Abbott (U.S), General Electric Company (U.S), Johnson & Johnson Private Limited (U.S), Medtronic (Ireland), Siemens AG (Germany), Koninklijke Philips N.V. (Netherland), Novamed (U.S), Phoenix Medical Systems USA (U.S), Phoenix Medical Systems (P) Ltd. (India), Pega Medical (U.S) are some of the prominent players at the forefront of competition in the Global Pediatric Medical Device Market and are profiled in MRFR Analysis. Global Pediatric Medical Device Market - Overview Pediatric medical devices are medical devices utilized for the management and treatment of infants and children below 18 years with some health issues. Majority of these medical devices are specially designed and manufactured for infants and children, but in some cases these devices are used for adult also. The Global Pediatric Medical Device Market is expected to grow at a CAGR of approximately 10.5% during the forecast period 2017-2023. The global pediatric medical devices market is growing immensely due to rising occurrence of disease among children, increasing child bearing age among women, high number of children with heart diseases, increasing growth in number of pediatric hospitals and clinics. Furthermore, initiatives by the government and regulatory organization are influencing the market growth. Get a Sample Report @ https://www.marketresearchfuture.com/sample_request/980 . Industry News: General Electric Company (GE) is an American multinational conglomerate corporation, incorporated in New York. This company operates in segments namely aviation, current, digital, energy connections, global research, healthcare, lighting, oil & gas, power, renewable energy & capital, and all these caters to all needs of financial services, medical devices, life sciences, pharmaceutical, automotive, software development and engineering industries. Medtronic is a global healthcare solutions company, committed in improving lives of people through its medical technologies, services, and solutions. The union of Medtronic and Covidien demonstrates that thinks differently in solving problems to deliver better health. This company runs on principles of alleviate pain, restore health and extend life of patient. In October 2016, Medtronic got an approval for its suite of cardiac rhythm and heart failure devices, it leads to be scanned in both 3 and 1.5 Tesla (T) magnetic resonance imaging (MRI) machines. Global Pediatric Medical Device Market - Competitive Analysis Characterized by the presence of several well-established and small players, the global market of pediatric medical device appears to be highly competitive and fragmented. With well-established market in the North America and European region with major companies having their home in the regions and generating maximum market share. These companies have expanded their operating unit in various other emerging regions as well. Moreover the other small and medium scale players are generating revenue from local market.
Pediatric Medical Device Market by Key Players, Growth, Regions and Forecast to 2023
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