Medical Connectors Market showing Footprints for Strong Annual Sales

Posted by Andre on September 4th, 2019

Global medical connectors market is registering a healthy CAGR of 10.8% in the forecast period of 2019-2026. This rise in the market can be attributed to the rising prevalence of chronic diseases and medical devices and home healthcare market growth. Advancement in the medical devices is driving this market.  Some of the leading key players profiled in this study: Amphenol Corporation, Delphi Technologies, ITT Inc., Mouser Electronics, Inc., Smiths Interconnect, TE Connectivity., Fischer Connectors SA, Molex, LLC, Esterline Technologies Corporation, LEMO S.A., Samtec, B. Braun Melsungen AG, Foxconn Electronics Inc,  Stäubli Electrical Connectors AG, ODU GmbH & Co. KG, Axon' Cable, Bel Fuse Inc., PalPilot International Corp

Market Definition: Global Medical Connectors Market

Medical connectors are the part of devices that attach syringes, tubing and catheters to other medical devices. Each medical device with their own connections, several types of medical devices can be used at a same time on a single patient. Hospitals, Patients may use these devices for long-term care throughout their lives.

Market Drivers

•          Rising prevalence of chronic disease is driving this market
•          Advancement in technology and development of medical connectors will drive the market growth
•          Rise in demand in developing countries tend to drive the market growth
•          Awareness related to health care among people is also contributing to the market growth

Market Restraints

•          Strict regulations standard and mandates is hampering the growth of the market
•          Increasing demand for wireless connectivity is restraining the growth of the market

Competitive Analysis:

Global medical connectors market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of medical connectors market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Segmentation: Global Medical Connectors Market

•          Global Medical Connectors Market By Product (Flat Silicone Surgical Cables, Embedded Electronics Connectors,  Radio-Frequency Connectors, Disposable Plastic Connectors, Hybrid Circular Connectors And Receptacle Systems,  Power Cords With Retention System, Lighted Hospital-Grade Cords, Magnetic Medical Connectors, Push-Pull Connectors)
•          Application (Patient Monitoring Devices, Diagnostic Imaging Devices,  Electrosurgical Devices, Cardiology Devices, Endoscopy Devices, Respiratory Devices, Analyzers and Processing Instruments, Dental Instruments, Neurology Devices, Enteral Devices, Other Applications)
•          End-Users (Hospital & Clinics, Diagnostic Laboratories And Imaging Centers, Ambulatory Surgical Centers, Other End Users)
•          Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Reasons to Purchase this Report

•          Current and future of global medical connectors market outlook in the developed and emerging markets
•          The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
•          Regions/Countries that are expected to witness the fastest growth rates during the forecast period
•          The latest developments, market shares, and strategies that are employed by the major market players

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