USD 3.7 billion
Pediatric Neurology Device Market Size, Share, and Growth Analysis
Pediatric Neurology Device Market By Product (Neurosurgery Devices, Neurostimulator), By Service and Treatment (Electroencephalogram, Intrathecal Baclofen Therapy), By Neurological Specialty (Neuro-Oncology, Neuromuscular), By Age Group, By End User, By Application, By Region - Industry Forecast 2025-2032
Report ID:
SQMIG35A2740 |
Region:
Global |
Published Date: March, 2025
Pages:
219
|Tables:
118
|Figures:
75
Format -
Pediatric Neurology Device Market Insights
Pediatric Neurology Device Market size was valued at USD 3.7 billion in 2023 and is poised to grow from USD 3.96 billion in 2024 to USD 6.75 billion by 2032, growing at a CAGR of 6.9% during the forecast period (2025-2032).
The rising prevalence of neurological disorders among children around the world is the key factor boosting demand for paediatric neurology devices. An increasing number of children around the world are being diagnosed with low-risk or high-risk neurological disorders owing to a number of factors such as injuries, exposure to neurotoxins, diseases, or genetic issues. Seizure is the most common type of neurological disorder found in the paediatric population. The brain of a child functions in a different way than that of a developed adult and this is why specialised neurological devices are required for diagnosis and treatment of children. The growing focus on neurological research around the world to reduce the neurological disease burden is resulting in the development of innovative new neurology devices.
Advancements in healthcare technology and the rising adoption of machine learning and artificial intelligence are forecasted to completely change the course of the paediatric neurology device market in the future. Governments and public health organisations are launching new initiatives and programs to promote awareness regarding paediatric neurological disorders, which in turn is predicted to favour paediatric neurology device sales as well.
Market snapshot - 2025-2032
Global Market Size
Largest Segment
Neurostimulation Devices
Fastest Growth
Neurostimulation Devices
Growth Rate
6.9% CAGR
Pediatric Neurology Device Market ($ Bn)
Country Share for North America Region (%)
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Pediatric Neurology Device Market Segments Analysis
Global Pediatric Neurology Device Market is segmented by Product, Service and Treatment, Neurological Specialty, Age Group, End User, Application and region. Based on Product, the market is segmented into Neurosurgery Devices, Neurostimulator, Cerebrospinal Fluid (CSF) Management Devices and Other. Based on Service and Treatment, the market is segmented into Electroencephalogram, Intrathecal Baclofen Therapy, Neurological Evaluations and Vagal Nerve Stimulation. Based on Neurological Specialty, the market is segmented into Neuro-Oncology, Neuromuscular, Neonatal Neurology, Neuro-Immunology and Stroke. Based on Age Group, the market is segmented into Neonates, Infants, Children and Adolescents. Based on End User, the market is segmented into Hospital, Healthcare Center, Specialty Clinics and Neurological Research Centres. Based on Application, the market is segmented into Brain Tumour, Epilepsy, Autism Spectrum Disorder, Parkinson’s Disease and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Analysis by Product Type
Neurostimulation devices account for a prominent chunk of the global paediatric neurology device market share at present. The high use of neurostimulation devices in the diagnosis and treatment of different neurological disorders among children allows it to maintain a lion's share in this marketplace. These devices allow children to improve their quality of life as well. Neurostimulation devices work by sending electrical impulses to different parts of the brain to modulate neural activity linked to different disorders.
Cerebrospinal fluid (CSF) management devices are projected to witness a notable hike in demand over the coming years. The increasing incidence of trauma and serious injuries among kids and adolescents is driving up the demand for cerebrospinal fluid management devices on a global level. These devices aid in the proper functioning of the central nervous system as well as help in maintaining a proper flow of cerebrospinal fluid that supplies nutrients to the brain and protects it from damage.
Analysis by End User
Hospitals account for a sizable share of the global paediatric neurology device demand outlook at present. Increasing hospitalisation of children affected with neurological disorders is the prime factor contributing to the high market share of hospitals. Moreover, the availability of advanced paediatric neurology devices to treat children of all age groups in hospitals allows them to hold a significant chunk of the market share. Rising hospital budgets will also boost demand for advanced paediatric neurology devices in hospitals over the coming years.
Demand for paediatric neurology devices in neurological research centres is predicted to soar at a high CAGR across the forecast period. Increasing investments in paediatric neurology research and growing demand for paediatric neurology disease treatments are driving paediatric neurology device sales in neurological research centres going forward. Government efforts to reduce mortality rates in paediatric neurological diseases are also fueling the paediatric neurology device market growth via neurological research centres.
Pediatric Neurology Device Market By Product Type
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Pediatric Neurology Device Market Regional Insights
The surging prevalence of neurological disorders is the prime factor making North America an unmissable regional market in the world. The presence of robust healthcare infrastructure, high healthcare spending potential, better availability of advanced neurology treatments, and high spending on neurology research are other factors that make this region a highly lucrative one for paediatric neurology device suppliers. The United States is estimated to emerge as the top spot for paediatric neurology device companies operating in the North American region going forward. Government support for neurology research programs is fostering innovation and leading to the development of advanced paediatric neurology devices in this region.
The massive population base of the Asia Pacific region increases the probability of neurological diseases in this region and makes it one of the fastest-growing regional markets in the world. Increasing healthcare expenditure and government efforts to improve neurology care access to children are also estimated to favour paediatric neurology device sales in this region. Rising awareness regarding paediatric neurological disorders and the growing availability of novel neurology treatment and diagnostic services are also slated to benefit market growth in the long run. China and India are estimated to be key markets in this region owing to their expanding population base.
Pediatric Neurology Device Market By Region
- Largest
- Fastest
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Pediatric Neurology Device Market Dynamics
Pediatric Neurology Device Market Drivers
Rising Awareness Regarding Neurological Diseases
- Awareness regarding neurological diseases among people of all age groups has been increasing rapidly owing to the high prevalence of neurological disorders and the launch of different awareness initiatives about the same on a global level. Increasing mortality rates of people affected by neurological disorders are also boosting paediatric neurology device sales.
Focus on Early Intervention
- Early diagnosis of any neurological disease gives the patient a better chance of recovery and treatment. Increased awareness regarding neurological disease progression has led to efforts that are pushing people to intervene and get treated in the early stages of the disease.
Pediatric Neurology Device Market Restraints
High Treatment Costs
- Treating a neurological disease can surely burn a hole in anyone’s pocket in modern times as it requires the extensive use of advanced neurological devices that are expensive to own and operate. Moreover, paediatric neurology devices are specifically designed for use among children and therefore have limited usage but still are very expensive adding up to the treatment costs for patients.
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Pediatric Neurology Device Market Competitive Landscape
The global paediatric neurology device market is still in its nascent phase and has a lot of room to grow, which is why many new companies are entering the market with innovative neurology devices for children. Product innovation is predicted to be a crucial strategy that new as well as established paediatric neurology device manufacturers should focus on if they wish to make a mark in the global landscape. Paediatric neurology device companies can also partner and collaborate with healthcare institutions and research institutions to expand their business potential and reach. Market players can also leverage neurology awareness programs launched by governments and public health organisations to market their products. Established paediatric neurology device companies are investing heavily in the research and development of novel devices to expand their product portfolio and stand out from the competition.
Top Players in Pediatric Neurology Device Market
- Medtronic plc (Ireland)
- Abbott Laboratories (USA)
- Boston Scientific Corporation (USA)
- Johnson & Johnson (USA)
- LivaNova PLC (UK)
- Integra LifeSciences (USA)
- Natus Medical Incorporated (USA)
- Nihon Kohden Corporation (Japan)
- B. Braun Melsungen AG (Germany)
- Stryker Corporation (USA)
- Siemens Healthineers AG (Germany)
- Philips Healthcare (Netherlands)
- Computational Diagnostics, Inc. (USA)
- Elekta AB (Sweden)
- NeuroPace, Inc. (USA)
- Terumo Corporation (Japan)
- Smith+Nephew (UK)
- Mizuho OSI (USA)
- Orpyx Medical Technologies Inc. (Canada)
- Magstim (UK)
Recent Developments
- In April 2024, leading medical technology provider Healing Innovations and Arkansas Children's Hospital partnered in a breakthrough in pediatric care: the first-ever Rise&Walk technology customized to help children as they recover after spinal cord and traumatic brain injuries.
- In January 2024, OrthoPediatrics announced it acquired Boston Orthotics & Prosthetics for an undisclosed amount. In addition to the acquisition, OrthoPediatrics closed a debt financing with MidCap Financial to provide up to $80 million of capital through the combination of a term loan and revolving loan to replace its prior unused $50 million line of credit.
- In October 2023, Oxford Nanopore Technologies has partnered with US-based company Fabric Genomics to develop a software solution that can analyse and report on genomic data from neonatal and paediatric patients in intensive care units.
Pediatric Neurology Device Key Market Trends
- Better Neurological Disease Diagnosis: Diagnosing neurological illnesses has been a challenge for quite a while but with advancements in healthcare technology and neurology research, this challenge has now turned into a huge opportunity for paediatric neurology device suppliers. Paediatric neurology device manufacturers are focusing on the integration of advanced technologies to improve the diagnostic accuracy of their products. Artificial intelligence, advanced medical imaging, and machine learning are some key technologies that companies can integrate to improve their device performance.
Pediatric Neurology Device Market SkyQuest Analysis
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per Skyquest analysis, growing advancements in neurology research and the high prevalence of neurological disorders around the world are estimated to primarily augment paediatric neurology device demand going forward. Rising awareness regarding neurological disorders, high healthcare expenditure, and high investments in medical R&D are other key factors that determine the future paediatric neurology device market growth. Efforts of governments to improve the quality of life of their citizens are resulting in the development of healthcare infrastructure and favouring paediatric neurology device sales as well. However, the high costs of paediatric neurological disorder treatment are predicted to impede the global paediatric neurology device market development in the future. Product innovation and gaining approval of novel paediatric neurology devices will be crucial strategies that new as well as established paediatric neurology device suppliers will have to focus on going forward. North America accounts for a lion's share of the global paediatric neurology device market owing to the presence of key paediatric neurology device manufacturers and a developed healthcare ecosystem. Integration of advanced technologies with paediatric neurology devices to improve their performance and diagnostic capabilities is a trend that will open up plenty of new growth opportunities in the long run.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 3.7 billion |
| Market size value in 2032 | USD 6.75 billion |
| Growth Rate | 6.9% |
| Base year | 2024 |
| Forecast period | 2025-2032 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Pediatric Neurology Device Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Pediatric Neurology Device Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Pediatric Neurology Device Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Pediatric Neurology Device Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Pediatric Neurology Device Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Pediatric Neurology Device Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Pediatric Neurology Device Market Report Snapshots
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