Pediatric Neurology Device Market Size, Share, Growth Analysis, By Product(Neurostimulation Devices, Neurosurgery Devices, Interventional Neurology Devices, Cerebrospinal Fluid Management Devices), By Condition(Stroke, Seizures, Hydrocephalus, Oncology), By Age Group(0-5 Years, 5-10 Years, 10-19 Years), By End User(Hospitals, Ambulatory Surgery Centers), By Region - Industry Forecast 2024-2031

​​​Global Paediatric Neurology Device Market size was valued at USD 2.51 billion in 2022 and is poised to grow from USD 2.68 billion in 2023 to USD 4.58 billion by 2031, growing at a CAGR of 6.9% in the forecast period (2024-2031).

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.