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Pediatric Radiology Market

Pediatric Radiology Market Market Research Report – Segmented By Product Type (Ultrasound, MRI, X-Ray, Computed Tomography Scanner, Others), By Modality (Standalone Devices, Table-top Devices, Portable Devices), By End-User (Pediatric Clinics, Diagnostic Centers, Hospitals, Others) & Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2027.

Table of contents

Executive Summary

Pediatric Radiology Market was valued at US $5.89 billion in 2021 and is projected to grow at 5.14% CAGR over the forecast period to reach US $7.95 billion by 2027. Pediatric Radiology Market represented US $0.56 billion opportunity over 2019-2021 and estimated to create US $2.06 billion opportunity in 2027 over 2021.

Pediatric Radiology Market Size (2019 - 2027), USD billion

Pediatric Radiology from Consainsights analyses the Pediatric Radiology Market in the Life Sciences industry over the forecast period to 2027.

Pediatric Radiology research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Pediatric Radiology segmentation includes Product Type, Modality, End-User and Geography.

Based on the Product Type, the Pediatric Radiology analysis covers Ultrasound, MRI, X-Ray, Computed Tomography Scanner, Others.

In Product Type segment, Ultrasound segment has highest cagr growth of 4.55%.

Revenue Share (%), By Product Type (2021)

Based on the Modality, the Pediatric Radiology analysis covers Standalone Devices, Table-top Devices, Portable Devices.

In Modality segment, Standalone Devices segment has highest cagr growth of 4.55%.

Revenue Share (%), By Modality (2021)

Based on the End-User, the Pediatric Radiology analysis covers Pediatric Clinics, Diagnostic Centers, Hospitals, Others.

In End-User segment, Pediatric Clinics segment has highest cagr growth of 4.55%.

Revenue Share (%), By End-User (2021)

Based on the region, the Pediatric Radiology analysis covers North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America.

Key companies operating in the market include Esaote SpA, Siemens AG, Hitachi Ltd, Canon Inc, Koninklijke Philips N V, Toshiba Corporation, General Electric Company, Samsung Medison Co Ltd, Analogic Corporation, Fujifilm Corporation and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Market Overview

Definition & Scope

The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.

The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.

The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.

Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.

Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.

As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.

Currency, Year & Forecast

The currency used in this report is USD, with the market size indicated in terms of USD million/billion.

For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.

For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.

Product Type

Introduction

In 2021, Ultrasound segment has the highest revenue of US $2.45 billion and is expected to grow at CAGR of 4.55% by 2027 Ultrasound segment has highest cagr growth of 4.55%.

Pediatric Radiology Market Y-o-Y Growth (USD billion), By Product Type 2019 - 2027
Pediatric Radiology Market Size, By Product Type, 2019-2027 (USD billion)

Ultrasound

Ultrasound segment was valued at US $2.22 billion in 2019 and is projected to grow at 4.55% CAGR over the forecast period to reach US $3.31 billion by 2027. Ultrasound segment represented US $0.23 billion opportunity over 2019-2021 and estimated to create US $0.86 billion opportunity in 2027 over 2021.

Ultrasound - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

MRI

MRI segment was valued at US $1.27 billion in 2019 and is projected to grow at 4.55% CAGR over the forecast period to reach US $1.90 billion by 2027. MRI segment represented US $0.13 billion opportunity over 2019-2021 and estimated to create US $0.49 billion opportunity in 2027 over 2021.

MRI - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

X-Ray

X-Ray segment was valued at US $0.81 billion in 2019 and is projected to grow at 4.55% CAGR over the forecast period to reach US $1.20 billion by 2027. X-Ray segment represented US $0.08 billion opportunity over 2019-2021 and estimated to create US $0.31 billion opportunity in 2027 over 2021.

X-Ray - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Computed Tomography Scanner

Computed Tomography Scanner segment was valued at US $0.73 billion in 2019 and is projected to grow at 4.55% CAGR over the forecast period to reach US $1.09 billion by 2027. Computed Tomography Scanner segment represented US $0.08 billion opportunity over 2019-2021 and estimated to create US $0.28 billion opportunity in 2027 over 2021.

Computed Tomography Scanner - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Others

Others segment was valued at US $0.30 billion in 2019 and is projected to grow at 4.55% CAGR over the forecast period to reach US $0.45 billion by 2027. Others segment represented US $0.03 billion opportunity over 2019-2021 and estimated to create US $0.12 billion opportunity in 2027 over 2021.

Others - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Modality

Introduction

In 2021, Standalone Devices segment has the highest revenue of US $3.70 billion and is expected to grow at CAGR of 4.55% by 2027 Standalone Devices segment has highest cagr growth of 4.55%.

Pediatric Radiology Market Y-o-Y Growth (USD billion), By Modality 2019 - 2027
Pediatric Radiology Market Size, By Modality, 2019-2027 (USD billion)

Standalone Devices

Standalone Devices segment was valued at US $3.35 billion in 2019 and is projected to grow at 4.55% CAGR over the forecast period to reach US $5.00 billion by 2027. Standalone Devices segment represented US $0.35 billion opportunity over 2019-2021 and estimated to create US $1.30 billion opportunity in 2027 over 2021.

Standalone Devices - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Table-top Devices

Table-top Devices segment was valued at US $1.58 billion in 2019 and is projected to grow at 4.55% CAGR over the forecast period to reach US $2.35 billion by 2027. Table-top Devices segment represented US $0.17 billion opportunity over 2019-2021 and estimated to create US $0.61 billion opportunity in 2027 over 2021.

Table-top Devices - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Portable Devices

Portable Devices segment was valued at US $0.40 billion in 2019 and is projected to grow at 4.55% CAGR over the forecast period to reach US $0.60 billion by 2027. Portable Devices segment represented US $0.04 billion opportunity over 2019-2021 and estimated to create US $0.16 billion opportunity in 2027 over 2021.

Portable Devices - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

End-User

Introduction

In 2021, Pediatric Clinics segment has the highest revenue of US $2.36 billion and is expected to grow at CAGR of 4.55% by 2027 Pediatric Clinics segment has highest cagr growth of 4.55%.

Pediatric Radiology Market Y-o-Y Growth (USD billion), By End-User 2019 - 2027
Pediatric Radiology Market Size, By End-User, 2019-2027 (USD billion)

Pediatric Clinics

Pediatric Clinics segment was valued at US $2.14 billion in 2019 and is projected to grow at 4.55% CAGR over the forecast period to reach US $3.19 billion by 2027. Pediatric Clinics segment represented US $0.23 billion opportunity over 2019-2021 and estimated to create US $0.83 billion opportunity in 2027 over 2021.

Pediatric Clinics - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Diagnostic Centers

Diagnostic Centers segment was valued at US $1.45 billion in 2019 and is projected to grow at 4.55% CAGR over the forecast period to reach US $2.16 billion by 2027. Diagnostic Centers segment represented US $0.15 billion opportunity over 2019-2021 and estimated to create US $0.56 billion opportunity in 2027 over 2021.

Diagnostic Centers - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Hospitals

Hospitals segment was valued at US $1.00 billion in 2019 and is projected to grow at 4.55% CAGR over the forecast period to reach US $1.49 billion by 2027. Hospitals segment represented US $0.11 billion opportunity over 2019-2021 and estimated to create US $0.39 billion opportunity in 2027 over 2021.

Hospitals - Historical, Forecast Market Sizes (USD billion), 2019 - 2027

Others

Others segment was valued at US $0.74 billion in 2019 and is projected to grow at 4.55% CAGR over the forecast period to reach US $1.11 billion by 2027. Others segment represented US $0.08 billion opportunity over 2019-2021 and estimated to create US $0.29 billion opportunity in 2027 over 2021.

Others - Historical, Forecast Market Sizes (USD billion), 2019 - 2027