New York, NY, July 24, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Pediatric Healthcare Market by Type (Chronic Illness and Acute Illness), by Indication (Asthma and Allergies, Metabolic Disorders, Cardiac Disorders, Genetic Disorders, and Others), and by Treatment (Immunotherapy, Medications, Surgeries, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global pediatric healthcare market was approximately USD 11,881 million in 2018 and is expected to generate around USD 15,984 million by 2025, at a CAGR of around 4.35% between 2019 and 2025.
Pediatrics is the branch of medicine that deals with the health, growth, and development of adolescents, infants, and children along with their chances of achieving the full potential as adults. It emphasizes on children’s well-being, right from conception to adolescence. The medical branch of pediatrics is categorized into various different sub-branches—pediatric immunology, pediatric dermatology, pediatric cardiology, pediatric oncology, and pediatric critical care. Pediatric healthcare mainly includes nutrition, vaccines, and drugs, which help children to grow up healthy. Pediatric care involves a broad range of health and development services, ranging from preventive healthcare to the diagnosis and treatment of acute and chronic diseases. The global pediatric healthcare market is likely to grow notably, due to the exponential increase in the demand for chronic disease treatment, changes witnessed in childcare trends, increase in the obese population base due to sedentary lifestyle, rise in the number of hospitals and clinics, improvements in healthcare infrastructure in developing economies, high acceptance rate of pediatric healthcare, escalation in starvation among pediatric population, advancements in medical technology, and supportive government initiatives.
Browse through 54 Tables & 28 Figures spread over 110 Pages and in-depth TOC on “Global Pediatric Healthcare Market Size & Trends 2018: By Type, Size, Industry Applications, Growth, Segments, Analysis and Forecast to 2025”.
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The pediatric healthcare market is fragmented on the basis of type, indication, and treatment. Based on type, the market is segmented into chronic illness and acute illness. The chronic illness segment held the largest market share in 2018, due to the increasing prevalence of chronic disease and growing treatment demand for diseases.
By indication, the market is categorized into cardiac disorders, asthma and allergies, genetic disorders, metabolic disorders, and others. Allergies and metabolic disorders together held the largest market shares in 2018, owing to the increasing obese population.
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The treatment segment includes immunotherapy, medication, surgeries, and others. The medication segment dominated the global market in 2018.
North America dominated the global pediatric healthcare market with a major revenue share in 2018, due to the launch of new drugs by pharmaceutical companies for pediatric patients, increasing adoption of modern medical technology, and the regional presence of the key market players. North America will maintain its top spot over the forecast period as well. Additionally, technological advancements and growing obese population are also contributing to this regional market. The U.S. is a major country-level market in North America.
Browse the full “Pediatric Healthcare Market by Type (Chronic Illness and Acute Illness), by Indication (Asthma and Allergies, Metabolic Disorders, Cardiac Disorders, Genetic Disorders, and Others), and by Treatment (Immunotherapy, Medications, Surgeries, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/pediatric-healthcare-market
Europe held the second spot in the global pediatric healthcare market in 2018, due to the increasing demand for chronic disease treatment, rising healthcare infrastructure, and growing enterprises of medical hospitals and clinics. Germany, the UK, and France are major countries in the European pediatric healthcare market. The UK is estimated to be growing rapidly over the forecast timeframe. Germany dominated the European market with a major revenue share in 2018, due to the increasing adoption of advanced medical treatment and various technological advancements.
The Asia Pacific pediatric healthcare market will show the highest CAGR over the forecast time period, owing to the various improvement in the healthcare infrastructure, rising demand for chronic disease treatment, technological developments in medical devices, and the increasing children population suffering from diseases and disorders. China and Japan are dominant country-level markets in the region, whereas India is estimated to grow rapidly in the upcoming years.
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The Latin American pediatrics healthcare market is expected to grow moderately in the future, owing to the growing number of disease treatment for chronic diseases and technological developments in medical devices. Brazil is expected to contribute the largest revenue share to this regional market. The Middle Eastern and African pediatrics healthcare market will register slow growth in the years ahead, owing to the underdeveloped healthcare infrastructure and lack of advanced medical technologies for treatment.
Some key players operating in the global pediatric healthcare market are GlaxoSmithKline, AstraZeneca, Pfizer, Merck, Boehringer Ingelheim, Pediapharm, Sanofi, Gilead Sciences, Eisai, and Mylan.
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This report segments the global pediatric healthcare market into:
Global Pediatric Healthcare Market: By Type
- Acute Illness
- Chronic Illness
Global Pediatric Healthcare Market: By Indication
- Asthma and Allergies
- Metabolic Disorders
- Cardiac Disorders
- Genetic Disorders
- Others
Global Pediatric Healthcare Market: By Treatment
- Immunotherapy
- Medications
- Surgeries
- Others
Global Pediatric Healthcare Market: By Region
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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