The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the pediatric neurology devices market. The scope of this report covers the pediatric neurology devices market by its major segments, which include the types, applications, and the major geographic regions.
Pediatric neurology is a study of neurological disorders in children and teens up to the age of eighteen years. Neurology deals with the diagnosis and treatment options for neurological problems such as muscular dystrophy, epilepsy and paroxysmal disorders.
There are various age groups that come under the pediatric category such as infants, children, neonates and adolescents. For diagnosis and treatment of the disorders, certain specialized devices like EEG (electroencephalogram) are used.
KEY PREMIUM INDUSTRY INSIGHTS
- The rise in number and timely diagnosis of neurological disorders such as multiple sclerosis, cerebral palsy and so on, is driving the market of pediatric neurology devices market. The increase in demand from patients for an effective and efficient treatment option is driving the global pediatric neurology devices market.
- There are extensive research and development activities going on worldwide to improve the treatment options for pediatric patients which also include focusing on novel drug development techniques which is creating newer growth opportunities for the market.
- However, more focus on drug development can replace the devices market and hamper the market growth.
The global pediatric neurology devices market is divided into four major geographical segments which are North America, Europe, Asia-Pacific, and Rest of the world. The North America region holds the highest market share and is the largest revenue contributor of the pediatric neurology devices market.
The region continues to dominate the global market due to new market strategies and advancement in technology. Next in line is the Asia-Pacific market which is witnessing a steady growth due to increasing incidences of neurological disorders among pediatric patients.
The rise in demand for faster diagnosis and effective treatment is boosting the growth of pediatric neurology devices market.
KEY MARKET PLAYERS
Key players in the pediatric neurology devices market include:
- Elana. Inc.
- Inova Healthcare System
- Philadelphia Pediatric Medical Device Consortium
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