Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1,234.66 million | USD 1,763.53 million | 4.01% | 2023 |
The global XX market size accrued earnings worth approximately USD 1,234.66 Million in 2023 and is predicted to gain revenue of about USD 1,763.53 Million by 2032, is set to record a CAGR of nearly 4.01% over the period from 2024 to 2032
For the purpose of diagnosing the infants and the children that are under the age of 18 the pediatric measuring devices are used. In the health-related issues, the pediatric measuring devices are used for the proper diagnosis. The pediatric measuring devices are designed very carefully as the body structure of the infants and the newborn babies are flexible.
The American Academy of Pediatrics has made recommendations that the children should be given their medications with the help of proper metric dosing devices. This statement was released as the parents used kitchen spoons in order to provide medications to the children which was completely wrong.
Pediatric Measuring Devices Market: Growth Factors
The major factors that are driving the pediatric measuring devices market are the increasing awareness among the people about the infant health, the availability of the advanced measuring devices that makes use of recent technology, the increasing population, and the increasing application of the pediatric measuring devices. The other factors that are propelling the growth of the pediatric measuring devices market are the increasing number of pediatric clinics and the hospitals that have pediatric facilities, the availability of the trained and skilled health professionals, and the increased spending on the medical facilities.
The factors that will hamper the growth of the market is the increasing competition among the existing market players and the initiatives that are taken by the governments of some regions in order to minimize the birth rates negatively affect the growth of the market. The lack of adoption of the pediatric measuring devices in some of the under-developed regions restricts the growth of the market.
Report Attributes | Report Details |
---|---|
Report Name | Pediatric Measuring Devices Market |
Market Size in 2023 | USD 1,234.66 Million |
Market Forecast in 2032 | USD 1,763.53 Million |
Growth Rate | CAGR of 4.01% |
Number of Pages | 192 |
Key Companies Covered | Charder Electronic Co., Ltd., BioSpace, AVI Healthcare, Detecto Scale Company, and others. |
Segments Covered | By Type, By Applications, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The pediatric measuring devices market is fragmented into the device type, technology, configuration, and the end-user industry.
On the basis of the type of device, the global market is segregated into mobile measuring mat, head circumference measuring tape, height measuring rods, stadiometer, infantometer, and others.
On the basis of technology, the pediatric measuring devices market is categorized into mechanical pediatric measuring device and electronic pediatric measuring device.
On the basis of the type of configuration, the market is divided into bench-top, floor-standing, mobile, and wall-mounted.
On the basis of the end-user industry, the market is bifurcated into clinics, hospitals, and others.
Among all the regions, North America leads the pediatric measuring devices market due to the rise in the local manufacturers in the market coupled with the availability of the advanced healthcare facilities. North America is followed by Western Europe owing to the increased adoption of the pediatric measuring devices in several medical facilities for the treatment of the infants. The pediatric measuring devices market in Asia Pacific region shows a great potential owing to the increasing awareness among the parents, growing pediatric hospitals, and the increasing concerns regarding the health of the infants. The regions that are experiencing a slow rate of market growth are the Middle East and Africa and Latin America.
The key market players that are involved in the pediatric measuring devices market include
Pediatric Measuring Devices Market: Regional Segments
By Type
By Application
By Region
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