Global Pediatric Radiology Market 2018, Comprehensive Analysis, Industry Survey, Growth and Major Policies Report
The Infinium Global Research analyzes the Pediatric Radiology Market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global pediatric radiology market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of pediatric radiology. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the pediatric radiology market during the period. The global pediatric radiology market is projected to grow at a CAGR of 6% over the forecast period of 2018-2024.
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Pediatric radiology is a subspecialty of diagnostic radiology used in the diagnosis of illness, injuries, and diseases of infants, children, and adolescents. Pediatric radiology uses imaging techniques and equipment for diagnosis. Pediatric radiology includes services such as ultrasound, X-ray, magnetic resonance imaging, nuclear resonance, and computed tomography. Pediatric radiology includes a broad spectrum of normal and abnormal variants which differentiates it from general radiology. Pediatric radiologists are highly trained with specialized knowledge about illness and medical conditions of infants, children, and young people. Pediatric radiologists select the best imaging technique to analyze medical and surgical problems. The global pediatric radiology market is projected to grow at a CAGR of 6% over the forecast period of 2018-2024.
Rising Prevalence of Pediatric Injuries, Damages to Organs and Increasing Complications in Childbirth Drive the Pediatric Radiology Market
The rising prevalence of pediatric injuries, damages to organs, and increased complications in childbirth drive the pediatric radiology market. Pediatric radiology techniques are becoming popular to diagnose disorders before they turn into major problems for children. Increasing demand for radiology procedures and IT integration in radiology contributes to the growth of the pediatric radiology market. On the other side, a lack of knowledge may hinder the growth of the pediatric radiology market. Moreover, technological advancement in pediatric radiology creates an opportunity for the growth of the pediatric radiology market.
Pediatric Radiology Market: Segmentation
The pediatric radiology market is segmented on the basis of end-user and applications. Based on end-users, the pediatric radiology market is classified into hospitals, pediatric clinics, and diagnostic centers. The hospital segment is expected to be dominant in the pediatric radiology market. And based on application, the pediatric radiology market is classified into pediatric ultrasound, radiographic imaging, pediatric X-ray, pediatric CT scan, pediatric MRI or fetal MRI, and fluoroscopy. X-ray in the pediatric radiology application segment is expected to be dominant in the pediatric radiology market.
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North America is Expected to Dominate the Pediatric Radiology Market
Geographically, the pediatric radiology market is categorized into North America, Europe, Asia-Pacific, and the Rest of the World. North America is expected to dominate the pediatric radiology market. North America has a well-established healthcare infrastructure and a high rate of adoption of technology in medical sciences is contributing to the growth of the pediatric radiology market. Asia-Pacific region is anticipated to grow in the pediatric radiology market due to increasing pediatric disorders.
Pediatric Radiology Market: Competitive Analysis
The key players in the pediatric radiology market are Fujifilm Corporation, Analogic Corporation, Koninklijke Philips N.V., General Electric Company, Samsung Medison Co. Ltd., Siemens AG, Mindray Medical International Limited, Toshiba Corporation, Esaote SpA, and Hitachi, Ltd. Key players are focusing on mergers, acquisitions, and collaborations to maintain their market position. For instance, in 2018, Hitachi Ltd. has acquired VidiStar. Hitachi is the leading provider of medical imaging modalities. VidiStar provides a cloud-based diagnostic viewer and customizable structured solution for medical imaging and clinical decision support.
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of pediatric radiology.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.