Pediatric Drugs Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Pediatric Drugs Market is segmented By Indication (Cancer (Leukemia, Brain Tumors, Lymphomas) Respiratory Diseases, Neurological Diseases, Genetic Dis....

Pediatric Drugs Market Size

Market Size in USD

CAGR12.3%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR12.3%
Market ConcentrationHigh
Major PlayersNovartis AG, Pfizer Inc., Sanofi, Johnson & Johnson Services, Inc., Bayer AG
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Pediatric Drugs Market Analysis

The pediatric drugs market is estimated to be valued at USD 147.8 Bn in 2024 and is expected to reach USD 333 Bn by 2031, growing at a compound annual growth rate (CAGR) of 12.3% from 2024 to 2031. The market has witnessed steady growth over the past decade attributed to the increasing number of clinical researches focusing on developing drugs exclusively meant for pediatric population.