Press release
Global Acute Care Needleless Connectors Market to Reach US$972.0 mn by 2020, Driven by Rising Cases of Needlestick Injuries
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The global acute care needleless connectors market is, however, restrained by the high cost of needleless connectors from within a branded variety which leads consumers to reach for easily available substitutes. The global acute care needleless connectors market is also hindered by a growing prevalence of bloodstream infections caused by catheters.The report adds that the global acute care needleless connectors market is still expected to prosper in the near future, owing to the growing investments made by developing economies in research and development efforts. The global acute care needleless connectors market could achieve a high growth rate through the higher rate of use of needleless connectors in developing economies.
The report provides a segmented view of the global acute care needleless connectors market based on design, mechanism, dwell time, and geography.In product designs, the global acute care needleless connectors market was led by complex needleless connectors in 2013, with over 50%. The report’s forecast period is expected to see simple needleless connectors grow at the fastest pace.
Positive fluid displacement devices led the global acute care needleless connectors market in 2013, in the mechanism segment The report, however, explains that positive displacement devices carry a high risk of causing CRBSI, hindering the market’s growth rate. Consequently, the global acute care needleless connectors market is expected to be boosted by a growing preference for neutral displacement connectors. The neutral fluid displacement connectors market is expected to display a 11.0% CAGR from 2014 to 2020.
North America registered the highest growth rate in the global acute care needleless connectors market in 2013. The report, however, states that Asia Pacific will display the fastest CAGR over the report’s forecast period.
Key players in the global acute care needleless connectors market are RyMed Technologies, Vygon SA, ICU Medical Inc., CareFusion Corp., Nexus Medical, Baxter Int. Inc., Becton Dickinson and Co., and B. Braun Melsungen. The report analyzes all key players to provide an accurate competitive landscape of the global acute care needleless connectors market.
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Key segments of the Global Acute Care Needleless Connectors Market
Global Acute Care Needleless Connectors Market, by Design Types
Simple
Complex
Global Acute Care Needleless Connectors Market, by Mechanism
Positive Fluid Displacement
Negative Fluid Displacement
Neutral Fluid Displacement
Global Acute Care Needleless Connectors Market, by Dwell Time
7 Days
Other than 7 Days
Global Acute Care Needleless Connectors Market, by Geography
North America
By Design Type
Simple Connectors
Complex Connectors
By Mechanism
Positive Displacement
Negative Displacement
Neutral Displacement
By Dwell Time
Seven Day
Other than Seven Day
Europe
By Design Type
Simple Connectors
Complex Connectors
By Mechanism
Positive Displacement
Negative Displacement
Neutral Displacement
By Dwell Time
Seven Day
Other than Seven Day
Asia-Pacific
By Design Type
Simple Connectors
Complex Connectors
By Mechanism
Positive Displacement
Negative Displacement
Neutral Displacement
By Dwell Time
Seven Day
Other than Seven Day
Rest of the World
By Design Type
Simple Connectors
Complex Connectors
By Mechanism
Positive Displacement
Negative Displacement
Neutral Displacement
By Dwell Time
Seven Day
Other than Seven Day
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Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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