The global pediatric medical device market was valued at USD 41.25 billion in 2024. The market is expected to grow at a CAGR of 5.77% during the forecast period of 2025-2034, with the values likely to reach USD 72.29 billion by 2034. The market is driven by rising demands for pediatric healthcare, advancements in technology, heightened awareness regarding child-focused medical services, and innovations in minimally invasive devices.
Pediatric medical devices are specifically engineered tools intended for infants, children, and adolescents, aimed at facilitating precise diagnosis and effective treatment, ensuring patient safety. These devices encompass a variety of equipment, from neonatal monitoring systems to pediatric prosthetics, customized to meet the unique anatomical and physiological requirements of younger patients.
The global pediatric medical device market is expanding because of higher birth rates, a rise in pediatric diseases, and advancements in medical technology. Innovations in minimally invasive devices, artificial intelligence-based diagnostics, and biocompatible materials are improving pediatric healthcare. Supportive regulations and increased investment in research are contributing significantly to the market expansion. The demand for pediatric-friendly solutions in diagnostics, monitoring, and treatment further drives the market, ensuring improved healthcare accessibility and outcomes.
In January 2025, Genrobotics introduced India’s first robotic-assisted Pediatric Gait Trainer, known as the G-Gaiter, in Thiruvananthapuram. This device is specifically tailored for children facing mobility challenges due to conditions such as cerebral palsy, muscular dystrophy, and spinal injuries. It combines robotics with virtual reality and offers an effective rehabilitation experience. The introduction of the G-Gaiter represents a major advancement in pediatric healthcare, fostering a growing demand for innovative, technology-based medical solutions and contributing to the market growth.
Discover the Top 7 Companies Leading the Global Pediatric Medical Device Market in 2025
1. Medtronic plc
| Headquarters |
Dublin, Ireland |
| Establishment |
1949 |
| Website |
https://www.medtronic.com/in-en/index.html |
Medtronic, a leading medical technology company, plays a crucial role in the global pediatric medical device market with its innovative cardiovascular solutions. Its Affinity Pixie oxygenation system and arterial filters are specifically engineered for neonates and infants undergoing cardiopulmonary bypass, providing effective oxygenation and filtration. Medtronic’s dedication to pediatric healthcare bolsters its market position, fostering growth with innovative extracorporeal circuits and perfusion products that improve surgical outcomes for young patients.
2. GE Healthcare
| Headquarters |
Illinois, United States |
| Establishment |
1892 |
| Website |
https://www.gehealthcare.in/ |
GE HealthCare is a key player in the pediatric medical device market, specializing in maternal and infant care solutions. Its advanced fetal and maternal monitoring systems are designed to enhance obstetric and neonatal care, thereby improving perinatal health outcomes. The Giraffe incubators and warmers offered by the company deliver essential support for premature infants in neonatal intensive care units (NICUs). The company's dedication to advancing neonatal care through innovative medical technologies and solutions is driving its strong market position.
3. Siemens Healthineers
| Headquarters |
Erlangen, Germany |
| Establishment |
1847 |
| Website |
https://www.siemens-healthineers.com/ |
Siemens Healthineers stands at the forefront of pediatric medical imaging, transforming diagnostics through its advanced technology. The MINITOM Kids MRI system, utilizing AI-enhanced deep resolve technology, offers exceptional speed and clarity, providing accurate, high-resolution images while minimizing discomfort for young patients. By addressing significant challenges in pediatric diagnostics, the company boosts its market position, promoting growth through innovation and improved clinical efficiency in pediatric healthcare.
4. Philips Healthcare
| Headquarters |
Amsterdam, Netherlands |
| Establishment |
1891 |
| Website |
https://www.philips.co.in/healthcare |
Philips is a leading player in the market, providing advanced ultrasound solutions tailored for young patients. Their ultrasound systems offer high-quality imaging, facilitating accurate and timely diagnoses for children, from premature infants to teenagers. Their devices are equipped with exceptional image clarity, real-time tissue assessment, and improved workflow efficiency. Philips continues to innovate in pediatric care, ensuring precise, gentle, and efficient diagnostic solutions for healthcare professionals.
5. TSE Medical
| Headquarters |
Jihocesky, Czech Republic |
| Establishment |
1887 |
| Website |
https://www.tse-medical.cz/ |
TSE Medical is a prominent player in the pediatric medical device market, focusing on solutions for neonatal and infant care. Its product portfolio includes SHELLY incubators, infant warmers, transport incubators, and the Lilly LED phototherapy lamp, designed for the effective treatment of neonatal hyperbilirubinemia. By prioritizing high-quality and innovative technologies, TSE Medical enhances its market presence, supporting healthcare professionals in providing optimal care to fragile newborns.
6. Hamilton Medical
| Headquarters |
Bonaduz, Switzerland |
| Establishment |
1983 |
| Website |
https://www.hamilton-medical.com/en_IN/ |
Hamilton Medical is a leading provider of neonatal ventilation solutions, offering advanced respiratory support for the smallest patients. Their ventilators are designed for both invasive and noninvasive ventilation, featuring advanced modes that cater to the needs of neonatal intensive care units (NICUs) and transport. It prioritizes safe, effective, and lung-protective ventilation with proximal flow sensors that ensure precise airway measurements and the capability to administer tidal volumes as low as 2 ml. With a strong focus on innovation and patient-centric technology, Hamilton Medical continues to enhance neonatal respiratory care and strengthen its position in the growing pediatric medical device market.
7. Phoenix Medical Systems Pvt Ltd
| Headquarters |
Thirumudivakkam, Chennai |
| Establishment |
1989 |
| Website |
https://www.phoenixmedicalsystems.com/ |
Phoenix Medical Systems, founded in 1989, is a prominent pediatric medical equipment provider, focusing on solutions for neonatal and infant care. The company offers a sophisticated range of products, including incubators, warmers, and respiratory care devices such as NeoVent and NeoBreathe, aimed at enhancing the survival rates of newborns. By providing innovative, user-friendly, and affordable solutions, it enhances its market position, fostering growth while addressing essential neonatal healthcare challenges in hospitals and healthcare facilities.
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