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South America Pediatric Medical Devices Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (In Vitro Diagnostic (IVD) Devices, Cardiology Devices, Respiratory Care Devices, Monitoring Devices, Neonatal ICU Devices, and Others) and End User (Hospitals, Pediatric Clinics, and Others)
Market Introduction
SAM region for the estimating the market for the pediatric medical devices consist of countries such as Brazil, Argentina, and rest of SAM. The region held smallest portion of the market in the global analysis. The market is likely to propel in the forecasted period owing to the recent technological developments which have made a direct impact on the economy of Brazil that has advanced to a large extent. The cost savings advantage and higher work efficiencies achieved are cited as the major attracting points for manufacturing companies to establish bases in SAM. Some of the major countries contributing to the market's growth include Chile, Colombia, Peru, Cuba, Venezuela, and Bolivia. The countries offer significant growth opportunities for the market's growth. The countries are improving their healthcare infrastructure by allowing new market players to enter for business. Therefore, it is expected to increase demand for pediatric medical devices. In addition, the countries in the region are investing and taking an interest in improving their healthcare services and focusing on primary and advanced care. Hence, it is expected to increase the number of healthcare settings in these countries. Thus, the pediatric medical devices market is expected to have significant growth opportunities in rest of the SAM region during the forecast period due to the above-mentioned factors.
The outbreak of COVID–19 has stringently affected medical services in SAM. Brazil, Argentina, Uruguay, Chile, Peru, and Colombia were severely affected by the second wave of COVID-19 outbreak. Amongst which Brazil registered the highest number of deaths. Pediatric imaging and other associated treatments were stopped temporarily. It is anticipated that the region will likely force a second lockdown, which will ultimately hamper the healthcare industry in the area.
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Market Overview and Dynamics
The pediatric medical devices market in SAM is expected to grow from US$ 1,634.08 million in 2021 to US$ 2,632.01 million by 2028; it is estimated to grow at a CAGR of 7.0% from 2021 to 2028. The healthcare system is continuously evolving due to rising product innovation and developments, creating opportunities for the market. The patient care systems are developing to facilitate various medical procedures. The rise in diseases and disorders among children is among the key role to play in increasing investment of the SAM and domestic players. The trend for pediatric medical devices is likely to grow dramatically in the future, owing to the increasing number of market players offering products. Moreover, introduction of innovative products, revolutionary technology, and successful events created opportunities for the companies to continue producing pediatric medical devices. In addition, the increasing trend for the use of point-of-care devices in hospitals and at-home care is expected to benefit the market. Thus, companies manufacturing the products are likely to add value to their customers and attract more customer base. Therefore, considering these factors, are likely to propel the market's growth during the forecast period.
Key Market Segments
SAM pediatric medical devices market is segmented into product, end user, and country. The pediatric medical devices market, by product, is segmented into in vitro diagnostic (IVD), cardiology devices, respiratory care, monitoring devices, neonatal ICU devices, and others. The in vitro diagnostic segment is likely to hold the largest share of the market in 2021. Based on end user, the pediatric medical devices market is segmented into hospitals, pediatric clinics, and others. The hospitals segment is likely to hold the largest share of the market in 2021. Based on country, the SAM pediatric medical devices market is segmented into Brazil, Argentina, and rest of SAM. Brazil held the largest market share in 2021.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the pediatric medical devices market in SAM are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Atom Medical Corp.; General Electric Company; Koninklijke Philips N.V.; Medtronic; and Siemens AG.
Reasons to buy report
- To understand the SAM pediatric medical devices market landscape and identify market segments that are most likely to guarantee a strong return.
- Stay ahead of the race by comprehending the ever-changing competitive landscape for SAM pediatric medical devices market.
- Efficiently plan M&A and partnership deals in SAM pediatric medical devices market by identifying market segments with the most promising probable sales.
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form SAM pediatric medical devices market.
- Obtain market revenue forecast for market by various segments from 2021-2028 in SAM region.
SAM Pediatric Medical Devices Market Segmentation
SAM Pediatric medical devices Market - By Product
- In Vitro Diagnostic (IVD) Devices
- Cardiology Devices
- Respiratory Care Devices
- Monitoring Devices
- Neonatal ICU Devices
- Others
SAM Pediatric Medical Devices Market - By End User
- Hospitals
- Pediatric Clinics
- Others
SAM Pediatric Medical Devices Market - By Country
- Brazil
- Argentina
- Rest of SAM
SAM Pediatric Medical Devices Market - Company Profiles
- Atom Medical Corp.
- General Electric Company
- Koninklijke Philips N.V.
- Medtronic
- Siemens AG
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 SAM Pediatric Medical Devices Market – By Product
1.3.2 SAM Pediatric Medical Devices Market – By End User
1.3.3 SAM Pediatric Medical Devices Market– By Country
2. SAM Pediatric Medical Devices Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM Pediatric Medical Devices Market– Market Landscape
4.1 Overview
4.2 SAM PEST Analysis
5. SAM Pediatric Medical Devices Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Children Witnessing Rising Cases of Cancer and Respiratory Disorders
5.1.2 Pediatric Medical Devices Present in Wide Range
5.2 Market Restraints
5.2.1 Limited Knowledge about Medical Devices Designed for Infants
5.3 Future Trends
5.3.1 Point-of-Care Products are in High Demand
5.4 Impact Analysis
6. Pediatric Medical Devices Market – SAM Analysis
6.1 SAM Pediatric Medical Devices Market Revenue Forecast and Analysis
7. SAM Pediatric Medical Devices Market Analysis – By Product
7.1 Overview
7.2 SAM Pediatric Medical Devices Market Revenue Share, by Product (2021 and 2028)
7.3 Respiratory Care
7.3.1 Overview
7.3.2 Respiratory Care: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Cardiology Devices
7.4.1 Overview
7.4.2 Cardiology Devices: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)
7.5 In Vitro Diagnostic (IVD)
7.5.1 Overview
7.5.2 In Vitro Diagnostic (IVD): Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Monitoring Devices
7.6.1 Overview
7.6.2 Monitoring Devices: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Neonatal ICU Devices
7.7.1 Overview
7.7.2 Neonatal ICU Devices: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)
7.8 Others
7.8.1 Overview
7.8.2 Others: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)
8. SAM Pediatric Medical Devices Market Analysis – By End User
8.1 Overview
8.2 SAM Pediatric Medical Devices Market Share, by End User, 2021 and 2028, (%)
8.3 Hospitals
8.3.1 Overview
8.3.2 Hospitals: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Pediatric Clinics
8.4.1 Overview
8.4.2 Pediatric Clinics: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)
9. SAM Pediatric Medical Devices Market – Country Analysis
9.1 Overview
9.1.1 SAM: Pediatric Medical Devices Market Share by Country – 2021 & 2028, (%)
9.1.1.1 Brazil: Pediatric Medical Devices Market- Revenue and Forecasts To 2028 (USD Million)
9.1.1.1.1 Brazil: Pediatric Medical Devices Market- Revenue and Forecasts To 2028 (USD Million)
9.1.1.1.2 Brazil Pediatric Medical Devices Market, By Product – Revenue and Forecast to 2028 (USD Million)
9.1.1.1.3 Brazil Pediatric Medical Devices Market, By End User – Revenue and Forecast to 2028 (USD Million)
9.1.1.2 Argentina: Pediatric Medical Devices Market- Revenue and Forecasts To 2028 (USD Million)
9.1.1.2.1 Argentina: Pediatric Medical Devices Market- Revenue and Forecasts To 2028 (USD Million)
9.1.1.2.2 Argentina Pediatric Medical Devices Market, By Product – Revenue and Forecast to 2028 (USD Million)
9.1.1.2.3 Argentina Pediatric Medical Devices Market, By End User – Revenue and Forecast to 2028 (USD Million)
9.1.1.3 Rest of SAM: Pediatric Medical Devices Market - Revenue and Forecast to 2028 (USD Million)
9.1.1.3.1 Rest of SAM: Pediatric Medical Devices Market - Revenue and Forecast to 2028 (USD Million)
9.1.1.3.2 Rest of SAM Pediatric Medical Devices Market, By Product – Revenue and Forecast to 2028 (USD Million)
9.1.1.3.3 Rest of SAM Pediatric Medical Devices Market, By End User – Revenue and Forecast to 2028 (USD Million)
10. Impact Of COVID-19 Pandemic on SAM Pediatric Medical Devices Market
10.1 SAM: Impact Assessment of COVID-19 Pandemic
11. Pediatric Medical Devices Market – Industry Landscape
11.1 Overview
11.2 Growth Strategies Done by the Companies in the Market, (%)
11.3 Organic Developments
11.3.1 Overview
11.4 Inorganic Developments
11.4.1 Overview
12. Company Profiles
12.1 GENERAL ELECTRIC
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Atom Medical Corp.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Koninklijke Philips N.V.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Siemens AG
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Medtronic
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Brazil Pediatric Medical Devices Market, By Product – Revenue and Forecast to 2028 (USD Million)
Table 2. Brazil Pediatric Medical Devices Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 3. Argentina Pediatric Medical Devices Market, By Product – Revenue and Forecast to 2028 (USD Million)
Table 4. Argentina Pediatric Medical Devices Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 5. Rest of SAM Pediatric Medical Devices Market, By Product – Revenue and Forecast to 2028 (USD Million)
Table 6. Rest of SAM Pediatric Medical Devices Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 7. Organic Developments Done by Companies
Table 8. Inorganic Developments Done by Companies
Table 9. Glossary of Terms, Pediatric MRI Market
LIST OF FIGURES
Figure 1. SAM Pediatric Medical Devices Market Segmentation
Figure 2. SAM Pediatric Medical Devices Segmentation, By Country
Figure 3. SAM Pediatric Medical Devices Market Overview
Figure 4. In Vitro Diagnostic Devices Held the Largest Share of the Product Segment in SAM Pediatric Medical Devices Market
Figure 5. Brazil to Show Significant Growth During Forecast Period
Figure 7. Expert Opinion
Figure 8. SAM PEST Analysis
Figure 9. SAM Pediatric Medical Devices Market: Impact Analysis of Drivers and Restraints
Figure 10. SAM Pediatric Medical Devices Market – Revenue Forecast and Analysis – 2020- 2028
Figure 11. SAM Pediatric Medical Devices Market Revenue Share, by Product (2021 and 2028)
Figure 12. SAM Respiratory Care: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. SAM Cardiology Devices: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. SAM In Vitro Diagnostic (IVD): Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. SAM Monitoring Devices: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. SAM Neonatal ICU Devices: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. SAM Others: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. SAM Pediatric Medical Devices Market Share, by End User, 2021 and 2028 (%)
Figure 19. SAM Hospitals: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. SAM Pediatric Clinics: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. SAM Others: Pediatric Medical Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. SAM: Pediatric Medical Devices Market, By Key Country – Revenue (2021) (USD Million)
Figure 23. SAM: Pediatric Medical Devices Market Share by Country – 2021 & 2028, (%)
Figure 24. Brazil: Pediatric Medical Devices Market- Revenue and Forecasts To 2028 (USD Million)
Figure 25. Argentina: Pediatric Medical Devices Market- Revenue and Forecasts To 2028 (USD Million)
Figure 26. Rest of SAM: Pediatric Medical Devices Market - Revenue and Forecast to 2028 (USD Million)
Figure 27. Impact Of COVID-19 Pandemic in SAM Country Markets
Figure 28. Growth Strategies Done by the Companies in the Market, (%)
- Atom Medical Corp.
- General Electric Company
- Koninklijke Philips N.V.
- Medtronic
- Siemens AG
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM pediatric medical devices market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the SAM pediatric medical devices market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the pediatric medical devices market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution