Business Background

• Market Size: The US pediatric healthcare market is estimated at $15.32 billion in 2024, projected to reach $18.64 billion by 2029, growing at a CAGR of 4% (Mordor Intelligence)
• Total child population in the US: Approximately 74 million, with larger distribution in Urban areas with higher population density (Source: US Census Bureau)
• Insurance coverage: Approximately 90% of children are insured (Source: Kaiser Family Foundation)
• 54,000 practicing pediatricians in the US with most practices group practices (Source: AAP)
• Increasing role of pediatric urgent care centers and retail clinics