The report "Medical Connectors Market
by Product (Flat Silicone, Hybrid, Embedded, Radio Frequency,
Push-Pull), Application (Patient Monitoring, Electrosurgery, Endoscopy,
Diagnostic Imaging, Respiratory, Dental Device) & by End User -
Global Forecast to 2021", report provides a detailed overview
of the major drivers, restraints, trends, opportunities, and strategies
impacting the medical connectors market along with the estimates and
forecasts of the revenue and market share analysis.
Browse 65 market data tables and 42 figures spread through 132 pages and in-depth TOC on "Medical
Connectors Market by Product (Flat Silicone, Hybrid, Embedded, Radio
Frequency, Push-Pull), Application (Patient Monitoring, Electrosurgery,
Endoscopy, Diagnostic Imaging, Respiratory, Dental Device) & by End
User - Global Forecast to 2021"Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=81731061
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The medical connectors market is projected to reach
USD 2.69 Billion by 2021 from USD 1.63 Billion in 2016, at a CAGR of
10.5%. The major factors driving the growth of this market are
increasing incidence and prevalence of chronic diseases, rapid growth in
the medical devices market, and growth in the home healthcare market,
which results in increased adoption of miniaturized connectors and
growing healthcare expenditure across the globe.
The medical connectors market is segmented based on
products, application, end user, and region in this report. On the basis
of products, the market is segmented into flat surgical silicone
cables, embedded electronics connectors, radio-frequency connectors,
disposable plastic connectors, hybrid circular connectors &
receptacle system, power cords with retention system, lighted
hospital-grade cords, magnetic medical connectors, and push-pull
connectors. The flat surgical silicone cables segment is expected to
grow at the highest CAGR during the forecast period. Increasing
awareness about the application of connectors and its technical features
are the factors driving the growth of this segment.
By application, the market is classified into
cardiology devices, diagnostic imaging devices, electrosurgical
instruments, patient monitoring devices, endoscopy devices, respiratory
devices, analyzers and processing instruments, dental instruments,
neurology devices, enteral devices, and other applications. The patient
monitoring devices segment is expected to grow at the highest CAGR
during the forecast period due to increasing incidence of chronic
diseases and increasing adoption of patient monitoring devices.
Based on end user, the market is classified into
hospitals & clinics, diagnostic laboratories and imaging centers,
ambulatory surgical centers, and other end users. The hospitals &
clinics end user segment is expected to grow at the highest CAGR during
the forecast period due to factors such as increasing demand for
electrosurgical therapy and growing incidence of chronic disorders.
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Medical Connectors Market |
On the basis of region, North America accounted for
the largest share in the market in 2016. However, in the coming five
years, growth in the market is expected to be centered on Asia. The
increasing prevalence and incidence rate of chronic disorders in Asia
provides growth opportunities to players in the market. Key players are
focusing on strategies such as product launches, acquisitions, and
expansions to strengthen their foothold in the market.
Key players in the market include Amphenol
Corporation (U.S.), Delphi Automotive LLP. (U.K.), Esterline Corporation
(U.S.), ITT Corporation (U.S.), Smiths Interconnect (U.K.), TE
Connectivity Ltd. (Switzerland), Fisher Connectors (Switzerland), Lemo
S.A. (Switzerland), Molex (U.S.), and Samtec (U.S.).
