The Asia Pacific pediatric MRI market was valued at US$ 670.85 million in 2022 and is expected to reach US$ 1,077.81 million by 2028; it is estimated to grow at a CAGR of 8.2% from 2022 to 2028.
Use of MRI Simulators to Adapt Children to MRI Scanners Fueling the Pediatric MRI Market
The experience of undergoing magnetic resonance imaging (MRI) can lead to anxiety, particularly for pediatric patients and their families. As a result, children are often sedated to complete the exam. However, sedation increases the cost of the procedure and requires an anesthesiologist to be present during the exam. Alternative methods to improve success and ensure non-sedation experience can be implemented with the adoption of new technologies and simulations that reduce the number of procedures requiring anesthesia. An MRI simulator can be used on children to scan and assess if they need sedation; it is available in various forms. Virtual reality, a computer-generated simulation of a 3D environment that can be experienced using a head-mounted display (HMD), has emerged as an effective solution for reducing anxiety in various pediatric psychological applications, including fear of the procedure. For instance, the Ambient Experience program by Philips Healthcare incorporates architecture, design, and other technologies for lighting and sound to create a relaxed environment for the scan. For MRI scans, Philips offers the Ambient Experience in-bore Connect, which projects videos inside the bore to calm and instruct patients. The children can select a theme, which can be played in the room before the scan and inside the bore during the scan. In March 2021, Philips and The Walt Disney Company collaborated to test the effects of custom-made animation, such as specially made Disney stories, in the Philips Ambient Experience. A few of Disney animation stories featured Mickey Mouse, Ariel, Marvel's Avengers, Star Wars' Yoda, and other Disney characters. Therefore, the implementation of such technologies and play-based simulators to help children adapt to MRI scans is expected to boost the market growth during the forecast period.
Asia Pacific Pediatric MRI Market Overview
The pediatric MRI market in Asia Pacific is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. The market is driven by factors such as increasing number of R&D activities, adoption of innovative technologies and products, and rising use of MRI devices owing to the growing prevalence of pediatric diseases in the region. In recent years, Japan has experienced an enormous increase in road traffic accidents, which drives the demand for pediatric MRI. It is used to help diagnose a wide range of conditions in children that are caused due to injury, illness, or congenital abnormalities. It detects a variety of brain conditions and abnormalities such as cysts, tumors, bleeding, swelling, and problems with the blood vessels. Such aforementioned factors boost the pediatric MRI market growth in Japan.
Asia Pacific Pediatric MRI Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific Pediatric MRI Market Segmentation
The Asia Pacific pediatric MRI market is segmented based on type, application, product type, age group, end user, and country. Based on type, the Asia Pacific pediatric MRI market is segmented into functional brain MRI, cardiac MRI, 4D MRI, and others. The functional brain MRI segment held the largest market share in 2022.
Based on application, the Asia Pacific pediatric MRI market is segmented into neurology, orthopedics, cardiology, oncology, and others. The neurology segment held the largest market share in 2022.
Based on product type, the Asia Pacific pediatric MRI market is bifurcated into equipment and coil design. The equipment segment held a larger market share in 2022.
Based on age group, the Asia Pacific pediatric MRI market is segmented into adolescent (11-18 Years), child (2-11 Years), infants and toddlers (28 Days-23 Months), neonatal stage (0-27 Days), and fetal stage. The adolescent (11-18 Years) segment held the largest market share in 2022.
Based on end user, the Asia Pacific pediatric MRI market is segmented into hospitals, pediatric clinics, diagnostic centers, and others. The hospitals segment held the largest market share in 2022.
Based on country, the Asia Pacific pediatric MRI market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. Japan dominated the Asia Pacific pediatric MRI market share in 2022.
GE HealthCare Technologies Inc, Hyperfine Inc, Koninklijke Philips NV, LMT Medical Systems GmbH, Siemens Healthineers AG, and Time Medical Holding are some of the leading players operating in the Asia Pacific pediatric MRI market.
Reasons to Buy:
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific pediatric MRI market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific pediatric MRI market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific pediatric MRI market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Table Of Contents
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Asia Pacific Pediatric MRI Market - By Type
1.3.2 Asia Pacific Pediatric MRI Market - By Application
1.3.3 Asia Pacific Pediatric MRI Market - By Product Type
1.3.4 Asia Pacific Pediatric MRI Market - By Age Group
1.3.5 Asia Pacific Pediatric MRI Market - By End User
1.3.6 Asia Pacific Pediatric MRI Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Pediatric MRI Market- Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Asia Pacific - PEST Analysis
4.3 Experts Opinion
5. Asia Pacific Pediatric MRI Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 The Rising Number of Premature Births, and Pediatric Diseases
5.1.2 Adoption of Digital Health Technology to Improve Patient Care
5.2 Market Restraints
5.2.1 Limitations and Safety Challenges Associated with Pediatric MRI
5.3 Market Opportunities
5.3.1 Increasing Campaigns to Create Awareness Regarding Pediatric Safety
5.4 Future Trends
5.4.1 Use of MRI Simulators to Adapt Children to MRI Scanners
5.5 Impact Analysis
6. Pediatric MRI Market- Asia Pacific Analysis
6.1 Asia Pacific Pediatric MRI Market Revenue Forecast and Analysis
7. Asia Pacific Pediatric MRI Market - Revenue and Forecast to 2028 - by Type
7.1 Overview
7.2 Pediatric MRI Market Revenue Share, by Type (2022 and 2028)
7.3 Functional Brain MRI (fMRI)
7.3.1 Overview
7.3.2 Functional Brain MRI (fMRI): Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Cardiac MRI
7.4.1 Overview
7.4.2 Cardiac MRI: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
7.5 4D MRI
7.5.1 Overview
7.5.2 4D MRI: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
8. Asia Pacific Pediatric MRI Market - Revenue and Forecast to 2028- By Application
8.1 Overview
8.2 Pediatric MRI Market Revenue Share, by Application (2022 and 2028)
8.3 Neurology
8.3.1 Overview
8.3.2 Neurology: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Orthopedics
8.4.1 Overview
8.4.2 Orthopedics: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Cardiology
8.5.1 Overview
8.5.2 Cardiology: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Oncology
8.6.1 Overview
8.6.2 Oncology: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
9. Asia Pacific Pediatric MRI Market - Revenue and Forecast to 2028- By Product Type
9.1 Overview
9.2 Pediatric MRI Market Revenue Share, by Product Type (2022 and 2028)
9.3 Equipment
9.3.1 Overview
9.3.2 Equipment: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Coil Design
9.4.1 Overview
9.4.2 Coil Design: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
9.4.3 Pediatric Head/Neck/Spine (HNS) MRI Coil
9.4.3.1 Overview
9.4.3.2 Pediatric Head/Neck/Spine (HNS) MRI Coil: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
9.4.4 Pediatric Blanket Coil
9.4.4.1 Overview
9.4.4.2 Pediatric Blanket Coil: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
9.4.5 Interchangeable Pediatric Brain Coil Set
9.4.5.1 Overview
9.4.5.2 Specifications of the Three Types of Interchangeable Pediatric Brain Coils
9.4.5.3 Interchangeable Pediatric Brain Coil Set: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
9.4.6 Others
9.4.6.1 Overview
9.4.6.2 Others: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
10. Asia Pacific Pediatric MRI Market - Revenue and Forecast to 2028- By Age Group
10.1 Overview
10.2 Pediatric MRI Market Share, by Age Group, 2022 and 2028, (%)
10.3 Fetal Stage
10.3.1 Overview
10.3.2 Fetal Stage: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
10.4 Neonatal Stage (0-27 Days)
10.4.1 Overview
10.4.2 Neonatal Stage: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
10.5 Infant and Toddler (28 Days To 23 Months)
10.5.1 Overview
10.5.2 Infant and Toddler: Pediatric MRI Market- Revenue and Forecast to 2028 (US$ Million)
10.6 Child (2-11 Years)
10.6.1 Overview
10.6.2 Child: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
10.7 Adolescents (12 To 18 Years)
10.7.1 Overview
10.7.2 Adolescents: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
11. Asia Pacific Pediatric MRI Market - Revenue and Forecast to 2028- By End User
11.1 Overview
11.2 Pediatric MRI Market Share, by End User, 2022 and 2028, (%)
11.3 Hospitals
11.3.1 Overview
11.3.2 Hospitals: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
11.4 Pediatric Clinics
11.4.1 Overview
11.4.2 Pediatric Clinics: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
11.5 Diagnostic Centres
11.5.1 Overview
11.5.2 Diagnostic Centres: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
11.6 Others
11.6.1 Overview
11.6.2 Others: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
12. Asia Pacific Pediatric MRI Market - Revenue and Forecast to 2028 - by Country Analysis
12.1
12.2 Asia Pacific: Pediatric MRI Market
12.2.1 Overview
12.2.2 Asia Pacific: Pediatric MRI Market, by Country, 2022 & 2028 (%)
12.2.2.1 China: Pediatric MRI Market - Revenue and Forecast to 2028 (USD Million)
12.2.2.1.1 Overview
12.2.2.1.2 China: Pediatric MRI Market, Number of Anatomy Scans
12.2.2.1.3 China: Pediatric MRI Market - Revenue and Forecast to 2028 (USD Million)
12.2.2.1.4 China: Pediatric MRI Market, By Type, 2020-2028 (USD Million)
12.2.2.1.5 China: Pediatric MRI Market, by Application, 2020-2028 (USD Million)