Asia Pacific Pediatric Medical Devices Market Size, Share, and COVID-19 Impact Analysis, By Product (Cardiology Devices, In Vitro Diagnostic (IVD) Devices, Diagnostic Imaging Devices, Anesthesia & Respiratory Care Devices, Neonatal ICU Devices, and Others), By End-User (Hospitals, Pediatric Clinics, Ambulatory Surgical Centers, and Others), and Asia Pacific Pediatric Medical Devices Market Insights, Industry Trend, Forecasts to 2035

Asia Pacific Pediatric Medical Devices Market Insights Forecasts to 2035

• The Asia Pacific Pediatric Medical Devices Market Size was estimated at USD 7.10 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 8.55% from 2025 to 2035
• The Asia Pacific Pediatric Medical Devices Market Size is Expected to Reach USD 17.50 Billion by 2035

The Asia Pacific Pediatric Medical Devices Market is anticipated to reach USD 17.50 billion by 2035, growing at a CAGR of 8.55% from 2025 to 2035. The growing prevalence of chronic diseases, along with growing technological advancements in the medical devices industry, is driving the pediatric medical devices market in the Asia Pacific region

Market Overview

The Asia Pacific pediatric medical devices market refers to the industry that emphasizes the specialized medical equipment designed for infants, children, and adolescents. Pediatric medical devices are used to treat or diagnose diseases and conditions from birth, with an increasing number of novel devices approved for adults. There is an increasing need for pediatric medical devices in the cardiology and neonatal ICU owing to the growing chronic diseases prevalence among children. Manufacturers are integrating software intelligence into legacy hardware through the rapid uptake of AI-enabled monitoring tools. Companies' growing emphasis on developing better diagnostic and monitoring devices, including wearable technologies and telemedicine solutions, is escalating the market growth opportunities. Furthermore, innovative product launches and the government's increased investment in R&D activities are supporting the market growth.

Report Coverage

This research report categorizes the market for the Asia Pacific pediatric medical devices market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Asia Pacific pediatric medical devices market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Asia Pacific pediatric medical devices market.

Driving Factors

The growing prevalence of chronic disease among children is driving the need for pediatric care, which is contributing to the market demand. For instance, it was estimated that pediatric chronic disease prevalence has risen to nearly 30% in the last 20 years. 25 million young people ages 5 to 25 are estimated to be living with a chronic condition or functional limitation.  The integration of digital technology, including telemedicine and mobile health applications, such as eHealth, is contributing to propelling the market growth.

Restraining Factors

The lack of healthcare infrastructure and with lack of awareness regarding medical devices for pediatric care are challenging the market. Further, stringent regulations and increased cost of the device are hampering the market growth.

Market Segmentation

The sia Pacific pediatric medical devices market share is classified into product and end-user.

• The in vitro diagnostic (IVD) devices segment held the largest revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Asia Pacific pediatric medical devices market is segmented by product into cardiology devices, in vitro diagnostic (IVD) devices, diagnostic imaging devices, anesthesia & respiratory care devices, neonatal ICU devices, and others. Among these, the in vitro diagnostic (IVD) devices segment held the largest revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period. In vitro diagnostics in pediatric care are used for detecting genetic diseases in newborns and pediatric-specific diseases.

• The hospitals segment held the largest revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Asia Pacific pediatric medical devices market is segmented by end-user into hospitals, pediatric clinics, ambulatory surgical centers, and others. Among these, the hospitals segment held the largest revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period. Innovation in point-of-care diagnostics and personalized therapeutics in the pediatric care sector aids in driving the market growth in the hospitals segment.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Asia Pacific pediatric medical devices market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Hamilton Medical AG (Hamilton Bonaduz AG)
• TSE spol. s.r.o. (TSE Medical)
• Fritz Stephan GmbH
• Phoenix Medical Systems Pvt. Ltd.
• Atom Medical Corporation
• Baxter International, Inc.
• Elektro-Mag
• Koninklijke Philips N.V.
• Stryker Corporation
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Asia Pacific, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Asia Pacific Pediatric Medical Devices Market based on the below-mentioned segments:

Asia Pacific Pediatric Medical Devices Market, By Product

• Cardiology Devices
• In Vitro Diagnostic (IVD) Devices
• Diagnostic Imaging Devices
• Anesthesia & Respiratory Care Devices
• Neonatal ICU Devices
• Others

Asia Pacific Pediatric Medical Devices Market, By End-User

• Hospitals
• Pediatric Clinics
• Ambulatory Surgical Centers
• Others