Global Medical Connector Market Research Report by Forecast to 2023
Pune, India -- (SBWIRE) -- 09/29/2017 -- Market Highlights:
The study reveals that medical connector is trending in North America region. The medical connector demand is growing very rapidly as it is used to transfer power, signal, data and other. The medical connectors are ideal for medical electronic equipment. The growth of the medical devices market is also one of the major factors influencing the growth of this product segment. It helps to the medical device manufacturers to reduce risk and to build right interconnect solutions. It offers a complete end-to-end solution that meets the requirements of the medical industry. The auto-locking medical connectors are gaining demand as it is best suited with medical electronic equipment. These medical connectors are used for electro surgery, imaging, therapy, patient monitoring, dental tools and others. The companies are investing in this market as it is widely used in medical imaging device to accurately diagnose and provide treatment.
In North America region, the hybrid medical connector demand is increasing as it helps to transfer liquid and air media, as well as electrical signals all in one device. The electrical medical connector is growing with the increasing demand of cost effective surgical treatment. These connector offers lighter weight, high density, low contact resistance, shielded connectors, high power, EMI protection, RF, long cycle life, vibration immunity, and exceptional design flexibility. It is used in MRI, EKG, heart-lung machines, ultrasound, defibrillators, diagnostic therapy systems and others.
The global medical connector market is growing rapidly over ~8% of CAGR and is expected to reach at USD 2 Billion by the end of forecast period.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on "Medical Connector Market - Forecast to 2023".
Major Key Players:
- ITT Corporation (U.S.)
- Smiths Interconnect (U.K.)
- TE Connectivity Ltd. (Switzerland)
- Amphenol Corporation (U.S.)
- Delphi Automotive LLP. (U.K.)
- Esterline Corporation (U.S.)
- Fisher Connectors (Switzerland)
- Molex (U.S.)
- Samtec (U.S.)
- Lemo S.A. (Switzerland)
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The regional analysis of medical connector market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America is one of the leading region across the world in terms of largest market share in medical connectors market owing to the company's investments in the medical applications which can be used in dental tools, electro surgery tools, catheters, sensors, respirators, ECG devices, defibrillators and others.
The Medical Connector Market in Europe region is expected to witness rapid growth in the forthcoming period. Whereas, Asia-Pacific countries like China, Japan and India is an emerging market for medical connectors market and expected to be the highest CAGR in the coming years.
Global Medical Connector Market Segmentation:
The global medical connector market is bifurcated into material, connector size and region. The material includes metal, plastic and others.
The connector size (mm) includes <=10 mm, 11mm -20 mm, >= 20 mm and others. The region includes North America, Europe, Asia Pacific and rest of the world.
Market Research Analysis:
On geographic basis, global medical connector market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with largest market share growth in the medical connector market due to the major companies are investing to supply the advanced medical connectors in the market. In this market, Europe is to be estimated to be the second largest market share for medical connector during the forecast period.
The APAC region are very large, underserved markets will assure continued growth in medical equipment for years to come.
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- Hospitals and clinics
- Research institutes
- Product sales and distribution companies
- Original equipment manufacturers
- Original design manufacturers
- Research and development companies
- Market research and consulting firms
- Technology standards organizations
- Technology investors
- System Integrators
Table of Contents
1 Market Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.3 Market Structure:
1.3.1 Global Medical Connector Market: By Material
1.3.2 Global Medical Connector Market: By Connector Size
1.3.3 Global Medical Connector Market: By Region
2 Research Methodology
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
List of Tables
Table 1 Medical Connector Market, By Material
Table 2 Medical Connector Market, By Connector Size
Table 3 Medical Connector Market, By Regions
List of Figures
Figure 1 Research Methodology
Figure 2 Medical Connector Market: By Material (%)
Figure 3 Medical Connector Market: By Connector Size (%)
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