Children's are frequently inclined to sickness and they catch diseases recurrently. Therefore, pediatric medicine and other pediatric health care services sales are becoming significantly faster. Thus, the pediatric market as far as social awareness on pediatric health care is prospering by steady developments. The growing demand of treatment options for chronic illness makes the pediatric health care market lucrative to invest, and this report helps to gain heads on the in-depth analysis of various developments, market trends, opportunities, sales forecast and competitive landscape in this pediatric health care market. According to Deloitte, global health care spend, projected to reach $8.7 trillion by 2020. The global pediatric medicine market to grow at a CAGR of 4.97% during the period 2017-2021.According to Forbes, health care is a trillion dollar industry in the market. In 2014, the US spent around $2.9 trillion on health care services. In US, total health care disbursement was calculated to be $3.24 trillion in 2015, and was expected to reach $3.78 trillion in 2018. China’s health care industry will reach $1 trillion by 2020, which will constitute one of the largest markets all over the globe.
The global market for Pediatric Health Care services was worth $56.9 billion in 2008 and had a forecast to increase up to $79.3 billion in 2013 at a CAGR of 6.8%. Then, in 2010 the global Pediatric Health Care market has grown at a CAGR of 7.2% from $65.8 billion to $81 billion by 2013 and $83.6 billion by 2014. The global pediatric market is expected to reach nearly $100.7 billion by 2019. Again the global pediatric ultrasound market is accounted for $275.30 million in 2016 and by 2023, it is expected to reach up to $420.71 The overall pediatric vaccine market is set to end up noticeably worth more than $40 billion USD by the year 2022, with 500 million newborn children to be vaccinated by 2022.
North America represented the greatest offer took after by Europe in 2015. Likewise, the worldwide market for pediatric cardiology in 2015 is to a great extent commanded by the U.S. because of the expanding cases of heart infections among the kids. Europe is ready to display most elevated development rate amid the conjecture time frame because of the high interests in pediatric products and services by European people. So, Europe is considered as the second largest market of pediatric health care products and services. In Middle East & Africa, the market scenario for pediatric health care was US$ 48 billion in 2016 and by 2023 it is expected to reach US$64 billion at 4.1% CAG. Asia-Pacific, is considered as the future market for pediatric health care products and services because of rising awareness on pediatric health care and child health among the people. The pediatric market in Asia-pacific is gauge to become attributable to the quick innovative advances in solution going ahead in creating economies.
The Asian market is contributing significantly for the growth of pediatrics market as more than one-third of the global market is accounted by this region. Apart from this, various child healthcare initiatives and policies from International organizations such as UNICEF and WHO has also been playing a significant role in contributing to the growth of pediatrics market.
Pediatric healthcare is dealing with the treatment of child related diseases, their development and care. Children often suffer from respiratory, gastrointestinal and other chronic disease because of lower immunity. The global market for pediatrics is accounted to approximately $83 billion in 2013 and expected to grow at 7.8% CAGR in future. Increase in demand for chronic disease treatment, Diarrhea and injury related disease is more common in children; however, these diseases vary from short term to long-term treatments that consume a lot time and exert financial pressures on the parents. Changes in child care trend increases the prevalence rate of pediatric diseases. This report provides detail information about current scenario of pediatric treatment and expected growth in it. The market’s significant rise through 2019 can be attributed to the industry becoming more familiar with designing and implementing trials in the pediatric population. Pediatric Associations and Societies:
American Academy of Pediatrics
International Pediatric Association
Indian Academy of Pediatrics
European Pediatric Association
Canadian Pediatric Association
Academic Pediatric Association
The Asia-Pacific Pediatric Association
Indian Association of Pediatric Surgeons
American Academy of Pediatrics
American Pediatric Scoiety/ Society of Pediatric Research
American Pediatric Surgical Association
American Pediatric Surgical Nurses Association
American Society of Pediatric Hematology/Oncology
International Pediatric Association
Society of Developmental and Behavioural Pediatrics
European Society for Pediatric Dermatology
Greater Atlanta Pediatric Society
Indian academy of Pediatrics
Canadian Pediatric Association
American Pediatric Surgical Nurses Association
Society for Academic Emergency Medicine
Advanced Pediatric Emergency Medicine Assembly
Aimee's Army Childhood Cancer Foundation
Alex's Lemonade Stand
Alliance for Childhood Cancer
American Brain Tumor Association
American Childhood Cancer Organization (ACCO)
American Society of Pediatric Hematology/Oncology
Ashley Foundation
Pediatric Congenital Heart Association
Pediatrix Cardiology Associates of New Mexico
Society of Invasive Cardiovascular Professionals (SICP)
Cardiovascular Credentialing International (CCI)
Major Institutions and Hospitals:
Europe: Sant Joan de Déu Hospital Barcelona, Barcelona University, Sant Joan de Déu Research Institute, Hospital Materno-Infantil Vall Hebron, Hospital Ruber Internacional, Centro Médico Teknon, Vithas Xanit International Hospital, Hospital Quirón Marbella, Hospital Quirón Valencia, Grupo Hospitalario Quirónsalud, Master's Degree in Pediatric Infectious Diseases, Autonomous University of Barcelona, University of Navarra, University of Valencia,
USA: University of Pennsylvania, Harvard University, University of Cincinnati, Johns Hopkins University, University of California-San Francisco, Stanford University, University of Colorado, Baylor College of Medicine, University of Washington, Duke University, University of Pittsburgh, Washington University in St. Louis, Boston University, Case Western Reserve University, Columbia University, Emory University, George Washington University, Indiana University-Indianapolis, North-western University (Feinberg), Ohio State University, University of California--Los Angeles, University of California-San Diego, University of Michigan-Ann Arbor.
Asia Pacific: Tsinghua University, National University of Singapore, University of Melbourne, Hong Kong University of Science and Technology, Zhengzhou University, Huazhong University of Science and Technology, Jilin University, Shandong University, Central South University, Children's Hospital of Fudan University, Red House Hospital, Beijing New Century International Hospital for Children, The Duchess of Kent Children's Hospital at Sandy Bay, Shanghai Children's Medical Center, Shanghai Children's Hospital, Yuying Children's Hospital.
