devices market report size, 2023 (USD Million)

Top 10 countries: Pediatric medical devices market report size, 2023 (USD Million)

Global pediatric medical devices, by region, 2023 (US$M)

Global pediatric medical devices market report statistics, by regions, 2018-2030 (US$M)

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