Paediatric Healthcare
Paediatric Healthcare Market by Treatment (Immunotherapy, Medications, Surgeries), Indication (Asthma & Allergies, Cardiac Disorders, Genetic Disorders), End-User - Global Forecast 2024-2030
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[194 Pages Report] The Paediatric Healthcare Market size was estimated at USD 107.01 billion in 2023 and expected to reach USD 114.55 billion in 2024, at a CAGR 7.53% to reach USD 177.94 billion by 2030.

Pediatric healthcare is a branch of medicine pertaining to the provision of medical care to infants, children, and adolescents. The age range typically considered for pediatric care is from birth up to 18 years. This field of healthcare encompasses a wide range of services, including prophylactic health care for healthy children and medical care for those who are acutely and chronically ill. Growing awareness among child parents of the need for adequate treatment, supported by rising government support and initiatives to promote pediatric health, has significantly contributed to the growth of the market. In addition, increasing investments in research & development for pediatric-specific medical devices and pharmaceuticals have a positive impact on market expansion. Despite the growth, the market faces several challenges, including high costs associated with pediatric care and specialty drugs, a shortfall in pediatric healthcare professionals, and uneven access to healthcare services across different regions. Regulatory hurdles for the approval of pediatric pharmaceuticals and devices also constitute significant limitations, as does the complexity of managing diverse health issues in a pediatric population. Technological advancements in neonatal and pediatric care equipment create lucrative opportunities for market growth. Additionally, the market sees potential in expanding access through telehealth services tailored for children and in integrating AI and machine learning to improve pediatric diagnostic and treatment protocols.

Regional Insights

In the American region, pediatric healthcare is characterized by a combination of private and public funding, with an emphasis on innovation in treatment and drug development. Consumer needs are heavily influenced by the availability of advanced healthcare infrastructure and a strong focus on preventive care. Customer purchasing behavior leans towards providers that offer comprehensive services and holistic care. Investments in pediatric research are significant, with initiatives often funded through public-private partnerships. The European Union presents a diverse healthcare landscape with varying levels of access and quality. The common trend towards equitable healthcare systems is built on universal coverage. Consumer needs in pediatric healthcare focus on integrative services that address both the physiological and psychological aspects of child development. Emerging research within EU countries often explores the efficacy of pediatric treatments and health system improvements. The European Commission supports several research initiatives and collaborations aimed at enhancing pediatric healthcare. The APAC market is rapidly growing, with government policies favoring expanded coverage and improved healthcare access for children. Countries including China, India, and Japan are seeing significant research investment, particularly in the development of pediatric drugs and vaccines.

Paediatric Healthcare Market
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Market Dynamics

The market dynamics represent an ever-changing landscape of the Paediatric Healthcare Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

  • Market Drivers
    • Increasing number of deaths attributed to viral infections and malnutrition
    • Rising government support and initiatives to promote pediatric health
    • Growing awareness among child parents for adequate treatment
  • Market Restraints
    • Ethical concerns and small size of the study population
  • Market Opportunities
    • Growing research and development in technological advancements
    • Surge in medical expenditure in emerging economies
  • Market Challenges
    • Lack of pediatricians across the globe
Market Segmentation Analysis
  • Treatment: Expanding usage of pediatric healthcare for immunotherapy for a myriad of health conditions

    Immunotherapy represents a promising frontier in pediatric healthcare, offering targeted treatments that harness and modulate the immune system to fight diseases, particularly cancer and chronic autoimmune disorders. In the pediatric population, immunotherapy includes treatments such as monoclonal antibodies, vaccine therapy, and immune checkpoint inhibitors, which have been adapted for use in children with various malignancies and immune system dysfunctions. Medications for pediatric patients are a cornerstone of treatment for a myriad of health conditions. These medications must be carefully dosed according to the child's age, weight, and health status to minimize side effects and ensure efficacy. Drug formulations for children are often distinct from adult formulations, sometimes requiring liquid suspensions, chewable tablets, or dissolvable strips to facilitate administration. Surgeries in pediatric healthcare cater to a range of complex conditions that might be congenital or acquired. Pediatric surgeons are trained to operate on infants, children, and adolescents, ensuring that procedures are adapted to the physiological characteristics of younger patients. Common surgeries include procedures for congenital heart defects, removal of tumors, organ transplants, and corrective surgeries for orthopedic anomalies.

  • Indication: Growing need for effective, age-appropriate medications in pediatric healthcare to manage asthma & allergies

    Asthma & allergies are common chronic conditions afflicting children. The market for pediatric asthma and allergy products is driven by the need for effective, age-appropriate medications and devices. Treatments include inhalers, nebulizers, antihistamines, and immunotherapies targeted to children's needs and physiological differences compared to adults. Cardiac disorders in the pediatric population, though less common, require specialized care and treatment options. This market segment prioritizes the availability of congenital heart defect repair devices, pediatric ventricular assist devices, and age-specific cardiac medications. Genetic disorders in children, such as cystic fibrosis, Duchenne muscular dystrophy, and rare chromosomal anomalies, have bespoke therapeutic needs. Treatment approaches include gene therapy, enzyme replacement therapies, and disease-modifying treatments. Metabolic disorders in children, such as Type 1 diabetes and inborn errors of metabolism, require continuous monitoring and lifelong management.

  • End-User: Growing usage of pediatric healthcare across hospitals & clinics that offer a wide range of services

    Ambulatory care centers are healthcare facilities where patients receive outpatient services, including diagnosis, observation, treatment, and rehabilitation services that do not require an overnight hospital stay. For pediatric patients, these centers are particularly appealing due to their convenience, reduced cost, and less intimidating environment compared with hospitals. Homecare settings involve healthcare services provided in a patient's home. Pediatric homecare can be critical for families with children who have chronic conditions or special needs or are recovering from surgery or lengthy hospital stays. Hospitals & clinics represent one of the largest segments of pediatric healthcare providers. They offer a wide range of services from general pediatric care to specialized treatments and surgeries.

Market Disruption Analysis

The market disruption analysis delves into the core elements associated with market-influencing changes, including breakthrough technological advancements that introduce novel features, integration capabilities, regulatory shifts that could drive or restrain market growth, and the emergence of innovative market players challenging traditional paradigms. This analysis facilitates a competitive advantage by preparing players in the Paediatric Healthcare Market to pre-emptively adapt to these market-influencing changes, enhances risk management by early identification of threats, informs calculated investment decisions, and drives innovation toward areas with the highest demand in the Paediatric Healthcare Market.

Porter’s Five Forces Analysis

The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Paediatric Healthcare Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.

Value Chain & Critical Path Analysis

The value chain of the Paediatric Healthcare Market encompasses all intermediate value addition activities, including raw materials used, product inception, and final delivery, aiding in identifying competitive advantages and improvement areas. Critical path analysis of the <> market identifies task sequences crucial for timely project completion, aiding resource allocation and bottleneck identification. Value chain and critical path analysis methods optimize efficiency, improve quality, enhance competitiveness, and increase profitability. Value chain analysis targets production inefficiencies, and critical path analysis ensures project timeliness. These analyses facilitate businesses in making informed decisions, responding to market demands swiftly, and achieving sustainable growth by optimizing operations and maximizing resource utilization.

Pricing Analysis

The pricing analysis comprehensively evaluates how a product or service is priced within the Paediatric Healthcare Market. This evaluation encompasses various factors that impact the price of a product, including production costs, competition, demand, customer value perception, and changing margins. An essential aspect of this analysis is understanding price elasticity, which measures how sensitive the market for a product is to its price change. It provides insight into competitive pricing strategies, enabling businesses to position their products advantageously in the Paediatric Healthcare Market.

Technology Analysis

The technology analysis involves evaluating the current and emerging technologies relevant to a specific industry or market. This analysis includes breakthrough trends across the value chain that directly define the future course of long-term profitability and overall advancement in the Paediatric Healthcare Market.

Patent Analysis

The patent analysis involves evaluating patent filing trends, assessing patent ownership, analyzing the legal status and compliance, and collecting competitive intelligence from patents within the Paediatric Healthcare Market and its parent industry. Analyzing the ownership of patents, assessing their legal status, and interpreting the patents to gather insights into competitors' technology strategies assist businesses in strategizing and optimizing product positioning and investment decisions.

Trade Analysis

The trade analysis of the Paediatric Healthcare Market explores the complex interplay of import and export activities, emphasizing the critical role played by key trading nations. This analysis identifies geographical discrepancies in trade flows, offering a deep insight into regional disparities to identify geographic areas suitable for market expansion. A detailed analysis of the regulatory landscape focuses on tariffs, taxes, and customs procedures that significantly determine international trade flows. This analysis is crucial for understanding the overarching legal framework that businesses must navigate.

Regulatory Framework Analysis

The regulatory framework analysis for the Paediatric Healthcare Market is essential for ensuring legal compliance, managing risks, shaping business strategies, fostering innovation, protecting consumers, accessing markets, maintaining reputation, and managing stakeholder relations. Regulatory frameworks shape business strategies and expansion initiatives, guiding informed decision-making processes. Furthermore, this analysis uncovers avenues for innovation within existing regulations or by advocating for regulatory changes to foster innovation.

Before discovering the Paediatric Healthcare Market Research Report by 360iResearch, we struggled with navigating the complex landscape of rising medical expenditures in emerging economies. The detailed and actionable insights provided by the report were a game-changer, enabling us to strategize effectively. Specifically, the report's analysis helped us optimize our budget and streamline our operations, driving significant improvements in efficiency. We're incredibly satisfied with how this report has positively impacted our organization's growth and operations.
Abbott Laboratories
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FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Paediatric Healthcare Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Paediatric Healthcare Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments
  • Cortica Closes USD 75 Million in New Funding Round and Acquires Springtide Child Development

    Cortica, a provider of full-spectrum autism services led by physicians, has successfully raised USD 75 million in a funding round spearheaded by Deerfield Management and Optum Ventures. Furthermore, Cortica has broadened its influence in pediatric healthcare through the acquisition of the Melmed Center, a developmental pediatrics clinic and research institution in Arizona. Cortica's expansion now encompasses 23 integrated autism centers nationwide, indicating a significant advancement in its mission to deliver comprehensive care to children with developmental differences. [Published On: 2023-04-18]

  • Pediatric Behavioral Health Provider Bend Health Moves Out of Stealth Mode with USD 32M in Funding

    Based in Madison, Wisconsin, Bend Health, a telebehavioral health enterprise specializing in pediatric services, has successfully closed a USD 32 million funding round. This significant financial milestone propels the startup from its beginnings towards national expansion, allowing for enhancements to operational processes and the recruitment of additional clinical experts. [Published On: 2023-03-23]

  • Ipsen to Acquire Albireo Accelerating Growth in Rare Disease with Treatments for Several Pediatric Liver Diseases

    Ipsen Pharma has announced a definitive agreement to acquire Albireo, a company specializing in the development of bile-acid modulators designed to treat pediatric and adult cholestatic liver diseases. This strategic move is set to enhance Ipsen's rare disease portfolio, particularly with Albireo's flagship product, Bylvay (odevixibat), which is an FDA and EMA-approved treatment for pruritus associated with progressive familial intrahepatic cholestasis (PFIC) in young patients. [Published On: 2023-01-09]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Paediatric Healthcare Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Before using the Paediatric Healthcare Market Research Report by 360iResearch, we struggled to understand the growing concerns among parents regarding adequate treatment for their children. The report provided us with valuable insights and actionable strategies that we implemented immediately. These insights not only clarified the market landscape but also equipped us to address parental concerns effectively. As a result, we have seen a significant increase in client satisfaction and engagement, which has positively impacted our overall operations. We are extremely satisfied with the precision and relevance of the findings in the report.
Interim HealthCare Inc.
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Key Company Profiles

The report delves into recent significant developments in the Paediatric Healthcare Market, highlighting leading vendors and their innovative profiles. These include Abbott Laboratories, Interim HealthCare Inc., Becton, Dickinson and Company, Henin Lukinz Pvt. Ltd., Pfizer Inc., The Procter & Gamble Company, Medexus Pharmaceuticals, Inc., Medtronic PLC, Thermo Fisher Scientific, Inc., Eisai Co., Ltd., Strykar Corporation, Aveanna Healthcare, LLC., Siemens AG, Novartis AG, Johnson & Johnson Services, Inc., GP Pharm, S.A., Boehringer Ingelheim International GmbH, Viatris Inc., Merck KGaA, Glaxosmithkline PLC, Royal Philips, Proveca Ltd., Eli Lilly and Company, Enviva Inc., bioMérieux SA, ORPHELIA Pharma, Gilead Sciences, Inc., Sanofi S.A, AstraZeneca PLC, Olympus Corporation, and Janssen Global Services LLC.

Paediatric Healthcare Market - Global Forecast 2024-2030
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Market Segmentation & Coverage

This research report categorizes the Paediatric Healthcare Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Treatment
    • Immunotherapy
    • Medications
    • Surgeries
  • Indication
    • Asthma & Allergies
    • Cardiac Disorders
    • Genetic Disorders
    • Metabolic Disorders
  • End-User
    • Ambulatory Care Centers
    • Homecare Settings
    • Hospitals & Clinics

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

"Before utilizing the Paediatric Healthcare Market Research Report from 360iResearch, navigating the evolving landscape of pediatric health was challenging. However, the report’s comprehensive insights and actionable strategies—especially regarding rising government support and initiatives to promote pediatric health—have been transformative. We've been able to align our strategies with market trends and government policies better, leading to improved planning and execution of our pediatric health initiatives. This report has significantly enhanced our decision-making process, yielding measurable benefits. We highly recommend 360iResearch for their invaluable market insights and strategic guidance."
Becton, Dickinson and Company
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This research report offers invaluable insights into various crucial aspects of the Paediatric Healthcare Market:

  1. Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
  2. Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
  3. Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
  4. Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
  5. Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.

Additionally, the report addresses key questions to assist stakeholders in making informed decisions:

  1. What is the current market size and projected growth?
  2. Which products, segments, applications, and regions offer promising investment opportunities?
  3. What are the prevailing technology trends and regulatory frameworks?
  4. What is the market share and positioning of the leading vendors?
  5. What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Paediatric Healthcare Market, by Treatment
  7. Paediatric Healthcare Market, by Indication
  8. Paediatric Healthcare Market, by End-User
  9. Americas Paediatric Healthcare Market
  10. Asia-Pacific Paediatric Healthcare Market
  11. Europe, Middle East & Africa Paediatric Healthcare Market
  12. Competitive Landscape
  13. Competitive Portfolio
  14. List of Figures [Total: 22]
  15. List of Tables [Total: 288]
  16. List of Companies Mentioned [Total: 31]
Technological Advancements Revolutionizing Paediatric Healthcare
January 1, 2024
BLOG
Technological Advancements Revolutionizing Paediatric Healthcare
Imagine a world where healthcare can be delivered at the comfort of your home with one click. A world where doctors can diagnose diseases without invasive procedures or taking blood samples. The healthcare industry is rapidly growing and embracing technological advancements, making things more convenient and efficient for patients. Paediatric healthcare is one such field that has seen massive growth with the help of technology, making it possible to treat even the most complex medical conditions in children. This blog post discusses how technological advancements are revolutionizing paediatric healthcare for a better future.

Remote Patient Monitoring:

Remote patient monitoring is a revolutionary tool that enables paediatricians to monitor and track the health of their young patients virtually. With the use of wearables and connected devices, paediatricians can monitor vital signs, such as heart rate, blood pressure, oxygen levels, etc., remotely and can easily identify any changes which could indicate the onset of an illness. The data collected from these devices are analyzed and used to customize treatment plans, making it easier for paediatricians to provide better care for their patients.

Electronic Health Records (EHRs):

Electronic health records have transformed paediatric healthcare by digitizing medical records, making it easier for doctors to access patient health information from anywhere at any time. With traditional paper records, there was always the risk of misplacing or losing medical records, leading to grave consequences. The use of EHRs has eliminated this problem and sped up the diagnosis and treatment process.

Medical Imaging:

Medical imaging technology has always been an essential tool in paediatric healthcare. Advances in imaging technology, such as Magnetic Resonance Imaging (MRI) and Computerized Tomography (CT), have provided paediatricians with a non-invasive way to diagnose and monitor illnesses in children. These imaging technologies provide detailed images of internal organs and tissues, enabling paediatricians to detect any abnormalities in children, leading to timely and accurate treatments.

Telemedicine:

Telemedicine is an innovative tool that has revolutionized paediatric healthcare in recent years. Paediatricians can now connect with their patients securely and remotely, providing consultation and treatment through video conferencing. Telemedicine has proven to be a game-changer, particularly in rural areas where access to medical facilities is limited.

Artificial Intelligence:

One of the most significant technological advancements in paediatric healthcare is the use of Artificial Intelligence (AI). The use of AI can help paediatricians diagnose and predict diseases by analyzing large amounts of data, providing doctors with vital insights into the patient's condition. AI can also be used to develop personalized treatment plans for individual patients, leading to better health outcomes.

The technology marks a turning point in paediatric healthcare. Advances in technology have enabled healthcare professionals to provide earlier diagnoses, personalized treatments, and comprehensive care to children more efficiently. Remote patient monitoring, Electronic health records, medical imaging, telemedicine, and Artificial Intelligence are essential tools that have transformed paediatric healthcare. The adoption of these technologies has improved medical care, leading to better health outcomes for young patients. The future of paediatric healthcare is unquestionably bright, owing to technological advancements.

Frequently Asked Questions
  1. How big is the Paediatric Healthcare Market?
    Ans. The Global Paediatric Healthcare Market size was estimated at USD 107.01 billion in 2023 and expected to reach USD 114.55 billion in 2024.
  2. What is the Paediatric Healthcare Market growth?
    Ans. The Global Paediatric Healthcare Market to grow USD 177.94 billion by 2030, at a CAGR of 7.53%
  3. When do I get the report?
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